Financial Highlights

Financial Data (Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2016 Fiscal year ended March 31, 2017 Fiscal year ended March 31, 2018
Net sales 2,291,212 2,581,028 3,683,329
Operating income -267,602 -77,659 647,982
Ordinary income -297,793 -118,588 610,562
Net income -175,645 -126,338 496,513
Capital stock 4,973,097 4,973,097 4,973,097
Shares issued and outstanding(number of shares) 15,929,405 15,929,405 15,929,405
Total shareholder’s equity 5,049,152 4,966,555 5,504,374
Total liabilities and net assets 6,277,980 6,206,460 7,212,718
Capital adequacy ratio (%) 76.4 75.8 73.2

Summary of Statements of Income (Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2016 Fiscal year ended March 31, 2017 Fiscal year ended March 31, 2018
Net sales 2,291,212 2,581,028 3,683,329
Cost of sales 889,294 918,605 1,026,831
Gross profit 1,401,917 1,662,422 2,656,498
Selling, general, and administrative expenses 1,669,519 1,740,082 2,008,515
Operating income -267,602 -77,659 647,982
Non-operating income 28,951 24,700 78,688
Non-operating expenses 59,142 65,629 116,108
Ordinary income -297,793 -118,588 610,562
Extraordinary income 193,403 - 9,364
Extraordinary losses 63,069 - 30,042
Net income -175,645 -126,338 496,513

Balance Sheet Summary(Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2016 Fiscal year ended March 31, 2017 Fiscal year ended March 31, 2018
Current assets 5,044,701 4,703,832 5,701,528
Fixed assets 1,233,278 1,502,628 1,511,190
Total assets 6,277,980 6,206,460 7,212,718
Current liabilities 430,463 430,737 736,819
Fixed liabilities 798,363 809,167 971,524
Total liabilities 1,228,827 1,239,905 1,708,344
Total shareholder’s equity 5,049,152 4,966,555 5,504,374
Total liabilities and net assets 6,277,980 6,206,460 7,212,718

Cash Flows (Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year ended March 31, 2016 Fiscal year ended March 31, 2017 Fiscal year ended March 31, 2018
Cash flow from operating activities -187,955 -39,196 868,602
Cash flow from investing activities 810,712 -592,036 -142,457
Cash flow from financing activities 220,017 30,000 183,287
Cash and cash equivalents at the end of the year 4,048,206 3,428,289 4,237,053