Financial Highlights

The figures for these financial statements are prepared in accordance with the accounting principles based on Japanese law. Accordingly, they do not necessarily match the figures in the Annual Report issued by the Company, which present the same statements in a form that is more familiar to foreign readers through certain reclassifications or the summarization of accounts.

Changes in Consolidated Financial Results

Net sales

(Millions of Yen)

Operating income

(Millions of Yen)

Ordinary income

(Millions of Yen)

Profit attributable to owners of parent

(Millions of Yen)

Net assets

(Millions of Yen)

Total assets

(Millions of Yen)
(Millions of Yen)
FY2020 FY2021 FY2022 FY2023 FY2024 From previous FY
Net sales 91,512 79,702 81,713 94,828 103,478 9.1% UP
Operating income 1,557 1,049 110 1,294 3,300 154.9％ UP
Ordinary income 1,323 1,211 950 1,575 3,668 132.9％ UP
Profit attributable to owners of parent 142 409 281 320 874 172.9％ UP
Net assets 32,582 32,956 33,448 34,113 37,687 -
Total assets 86,272 83,669 84,801 88,151 92,199 -

Net Sales by Segment

(Millions of Yen)
  • (Millions of Yen)
    • FY2020
    • FY2021
    • FY2022
    • FY2023
    • FY2024
    • Interior Fittings
    • 33,300
    • 31,024
    • 32,811
    • 36,598
    • 37,142
    • Automotive Textiles and Traffic Facilities
    • 54,075
    • 45,102
    • 45,005
    • 54,314
    • 62,800
    • Functional Materials
    • 3,928
    • 3,130
    • 3,548
    • 3,550
    • 3,127
    • Other
    • 207
    • 445
    • 349
    • 365
    • 407

Net Sales by Region

(Millions of Yen)
  • (Millions of Yen)
    • FY2020
    • FY2021
    • FY2022
    • FY2023
    • FY2024
    • Japan
    • 61,832
    • 56,533
    • 57,908
    • 63,462
    • 68,577
    • North and Central America
    • 14,049
    • 10,448
    • 11,666
    • 14,747
    • 21,047
    • Asia
    • 15,339
    • 12,579
    • 11,933
    • 16,469
    • 13,797
    • Other
    • 289
    • 140
    • 204
    • 148
    • 55

Major Management Indexes

FY2020 FY2021 FY2022 FY2023 FY2024
Equity ratio (%) 32.5% 33.5% 33.4% 32.7% 34.7%
ROE（％） 0.5% 1.5% 1.0% 1.1% 2.9%
Price / earnings ratio (Times) 88.2 29.3 37.8 43.4 18.8
Payout ratio (%) 228.5% 54.0% 157.5% 108.8% 52.9%
Book-value per share (Yen) 4,438.11 4,438.67 4,470.49 4,549.75 4,742.69
Profit per share (Yen) 21.88 64.84 44.44 50.55 132.22
Number of employees of consolidated group companies 2,822 2,724 2,640 2,779 2,812
Dividend per share (Yen) 50 35 70 55 70
Fiscal year-end share price (Yen) 1,930 1,900 1,680 2,195 2,492
Capital investment (Millions of Yen) 3,516 2,677 4,636 2,441 3,875
Depreciation (Millions of Yen) 2,030 1,979 1,915 2,229 2,257

The Company consolidated its common shares at a 10-to-1 share ratio, effective December 1, 2017. Therefore, the price/earnings ratio, book-value per share, profit per share, dividend per share, and fiscal year-end share price were calculated on the assumption that the relevant share consolidation had been implemented at the beginning of the fiscal year ended May 2017.