Annual report

Period2022-04-01 → 2023-03-31
Filed2023-06-29
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥16.4bn2022-04-01 → 2023-03-31Cons.Net sales
Revenue¥19.2bn2021-04-01 → 2022-03-31Cons.Net sales
Revenue¥12.6bn2020-04-01 → 2021-03-31dCons.Net sales (5-year summary)
Revenue¥12.2bn2019-04-01 → 2020-03-31dCons.Net sales (5-year summary)
Revenue¥11.4bn2018-04-01 → 2019-03-31dCons.Net sales (5-year summary)
Operating income¥855m2022-04-01 → 2023-03-31Cons.Operating income
Operating income¥704m2021-04-01 → 2022-03-31Cons.Operating income
Ordinary income¥875m2022-04-01 → 2023-03-31Cons.Ordinary income
Ordinary income¥714m2021-04-01 → 2022-03-31Cons.Ordinary income
Ordinary income¥346m2020-04-01 → 2021-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥362m2019-04-01 → 2020-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥431m2018-04-01 → 2019-03-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥862m2022-04-01 → 2023-03-31Cons.Income before income taxes
Profit before tax¥685m2021-04-01 → 2022-03-31Cons.Income before income taxes
Net income (owners)¥707m2022-04-01 → 2023-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥444m2021-04-01 → 2022-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥207m2020-04-01 → 2021-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥385m2019-04-01 → 2020-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥39m2018-04-01 → 2019-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥708m2022-04-01 → 2023-03-31Cons.Profit loss
Net income¥441m2021-04-01 → 2022-03-31Cons.Profit loss
Total assets¥16.8bnat 2023-03-31Cons.Assets
Total assets¥17.5bnat 2022-03-31Cons.Assets
Total assets¥14.7bnat 2021-03-31dCons.Total assets (5-year summary)
Total assets¥14.4bnat 2020-03-31dCons.Total assets (5-year summary)
Total assets¥14.1bnat 2019-03-31dCons.Total assets (5-year summary)
Total liabilities¥7.3bnat 2023-03-31Cons.Liabilities
Total liabilities¥8.5bnat 2022-03-31Cons.Liabilities
Net assets / equity¥9.5bnat 2023-03-31Cons.Net assets
Net assets / equity¥9.0bnat 2022-03-31Cons.Net assets
Net assets / equity¥8.7bnat 2021-03-31dCons.Net assets
Net assets / equity¥8.7bnat 2020-03-31dCons.Net assets (5-year summary)
Net assets / equity¥8.5bnat 2019-03-31dCons.Net assets (5-year summary)
Cash and deposits¥3.7bnat 2023-03-31Cons.Cash and deposits
Cash and deposits¥3.5bnat 2022-03-31Cons.Cash and deposits
Cash & equivalents¥3.7bnat 2023-03-31Cons.Cash and cash equivalents
Cash & equivalents¥3.3bnat 2022-03-31Cons.Cash and cash equivalents
Cash & equivalents¥3.1bnat 2021-03-31dCons.Cash and cash equivalents
Cash & equivalents¥3.5bnat 2020-03-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥3.4bnat 2019-03-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥1.2bn2022-04-01 → 2023-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.2bn2021-04-01 → 2022-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥357m2020-04-01 → 2021-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥423m2019-04-01 → 2020-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.0bn2018-04-01 → 2019-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥70m2022-04-01 → 2023-03-31Cons.Net cash provided by used in investment activities
Investing cash flow¥35m2021-04-01 → 2022-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥459m2020-04-01 → 2021-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥381m2019-04-01 → 2020-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥515m2018-04-01 → 2019-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥704m2022-04-01 → 2023-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥997m2021-04-01 → 2022-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥333m2020-04-01 → 2021-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥41m2019-04-01 → 2020-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥832m2018-04-01 → 2019-03-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥24.752022-04-01 → 2023-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥15.532021-04-01 → 2022-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥7.242020-04-01 → 2021-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥13.482019-04-01 → 2020-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥1.362018-04-01 → 2019-03-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥329.64at 2023-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥310.26at 2022-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥300.96at 2021-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥298.75at 2020-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥293.09at 2019-03-31dCons.Net assets per share (5-year summary)
Equity ratio56.0%at 2023-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio50.6%at 2022-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio58.6%at 2021-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio59.4%at 2020-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio59.4%at 2019-03-31dCons.Equity to asset ratio (5-year summary)
ROE7.7%2022-04-01 → 2023-03-31Cons.Rate of return on equity (5-year summary)
ROE5.1%2021-04-01 → 2022-03-31Cons.Rate of return on equity (5-year summary)
ROE2.4%2020-04-01 → 2021-03-31dCons.Rate of return on equity (5-year summary)
