Financial Highlights
- Net Sales: ¥130.60B
- Operating Income: ¥14.26B
- Net Income: ¥13.33B
- EPS: ¥46.14
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥130.60B | ¥118.37B | +10.3% |
| Cost of Sales | ¥70.33B | ¥65.12B | +8.0% |
| Gross Profit | ¥60.26B | ¥53.25B | +13.2% |
| SG&A Expenses | ¥46.00B | ¥41.07B | +12.0% |
| Operating Income | ¥14.26B | ¥12.18B | +17.1% |
| Non-operating Income | ¥4.53B | ¥813M | +457.7% |
| Non-operating Expenses | ¥312M | ¥1.67B | −81.4% |
| Ordinary Income | ¥18.49B | ¥11.32B | +63.3% |
| Profit Before Tax | ¥18.49B | ¥11.29B | +63.7% |
| Income Tax Expense | ¥5.16B | ¥3.37B | +53.0% |
| Net Income | ¥13.33B | ¥7.92B | +68.3% |
| Net Income Attributable to Owners | ¥13.33B | ¥7.92B | +68.3% |
| Total Comprehensive Income | ¥21.14B | ¥7.27B | +190.9% |
| Interest Expense | ¥59M | ¥65M | −9.2% |
| Basic EPS | ¥46.14 | ¥27.42 | +68.3% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥477.76B | ¥497.73B | −¥19.97B |
| Cash and Deposits | ¥153.63B | ¥167.32B | −¥13.68B |
| Accounts Receivable | ¥137.41B | ¥156.33B | −¥18.92B |
| Inventories | ¥90.67B | ¥86.45B | +¥4.22B |
| Non-current Assets | ¥252.71B | ¥240.25B | +¥12.46B |
| Property, Plant & Equipment | ¥124.34B | ¥122.81B | +¥1.53B |
| Intangible Assets | ¥24.06B | ¥23.89B | +¥170M |
| Goodwill | ¥7.23B | ¥7.39B | −¥158M |
| Investment Securities | ¥33.45B | ¥20.36B | +¥13.09B |
| Total Assets | ¥730.47B | ¥737.98B | −¥7.51B |
| Current Liabilities | ¥131.84B | ¥150.25B | −¥18.41B |
| Accounts Payable | ¥36.66B | ¥41.53B | −¥4.87B |
| Non-current Liabilities | ¥23.47B | ¥22.56B | +¥907M |
| Total Liabilities | ¥155.31B | ¥172.81B | −¥17.50B |
| Total Equity | ¥575.16B | ¥565.17B | +¥10.00B |
| Capital Stock | ¥26.65B | ¥26.65B | ¥0 |
| Capital Surplus | ¥34.91B | ¥34.91B | ¥0 |
| Retained Earnings | ¥454.77B | ¥452.62B | +¥2.15B |
| Treasury Stock | −¥26.03B | −¥26.07B | +¥40M |
| Owners' Equity | ¥575.15B | ¥565.16B | +¥10.00B |
| Working Capital | ¥345.93B | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Net Profit Margin | 10.2% |
| Gross Profit Margin | 46.1% |
| Current Ratio | 362.4% |
| Quick Ratio | 293.6% |
| Debt-to-Equity Ratio | 0.27x |
| Interest Coverage Ratio | 241.76x |
| Effective Tax Rate | 27.9% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +10.3% |
| Operating Income YoY Change | +17.1% |
| Ordinary Income YoY Change | +63.3% |
| Profit Before Tax YoY Change | +63.7% |
| Net Income YoY Change | +68.3% |
| Net Income Attributable to Owners YoY Change | +68.3% |
| Total Comprehensive Income YoY Change | +190.8% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 296.07M shares |
| Treasury Stock | 7.13M shares |
| Average Shares Outstanding | 288.94M shares |
| Book Value Per Share | ¥1,990.59 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| AircraftEquipment | ¥11.03B | ¥2.75B |
| AnalyticalAndMeasuringInstruments | ¥80.30B | ¥7.67B |
| IndustrialMachinery | ¥20.73B | ¥3.82B |
| MedicalSystems | ¥16.91B | ¥1.11B |
| OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness | ¥1.62B | ¥149M |
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥620.00B |
| Operating Income Forecast | ¥80.00B |
| Ordinary Income Forecast | ¥81.00B |
| Net Income Attributable to Owners Forecast | ¥59.00B |
| Basic EPS Forecast | ¥204.19 |
| Dividend Per Share Forecast | ¥70.00 |