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
Number of shares held number of units financial institutionsCurrentYearInstant_OrdinaryShareMember158
Number of shares held number of units financial service providersCurrentYearInstant_OrdinaryShareMember6650
Number of shares held number of units other corporationsCurrentYearInstant_OrdinaryShareMember167732
Number of shares held number of units foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember3551
Number of shares held number of units foreign individual investorsCurrentYearInstant_OrdinaryShareMember53
Number of shares held number of units individuals and othersCurrentYearInstant_OrdinaryShareMember119621
Number of shares held number of units totalCurrentYearInstant_OrdinaryShareMember297765
Number of shares held shares less than one unitCurrentYearInstant_OrdinaryShareMember9900
Percentage of shareholdings national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Percentage of shareholdings financial institutionsCurrentYearInstant_OrdinaryShareMember0.0005
Percentage of shareholdings financial service providersCurrentYearInstant_OrdinaryShareMember0.0223
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.5633
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.0119
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.0003
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.4017
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember12092000
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.4231
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember2441000
Shareholding ratioCurrentYearInstant_No2MajorShareholdersMember0.0854
Number of shares heldCurrentYearInstant_No3MajorShareholdersMember1854000
Shareholding ratioCurrentYearInstant_No3MajorShareholdersMember0.0648
Number of shares heldCurrentYearInstant_No4MajorShareholdersMember1560000
Shareholding ratioCurrentYearInstant_No4MajorShareholdersMember0.0545
Number of shares heldCurrentYearInstant_No5MajorShareholdersMember1425000
Shareholding ratioCurrentYearInstant_No5MajorShareholdersMember0.0498
Number of shares heldCurrentYearInstant_No6MajorShareholdersMember865000
Shareholding ratioCurrentYearInstant_No6MajorShareholdersMember0.0302
Number of shares heldCurrentYearInstant_No7MajorShareholdersMember475000
Shareholding ratioCurrentYearInstant_No7MajorShareholdersMember0.0166
Number of shares heldCurrentYearInstant_No8MajorShareholdersMember258000
Shareholding ratioCurrentYearInstant_No8MajorShareholdersMember0.0090
Number of shares heldCurrentYearInstant_No9MajorShareholdersMember250000
Shareholding ratioCurrentYearInstant_No9MajorShareholdersMember0.0087
Number of shares heldCurrentYearInstant_No10MajorShareholdersMember193000
Shareholding ratioCurrentYearInstant_No10MajorShareholdersMember0.0067
Number of shares heldCurrentYearInstant21415000
Shareholding ratioCurrentYearInstant0.7494
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of voting rights issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsTreasurySharesEtcMember1211500
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember28565000
Number of voting rights issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember285650
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesLessThanOneUnitMember9900
Number of shares issued shares voting rightsCurrentYearInstant29786400
Number of voting rights issued shares voting rightsCurrentYearInstant285650
Number of shares held in own name treasury shares etcCurrentYearInstant_Row1Member1211500
Number of shares held in others names treasury shares etcCurrentYearInstant_Row1Member-
Total number of shares held treasury shares etcCurrentYearInstant_Row1Member1211500

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