Financial Highlights

INVESTOR RELATIONS

Consolidated P/L Trends

Consolidated B/S Trends

Consolidated

(Yen in millions except per-share data)

	FY2017	FY2018	FY2019	FY2020	FY2021
Net Sales	783,933	807,755	799,559	625,245	780,557
Gross profit	102,675	105,441	104,901	114,600	139,494
Operating income	24,118	25,226	19,167	21,916	35,263
Ordinary income	25,982	26,643	19,083	22,854	36,497
Net income	17,175	20,136	15,144	18,829	25,939
Total assets	569,456	567,346	611,477	640,587	739,720
Net assets	308,804	312,609	313,243	338,431	355,092
Net assets per share (Yen)	2,424.97	2,481.01	2,462.04	2,670.09	2,868.22
Net income per share (Yen)	136.34	161.30	122.12	151.91	213.46

Non-Consolidated

(Yen in millions except issued shares and per-share data)

	FY2017	FY2018	FY2019	FY2020	FY2021
Net Sales	445,881	459,124	448,139	204,296	249,233
Gross profit	31,201	31,721	30,322	30,432	35,810
Operating income	3,928	3,747	2,064	763	3,553
Ordinary income	12,488	13,948	9,879	10,346	12,319
Net income	10,023	14,878	11,369	14,707	12,981
Total assets	404,607	399,366	440,913	450,043	485,028
Net assets	200,493	199,967	196,489	215,532	204,850
Net assets per share (Yen)	1,601.23	1,612.49	1,584.44	1,745.57	1,706.71
Net income per share (Yen)	79.57	119.18	91.68	118.65	106.83

At the beginning of the fiscal year ended March 2022, the Company adopted the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan (ASBJ) Statement No. 29, March 31, 2020). Results for the fiscal year ended March 2021 reflect a retroactive application of this accounting standard. As a result, Consolidated and Non-Consolidated Net sales affected by this retroactive application.