Financial Highlights
- Net Sales: ¥4.35B
- Operating Income: ¥29M
- Net Income: ¥30M
- EPS: ¥1.75
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥4.35B | ¥4.52B | −3.7% |
| Cost of Sales | ¥2.96B | ¥3.15B | −6.1% |
| Gross Profit | ¥1.40B | ¥1.37B | +1.7% |
| SG&A Expenses | ¥1.37B | ¥1.40B | −2.4% |
| Operating Income | ¥29M | −¥28M | +203.6% |
| Non-operating Income | ¥30M | ¥52M | −41.0% |
| Non-operating Expenses | ¥21M | ¥17M | +26.9% |
| Ordinary Income | ¥38M | ¥6M | +533.3% |
| Profit Before Tax | ¥39M | −¥114M | +134.1% |
| Income Tax Expense | ¥9M | ¥48M | −81.0% |
| Net Income | ¥30M | −¥162M | +118.4% |
| Net Income Attributable to Owners | ¥29M | −¥171M | +117.0% |
| Total Comprehensive Income | ¥19M | −¥36M | +152.8% |
| Depreciation & Amortization | ¥18M | ¥147M | −87.5% |
| Interest Expense | ¥13M | ¥9M | +47.6% |
| Basic EPS | ¥1.75 | −¥10.17 | +117.2% |
| Diluted EPS | ¥1.72 | - | - |
| Dividend Per Share | ¥0.00 | ¥0.00 | - |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥3.58B | ¥3.68B | −¥97M |
| Cash and Deposits | ¥2.97B | ¥2.91B | +¥55M |
| Accounts Receivable | ¥504M | ¥669M | −¥165M |
| Non-current Assets | ¥689M | ¥741M | −¥52M |
| Property, Plant & Equipment | ¥24M | ¥22M | +¥2M |
| Intangible Assets | ¥464M | ¥540M | −¥75M |
| Goodwill | ¥461M | ¥532M | −¥71M |
| Investment Securities | ¥112M | ¥95M | +¥18M |
| Total Assets | ¥4.27B | ¥4.42B | −¥149M |
| Current Liabilities | ¥772M | ¥749M | +¥24M |
| Accounts Payable | ¥351M | ¥339M | +¥11M |
| Non-current Liabilities | ¥514M | ¥712M | −¥198M |
| Long-term Loans | ¥514M | ¥712M | −¥198M |
| Total Liabilities | ¥1.29B | ¥1.46B | −¥175M |
| Total Equity | ¥2.98B | ¥2.96B | +¥26M |
| Capital Stock | ¥1.78B | ¥1.77B | +¥3M |
| Capital Surplus | ¥3.53B | ¥3.53B | +¥3M |
| Retained Earnings | −¥2.67B | −¥2.70B | +¥30M |
| Treasury Stock | −¥76,000 | −¥67,000 | −¥9,000 |
| Owners' Equity | ¥2.98B | ¥2.96B | +¥26M |
| Working Capital | ¥2.81B | - | - |
Cash Flow Statement
| Item | Current | Prior | Change |
|---|---|---|---|
| Operating Cash Flow | ¥287M | ¥216M | +¥71M |
| Investing Cash Flow | −¥23M | −¥129M | +¥106M |
| Financing Cash Flow | −¥198M | ¥110M | −¥308M |
| Free Cash Flow | ¥264M | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Operating Margin | 0.7% |
| ROA (Ordinary Income) | 0.8% |
| Book Value Per Share | ¥175.35 |
| Net Profit Margin | 0.7% |
| Gross Profit Margin | 32.1% |
| Current Ratio | 463.5% |
| Quick Ratio | 463.5% |
| Debt-to-Equity Ratio | 0.43x |
| Interest Coverage Ratio | 2.31x |
| EBITDA Margin | 1.1% |
| Effective Tax Rate | 23.3% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | −3.7% |
| Ordinary Income YoY Change | +499.5% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 17.02M shares |
| Treasury Stock | 4K shares |
| Average Shares Outstanding | 16.99M shares |
| Book Value Per Share | ¥175.34 |
| EBITDA | ¥47M |
Dividend Information
| Item | Amount |
|---|---|
| Q2 Dividend | ¥0.00 |
| Year-End Dividend | ¥0.00 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| CloudSegment | ¥446M | ¥121M |
| ProfessionalSegment | ¥3.91B | −¥92M |
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥4.60B |
| Operating Income Forecast | ¥40M |
| Ordinary Income Forecast | ¥40M |
| Net Income Attributable to Owners Forecast | ¥20M |
| Basic EPS Forecast | ¥1.18 |