Annual report

Period2023-01-01 → 2023-12-31

Filed2024-03-29

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Amended by S100TD5S (2024-05-10).

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥425.9bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥441.1bn	2022-01-01 → 2022-12-31	Cons.	Net sales
Revenue	¥335.7bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥291.3bn	2020-01-01 → 2020-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥299.5bn	2019-01-01 → 2019-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥73.1bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Operating income	¥109.7bn	2022-01-01 → 2022-12-31	Cons.	Operating income
Ordinary income	¥72.6bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	¥111.3bn	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	¥51.1bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥35.6bn	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥48.3bn	2019-01-01 → 2019-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥92.7bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Profit before tax	¥111.3bn	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Net income (owners)	¥63.9bn	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥70.2bn	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥41.1bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥25.5bn	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥33.1bn	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥72.4bn	2023-01-01 → 2023-12-31	Cons.	Profit loss
Net income	¥81.8bn	2022-01-01 → 2022-12-31	Cons.	Profit loss
Total assets	¥1.07T	at 2023-12-31	Cons.	Assets
Total assets	¥892.6bn	at 2022-12-31	Cons.	Assets
Total assets	¥764.8bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥593.4bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥578.5bn	at 2019-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥437.6bn	at 2023-12-31	Cons.	Liabilities
Total liabilities	¥301.1bn	at 2022-12-31	Cons.	Liabilities
Net assets / equity	¥635.5bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥591.5bn	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥522.8bn	at 2021-12-31^d	Cons.	Net assets
Net assets / equity	¥355.0bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥341.1bn	at 2019-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥147.7bn	at 2023-12-31	Cons.	Cash and deposits
Cash and deposits	¥250.5bn	at 2022-12-31	Cons.	Cash and deposits
Cash & equivalents	¥156.4bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥259.3bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥224.7bn	at 2021-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥81.9bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥70.0bn	at 2019-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥96.3bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥179.5bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥104.7bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥84.2bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥77.7bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥247.7bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥126.4bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥67.3bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥55.2bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥61.2bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥43.5bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥23.2bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥99.1bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥16.2bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥24.8bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥182.59	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥200.49	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥135.86	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥87.48	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥112.9	2019-01-01 → 2019-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥1,636.19	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,523.71	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,359.77	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,082.22	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,030.39	at 2019-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	53.3%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	59.8%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	62.3%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	53.1%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	52.2%	at 2019-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	11.6%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	13.9%	2022-01-01 → 2022-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	10.4%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	8.3%	2020-01-01 → 2020-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	11.3%	2019-01-01 → 2019-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	9,847	at 2023-12-31	Cons.	Number of employees
Employees	9,189	at 2022-12-31	Cons.	Number of employees
Employees	8,469	at 2021-12-31^d	Cons.	Number of employees
Employees	8,199	at 2020-12-31^d	Cons.	Number of employees
Employees	8,142	at 2019-12-31^d	Cons.	Number of employees
Revenue	¥342.3bn	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥367.3bn	2022-01-01 → 2022-12-31	Standalone	Net sales
Revenue	¥284.2bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥242.9bn	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥251.2bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥42.8bn	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	¥61.3bn	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	¥59.8bn	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	¥76.4bn	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	¥41.7bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥29.7bn	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥46.1bn	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥59.8bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	¥76.4bn	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	¥47.2bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	¥60.0bn	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	¥40.5bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥27.2bn	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥42.0bn	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥813.3bn	at 2023-12-31	Standalone	Assets
Total assets	¥750.3bn	at 2022-12-31	Standalone	Assets
Total assets	¥679.5bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥521.5bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥509.0bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥335.4bn	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥287.2bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥477.9bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥463.1bn	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥423.1bn	at 2021-12-31^d	Standalone	Net assets
Net assets / equity	¥272.4bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥256.7bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥104.8bn	at 2023-12-31	Standalone	Cash and deposits
Cash and deposits	¥194.1bn	at 2022-12-31	Standalone	Cash and deposits
EPS (basic)	¥134.87	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥171.38	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥133.72	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥93.14	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥143.08	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥55	2023-01-01 → 2023-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥81	2022-01-01 → 2022-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥41	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥27	2020-01-01 → 2020-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥35	2019-01-01 → 2019-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,366.73	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,322.54	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,208.42	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥935.45	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥875.27	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	58.8%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	61.7%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	62.3%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	52.2%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	50.4%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	10.0%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	13.5%	2022-01-01 → 2022-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	11.6%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	10.3%	2020-01-01 → 2020-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	17.2%	2019-01-01 → 2019-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	350,175,139	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	350,175,139	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	350,175,139	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	291,181,239	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	293,285,539	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	4,938	at 2023-12-31	Standalone	Number of employees
Employees	4,622	at 2022-12-31	Standalone	Number of employees
Employees	4,168	at 2021-12-31^d	Standalone	Number of employees
Employees	4,011	at 2020-12-31^d	Standalone	Number of employees
Employees	3,981	at 2019-12-31^d	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 · 1,426

