Financial Highlights
- Business Results
- Financial Position
- Cash Flows
- Major Indicators
- Per Share Data
Business Results
(Millions of yen)
| 2019/2 | 2020/2 | 2021/2 | 2022/2 | 2023/2 | |
|---|---|---|---|---|---|
| Operating revenues | 47,118 | 44,970 | 39,449 | 38,123 | 39,508 |
| Gross profit | 27,115 | 25,780 | 21,294 | 19,672 | 19,727 |
| Selling, general and administrative expenses |
22,171 | 21,804 | 18,527 | 17,884 | 17,748 |
| Operating income | 4,984 | 3,975 | 2,767 | 1,788 | 1,979 |
| Ordinary income | 6,804 | 4,312 | 3,195 | 2,293 | 2,342 |
| Net income | 2,440 | 2,475 | 1,622 | 1,490 | 1,149 |
Operating revenues
Operating income
Ordinary income
Net income
1. The Company applied “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020) from the beginning of the fiscal year ending February 28, 2023. Figures for the fiscal year ending February 28, 2023, are after application of this accounting standard.
2. From the beginning of the fiscal year ending February 28, 2023, the presentation of real estate lease revenue has been changed to recording in “Net sales,” and rental expenses on real estate to “Cost of sales.” Consolidated financial statements from the fiscal year ending February 28, 2022, have been recombined to reflect this change in presentation method.
Financial Position
(Millions of yen)
| 2019/2 | 2020/2 | 2021/2 | 2022/2 | 2023/2 | |
|---|---|---|---|---|---|
| Total assets | 59,934 | 53,737 | 53,000 | 56,884 | 50,211 |
| Net assets | 43,587 | 39,588 | 39,543 | 42,917 | 38,214 |
| Interest bearing debt | 175 | 82 | 0 | 0 | 0 |
Total assets
Net assets
Interest bearing debt
Cash Flows
(Millions of yen)
| 2019/2 | 2020/2 | 2021/2 | 2022/2 | 2023/2 | |
|---|---|---|---|---|---|
| Cash flows from operating activities | 1,664 | 2,433 | 6,633 | 1,871 | 3,103 |
| Cash flows from investing activities | 5,407 | 72 | △2,169 | 106 | △2,371 |
| Cash flows from financing activities | △9,344 | △5,468 | △2,515 | 1,816 | △1,834 |
| Free cash flows* | 7,071 | 2,505 | 4,464 | 1,977 | 732 |
Note: Free cash flows = Cash flows from operating activities + Cash flows from investing activities
Major Indicators
| 2019/2 | 2020/2 | 2021/2 | 2022/2 | 2023/2 | |
|---|---|---|---|---|---|
| Gross margin (%) | 57.6 | 57.3 | 54.0 | 51.6 | 49.9 |
| Operating margin (%) | 10.6 | 8.8 | 7.0 | 4.7 | 5.0 |
| Return on assets(ROA) (%) | 3.9 | 4.3 | 3.0 | 2.7 | 2.1 |
| Return on equity(ROE) (%) | 5.0 | 6.0 | 4.1 | 3.6 | 2.8 |
| Shareholders' equity ratio (%) | 72.6 | 73.5 | 74.6 | 75.4 | 76.0 |
| Current ratio (%) | 205.5 | 216.2 | 229.6 | 273.5 | 233.3 |
| Debt equity ratio (times) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Gross margin
Operating margin
Return on assets (ROA)
Return on equity (ROE)
Current ratio
Debt equity ratio
Per Share Data
(Yen)
| 2019/2 | 2020/2 | 2021/2 | 2022/2 | 2023/2 | |
|---|---|---|---|---|---|
| Net income per share | 96.03 | 112.18 | 75.00 | 69.56 | 53.61 |
| Net assets per share | 1,883.28 | 1,822.10 | 1,844.70 | 2,001.20 | 1,780.71 |
| Cash dividends per share | 75 | 80 | 81 | 83 | 83 |
Net income per share
Net assets per share
Cash dividends per share
