Financial Highlights
- Net Sales: ¥1.46T
- Operating Income: ¥148.31B
- Net Income: ¥118.26B
- EPS: ¥227.82
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥1.46T | ¥1.37T | +6.5% |
| Cost of Sales | ¥1.13T | ¥1.09T | +3.8% |
| Gross Profit | ¥328.25B | ¥280.23B | +17.1% |
| SG&A Expenses | ¥179.95B | ¥163.17B | +10.3% |
| Operating Income | ¥148.31B | ¥117.06B | +26.7% |
| Non-operating Income | ¥28.00B | ¥25.50B | +9.8% |
| Non-operating Expenses | ¥12.88B | ¥10.28B | +25.3% |
| Equity Method Investment Income | ¥23.62B | ¥18.65B | +26.6% |
| Ordinary Income | ¥163.42B | ¥132.27B | +23.5% |
| Profit Before Tax | ¥155.90B | ¥145.41B | +7.2% |
| Income Tax Expense | ¥37.64B | ¥50.64B | −25.7% |
| Net Income | ¥118.26B | ¥94.77B | +24.8% |
| Net Income Attributable to Owners | ¥111.30B | ¥85.28B | +30.5% |
| Total Comprehensive Income | ¥126.50B | ¥197.46B | −35.9% |
| Interest Expense | ¥11.18B | ¥9.68B | +15.5% |
| Basic EPS | ¥227.82 | ¥174.51 | +30.5% |
| Diluted EPS | ¥227.06 | ¥173.77 | +30.7% |
| Dividend Per Share | ¥80.00 | ¥29.00 | +175.9% |
| Total Dividend Paid | ¥39.24B | ¥30.36B | +29.2% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥3.22T | ¥3.08T | +¥141.90B |
| Cash and Deposits | ¥221.48B | ¥177.36B | +¥44.11B |
| Inventories | ¥41.67B | ¥33.98B | +¥7.69B |
| Non-current Assets | ¥4.00T | ¥3.78T | +¥210.58B |
| Property, Plant & Equipment | ¥3.14T | ¥3.10T | +¥44.40B |
| Intangible Assets | ¥92.98B | ¥124.95B | −¥31.97B |
| Goodwill | ¥56.24B | ¥71.91B | −¥15.67B |
| Investment Securities | ¥615.70B | ¥451.37B | +¥164.33B |
| Total Assets | ¥7.21T | ¥6.86T | +¥351.95B |
| Current Liabilities | ¥2.39T | ¥1.88T | +¥512.05B |
| Accounts Payable | ¥223.96B | ¥226.58B | −¥2.62B |
| Short-term Loans | ¥404.96B | ¥358.79B | +¥46.18B |
| Non-current Liabilities | ¥3.57T | ¥3.80T | −¥235.81B |
| Long-term Loans | ¥2.21T | ¥2.37T | −¥152.96B |
| Total Liabilities | ¥5.96T | ¥5.69T | +¥276.25B |
| Total Equity | ¥1.25T | ¥1.18T | +¥75.70B |
| Capital Stock | ¥81.13B | ¥81.13B | ¥0 |
| Capital Surplus | ¥56.55B | ¥56.25B | +¥300M |
| Retained Earnings | ¥665.09B | ¥582.76B | +¥82.33B |
| Treasury Stock | −¥3.89B | −¥4.62B | +¥732M |
| Owners' Equity | ¥1.12T | ¥1.03T | +¥90.89B |
| Working Capital | ¥824.84B | - | - |
Cash Flow Statement
| Item | Current | Prior | Change |
|---|---|---|---|
| Operating Cash Flow | −¥76.93B | ¥51.37B | −¥128.31B |
| Investing Cash Flow | −¥61.92B | −¥31.47B | −¥30.45B |
| Financing Cash Flow | ¥187.96B | −¥43.38B | +¥231.34B |
| Free Cash Flow | −¥138.85B | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Operating Margin | 10.2% |
| ROA (Ordinary Income) | 2.3% |
| Payout Ratio | 35.1% |
| Dividend on Equity (DOE) | 3.6% |
| Book Value Per Share | ¥2,292.54 |
| Net Profit Margin | 7.6% |
| Gross Profit Margin | 22.5% |
| Current Ratio | 134.5% |
| Quick Ratio | 132.7% |
| Debt-to-Equity Ratio | 4.76x |
| Interest Coverage Ratio | 13.26x |
| Effective Tax Rate | 24.1% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +6.5% |
| Operating Income YoY Change | +26.7% |
| Ordinary Income YoY Change | +23.5% |
| Profit Before Tax YoY Change | +7.2% |
| Net Income YoY Change | +24.8% |
| Net Income Attributable to Owners YoY Change | +30.5% |
| Total Comprehensive Income YoY Change | −35.9% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 492.11M shares |
| Treasury Stock | 3.35M shares |
| Average Shares Outstanding | 488.54M shares |
| Book Value Per Share | ¥2,562.79 |
Dividend Information
| Item | Amount |
|---|---|
| Q2 Dividend | ¥36.00 |
| Year-End Dividend | ¥44.00 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| Automobility | ¥314.95B | ¥12.13B |
| EnvironmentalInfrastructure | ¥66.08B | −¥44.45B |
| EquipmentLeasing | ¥462.07B | ¥22.81B |
| International | ¥270.90B | ¥23.54B |
| OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness | ¥691M | ¥2.14B |
| SpecialtyFinancing | ¥342.98B | ¥112.18B |
※ セグメント利益の測定基礎: 親会社帰属利益
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Income Attributable to Owners Forecast | ¥123.00B |
| Basic EPS Forecast | ¥251.66 |
| Dividend Per Share Forecast | ¥90.00 |