Financial Highlights
- Net Sales: ¥17.25B
- Operating Income: ¥-494M
- Net Income: ¥-287M
- EPS: ¥-62.74
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥17.25B | ¥17.19B | +0.4% |
| Cost of Sales | ¥15.32B | ¥14.94B | +2.5% |
| Gross Profit | ¥1.94B | ¥2.25B | −13.8% |
| SG&A Expenses | ¥2.43B | ¥2.43B | +0.0% |
| Operating Income | −¥494M | −¥184M | −168.5% |
| Non-operating Income | ¥298M | ¥291M | +2.4% |
| Non-operating Expenses | ¥98M | ¥97M | +1.0% |
| Ordinary Income | −¥295M | ¥9M | −3377.8% |
| Profit Before Tax | −¥334M | ¥0 | - |
| Income Tax Expense | −¥46M | ¥81M | −156.8% |
| Net Income | −¥287M | −¥80M | −258.8% |
| Net Income Attributable to Owners | −¥270M | −¥63M | −328.6% |
| Total Comprehensive Income | ¥14M | −¥821M | +101.7% |
| Interest Expense | ¥72M | ¥30M | +140.0% |
| Basic EPS | −¥62.74 | −¥14.63 | −328.8% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥13.48B | ¥13.06B | +¥420M |
| Cash and Deposits | ¥742M | ¥769M | −¥27M |
| Accounts Receivable | ¥5.06B | ¥5.05B | +¥16M |
| Inventories | ¥2.00B | ¥2.17B | −¥171M |
| Non-current Assets | ¥13.01B | ¥12.05B | +¥954M |
| Property, Plant & Equipment | ¥5.17B | ¥4.83B | +¥341M |
| Intangible Assets | ¥836M | ¥809M | +¥27M |
| Investment Securities | ¥4.70B | ¥4.12B | +¥584M |
| Total Assets | ¥26.50B | ¥25.12B | +¥1.38B |
| Current Liabilities | ¥10.67B | ¥9.59B | +¥1.08B |
| Accounts Payable | ¥1.40B | ¥1.67B | −¥275M |
| Short-term Loans | ¥5.46B | ¥4.37B | +¥1.09B |
| Non-current Liabilities | ¥3.17B | ¥2.75B | +¥418M |
| Long-term Loans | ¥820M | ¥400M | +¥420M |
| Total Liabilities | ¥13.84B | ¥12.34B | +¥1.50B |
| Total Equity | ¥12.65B | ¥12.78B | −¥124M |
| Capital Stock | ¥1.08B | ¥1.08B | ¥0 |
| Capital Surplus | ¥117M | ¥117M | ¥0 |
| Retained Earnings | ¥6.21B | ¥6.62B | −¥409M |
| Treasury Stock | −¥9M | −¥9M | ¥0 |
| Owners' Equity | ¥12.47B | ¥12.58B | −¥106M |
| Working Capital | ¥2.82B | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Net Profit Margin | −1.6% |
| Gross Profit Margin | 11.2% |
| Current Ratio | 126.4% |
| Quick Ratio | 107.7% |
| Debt-to-Equity Ratio | 1.09x |
| Interest Coverage Ratio | −6.86x |
| Effective Tax Rate | 13.8% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +0.4% |
| Ordinary Income YoY Change | −3377.8% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 4.32M shares |
| Treasury Stock | 7K shares |
| Average Shares Outstanding | 4.31M shares |
| Book Value Per Share | ¥2,932.68 |
Dividend Information
| Item | Amount |
|---|---|
| Q2 Dividend | ¥16.00 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| AutomotiveElectricalEquipments | ¥10.21B | ¥524M |
| Generators | ¥3.83B | −¥46M |
| OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness | ¥113M | −¥4M |
| Refrigerators | ¥3.10B | ¥245M |
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥25.00B |
| Operating Income Forecast | ¥350M |
| Ordinary Income Forecast | ¥480M |
| Net Income Attributable to Owners Forecast | ¥270M |
| Basic EPS Forecast | ¥62.57 |
| Dividend Per Share Forecast | ¥16.00 |