ROE4.6%2019-04-01 → 2020-03-31dCons.Rate of return on equity (5-year summary)
ROE0.5%2018-04-01 → 2019-03-31dCons.Rate of return on equity (5-year summary)
Employees273at 2023-03-31Cons.Number of employees
Employees290at 2022-03-31Cons.Number of employees
Employees184at 2021-03-31dCons.Number of employees
Employees172at 2020-03-31dCons.Number of employees
Employees169at 2019-03-31dCons.Number of employees
Revenue¥13.8bn2022-04-01 → 2023-03-31StandaloneNet sales
Revenue¥17.1bn2021-04-01 → 2022-03-31StandaloneNet sales
Revenue¥12.2bn2020-04-01 → 2021-03-31dStandaloneNet sales (5-year summary)
Revenue¥11.7bn2019-04-01 → 2020-03-31dStandaloneNet sales (5-year summary)
Revenue¥11.1bn2018-04-01 → 2019-03-31dStandaloneNet sales (5-year summary)
Operating income¥369m2022-04-01 → 2023-03-31StandaloneOperating income
Operating income¥582m2021-04-01 → 2022-03-31StandaloneOperating income
Ordinary income¥386m2022-04-01 → 2023-03-31StandaloneOrdinary income
Ordinary income¥600m2021-04-01 → 2022-03-31StandaloneOrdinary income
Ordinary income¥470m2020-04-01 → 2021-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥354m2019-04-01 → 2020-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥390m2018-04-01 → 2019-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥386m2022-04-01 → 2023-03-31StandaloneIncome before income taxes
Profit before tax¥570m2021-04-01 → 2022-03-31StandaloneIncome before income taxes
Net income¥260m2022-04-01 → 2023-03-31StandaloneProfit loss
Net income¥375m2021-04-01 → 2022-03-31StandaloneProfit loss
Net income¥295m2020-04-01 → 2021-03-31dStandaloneNet income loss (5-year summary)
Net income¥385m2019-04-01 → 2020-03-31dStandaloneNet income loss (5-year summary)
Net income¥108m2018-04-01 → 2019-03-31dStandaloneNet income loss (5-year summary)
Total assets¥13.9bnat 2023-03-31StandaloneAssets
Total assets¥14.9bnat 2022-03-31StandaloneAssets
Total assets¥13.1bnat 2021-03-31dStandaloneTotal assets (5-year summary)
Total assets¥12.7bnat 2020-03-31dStandaloneTotal assets (5-year summary)
Total assets¥12.3bnat 2019-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥6.1bnat 2023-03-31StandaloneLiabilities
Total liabilities¥7.2bnat 2022-03-31StandaloneLiabilities
Net assets / equity¥7.8bnat 2023-03-31StandaloneNet assets
Net assets / equity¥7.7bnat 2022-03-31StandaloneNet assets
Net assets / equity¥7.5bnat 2021-03-31dStandaloneNet assets
Net assets / equity¥7.4bnat 2020-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥7.2bnat 2019-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥2.3bnat 2023-03-31StandaloneCash and deposits
Cash and deposits¥2.3bnat 2022-03-31StandaloneCash and deposits
EPS (basic)¥9.082022-04-01 → 2023-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥13.112021-04-01 → 2022-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥10.322020-04-01 → 2021-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥13.472019-04-01 → 2020-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥3.772018-04-01 → 2019-03-31dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥62022-04-01 → 2023-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥62021-04-01 → 2022-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥62020-04-01 → 2021-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥62019-04-01 → 2020-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥62018-04-01 → 2019-03-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥272.66at 2023-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥269.59at 2022-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥262.54at 2021-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥257.26at 2020-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥250.82at 2019-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio56.1%at 2023-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio51.8%at 2022-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio57.4%at 2021-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio58.0%at 2020-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio58.0%at 2019-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE3.3%2022-04-01 → 2023-03-31StandaloneRate of return on equity (5-year summary)
ROE4.9%2021-04-01 → 2022-03-31StandaloneRate of return on equity (5-year summary)
ROE4.0%2020-04-01 → 2021-03-31dStandaloneRate of return on equity (5-year summary)
ROE5.3%2019-04-01 → 2020-03-31dStandaloneRate of return on equity (5-year summary)
ROE1.5%2018-04-01 → 2019-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued29,786,000at 2023-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued29,786,000at 2022-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued29,786,000at 2021-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued29,786,000at 2020-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued29,786,000at 2019-03-31dStandaloneTotal number of issued shares (5-year summary)
Employees175at 2023-03-31StandaloneNumber of employees
Employees182at 2022-03-31StandaloneNumber of employees
Employees153at 2021-03-31dStandaloneNumber of employees
Employees148at 2020-03-31dStandaloneNumber of employees
Employees154at 2019-03-31dStandaloneNumber 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.

