Financial Highlights
- Net Sales: ¥34.74B
- Operating Income: ¥1.47B
- Net Income: ¥985M
- EPS: ¥211.65
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥34.74B | ¥31.45B | +10.5% |
| Cost of Sales | ¥29.37B | ¥27.82B | +5.6% |
| Gross Profit | ¥5.37B | ¥3.63B | +48.0% |
| SG&A Expenses | ¥3.90B | ¥3.76B | +3.7% |
| Operating Income | ¥1.47B | −¥135M | +1187.4% |
| Non-operating Income | ¥142M | ¥383M | −62.9% |
| Non-operating Expenses | ¥457M | ¥508M | −10.1% |
| Ordinary Income | ¥1.15B | −¥260M | +543.5% |
| Profit Before Tax | ¥1.32B | −¥1.27B | +204.5% |
| Income Tax Expense | ¥339M | −¥387M | +187.4% |
| Net Income | ¥985M | −¥880M | +212.0% |
| Net Income Attributable to Owners | ¥906M | −¥928M | +197.6% |
| Total Comprehensive Income | ¥2.37B | −¥685M | +446.1% |
| Interest Expense | ¥284M | ¥330M | −13.8% |
| Basic EPS | ¥211.65 | −¥217.59 | +197.3% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥24.48B | ¥21.36B | +¥3.12B |
| Cash and Deposits | ¥7.30B | ¥4.42B | +¥2.88B |
| Accounts Receivable | ¥8.06B | ¥7.90B | +¥159M |
| Inventories | ¥1.08B | ¥1.09B | −¥6M |
| Non-current Assets | ¥26.67B | ¥26.47B | +¥196M |
| Property, Plant & Equipment | ¥22.90B | ¥22.93B | −¥26M |
| Intangible Assets | ¥829M | ¥768M | +¥61M |
| Investment Securities | ¥1.81B | ¥1.51B | +¥302M |
| Total Assets | ¥51.15B | ¥47.84B | +¥3.31B |
| Current Liabilities | ¥22.68B | ¥21.42B | +¥1.25B |
| Accounts Payable | ¥2.85B | ¥2.75B | +¥101M |
| Short-term Loans | ¥9.51B | ¥10.06B | −¥553M |
| Non-current Liabilities | ¥10.23B | ¥9.42B | +¥808M |
| Long-term Loans | ¥5.97B | ¥5.12B | +¥851M |
| Total Liabilities | ¥32.90B | ¥30.84B | +¥2.06B |
| Total Equity | ¥18.24B | ¥16.99B | +¥1.25B |
| Capital Stock | ¥2.20B | ¥2.20B | ¥0 |
| Capital Surplus | ¥3.00B | ¥1.72B | +¥1.28B |
| Retained Earnings | ¥8.02B | ¥7.20B | +¥820M |
| Treasury Stock | −¥162M | −¥162M | −¥38,000 |
| Owners' Equity | ¥17.55B | ¥14.10B | +¥3.45B |
| Working Capital | ¥1.80B | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Book Value Per Share | ¥4,100.08 |
| Net Profit Margin | 2.6% |
| Gross Profit Margin | 15.5% |
| Current Ratio | 108.0% |
| Quick Ratio | 103.2% |
| Debt-to-Equity Ratio | 1.80x |
| Interest Coverage Ratio | 5.16x |
| Effective Tax Rate | 25.6% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +10.5% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 4.42M shares |
| Treasury Stock | 140K shares |
| Average Shares Outstanding | 4.28M shares |
| Book Value Per Share | ¥4,262.75 |
Dividend Information
| Item | Amount |
|---|---|
| Q2 Dividend | ¥10.00 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| AutomobileSinteringProducts | ¥31.50B | ¥2.72B |
| OilHydraulicEquipmentProducts | ¥1.45B | ¥350M |
| OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness | ¥7M | ¥1M |
| RailwaySinteringProducts | ¥1.79B | ¥488M |
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥44.00B |
| Operating Income Forecast | ¥1.50B |
| Ordinary Income Forecast | ¥1.10B |
| Net Income Attributable to Owners Forecast | ¥950M |
| Basic EPS Forecast | ¥221.90 |
| Dividend Per Share Forecast | ¥25.00 |