Investor Relations

Operating Performance

Graph: Net Sales Graph: Operating income, Operating income margin Graph: Ordinary income, Ordinary income margin Graph: Net income attributable to parent company shareholders, Net income per share data Graph: Capital expenditures, Depreciation and amortization
Fiscal Year March
2012
March
2013
March
2014
March
2015
March
2016
Net sales 1 million yen (¥) 144,896 150,002 178,022 196,738 203,976
Operating income 1 million yen (¥) 12,081 12,579 17,354 21,427 21,570
Ordinary income 1 million yen (¥) 12,140 12,813 17,993 22,263 22,109
Net income attributable to
parent company shareholders
1 million yen (¥) 6,814 7,428 10,213 14,153 12,766
Capital expenditures 1 million yen (¥) 9,518 11,833 11,372 10,466 15,677
Depreciation and amortization 1 million yen (¥) 7,403 7,360 8,745 9,476 10,442

Balance Sheets

Graph: Total Assets, Equity raito Graph: Interest-bearing debt, Net interest-bearing debt raito Graph: R&D expenses
Fiscal Year March
2012
March
2013
March
2014
March
2015
March
2016
Total Assets 1 million yen (¥) 191,766 215,837 228,840 258,742 254,106
Net assets 1 million yen (¥) 89,923 102,019 118,433 140,439 142,041
Equity raito 1 million yen (¥) 46.9% 47.3% 51.8% 54.3% 55.9%
Interest-bearing debt 1 million yen (¥) 27,405 36,507 36,538 36,907 34,817
Net interest-bearing debt 1 million yen (¥) 13,488 16,312 15,246 9,547 8,394
Net interest-bearing debt raito 1 million yen (¥) 7.0% 7.6% 6.7% 3.7% 3.3%
R&D expenses 1 million yen (¥) 4,231 4,319 4,061 4,048 4,300
Number of employees 1 million yen (¥) 6,160 6,792 7,068 7,398 7,579

Cash Flows

Fiscal Year March
2012
March
2013
March
2014
March
2015
March
2016
Net cash provided by operating activities 1 million yen (¥) 11,626 15,350 19,761 22,189 19,090
Net cash used in provided by investing activities 1 million yen (¥) -10,487 -18,401 -17,166 -14,306 -13,593
Net cash used in financing activities 1 million yen (¥) -5,460 6,325 -3,196 -2,647 -5,476
Free cash flow 1 million yen (¥) 1,138 -3,050 2,594 7,882 5,496

Major Indicators

Fiscal Year March
2012
March
2013
March
2014
March
2015
March
2016
Operating income margin 8.3% 8.4% 9.7% 10.9% 10.6%
Ordinary income margin 8.4% 8.5% 10.1% 11.3% 10.8%
ROE 7.9% 7.7% 9.3% 10.9% 9.0%
D/E ratio(net) 0.15 0.16 0.13 0.07 0.06

ROE=Return On Equity
D/E ratio(net) = (interest-bearing debt - cash and cash equivalents) / shareholder's equity

Per Share Data

Fiscal Year March
2012
March
2013
March
2014
March
2015
March
2016
Net income yen 36.60 39.69 54.58 75.65 68.24
Net assets yen 480.46 545.14 632.94 750.63 759.27
Cash devidends (Annual Total) yen 7 7 10 16 20