Financial Highlights
- Net Sales: ¥1.86B
- Operating Income: ¥396M
- Net Income: ¥231M
- EPS: ¥11.21
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥1.86B | ¥681M | +172.8% |
| Cost of Sales | ¥334M | ¥198M | +68.6% |
| Gross Profit | ¥1.52B | ¥483M | +215.4% |
| SG&A Expenses | ¥1.13B | ¥600M | +88.1% |
| Operating Income | ¥396M | −¥116M | +441.4% |
| Non-operating Income | ¥4M | ¥1M | +280.4% |
| Non-operating Expenses | ¥31M | ¥17M | +82.1% |
| Ordinary Income | ¥369M | −¥132M | +379.5% |
| Profit Before Tax | ¥358M | −¥131M | +374.0% |
| Income Tax Expense | ¥127M | −¥323M | +139.3% |
| Net Income | ¥231M | ¥193M | +19.9% |
| Net Income Attributable to Owners | ¥231M | ¥192M | +20.3% |
| Total Comprehensive Income | ¥227M | ¥192M | +18.2% |
| Depreciation & Amortization | ¥27M | ¥11M | +149.4% |
| Interest Expense | ¥21M | ¥5M | +350.9% |
| Basic EPS | ¥11.21 | ¥9.31 | +20.4% |
| Diluted EPS | ¥11.20 | ¥9.30 | +20.4% |
| Dividend Per Share | ¥4.40 | ¥0.00 | - |
| Total Dividend Paid | ¥89M | ¥82M | +8.5% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥2.19B | ¥1.80B | +¥395M |
| Cash and Deposits | ¥1.65B | ¥1.49B | +¥166M |
| Accounts Receivable | ¥392M | ¥87M | +¥305M |
| Non-current Assets | ¥780M | ¥944M | −¥163M |
| Property, Plant & Equipment | ¥53M | ¥39M | +¥15M |
| Intangible Assets | ¥446M | ¥523M | −¥78M |
| Goodwill | ¥3M | ¥4M | −¥534,000 |
| Investment Securities | ¥42M | ¥14M | +¥27M |
| Total Assets | ¥2.98B | ¥2.76B | +¥227M |
| Current Liabilities | ¥838M | ¥713M | +¥125M |
| Accounts Payable | ¥33M | ¥51M | −¥17M |
| Non-current Liabilities | ¥1.23B | ¥1.21B | +¥17M |
| Long-term Loans | ¥892M | ¥648M | +¥244M |
| Total Liabilities | ¥2.06B | ¥1.92B | +¥142M |
| Total Equity | ¥920M | ¥835M | +¥85M |
| Capital Stock | ¥97M | ¥97M | ¥0 |
| Capital Surplus | ¥1.51B | ¥1.51B | ¥0 |
| Retained Earnings | ¥406M | ¥258M | +¥149M |
| Treasury Stock | −¥1.10B | −¥1.04B | −¥60M |
| Owners' Equity | ¥915M | ¥830M | +¥85M |
| Working Capital | ¥1.36B | - | - |
Cash Flow Statement
| Item | Current | Prior | Change |
|---|---|---|---|
| Operating Cash Flow | ¥293M | −¥107M | +¥400M |
| Investing Cash Flow | −¥39M | −¥51M | +¥12M |
| Financing Cash Flow | −¥95M | ¥576M | −¥671M |
| Free Cash Flow | ¥254M | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Operating Margin | 21.3% |
| ROA (Ordinary Income) | 12.9% |
| Payout Ratio | 39.2% |
| Dividend on Equity (DOE) | 10.4% |
| Book Value Per Share | ¥44.80 |
| Net Profit Margin | 12.4% |
| Gross Profit Margin | 82.0% |
| Current Ratio | 261.8% |
| Quick Ratio | 261.8% |
| Debt-to-Equity Ratio | 2.24x |
| Interest Coverage Ratio | 19.08x |
| EBITDA Margin | 22.8% |
| Effective Tax Rate | 35.5% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +172.8% |
| Net Income YoY Change | +19.9% |
| Net Income Attributable to Owners YoY Change | +20.3% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 25.77M shares |
| Treasury Stock | 5.34M shares |
| Average Shares Outstanding | 20.60M shares |
| Book Value Per Share | ¥45.03 |
| EBITDA | ¥423M |
Dividend Information
| Item | Amount |
|---|---|
| Q2 Dividend | ¥0.00 |
| Year-End Dividend | ¥4.40 |
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥2.10B |
| Operating Income Forecast | ¥500M |
| Ordinary Income Forecast | ¥472M |
| Net Income Attributable to Owners Forecast | ¥305M |
| Basic EPS Forecast | ¥14.93 |
| Dividend Per Share Forecast | ¥4.50 |