| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥35.13B | ¥31.86B | +10.3% |
| Cost of Sales | ¥24.11B | ¥21.93B | +10.0% |
| Gross Profit | ¥11.02B | ¥9.93B | +10.9% |
| SG&A Expenses | ¥8.85B | ¥8.84B | +0.1% |
| Operating Income | ¥2.17B | ¥1.09B | +98.5% |
| Non-operating Income | ¥62M | ¥56M | +10.7% |
| Non-operating Expenses | ¥15M | ¥15M | +0.0% |
| Equity Method Investment Income | ¥17M | ¥35M | -51.4% |
| Ordinary Income | ¥2.22B | ¥1.13B | +95.6% |
| Profit Before Tax | ¥1.87B | ¥1.01B | +84.5% |
| Income Tax Expense | ¥781M | ¥513M | +52.2% |
| Net Income | ¥1.09B | ¥915M | +19.3% |
| Net Income Attributable to Owners | ¥1.09B | ¥500M | +117.4% |
| Total Comprehensive Income | ¥1.08B | ¥499M | +117.2% |
| Depreciation & Amortization | ¥625M | ¥753M | -17.0% |
| Interest Expense | ¥13M | ¥8M | +62.5% |
| Basic EPS | ¥61.73 | ¥28.69 | +115.2% |
| Diluted EPS | ¥61.65 | ¥28.37 | +117.3% |
| Dividend Per Share | ¥38.00 | ¥19.00 | +100.0% |
| Total Dividend Paid | ¥659M | ¥659M | +0.0% |
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥11.28B | ¥9.81B | +¥1.47B |
| Cash and Deposits | ¥6.46B | ¥5.36B | +¥1.10B |
| Accounts Receivable | ¥343M | ¥374M | ¥-31M |
| Inventories | ¥357M | ¥326M | +¥31M |
| Non-current Assets | ¥11.21B | ¥10.64B | +¥567M |
| Item | Current | Prior | Change |
|---|---|---|---|
| Operating Cash Flow | ¥3.58B | ¥1.88B | +¥1.70B |
| Investing Cash Flow | ¥-1.61B | ¥-1.53B | ¥-75M |
| Financing Cash Flow | ¥-1.01B | ¥-991M | ¥-20M |
| Free Cash Flow | ¥1.97B | - | - |
| Item | Value |
|---|---|
| Operating Margin | 6.2% |
| ROA (Ordinary Income) | 10.3% |
| Payout Ratio | 1.3% |
| Dividend on Equity (DOE) | 6.9% |
| Book Value Per Share | ¥563.45 |
| Net Profit Margin | 3.1% |
| Gross Profit Margin | 31.4% |
| Current Ratio | 101.1% |
| Quick Ratio | 97.9% |
| Debt-to-Equity Ratio |
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +10.3% |
| Operating Income YoY Change | +98.5% |
| Ordinary Income YoY Change | +95.6% |
| Net Income YoY Change | +19.3% |
| Net Income Attributable to Owners YoY Change | +117.4% |
| Total Comprehensive Income YoY Change | +117.4% |
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 17.98M shares |
| Treasury Stock | 336K shares |
| Average Shares Outstanding | 17.61M shares |
| Book Value Per Share | ¥565.73 |
| EBITDA | ¥2.79B |
| Item | Amount |
|---|---|
| Q2 Dividend | ¥19.00 |
| Year-End Dividend | ¥19.00 |
| Segment | Revenue | Operating Income |
|---|---|---|
| Kawai | ¥3.35B | ¥398M |
| Morijyku | ¥18.56B | ¥4.78B |
| Shonsn | ¥9.29B | ¥740M |
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥38.00B |
| Operating Income Forecast | ¥2.40B |
| Ordinary Income Forecast | ¥2.50B |
| Net Income Attributable to Owners Forecast | ¥1.40B |
| Basic EPS Forecast | ¥77.87 |
| Dividend Per Share Forecast | ¥19.00 |
| Property, Plant & Equipment | ¥4.25B | ¥4.24B | +¥9M |
| Intangible Assets | ¥3.01B | ¥3.10B | ¥-89M |
| Goodwill | ¥2.04B | ¥2.18B | ¥-145M |
| Investment Securities | ¥594M | ¥276M | +¥318M |
| Total Assets | ¥22.48B | ¥20.45B | +¥2.04B |
| Current Liabilities | ¥11.15B | ¥9.22B | +¥1.93B |
| Accounts Payable | ¥153M | ¥150M | +¥3M |
| Short-term Loans | ¥730M | ¥717M | +¥13M |
| Non-current Liabilities | ¥1.35B | ¥1.66B | ¥-309M |
| Long-term Loans | ¥51M | ¥429M | ¥-378M |
| Total Liabilities | ¥12.50B | ¥10.89B | +¥1.62B |
| Total Equity | ¥9.98B | ¥9.56B | +¥419M |
| Capital Stock | ¥1.45B | ¥1.44B | +¥10M |
| Capital Surplus | ¥1.44B | ¥1.43B | +¥10M |
| Retained Earnings | ¥7.42B | ¥7.01B | +¥406M |
| Treasury Stock | ¥-376M | ¥-377M | +¥1M |
| Owners' Equity | ¥9.94B | ¥9.52B | +¥423M |
| Working Capital | ¥128M | - | - |
| 1.25x |
| Interest Coverage Ratio | 166.92x |
| EBITDA Margin | 8.0% |
| Effective Tax Rate | 41.8% |