Annual report
2664.TEDINET S100O8XW
Period2021-03-16 → 2022-03-15
Filed2022-06-15
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 156
| Metric | Value | Period | Scope | Source row |
|---|---|---|---|---|
| Revenue | ¥279.5bn | 2021-03-16 → 2022-03-15 | Cons. | Net sales |
| Revenue | ¥284.5bn | 2020-03-16 → 2021-03-15 | Cons. | Net sales |
| Revenue | ¥270.3bn | 2019-03-16 → 2020-03-15d | Cons. | Net sales (5-year summary) |
| Revenue | ¥265.8bn | 2018-03-16 → 2019-03-15d | Cons. | Net sales (5-year summary) |
| Revenue | ¥268.2bn | 2017-03-16 → 2018-03-15d | Cons. | Net sales (5-year summary) |
| Operating income | ¥7.7bn | 2021-03-16 → 2022-03-15 | Cons. | Operating income |
| Operating income | ¥10.6bn | 2020-03-16 → 2021-03-15 | Cons. | Operating income |
| Ordinary income | ¥8.7bn | 2021-03-16 → 2022-03-15 | Cons. | Ordinary income |
| Ordinary income | ¥11.6bn | 2020-03-16 → 2021-03-15 | Cons. | Ordinary income |
| Ordinary income | ¥6.6bn | 2019-03-16 → 2020-03-15d | Cons. | Ordinary income loss (5-year summary) |
| Ordinary income | ¥5.5bn | 2018-03-16 → 2019-03-15d | Cons. | Ordinary income loss (5-year summary) |
| Ordinary income | ¥6.1bn | 2017-03-16 → 2018-03-15d | Cons. | Ordinary income loss (5-year summary) |
| Profit before tax | ¥7.7bn | 2021-03-16 → 2022-03-15 | Cons. | Income before income taxes |
| Profit before tax | ¥10.6bn | 2020-03-16 → 2021-03-15 | Cons. | Income before income taxes |
| Net income (owners) | ¥4.8bn | 2021-03-16 → 2022-03-15 | Cons. | Profit loss attributable to owners of parent |
| Net income (owners) | ¥7.1bn | 2020-03-16 → 2021-03-15 | Cons. | Profit loss attributable to owners of parent |
| Net income (owners) | ¥3.8bn | 2019-03-16 → 2020-03-15d | Cons. | Profit loss attributable to owners of parent (5-year summary) |
| Net income (owners) | ¥2.0bn | 2018-03-16 → 2019-03-15d | Cons. | Profit loss attributable to owners of parent (5-year summary) |
| Net income (owners) | ¥3.9bn | 2017-03-16 → 2018-03-15d | Cons. | Profit loss attributable to owners of parent (5-year summary) |
| Net income | ¥4.8bn | 2021-03-16 → 2022-03-15 | Cons. | Profit loss |
| Net income | ¥7.1bn | 2020-03-16 → 2021-03-15 | Cons. | Profit loss |
| Total assets | ¥191.7bn | at 2022-03-15 | Cons. | Assets |
| Total assets | ¥194.1bn | at 2021-03-15 | Cons. | Assets |
| Total assets | ¥188.2bn | at 2020-03-15d | Cons. | Total assets (5-year summary) |
| Total assets | ¥182.9bn | at 2019-03-15d | Cons. | Total assets (5-year summary) |
| Total assets | ¥183.3bn | at 2018-03-15d | Cons. | Total assets (5-year summary) |
| Total liabilities | ¥87.1bn | at 2022-03-15 | Cons. | Liabilities |
| Total liabilities | ¥93.2bn | at 2021-03-15 | Cons. | Liabilities |
| Net assets / equity | ¥104.6bn | at 2022-03-15 | Cons. | Net assets |
| Net assets / equity | ¥100.9bn | at 2021-03-15 | Cons. | Net assets |
| Net assets / equity | ¥94.7bn | at 2020-03-15d | Cons. | Net assets |
| Net assets / equity | ¥92.9bn | at 2019-03-15d | Cons. | Net assets (5-year summary) |
| Net assets / equity | ¥91.9bn | at 2018-03-15d | Cons. | Net assets (5-year summary) |
| Cash and deposits | ¥39.0bn | at 2022-03-15 | Cons. | Cash and deposits |
| Cash and deposits | ¥41.2bn | at 2021-03-15 | Cons. | Cash and deposits |
| Cash & equivalents | ¥39.0bn | at 2022-03-15 | Cons. | Cash and cash equivalents |
| Cash & equivalents | ¥41.2bn | at 2021-03-15 | Cons. | Cash and cash equivalents |
