Financial details

Net sales

(Millions of yen)

40,885

2018/3 period
Year-on-year: +4.5%


43,670

2019/3 period
Year-on-year: +6.8%


43,736

2020/3 period
Year-on-year: +0.2%


44,035

2021/3 period
Year-on-year: +0.7%


Ordinary profit

(Millions of yen)

1,740

2018/3 period
Year-on-year: +5.0%


1,611

2019/3 period
Year-on-year: △7.4%


1,725

2020/3 period
Year-on-year: +7.1%


2,475

2021/3 period
Year-on-year: +43.5%


Changes in major performance indicators
[Consolidated performance indicators]
Period 104 Period 105 Period 106 Period 107 Period 108 Period
Fiscal year and month Year ending March 2017 Year ending March 2018 Year ending March 2019 Year ending March 2020 Year ending March 2021
Operating profit (Millions of yen) 39,122 40,885 43,670 43,736 44,035
Ordinary profit (Millions of yen) 1,657 1,740 1,611 1,725 2,475
Net income attributable to parent company shareholders (Millions of yen) 920 992 810 1,040 1,501
Net assets (Millions of yen) 15,492 16,364 16,910 17,681 19,138
Total assets (Millions of yen) 36,393 39,317 39,487 39,562 40,831
Interest-bearing debt (Millions of yen) 8,284 9,690 9,783 8,635 7,704
Net assets per share (yen)  1,436.55 1,515.78 1,566.44 1,639.26 1,776.82
Net income per share (yen) 85.53 92.21 75.27 96.65 139.48
Capital adequacy ratio (%) 42.5 41.5 42.7 44.6 46.8
Return on equity (%) 6.1 6.2 4.9 6.0 8.2
Price-earnings ratio (times) 11.14 12.58 10.46 7.46 7.40
Cash flow from operating activities (Millions of yen) 3,811 2,669 2,983 3,401 3,613
Cash flow from investment activities (Millions of yen) △ 2,212 △ 3,727 △ 2,383 △ 1,256 △ 1,012
Cash flow from financing activities (Millions of yen) △ 1,370 637 △ 544 △ 1,762 △ 1,597
Cash and cash equivalents at end of year (Millions of yen) 3,455 3,239 3,292 3,677 4,699

Major customers