Investor Relations

Financial Statements

Consolidated balance sheet

(million yen)
Assets   March, 2008 March, 2009 September, 2009
Current assets   29,625 27,361 23.335
  Cash and deposits 3,491 3,673 3.646
  Bills and accounts receivable 13,525 9,900 7.031
  Securities 33 118 137
  Inventories 10,921 12,053 11.667
  Other current assets 1,724 1,859 1,157
  Reserves for credit losses -71 -243 -307
Fixed assets   13,959 13,496 13,306
  Tangible fixed assets 8,855 8,659 8,439
  Intangible fixed assets 3,401 3,575 3,487
  Investments etc. 1,702 1,260 1,379
Total assets   43,585 40,858 36,641
(million yen)
Liabilities March, 2008 March, 2009 September, 2009
Current liabilities 19,313 22,953 20,843
Fixed liabilities 4,551 3,769 3,885
Total liabilities 23,864 26,722 24,729
Net assets      
Owner's equitry 19,989 15,821 13,630
Common stock
6,371 6,371 6,372
Capital surplus
6,387 6,387 6,388
Retained earnings
7,241 4,628 2,436
Less-cost of treasury stock
-10 -1,565 -1,565
Valuation and translation adjustments -326 -1,708 -1,757
Minority Interests 57 22 38
Total net assets 19,720 14,135 11,912
Total liabilities and assets 43,585 40,858 36,641

Consolidated profit and loss statement

(million yen)
  March, 2008 March, 2009 September, 2009
Sales 34,541 32,181 12,485
Cost of sales 17,417 16,781 7,226
Gross profit 17,123 15,400 5.259
Distribution and administrative expenses 13,851 15,548 6,826
Operating profit 3,272 -147 -1,567
Non-operating income 141 174 396
Non-operating expenses 1,148 1,793 297
Ordinary profit 2,265 -1,767 -1,468
Exceptional profits 6
Exceptional losses 35 25 36
Net profit before tax 2,229 -1,786 -1,504
Corporation tax, etc. 622 54 224
Adjustment for Corporation tax, etc. 584 414 449
Investment profit/loss on equity method 6 7 14
Net profit 1,015 -2,263 -2,192

Connected cash flow

(million yen)
  March, 2008 March, 2009 September, 2009
Cash flow from operating activities 3,004 2,216 1,323
Cash flow from investing activities -2,277 -3,566 -652
Cash flow from financing activities -665 1,560 -677
Net increase / decrease in cash and cash equivalents -292 -426 -24
Cash and cash equibalents at beginning of year -230 -142 -30
Increase in cash and cash equivalents of newly consolidated subsidiary 3,271 3,041 2,898
Cash and cash equivalents at end of year 3,041 2,898 2,867

[Notes:]

The statements on this website with respect to the Company's current plans, strategies and decisions are forward-looking statements. Such forward-looking statements are based on management's assumptions and decisions in light of the information currently available to it. Since these forward-looking statements involve risks and uncertainties, actual results could differ materially from these. Therefore you should not place undue reliance on them.

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