| Cash & equivalents | ¥33.1bn | at 2020-03-15d | Cons. | Cash and cash equivalents |
| Cash & equivalents | ¥28.4bn | at 2019-03-15d | Cons. | Cash and cash equivalents (5-year summary) |
| Cash & equivalents | ¥25.9bn | at 2018-03-15d | Cons. | Cash and cash equivalents (5-year summary) |
| Operating cash flow | ¥6.9bn | 2021-03-16 → 2022-03-15 | Cons. | Net cash provided by used in operating activities |
| Operating cash flow | ¥15.3bn | 2020-03-16 → 2021-03-15 | Cons. | Net cash provided by used in operating activities |
| Operating cash flow | ¥12.2bn | 2019-03-16 → 2020-03-15d | Cons. | Net cash provided by used in operating activities (5-year summary) |
| Operating cash flow | ¥6.7bn | 2018-03-16 → 2019-03-15d | Cons. | Net cash provided by used in operating activities (5-year summary) |
| Operating cash flow | ¥8.6bn | 2017-03-16 → 2018-03-15d | Cons. | Net cash provided by used in operating activities (5-year summary) |
| Investing cash flow | −¥4.5bn | 2021-03-16 → 2022-03-15 | Cons. | Net cash provided by used in investment activities |
| Investing cash flow | −¥3.2bn | 2020-03-16 → 2021-03-15 | Cons. | Net cash provided by used in investment activities |
| Investing cash flow | −¥3.7bn | 2019-03-16 → 2020-03-15d | Cons. | Net cash provided by used in investing activities (5-year summary) |
| Investing cash flow | −¥1.8bn | 2018-03-16 → 2019-03-15d | Cons. | Net cash provided by used in investing activities (5-year summary) |
| Investing cash flow | −¥6.3bn | 2017-03-16 → 2018-03-15d | Cons. | Net cash provided by used in investing activities (5-year summary) |
| Financing cash flow | −¥4.6bn | 2021-03-16 → 2022-03-15 | Cons. | Net cash provided by used in financing activities |
| Financing cash flow | −¥4.0bn | 2020-03-16 → 2021-03-15 | Cons. | Net cash provided by used in financing activities |
| Financing cash flow | −¥3.7bn | 2019-03-16 → 2020-03-15d | Cons. | Net cash provided by used in financing activities (5-year summary) |
| Financing cash flow | −¥2.4bn | 2018-03-16 → 2019-03-15d | Cons. | Net cash provided by used in financing activities (5-year summary) |
| Financing cash flow | −¥2.1bn | 2017-03-16 → 2018-03-15d | Cons. | Net cash provided by used in financing activities (5-year summary) |
| EPS (basic) | ¥216.44 | 2021-03-16 → 2022-03-15 | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥318.73 | 2020-03-16 → 2021-03-15 | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥170.36 | 2019-03-16 → 2020-03-15d | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥88.44 | 2018-03-16 → 2019-03-15d | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥169.71 | 2017-03-16 → 2018-03-15d | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (diluted) | ¥216.07 | 2021-03-16 → 2022-03-15 | Cons. | Diluted earnings per share (5-year summary) |
| EPS (diluted) | ¥318.49 | 2020-03-16 → 2021-03-15 | Cons. | Diluted earnings per share (5-year summary) |
| EPS (diluted) | ¥170.23 | 2019-03-16 → 2020-03-15d | Cons. | Diluted earnings per share (5-year summary) |
| EPS (diluted) | ¥88.38 | 2018-03-16 → 2019-03-15d | Cons. | Diluted earnings per share (5-year summary) |
| Net assets per share | ¥4,682.61 | at 2022-03-15 | Cons. | Net assets per share (5-year summary) |
| Net assets per share | ¥4,517.46 | at 2021-03-15 | Cons. | Net assets per share (5-year summary) |
| Net assets per share | ¥4,243.64 | at 2020-03-15d | Cons. | Net assets per share (5-year summary) |