Segments · 38
SegmentItemPeriodValue
Reconciling Itemsreconcilingrevenue2022-04-01 → 2023-03-31−¥2m
Reconciling Itemsreconcilingrevenue intersegment2022-04-01 → 2023-03-31−¥2m
Reconciling Itemsreconcilingsegment assetsat 2023-03-31¥2.8bn
Reconciling Itemsreconcilingsegment profit2022-04-01 → 2023-03-31¥5m
Precision Lamination And High Functional Composite Material Departmentreportable segmentcapex2022-04-01 → 2023-03-31¥118m
Precision Lamination And High Functional Composite Material Departmentreportable segmentdepreciation2022-04-01 → 2023-03-31¥428m
Precision Lamination And High Functional Composite Material Departmentreportable segmentemployeesat 2023-03-3191 pure
Precision Lamination And High Functional Composite Material Departmentreportable segmentrevenue2022-04-01 → 2023-03-31¥11.4bn
Precision Lamination And High Functional Composite Material Departmentreportable segmentrevenue external2022-04-01 → 2023-03-31¥11.4bn
Precision Lamination And High Functional Composite Material Departmentreportable segmentrevenue intersegment2022-04-01 → 2023-03-31¥2m
Precision Lamination And High Functional Composite Material Departmentreportable segmentsegment assetsat 2023-03-31¥7.1bn
Precision Lamination And High Functional Composite Material Departmentreportable segmentsegment profit2022-04-01 → 2023-03-31¥259m
—segment totalcapex2022-04-01 → 2023-03-31¥187m
—segment totaldepreciation2022-04-01 → 2023-03-31¥573m
—segment totalrevenue2022-04-01 → 2023-03-31¥16.4bn
—segment totalrevenue external2022-04-01 → 2023-03-31¥16.4bn
—segment totalrevenue intersegment2022-04-01 → 2023-03-31¥2m
—segment totalsegment assetsat 2023-03-31¥14.0bn
—segment totalsegment profit2022-04-01 → 2023-03-31¥850m
Reconciling Itemsreconcilingrevenue2021-04-01 → 2022-03-31−¥3m
Reconciling Itemsreconcilingrevenue intersegment2021-04-01 → 2022-03-31−¥3m
Reconciling Itemsreconcilingsegment assetsat 2022-03-31¥2.7bn
Reconciling Itemsreconcilingsegment profit2021-04-01 → 2022-03-31¥5m
Precision Lamination And High Functional Composite Material Departmentreportable segmentcapex2021-04-01 → 2022-03-31¥305m
Precision Lamination And High Functional Composite Material Departmentreportable segmentdepreciation2021-04-01 → 2022-03-31¥404m
Precision Lamination And High Functional Composite Material Departmentreportable segmentrevenue2021-04-01 → 2022-03-31¥14.9bn
Precision Lamination And High Functional Composite Material Departmentreportable segmentrevenue external2021-04-01 → 2022-03-31¥14.9bn
Precision Lamination And High Functional Composite Material Departmentreportable segmentrevenue intersegment2021-04-01 → 2022-03-31¥3m
Precision Lamination And High Functional Composite Material Departmentreportable segmentsegment assetsat 2022-03-31¥7.7bn
Precision Lamination And High Functional Composite Material Departmentreportable segmentsegment profit2021-04-01 → 2022-03-31¥400m
—segment totalcapex2021-04-01 → 2022-03-31¥373m
—segment totaldepreciation2021-04-01 → 2022-03-31¥550m
—segment totalrevenue2021-04-01 → 2022-03-31¥19.2bn
—segment totalrevenue external2021-04-01 → 2022-03-31¥19.2bn
—segment totalrevenue intersegment2021-04-01 → 2022-03-31¥3m
—segment totalsegment assetsat 2022-03-31¥14.8bn
—segment totalsegment profit2021-04-01 → 2022-03-31¥700m
Precision Lamination And High Functional Composite Material Departmentreportable segmentemployeesat 2023-03-3191 pure

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,382
ItemContextValueUnit
Cash and cash equivalents (5-year summary)CurrentYearInstant3696504000JPY
Number of employeesPrior4YearInstant169
Number of employeesPrior3YearInstant172
Number of employeesPrior2YearInstant184
Number of employeesPrior1YearInstant290
Number of employeesCurrentYearInstant273
Average number of temporary workersPrior4YearInstant20
Average number of temporary workersPrior3YearInstant66
Average number of temporary workersPrior2YearInstant110
Average number of temporary workersPrior1YearInstant98
Average number of temporary workersCurrentYearInstant89
Net sales (5-year summary)Prior4YearDuration_NonConsolidatedMember11062930000JPY
