Financial Highlights
Net Sales
Net Sales by Sales Format
Ordinary Income
Net Income
Business Results Data (Cons.)
Unit：million yen
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024(Est.) | |
|---|---|---|---|---|---|
| Net Sales | 10,830 | 11,698 | 12,326 | 12,585 | 13,032 |
|
Cost of Sales |
5,752 53.1% |
6,438 55.0% |
6,931 56.2% |
7,107 56.5% |
7,179 55.1% |
|
Gross Profit |
5,077 46.9% |
5,260 45.0% |
5,395 43.8% |
5,478 43.5% |
5,853 44.9% |
|
SG&A expenses |
4,092 37.8% |
4,393 37.6% |
4,654 37.8% |
4,675 37.1% |
4,985 38.3% |
|
Operating Income |
984 9.1% |
866 7.4% |
741 6.0% |
803 6.4% |
868 6.7% |
|
Ordinary Income |
952 8.8% |
1,009 8.6% |
834 6.8% |
872 6.9% |
900 6.9% |
|
Net Income |
659 6.1% |
660 5.6% |
482 3.9% |
154 1.2% |
967 7.4% |
Net Sales by Sales Format(cons.)
Unit：million yen
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024(Est.) | |
|---|---|---|---|---|---|
|
Own-brand |
6,640 61.3% |
6,884 58.8% |
6,986 56.7% |
6,920 55.0% |
7,300 56.0% |
| Overseas (%) |
2,943 27.2% |
3,493 29.9% |
4,000 32.5% |
4,257 33.8% |
4,428 34.0% |
| OEM Sales (%) |
1,245 11.5% |
1,320 11.3% |
1,340 10.9% |
1,407 11.2% |
1,304 10.0% |
| Total (%) |
10,830 100.0% |
11,698 100.0% |
12,326 100.0% |
12,585 100.0% |
13,032 100.0% |
Graph Showing Financial Position
Free Cash Flow
Financial Position Data(cons.)
Unit：million yen
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024(Est.) | |
|---|---|---|---|---|---|
|
Current Assets |
10,722 | 11,575 | 12,128 | 12,722 | 13,948 |
|
Fixed Assets |
6,374 | 6,500 | 6,736 | 6,535 | 5,527 |
|
Total Assets |
17,097 | 18,075 | 18,865 | 19,258 | 19,474 |
|
Current Liabilities |
2,583 | 2,573 | 2,816 | 2,967 | 2,856 |
|
Fixed Liabilities |
1,286 | 1,282 | 1,325 | 1,347 | 1,325 |
|
Total Liabilities |
3,869 | 3,855 | 4,141 | 4,314 | 4,181 |
|
Shareholders' Equity |
13,227 | 14,220 | 14,723 | 14,944 | 15,294 |
|
Equity Ratio |
77.4% | 78.7% | 78.0% | 77.6% | 78.5% |
Cash Flow Data
Unit：million yen
| FY 2020 | FY 2021 | FY 2022 | Fy 2023 | FY 2024 (Est.) |
|
|---|---|---|---|---|---|
|
Net cash provided by (used in) operating activities |
1,249 | 1,248 | 478 | 698 | 1,936 |
|
Net cash provided by (used in) investing activities |
△ 704 | △ 585 | 43 | △ 363 | 577 |
|
Net cash provided by (used in) financing activities |
△ 845 | △ 442 | △ 356 | △ 362 | △ 336 |
|
Net increase in cash and cash equivalents |
△ 343 | 330 | 288 | 68 | 2,177 |
|
Cash and cash equivalents at end of year |
3,083 | 3,413 | 3,702 | 3,770 | 5,251 |
|
Free Cash Flow |
544 | 663 | 522 | 335 | 2,513 |
- NOTE 1) Figures are shown on a consolidated basis.
- NOTE 2) Figures are shown rounded down to the nearest million yen.
- NOTE 3) Free Cash Flow is represented as the total of CF from operating activities + CF from investment activities.
Investment index
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024(Est.) | |
|---|---|---|---|---|---|
| ROE | 5.0% | 4.8% | 3.3% | 1.0% | 6.3% |
| EPS(yen) | 71.19 | 72.61 | 53.00 | 16.92 | 106.22 |
| BPS(yen) | 1,454.41 | 1,563.55 | 1,618.10 | 1,641.59 | 1,679.99 |
|
Dividend per Share (yen) |
37 | 37 | 37 | 37 | 39 |
|
Dividend Payout Ratio(cons.) |
52.0% | 51.0% | 69.8% | 218.7% | 36.7% |