Years ended March 31
Financial summary
(Millions of yen)
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Results of operations | |||||||||||
| Net sales | 38,502 | 40,225 | 39,892 | 42,461 | 44,145 | 46,234 | 47,417 | 44,063 | 41,528 | 43,134 | 45,560 |
| Operating income | 1,773 | 1,789 | 2,161 | 3,360 | 4,057 | 4,419 | 3,684 | 2,975 | 2,000 | 2,450 | 1,609 |
| Ordinary income | 1,801 | 1,858 | 2,267 | 3,490 | 4,274 | 4,626 | 3,860 | 3,095 | 2,070 | 2,561 | 1,748 |
| Net income attributable to owners of parent | 988 | 989 | 1,311 | 1,827 | 3,107 | 3,132 | 3,193 | 1,751 | 1,350 | 1,809 | 2,371 |
| Capital investment | 2,747 | 2,495 | 1,818 | 3,586 | 5,818 | 6,489 | 2,054 | 1,455 | 2,755 | 3,981 | 4,092 |
| Depreciation and amortization | 1,741 | 1,787 | 1,385 | 1,603 | 1,792 | 1,960 | 2,327 | 2,352 | 2,342 | 2,545 | 2,757 |
| R&D expenses | 993 | 1,004 | 1,008 | 1,108 | 1,153 | 1,241 | 1,184 | 1,067 | 1,064 | 1,057 | 1,110 |
| Cash flows from operating activities | 3,075 | 2,666 | 2,547 | 4,406 | 3,899 | 3,228 | 5,584 | 5,749 | 5,911 | 4,064 | 2,917 |
| Cash flows from investing activities | (3,008) | (1,242) | (1,948) | (1,963) | (5,349) | (5,039) | (4,743) | (1,380) | (3,067) | (2,898) | (1,153) |
| Cash flows from financing activities | (439) | (469) | (468) | (589) | (636) | (934) | (979) | (916) | (772) | (691) | (867) |
| Free cash flows | 67 | 1,424 | 599 | 2,443 | (1,450) | (1,811) | 841 | 4,369 | 2,844 | 1,166 | 1,764 |
| Cash and cash equivalents | 9,879 | 10,832 | 10,959 | 12,802 | 10,713 | 7,963 | 7,822 | 11,273 | 13,344 | 13,844 | 14,752 |
| Financial position at year-end | |||||||||||
| Net assets | 24,792 | 25,548 | 26,885 | 28,140 | 30,766 | 33,317 | 36,480 | 37,218 | 38,078 | 38,961 | 40,603 |
| Interest-bearing debt | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 |
| Total assets | 45,801 | 47,213 | 47,943 | 52,890 | 56,120 | 60,755 | 60,329 | 59,752 | 61,214 | 64,427 | 69,123 |
| Per share information | |||||||||||
| Net assets per share (Yen)*1 | 1,196.22 | 1,232.70 | 1,297.26 | 1,357.84 | 1,484.70 | 1,607.89 | 1,760.54 | 1,796.15 | 1,837.64 | 1,880.25 | 1969.94 |
| Net income per share (Yen)*1 | 47.70 | 47.75 | 63.30 | 88.18 | 149.95 | 151.17 | 154.12 | 84.54 | 65.15 | 87.34 | 114.67 |
| Net income per share—diluted (Yen) | ― | ― | ― | ― | ― | ― | ― | ― | ― | ― | 114.65 |
| Dividends per share (Yen)*1 | 12 | 12 | 16 | 22 | 36 | 40※2 | 38 | 33 | 30 | 30 | 35 |
| Ratios | |||||||||||
| Equity ratio (%) | 54.1 | 54.1 | 56.1 | 53.2 | 54.8 | 54.8 | 60.5 | 62.3 | 62.2 | 60.5 | 58.7 |
| Return on equity (%) | 4.1 | 3.9 | 5.0 | 6.6 | 10.6 | 9.8 | 9.2 | 4.8 | 3.6 | 4.7 | 6 |
| Ordinary income / total assets (%) | 3.9 | 4.0 | 4.8 | 6.9 | 7.8 | 7.9 | 6.4 | 5.2 | 3.4 | 4.1 | 2.6 |
| Price-earnings ratio (Times) | 15.3 | 14.5 | 14.5 | 14.9 | 12.3 | 23.1 | 15.2 | 17.7 | 29.4 | 19.5 | 16.8 |
Non-financial summary
(Millions of yen)
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of employees | 1,145 | 1,150 | 1,160 | 1,180 | 1,204 | 1,241 | 1,258 | 1,266 | 1,260 | 1,255 | 1268 |
| Number of average temporary staff | (258) | (234) | (227) | (206) | (195) | (151) | (146) | (133) | (113) | (130) | (143) |
| Number of male managers | 156 | 156 | 155 | 156 | 159 | 160 | 159 | 157 | 149 | 166 | 174 |
| Number of female managers | 9 | 10 | 11 | 10 | 11 | 11 | 12 | 13 | 14 | 16 | 21 |
| Female manager ratio (%) | 5.5 | 6.0 | 6.6 | 6.0 | 6.5 | 6.4 | 7.0 | 7.6 | 8.6 | 8.8 | 10.8 |
| Employment of persons with disabilities (%) | 1.4 | 1.2 | 2.0 | 1.8 | 2.0 | 2.1 | 2.2 | 2.2 | 2.4 | 2.5 | 2.3 |
- Notes:
- 1.
Figures for the fiscal year ended March 31, 2013 through the fiscal year ended March 31, 2017 were calculated using the number of shares after the share consolidation implemented in October 2017.
- 2.
Dividend per share for the fiscal year ended March 31, 2018 was ¥40, including the ordinary dividend and the 100th anniversary commemorative dividend of ¥2.
