Major Consolidated Index

Consolidated Results

Unit : millions of yen

スワイプで表示(Swipe available)

  2014.3
Actual
2015.3
Actual
2016.3
Actual
2017.3
Actual
2018.3
Forecast
Net Sales 343,168 371,339 408,372 402,174 413,800
Operating Income 23,847 25,370 32,598 32,842 34,500
Ordinary Income 22,682 24,364 31,029 32,037 33,000
Net Income Attributable to Owners of Parent 12,559 15,382 19,964 23,810 21,500
Net Sales YoY Change (%) 14.3 8.2 10.0 (1.5) 2.9
Operating Income YoY Change (%) 20.4 6.4 28.5 0.7 5.0
Ordinary Income YoY Change (%) 21.3 7.4 27.4 3.2 3.0
Net Income Attributable to Owners of Parent YoY Change (%) 14.1 22.5 29.8 19.3 (9.7)
Operating Income Ratio to Net Sales (%) 6.9 6.8 8.0 8.2 8.3
Ordinary Income Ratio to Net Sales (%) 6.6 6.6 7.6 8.0 8.0
Ratio of Net Income Attributable to Owners of Parent to Net Sales 3.7 4.1 4.9 5.9 5.2

スワイプで表示(Swipe available)

*

Net sales do not include consumption and other taxes.

*

The Net Income Attributable to Owners of Parent and the Ratio of Net Income Attributable to Owners of Parent to Net Sales for 2014.3 Actual to 2015.3 Actual were previously presented as Net Income and Net Income Ratio to Net Sales, respectively.

Financial Position

Unit : millions of yen

スワイプで表示(Swipe available)

  2014.3
Actual
2015.3
Actual
2016.3
Actual
2017.3
Actual
2018.3
Forecast
Total Net Assets 210,407 238,431 225,675 244,437
Shareholders' Equity 209,166 236,508 223,684 240,009
Total Assets 349,103 378,766 365,671 361,248
Shareholders' Equity Ratio (%) 59.9 62.4 61.2 66.4
D/E Ratio (%) 38.5 31.0 31.6 21.1
Dividend on Equity (%) 2.0 2.1 2.7 2.8
ROE (%) 6.4 6.9 8.7 10.3
Ordinary Income to Total Assets (%) 6.6 6.7 8.3 8.8

スワイプで表示(Swipe available)

*

Shareholders' equity is computed by subtracting stock acquisition rights and minority interests from net assets.

*

D/E ratio = (Loans + Bonds) / Shareholders' equity

Cash Flows

Unit : millions of yen

スワイプで表示(Swipe available)

  2014.3
Actual
2015.3
Actual
2016.3
Actual
2017.3
Actual
2018.3
Forecast
Cash Flows From Operating Activities 25,667 31,658 37,661 26,136
Cash Flows From Investing Activities (8,529) (5,041) (15,855) 13,235
Cash Flows From Financing Activities (21,631) (21,566) (17,801) (30,359)
Term-end Cash and Cash Equivalents 25,420 32,398 35,150 44,205
Free Cash Flows 9,744 19,151 24,132 14,536

スワイプで表示(Swipe available)

*

Free cash flows = Cash flows from operating activities - Purchase of property, plant, equipment and intangible assets + Proceeds from sales of property, plant, equipment

Per Share Value Indicators

Unit : yen

スワイプで表示(Swipe available)

  2014.3
Actual
2015.3
Actual
2016.3
Actual
2017.3
Actual
2018.3
Forecast
Shareholders' Equity per Share 1,045.62 1,210.77 1,160.05 1,242.71
Net Income per Share 62.82 78.20 102.67 123.28 111.32
Diluted Net Income per Share 62.79 78.19
Cash Dividends per Share 20 24 32 34 34
Dividend Payout Ratio(Consolidated) (%) 31.8 30.7 31.2 27.6 30.5
Free Cash Flows per Share 48.74 97.36 124.10 75.26
Share Price as of Term-end 1,947 3,815 3,700 3,325
PER (Times) 31.0 48.8 36.0 27.0

スワイプで表示(Swipe available)

Other Information

Unit : millions of yen

スワイプで表示(Swipe available)

  2014.3
Actual
2015.3
Actual
2016.3
Actual
2017.3
Actual
2018.3
Forecast
Interest-bearing Debt 80,603 73,299 70,610 50,570
Capital Expenditures 17,265 13,087 14,795 12,165 17,400
(For Property, Plant and Equipment) 15,208 11,761 13,464 11,362 16,500
Depreciation and Amortization 12,983 12,901 11,936 12,339 12,900
(On Property, Plant and Equipment) 12,162 12,026 10,967 11,304 11,800
R&D Costs 3,564 3,598 3,662 3,943
Net Financial Income (Loss) (486) (238) (186) 754
Average Term Exchange Rate (yen/US$) 100.00 110.03 120.16 109.03 105.00
No. of Employees (people) 5,622 5,912 5,933 6,771
No.of Shares Issued and Outstanding at Term-end (Thousand) 200,031 195,336 192,822 193,133

スワイプで表示(Swipe available)

*

Interest-bearing debt refers to all liabilities on the consolidated balance sheet on which interest is paid.

*

Net financial income = Interest and dividend income Interest expense

*

No. of shares issued and outstanding at term-end is computed by subtracting shareholders' equity.

*

Depreciation and Amortization do not include the amortization of goodwill.

Note

  • Forecasts are based on information available to management at the time of announcement.
    Due to a number of inherent uncertainties in forecasts, actual results may differ materially from forecasts.

As for the data before 2014.3 actual, you can see our factbook

Documents files are in PDF format. If Adobe® Reader® is not installed on your computer, use this link to download the software.