25th Apr 2025 08:46
DISCLAIMER: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. |
April 25, 2025
Consolidated Financial Results for Fiscal Year 2024
Company name: MARUWA CO., LTD.
Listing: Tokyo Stock Exchange / Nagoya Stock Exchange
Securities code: 5344
URL: https://www.maruwa-g.com/
Representative: Toshiro Kambe, President
Inquiries: Daisuke Yamaguchi, Corporate Officer
Telephone: +81-561-51-0841
Scheduled date of annual general meeting of shareholders: June 20, 2025
Scheduled date to commence dividend payments: June 23, 2025
Scheduled date to file annual securities report: June 19, 2025
Preparation of supplementary material on financial results: Yes
Holding of financial results briefing: Yes (for institutional investors and analysts)
Rounded down to the nearest million yen
1. Consolidated financial results for the fiscal year ended March 31, 2025 (from April 1, 2024 to March 31, 2025)
(1) Consolidated operating results (Percentages indicate year-on-year changes.)
| Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | ||||
Fiscal year ended | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % |
March 31, 2025 | 71,849 | 16.7 | 26,914 | 35.9 | 27,033 | 28.0 | 19,242 | 26.5 |
March 31, 2024 | 61,564 | 4.7 | 19,801 | (1.7) | 21,121 | (0.3) | 15,216 | 1.3 |
Note: Comprehensive income For the fiscal year ended March 31, 2025: \19,678 million [23.0%]For the fiscal year ended March 31, 2024: \16,000 million [3.6%]
| Basic earnings per share | Diluted earnings per share | Return on equity | Ratio of ordinary profit to total assets | Ratio of operating profit to net sales |
Fiscal year ended | Yen | Yen | % | % | % |
March 31, 2025 | 1,559.45 | - | 16.2 | 20.4 | 37.5 |
March 31, 2024 | 1,233.30 | - | 15.0 | 18.3 | 32.2 |
(2) Consolidated financial position
| Total assets | Net assets | Equity-to-asset ratio | Net assets per share |
As of | Millions of yen | Millions of yen | % | Yen |
March 31, 2025 | 142,285 | 127,854 | 89.9 | 10,361.04 |
March 31, 2024 | 122,515 | 109,203 | 89.1 | 8,851.10 |
Reference: EquityAs of March 31, 2025: \127,854 millionAs of March 31, 2024: \109,203 million
(3) Consolidated cash flows
| Cash flows from operating activities | Cash flows from investing activities | Cash flows from financing activities | Cash and cash equivalents at end of period |
Fiscal year ended | Millions of yen | Millions of yen | Millions of yen | Millions of yen |
March 31, 2025 | 25,351 | (7,682) | (1,512) | 71,568 |
March 31, 2024 | 17,222 | (10,814) | (1,363) | 55,013 |
2. Cash dividends
Annual dividends per share | Total cash dividends (Total) | Payout ratio (Consolidated) | Ratio of dividends to net assets (Consolidated) | |||||
First quarter-end | Second quarter-end | Third quarter-end | Fiscalyear-end | Total | ||||
Yen | Yen | Yen | Yen | Yen | Millions of yen | % | % | |
Fiscal year endedMarch 31, 2024 | - | 43.00 | - | 43.00 | 86.00 | 1,061 | 7.0 | 1.0 |
Fiscal year endedMarch 31, 2025 | - | 47.00 | - | 47.00 | 94.00 | 1,159 | 6.0 | 1.0 |
Fiscal year endingMarch 31, 2026 (Forecast) |
| 51.00 |
| 51.00 | 102.00 | - | ||
3. Forecast of consolidated financial results for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)
(Percentages indicate year-on-year changes.)
| Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | ||||
| Millions of yen | % | Millions of yen | % | Yen | % | Yen | % | Yen |
Six months endingSeptember 30, 2025 | 34,900 | 0.2 | 12,800 | 0.1 | - | - | - | - | - |
Fiscal year endingMarch 31, 2026 | 76,800 | 6.9 | 28,800 | 7.0 | - | - | - | - | - |
Note: We do not disclose specific forecasts for profits below ordinary income because they are expected to fluctuate mainly due to foreign exchange factors and are difficult to forecast at this time.
