Financial Highlights
- Net Sales: ¥60.38B
- Operating Income: ¥6.34B
- Net Income: ¥4.55B
- EPS: ¥156.29
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥60.38B | ¥61.37B | −1.6% |
| Cost of Sales | ¥30.68B | ¥32.13B | −4.5% |
| Gross Profit | ¥29.70B | ¥29.24B | +1.6% |
| SG&A Expenses | ¥23.35B | ¥21.82B | +7.0% |
| Operating Income | ¥6.34B | ¥7.42B | −14.5% |
| Non-operating Income | ¥287M | ¥307M | −6.6% |
| Non-operating Expenses | ¥630M | ¥877M | −28.1% |
| Ordinary Income | ¥6.00B | ¥6.85B | −12.4% |
| Profit Before Tax | ¥6.02B | ¥6.87B | −12.4% |
| Income Tax Expense | ¥1.47B | ¥1.89B | −22.4% |
| Net Income | ¥4.55B | ¥4.97B | −8.6% |
| Net Income Attributable to Owners | ¥4.52B | ¥4.94B | −8.6% |
| Total Comprehensive Income | ¥6.45B | ¥5.31B | +21.6% |
| Interest Expense | ¥341M | ¥340M | +0.3% |
| Basic EPS | ¥156.29 | ¥171.47 | −8.9% |
| Diluted EPS | ¥156.15 | ¥171.02 | −8.7% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥61.04B | ¥57.60B | +¥3.44B |
| Cash and Deposits | ¥17.24B | ¥15.45B | +¥1.79B |
| Accounts Receivable | ¥11.05B | ¥13.53B | −¥2.48B |
| Inventories | ¥19.60B | ¥16.85B | +¥2.75B |
| Non-current Assets | ¥19.60B | ¥18.57B | +¥1.03B |
| Property, Plant & Equipment | ¥14.65B | ¥13.65B | +¥1.00B |
| Intangible Assets | ¥830M | ¥848M | −¥18M |
| Goodwill | ¥92M | ¥108M | −¥16M |
| Investment Securities | ¥190M | ¥144M | +¥46M |
| Total Assets | ¥80.64B | ¥76.17B | +¥4.47B |
| Current Liabilities | ¥38.05B | ¥37.29B | +¥762M |
| Accounts Payable | ¥3.94B | ¥3.85B | +¥90M |
| Short-term Loans | ¥16.15B | ¥14.77B | +¥1.38B |
| Non-current Liabilities | ¥5.39B | ¥6.51B | −¥1.12B |
| Long-term Loans | ¥2.81B | ¥3.97B | −¥1.16B |
| Total Liabilities | ¥43.44B | ¥43.80B | −¥356M |
| Total Equity | ¥37.20B | ¥32.37B | +¥4.82B |
| Capital Stock | ¥4.36B | ¥4.36B | ¥0 |
| Capital Surplus | ¥4.70B | ¥4.67B | +¥26M |
| Retained Earnings | ¥25.78B | ¥22.93B | +¥2.85B |
| Treasury Stock | −¥1.86B | −¥1.87B | +¥14M |
| Owners' Equity | ¥36.99B | ¥32.22B | +¥4.77B |
| Working Capital | ¥22.99B | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Net Profit Margin | 7.5% |
| Gross Profit Margin | 49.2% |
| Current Ratio | 160.4% |
| Quick Ratio | 108.9% |
| Debt-to-Equity Ratio | 1.17x |
| Interest Coverage Ratio | 18.62x |
| Effective Tax Rate | 24.4% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | −1.6% |
| Operating Income YoY Change | −14.5% |
| Ordinary Income YoY Change | −12.4% |
| Profit Before Tax YoY Change | −12.4% |
| Net Income YoY Change | −8.6% |
| Net Income Attributable to Owners YoY Change | −8.6% |
| Total Comprehensive Income YoY Change | +21.6% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 32.04M shares |
| Treasury Stock | 3.10M shares |
| Average Shares Outstanding | 28.93M shares |
| Book Value Per Share | ¥1,285.40 |
Dividend Information
| Item | Amount |
|---|---|
| Q2 Dividend | ¥25.00 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| Europe | ¥15.33B | ¥348M |
| JAPAN | ¥26.97B | ¥5.66B |
| NorthAmerica | ¥18.09B | ¥685M |
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥82.50B |
| Operating Income Forecast | ¥8.50B |
| Ordinary Income Forecast | ¥7.80B |
| Net Income Attributable to Owners Forecast | ¥5.50B |
| Basic EPS Forecast | ¥190.10 |
| Dividend Per Share Forecast | ¥50.00 |