Balance Sheet (3 Tables)

Balance Sheet
Income Statement
Cash Flow

(Unit:millions of yen)
	FYE2023	FYE2024
Assets
Current assets
Cash and cash equivalents	32,966	42,139
Trade and other receivables	57,067	48,323
Inventories	15,672	16,252
Other financial assets	125	29
Other current assets	1,028	1,273
Total current assets	106,862	108,019
Non-current assets
Property, plant and equipment	2,997	3,167
Intangible assets	287	247
Investment property	302	293
Other financial assets	1,078	1,582
Deferred tax assets	1,453	1,006
Right-of-use assets	1,145	2,373
Retirement benefit asset	469	523
Other non-current assets	-	-
Total non-current assets	7,736	9,193
Total assets	114,598	117,212
Liabilities and equity
Liabilities
Current liabilities
Trade and other receivables	42,339	41,032
Borrowings	1,093	296
Other financial liabilities	882	1,660
Income taxes payable	1,503	260
Provisions	33	-
Contract liabilities	756	835
Other current liabilities	772	713
Total current liabilities	47,382	44,797
Non-current liabilities
Other financial liabilities	518	1,321
Retirement benefit liability	128	164
Provisions	18	111
Deferred tax liabilities	1,518	1,566
Other non-current liabilities	1	1
Total non-current liabilities	2,184	3,165
Total liabilities	49,566	47,963
Equity
Share capital	2,142	2,142
Capital surplus	3,335	3,335
Retained earnings	59,253	61,391
Treasury shares	-694	-694
Other components of equity	995	3,074
Total equity attributable to owners of parent
Total	65,032	69,249
Total equity	65,032	69,249
Total liabilities and equity	114,598	117,212

Beginning with the fiscal year ending March 2023, we have voluntarily adopted IFRS in place of the previous JGAAP.

(Unit:millions of yen)
	FYE2023	FYE2024
Revenue	239,871	194,350
Cost of sales	212,626	170,099
Gross profit	27,245	24,250
Selling, general and administrative expenses	15,797	15,198
Other Income, expenses
Other income	121	117
Other expenses	-90	-117
Operating profit	11,478	9,052
Financial Income, expenses
Finance income	65	110
Finance costs	-1,066	-1,045
Profit before tax	10,477	8,116
Income tax expenses	3,285	2,387
Profit	7,192	5,729
Net profit attributable to:
Owners of the parent company	7,192	5,729
Profit	7,192	5,729
Earnings Per Share
Basic earnings per share (Yen)	175.66	139.93
Diluted earnings per share (Yen)	175.66	139.93

Beginning with the fiscal year ending March 2023, we have voluntarily adopted IFRS in place of the previous JGAAP.

(Unit:millions of yen)
	FYE2023	FYE2024
Cash flows from operating activities
Profit before tax	10,477	8,116
Depreciation and amortization	1,815	1,966
Impairment losses (reversal of impairment losses)	43	80
Decrease (increase) in trade and other receivables	4,928	10,909
Decrease (increase) in inventories	1,110	360
Increase (decrease) in trade and other payables	-9,075	-3,228
Others	-438	-38
Subtotal	8,862	18,167
Interest received	50	93
Dividends received	14	16
Interest expenses paid	-73	-59
Income taxes paid	-3,257	-3,306
Cash flows from operating activities	5,597	14,911
Cash flows from investing activities
Purchase of property, plant and equipment	-860	-1,048
Purchase of intangible assets	-58	-62
Others	46	-49
Cash flows from investing activities	-872	-1,160
Cash flows from financing activities
Net increase (decrease) in short-term borrowings	651	-894
Dividends paid	-2,580	-3,644
Repayment of lease liabilities	-1,058	-1,118
Cash flows from financing activities	-2,986	-5,657
Net increase (decrease) in cash and cash equivalents	1,738	8,093
Cash and cash equivalents at the beginning of the period	30,753	32,966
Effect of exchange rate changes on cash and cash equivalents	475	1,079
Cash and cash equivalents at the end of the period	32,966	42,139

Beginning with the fiscal year ending March 2023, we have voluntarily adopted IFRS in place of the previous JGAAP.