JP-listed companies

JP:9260

Market cap

¥19.4B

P/E ratio

3.1x

Income statement Balance sheet Cash flow

	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	-	24,452	31,303	28,520	39,130	52,718	65,647	75,787	93,942
Notes and accounts receivable - trade	-	17,633	18,816	19,547	19,407	18,510	22,454	29,317	33,398
Accounts receivable - trade	-	-	-	-	-	-	-	29,313	33,391
Inventories	-	21,266	23,185	25,425	26,672	25,223	34,497	42,584	46,530
Other	-	1,248	2,066	1,604	2,925	2,196	2,539	3,765	4,186
Allowance for doubtful accounts	-	-335	-262	-158	-175	-527	-402	-423	-466
Current assets	-	65,137	75,663	75,124	87,960	98,121	124,737	151,030	177,591
Other	-	1,248	2,066	1,604	2,925	2,196	2,539	3,765	4,186
Current assets	-	65,137	75,663	75,124	87,960	98,121	124,737	151,030	177,591
Buildings and structures, net	-	2,356	2,455	1,857	2,609	2,408	2,909	2,839	3,775
Tools, furniture and fixtures, net	-	109	105	75	208	407	357	325	353
Machinery, equipment and vehicles, net	-	417	451	374	438	458	421	462	638
Property, plant and equipment	-	3,499	3,538	2,771	3,910	4,573	5,344	15,079	18,544
Tools, furniture and fixtures, net	-	109	105	75	208	407	357	325	353
Leased assets, net	-	298	246	185	467	779	1,453	11,198	12,850
Other, net	-	318	280	279	186	520	201	252	926
Property, plant and equipment	-	3,499	3,538	2,771	3,910	4,573	5,344	15,079	18,544
Goodwill	-	919	760	671	-	4,187	4,096	4,546	8,298
Software	-	149	195	168	417	330	290	326	1,759
Software	-	149	195	168	417	330	290	326	1,759
Software in progress	-	-	40	303	12	438	790	1,221	244
Software in progress	-	-	40	303	12	438	790	1,221	244
Customer relationship	-	1,985	1,174	815	330	3,877	4,415	4,754	3,486
Intangible assets	-	3,170	2,245	2,028	823	8,891	9,644	10,899	13,834
Other	-	116	114	69	62	57	51	51	45
Intangible assets	-	3,170	2,245	2,028	823	8,891	9,644	10,899	13,834
Investment securities	-	129	1,303	1,255	1,164	288	262	392	575
Guarantee deposits	-	361	365	1,058	926	843	893	967	1,042
Deferred tax assets	-	-	-	-	1,092	791	746	703	776
Guarantee deposits	-	361	365	1,058	926	843	893	967	1,042
Other	-	50	762	810	777	161	148	149	114
Other	-	50	762	810	777	161	148	149	114
Investments and other assets	-	914	3,230	3,979	3,893	2,020	2,043	2,213	2,509
Investments and other assets	-	914	3,230	3,979	3,893	2,020	2,043	2,213	2,509
Non-current assets	-	7,583	9,014	8,779	8,627	15,485	17,032	28,191	34,888
Assets	-	72,721	84,336	83,719	96,587	113,606	141,769	179,222	212,479
Notes and accounts payable - trade	-	8,772	9,959	11,540	9,993	10,930	15,269	15,171	19,062
Accounts payable - other	-	3,111	2,322	2,740	2,592	2,445	3,347	3,518	3,142
Short-term borrowings	-	4,194	4,935	2,640	2,890	3,513	3,395	6,528	12,805
Income taxes payable	-	367	195	700	144	383	363	213	192
Current portion of long-term borrowings	-	143	151	140	143	371	9,221	448	3,258
Provision for bonuses	-	540	525	538	641	823	1,279	1,427	1,182
Lease liabilities	-	62	60	52	206	290	386	2,479	2,795
Provision for bonuses for directors (and other officers)	-	-	-	-	137	88	157	142	167
Accounts payable - other	-	3,111	2,322	2,740	2,592	2,445	3,347	3,518	3,142
Provision for share-based payments	-	-	-	-	-	-	-	-	296
Provision for shareholder benefit program	-	-	-	5	7	11	15	23	22
Income taxes payable	-	367	195	700	144	383	363	213	192
Other	-	1,638	1,497	1,816	2,301	2,635	3,256	3,660	4,821
Provision for bonuses	-	540	525	538	641	823	1,279	1,427	1,182
Current liabilities	-	18,830	19,648	20,176	19,058	21,493	36,693	33,613	47,748
Provision for bonuses for directors (and other officers)	-	-	-	-	137	88	157	142	167
Provision for share-based payments	-	-	-	-	-	-	-	-	296
Provision for shareholder benefit program	-	-	-	5	7	11	15	23	22
Other	-	1,638	1,497	1,816	2,301	2,635	3,256	3,660	4,821
Current liabilities	-	18,830	19,648	20,176	19,058	21,493	36,693	33,613	47,748
Long-term borrowings	-	12,542	12,612	9,351	22,215	36,267	40,015	60,573	70,051
Deferred tax liabilities	-	-	-	-	66	1,059	1,209	1,204	968
Lease liabilities	-	237	191	135	265	486	1,115	9,250	10,352
Provision for share-based payments	-	-	-	-	-	-	-	455	937
Deferred tax liabilities	-	-	-	-	66	1,059	1,209	1,204	968
Other	-	361	406	378	413	1,043	2,494	1,853	2,426
Provision for bonuses	-	-	-	-	-	35	135	86	21
Non-current liabilities	-	14,911	14,934	12,021	25,191	41,270	45,213	73,553	84,864
Provision for share-based payments	-	-	-	-	-	-	-	455	937
Retirement benefit liability	-	897	1,007	1,467	1,527	1,731	131	129	106
Other	-	361	406	378	413	1,043	2,494	1,853	2,426
Non-current liabilities	-	14,911	14,934	12,021	25,191	41,270	45,213	73,553	84,864
Liabilities	-	33,741	34,583	32,197	44,250	62,763	81,906	107,166	132,613
Share capital	-	100	2,646	2,646	2,646	2,646	2,646	2,646	2,646
Capital surplus	-	774	6,531	6,531	6,531	6,531	6,531	6,531	6,145
Capital surplus	-	774	6,531	6,531	6,531	6,531	6,531	6,531	6,145
Retained earnings	-	36,111	39,173	42,229	43,112	43,339	47,578	52,435	56,479
Retained earnings	-	36,111	39,173	42,229	43,112	43,339	47,578	52,435	56,479
Treasury shares	-	-5	-	-	-	-	-	-	-1
Shareholders' equity	-	36,980	48,351	51,406	52,290	52,517	56,755	61,612	65,270
Valuation difference on available-for-sale securities	-	11	15	6	8	1	8	15	25
Valuation and translation adjustments	-	1,999	1,402	363	46	-2,062	2,684	9,947	14,579
Deferred gains or losses on hedges	-	42	8	-3	6	-	9	-43	-8
Foreign currency translation adjustment	-	1,945	1,378	360	31	-2,045	2,666	9,975	14,561
Valuation and translation adjustments	-	1,999	1,402	363	46	-2,062	2,684	9,947	14,579
Net assets	37,131	38,979	49,753	51,770	52,337	50,842	59,862	72,063	79,866
Non-controlling interests	-	-	-	-	-	387	422	504	17
Net assets	37,131	38,979	49,753	51,770	52,337	50,842	59,862	72,063	79,866
Liabilities and net assets	-	72,721	84,336	83,719	96,587	113,606	141,769	179,222	212,479