Highlights
Key financial l indicators (Years ended March 31)
| Index | Unit | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 Forecast |
|---|---|---|---|---|---|---|---|
| Net sales | (Millions of JPY) | 364,234 | 323,249 | 320,322 | 411,865 | 460,834 | 500,000 |
| Operating income | (Millions of JPY) | 29,645 | 12,561 | 24,492 | 61,273 | 76,452 | 88,500 |
| Operating income ratio | (%) | 8.1 | 3.9 | 7.6 | 14.9 | 16.6 | 17.7 |
|
Profit attributable to owners of parent |
(Millions of JPY) | 18,059 | 5,010 | 15,164 | 45,481 | 57,491 | 64,000 |
| Depreciation and amortization | (Millions of JPY) | 6,883 | 8,860 | 9,628 | 9,500 | 8,799 | 11,000 |
| Capital expenditures | (Millions of JPY) | 24,088 | 7,984 | 7,842 | 13,409 | 29,015 | 30,000 |
| R&D expenses | (Millions of JPY) | 22,825 | 21,525 | 21,506 | 24,035 | 24,760 | 29,000 |
| Basic earnings per share | (JPY) | 387.10 | 107.37 | 325.21 | 976.55 | 1,216.33 | 674.83*2 |
| Total assets | (Millions of JPY) | 380,915 | 347,964 | 382,632 | 459,305 | 562,816 | - |
| Net assets | (Millions of JPY) | 179,133 | 174,142 | 208,548 | 247,788 | 299,926 | - |
| Equity ratio | (%) | 47.0 | 50.0 | 54.5 | 53.9 | 53.3 | - |
| Return on equity*1 | (%) | 10.3 | 2.8 | 7.9 | 19.9 | 21.0 | - |
| Cash dividends per share | (JPY) | 97.00 | 30.00 | 90.00 | 293.00 | 365.00 | -*3 |
Note:
*1 Return on equity = Profit attributable to owners of parent / Average equity × 100%
*2 FY2024/03 basic earnings forecast is calculated factoring in the impact of the stock split.
*3 FY2024/03 dividend forecast is not shown since it cannot be simply summed up due to the stock split.
Performance trends by segment (Years ended March 31)
| Unit | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | |
|---|---|---|---|---|---|---|
| Net sales (Company) | (Billions of JPY) | 364.2 | 323.2 | 320.3 | 411.8 | 460.8 |
| (SPE) | (Billions of JPY) | 252.5 | 230.5 | 235.5 | 319.3 | 370.9 |
| (GA) | (Billions of JPY) | 48.2 | 45.5 | 37.4 | 43.3 | 45.6 |
| (FT) | (Billions of JPY) | 49.2 | 35.1 | 34.7 | 33.2 | 26.1 |
| (PE) | (Billions of JPY) | 12.3 | 10.0 | 10.4 | 13.3 | 16.8 |
| Operating income (Company) (Operating income ratio) |
(Billions of JPY) （％） |
29.6 8.1 |
12.5 3.9 |
24.4 7.6 |
61.2 14.9 |
76.4 16.6 |
|
(SPE) |
(Billions of JPY) （％） |
25.8 10.2 |
16.1 7.0 |
25.9 11.0 |
62.8 19.7 |
76.9 20.7 |
| (GA) |
(Billions of JPY) （％） |
1.1 2.4 |
1.4 3.2 |
0.5 1.4 |
1.6 3.8 |
3.3 7.4 |
| (FT) |
(Billions of JPY) （％） |
3.7 7.7 |
(2.5) -7.3 |
0.4 1.3 |
0.5 1.8 |
(1.8) -7.0 |
| (PE) |
(Billions of JPY) （％） |
0.7 6.2 |
(0.2) -2.6 |
0.7 7.4 |
2.0 15.6 |
3.3 19.9 |
Cash Flows (Years ended March 31)
|
|
FY2021 | FY2022 | FY2023 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Billions of JPY) | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q |
| Operating CF | (1.1) | 19.5 | 14.5 | 24.2 | 18.5 | 23.1 | 21.9 | 18.0 | 29.2 | (9.1) | 33.4 | 20.2 |
| Investing CF | (0.7) | (0.7) | (2.1) | (2.5) | (1.6) | (1.1) | (1.8) | (5.2) | 1.7 | (4.5) | (2.6) | (7.0) |
| FCF | (1.9) | 18.8 | 12.3 | 21.6 | 16.8 | 21.9 | 20.1 | 12.7 | 31.0 | (13.6) | 30.8 | 13.2 |
| Financing CF | 30.8 | (36.2) | (10.0) | (11.6) | (4.4) | 0.4 | (0.3) | (0.5) | (19.3) | (0.7) | (0.3) | (0.4) |