* Notes
(1) Significant changes in the scope of consolidation during the period: None
(2) Changes in accounting policies, changes in accounting estimates, and restatement
(i) Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
(ii) Changes in accounting policies due to other reasons: None
(iii) Changes in accounting estimates: None
(iv) Restatement: None
(3) Number of issued shares (common shares)
(i) Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2025 | 12,372,000 shares |
As of March 31, 2024 | 12,372,000 shares |
(ii) Number of treasury shares at the end of the period
As of March 31, 2025 | 32,112 shares |
As of March 31, 2024 | 34,125 shares |
(iii) Average number of shares outstanding during the period
Fiscal year ended March 31, 2025 | 12,339,106 shares |
Fiscal year ended March 31, 2024 | 12,337,609 shares |
[Reference] Overview of non-consolidated financial results
1. Non-consolidated financial results for the fiscal year ended March 31, 2025 (from April 1, 2024 to March 31, 2025)
(1) Non-consolidated operating results (Percentages indicate year-on-year changes.)
| Net sales | Operating profit | Ordinary profit | Profit | ||||
Fiscal year ended | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % |
March 31, 2025 | 54,290 | 18.2 | 22,371 | 36.7 | 22,935 | 17.8 | 16,544 | 13.1 |
March 31, 2024 | 45,949 | 4.0 | 16,363 | (3.2) | 19,468 | (1.8) | 14,626 | (51.1) |
| Basic earnings per share | Diluted earnings per share |
Fiscal year ended | Yen | Yen |
March 31, 2025 | 1,340.85 | - |
March 31, 2024 | 1,185.50 | - |
(2) Non-consolidated financial position
| Total assets | Net assets | Equity-to-asset ratio | Net assets per share |
As of | Millions of yen | Millions of yen | % | Yen |
March 31, 2025 | 122,238 | 110,376 | 90.3 | 8,944.73 |
March 31, 2024 | 106,211 | 94,991 | 89.4 | 7,699.15 |
Reference: EquityAs of March 31, 2025: \110,376 millionAs of March 31, 2024: \94,991 million
* Financial results reports are exempt from audit conducted by certified public accountants or an audit firm.
* Proper use of earnings forecasts, and other special matters
(Cautions on forward-looking statements, etc.)
The forward-looking statements, including forecasts of financial results, contained in these materials are based on information available to the Company and on certain assumptions deemed to be reasonable. Actual financial results may differ from the results anticipated in the statements due to various factors.
1. Qualitative Information for the Current Fiscal Year
(1) Business Results
During the fiscal year ended March 31, 2025, the trends in various policies under the new U.S. administration attracted attention, and geopolitical risks, including the situation in Ukraine and the Middle East, continued to be a global concern. In addition, fluctuations in foreign exchange rates persisted. In the high-tech market, there was a noticeable increase in technological innovations and investments related to generative AI.
Working within this business environment, in the semiconductor-related business, demand for general-purpose memory weakened due to market conditions, but in the tele communication-related business, performance for next-generation, high-speed communications expanded, and in the automobile-related business, sales for new energy vehicles remained strong.
As a result, consolidated net sales for the fiscal year ended March 31, 2025 increased 16.7% from the same period of last year to 71,849 million yen. Operating profit grew 35.9% from the same period last year to 26,914 million yen, ordinary profit was up 28.0% from the same period last year to 27,033 million yen, and profit attributable to owners of parent increased 26.5% from the same period last year to 19,242 million yen.
Sales and profits by segment are as follows.
(Ceramic Components Business)
In the semiconductor-related business, demand for general-purpose memories weakened due to market conditions, but in the tele-communication related business, performance for next-generation, high-speed communications expanded, and in the automobile-related business, demand for new energy vehicles remained strong.
