Consolidated Six-year Summary of Selected Financial Data

  Millions of yen
(except per share information)
 
Years ended March 31 2009   2008   2007   2006   2005   2004  

For the year
  Net sales ¥362,057 ¥385,470 ¥358,238 ¥321,700 ¥316,973 ¥320,033
  Cost of sales 202,304 195,664 175,296 158,209 156,877 161,979
  Gross profit 159,753 189,806 182,942 163,491 160,096 158,054
  Selling, general and
    administrative expenses
136,201 162,134 149,207 131,512 131,133 134,851
  Operating income 23,552 27,672 33,735 31,979 28,963 23,203
  Other income (expenses) (180 ) 17 (157 ) (2,167 ) (1,891 ) 1,502  
  Income before income taxes
    and minority interests
23,372 27,689 33,578 29,812 27,072 24,705
  Income taxes 7,385 14,279 14,547 14,469 10,244 10,437
  Minority interests in earnings (loss)
    of consolidated subsidiaries
96   (181 ) 62   (46 ) 216   217  
  Net income 15,891 13,591 18,969 15,389 16,612 14,051

Per share
  Net income ¥ 129.98 ¥ 111.17 ¥ 156.12 ¥ 125.09 ¥ 134.36 ¥ 113.61
  Cash dividends 50.00 50.00 50.00 30.00 30.00 30.00
  Net assets *1 2,287.21 2,310.36 2,304.40 2,167.81 2,091.16 1,980.14

At year-end
  Working capital  *2 ¥ 69,536 ¥ 76,699 ¥ 63,703 ¥ 82,404 ¥ 56,332 ¥ 62,017
  Property, plant and
    equipment, net
101,132 93,803 93,634 69,019 75,332 81,243
  Total assets 408,729 392,695 410,407 366,801 361,105 343,645
  Long-term liabilities 34,426 22,917 26,094 18,975 19,414 16,175
  Net assets *3 285,569 288,844 288,476 263,199 258,139 244,439

R&D expenses ¥ 3,477 ¥ 3,446 ¥ 3,164 ¥ 2,727 ¥ 2,697 ¥ 2,762
Capital expenditures 17,572 10,766 6,152 3,517 3,251 6,766

Value & performance indicators
  Operating margin (%)  *4 6.5 7.2 9.4 9.9 9.1 7.3
  Return on assets (%)  *5 4.0 3.4 4.9 4.2 4.7 4.2
  Return on equity (%)  *6 5.7 4.8 7.0 5.9 6.6 5.9
  Inventory turnover (times)  *7 13.5 13.4 12.9 12.6 12.9 13.6

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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