Net sales (5-year summary)Prior3YearDuration_NonConsolidatedMember11719438000JPY
Net sales (5-year summary)Prior2YearDuration_NonConsolidatedMember12219002000JPY
Net sales (5-year summary)Prior1YearDuration_NonConsolidatedMember17063007000JPY
Net sales (5-year summary)CurrentYearDuration_NonConsolidatedMember13807184000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember390055000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember353507000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember470351000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember600488000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember386385000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember107867000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember384985000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember294879000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember374550000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember259502000JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember2000007000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember2000007000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember2000007000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember2000007000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember2000007000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember29786000
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember29786000
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember29786000
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember29786000
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember29786000
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember7167302000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember7351239000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember7502156000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember7703382000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember7791292000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember12348536000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember12678267000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember13077448000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember14882274000JPY
Total assets (5-year summary)CurrentYearInstant_NonConsolidatedMember13890505000JPY
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember250.82
Net assets per share (5-year summary)Prior3YearInstant_NonConsolidatedMember257.26
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember262.54
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember269.59

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 identityconsolidated 2022-03-31pass
balance sheet identityconsolidated 2023-03-31pass
balance sheet identitynon_consolidated 2022-03-31pass
balance sheet identitynon_consolidated 2023-03-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2021-03-31pass
statement vs summary · net assetsconsolidated 2022-03-31pass
statement vs summary · net assetsconsolidated 2023-03-31pass
statement vs summary · net assetsnon_consolidated 2021-03-31pass
statement vs summary · net assetsnon_consolidated 2022-03-31pass
statement vs summary · net assetsnon_consolidated 2023-03-31pass
statement vs summary · net income attributable to parentconsolidated 2021-04-01/2022-03-31pass
statement vs summary · net income attributable to parentconsolidated 2022-04-01/2023-03-31pass
statement vs summary · operating cash flowconsolidated 2021-04-01/2022-03-31pass
statement vs summary · operating cash flowconsolidated 2022-04-01/2023-03-31pass
statement vs summary · revenueconsolidated 2021-04-01/2022-03-31pass
statement vs summary · revenueconsolidated 2022-04-01/2023-03-31pass
statement vs summary · revenuenon_consolidated 2021-04-01/2022-03-31pass
statement vs summary · revenuenon_consolidated 2022-04-01/2023-03-31pass
statement vs summary · total assetsconsolidated 2022-03-31pass
statement vs summary · total assetsconsolidated 2023-03-31pass
statement vs summary · total assetsnon_consolidated 2022-03-31pass
statement vs summary · total assetsnon_consolidated 2023-03-31pass