| Net assets per share | ¥4,070.17 | at 2019-03-15d | Cons. | Net assets per share (5-year summary) |
| Net assets per share | ¥4,028.96 | at 2018-03-15d | Cons. | Net assets per share (5-year summary) |
| Equity ratio | 54.5% | at 2022-03-15 | Cons. | Equity to asset ratio (5-year summary) |
| Equity ratio | 51.9% | at 2021-03-15 | Cons. | Equity to asset ratio (5-year summary) |
| Equity ratio | 50.3% | at 2020-03-15d | Cons. | Equity to asset ratio (5-year summary) |
| Equity ratio | 50.7% | at 2019-03-15d | Cons. | Equity to asset ratio (5-year summary) |
| Equity ratio | 50.1% | at 2018-03-15d | Cons. | Equity to asset ratio (5-year summary) |
| ROE | 4.7% | 2021-03-16 → 2022-03-15 | Cons. | Rate of return on equity (5-year summary) |
| ROE | 7.3% | 2020-03-16 → 2021-03-15 | Cons. | Rate of return on equity (5-year summary) |
| ROE | 4.1% | 2019-03-16 → 2020-03-15d | Cons. | Rate of return on equity (5-year summary) |
| ROE | 2.2% | 2018-03-16 → 2019-03-15d | Cons. | Rate of return on equity (5-year summary) |
| ROE | 4.3% | 2017-03-16 → 2018-03-15d | Cons. | Rate of return on equity (5-year summary) |
| Employees | 2,765 | at 2022-03-15 | Cons. | Number of employees |
| Employees | 2,703 | at 2021-03-15 | Cons. | Number of employees |
| Employees | 2,616 | at 2020-03-15d | Cons. | Number of employees |
| Employees | 2,553 | at 2019-03-15d | Cons. | Number of employees |
| Employees | 2,598 | at 2018-03-15d | Cons. | Number of employees |
| Revenue | ¥263.0bn | 2021-03-16 → 2022-03-15 | Standalone | Net sales |
| Revenue | ¥266.4bn | 2020-03-16 → 2021-03-15 | Standalone | Net sales |
| Revenue | ¥251.9bn | 2019-03-16 → 2020-03-15d | Standalone | Net sales (5-year summary) |
| Revenue | ¥246.8bn | 2018-03-16 → 2019-03-15d | Standalone | Net sales (5-year summary) |
| Revenue | ¥248.9bn | 2017-03-16 → 2018-03-15d | Standalone | Net sales (5-year summary) |
| Operating income | ¥7.9bn | 2021-03-16 → 2022-03-15 | Standalone | Operating income |
| Operating income | ¥10.5bn | 2020-03-16 → 2021-03-15 | Standalone | Operating income |
| Ordinary income | ¥8.8bn | 2021-03-16 → 2022-03-15 | Standalone | Ordinary income |
| Ordinary income | ¥11.4bn | 2020-03-16 → 2021-03-15 | Standalone | Ordinary income |
| Ordinary income | ¥6.3bn | 2019-03-16 → 2020-03-15d | Standalone | Ordinary income loss (5-year summary) |
| Ordinary income | ¥5.6bn | 2018-03-16 → 2019-03-15d | Standalone | Ordinary income loss (5-year summary) |
| Ordinary income | ¥6.2bn | 2017-03-16 → 2018-03-15d | Standalone | Ordinary income loss (5-year summary) |
| Profit before tax | ¥7.8bn | 2021-03-16 → 2022-03-15 | Standalone | Income before income taxes |
| Profit before tax | ¥10.5bn | 2020-03-16 → 2021-03-15 | Standalone | Income before income taxes |
| Net income | ¥4.9bn | 2021-03-16 → 2022-03-15 | Standalone | Profit loss |
| Net income | ¥7.0bn | 2020-03-16 → 2021-03-15 | Standalone | Profit loss |
| Net income | ¥3.6bn | 2019-03-16 → 2020-03-15d | Standalone | Net income loss (5-year summary) |
| Net income | ¥2.5bn | 2018-03-16 → 2019-03-15d | Standalone | Net income loss (5-year summary) |
| Net income | ¥4.3bn | 2017-03-16 → 2018-03-15d | Standalone | Net income loss (5-year summary) |
| Total assets | ¥187.9bn | at 2022-03-15 | Standalone | Assets |
| Total assets | ¥189.6bn | at 2021-03-15 | Standalone | Assets |
| Total assets | ¥183.6bn | at 2020-03-15d | Standalone | Total assets (5-year summary) |
