Financial Highlights
Net Sales
Net Sales by Sales Format
Ordinary Income
Net Income
Business Results Data (Cons.)
Unit：million yen
| FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020(Est.) | |
|---|---|---|---|---|---|
| Net Sales | 10,003 | 10,393 | 10,796 | 10,843 | 11,140 |
|
Cost of Sales |
5,499 55.0% |
5,471 52.6% |
5,753 53.3% |
5,615 51.8% |
5,716 51.3% |
|
Gross Profit |
4,503 45.0% |
4,922 47.4% |
5,043 46.7% |
5,228 48.2% |
5,424 48.7% |
|
SG&A expenses |
3,748 37.5% |
4,068 39.1% |
4,049 37.5% |
4,144 38.2% |
4,334 38.9% |
|
Operating Income |
754 7.5% |
854 8.2% |
993 9.2% |
1,083 10.0% |
1,090 9.8% |
|
Ordinary Income |
821 8.2% |
880 8.5% |
999 9.3% |
1,065 9.8% |
1,100 9.9% |
|
Net Income |
516 5.2% |
467 4.5% |
672 6.2% |
725 6.7% |
750 6.7% |
Net Sales by Sales Format(cons.)
Unit：million yen
| FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020(Est.) | |
|---|---|---|---|---|---|
|
Own-brand |
6,263 62.6% |
6,402 61.6% |
6,558 60.7% |
6,645 61.3% |
6,750 60.6% |
| Overseas (%) |
1,954 19.6% |
2,414 23.2% |
2,715 25.2% |
2,996 27.6% |
3,086 27.7% |
| OEM Sales (%) |
1,784 17.8% |
1,576 15.2% |
1,522 14.1% |
1,201 11.1% |
1,304 11.7% |
| Total (%) |
10,003 100.0% |
10,393 100.0% |
10,796 100.0% |
10,843 100.0% |
11,140 100.0% |
Graph Showing Financial Position
Free Cash Flow
Financial Position Data(cons.)
Unit：million yen
| FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020(Est.) | |
|---|---|---|---|---|---|
|
Current Assets |
11,433 | 11,126 | 11,159 | 11,129 | 11,762 |
|
Fixed Assets |
6,178 | 6,133 | 6,078 | 6,028 | 5,668 |
|
Total Assets |
17,611 | 17,259 | 17,237 | 17,157 | 17,430 |
|
Current Liabilities |
3,294 | 3,052 | 2,914 | 2,651 | 2,726 |
|
Fixed Liabilities |
1,713 | 1,337 | 1,437 | 1,330 | 1,227 |
|
Total Liabilities |
5,007 | 4,390 | 4,351 | 3,982 | 3,953 |
|
Shareholders' Equity |
12,603 | 12,868 | 12,886 | 13,175 | 13,477 |
|
Equity Ratio |
71.6% | 74.6% | 74.8% | 76.8% | 77.3% |
Cash Flow Data
Unit：million yen
| FY 2016 | Fy 2017 | FY 2018 | FY 2019 | FY 2020 (Est.) |
|
|---|---|---|---|---|---|
|
Net cash provided by (used in) operating activities |
1,443 | 524 | 797 | 880 | 1,124 |
|
Net cash provided by (used in) investing activities |
△ 270 | △ 193 | △ 598 | △ 511 | △ 310 |
|
Net cash provided by (used in) financing activities |
△ 332 | △ 652 | △ 585 | △ 532 | △ 511 |
|
Net increase（decrease）in cash and cash equivalents |
719 | △ 313 | △ 484 | △ 203 | 303 |
|
Cash and cash equivalents at end of year |
4,427 | 4,114 | 3,629 | 3,426 | 4,500 |
|
Free Cash Flow |
1,173 | 331 | 199 | 368 | 814 |
- 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 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020(Est.) | |
|---|---|---|---|---|---|
| ROE | 4.0% | 3.7% | 5.2% | 5.6% | 5.6% |
| EPS(yen) | 54.73 | 50.23 | 72.20 | 77.83 | 80.51 |
| BPS(yen) | 1,352.97 | 1,381.40 | 1,383.31 | 1,414.36 | 1,446.74 |
|
Dividend per Share (yen) |
35 | 35 | 37 | 37 | 37 |
|
Dividend Payout Ratio(cons.) |
64.0% | 69.7% | 51.2% | 47.5% | 46.0% |