Financial Highlight

(\Millions)

Net income

Fiscal year ended		2021.3	2022.3	2023.3	2024.3	2025.3
Net sales	¥ Millions	288,324	321,317	365,525	400,514	410,878
Operating income	¥ Millions	10,370	11,282	12,288	20,340	21,486
Ordinary income	¥ Millions	12,659	14,270	14,816	23,280	24,393
Profit attributable to owners of parent	¥ Millions	8,636	9,327	10,260	26,367	24,757
Comprehensive income	¥ Millions	13,322	12,514	17,481	39,614	23,779
Net assets	¥ Millions	169,063	178,697	192,613	228,285	246,484
Total assets	¥ Millions	307,813	325,869	344,606	386,692	399,226
Net assets per share	¥	2,141.16	2,268.30	2,421.48	2,874.28	3,102.27
Net income per share	¥	112.62	121.59	132.16	338.20	317.27
Equity ratio	%	53.3	53.4	54.8	58.0	60.7
ROE	%	5.43	5.51	5.66	12.78	10.62
PER	times	14.76	13.68	12.16	6.23	7.05
Cash flows from operating activities	¥ Millions	14,804	11,975	15,055	24,022	18,768
Cash flows from investing activites	¥ Millions	(12,585)	(10,103)	(5,026)	(9,489)	(7,807)
Cash flows from financing activities	¥ Millions	2,553	(4,278)	(8,402)	(7,241)	(10,533)
Cash and cash equivalents at end of the year	¥ Millions	35,320	31,215	33,157	40,728	41,471
Number of employees		3,880	3,775	3,848	3,829	3,863

* The Company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, March 31, 2020), etc. since the beginning of fiscal year ended March 31, 2022, and the accounting standard, etc. are applied retroactively to major management indicators, etc. for the fiscal year ended March 31, 2021.
* The Company has introduced a Board Benefit Trust (BBT) since the fiscal 2024. Our shares held by the Custody Bank of Japan, Ltd. (Trust E Account) as the trust property of the said Board Benefit Trust (BBT) are included intreasury shares to be deducted from the calculation of, the average number of shares during the period in the calculation of NetAssets per Share (Yen), Profit per Share and Fully Diluted Profit per Share (Yen).

Financial Highlight (Non - Consolidated)

Fiscal year ended		2021.3	2022.3	2023.3	2024.3	2025.3
Net sales	¥ Millions	181,135	193,558	225,014	248,176	253,240
Operating income	¥ Millions	9,716	9,489	8,942	12,368	13,145
Ordinary income	¥ Millions	10,611	12,496	11,613	15,677	18,719
Net income	¥ Millions	7,591	10,222	3,414	22,159	21,959
Net assets	¥ Millions	140,747	150,552	158,797	186,540	198,324
Total assets	¥ Millions	238,998	257,369	271,119	302,123	313,247
Net assets per share	¥	1,827.68	1,953.89	2,030.01	2,384.85	2,534.42
Dividend per share	¥	36.00	38.00	40.00	66.00	66.00
Interim dividend per share	¥	17.00	18.00	19.00	28.00	33.00
Net income per share	¥	98.76	132.93	43.88	283.65	280.86
Equity ratio	%	58.8	58.4	58.5	61.7	63.3
ROE	%	5.56	7.03	2.21	12.85	11.42
PER	times	16.84	12.51	36.62	7.43	7.96
Number of employees		1,070	1,137	1,156	1,173	1,210

* The Company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, March 31, 2020), etc. since the beginning of fiscal year ended March 31, 2022, and the accounting standard, etc. are applied retroactively to major management indicators, etc. for the fiscal year ended March 31, 2021.
* The Company has introduced a Board Benefit Trust (BBT) since the fiscal 2024. Our shares held by the Custody Bank of Japan, Ltd. (Trust E Account) as the trust property of the said Board Benefit Trust (BBT) are included intreasury shares to be deducted from the calculation of, the average number of shares during the period in the calculation of NetAssets per Share (Yen), Profit per Share and Fully Diluted Profit per Share (Yen).
* Dividends per share for fiscal 2021 includes the company name change commemorative dividend of 2 yen.