| Total assets | ¥178.7bn | at 2019-03-15d | Standalone | Total assets (5-year summary) |
| Total assets | ¥178.7bn | at 2018-03-15d | Standalone | Total assets (5-year summary) |
| Total liabilities | ¥82.7bn | at 2022-03-15 | Standalone | Liabilities |
| Total liabilities | ¥88.2bn | at 2021-03-15 | Standalone | Liabilities |
| Net assets / equity | ¥105.3bn | at 2022-03-15 | Standalone | Net assets |
| Net assets / equity | ¥101.4bn | at 2021-03-15 | Standalone | Net assets |
| Net assets / equity | ¥95.3bn | at 2020-03-15d | Standalone | Net assets |
| Net assets / equity | ¥93.7bn | at 2019-03-15d | Standalone | Net assets (5-year summary) |
| Net assets / equity | ¥92.2bn | at 2018-03-15d | Standalone | Net assets (5-year summary) |
| Cash and deposits | ¥38.0bn | at 2022-03-15 | Standalone | Cash and deposits |
| Cash and deposits | ¥39.9bn | at 2021-03-15 | Standalone | Cash and deposits |
| EPS (basic) | ¥220.55 | 2021-03-16 → 2022-03-15 | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥315.86 | 2020-03-16 → 2021-03-15 | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥159.17 | 2019-03-16 → 2020-03-15d | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥110.95 | 2018-03-16 → 2019-03-15d | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥186.96 | 2017-03-16 → 2018-03-15d | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (diluted) | ¥220.17 | 2021-03-16 → 2022-03-15 | Standalone | Diluted earnings per share (5-year summary) |
| EPS (diluted) | ¥315.62 | 2020-03-16 → 2021-03-15 | Standalone | Diluted earnings per share (5-year summary) |
| EPS (diluted) | ¥159.06 | 2019-03-16 → 2020-03-15d | Standalone | Diluted earnings per share (5-year summary) |
| EPS (diluted) | ¥110.88 | 2018-03-16 → 2019-03-15d | Standalone | Diluted earnings per share (5-year summary) |
| Dividend per share | ¥50 | 2021-03-16 → 2022-03-15 | Standalone | Dividend paid per share (5-year summary) |
| Dividend per share | ¥50 | 2020-03-16 → 2021-03-15 | Standalone | Dividend paid per share (5-year summary) |
| Dividend per share | ¥45 | 2019-03-16 → 2020-03-15d | Standalone | Dividend paid per share (5-year summary) |
| Dividend per share | ¥45 | 2018-03-16 → 2019-03-15d | Standalone | Dividend paid per share (5-year summary) |
| Dividend per share | ¥45 | 2017-03-16 → 2018-03-15d | Standalone | Dividend paid per share (5-year summary) |
| Net assets per share | ¥4,711.32 | at 2022-03-15 | Standalone | Net assets per share (5-year summary) |
| Net assets per share | ¥4,542.08 | at 2021-03-15 | Standalone | Net assets per share (5-year summary) |
| Net assets per share | ¥4,271.15 | at 2020-03-15d | Standalone | Net assets per share (5-year summary) |
| Net assets per share | ¥4,108.07 | at 2019-03-15d | Standalone | Net assets per share (5-year summary) |
| Net assets per share | ¥4,044.14 | at 2018-03-15d | Standalone | Net assets per share (5-year summary) |
| Equity ratio | 56.0% | at 2022-03-15 | Standalone | Equity to asset ratio (5-year summary) |
| Equity ratio | 53.4% | at 2021-03-15 | Standalone | Equity to asset ratio (5-year summary) |
| Equity ratio | 51.9% | at 2020-03-15d | Standalone | Equity to asset ratio (5-year summary) |
| Equity ratio | 52.4% | at 2019-03-15d | Standalone | Equity to asset ratio (5-year summary) |
| Equity ratio | 51.6% | at 2018-03-15d | Standalone | Equity to asset ratio (5-year summary) |
| ROE | 4.8% | 2021-03-16 → 2022-03-15 | Standalone | Rate of return on equity (5-year summary) |
