Consolidated Six-year Summary of Selected Financial Data

  Millions of yen
(except per share information)
 
Years ended March 31 2010   2009   2008   2007   2006   2005  

For the year
  Net sales ¥371,178 ¥362,057 ¥385,470 ¥358,238 ¥321,700 ¥316,973
  Cost of sales 203,037 202,304 195,664 175,296 158,209 156,877
  Gross profit 168,141 159,753 189,806 182,942 163,491 160,096
  Selling, general and
    administrative expenses
140,799 136,201 162,134 149,207 131,512 131,133
  Operating income 27,342 23,552 27,672 33,735 31,979 28,963
  Other income (expenses) 3,813   (180 ) 17 (157 ) (2,167 ) (1,891 )
  Income before income taxes
    and minority interests
31,155 23,372 27,689 33,578 29,812 27,072
  Income taxes 10,270 7,385 14,279 14,547 14,469 10,244
  Minority interests in earnings (loss)
    of consolidated subsidiaries
389   96   (181 ) 62   (46 ) 216  
  Net income 20,496 15,891 13,591 18,969 15,389 16,612

Per share
  Net income ¥ 177.02 ¥ 129.98 ¥ 111.17 ¥ 156.12 ¥ 125.09 ¥ 134.36
  Cash dividends 60.00 50.00 50.00 50.00 30.00 30.00
  Net assets *1 2,406.26 2,287.21 2,310.36 2,304.40 2,167.81 2,091.16

At year-end
  Working capital  *2 ¥ 67,722 ¥ 69,536 ¥ 76,699 ¥ 63,703 ¥ 82,404 ¥ 56,332
  Property, plant and
    equipment, net
109,278 101,132 93,803 93,634 69,019 75,332
  Total assets 408,410 408,729 392,695 410,407 366,801 361,105
  Long-term liabilities 48,371 34,426 22,917 26,094 18,975 19,414
  Net assets *3 271,951 285,569 288,844 288,476 263,199 258,139

R&D expenses ¥ 3,807 ¥ 3,477 ¥ 3,446 ¥ 3,164 ¥ 2,727 ¥ 2,697
Capital expenditures 18,448 17,572 10,766 6,152 3,517 3,251

Value & performance indicators
  Operating margin (%)  *4 7.4 6.5 7.2 9.4 9.9 9.1
  Return on assets (%)  *5 5.0 4.0 3.4 4.9 4.2 4.7
  Return on equity (%)  *6 7.5 5.7 4.8 7.0 5.9 6.6
  Inventory turnover (times)  *7 13.7 13.5 13.4 12.9 12.6 12.9

Notes: 1. Net assets per share = (Net assets – minority interests) / number of shares outstanding as of the year end (excluding treasury stocks)
2. Working capital = Total current assets – Total current liabilities
3. Net assets: In compliance with the Corporate Law, from fiscal 2007, the amount of net assets includes the amount of minority interests.
4. Operating margin = Operating income / Net sales
5. Return on assets = Net income / Average total assets
6. Return on equity = Net income / Average total net assets
7. Inventory turnover = Cost of sales / Average total inventory

 


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