Net Sales
Operating Income
Ordinary Income
Profit attributable to owners of parent
Earnings per Share
Consolidated Balance Sheet
Assets
(Unit: Millions of Yen)
| Item | Year Ended May 31, 2023 | Second Quarter Year Ending May 31, 2024 |
|---|---|---|
| Current assets | 9,001 | 8,426 |
| Fixed assets | 3,310 | 3,386 |
| Tangible fixed assets | 161 | 172 |
| Intangible fixed assets | 40 | 32 |
| Investments and other assets | 3,108 | 3,181 |
| Total assets | 12,311 | 11,813 |
Liabilities
(Unit: Millions of Yen)
| Item | Year Ended May 31, 2023 | Second Quarter Year Ending May 31, 2024 |
|---|---|---|
| Current liabilities | 2,176 | 1,521 |
| Fixed liabilities | 57 | 47 |
| Total liabilities | 2,233 | 1,568 |
Net assets
(Unit: Millions of Yen)
| Item | Year Ended May 31, 2023 | Second Quarter Year Ending May 31, 2024 |
|---|---|---|
| Shareholder's equity | 9,559 | 9,740 |
| Capital stock | 1,487 | 1,487 |
| Capital surplus | 2,270 | 2,274 |
| Earned surplus | 6,420 | 6,587 |
| Treasury stock | -618 | -609 |
| Accumulated other comprehensive income | 518 | 504 |
| Difference in valuation of other securities | 476 | 449 |
Foreign currency translation adjustment |
42 | 54 |
| Total net assets | 10,077 | 10,244 |
Consolidated Statements of Income
(Unit: Millions of Yen)
| Item | Second Quarter Year Ended May 31, 2023 |
Second Quarter Year Ending May 31, 2024 |
|---|---|---|
| Net sales | 4,302 | 4,541 |
| Cost of sales | 3,375 | 3,572 |
| Gross profit | 926 | 968 |
| Selling, general and administrative expenses | 478 | 506 |
| Operating income | 447 | 462 |
| Non-operating income | 30 | 22 |
| Non-operating expenses | 10 | 8 |
| Ordinary income | 467 | 476 |
| Extraordinary income | - | 1 |
| Extraordinary losses | 41 | 1 |
| Net income before income taxes | 426 | 475 |
| Corporate and other taxes | 117 | 135 |
| Net income attributable to owners of parent | 308 | 340 |
| Other comprehensive income | -10 | -14 |
| Comprehensive income | 298 | 326 |
Consolidated Statements of Cash Flows
(Unit: Millions of Yen)
| Item | Second Quarter Year Ended May 31, 2023 |
Second Quarter Year Ending May 31, 2024 |
|---|---|---|
| Cash flows from operating activities | -244 | -9 |
| Cash flows from investing activities | 87 | 153 |
| Cash flows from financing activities | -182 | -173 |
| Net decrease in cash and cash equivalents | -330 | -17 |
| Cash and cash equivalents at beginning of year | 3,755 | 4,157 |
| Cash and cash equivalents at end of year | 3,424 | 4,139 |
Segment Information
(Unit: Millions of Yen)
| Business Segment | Sales | Income | |||
|---|---|---|---|---|---|
| Year Ended May 31, 2023 |
Year Ending May 31, 2024 |
Year Ended May 31, 2023 |
Year Ending May 31, 2024 |
||
| Control Systems | Half year | 645 | 712 | 144 | 162 |
| Year | 1,429 | - | 302 | - | |
| Automotive Systems | Half year | 1,045 | 1,122 | 301 | 301 |
| Year | 2,148 | - | 623 | - | |
| Particular Information Systems | Half year | 634 | 603 | 108 | 102 |
| Year | 1,243 | - | 225 | - | |
| Embedded Systems | Half year | 665 | 694 | 150 | 164 |
| Year | 1,334 | - | 301 | - | |
| Industry & ICT Solutions | Half year | 1,311 | 1,409 | 218 | 238 |
| Year | 2,767 | - | 491 | - | |
Note: The segment income does not include company-wide expenses not allocated to each segment.