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)
FY2015 FY2016 FY2017 FY2018 FY2019 From previous FY
Net sales 91,182 97,529 96,038 97,872 98,617 0.8% UP
Operating income 3,101 2,553 1,297 2,247 3,118 38.8% UP
Ordinary income 3,729 2,883 1,364 2,358 2,956 25.3% UP
Profit attributable to owners of parent 1,815 245 26 1,083 467 56.9% DOWN
Net assets 39,204 37,178 37,398 38,541 35,271 -
Total assets 90,126 86,878 90,254 92,182 87,975 -

Net Sales by Segment

(Millions of Yen)
  • (Millions of Yen)
    • FY2015
    • FY2016
    • FY2017
    • FY2018
    • FY2019
    • Interior Fittings
    • 35,143
    • 36,471
    • 35,410
    • 34,329
    • 34,282
    • Automotive Textiles and Traffic Facilities
    • 50,420
    • 55,926
    • 56,377
    • 59,758
    • 60,304
    • Functional Materials
    • 5,471
    • 4,972
    • 4,087
    • 3,647
    • 3,886
    • Other
    • 147
    • 160
    • 163
    • 137
    • 143

Net Sales by Region

(Millions of Yen)
  • (Millions of Yen)
    • FY2015
    • FY2016
    • FY2017
    • FY2018
    • FY2019
    • Japan
    • 63,271
    • 66,073
    • 64,946
    • 65,732
    • 65,588
    • North and Central America
    • 17,340
    • 18,710
    • 16,926
    • 15,120
    • 14,868
    • Asia
    • 10,091
    • 12,399
    • 13,778
    • 16,674
    • 17,901
    • Other
    • 479
    • 346
    • 386
    • 345
    • 258

Major Management Indexes

FY2015 FY2016 FY2017 FY2018 FY2019
Equity ratio (%) 39.0% 38.3% 36.9% 36.9% 34.8%
ROE (%) 5.5% 0.7% 0.1% 3.2% 1.4%
Price / earnings ratio (Times) 13.7 79.1 690.9 19.2 42.4
Payout ratio (%) 24.9% 215.4% - 48.7% 107.1%
Book-value per share (Yen) 4,661.45 4,416.08 4,412.34 4,515.26 4,469.04
Profit per share (Yen) 240.67 32.52 3.50 143.66 65.36
Number of employees of consolidated group companies 2,604 2,786 2,830 2,850 2,899
Dividend per share (Yen) 60 70 70 70 70
Fiscal year-end share price (Yen) 3,290 2,570 2,420 2,754 2,774
Capital investment 
(Millions of Yen)
1,481 830 2,722 1,171 1,617
Depreciation 
(Millions of Yen)
1,862 1,893 1,620 1,725 1,769

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 2015.