Financial Highlights
Net Sales
Net Sales by Sales Format
Ordinary Income
Net Income
Business Results Data (Cons.)
Unit：million yen
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026(Est.) | |
|---|---|---|---|---|---|
| Net Sales | 12,326 | 12,585 | 13,030 | 13,617 | 13,960 |
|
Cost of Sales |
6,931 56.2% |
7,107 56.5% |
7,326 56.2% |
7,623 56.0% |
7,747 55.5% |
|
Gross Profit |
5,395 43.8% |
5,478 43.5% |
5,704 43.8% |
5,993 44.0% |
6,212 44.5% |
|
SG&A expenses |
4,654 37.8% |
4,675 37.1% |
5,011 38.5% |
4,988 36.6% |
5,152 36.9% |
|
Operating Income |
741 6.0% |
803 6.4% |
692 5.3% |
1,005 7.4% |
1,060 7.6% |
|
Ordinary Income |
834 6.8% |
872 6.9% |
750 5.8% |
988 7.3% |
1,070 7.7% |
|
Net Income |
482 3.9% |
154 1.2% |
840 6.5% |
713 5.2% |
750 5.4% |
Net Sales by Sales Format(cons.)
Unit：million yen
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026(Est.) | |
|---|---|---|---|---|---|
|
Own-brand |
6,986 56.7% |
6,920 55.0% |
7,182 55.1% |
7,734 56.8% |
7,860 56.3% |
| Overseas (%) |
4,000 32.5% |
4,257 33.8% |
4,608 35.4% |
4,598 33.8% |
4,600 33.0% |
| OEM Sales (%) |
1,340 10.9% |
1,407 11.2% |
1,239 9.5% |
1,284 9.4% |
1,500 10.7% |
| Total (%) |
12,326 100.0% |
12,585 100.0% |
13,030 100.0% |
13,617 100.0% |
13,960 100.0% |
Graph Showing Financial Position
Free Cash Flow
Financial Position Data(cons.)
Unit：million yen
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026(Est.) | |
|---|---|---|---|---|---|
|
Current Assets |
12,128 | 12,722 | 13,940 | 14,222 | 14,618 |
|
Fixed Assets |
6,736 | 6,535 | 6,107 | 5,920 | 5,859 |
|
Total Assets |
18,865 | 19,258 | 20,047 | 20,143 | 20,477 |
|
Current Liabilities |
2,816 | 2,967 | 3,105 | 2,023 | 2,129 |
|
Fixed Liabilities |
1,325 | 1,347 | 1,191 | 1,787 | 1,866 |
|
Total Liabilities |
4,141 | 4,314 | 4,296 | 3,810 | 3,995 |
|
Shareholders' Equity |
14,723 | 14,944 | 15,750 | 16,332 | 16,482 |
|
Equity Ratio |
78.0% | 77.6% | 78.6% | 81.1% | 80.5% |
Cash Flow Data
Unit：million yen
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 (Est.) |
|
|---|---|---|---|---|---|
|
Net cash provided by (used in) operating activities |
478 | 698 | 2,249 | 530 | 1,059 |
|
Net cash provided by (used in) investing activities |
43 | △ 363 | 270 | △ 573 | △ 492 |
|
Net cash provided by (used in) financing activities |
△ 356 | △ 362 | △ 877 | △ 600 | △ 336 |
|
Net increase in cash and cash equivalents |
288 | 68 | 1,891 | △ 601 | 231 |
|
Cash and cash equivalents at end of year |
3,702 | 3,770 | 5,662 | 5,060 | 5,338 |
|
Free Cash Flow |
522 | 335 | 2,520 | △ 42 | 567 |
- 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 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026(Est.) | |
|---|---|---|---|---|---|
| ROE | 3.3% | 1.0% | 5.5% | 4.4% | 4.6% |
| EPS(yen) | 53.00 | 16.92 | 95.41 | 84.25 | 89.44 |
| BPS(yen) | 1,618.10 | 1,641.59 | 1,833.67 | 1,947.68 | 1,965.53 |
|
Dividend per Share (yen) |
37 | 37 | 39 | 45 | 47 |
|
Dividend Payout Ratio(cons.) |
69.8% | 218.7% | 40.9% | 53.4% | 52.5% |