FINANCIAL SUMMARY
Financial and Non-Financial Data
Trends in major consolidated management indicators
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Net sales (million yen) | 107,000 | 127,641 | 139,494 | 137,912 | 138,182 |
| Cost of sales (million yen) | 80,327 | 92,571 | 104,138 | 100,075 | 99,549 |
| Gross profit (million yen) | 26,673 | 35,069 | 35,356 | 37,837 | 38,632 |
| Gross profit margin (%) | 24.9 | 27.5 | 25.3 | 27.4 | 28.0 |
| Selling, general and administrative expenses (million yen) | 24,115 | 25,715 | 26,386 | 27,127 | 28,419 |
| Operating profit (million yen) | 2,557 | 9,353 | 8,969 | 10,709 | 10,213 |
| Operating profit margin (%) | 2.4 | 7.3 | 6.4 | 7.8 | 7.4 |
| Ordinary profit (million yen) | 4,480 | 12,509 | 12,405 | 14,643 | 14,028 |
| Ordinary profit margin (%) | 4.2 | 9.8 | 8.9 | 10.6 | 10.2 |
| Profit attributable to owners of parent (million yen) | 2,806 | 9,068 | 10,024 | 11,480 | 12,939 |
| Net profit margin (%) | 2.6 | 7.1 | 7.2 | 8.3 | 9.4 |
| Amount of capital investment (million yen) | 4,553 | 4,899 | 6,110 | 5,404 | 11,344 |
| Depreciation (million yen) | 4,784 | 4,704 | 4,773 | 4,809 | 5,125 |
| Research and development expenditure (million yen) | 2,294 | 2,324 | 2,375 | 2,306 | 2,219 |
| Cash flows from operating activities (million yen) | 5,903 | 12,835 | △213 | 22,036 | 2,015 |
| Cash flows from investing activities (million yen) | △7,601 | △5,823 | △3,524 | △3,240 | △5,263 |
| Cash flows from financing activities (million yen) | 1,597 | △5,389 | 3,306 | △13,494 | △3,030 |
| Cash and cash equivalents at the end of the fiscal year (million yen) | 9,741 | 11,733 | 12,008 | 17,991 | 11,851 |
| Total assets (million yen) | 154,905 | 163,562 | 180,585 | 202,069 | 198,312 |
| Interest-bearing debt (million yen) | 8,180 | 6,752 | 12,788 | 2,970 | 6,550 |
| Equity (million yen) | 110,926 | 118,120 | 128,189 | 147,100 | 149,976 |
| Total net assets (million yen) | 113,988 | 118,800 | 128,961 | 147,970 | 150,862 |
| Basic earnings per share (yen) | 97.27 | 314.13 | 347.28 | 396.46 | 450.25 |
| Dividend per share (yen) | 60.00 | 150.00 | 205.00 | 250.00 | 135.00 |
| Return on equity (ROE) (%) | 2.7 | 7.9 | 8.1 | 8.3 | 8.7 |
| Equity ratio (%) | 71.6 | 72.2 | 71.0 | 72.8 | 75.6 |
| Total capital turnover (%) | 69.1 | 78.0 | 77.2 | 68.2 | 69.7 |
| Price earnings ratio (PER) (times) | 18.2 | 7.1 | 6.6 | 10.8 | 7.8 |
| Price-book value ratio (PBR) (times) | 0.46 | 0.54 | 0.52 | 0.85 | 0.66 |
| Stock price at the end of the fiscal year (yen) | 1,775 | 2,230 | 2,295 | 4,290 | 3,500 |
| Number of employees at the end of the fiscal year (persons) | 5,029 | 5,007 | 4,831 | 4,821 | 4,921 |
- A stock split was conducted at a ratio of 2 shares for every 1 ordinary share on April 1, 2024. The profit per share and stock price at the end of the fiscal year are calculated assuming this stock split took place at the beginning of fiscal 2020.
- A stock split was conducted at a ratio of 2 shares for every 1 ordinary share on April 1, 2024. Dividends per share are stated as the actual amount of dividends before this stock split.
- “Accounting Standard for Revenue Recognition” (ASBJ Standard No. 29, March 31, 2020) and other standards have been applied since the beginning of fiscal 2021, and the main consolidated management indicators for fiscal 2021 and beyond are based on these accounting standards.
