Financial/Non-financial Principal Data

Item 2014 2015

2016

Net sales(Millions of yen) 52,145,406 53,048,377 80,542,366
Operating profit(Millions of yen) 2,123,053 2,924,843 8,247,285
Profit before income taxes(Millions of yen) 1,935,017 2,734,125 8,400,835
Profit attributable to owners of paren(Millions of yen) 946,787 1,713,342 5,891,441
Net assets(Millions of yen) 21,864,968 21,584,433 27,571,776
Total assets(Millions of yen) 61,798,755 59,681,671 88,246,646
D/E ratio(Times) 0.91 0.81 0.95
Cash flows from operating activities(Millions of yen) 3,704,748 2,651,214 △5,862,118
Cash flows from investing activities(Millions of yen) △402,881 △872,030 △1,445,514
Cash flows from financing activities(Millions of yen) △2,816,534 △3,549,306 8,152,082
R&D expenses(Millions of yen) 449,500 601,756 677,866
Capital expenditures(Millions of yen) 790,003 1,047,573 2,090,645
Depreciation & amortization(Millions of yen) 951,832 920,171 971,026
Basic earnings per share(Yen)

30.40

57.04 208.13
Dividends per share(Yen) 5.0 10.0 33.3
Consolidated dividend ratio(%) 16.4 17.5 16.0
Ratio of operating profit(%) 4.1 5.5 10.2
ROE(%) 4.7 8.0 24.3
ROA(%) 1.6 2.8 8.0
Equity-to-asset ratio(%) 34.9 35.6 30.9
Item 2017 2018 2019
Net sales(Millions of yen) 94,163,561 77,302,745 65,612,306
Operating profit(Millions of yen) 9,371,006 6,249,169 2,736,754
Profit before income taxes(Millions of yen) 9,242,225 6,215,587 2,881,784
Profit attributable to owners of paren(Millions of yen) 6,666,227 4,637,978 1,744,770
Net assets(Millions of yen) 46,582,462 46,610,448 46,993,088
Total assets(Millions of yen) 95,330,813 90,573,727 85,409,651
D/E ratio(Times) 0.46 0.41 0.31
Cash flows from operating activities(Millions of yen) △1,932,931 10,579,685 8,094,504
Cash flows from investing activities(Millions of yen) △4,425,279 △1,994,763 △2,629,885
Cash flows from financing activities(Millions of yen) 6,990,056 △6,002,410 △5,719,431
R&D expenses(Millions of yen) 784,561 1,162,175 1,005,512
Capital expenditures(Millions of yen) 2,397,132 4,135,668 2,580,584
Depreciation & amortization(Millions of yen) 1,080,489 1,198,906 1,225,779
Basic earnings per share(Yen) 213.58 146.96 56.05
Dividends per share(Yen) 41.7 41.7 13.3
Consolidated dividend ratio(%) 19.5 28.4 23.8
Ratio of operating profit(%) 10.0 8.1 4.2
ROE(%) 18.2 10.1 3.8
ROA(%) 7.3 5.0 2.0
Equity-to-asset ratio(%) 48.3 50.9 54.4
The Company applied the Partial Amendments to Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan [ASBJ] Statement No. 28, issued on February 16, 2018) from the beginning of 2018, and the main management indicators, etc. relating to fiscal 2017 are those after the retroactive application of the said accounting standard.

Item

2020 2021 2022
Net sales(Millions of yen) 65,255,919 67,087,433 78,443,846
Operating profit(Millions of yen) 4,995,273 3,856,104 5,920,209
Profit before income taxes(Millions of yen) 5,169,129 4,266,785 5,861,257
Profit attributable to owners of paren(Millions of yen) 4,075,964 2,682,267 4,269,969
Net assets(Millions of yen) 51,999,042 54,938,509 59,575,645
Total assets(Millions of yen) 92,794,895 99,485,900 114,522,788
D/E ratio(Times) 0.36 0.44 0.50
Cash flows from operating activities(Millions of yen) 690,065 △3,444,072 △5,687,502
Cash flows from investing activities(Millions of yen) △2,378,900 △1,082,530 △2,057,413
Cash flows from financing activities(Millions of yen) 3,536,717 4,150,348 5,101,568
R&D expenses(Millions of yen) 866,310 1,020,326 1,229,849
Capital expenditures(Millions of yen) 3,160,102 1,464,615 2,708,959
Depreciation & amortization(Millions of yen) 1,453,916 1,478,400 1,494,281
Basic earnings per share(Yen) 130.90 86.14 137.08
Dividends per share(Yen) 21.7 21.7 30.0
Consolidated dividend ratio(%) 16.6 25.2 21.9
Ratio of operating profit(%) 7.7 5.7 7.5
ROE(%) 8.3 5.1 7.5
ROA(%) 4.6 2.8 4.0
Equity-to-asset ratio(%) 55.5 54.8 51.7
The Company applied the Accounting Standard for Revenue Recognition from fiscal 2021.
Item 2023 2024
Net sales(Millions of yen) 82,839,457 88,483,792
Operating profit(Millions of yen) 6,047,910 6,898,151
Profit before income taxes(Millions of yen) 6,762,644 6,904,886
Profit attributable to owners of paren(Millions of yen) 4,344,188 4,778,142
Net assets(Millions of yen) 65,302,388 68,839,271
Total assets(Millions of yen) 130,787,926 130,278,558
D/E ratio(Times) 0.57 0.50
Cash flows from operating activities(Millions of yen) △4,592,173 9,427,955
Cash flows from investing activities(Millions of yen) △2,233,081 △2,023,079
Cash flows from financing activities(Millions of yen) 5,866,978 △5,591,004
R&D expenses(Millions of yen) 1,385,428 1,442,389
Capital expenditures(Millions of yen) 5,200,948 1,362,822
Depreciation & amortization(Millions of yen) 1,813,969 1,952,378
Basic earnings per share(Yen) 139.42 154.33
Dividends per share(Yen) 33.3 40.0
Consolidated dividend ratio(%) 23.9 25.9
Ratio of operating profit(%) 7.3 7.8
ROE(%) 7.0 7.2
ROA(%) 3.5 3.7
Equity-to-asset ratio(%) 49.7 52.7

As of April 1, 2025, we conducted a stock split at a ratio of 3 shares for every 1 common share. Accordingly, figures such as earnings per share (EPS) and dividends per share, including those for past periods, are presented to reflect the impact of this stock split.