Financial details

Net sales

(Millions of yen)

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%


47,645

2022/3 period
Year-on-year: +8.2%


Ordinary profit

(Millions of yen)

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%


3,097

2022/3 period
Year-on-year: +25.1%


Changes in major performance indicators
[Consolidated performance indicators]
Period 105 Period 106 Period 107 Period 108 Period 109 Period
Fiscal year and month Year ending March 2018 Year ending March 2019 Year ending March 2020 Year ending March 2021 Year ending March 2022
Operating profit (Millions of yen) 40,885 43,670 43,736 44,035 47,645
Ordinary profit (Millions of yen) 1,740 1,611 1,725 2,475 3,097
Net income attributable to parent company shareholders (Millions of yen) 992 810 1,040 1,501 1,948
Net assets (Millions of yen) 16,364 16,910 17,681 19,138 20,563
Total assets (Millions of yen) 39,317 39,487 39,562 40,831 41,247
Interest-bearing debt (Millions of yen) 9,690 9,783 8,635 7,704 7,018
Net assets per share (yen)  1,515.78 1,566.44 1,639.26 1,776.82 1,909.08
Net income per share (yen) 92.21 75.27 96.65 139.48 181.03
Capital adequacy ratio (%) 41.5 42.7 44.6 46.8 49.8
Return on equity (%) 6.2 4.9 6.0 8.2 9.8
Price-earnings ratio (times) 12.58 10.46 7.46 7.40 6.0
Cash flow from operating activities (Millions of yen) 2,669 2,983 3,401 3,613 3,804
Cash flow from investment activities (Millions of yen) △ 3,727 △ 2,383 △ 1,256 △ 1,012 △ 1,935
Cash flow from financing activities (Millions of yen) 637 △ 544 △ 1,762 △ 1,597 △ 1,296
Cash and cash equivalents at end of year (Millions of yen) 3,239 3,292 3,677 4,699 5,273

Major customers