Financial Highlights
- Net Sales: ¥53.31B
- Operating Income: ¥2M
- Net Income: ¥457M
- EPS: ¥53.16
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥53.31B | ¥54.45B | −2.1% |
| Cost of Sales | ¥39.52B | ¥40.89B | −3.3% |
| Gross Profit | ¥13.79B | ¥13.57B | +1.6% |
| SG&A Expenses | ¥13.79B | ¥13.73B | +0.4% |
| Operating Income | ¥2M | −¥159M | +101.3% |
| Non-operating Income | ¥1.07B | ¥541M | +98.0% |
| Non-operating Expenses | ¥271M | ¥276M | −1.8% |
| Ordinary Income | ¥802M | ¥106M | +656.6% |
| Profit Before Tax | ¥804M | ¥87M | +824.1% |
| Income Tax Expense | ¥347M | ¥253M | +37.2% |
| Net Income | ¥457M | −¥166M | +375.3% |
| Net Income Attributable to Owners | ¥457M | −¥169M | +370.4% |
| Total Comprehensive Income | ¥1.02B | ¥39M | +2523.1% |
| Interest Expense | ¥107M | ¥57M | +87.7% |
| Basic EPS | ¥53.16 | −¥19.69 | +370.0% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥48.87B | ¥48.52B | +¥352M |
| Cash and Deposits | ¥12.13B | ¥13.30B | −¥1.17B |
| Accounts Receivable | ¥10.72B | ¥10.61B | +¥119M |
| Inventories | ¥13.17B | ¥11.32B | +¥1.84B |
| Non-current Assets | ¥27.51B | ¥25.47B | +¥2.04B |
| Property, Plant & Equipment | ¥15.42B | ¥15.01B | +¥415M |
| Intangible Assets | ¥610M | ¥492M | +¥118M |
| Investment Securities | ¥8.94B | ¥7.23B | +¥1.70B |
| Total Assets | ¥76.38B | ¥73.99B | +¥2.39B |
| Current Liabilities | ¥18.65B | ¥17.48B | +¥1.18B |
| Accounts Payable | ¥5.39B | ¥4.88B | +¥518M |
| Short-term Loans | ¥6.30B | ¥5.56B | +¥743M |
| Non-current Liabilities | ¥12.98B | ¥11.97B | +¥1.01B |
| Long-term Loans | ¥3.98B | ¥2.88B | +¥1.10B |
| Total Liabilities | ¥31.63B | ¥29.45B | +¥2.18B |
| Total Equity | ¥44.75B | ¥44.54B | +¥211M |
| Capital Stock | ¥7.12B | ¥7.12B | ¥0 |
| Capital Surplus | ¥1.29B | ¥1.29B | ¥0 |
| Retained Earnings | ¥29.19B | ¥29.56B | −¥363M |
| Treasury Stock | −¥967M | −¥976M | +¥9M |
| Owners' Equity | ¥44.75B | ¥44.54B | +¥211M |
| Working Capital | ¥30.22B | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Net Profit Margin | 0.9% |
| Gross Profit Margin | 25.9% |
| Current Ratio | 262.0% |
| Quick Ratio | 191.4% |
| Debt-to-Equity Ratio | 0.71x |
| Interest Coverage Ratio | 0.02x |
| Effective Tax Rate | 43.2% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | −2.1% |
| Ordinary Income YoY Change | +656.1% |
| Profit Before Tax YoY Change | +824.1% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 9.01M shares |
| Treasury Stock | 409K shares |
| Average Shares Outstanding | 8.60M shares |
| Book Value Per Share | ¥5,202.26 |
Dividend Information
| Item | Amount |
|---|---|
| Q2 Dividend | ¥0.00 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| MaterialProcessing | ¥8.10B | ¥609M |
| MusicalInstrumentsAndEducation | ¥41.77B | −¥662M |
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥73.00B |
| Operating Income Forecast | ¥500M |
| Ordinary Income Forecast | ¥1.20B |
| Net Income Attributable to Owners Forecast | ¥820M |
| Basic EPS Forecast | ¥95.35 |
| Dividend Per Share Forecast | ¥95.00 |