Financial Highlights
- Net Sales: ¥465.33B
- Operating Income: ¥29.27B
- Net Income: ¥23.81B
- EPS: ¥52.70
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥465.33B | ¥462.08B | +0.7% |
| Cost of Sales | ¥290.36B | ¥285.94B | +1.5% |
| Gross Profit | ¥174.97B | ¥176.14B | −0.7% |
| SG&A Expenses | ¥143.09B | ¥139.42B | +2.6% |
| Operating Income | ¥29.27B | ¥20.70B | +41.5% |
| Profit Before Tax | ¥35.29B | ¥22.46B | +57.1% |
| Income Tax Expense | ¥11.47B | ¥8.99B | +27.6% |
| Net Income | ¥23.81B | ¥13.47B | +76.8% |
| Net Income Attributable to Owners | ¥23.72B | ¥13.35B | +77.7% |
| Basic EPS | ¥52.70 | ¥27.58 | +91.1% |
| Dividend Per Share | ¥26.00 | ¥37.00 | −29.7% |
| Total Dividend Paid | ¥11.61B | ¥11.95B | −2.8% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥364.94B | ¥351.93B | +¥13.01B |
| Accounts Receivable | ¥87.73B | ¥87.33B | +¥396M |
| Inventories | ¥152.27B | ¥150.49B | +¥1.78B |
| Non-current Assets | ¥252.62B | ¥239.34B | +¥13.28B |
| Property, Plant & Equipment | ¥124.25B | ¥121.87B | +¥2.39B |
| Intangible Assets | ¥5.04B | ¥5.41B | −¥367M |
| Total Assets | ¥617.57B | ¥591.28B | +¥26.29B |
| Accounts Payable | ¥62.63B | ¥64.00B | −¥1.37B |
| Non-current Liabilities | ¥39.83B | ¥34.51B | +¥5.32B |
| Total Liabilities | ¥137.84B | ¥141.16B | −¥3.33B |
| Total Equity | ¥479.73B | ¥450.11B | +¥29.62B |
| Capital Stock | ¥28.53B | ¥28.53B | ¥0 |
| Capital Surplus | ¥1.57B | ¥1.78B | −¥211M |
| Retained Earnings | ¥373.36B | ¥438.45B | −¥65.09B |
| Treasury Stock | −¥29.12B | −¥101.64B | +¥72.52B |
| Shareholders' Equity | ¥478.35B | ¥448.83B | +¥29.51B |
| Equity Ratio | 77.5% | 75.9% | +1.6% |
Cash Flow Statement
| Item | Current | Prior | Change |
|---|---|---|---|
| Operating Cash Flow | ¥45.78B | ¥55.28B | −¥9.50B |
| Investing Cash Flow | −¥7.91B | ¥8.11B | −¥16.01B |
| Financing Cash Flow | −¥37.77B | −¥63.14B | +¥25.36B |
| Cash and Cash Equivalents | ¥108.95B | ¥99.82B | +¥9.13B |
| Free Cash Flow | ¥37.87B | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| ROE | 5.1% |
| ROA (Ordinary Income) | 5.8% |
| Payout Ratio | 49.3% |
| Dividend on Equity (DOE) | 2.5% |
| Book Value Per Share | ¥1,087.41 |
| Net Profit Margin | 5.1% |
| Gross Profit Margin | 37.6% |
| Debt-to-Equity Ratio | 0.29x |
| Effective Tax Rate | 32.5% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +0.7% |
| Operating Income YoY Change | +41.5% |
| Ordinary Income YoY Change | −5.5% |
| Profit Before Tax YoY Change | +57.1% |
| Net Income YoY Change | +76.8% |
| Net Income Attributable to Owners YoY Change | +77.7% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 463.00M shares |
| Treasury Stock | 23.10M shares |
| Average Shares Outstanding | 450.12M shares |
| Book Value Per Share | ¥1,090.55 |
Dividend Information
| Item | Amount |
|---|---|
| Q2 Dividend | ¥13.00 |
| Year-End Dividend | ¥13.00 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| Music | ¥304.92B | ¥21.22B |
| OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness | ¥17.96B | −¥113M |
| ProfessionalAndConsumerAudio | ¥142.44B | ¥10.77B |
※ セグメント利益の測定基礎: business
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥490.00B |
| Operating Income Forecast | ¥38.00B |
| Net Income Attributable to Owners Forecast | ¥28.00B |
| Basic EPS Forecast | ¥63.65 |
| Dividend Per Share Forecast | ¥26.00 |