Financial Highlights
- Net Sales: ¥5.49B
- Operating Income: ¥95M
- Net Income: ¥89M
- EPS: ¥92.96
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥5.49B | ¥5.47B | +0.3% |
| Cost of Sales | ¥3.58B | ¥3.59B | −0.2% |
| Gross Profit | ¥1.91B | ¥1.89B | +1.3% |
| SG&A Expenses | ¥1.81B | ¥1.88B | −3.4% |
| Operating Income | ¥95M | ¥8M | +1087.5% |
| Non-operating Income | ¥27M | ¥46M | −40.5% |
| Non-operating Expenses | ¥23M | ¥18M | +27.7% |
| Ordinary Income | ¥99M | ¥36M | +175.0% |
| Profit Before Tax | ¥97M | ¥14M | +599.2% |
| Income Tax Expense | ¥8M | ¥4M | +126.7% |
| Net Income | ¥89M | ¥10M | +759.1% |
| Net Income Attributable to Owners | ¥89M | ¥10M | +790.0% |
| Total Comprehensive Income | ¥90M | −¥21M | +528.6% |
| Interest Expense | ¥20M | ¥17M | +19.6% |
| Basic EPS | ¥92.96 | ¥10.82 | +759.1% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥4.96B | ¥4.53B | +¥429M |
| Cash and Deposits | ¥473M | ¥521M | −¥48M |
| Accounts Receivable | ¥2.34B | ¥1.99B | +¥351M |
| Inventories | ¥368M | ¥408M | −¥40M |
| Non-current Assets | ¥1.52B | ¥1.49B | +¥30M |
| Property, Plant & Equipment | ¥970M | ¥1.03B | −¥64M |
| Intangible Assets | ¥230M | ¥177M | +¥53M |
| Total Assets | ¥6.48B | ¥6.02B | +¥458M |
| Current Liabilities | ¥3.18B | ¥2.64B | +¥542M |
| Accounts Payable | ¥391M | ¥313M | +¥78M |
| Short-term Loans | ¥1.93B | ¥1.73B | +¥202M |
| Non-current Liabilities | ¥880M | ¥1.05B | −¥173M |
| Long-term Loans | ¥67M | ¥200M | −¥132M |
| Total Liabilities | ¥4.06B | ¥3.69B | +¥368M |
| Total Equity | ¥2.42B | ¥2.33B | +¥91M |
| Capital Stock | ¥601M | ¥601M | ¥0 |
| Capital Surplus | ¥151M | ¥151M | ¥0 |
| Retained Earnings | ¥1.61B | ¥1.52B | +¥89M |
| Treasury Stock | −¥9M | −¥9M | ¥0 |
| Owners' Equity | ¥2.42B | ¥2.33B | +¥91M |
| Working Capital | ¥1.78B | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Net Profit Margin | 1.6% |
| Gross Profit Margin | 34.8% |
| Current Ratio | 156.1% |
| Quick Ratio | 144.5% |
| Debt-to-Equity Ratio | 1.68x |
| Interest Coverage Ratio | 4.71x |
| Effective Tax Rate | 8.2% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +0.3% |
| Operating Income YoY Change | +1087.5% |
| Ordinary Income YoY Change | +176.8% |
| Profit Before Tax YoY Change | +599.2% |
| Net Income YoY Change | +759.1% |
| Net Income Attributable to Owners YoY Change | +759.1% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 963K shares |
| Treasury Stock | 5K shares |
| Average Shares Outstanding | 957K shares |
| Book Value Per Share | ¥2,530.56 |
Dividend Information
| Item | Amount |
|---|---|
| Q2 Dividend | ¥0.00 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness | ¥958,000 | ¥314,000 |
| SanitaryEquipment | ¥336M | ¥87M |
| ThermalComponent | ¥5.15B | ¥817M |
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥7.30B |
| Operating Income Forecast | ¥50M |
| Ordinary Income Forecast | ¥50M |
| Net Income Attributable to Owners Forecast | ¥40M |
| Basic EPS Forecast | ¥41.78 |
| Dividend Per Share Forecast | ¥12.00 |