Includes financial results for the past five years.
Quarterly Highlights (Fiscal Year Ending December 2023, 2Q)
During the consolidated first half under review, net sales grew to ¥48,002 million (up 6.0% YOY), driven by the Japan and China businesses as well as depreciation of the yen. In earnings, rising sales boosted income, while gross profit margin improved by 2.7 points YOY, absorbing an increase in selling, general and administrative expenses. Operating income climbed to ¥6,511 million (up 27.2% YOY), ordinary income improved to ¥7,117 million (up 11.1% YOY) and net income attributable to owners of parent expanded to ¥4,566 million (up 14.4% YOY).
Millions of Yen
Millions of Yen
| 1Q | 2Q | 3Q | Full Year | Forecast | |
|---|---|---|---|---|---|
| Net sales | 23,613 | 48,002 | 100,000 | ||
| Operating income | 3,404 | 6,511 | 12,400 | ||
| Ordinary income | 3,791 | 7,117 | 12,400 | ||
| Net income | 2,438 | 4,566 | 8,100 |
Performance Highlights (Consolidated Five-Year Summary)
Millions of Yen
Millions of Yen
Millions of Yen
Millions of Yen
| FY ended Jan. 2019 | FY ended Dec. 2019 | FY ended Dec. 2020 | FY ended Dec. 2021 | FY ended Dec. 2022 | |
|---|---|---|---|---|---|
| Net sales | 104,747 | 100,017 | 99,380 | 93,080 | 94,921 |
| Operating income | 19,612 | 17,072 | 15,316 | 13,336 | 12,195 |
| Ordinary income | 20,398 | 17,284 | 16,113 | 14,648 | 13,465 |
| Net income | 14,238 | 11,538 | 10,643 | 8,785 | 8,581 |