Financial Highlights

Financial Data (Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 Fiscal year ended March 31, 2023
Net sales 4,431,512 4,461,103 5,180,063
Operating income 679,732 823,210 1,080,756
Ordinary income 745,741 929,614 1,121,637
Net income 623,862 448,318 867,799
Capital stock 6,906,795 6,930,315 6,930,315
Shares issued and outstanding(number of shares) 18,332, 724 18,392,724 18,392,724
Total shareholder’s equity 11,523,528 11,720,772 9,707,792
Total liabilities and net assets 12,614,520 13,172,611 14,828,392
Capital adequacy ratio (%) 91.3 88.9 65.4

Summary of Statements of Income (Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 Fiscal year ended March 31, 2023
Net sales 4,431,512 4,461,103 5,180,063
Cost of sales 1,248,142 1,114,869 1,318,440
Gross profit 3,183,370 3,346,233 3,861,622
Selling, general, and administrative expenses 2,503,637 2,523,023 2,780,866
Operating income 679,732 823,210 1,080,756
Non-operating income 90,469 120,166 55,717
Non-operating expenses 24,460 13,761 14,835
Ordinary income 745,741 929,614 1,121,637
Extraordinary income 54,795 8,025 35,201
Extraordinary losses 33,559 219,607 940
Net income 623,862 448,318 867,799

Balance Sheet Summary(Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 Fiscal year ended March 31, 2023
Current assets 8,801,263 9,801,699 9,634,307
Fixed assets 3,813,256 3,370,912 5,194,084
Total assets 12,614,520 13,172,611 14,828,392
Current liabilities 988,599 1,354,787 2,362,729
Fixed liabilities 102,392 97,051 2,757,870
Total liabilities 1,090,991 1,451,839 5,120,600
Total shareholder’s equity 11,523,528 11,720,772 9,707,792
Total liabilities and net assets 12,614,520 13,172,611 14,828,392

Cash Flows (Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 Fiscal year ended March 31, 2023
Cash flow from operating activities 1,232,821 1,149,881 1,622,220
Cash flow from investing activities -402,197 -367,756 -2,861,462
Cash flow from financing activities 601,325
Cash and cash equivalents at the end of the year 5,855,916 6,690,340 5,704,637