Financial Highlights

Fact book (Financial affairs and stocks data)(199KB)

During fiscal 2020, the year ended March 31, 2021, the Japanese economy drastically worsened as economic activity came to a standstill due to the global spread of COVID-19, but economic activities, primarily in China, continued to normalize, and a moderate recovery was achieved. However, there are concerns about the worsening of U.S.-China friction and a resurgence of COVID-19, so the future remains uncertain.
Among the Company’s main customers, investment related to digitalization was strong, and trends toward resuming some investments was seen from the third quarter onward in automotive-related and other markets as well.
With restrictions such as limitations on movement in place, the Company’s initiatives included advancing online sales and strengthening activities centered on markets related to 5G and IoT and automated driving and electrification.
As a result, in the consolidated results for fiscal 2020, orders-received decreased 13.8% year on year to ¥37,580 million and net sales decreased 8.9% to ¥38,668 million. On the earnings front, decreased net sales saw operating profit fall 31.3% to ¥2,572 million and profit attributable to owners of parent decreased 30.4% to ¥1,961 million.

Financial Highlights (Consolidated)

		2017/3	2018/3	2019/3	2019/3(Reference)	2020/3	2021/3
Orders-received	(Millions of Yen)	40,289	44,775	50,698	48,008	43,571	37,580
Net sales	(Millions of Yen)	39,507	44,069	50,580	47,060	42,443	38,668
Operating profit	(Millions of Yen)	3,243	4,602	5,827	5,470	3,742	2,572
Ordinary profit	(Millions of Yen)	3,171	4,746	5,851	5,493	3,933	2,840
Profit attributable to owners of parent	(Millions of Yen)	2,233	3,308	4,289	4,030	2,818	1,961
Total assets	(Millions of Yen)	49,044	54,588	57,359	-	57,461	58,607
Net assets	(Millions of Yen)	37,049	39,943	42,088	-	42,731	44,984
Earnings per share	(Yen)	97.85	144.76	187.65	176.32	123.26	85.79
Book value per share	(Yen)	1,621.00	1,747.46	1,841.30	-	1,868.77	1,967.34
Return on assets	(%)	6.5	9.2	10.5	9.9	6.9	4.9
Return on equity	(%)	6.1	8.6	10.5	9.9	6.6	4.5
Shareholders' equity ratio	(%)	75.5	73.2	73.4	-	74.4	76.8

*1 2019/3 was an irregular 15-month fiscal period for overseas consolidated subsidiaries.

*2 2019/3 Reference:Regular year financial results period assuming a 12-month period for overseas consolidated subsidiaries

*3 The Partial Amendments to the Accounting Standard for Tax Effect Accounting (ASBJ Statement No. 28, February 16, 2018) was applied from the beginning of FY2018