Financial Highlights

Financial Data (Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2015 Fiscal year ended March 31, 2016 Fiscal year ended March 31, 2017
Net sales 1,822,747 2,291,212 2,581,028
Operating income -478,264 -267,602 -77,659
Ordinary income -169,512 -297,793 -118,588
Net income -176,591 -175,645 -126,338
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 5,249,642 5,049,152 4,966,555
Total liabilities and net assets 6,552,864 6,277,980 6,206,460
Capital adequacy ratio (%) 79.3 76.4 75.8

Summary of Statements of Income (Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2015 Fiscal year ended March 31, 2016 Fiscal year ended March 31, 2017
Net sales 1,822,747 2,291,212 2,581,028
Cost of sales 611,354 889,294 918,605
Gross profit 1,211,393 1,401,917 1,662,422
Selling, general, and administrative expenses 1,689,657 1,669,519 1,740,082
Operating income -478,264 -267,602 -77,659
Non-operating income 303,382 28,951 24,700
Non-operating expenses -5,369 59,142 65,629
Ordinary income -169,512 -297,793 -118,588
Extraordinary income - 193,403 -
Extraordinary losses - 63,069 -
Net income -176,591 -175,645 -126,338

Balance Sheet Summary(Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2015 Fiscal year ended March 31, 2016 Fiscal year ended March 31, 2017
Current assets 5,267,809 5,044,701 4,703,832
Fixed assets 1,285,054 1,233,278 1,502,628
Total assets 6,552,864 6,277,980 6,206,460
Current liabilities 498,774 430,463 430,737
Fixed liabilities 804,447 798,363 809,167
Total liabilities 1,303,222 1,228,827 1,239,905
Total shareholder’s equity 5,249,642 5,049,152 4,966,555
Total liabilities and net assets 6,552,864 6,277,980 6,206,460

Cash Flows (Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year ended March 31, 2015 Fiscal year ended March 31, 2016 Fiscal year ended March 31, 2017
Cash flow from operating activities -268,968 -187,955 -39,196
Cash flow from investing activities 1,974,479 810,712 -592,036
Cash flow from financing activities 6,898 220,017 30,000
Cash and cash equivalents at the end of the year 3,387,600 4,048,206 3,428,289