Financial Data
Consolidated Business Results
| 2019.3 | 2020.3 | 2021.3 | 2022.3 | 2023.3 | 2024.3 (Forecast) |
|
|---|---|---|---|---|---|---|
| Sales (million JPY) | 319,834 | 320,893 | 275,181 | 302,746 | 338,831 | 359,000 |
| Operating Income (million JPY) | 17,219 | 17,900 | 12,300 | 14,383 | 15,326 | 15,500 |
| Ordinary Income (million JPY) | 18,359 | 19,286 | 13,902 | 15,639 | 16,685 | 17,000 |
| Net income attributable to parent company shareholders (million JPY) | 12,609 | 13,231 | 10,116 | 11,535 | 12,227 | 12,700 |
| Net Income per Share (JPY) | 173.29 | 186.49 | 145.56 | 169.38 | 184.69 | 191.82 |
| Diluted Net Income per Share (JPY) | 173.08 | - | - | - | - | - |
| ROE (ratio of net income divided by equity) (%) | 10.4 | 10.8 | 8.0 | 8.7 | 8.9 | - |
| ROA (ratio of ordinary income divided by total assets) (%) | 6.8 | 7.1 | 5.2 | 5.5 | 5.4 | - |
| Orders Received (million JPY) | 333,887 | 297,883 | 287,501 | 340,184 | 372,774 | 327,000 |
| Amount Carried Forward (million JPY) | 244,271 | 221,261 | 233,581 | 268,887 | 302,830 | 270,830 |
ROE (Return on Equity) (%) = Net income attributable to parent company ÷ shareholders' equity (average during the period) × 100
ROA (Return on Assets) (%) = Ordinary income ÷ Total assets (average during the period) × 100
Consolidated Financial Health
| 2019.3 | 2020.3 | 2021.3 | 2022.3 | 2023.3 | |
|---|---|---|---|---|---|
| Total Assets (million JPY) | 279,743 | 265,649 | 271,146 | 300,736 | 313,391 |
| Net Assets (million JPY) | 126,208 | 125,861 | 135,849 | 136,897 | 147,165 |
| Net Assets per Share (JPY) | 1,704.31 | 1,757.68 | 1,907.64 | 2,009.35 | 2,151.02 |
| Capital Adequacy Ratio | 43.6 | 46.0 | 48.7 | 44.2 | 45.5 |
Consolidated Cash Flow Situation
| 2019.3 | 2020.3 | 2021.3 | 2022.3 | 2023.3 | |
|---|---|---|---|---|---|
| Cash Flow from Operating Activities (million JPY) |
14,892 | △6,369 | 22,568 | 1,186 | 25,826 |
| Cash Flow from Investing Activities (million JPY) |
△6,069 | △8,187 | △324 | 1,042 | △5,427 |
| Cash Flow from Financing Activities (million JPY) |
△7,928 | △4,199 | 3,642 | △8,007 | △8,325 |
| Balance of Cash and Cash Equivalents at End of Year (million JPY) |
55,226 | 36,526 | 62,271 | 56,867 | 69,971 |
Segment Information
Shareholder Returns
| 2019.3 | 2020.3 | 2021.3 | 2022.3 | 2023.3 | 2024.3 (Forecast) |
|
|---|---|---|---|---|---|---|
| Annual Dividend per Share (JPY) | 52.0 | 56.0 | 56.0 | 60.0 | 63.0 | 77.0 |
| Total Return Trend (%) | 53.8 | 60.3 | 38.5 | 87.6 | 34.1 | - |
| Payout Ratio (%) | 30.0 | 30.0 | 38.5 | 35.4 | 34.1 | 40.1 |
| Acquisition of Treasury Stock/ Net income attributable to parent company shareholders (%) |
23.8 | 30.2 | 0.0 | 52.5 | 0.0 | - |
| Net Asset Dividend Rate (DOE) (%) | 3.1 | 3.2 | 3.1 | 3.1 | 3.0 | - |
Dividend Payout Ratio (%) = Annual dividend per share ÷ Net income per share × 100
(Note) Purchase of treasury stock by the executive compensation BIP Trust and Stock Benefit Trust are not included "Acquisition of Treasury Stock".
Stock Price Index
| 2019.3 | 2020.3 | 2021.3 | 2022.3 | 2023.3 | |
|---|---|---|---|---|---|
| Year-end Stock Price (JPY) | 1,782 | 1,661 | 1,724 | 1,735 | 2,109 |
| Price-Earnings Ratio (PER) (times) | 10.3 | 8.9 | 11.8 | 10.2 | 11.4 |
| Price Book-Value ratio (PBR) (times) | 1.05 | 0.95 | 0.90 | 0.86 | 1.0 |
Price-Earnings Ratio (PER) (times) = Year-end stock price ÷ Net income per share
Price Book-Value ratio (PBR) (times) = Year-end stock price ÷ Net assets per share