Financial Highlights
Net Sales
Net Sales by Sales Format
Ordinary Income
Net Income
Business Results Data (Cons.)
Unit：million yen
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023(Est.) | |
|---|---|---|---|---|---|
| Net Sales | 10,843 | 10,830 | 11,698 | 12,257 | 12,537 |
|
Cost of Sales |
5,615 51.8% |
5,752 53.1% |
6,438 55.0% |
6,882 56.2% |
6,884 54.9% |
|
Gross Profit |
5,228 48.2% |
5,077 46.9% |
5,260 45.0% |
5,374 43.8% |
5,654 45.1% |
|
SG&A expenses |
4,144 38.2% |
4,092 37.8% |
4,393 37.6% |
4,636 37.8% |
4,769 38.0% |
|
Operating Income |
1,083 10.0% |
984 9.1% |
866 7.4% |
737 6.0% |
885 7.1% |
|
Ordinary Income |
1,065 9.8% |
952 8.8% |
1,009 8.6% |
809 6.6% |
902 7.2% |
|
Net Income |
725 6.7% |
659 6.1% |
660 5.6% |
460 3.8% |
591 4.7% |
Net Sales by Sales Format(cons.)
Unit：million yen
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023(Est.) | |
|---|---|---|---|---|---|
|
Own-brand |
6,645 61.3% |
6,640 61.3% |
6,884 58.8% |
6,986 57.0% |
7,060 56.3% |
| Overseas (%) |
2,996 27.6% |
2,943 27.2% |
3,493 29.9% |
3,930 32.1% |
4,115 32.8% |
| OEM Sales (%) |
1,201 11.1% |
1,245 11.5% |
1,320 11.3% |
1,340 10.9% |
1,362 10.9% |
| Total (%) |
10,843 100.0% |
10,830 100.0% |
11,698 100.0% |
12,257 100.0% |
12,537 100.0% |
Graph Showing Financial Position
Free Cash Flow
Financial Position Data(cons.)
Unit：million yen
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023(Est.) | |
|---|---|---|---|---|---|
|
Current Assets |
11,129 | 10,722 | 11,575 | 12,128 | 12,712 |
|
Fixed Assets |
6,028 | 6,374 | 6,500 | 6,736 | 5,985 |
|
Total Assets |
17,157 | 17,097 | 18,075 | 18,865 | 18,697 |
|
Current Liabilities |
2,651 | 2,583 | 2,573 | 2,816 | 2,630 |
|
Fixed Liabilities |
1,330 | 1,286 | 1,282 | 1,325 | 1,282 |
|
Total Liabilities |
3,982 | 3,869 | 3,855 | 4,141 | 3,913 |
|
Shareholders' Equity |
13,175 | 13,227 | 14,220 | 14,723 | 14,784 |
|
Equity Ratio |
76.8% | 77.4% | 78.7% | 78.0% | 79.1% |
Cash Flow Data
Unit：million yen
| FY 2019 | FY 2020 | FY 2021 | Fy 2022 | FY 2023 (Est.) |
|
|---|---|---|---|---|---|
|
Net cash provided by (used in) operating activities |
880 | 1,249 | 1,248 | 461 | 992 |
|
Net cash provided by (used in) investing activities |
△ 511 | △ 704 | △ 585 | 38 | △ 433 |
|
Net cash provided by (used in) financing activities |
△ 532 | △ 845 | △ 442 | △ 355 | △ 336 |
|
Net increase in cash and cash equivalents |
△ 203 | △ 343 | 330 | 288 | 223 |
|
Cash and cash equivalents at end of year |
3,426 | 3,083 | 3,413 | 3,702 | 3,920 |
|
Free Cash Flow |
368 | 544 | 663 | 499 | 559 |
- 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 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023(Est.) | |
|---|---|---|---|---|---|
| ROE | 5.6% | 5.0% | 4.8% | 3.2% | 4.0% |
| EPS(yen) | 77.83 | 71.19 | 72.61 | 50.63 | 64.95 |
| BPS(yen) | 1,414.36 | 1,454.41 | 1,563.55 | 1,618.10 | 1,624.73 |
|
Dividend per Share (yen) |
37 | 37 | 37 | 37 | 37 |
|
Dividend Payout Ratio(cons.) |
47.5% | 52.0% | 51.0% | 73.1% | 57.0% |