Financial Highlights

Net Sales

Ordinary Income

Consolidated Results

※Millions of Yen, unless stated otherwise

Years ended March 31	2018	2019	2020	2022	2022
Net sales	185,818	262,452	210,721	363,278	393,843
Ordinary income	9,437	△1,521	△4,762	21,664	28,856
Net income	7,721	△3,717	△6,870	15,267	20,743
Net assets	200,200	182,202	179,887	198,845	216,024
Total assets	374,246	327,963	319,360	377,911	401,218
Equity ratio	52.3	54.4	55.9	52.1	53.4
Net assets per share (yen)※	3,481	3,273	3,274	3,615	3,934
Earnings per share (yen)※	237.8	△67.1	△126.1	280.1	380.7
Cash flows from operating activities	10,792	39,425	22,313	7,086	12,155
Cash flows from investing activities	△69,046	△12,463	△19,412	△13,298	△12,766
Cash flows from financial activities	65,929	△21,093	△5,473	2,286	8,525
Cash and cash equivalents at end of year	21,792	27,219	24,881	21,857	30,986
Number of employees at end of period (persons)	6,835	6,726	6,441	6,402	6,285

※We conducted a one-for-five reverse stock split of our company's shares effective on October 1, 2017.
Earnings Per Share and Net Assets Per Share are adjusted after the one-for-five reverse stock split.

Non-Consolidated Results

※Millions of Yen, unless stated otherwise

Years ended March 31	2018	2019	2020	2021	2022
Net sales	162,804	134,624	103,644	168,826	193,248
Ordinary income	10,164	3,978	2,206	9,948	10,210
Net income	7,162	△954	△1,670	6,223	7,506
Capital	53,800	53,800	53,800	53,800	53,800
The number of shares outstanding	33,424,807	54,507,307	54,507,307	54,507,307	54,507,307
Net assets	186,781	179,514	178,924	182,414	184,974
Total assets	274,911	250,908	242,838	268,204	280,335
Equity ratio (%)	67.9	71.5	73.7	68.0	66.00
Net assets per share (yen)※	3,322.03	3,294.20	3,283.60	3,347.80	3,394.91
Net annual dividend amount per share(yen)※	69.0	15.5	-	90.0	100.0
Earnings per share (yen)※	220.54	△17.24	△30.66	114.22	137.77
Number of employees at end of period (persons)	1,348	1,366	1,602	1,611	1,623