Financial Highlights
- Net Sales: ¥11.44B
- Operating Income: ¥82M
- Net Income: ¥96M
- EPS: ¥3.35
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥11.44B | ¥11.04B | +3.6% |
| Cost of Sales | ¥6.59B | ¥6.31B | +4.4% |
| Gross Profit | ¥4.84B | ¥4.73B | +2.5% |
| SG&A Expenses | ¥4.72B | ¥4.82B | −2.2% |
| Operating Income | ¥82M | −¥85M | +196.5% |
| Profit Before Tax | ¥68M | −¥342M | +119.9% |
| Income Tax Expense | −¥29M | −¥11M | −163.6% |
| Net Income | ¥96M | −¥331M | +129.0% |
| Net Income Attributable to Owners | ¥96M | −¥331M | +129.0% |
| Total Comprehensive Income | ¥285M | −¥153M | +286.3% |
| Basic EPS | ¥3.35 | −¥11.50 | +129.1% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥9.05B | ¥8.57B | +¥485M |
| Accounts Receivable | ¥2.83B | ¥3.11B | −¥283M |
| Inventories | ¥4.24B | ¥3.66B | +¥582M |
| Non-current Assets | ¥2.24B | ¥2.25B | −¥4M |
| Property, Plant & Equipment | ¥1.81B | ¥1.85B | −¥46M |
| Intangible Assets | ¥110M | ¥115M | −¥5M |
| Total Assets | ¥11.29B | ¥10.81B | +¥480M |
| Accounts Payable | ¥1.33B | ¥1.02B | +¥307M |
| Non-current Liabilities | ¥1.22B | ¥1.70B | −¥478M |
| Total Liabilities | ¥7.48B | ¥7.26B | +¥224M |
| Total Equity | ¥3.81B | ¥3.56B | +¥256M |
| Capital Stock | ¥3.50B | ¥3.50B | ¥0 |
| Capital Surplus | ¥11M | ¥11M | ¥0 |
| Retained Earnings | ¥2.28B | ¥2.21B | +¥68M |
| Treasury Stock | −¥122M | −¥122M | ¥0 |
| Shareholders' Equity | ¥3.81B | ¥3.56B | +¥256M |
| Equity Ratio | 33.8% | 32.9% | +0.9% |
Cash Flow Statement
| Item | Current | Prior | Change |
|---|---|---|---|
| Operating Cash Flow | ¥329M | −¥121M | +¥450M |
| Investing Cash Flow | −¥125M | −¥106M | −¥19M |
| Financing Cash Flow | −¥94M | ¥274M | −¥368M |
| Cash and Cash Equivalents | ¥1.70B | ¥1.55B | +¥149M |
| Free Cash Flow | ¥204M | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Book Value Per Share | ¥132.42 |
| Net Profit Margin | 0.8% |
| Gross Profit Margin | 42.4% |
| Debt-to-Equity Ratio | 1.96x |
| Effective Tax Rate | −42.6% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +3.6% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 28.93M shares |
| Treasury Stock | 130K shares |
| Average Shares Outstanding | 28.80M shares |
| Book Value Per Share | ¥132.42 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| AudioEquipment | ¥8.15B | ¥1.05B |
| InformationEquipment | ¥2.80B | −¥77M |
| OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness | ¥490M | −¥26M |
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥15.70B |
| Operating Income Forecast | ¥500M |
| Net Income Attributable to Owners Forecast | ¥400M |
| Basic EPS Forecast | ¥13.89 |
| Dividend Per Share Forecast | ¥1.00 |