As a result, consolidated net sales for the fiscal year ended March 31, 2025 increased 17.4% from the same period of last year to 62,487 million yen, and segment profit grew 35.3% from the same period of last year to 27,086 million yen.
(Lighting Equipment Business)
In this segment, sales of lighting for the high-end new condominium market were brisk, and business for public LED lighting installation projects remained steady.
As a result, consolidated net sales for the first nine months of the fiscal year ending March 31, 2025 increased 12.4% from the same period of last year to 9,362 million yen, and segment profit increased 27.1% from the same period of last year to 1,437 million yen.
(2) Financial Conditions
(Assets)
Current assets at the fiscal year ended March 31, 2025, totaled 100,290 million yen, an increase of 16,804 million yen from the end of the previous fiscal year. This was mainly due to an increase in cash and deposits equivalents. Fixed assets totaled 41,995 million yen, up 2,965 million yen from the end of the previous fiscal year. This was due to an increase in construction in progress.
As a result, total assets amounted to 142,285 million yen, up 19,770 million yen from the end of the previous fiscal year.
(Liabilities)
Current liabilities at the end of the fiscal year ending March 31, 2025, amounted to 13,933 million yen, up 1,111 million yen from the end of the previous fiscal year. This was mainly due to an increase in income taxes payable. Fixed liabilities came to 498 million yen, up 8 million yen from the end of the previous fiscal year. This was mainly due to an increase in deferred tax liabilities.
As a result, total liabilities amounted to 14,431 million yen, up 1,119 million yen from the end of the previous fiscal year.
(Net Assets)
Total net assets were 127,854 million yen at the fiscal year ended March 31, 2025, up 18,650 million yen from the end of the previous fiscal year. This was due to profit attributable to owners of parent company of 19,242 million yen.
As a result, the equity ratio was 89.9% (89.1% at the end of the previous fiscal year).
(3) Overview of Cash Flows
Cash and cash equivalents at the end of the current consolidated fiscal year increased by 16,554 million yen from the end of the previous fiscal year, totaling 71,568 million yen, despite expenditures for the acquisition of property, plant and equipment, among other factors.
The cash flow status for the fiscal year is as follows.
Net cash provided by operating activities amounted to 25,351 million yen, an increase of 8,128 million yen compared to the previous fiscal year.
Net cash used in investing activities was 7,682 million yen, a decrease of 3,131 million yen from the previous fiscal year.
Net cash used in financing activities totaled 1,512 million yen, representing an increase of 149 million yen year on year.
(4) Future Outlook
In the outlook for the fiscal year ending March 31, 2026, we believe the direct impact from the Trump tariffs on our business will be limited. This is because many of our core products are based on differentiated materials that are not easily substituted by competitors, and we are also launching a number of next-generation products starting this fiscal year. However, given the continued uncertainty in the global economic environment, including the outlook for economic conditions in various countries and geopolitical factors, we have set our guidance conservatively to fully account for potential risks.
In the tele communication-related business, we forecast that demand will continue to be strong for next-generation, high-speed communications.
In the automobile-related business, we expect demand for new energy vehicles to remain strong. To further enhance profitability, we will strengthen our earnings by introducing AI and robotics.
In the semiconductor-related business, we expect to see growth in demand related to generative AI, as well as a recovery in the memory semiconductor market starting in the second half of the fiscal year. Additionally, an expansion in demand for high-purity SiC, a differentiated product, is anticipated from the second half of the fiscal year.
In the industrial equipment-related business, demand for power modules is expected to remain strong, and new medical-related products are anticipated to contribute positively to performance.
In the lighting equipment-related business, steady growth is expected in lighting for high-end newly constructed condominiums and business for public LED lighting installation projects.
The foreign exchange rate is based on the assumption of 144 yen to the U.S. dollar.
As we expect to continue achieving record-high performance, the dividend for the fiscal year ending March 31, 2026, is scheduled to be increased by 8 yen, the same as the previous fiscal year, resulting in a planned dividend of 102 yen per share.
