Financial Highlights
- Net Sales: ¥8.71B
- Operating Income: ¥24M
- Net Income: ¥19M
- EPS: ¥3.98
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥8.71B | ¥7.42B | +17.3% |
| Cost of Sales | ¥6.32B | ¥5.54B | +14.0% |
| Gross Profit | ¥2.39B | ¥1.88B | +27.0% |
| SG&A Expenses | ¥2.37B | ¥2.31B | +2.6% |
| Operating Income | ¥24M | −¥424M | +105.7% |
| Non-operating Income | ¥86M | ¥193M | −55.4% |
| Non-operating Expenses | ¥75M | ¥52M | +44.2% |
| Ordinary Income | ¥35M | −¥283M | +112.4% |
| Profit Before Tax | ¥33M | −¥283M | +111.7% |
| Income Tax Expense | ¥13M | −¥112M | +111.6% |
| Net Income | ¥19M | −¥170M | +111.2% |
| Net Income Attributable to Owners | ¥15M | −¥177M | +108.5% |
| Total Comprehensive Income | ¥433M | ¥141M | +207.1% |
| Interest Expense | ¥24M | ¥16M | +50.0% |
| Basic EPS | ¥3.98 | −¥43.30 | +109.2% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥23.14B | ¥22.70B | +¥435M |
| Cash and Deposits | ¥3.78B | ¥3.88B | −¥95M |
| Accounts Receivable | ¥4.44B | ¥5.09B | −¥648M |
| Inventories | ¥7.63B | ¥5.66B | +¥1.97B |
| Non-current Assets | ¥17.17B | ¥16.40B | +¥766M |
| Property, Plant & Equipment | ¥9.80B | ¥9.87B | −¥69M |
| Intangible Assets | ¥96M | ¥90M | +¥6M |
| Investment Securities | ¥5.16B | ¥4.76B | +¥402M |
| Total Assets | ¥40.30B | ¥39.10B | +¥1.20B |
| Current Liabilities | ¥15.54B | ¥15.07B | +¥466M |
| Accounts Payable | ¥2.74B | ¥2.25B | +¥490M |
| Short-term Loans | ¥5.97B | ¥5.62B | +¥345M |
| Non-current Liabilities | ¥3.87B | ¥3.24B | +¥635M |
| Long-term Loans | ¥1.99B | ¥1.49B | +¥505M |
| Total Liabilities | ¥19.41B | ¥18.31B | +¥1.10B |
| Total Equity | ¥20.89B | ¥20.79B | +¥100M |
| Capital Stock | ¥4.65B | ¥4.65B | ¥0 |
| Capital Surplus | ¥4.48B | ¥4.48B | ¥0 |
| Retained Earnings | ¥9.36B | ¥9.67B | −¥311M |
| Treasury Stock | −¥1.99B | −¥1.99B | −¥4M |
| Owners' Equity | ¥20.69B | ¥20.60B | +¥92M |
| Working Capital | ¥7.60B | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Net Profit Margin | 0.2% |
| Gross Profit Margin | 27.5% |
| Current Ratio | 148.9% |
| Quick Ratio | 99.8% |
| Debt-to-Equity Ratio | 0.93x |
| Interest Coverage Ratio | 1.00x |
| Effective Tax Rate | 39.4% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +17.3% |
| Total Comprehensive Income YoY Change | +205.6% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 5.03M shares |
| Treasury Stock | 1.08M shares |
| Average Shares Outstanding | 3.95M shares |
| Book Value Per Share | ¥5,285.95 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| AgriculturalAndForestyMachinery | ¥6.10B | ¥79M |
| IndustrialMachinery | ¥1.97B | ¥357M |
| OtherMachinery | ¥598M | ¥64M |
| RentBusinessAndOthers | ¥46M | ¥43M |
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥42.00B |
| Operating Income Forecast | ¥1.50B |
| Ordinary Income Forecast | ¥1.50B |
| Net Income Attributable to Owners Forecast | ¥900M |
| Basic EPS Forecast | ¥227.61 |
| Dividend Per Share Forecast | ¥75.00 |