Financial Highlights

Five-Year Summary

Profit and Loss

(Millions of Yen)	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net sales	84,783	91,325	114,850	126,953	140,616
Operating income	2,532	1,523	6,519	13,181	16,246
Ordinary income	3,717	2,593	8,169	14,158	18,291
Net income attributable to owners of the parent	2,814	1,348	6,238	11,457	16,735

Key Financial Indicators

(%)	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Operating income ratio	3.0	1.7	5.7	10.4	11.6
ROE (Return on equity)	6.0	2.7	11.0	17.2	20.7
Equity ratio	55.7	49.0	53.4	58.4	63.2

Financial Position

(Millions of Yen)	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Total assets	85,973	106,396	114,370	123,519	141,364
Equity	47,880	52,503	61,434	72,619	89,772
Interest-bearing debt	9,602	19,317	17,416	17,808	11,903

Cash flow

(Millions of Yen)	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net cash provided by operating activities	6,193	-6,492	2,713	10,820	21,373
Net cash used in investing activities	-4,389	-3,027	-3,589	-4,588	-3,278
Net cash (used in) provided by financing activities	-3,518	8,263	-3,557	-2,696	-11,439

Per Share Information

(Yen)	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net income per share	89.2	42.7	197.6	362.6	529.5
Equity per share	1,518.0	1,651.0	1,932.3	2,284.5	2,826.6
Dividend per share	40.0	25.0	60.0	110.0	160.0