| ROE | 7.2% | 2020-03-16 → 2021-03-15 | Standalone | Rate of return on equity (5-year summary) |
| ROE | 3.8% | 2019-03-16 → 2020-03-15d | Standalone | Rate of return on equity (5-year summary) |
| ROE | 2.7% | 2018-03-16 → 2019-03-15d | Standalone | Rate of return on equity (5-year summary) |
| ROE | 4.7% | 2017-03-16 → 2018-03-15d | Standalone | Rate of return on equity (5-year summary) |
| Shares issued | 24,583,420 | at 2022-03-15 | Standalone | Total number of issued shares (5-year summary) |
| Shares issued | 24,583,420 | at 2021-03-15 | Standalone | Total number of issued shares (5-year summary) |
| Shares issued | 24,583,420 | at 2020-03-15d | Standalone | Total number of issued shares (5-year summary) |
| Shares issued | 24,583,420 | at 2019-03-15d | Standalone | Total number of issued shares (5-year summary) |
| Shares issued | 24,583,420 | at 2018-03-15d | Standalone | Total number of issued shares (5-year summary) |
| Employees | 2,521 | at 2022-03-15 | Standalone | Number of employees |
| Employees | 2,459 | at 2021-03-15 | Standalone | Number of employees |
| Employees | 2,381 | at 2020-03-15d | Standalone | Number of employees |
| Employees | 2,309 | at 2019-03-15d | Standalone | Number of employees |
| Employees | 2,348 | at 2018-03-15d | Standalone | Number of employees |
Periods use the dates stated in the filing. d = earlier-year period dated by calendar; v = that date confirmed by the company's own earlier filing.
All source rows · 1,312
| Item | Context | Value | Unit |
|---|---|---|---|
| Total assets (5-year summary) | CurrentYearInstant | 191721000000 | JPY |
| Net assets per share (5-year summary) | Prior4YearInstant | 4028.96 | |
| Net assets per share (5-year summary) | Prior3YearInstant | 4070.17 | |
| Net assets per share (5-year summary) | Prior2YearInstant | 4243.64 | |
| Net assets per share (5-year summary) | Prior1YearInstant | 4517.46 | |
| Net assets per share (5-year summary) | CurrentYearInstant | 4682.61 | |
| Basic earnings loss per share (5-year summary) | Prior4YearDuration | 169.71 | |
| Basic earnings loss per share (5-year summary) | Prior3YearDuration | 88.44 | |
| Basic earnings loss per share (5-year summary) | Prior2YearDuration | 170.36 | |
| Basic earnings loss per share (5-year summary) | Prior1YearDuration | 318.73 | |
| Basic earnings loss per share (5-year summary) | CurrentYearDuration | 216.44 | |
| Diluted earnings per share (5-year summary) | Prior4YearDuration | － | |
| Diluted earnings per share (5-year summary) | Prior3YearDuration | 88.38 | |
| Diluted earnings per share (5-year summary) | Prior2YearDuration | 170.23 | |
| Diluted earnings per share (5-year summary) | Prior1YearDuration | 318.49 | |
| Diluted earnings per share (5-year summary) | CurrentYearDuration | 216.07 | |
| Equity to asset ratio (5-year summary) | Prior4YearInstant | 0.501 | |
| Equity to asset ratio (5-year summary) | Prior3YearInstant | 0.507 | |
| Equity to asset ratio (5-year summary) | Prior2YearInstant | 0.503 | |
| Equity to asset ratio (5-year summary) | Prior1YearInstant | 0.519 | |
| Equity to asset ratio (5-year summary) | CurrentYearInstant | 0.545 | |
| Rate of return on equity (5-year summary) | Prior4YearDuration | 0.043 | |
| Rate of return on equity (5-year summary) | Prior3YearDuration | 0.022 | |
| Rate of return on equity (5-year summary) | Prior2YearDuration | 0.041 | |
