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)
FY2016 FY2017 FY2018 FY2019 FY2020 From previous FY
Net sales 97,529 96,038 97,872 98,617 91,512 7.2% DOWN
Operating income 2,553 1,297 2,247 3,118 1,557 50.0% DOWN
Ordinary income 2,883 1,364 2,358 2,956 1,323 55.2% DOWN
Profit attributable to owners of parent 245 26 1,083 467 142 69.4% DOWN
Net assets 37,178 37,398 38,541 35,271 32,582 -
Total assets 86,878 90,254 92,182 87,975 86,272 -

Net Sales by Segment

(Millions of Yen)
  • (Millions of Yen)
    • FY2016
    • FY2017
    • FY2018
    • FY2019
    • FY2020
    • Interior Fittings
    • 36,471
    • 35,410
    • 34,329
    • 34,282
    • 33,300
    • Automotive Textiles and Traffic Facilities
    • 55,926
    • 56,377
    • 59,758
    • 60,304
    • 54,075
    • Functional Materials
    • 4,972
    • 4,087
    • 3,647
    • 3,886
    • 3,928
    • Other
    • 160
    • 163
    • 137
    • 143
    • 207

Net Sales by Region

(Millions of Yen)
  • (Millions of Yen)
    • FY2016
    • FY2017
    • FY2018
    • FY2019
    • FY2020
    • Japan
    • 66,073
    • 64,946
    • 65,732
    • 65,588
    • 61,832
    • North and Central America
    • 18,710
    • 16,926
    • 15,120
    • 14,868
    • 14,049
    • Asia
    • 12,399
    • 13,778
    • 16,674
    • 17,901
    • 15,339
    • Other
    • 346
    • 386
    • 345
    • 258
    • 289

Major Management Indexes

FY2016 FY2017 FY2018 FY2019 FY2020
Equity ratio (%) 38.3% 36.9% 36.9% 34.8% 32.5%
ROE(%) 0.7% 0.1% 3.2% 1.4% 0.5%
Price / earnings ratio (Times) 79.1 690.9 19.2 42.4 88.2
Payout ratio (%) 215.4% - 48.7% 107.1% 228.5%
Book-value per share (Yen) 4,416.08 4,412.34 4,515.26 4,469.04 4,438.11
Profit per share (Yen) 32.52 3.50 143.66 65.36 21.88
Number of employees of consolidated group companies 2,786 2,830 2,850 2,899 2,822
Dividend per share (Yen) 70 70 70 70 50
Fiscal year-end share price (Yen) 2,570 2,420 2,754 2,774 1,930
Capital investment (Millions of Yen) 830 2,722 1,171 1,617 1,970
Depreciation (Millions of Yen) 1,893 1,620 1,725 1,769 2,030

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 2016.