Consolidated Earnings Forecast for the Second Quarter (Cumulative) of the Fiscal Year Ending March 2026 (Unit: Million Yen)
| Results (FY2024) | Forecast (FY2025) | Year on year (%) |
Net Sales | 34,822 | 34,900 | 0.2 |
Operating Profit | 12,789 | 12,800 | 0.1 |
Consolidated Earnings Forecast for the Full Fiscal Year Ending March 2026 (Unit: Million Yen)
| Results (FY2024) | Forecast (FY2025) | Year on year (%) |
Net Sales | 71,849 | 76,800 | 6.9 |
Operating Profit | 26,914 | 28,800 | 7.0 |
The above earnings forecasts are based on information available as of the date of this announcement. If revisions become necessary due to various factors in the future, such changes will be disclosed promptly.
Consolidated balance sheet
(Millions of yen)
| As of March 31, 2024 | As of March 31, 2025 |
Assets |
|
|
Current assets |
|
|
Cash and deposits | 55,250 | 71,793 |
Notes receivable - trade | 360 | 139 |
Accounts receivable - trade | 13,960 | 12,420 |
Electronically recorded monetary claims - operating | 1,746 | 1,319 |
Merchandise and finished goods | 2,248 | 2,645 |
Work in process | 2,960 | 3,803 |
Raw materials and supplies | 4,575 | 5,398 |
Other | 2,516 | 2,832 |
Allowance for doubtful accounts | (133) | (62) |
Total current assets | 83,485 | 100,290 |
Non-current assets |
|
|
Property, plant and equipment |
|
|
Buildings and structures, net | 15,947 | 14,996 |
Machinery, equipment and vehicles, net | 12,040 | 13,039 |
Land | 5,005 | 5,047 |
Construction in progress | 2,952 | 5,474 |
Other, net | 786 | 798 |
Total property, plant and equipment | 36,733 | 39,356 |
Intangible assets |
|
|
Other | 318 | 444 |
Total intangible assets | 318 | 444 |
Investments and other assets |
|
|
Investment securities | 433 | 482 |
Deferred tax assets | 487 | 639 |
Investment property, net | 935 | 920 |
Other | 121 | 152 |
Allowance for doubtful accounts | (0) | (0) |
Total investments and other assets | 1,977 | 2,194 |
Total non-current assets | 39,029 | 41,995 |
Total assets | 122,515 | 142,285 |
(Millions of yen)
| As of March 31, 2024 | As of March 31, 2025 |
Liabilities |
|
|
Current liabilities |
|
|
Notes and accounts payable - trade | 2,957 | 2,965 |
Electronically recorded obligations - operating | 2,355 | 840 |
Current portion of long-term borrowings | 400 | - |
Income taxes payable | 2,851 | 4,929 |
Provision for bonuses | 1,042 | 1,191 |
Provision for bonuses for directors (and other officers) | 124 | 149 |
Other | 3,091 | 3,856 |
Total current liabilities | 12,821 | 13,933 |
Non-current liabilities |
|
|
Deferred tax liabilities | 127 | 131 |
Other | 361 | 366 |
Total non-current liabilities | 489 | 498 |
Total liabilities | 13,311 | 14,431 |
Net assets |
|
|
Shareholders' equity |
|
|
Share capital | 8,646 | 8,646 |
Capital surplus | 12,031 | 12,103 |
Retained earnings | 87,573 | 105,705 |
Treasury shares | (210) | (198) |
Total shareholders' equity | 108,042 | 126,256 |
Accumulated other comprehensive income |
|
|
Valuation difference on available-for-sale securities | 171 | 39 |
Foreign currency translation adjustment | 989 | 1,557 |
Total accumulated other comprehensive income | 1,161 | 1,597 |
Total net assets | 109,203 | 127,854 |
Total liabilities and net assets | 122,515 | 142,285 |
Consolidated statement of income
(Millions of yen)
| Fiscal year endedMarch 31, 2024 | Fiscal year endedMarch 31, 2025 |
Net sales | 61,564 | 71,849 |
Cost of sales | 30,570 | 32,377 |
Gross profit | 30,994 | 39,472 |
Selling, general and administrative expenses | 11,192 | 12,558 |
Operating profit | 19,801 | 26,914 |