| Rate of return on equity (5-year summary) | Prior1YearDuration | 0.073 | |
| Rate of return on equity (5-year summary) | CurrentYearDuration | 0.047 | |
| Price earnings ratio (5-year summary) | Prior4YearDuration | 14.9 | |
| Price earnings ratio (5-year summary) | Prior3YearDuration | 20.9 | |
| Price earnings ratio (5-year summary) | Prior2YearDuration | 10.4 | |
| Price earnings ratio (5-year summary) | Prior1YearDuration | 9.2 | |
| Price earnings ratio (5-year summary) | CurrentYearDuration | 10.9 | |
| Net cash provided by used in operating activities (5-year summary) | Prior4YearDuration | 8600000000 | JPY |
| Net cash provided by used in operating activities (5-year summary) | Prior3YearDuration | 6684000000 | JPY |
| Net cash provided by used in operating activities (5-year summary) | Prior2YearDuration | 12159000000 | JPY |
| Net cash provided by used in operating activities (5-year summary) | Prior1YearDuration | 15267000000 | JPY |
| Net cash provided by used in operating activities (5-year summary) | CurrentYearDuration | 6868000000 | JPY |
| Net cash provided by used in investing activities (5-year summary) | Prior4YearDuration | -6257000000 | JPY |
| Net cash provided by used in investing activities (5-year summary) | Prior3YearDuration | -1791000000 | JPY |
| Net cash provided by used in investing activities (5-year summary) | Prior2YearDuration | -3718000000 | JPY |
| Net cash provided by used in investing activities (5-year summary) | Prior1YearDuration | -3152000000 | JPY |
| Net cash provided by used in investing activities (5-year summary) | CurrentYearDuration | -4536000000 | JPY |
| Net cash provided by used in financing activities (5-year summary) | Prior4YearDuration | -2104000000 | JPY |
| Net cash provided by used in financing activities (5-year summary) | Prior3YearDuration | -2404000000 | JPY |
| Net cash provided by used in financing activities (5-year summary) | Prior2YearDuration | -3747000000 | JPY |
| Net cash provided by used in financing activities (5-year summary) | Prior1YearDuration | -3984000000 | JPY |
| Net cash provided by used in financing activities (5-year summary) | CurrentYearDuration | -4607000000 | JPY |
| Cash and cash equivalents (5-year summary) | Prior4YearInstant | 25924000000 | JPY |
| Cash and cash equivalents (5-year summary) | Prior3YearInstant | 28412000000 | JPY |
| Cash and cash equivalents (5-year summary) | Prior2YearInstant | 33105000000 | JPY |
| Cash and cash equivalents (5-year summary) | Prior1YearInstant | 41235000000 | JPY |
Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.
Data checks · 24 of 24 passed
| balance sheet identity | pass |
| balance sheet identity | pass rounding |
| balance sheet identity | pass rounding |
| balance sheet identity | pass |
| dei present | pass |
| period resolution | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net income attributable to parent | pass |
| statement vs summary · net income attributable to parent | pass |
| statement vs summary · operating cash flow | pass |
| statement vs summary · operating cash flow | pass |
| statement vs summary · revenue | pass |
| statement vs summary · revenue | pass |
| statement vs summary · revenue | pass |
| statement vs summary · revenue | pass |
| statement vs summary · total assets | pass |
| statement vs summary · total assets | pass |
| statement vs summary · total assets | pass |
| statement vs summary · total assets | pass |