JP-listed companies
NORITZ CORPORATION

NORITZ CORPORATIONJP:5943

Market cap

¥90.9B

P/E ratio

76.8x

Income statement Balance sheet Cash flow

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Cash and deposits	-	23,944	27,090	21,439	27,769	36,904	35,018	39,278	31,591	30,821	43,432	36,253	26,137
Notes and accounts receivable - trade, and contract assets	-	-	-	-	-	-	-	-	-	-	-	43,403	44,009
Notes receivable - trade	-	-	-	-	-	-	-	-	-	-	-	3,952	4,555
Electronically recorded monetary claims - operating	-	-	-	-	7,734	10,934	13,184	13,154	14,501	12,278	9,333	15,161	12,006
Accounts receivable - trade	-	-	-	-	-	-	-	-	-	-	-	39,451	39,453
Inventories	-	11,980	16,454	20,544	18,407	16,855	19,728	20,077	20,037	17,470	22,033	32,223	33,821
Other	-	4,652	6,072	5,831	4,500	3,798	4,912	5,186	5,209	4,479	6,254	6,319	6,640
Merchandise and finished goods	-	7,059	9,941	11,797	10,264	9,444	11,469	12,522	12,362	11,527	11,978	19,730	19,226
Allowance for doubtful accounts	-	-117	-235	-257	-293	-122	-128	-296	-375	-420	-447	-1,179	-1,095
Work in process	-	509	702	777	733	673	1,109	847	850	592	1,370	1,169	1,098
Current assets	-	101,081	111,041	114,242	109,546	115,075	120,146	123,626	117,922	108,052	112,010	132,183	121,518
Raw materials and supplies	-	4,410	5,809	7,968	7,409	6,737	7,150	6,707	6,824	5,351	8,684	11,323	13,496
Other	-	4,652	6,072	5,831	4,500	3,798	4,912	5,186	5,209	4,479	6,254	6,319	6,640
Allowance for doubtful accounts	-	-117	-235	-257	-293	-122	-128	-296	-375	-420	-447	-1,179	-1,095
Current assets	-	101,081	111,041	114,242	109,546	115,075	120,146	123,626	117,922	108,052	112,010	132,183	121,518
Buildings and structures, net	-	11,945	15,003	16,452	15,952	15,426	16,457	14,592	14,647	13,658	13,055	12,542	12,687
Machinery, equipment and vehicles, net	-	4,599	6,201	7,937	6,635	6,253	6,773	6,302	6,232	5,632	6,011	6,361	7,010
Land	-	10,290	10,018	9,983	9,703	9,541	9,503	9,486	9,521	9,300	9,291	9,269	9,363
Construction in progress	-	1,174	656	619	521	2,798	660	870	511	309	781	1,110	2,684
Other, net	-	1,989	3,240	3,053	2,926	2,558	2,587	2,474	5,057	4,427	4,726	4,706	4,777
Property, plant and equipment	-	29,999	35,121	38,047	35,739	36,578	35,982	33,726	35,969	33,327	33,865	33,990	36,523
Land	-	10,290	10,018	9,983	9,703	9,541	9,503	9,486	9,521	9,300	9,291	9,269	9,363
Construction in progress	-	1,174	656	619	521	2,798	660	870	511	309	781	1,110	2,684
Property, plant and equipment	-	29,999	35,121	38,047	35,739	36,578	35,982	33,726	35,969	33,327	33,865	33,990	36,523
Goodwill	-	-	6,834	5,624	816	698	634	480	2,063	1,624	1,519	1,446	1,213
Other	-	2,281	3,536	10,257	9,591	8,277	7,388	6,467	8,397	7,604	7,840	8,246	8,546
Intangible assets	-	2,281	10,371	15,881	10,408	8,976	8,022	6,948	10,460	9,228	9,360	9,693	9,759
Investment securities	-	20,619	29,528	31,918	36,206	34,821	42,602	27,707	29,464	31,575	32,256	32,701	32,706