Non-operating income |
|
|
Interest income | 225 | 331 |
Rental income | 119 | 126 |
Foreign exchange gains | 958 | - |
Other | 90 | 110 |
Total non-operating income | 1,394 | 567 |
Non-operating expenses |
|
|
Interest expenses | 1 | 0 |
Foreign exchange losses | - | 382 |
Rent expenses on real estate for investments | 55 | 53 |
Other | 16 | 11 |
Total non-operating expenses | 73 | 448 |
Ordinary profit | 21,121 | 27,033 |
Extraordinary income |
|
|
Gain on sale of non-current assets | 0 | 0 |
Gain on sale of investment securities | 39 | - |
Subsidy income | 209 | 2,592 |
Other | 14 | - |
Total extraordinary income | 264 | 2,592 |
Extraordinary losses |
|
|
Loss on sale and retirement of non-current assets | 158 | 105 |
Loss on tax purpose reduction entry of non-current assets | 202 | 2,360 |
Other | 8 | - |
Total extraordinary losses | 369 | 2,466 |
Profit before income taxes | 21,016 | 27,159 |
Income taxes - current | 5,767 | 8,069 |
Income taxes - deferred | 33 | (152) |
Total income taxes | 5,800 | 7,917 |
Profit | 15,216 | 19,242 |
Profit attributable to owners of parent | 15,216 | 19,242 |
Consolidated statement of comprehensive income
(Millions of yen)
| Fiscal year endedMarch 31, 2024 | Fiscal year endedMarch 31, 2025 |
Profit | 15,216 | 19,242 |
Other comprehensive income |
|
|
Valuation difference on available-for-sale securities | 46 | (131) |
Foreign currency translation adjustment | 737 | 567 |
Total other comprehensive income | 784 | 435 |
Comprehensive income | 16,000 | 19,678 |
Comprehensive income attributable to |
|
|
Comprehensive income attributable to owners of parent | 16,000 | 19,678 |
Consolidated statement of changes in equity
Fiscal year ended March 31, 2024
(Millions of yen)
| Shareholders' equity | Accumulated other comprehensive income | Total net assets | ||||||
Share capital | Capital surplus | Retained earnings | Treasury shares | Total shareholders' equity | Valuation difference on available-for-sale securities | Foreign currency translation adjustment | Total accumulated other comprehensive income | ||
Balance at beginning of period | 8,646 | 12,018 | 73,381 | (209) | 93,838 | 125 | 251 | 377 | 94,215 |
Dividends of surplus |
|
| (1,024) |
| (1,024) |
|
|
| (1,024) |
Profit attributable to owners of parent |
|
| 15,216 |
| 15,216 |
|
|
| 15,216 |
Purchase of treasury shares |
|
|
| (5) | (5) |
|
|
| (5) |
Disposal of treasury shares |
| 13 |
| 4 | 17 |
|
|
| 17 |
Net changes in items other than shareholders' equity |
|
|
|
|
| 46 | 737 | 784 | 784 |
Total changes during period | - | 13 | 14,192 | (1) | 14,203 | 46 | 737 | 784 | 14,988 |
Balance at end of period | 8,646 | 12,031 | 87,573 | (210) | 108,042 | 171 | 989 | 1,161 | 109,203 |
Consolidated statement of changes in equity
Fiscal year ended March 31, 2025
(Millions of yen)
| Shareholders' equity | Accumulated other comprehensive income | Total net assets | ||||||
Share capital | Capital surplus | Retained earnings | Treasury shares | Total shareholders' equity | Valuation difference on available-for-sale securities | Foreign currency translation adjustment | Total accumulated other comprehensive income | ||
Balance at beginning of period | 8,646 | 12,031 | 87,573 | (210) | 108,042 | 171 | 989 | 1,161 | 109,203 |
Dividends of surplus |
|
| (1,110) |
| (1,110) |
|
|
| (1,110) |
Profit attributable to owners of parent |
|
| 19,242 |
| 19,242 |
|
|
| 19,242 |
Purchase of treasury shares |
|
|
| (1) | (1) |
|
|
| (1) |
Disposal of treasury shares |
| 72 |
| 13 | 85 |
|
|
| 85 |
Net changes in items other than shareholders' equity |