- Number of employees at the end of the fiscal year represents the number of regular employees at that time.
Trends in major non-financial indicators
| Fiscal year | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Average length of service [years] | Male | 21.5 | 21.6 | 21.8 | 22.2 |
| Female | 18.4 | 18.4 | 18.5 | 18.5 | |
| Number of female managers [persons] | 19 | 19 | 23 | 25 | |
| Percentage of women in management [%] | 4.8 | 4.8 | 5.6 | 5.9 | |
| Number of new graduates hired [persons] | Male | 32 | 26 | 25 | 34 |
| Female | 13 | 8 | 9 | 16 | |
| Percentage of female new graduates hired (regular positions) [%] | 43.5 | 25.0 | 35.0 | 41.4 | |
| Number of mid-career hires [persons] | 9 | 13 | 18 | 20 | |
| Percentage of disabled employees [%] | 2.4 | 2.3 | 2.4 | 2.5 | |
| Voluntary turnover rate [%] | 1.1 | 2.1 | 1.5 | 2.6 | |
| Gender wage gap (total wages) [%] | - | 71.1 | 72.3 | 72.6 | |
| Gender wage gap (scheduled wages) [%] | - | 81.1 | 81.3 | 81.4 | |
| Training time [hr/person] | 11 | 13 | 21 | 21 | |
| Training cost [10,000 yen/person] | 2.3 | 2.7 | 4.1 | 4.8 | |
| Number of correspondence course participants [persons] | 755 | 737 | 628 | 685 | |
| Number of recipients of official qualifications [persons] | 138 | 198 | 228 | 209 | |
| Employee health habits | Percentage of employees who exercise regularly [%] | 22.1 | 22.7 | 23.9 | 23.5 |
| Percentage of smokers [%] | 27.2 | 26.9 | 26.2 | 25.7 | |
| Percentage of habitual drinkers [%] | 11.9 | 11.8 | 12.7 | 15.4 | |
| Rate of people of normal weight [%] | 67.6 | 66.9 | 66.4 | 64.4 | |
| Treatment rate among those with high blood pressure [%] | 88.6 | 88.6 | 90.7 | 88.5 | |
| Ratio of employees with health concerns [%] | 61.2 | 62.3 | 61.6 | 61.3 | |
| Insurance benefit expenses [10,000 yen/person] | 13.3 | 14.8 | 15.6 | 14.2 | |
| Specific health guidance implementation rate [%] | 59.2 | 62.2 | 67.5 | - | |
| Stress check completion rate [%] | 84.3 | 88.4 | 95.1 | 96.4 | |
| Overall stress risk score found | 99 | 100 | 98 | 98 | |
| Ratio of days of annual leave taken [%] | 63.0 | 68.3 | 70.6 | 71.3 | |
| Use of parental leave [persons] | Male | 10 | 21 | 29 | 20 |
| Female | 24 | 28 | 16 | 8 | |
| Ratio of men taking childcare leave [%] | 41.7 | 63.0 | 85.0 | 71.4 | |
| Return-to-work rate after childcare leave [%] | 100 | 100 | 97.3 | 96.9 | |
| Number of employees by business* [persons] ( ) indicates number of overseas employees |
Industrial Products | 2,551（782） | 2,430（738） | 2,393（734） | 2,454（815） |
| Ceramics & Materials | 866（236） | 830（252） | 824（255） | 814（255） | |
| Engineering | 314（26） | 313（23） | 322（25） | 337（25） | |
| Tabletop | 1,017（944） | 1,003（890） | 1,009（901） | 1,033（923） | |
| Corporate, etc. | 259（0） | 255（0） | 273（0） | 283（0） | |
| Total | 5,007（1,988） | 4,831（1,903） | 4,821（1,915） | 4,921（2,018） | |
| Consolidated number of employees [persons] | Regular employee | 5,007（1,988） | 4,831（1,903） | 4,821（1,915） | 4,921（2,018） |
| Contract employee | 728 | 730 | 702 | 608 | |
| Temporary employee | 363 | 350 | 327 | 308 | |
| Ratio of employees belonging to labor unions, etc. [%] | 59.1 | 58.9 | 59.3 | 75.5 | |
| Number of patent applications [number] | Domestic | 98 | 84 | 106 | 120 |
| Overseas | 38 | 30 | 33 | 55 | |
*Consolidated base