Long-term loans receivable	-	604	620	657	848	802	738	737	300	267	242	1,104	1,125
Deferred tax assets	-	-	-	-	-	-	-	-	2,583	3,251	3,750	4,205	2,843
Long-term loans receivable	-	604	620	657	848	802	738	737	300	267	242	1,104	1,125
Other	-	2,488	3,351	3,353	2,499	2,650	2,656	2,907	2,737	4,113	3,129	3,188	3,378
Allowance for doubtful accounts	-	-369	-911	-882	-468	-376	-171	-157	-134	-90	-89	-91	-84
Investments and other assets	-	26,548	34,790	37,890	41,327	40,411	48,339	35,535	34,951	39,117	39,290	41,108	39,968
Deferred tax assets	-	-	-	-	-	-	-	-	2,583	3,251	3,750	4,205	2,843
Other	-	2,488	3,351	3,353	2,499	2,650	2,656	2,907	2,737	4,113	3,129	3,188	3,378
Allowance for doubtful accounts	-	-369	-911	-882	-468	-376	-171	-157	-134	-90	-89	-91	-84
Investments and other assets	-	26,548	34,790	37,890	41,327	40,411	48,339	35,535	34,951	39,117	39,290	41,108	39,968
Non-current assets	-	58,829	80,283	91,819	87,475	85,966	92,344	76,210	81,382	81,673	82,516	84,791	86,252
Assets	-	159,910	191,324	206,061	197,022	201,041	212,491	198,817	199,305	189,726	194,527	216,974	207,771
Notes and accounts payable - trade	-	33,531	40,937	41,225	38,826	39,263	40,745	39,398	40,941	37,004	34,909	48,360	39,281
Short-term borrowings	-	2,016	3,182	1,800	800	800	800	800	1,252	825	809	2,112	2,527
Short-term borrowings	-	2,016	3,182	1,800	800	800	800	800	1,252	825	809	2,112	2,527
Accounts payable - other	-	7,418	11,038	10,440	9,910	10,256	10,984	10,489	10,294	10,113	11,398	13,443	11,766
Accounts payable - other	-	7,418	11,038	10,440	9,910	10,256	10,984	10,489	10,294	10,113	11,398	13,443	11,766
Income taxes payable	-	2,158	1,619	1,197	624	1,843	1,242	1,812	523	615	1,563	1,598	569
Provision for bonuses	-	1,824	2,016	1,201	720	1,079	1,155	656	486	966	298	947	491
Income taxes payable	-	2,158	1,619	1,197	624	1,843	1,242	1,812	523	615	1,563	1,598	569
Provision for bonuses for directors (and other officers)	-	35	42	34	-	47	51	52	12	3	24	49	11
Provision for product warranties	-	662	1,007	1,240	920	991	980	853	873	844	935	1,142	1,016
Provision For The Repair of Products On recall	-	49	21	449	19	10	87	43	36	34	32	30	29
Provision for bonuses	-	1,824	2,016	1,201	720	1,079	1,155	656	486	966	298	947	491
Provision for loss on business liquidation	-	-	-	-	-	-	-	175	-	15	13	12	5
Provision for bonuses for directors (and other officers)	-	35	42	34	-	47	51	52	12	3	24	49	11
Other	-	5,531	7,110	9,595	9,342	10,506	9,234	8,351	8,746	8,489	8,623	12,548	11,125
Provision for product warranties	-	662	1,007	1,240	920	991	980	853	873	844	935	1,142	1,016
Current liabilities	-	53,228	66,976	68,039	61,164	64,800	65,279	62,632	63,167	58,913	58,608	80,245	66,824
Provision For The Repair of Products On recall	-	49	21	449	19	10	87	43	36	34	32	30	29
Provision for loss on business liquidation	-	-	-	-	-	-	-	175	-	15	13	12	5
