| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥13.99B | ¥14.39B | -2.8% |
| Cost of Sales | ¥11.65B | ¥12.31B | -5.4% |
| Gross Profit | ¥2.34B | ¥2.09B | +12.2% |
| SG&A Expenses | ¥1.52B | ¥1.42B | +6.8% |
| Operating Income | ¥823M | ¥664M | +23.9% |
| Non-operating Income | ¥24M | ¥32M | -25.1% |
| Non-operating Expenses | ¥82M | ¥81M | +0.2% |
| Ordinary Income | ¥765M | ¥615M | +24.4% |
| Profit Before Tax | ¥707M | ¥615M | +14.9% |
| Income Tax Expense | ¥249M | ¥195M | +27.3% |
| Net Income | ¥458M | ¥420M | +9.1% |
| Net Income Attributable to Owners | ¥458M | ¥410M | +11.7% |
| Total Comprehensive Income | ¥474M | ¥420M | +12.9% |
| Depreciation & Amortization | ¥48M | ¥48M | +0.4% |
| Interest Expense | ¥77M | ¥79M | -3.2% |
| Earnings per Unit (EPU) | ¥163.55 | ¥143.33 | +14.1% |
| Distribution per Unit (DPU) | ¥30.00 | ¥30.00 | +0.0% |
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥26.06B | ¥26.23B | ¥-169M |
| Cash and Deposits | ¥2.64B | ¥3.11B | ¥-469M |
| Accounts Receivable | ¥3.11B | ¥1.90B | +¥1.21B |
| Non-current Assets | ¥3.00B | ¥3.09B | ¥-95M |
| Property, Plant & Equipment | ¥2.26B | ¥2.40B | ¥-150M |
| Item | Current | Prior | Change |
|---|---|---|---|
| Operating Cash Flow | ¥-591M | ¥1.18B | ¥-1.77B |
| Investing Cash Flow | ¥6M | ¥-45M | +¥52M |
| Financing Cash Flow | ¥122M | ¥-1.38B | +¥1.51B |
| Free Cash Flow | ¥-585M | - | - |
| Item | Value |
|---|---|
| Net Profit Margin | 3.3% |
| Gross Profit Margin | 16.7% |
| Current Ratio | 190.4% |
| Quick Ratio | 190.4% |
| Debt-to-Equity Ratio | 1.56x |
| Interest Coverage Ratio | 10.73x |
| EBITDA Margin | 6.2% |
| Effective Tax Rate | 35.2% |
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | -2.8% |
| Operating Income YoY Change | +23.8% |
| Ordinary Income YoY Change | +24.4% |
| Net Income Attributable to Owners YoY Change | +11.6% |
| Total Comprehensive Income YoY Change | +12.7% |
| Item | Value |
|---|---|
| Units Outstanding (incl. Treasury) | 2.91M shares |
| Treasury Units | 105K shares |
| Average Units Outstanding | 2.80M shares |
| NAV per Unit | ¥4,059.76 |
| EBITDA | ¥871M |
| Item | Amount |
|---|---|
| Q2 Distribution | ¥30.00 |
| Year-End Distribution | ¥30.00 |
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥32.00B |
| Operating Income Forecast | ¥1.65B |
| Ordinary Income Forecast | ¥1.50B |
| Net Income Attributable to Owners Forecast | ¥1.00B |
| Earnings per Unit Forecast (EPU) | ¥353.04 |
| Distribution per Unit Forecast (DPU) | ¥35.00 |
| Intangible Assets | ¥197M | ¥210M | ¥-12M |
| Goodwill | ¥167M | ¥176M | ¥-9M |
| Total Assets | ¥29.06B | ¥29.32B | ¥-264M |
| Current Liabilities | ¥13.69B | ¥14.61B | ¥-922M |
| Accounts Payable | ¥2.00B | ¥2.76B | ¥-766M |
| Short-term Loans | ¥6.56B | ¥5.90B | +¥654M |
| Non-current Liabilities | ¥4.00B | ¥3.74B | +¥268M |
| Long-term Loans | ¥3.66B | ¥3.31B | +¥350M |
| Total Liabilities | ¥17.69B | ¥18.34B | ¥-654M |
| Total Equity | ¥11.37B | ¥10.98B | +¥390M |
| Capital Stock | ¥1.17B | ¥1.17B | ¥0 |
| Capital Surplus | ¥171M | ¥171M | ¥0 |
| Retained Earnings | ¥10.15B | ¥9.77B | +¥374M |
| Treasury Stock | ¥-161M | ¥-161M | ¥-66,000 |
| Owners' Equity | ¥11.37B | ¥10.98B | +¥390M |
| Working Capital | ¥12.38B | - | - |