Item	Context	Value	Unit
Capital stock	Prior1YearInstant	199034000000	JPY
Capital stock	CurrentYearInstant	199034000000	JPY
Capital surplus	Prior1YearInstant	85285000000	JPY
Capital surplus	CurrentYearInstant	85286000000	JPY
Retained earnings	Prior1YearInstant	234319000000	JPY
Retained earnings	CurrentYearInstant	267739000000	JPY
Treasury stock	Prior1YearInstant	-19000000	JPY
Treasury stock	CurrentYearInstant	-964000000	JPY
Shareholders equity	Prior1YearInstant	518620000000	JPY
Shareholders equity	CurrentYearInstant	551096000000	JPY
Valuation difference on available for sale securities	Prior1YearInstant	0	JPY
Valuation difference on available for sale securities	CurrentYearInstant	0	JPY
Deferred gains or losses on hedges	Prior1YearInstant	961000000	JPY
Deferred gains or losses on hedges	CurrentYearInstant	-0	JPY
Revaluation reserve for land	Prior1YearInstant	2885000000	JPY
Revaluation reserve for land	CurrentYearInstant	2885000000	JPY
Foreign currency translation adjustment	Prior1YearInstant	11792000000	JPY
Foreign currency translation adjustment	CurrentYearInstant	19166000000	JPY
Remeasurements of defined benefit plans	Prior1YearInstant	-706000000	JPY
Remeasurements of defined benefit plans	CurrentYearInstant	-992000000	JPY
Valuation and translation adjustments	Prior1YearInstant	14932000000	JPY
Valuation and translation adjustments	CurrentYearInstant	21059000000	JPY
Non controlling interests	Prior1YearInstant	57931000000	JPY
Non controlling interests	CurrentYearInstant	63371000000	JPY
Net assets	Prior1YearInstant	591484000000	JPY
Net assets	CurrentYearInstant	635527000000	JPY
Liabilities and net assets	Prior1YearInstant	892555000000	JPY
Liabilities and net assets	CurrentYearInstant	1073087000000	JPY
Net sales	Prior1YearDuration	441083000000	JPY
Net sales	CurrentYearDuration	425941000000	JPY
Cost of sales	Prior1YearDuration	297728000000	JPY
Cost of sales	CurrentYearDuration	317690000000	JPY
Gross profit	Prior1YearDuration	143354000000	JPY
Gross profit	CurrentYearDuration	108251000000	JPY
Selling general and administrative expenses	Prior1YearDuration	33671000000	JPY
Selling general and administrative expenses	CurrentYearDuration	35170000000	JPY
Operating income	Prior1YearDuration	109683000000	JPY
Operating income	CurrentYearDuration	73080000000	JPY
Interest income noi	Prior1YearDuration	885000000	JPY
Interest income noi	CurrentYearDuration	2057000000	JPY
Dividends income noi	Prior1YearDuration	57000000	JPY
Dividends income noi	CurrentYearDuration	55000000	JPY
Subsidy income noi bounty	Prior1YearDuration	12000000	JPY
Subsidy income noi bounty	CurrentYearDuration	2498000000	JPY
Other noi	Prior1YearDuration	3444000000	JPY
Other noi	CurrentYearDuration	584000000	JPY
Non operating income	Prior1YearDuration	4400000000	JPY
Non operating income	CurrentYearDuration	5195000000	JPY
Interest expenses noe	Prior1YearDuration	816000000	JPY
Interest expenses noe	CurrentYearDuration	1139000000	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	consolidated 2022-12-31	pass
balance sheet identity	consolidated 2023-12-31	pass rounding
balance sheet identity	non_consolidated 2022-12-31	pass
balance sheet identity	non_consolidated 2023-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2021-12-31	pass
statement vs summary · net assets	consolidated 2022-12-31	pass
statement vs summary · net assets	consolidated 2023-12-31	pass
statement vs summary · net assets	non_consolidated 2021-12-31	pass
statement vs summary · net assets	non_consolidated 2022-12-31	pass
statement vs summary · net assets	non_consolidated 2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass