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
2014
March
2015
March
2016
March
2017
March
2018
Net sales 1 million yen (¥) 178,022 196,738 203,976 198,762 215,716
Operating income 1 million yen (¥) 17,354 21,427 21,570 21,647 20,694
Ordinary income 1 million yen (¥) 17,993 22,263 22,109 22,004 21,743
Net income attributable to
parent company shareholders
1 million yen (¥) 10,213 14,153 12,766 14,596 14,666
Capital expenditures 1 million yen (¥) 11,372 10,466 15,677 13,995 18,116
Depreciation and amortization 1 million yen (¥) 8,745 9,476 10,402 10,342 11,005

Balance Sheets

Graph: Total Assets, Equity raito Graph: Interest-bearing debt, Net interest-bearing debt raito Graph: R&D expenses
Fiscal Year March
2014
March
2015
March
2016
March
2017
March
2018
Total Assets 1 million yen (¥) 228,840 258,742 254,106 267,215 285,952
Net assets 1 million yen (¥) 118,433 140,439 142,041 152,473 167,916
Equity raito - 51.8% 54.3% 55.9% 57.1% 58.7%
Interest-bearing debt 1 million yen (¥) 36,538 36,907 34,817 34,634 26,581
Net interest-bearing debt 1 million yen (¥) 15,246 9,547 8,394 492 -5,131
Net interest-bearing debt raito - 6.7% 3.7% 3.3% 0.2% -1.8%
R&D expenses 1 million yen (¥) 4,061 4,048 4,300 4,341 4,495
Number of employees - 7,068 7,398 7,579 7,886 8,358

Cash Flows

Fiscal Year March
2014
March
2015
March
2016
March
2017
March
2018
Net cash provided by operating activities 1 million yen (¥) 19,761 22,189 19,090 25,434 27,657
Net cash used in provided by investing activities 1 million yen (¥) -17,166 -14,306 -13,593 -13,420 -17,389
Net cash used in financing activities 1 million yen (¥) -3,196 -2,647 -5,476 -4,084 -13,191
Free cash flow 1 million yen (¥) 2,594 7,882 5,496 12,013 10,268

Major Indicators

Fiscal Year March
2014
March
2015
March
2016
March
2017
March
2018
Operating income margin 9.7% 10.9% 10.6% 10.9% 9.6%
Ordinary income margin 10.1% 11.3% 10.8% 11.1% 10.1%
ROE 9.3% 10.9% 9.0% 9.9% 9.2%
D/E ratio(net) 0.13 0.07 0.06 0.00 -0.03

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

Per Share Data

Fiscal Year March
2014
March
2015
March
2016
March
2017
March
2018
Net income yen 54.58 75.65 68.24 78.03 77.49
Net assets yen 632.94 750.63 759.27 815.10 887.19
Cash devidends (Annual Total) yen 10 16 20 24 24