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 | Year Ended May 31, 2024 |
|---|---|---|
| Current assets | 9,001 | 9,305 |
| Fixed assets | 3,310 | 3,497 |
| Tangible fixed assets | 161 | 194 |
| Intangible fixed assets | 40 | 26 |
| Investments and other assets | 3,108 | 3,276 |
| Total assets | 12,311 | 12,803 |
Liabilities
(Unit: Millions of Yen)
| Item | Year Ended May 31, 2023 | Year Ended May 31, 2024 |
|---|---|---|
| Current liabilities | 2,176 | 2,299 |
| Fixed liabilities | 57 | 47 |
| Total liabilities | 2,233 | 2,346 |
Net assets
(Unit: Millions of Yen)
| Item | Year Ended May 31, 2023 | Year Ended May 31, 2024 |
|---|---|---|
| Shareholder's equity | 9,559 | 9,955 |
| Capital stock | 1,487 | 1,487 |
| Capital surplus | 2,270 | 2,274 |
| Earned surplus | 6,420 | 6,802 |
| Treasury stock | -618 | -609 |
| Accumulated other comprehensive income | 518 | 500 |
| Difference in valuation of other securities | 476 | 441 |
Foreign currency translation adjustment |
42 | 58 |
| Total net assets | 10,077 | 10,456 |
Consolidated Statements of Income
(Unit: Millions of Yen)
| Item | Year Ended May 31, 2023 | Year Ended May 31, 2024 |
|---|---|---|
| Net sales | 8,923 | 9,468 |
| Cost of sales | 7,002 | 7,423 |
| Gross profit | 1,920 | 2,045 |
| Selling, general and administrative expenses | 1,012 | 1,088 |
| Operating income | 908 | 956 |
| Non-operating income | 73 | 73 |
| Non-operating expenses | 13 | 21 |
| Ordinary income | 967 | 1,008 |
| Extraordinary income | - | 1 |
| Extraordinary losses | 41 | 2 |
| Net income before income taxes | 925 | 1,006 |
| Corporate and other taxes | 243 | 276 |
| Profit attributable to owners of parent | 682 | 730 |
| Other comprehensive income | 57 | -17 |
| Comprehensive income | 739 | 712 |
Consolidated Statements of Cash Flows
(Unit: Millions of Yen)
| Item | Year Ended May 31, 2023 | Year Ended May 31, 2024 |
|---|---|---|
| Cash flows from operating activities | 312 | 1,050 |
| Cash flows from investing activities | 435 | -291 |
| Cash flows from financing activities | -347 | -347 |
| Net decrease in cash and cash equivalents | 401 | 424 |
| Cash and cash equivalents at beginning of year | 3,755 | 4,157 |
| Cash and cash equivalents at end of year | 4,157 | 4,582 |
Segment Information
(Unit: Millions of Yen)
| Business Segment | Sales | Income | |||
|---|---|---|---|---|---|
| Year Ended May 31, 2023 |
Year Ended May 31, 2024 |
Year Ended May 31, 2023 |
Year Ended May 31, 2024 |
||
| Control Systems | Half year | 645 | 712 | 144 | 162 |
| Year | 1,429 | 1,620 | 302 | 375 | |
| Automotive Systems | Half year | 1,045 | 1,122 | 301 | 301 |
| Year | 2,148 | 2,268 | 623 | 585 | |
| Particular Information Systems | Half year | 634 | 603 | 108 | 102 |
| Year | 1,243 | 1,341 | 225 | 267 | |
| Embedded Systems | Half year | 665 | 694 | 150 | 164 |
| Year | 1,334 | 1,363 | 301 | 302 | |
| Industry & ICT Solutions | Half year | 1,311 | 1,409 | 218 | 238 |
| Year | 2,767 | 2,874 | 491 | 533 | |
Note: The segment income does not include company-wide expenses not allocated to each segment.