|
|
|
|
| (131) | 567 | 435 | 435 |
Total changes during period | - | 72 | 18,131 | 11 | 18,215 | (131) | 567 | 435 | 18,650 |
Balance at end of period | 8,646 | 12,103 | 105,705 | (198) | 126,256 | 39 | 1,557 | 1,597 | 127,854 |
Consolidated statement of cash flows
(Millions of yen)
| Fiscal year endedMarch 31, 2024 | Fiscal year endedMarch 31, 2025 |
Cash flows from operating activities |
|
|
Profit before income taxes | 21,016 | 27,159 |
Depreciation | 4,138 | 4,690 |
Increase (decrease) in allowance for doubtful accounts | 123 | (71) |
Loss (gain) on sale of investment securities | (31) | - |
Loss (gain) on sale and retirement of non-current assets | 158 | 105 |
Loss on tax purpose reduction entry of non-current assets | 202 | 2,360 |
Interest and dividend income | (239) | (340) |
Interest expenses | 1 | 0 |
Subsidy income | (209) | (2,592) |
Decrease (increase) in trade receivables | (3,106) | 2,248 |
Decrease (increase) in inventories | (784) | (2,001) |
Increase (decrease) in trade payables | 441 | (944) |
Other, net | 840 | 409 |
Subtotal | 22,551 | 31,023 |
Interest and dividends received | 213 | 340 |
Interest paid | (1) | (0) |
Income taxes refund (paid) | (5,555) | (6,011) |
Proceeds from compensation | 14 | - |
Net cash provided by (used in) operating activities | 17,222 | 25,351 |
Cash flows from investing activities |
|
|
Net decrease (increase) in time deposits | (9) | - |
Purchase of property, plant and equipment | (11,167) | (9,912) |
Proceeds from sale of property, plant and equipment | 8 | 0 |
Payments for retirement of property, plant and equipment | (83) | (74) |
Purchase of intangible assets | (74) | (185) |
Purchase of investment securities | (123) | (219) |
Proceeds from sale of investment securities | 320 | - |
Subsidies received | 309 | 2,692 |
Other, net | 5 | 15 |
Net cash provided by (used in) investing activities | (10,814) | (7,682) |
Cash flows from financing activities |
|
|
Repayments of long-term borrowings | (333) | (400) |
Purchase of treasury shares | (5) | (1) |
Dividends paid | (1,024) | (1,110) |
Net cash provided by (used in) financing activities | (1,363) | (1,512) |
Effect of exchange rate change on cash and cash equivalents | 382 | 398 |
Net increase (decrease) in cash and cash equivalents | 5,427 | 16,554 |
Cash and cash equivalents at beginning of period | 49,585 | 55,013 |
Cash and cash equivalents at end of period | 55,013 | 71,568 |
(Notes on segment information, etc.)
Segment Information
1. Overview of Reporting Segments
The Company's reporting segments are those of the Company's constituent units for which segregated financial information is available and is subject to periodic review by the Board of Directors in order to determine the allocation of management resources and evaluate performance.
The Company establishes business divisions for each product and service at its headquarters, and each business division formulates a comprehensive strategy for the products and services it handles in Japan and overseas and develops business activities.
Accordingly, the Company is comprised of product and service segments based on the Business Unit, with two reporting segments: the Ceramic Components Business and the Lighting Equipment Business.
The Ceramic Components segment manufactures and sells electronic components, ceramic substrates, and products related to semiconductor manufacturing equipment. The Lighting Equipment Business manufactures and sells lighting equipment that uses LEDs in addition to conventional lighting equipment.
