Financial Highlights

Major indices of consolidated earnings are as shown below.
Move your mouse over each graph to see the actual results.

Net Sales, Operating Income, Ordinary Income, Net Income & Margin

（For the Years Ended March 31）
■Net Sales
Net Sales
　 '02/3 '03/3 '04/3 '05/3 '06/3 '07/3
Net Sales
(Millions of Yen)		 281,081 331,753 336,516 331,094 332,885 344,082
　 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3
Net Sales
(Millions of Yen)		 342,421 389,242 371,414 356,180 360,060 395,526
 
■Operating Income
■Operating Margin
Operating Income,Operating Margin
　 '02/3 '03/3 '04/3 '05/3 '06/3 '07/3
Operating Income
(Millions of Yen)		 33,661 38,028 38,765 34,561 30,604 34,110
Operating Margin(%) 12.0 11.5 11.5 10.4 9.2 9.9
　 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3
Operating Income
(Millions of Yen)		 31,144 40,096 41,924 53,664 66,923 81,467
Operating Margin(%) 9.1 10.3 11.3 15.1 18.6 20.6
 
■Net Income
■Return on Sales
Net Income,Return on Sales
　 '02/3 '03/3 '04/3 '05/3 '06/3 '07/3
Net Income(Millions of Yen) 12,726 18,931 18,530 17,224 15,703 16,309
Return on Sales(%) 4.5 5.7 5.5 5.2 4.7 4.7
　 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3
Net Income(Millions of Yen) 14,730 18,089 25,427 22,907 32,113 51,484
Return on Sales(%) 4.3 4.6 6.8 6.4 8.9 13.0
 
 

EBITDA, Capital Expenditures & Depreciation and Amortization, Free Cash Flow, ROE & ROA

(For the Years Ended March 31/At March 31)
■EBITDA
EBITDA
　 '02/3 '03/3 '04/3 '05/3 '06/3 '07/3
EBITDA(Millions of Yen) 71,615 85,964 84,746 79,116 73,978 77,061
　 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3
EBITDA(Millions of Yen) 74,767 89,829 88,618 93,649 106,773 117,599
 
■Capital Expenditures
■Depreciation and Amortization
Capital Expenditures,Depreciation and Amortization
　 '02/3 '03/3 '04/3 '05/3 '06/3 '07/3
Capital Investment
(Millions of Yen)		 109,787 14,848 29,276 46,855 43,129 54,806
Depreciation and Amortization
(Millions of Yen)		 37,953 47,935 45,981 44,554 43,373 42,950
　 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3
Capital Investment
(Millions of Yen)		 52,691 40,139 19,418 27,903 23,209 28,729
Depreciation and Amortization
(Millions of Yen)		 43,623 49,733 46,694 39,985 39,850 36,131
 
■Free Cash Flow
Free Cash Flow
　 '02/3 '03/3 '04/3 '05/3 '06/3 '07/3
Free Cash Flow
(Millions of Yen)		 -59,107 52,019 35,235 14,923 15,948 4,452
　 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3
Free Cash Flow
(Millions of Yen)		 5,662 27,682 52,703 34,989 48,754 58,886
 
■ROE (Return on Equity)
●ROA (Return on Assets)
ROE (Return on Equity),ROA (Return on Assets)
　 '02/3 '03/3 '04/3 '05/3 '06/3 '07/3
ROE (Return on Equity) 3.8 5.5 5.1 4.5 4.1 4.3
ROA (Return on Assets) 1.9 2.7 2.8 2.6 2.3 2.3
　 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3
ROE (Return on Equity) 3.8 4.7 6.9 6.3 8.7 12.6
ROA (Return on Assets) 2.0 2.6 4.0 3.9 5.4 8.1
 
 

Shareholders' Equity Ratio, Current Ratio & Fixed Assets/Stockholders' Equity, Interest-Bearing Debt, Debt-to-Equity Ratio

(At March 31)
■Shareholders' Equity Ratio
Shareholders' Equity Ratio
　 '02/3 '03/3 '04/3 '05/3 '06/3 '07/3
Shareholders' Equity Ratio 48.7 51.3 57.1 59.0 52.3 55.0
　 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3
Shareholders' Equity Ratio 51.2 57.9 59.6 62.3 61.8 65.9
 
■Current Ratio
●Noncurrent Assets/Shareholders' Equity
Current Ratio,Noncurrent Assets/Shareholders' Equity
　 '02/3 '03/3 '04/3 '05/3 '06/3 '07/3
Current Ratio 90.3 86.4 75.3 118.3 139.5 141.1
Noncurrent Assets/Shareholders' Equity 182.5 165.2 153.8 146.5 155.3 154.9
　 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3
Current Ratio 106.3 79.3 72.5 61.1 142.5 137.3
Noncurrent Assets/Shareholders' Equity 148.7 149.0 143.7 142.3 126.7 116.8
 
■Interest-Bearing Debt
Interest-Bearing Debt
　 '02/3 '03/3 '04/3 '05/3 '06/3 '07/3
Interest-Bearing Debt 296,985 265,922 209,286 202,448 266,944 235,625
　 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3
Interest-Bearing Debt 294,319 193,019 173,288 142,936 149,580 124,020
 
■Debt-to-Equity Ratio
Debt-to-Equity Ratio
　 '02/3 '03/3 '04/3 '05/3 '06/3 '07/3
Debt-to-Equity Ratio 0.88 0.75 0.56 0.52 0.71 0.61
　 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3
Debt-to-Equity Ratio 0.76 0.52 0.47 0.40 0.39 0.29
 
※Japanese accounting standards
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