Financial Highlights
- Net Sales: ¥20.68B
- Operating Income: ¥399M
- Net Income: ¥44M
- EPS: ¥1.26
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥20.68B | ¥22.96B | −9.9% |
| Cost of Sales | ¥14.66B | ¥17.20B | −14.8% |
| Gross Profit | ¥6.02B | ¥5.75B | +4.6% |
| SG&A Expenses | ¥5.62B | ¥6.09B | −7.7% |
| Operating Income | ¥399M | −¥332M | +220.2% |
| Non-operating Income | ¥105M | ¥233M | −54.9% |
| Non-operating Expenses | ¥847M | ¥936M | −9.5% |
| Ordinary Income | −¥342M | −¥1.03B | +67.0% |
| Profit Before Tax | ¥60M | ¥196M | −69.4% |
| Income Tax Expense | ¥16M | ¥137M | −88.3% |
| Net Income | ¥44M | ¥59M | −25.4% |
| Net Income Attributable to Owners | ¥37M | ¥49M | −24.5% |
| Total Comprehensive Income | ¥345M | −¥1.56B | +122.1% |
| Interest Expense | ¥493M | ¥421M | +17.1% |
| Basic EPS | ¥1.26 | ¥1.65 | −23.6% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥89.45B | ¥89.65B | −¥199M |
| Cash and Deposits | ¥15.06B | ¥13.14B | +¥1.93B |
| Accounts Receivable | ¥21.29B | ¥23.89B | −¥2.59B |
| Inventories | ¥51.00B | ¥50.52B | +¥483M |
| Non-current Assets | ¥29.77B | ¥30.95B | −¥1.17B |
| Property, Plant & Equipment | ¥20.49B | ¥20.84B | −¥353M |
| Intangible Assets | ¥3.61B | ¥3.72B | −¥108M |
| Total Assets | ¥119.22B | ¥120.59B | −¥1.37B |
| Current Liabilities | ¥67.30B | ¥67.25B | +¥52M |
| Accounts Payable | ¥6.65B | ¥6.21B | +¥444M |
| Short-term Loans | ¥52.26B | ¥51.70B | +¥562M |
| Non-current Liabilities | ¥19.39B | ¥20.66B | −¥1.27B |
| Long-term Loans | ¥12.96B | ¥13.87B | −¥914M |
| Total Liabilities | ¥86.69B | ¥87.91B | −¥1.22B |
| Total Equity | ¥32.53B | ¥32.69B | −¥154M |
| Capital Stock | ¥18.04B | ¥18.04B | ¥0 |
| Capital Surplus | ¥1.80B | ¥1.80B | ¥0 |
| Retained Earnings | ¥5.20B | ¥5.46B | −¥260M |
| Treasury Stock | −¥239M | −¥39M | −¥200M |
| Owners' Equity | ¥32.17B | ¥32.33B | −¥152M |
| Working Capital | ¥22.15B | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Net Profit Margin | 0.2% |
| Gross Profit Margin | 29.1% |
| Current Ratio | 132.9% |
| Quick Ratio | 57.1% |
| Debt-to-Equity Ratio | 2.66x |
| Interest Coverage Ratio | 0.81x |
| Effective Tax Rate | 26.7% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | −9.9% |
| Profit Before Tax YoY Change | −69.4% |
| Net Income YoY Change | −25.4% |
| Net Income Attributable to Owners YoY Change | −23.5% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 29.87M shares |
| Treasury Stock | 334K shares |
| Average Shares Outstanding | 29.75M shares |
| Book Value Per Share | ¥1,101.33 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| ApparelManufacturingMachines | ¥15.29B | ¥488M |
| IndustrialEquipment | ¥5.32B | −¥92M |
| OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness | ¥69M | ¥3M |
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥90.00B |
| Operating Income Forecast | ¥4.50B |
| Ordinary Income Forecast | ¥2.00B |
| Net Income Attributable to Owners Forecast | ¥1.50B |
| Basic EPS Forecast | ¥50.43 |
| Dividend Per Share Forecast | ¥15.00 |