2. Method of calculating the amount of sales, profits or losses, assets and other items for each reporting segment
The accounting methods for the reported business segments are the same as those used in the preparation of consolidated financial statements.
Profit in the reporting segment is a figure based on operating income. Internal sales and transfers between segments are based on prevailing market prices.
3. Information on the amount of sales, profits or losses, assets and other items for each reporting segment
The previous fiscal year (April 1, 2023 to March 31, 2024)
|
|
|
| (in millions of yen) | |
| Reportable segments | Adjustment amount (Note) 1 | Amount recorded in consolidated financial statements (Note)2 | ||
| Ceramic components | Lighting equipment | Total | ||
Sales |
|
|
|
|
|
Revenues from external customers | 53,232 | 8,332 | 61,564 | - | 61,564 |
Transactions with other segments | 6 | 120 | 126 | (126) | - |
Total | 53,238 | 8,452 | 61,691 | (126) | 61,564 |
Segment Profit | 20,026 | 1,130 | 21,157 | (1,355) | 19,801 |
Segment Assets | 112,257 | 8,046 | 120,304 | 2,211 | 122,515 |
Other items |
|
|
|
|
|
Depreciation | 3,973 | 88 | 4,062 | 76 | 4,138 |
Increase in property, plant and equipment and intangible assets | 9,534 | 103 | 9,638 | 101 | 9,739 |
Note: 1. Segment profit adjustment of (1,355) million yen includes (36) million yen in inter-segment transactions and (1,319) million yen in company-wide expenses that have not been allocated to each reporting segment. Corporate expenses are selling, general and administrative expenses that are not attributable to the reporting segment.
2. Segment profit is adjusted to operating income in the consolidated statements of income.
3. Adjusted segment assets of ¥2,211 million are company-wide assets that have not been allocated to each reporting segment. These include the parent company's surplus funds under management (time deposits, etc.), investment securities, etc., and assets related to the management department.
4. The adjustment for depreciation and amortization of ¥76 million is mainly for depreciation and amortization of company-wide assets that have not been allocated to each reporting segment.
5. Adjustment for the increase in property, plant and equipment and intangible assets of 101 million yen is an increase in company-wide assets that are not primarily allocated to each reporting segment.
The current fiscal year (April 1, 2024 to March 31, 2025)
|
|
|
| (in millions of yen) | |
| Reportable segments | Adjustment amount (Note) 1 | Amount recorded in consolidated financial statements (Note)2 | ||
| Ceramic components | Lighting equipment | Total | ||
Sales |
|
|
|
|
|
Revenues from external customers | 62,487 | 9,362 | 71,849 | - | 71,849 |
Transactions with other segments | 7 | 37 | 45 | (45) | - |
Total | 62,494 | 9,400 | 71,895 | (45) | 71,849 |
Segment Profit | 27,086 | 1,437 | 28,524 | (1,609) | 26,914 |
Segment Assets | 130,554 | 9,044 | 139,598 | 2,687 | 142,285 |
Other items |
|
|
|
|
|
Depreciation | 4,461 | 96 | 4,557 | 132 | 4,690 |
Increase in property, plant and equipment and intangible assets | 8,854 | 427 | 9,282 | 369 | 9,652 |
Note: 1. Segment profit adjustment of (1,609) million yen includes 53 million yen of inter-segment elimination and (1,663) million yen of company-wide expenses not allocated to each reporting segment. Corporate expenses are selling, general and administrative expenses that are not attributable to the reporting segment.
2. Segment profit is adjusted to operating income in the consolidated statements of income.
3. Adjusted segment assets of ¥2,687 million are company-wide assets that have not been allocated to each reporting segment. These include the parent company's surplus funds under management (time deposits, etc.), investment securities, etc., and assets related to the management department.
4. The 132 million yen adjustment for depreciation and amortization is mainly depreciation and amortization of company-wide assets that have not been allocated to each reporting segment.
5. Adjustment for the increase in property, plant and equipment and intangible assets of 369 million yen is an increase in company-wide assets that are not primarily allocated to each reporting segment.
Related Shares:
Maruwa