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
2013
March
2014
March
2015
March
2016
March
2017
Net sales 1 million yen (¥) 150,002 178,022 196,738 203,976 198,762
Operating income 1 million yen (¥) 12,579 17,354 21,427 21,570 21,647
Ordinary income 1 million yen (¥) 12,813 17,993 22,263 22,109 22,004
Net income attributable to
parent company shareholders
1 million yen (¥) 7,428 10,213 14,153 12,766 14,596
Capital expenditures 1 million yen (¥) 11,833 11,372 10,466 15,677 13,995
Depreciation and amortization 1 million yen (¥) 7,360 8,745 9,476 10,402 10,342

Balance Sheets

Graph: Total Assets, Equity raito Graph: Interest-bearing debt, Net interest-bearing debt raito Graph: R&D expenses
Fiscal Year March
2013
March
2014
March
2015
March
2016
March
2017
Total Assets 1 million yen (¥) 215,837 228,840 258,742 254,106 267,215
Net assets 1 million yen (¥) 102,019 118,433 140,439 142,041 152,473
Equity raito 1 million yen (¥) 47.3% 51.8% 54.3% 55.9% 57.1%
Interest-bearing debt 1 million yen (¥) 36,507 36,538 36,907 34,817 34,634
Net interest-bearing debt 1 million yen (¥) 16,312 15,246 9,547 8,394 493
Net interest-bearing debt raito 1 million yen (¥) 7.6% 6.7% 3.7% 3.3% 0.2%
R&D expenses 1 million yen (¥) 4,319 4,061 4,048 4,300 4,341
Number of employees 1 million yen (¥) 6,792 7,068 7,398 7,579 7,886

Cash Flows

Fiscal Year March
2013
March
2014
March
2015
March
2016
March
2017
Net cash provided by operating activities 1 million yen (¥) 15,350 19,761 22,189 19,090 25,434
Net cash used in provided by investing activities 1 million yen (¥) -18,401 -17,166 -14,306 -13,593 -13,420
Net cash used in financing activities 1 million yen (¥) 6,325 -3,196 -2,647 -5,476 -4,084
Free cash flow 1 million yen (¥) -3,050 2,594 7,882 5,496 12,013

Major Indicators

Fiscal Year March
2013
March
2014
March
2015
March
2016
March
2017
Operating income margin 8.4% 9.7% 10.9% 10.6% 10.9%
Ordinary income margin 8.5% 10.1% 11.3% 10.8% 11.1%
ROE 7.7% 9.3% 10.9% 9.0% 9.9%
D/E ratio(net) 0.16 0.13 0.07 0.06 0.00

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

Per Share Data

Fiscal Year March
2013
March
2014
March
2015
March
2016
March
2017
Net income yen 39.69 54.58 75.65 68.24 78.03
Net assets yen 545.14 632.94 750.63 759.27 815.10
Cash devidends (Annual Total) yen 7 10 16 20 24