Financial Highlights

Consolidated financial results (JGAAP) FY2019
(Actual)
FY2020
(Actual)
FY2021
(Actual)
FY2022
(Actual)
FY2023
(Forecast)
Net salesMillions
of
JPY
35,418 33,055 44,857 48,671 52,272
Operating profitMillions
of
JPY
9,299 8,542 13,750 15,389 15,070
Operating profit ratio to net sales


26.3 25.8 30.7 31.6 28.8
Profit attributable to owners of parentMillions
of
JPY
7,102 6,455 12,471 12,573 10,976
Earnings per share
JPY

81.97 74.49 116.73 145.48 128.91

Net sales

Operating profit・Operating profit ratio to net sales

Profit attributable to owners of parent

EPS

Key Financial Data

Consolidated financial results (JGAAP) FY2018
Actual
FY2019
Actual
FY2020
Actual
FY2021
Actual
FY2022
Actual
Total assetsMillions
of
JPY
73,273 77,536 82,470 94,460 102,154
Net assetsMillions
of
JPY
67,128 72,499 76,272 82,919 91,022
Loans payableMillions
of
JPY
100 100 100 100 480
Capital investmentsMillions
of
JPY
3,428 1,534 1,163 2,415 4,058
Depreciation expensesMillions
of
JPY
1,522 1,684 1,759 1,807 2,049
R&D expensesMillions
of
JPY
2,280 2,472 2,398 2,707 3,283
Cash flows from operating activitiesMillions
of
JPY
8,680 7,021 9,183 11,970 7,764
Cash flows from investing activitiesMillions
of
JPY
-1,725 -4,321 -1,380 -4,146 -6,314
Cash flows from financing activitiesMillions
of
JPY
-2,455 -2,772 -2,685 -3,973 -6,107

Total assets・Net assets・Loans payable

Capital investments

Depreciation expenses

R&D expenses

Cash flows from operating activities・investing activities・financing activities

Financial Position

Consolidated financial results (JGAAP) FY2018
Actual
FY2019
Actual
FY2020
Actual
FY2021
Actual
FY2022
Actual
Return on equity (ROE)


11.7 10.2 8.7 12.7 14.4
Return on assets (ROA)


15.0 13.1 10.8 15.8 18.0
Total payout ratio


35.4 36.6 40.3 43.5 51.5
Cash & marketable securities to
monthly sales ratio

Months

12.1 14.1 16.0 13.5 11.1
  • ROE = Profit attributable to owners of parent / Average net assets
  • ROA = Ordinary profit / Average total assets
  • Total payout ratio = (Total annual dividend + Total amount of repurchase costs) / Profit attributable to owners of parent
  • Cash & marketable securities to monthly sales ratio = (Cash + Money held in trust + marketable securities + Investment securities) / (Net sales / 12 months)

ROE・ROA

Total payout ratio

Cash & marketable securities to monthly sales ratio