Highlights of Business Performance
Consolidated Business Performance
Net sales
Gross profit
Operating profit
Ordinary profit
Net income attributable to owners of the parent company
Net income per share
| Consolidated Business Performance | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | |
|---|---|---|---|---|---|---|
| Net sales （Millions of yen） |
1Q | 25,390 | 25,532 | 27,622 | 31,840 | 39,032 |
| 2Q total | 53,237 | 55,327 | 60,455 | 70,163 | 84,228 | |
| 3Q total | 80,525 | 83,003 | 92,267 | 107,791 | 125,916 | |
| Full Year | 113,598 | 118,429 | 132,810 | 152,864 | ||
| Gross profit （Millions of yen） |
1Q | 10,493 | 10,973 | 12,279 | 14,422 | 17,088 |
| 2Q total | 22,680 | 24,470 | 27,120 | 31,639 | 37,323 | |
| 3Q total | 34,693 | 36,961 | 41,504 | 48,565 | 55,925 | |
| Full Year | 49,837 | 53,552 | 60,254 | 68,948 | ||
| Operating profit （Millions of yen） |
1Q | -82 | 925 | 1,692 | 2,844 | 3,232 |
| 2Q total | 2,664 | 4,509 | 5,604 | 8,012 | 9,897 | |
| 3Q total | 5,135 | 7,255 | 8,970 | 12,581 | 15,209 | |
| Full Year | 9,934 | 12,893 | 15,787 | 19,567 | ||
| Operating profit ratio （％） |
1Q | -0.3% | 3.6% | 6.1% | 8.9% | 8.3% |
| 2Q total | 5.0% | 8.2% | 9.3% | 11.4% | 11.8% | |
| 3Q total | 6.4% | 8.7% | 9.7% | 11.7% | 12.1% | |
| Full Year | 8.7% | 10.9% | 11.9% | 12.8% | ||
| Ordinary profit （Millions of yen） |
1Q | 85 | 1,163 | 2,019 | 3,150 | 3,642 |
| 2Q total | 3,085 | 4,972 | 6,244 | 8,609 | 10,534 | |
| 3Q total | 5,830 | 7,924 | 9,855 | 13,470 | 16,332 | |
| Full Year | 11,017 | 13,919 | 16,960 | 20,855 | ||
| Net income attributable to owners of the parent company（Millions of yen） | 1Q | 341 | 403 | 766 | 1,557 | 1,600 |
| 2Q total | 2,749 | 3,216 | 3,703 | 5,557 | 7,161 | |
| 3Q total | 4,696 | 5,510 | 6,277 | 9,094 | 12,187 | |
| Full Year | 7,248 | 9,733 | 11,288 | 13,141 | ||
| Net income per share（yen） | 1Q | 4.57 | 5.43 | 10.42 | 21.44 | 22.37 |
| 2Q total | 36.80 | 43.37 | 50.52 | 76.84 | 100.30 | |
| 3Q total | 62.90 | 74.40 | 85.80 | 126.10 | 170.80 | |
| Full Year | 97.08 | 131.49 | 154.42 | 182.48 | ||
- “Net income per share” is calculated based on the average number of shares outstanding during the period after deducting the number of treasury stock.
Consolidated Financial Condition
Total assets
Net assets
Equity capital / Equity ratio
| Consolidated Financial Condition | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | |
|---|---|---|---|---|---|---|
| Total assets （Millions of yen） |
1Q | 147,517 | 149,528 | 156,754 | 168,075 | 183,055 |
| 2Q | 147,897 | 152,433 | 161,666 | 176,912 | 191,263 | |
| 3Q | 146,556 | 151,749 | 163,857 | 178,778 | 183,799 | |
| 4Q | 150,559 | 159,342 | 171,250 | 184,585 | ||
| Net assets （Millions of yen） |
1Q | 104,890 | 108,705 | 112,747 | 116,983 | 124,354 |
| 2Q | 107,295 | 110,915 | 116,880 | 121,946 | 131,104 | |
| 3Q | 107,938 | 110,933 | 118,105 | 123,371 | 128,612 | |
| 4Q | 111,585 | 116,271 | 121,638 | 128,103 | ||
| Equity capital（Millions of yen） | 1Q | 104,204 | 107,966 | 111,950 | 116,592 | 123,922 |
| 2Q | 106,574 | 110,183 | 116,028 | 121,511 | 130,613 | |
| 3Q | 107,239 | 110,221 | 117,238 | 122,906 | 128,060 | |
| 4Q | 110,851 | 115,519 | 120,756 | 127,600 | ||
| Equity ratio （％） |
1Q | 70.6% | 72.2% | 71.4% | 69.4% | 67.7% |
| 2Q | 72.1% | 72.3% | 71.8% | 68.7% | 68.3% | |
| 3Q | 73.2% | 72.6% | 71.5% | 68.7% | 69.7% | |
| 4Q | 73.6% | 72.5% | 70.5% | 69.1% |
- “Net income per share” is calculated based on the average number of shares outstanding during the period after deducting the number of treasury stock.
Consolidated Cash Flows
Consolidated Cash Flows (Full Year)
| Consolidated Cash Flows | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 |
|---|---|---|---|---|---|
| Cash flows from operating activities | 23,211 | 15,596 | 19,200 | 18,951 | 23,771 |
| Cash flows from investing activities | - 5,706 | - 6,355 | - 5,891 | - 7,376 | - 10,221 |
| Cash flows from financing activities | - 7,741 | - 8,634 | - 10,870 | - 13,950 | - 18,216 |
| Free cash flow | 17,505 | 9,240 | 13,308 | 11,574 | 13,549 |
- （Millions of yen）