Other	-	5,531	7,110	9,595	9,342	10,506	9,234	8,351	8,746	8,489	8,623	12,548	11,125
Current liabilities	-	53,228	66,976	68,039	61,164	64,800	65,279	62,632	63,167	58,913	58,608	80,245	66,824
Deferred tax liabilities	-	-	-	-	-	-	-	-	45	113	322	411	2,274
Provision for retirement benefits	-	9,199	8,733	-	-	-	-	-	-	-	-	-	-
Provision for retirement benefits for directors (and other officers)	-	51	45	51	53	42	49	56	70	67	73	65	65
Provision for product warranties	-	307	771	1,425	3,439	6,374	4,324	2,548	2,083	2,120	2,057	2,212	2,007
Retirement benefit liability	-	-	-	11,508	11,626	13,368	13,460	14,212	13,101	11,138	10,772	9,773	5,070
Other	-	4,279	4,373	4,439	4,435	4,723	4,816	4,927	6,026	6,361	6,459	4,609	4,861
Non-current liabilities	-	13,957	14,674	19,777	22,126	24,763	25,680	22,130	21,336	19,841	19,725	17,072	14,279
Liabilities	-	67,185	81,651	87,816	83,291	89,564	90,960	84,763	84,503	78,755	78,333	97,318	81,104
Share capital	-	20,167	20,167	20,167	20,167	20,167	20,167	20,167	20,167	20,167	20,167	20,167	20,167
Capital surplus	-	22,956	22,956	22,956	22,956	22,956	22,956	22,956	22,956	22,956	22,963	22,956	22,956
Capital surplus	-	22,956	22,956	22,956	22,956	22,956	22,956	22,956	22,956	22,956	22,963	22,956	22,956
Retained earnings	-	53,633	58,539	60,583	55,120	58,244	62,114	66,361	66,347	61,767	64,995	64,309	62,410
Retained earnings	-	53,633	58,539	60,583	55,120	58,244	62,114	66,361	66,347	61,767	64,995	64,309	62,410
Treasury shares	-	-5,081	-5,084	-5,088	-5,093	-5,096	-5,114	-5,105	-6,106	-7,543	-7,509	-7,486	-7,215
Shareholders' equity	-	91,677	96,579	98,620	93,152	96,273	100,125	104,381	103,365	97,349	100,618	99,948	98,320
Valuation difference on available-for-sale securities	-	1,259	7,265	10,162	14,040	12,933	17,908	8,193	9,897	11,023	8,549	8,287	11,421
Deferred gains or losses on hedges	-	-	3	991	-52	-1	-	-	-	12	24	-129	54
Valuation and translation adjustments	-	1,041	10,103	14,807	16,393	11,069	17,052	5,630	7,600	9,799	11,341	15,326	23,657
Foreign currency translation adjustment	-	-217	2,834	5,185	3,823	1,980	2,410	597	-41	-294	3,577	7,858	9,995
Remeasurements of defined benefit plans	-	-	-	-1,531	-1,419	-3,843	-3,267	-3,159	-2,255	-942	-810	-690	2,186
Valuation and translation adjustments	-	1,041	10,103	14,807	16,393	11,069	17,052	5,630	7,600	9,799	11,341	15,326	23,657
Share acquisition rights	-	-	-	-	-	32	63	93	110	127	137	78	78
Net assets	85,621	92,724	109,673	118,244	113,731	111,477	121,531	114,053	114,801	110,971	116,193	119,656	126,667
Non-controlling interests	-	-	-	-	4,185	4,101	4,290	3,948	3,724	3,694	4,096	4,303	4,610
Net assets	85,621	92,724	109,673	118,244	113,731	111,477	121,531	114,053	114,801	110,971	116,193	119,656	126,667
Liabilities and net assets	-	159,910	191,324	206,061	197,022	201,041	212,491	198,817	199,305	189,726	194,527	216,974	207,771