Highlights of Financial Results
Business Report FY06/23 (July 1, 2022 to June 30, 2023)
In FY06/23 (July 1, 2022 to June 30, 2023), revenue was JPY46,396mn (－1.4% YoY), operating profit was JPY9,434mn (－4.2% YoY), recurring profit was JPY10,519mn (－3.0% YoY), and profit attributable to owners of parent was JPY8,243mn (+6.5%).
Performance by Segment
[Sales composition ratio]
●Security Equipment
Revenue was JPY13,993mn (+4.6% YoY), and segment profit was JPY5,790mn (+5.2% YoY)
●Card Equipment and Other Office Equipment
Revenue was JPY3,124mn (－21.3% YoY), and segment profit was JPY796mn (－11.5% YoY)
●Peripheral Computer Equipment
Revenue was JPY15,454mn (－13.3% YoY), and segment profit was JPY1,856mn (－29.4% YoY)
●Design
Revenue was JPY4,963mn (+3.8% YoY), and segment profit was JPY306mn (－3.9% YoY)
Consolidated Balance Sheet
[millions of yen]
| FY06/22 | FY06/23 | |
| ASSETS | ||
| Current assets | 55,513 | 56,544 |
| Cash and deposits | 36,483 | 37,594 |
| Accounts receivable – trade, and contract assets | 7,049 | 6,783 |
| Inventories | 5,651 | 7,813 |
| Other | 6,328 | 4,353 |
| Fixed assets | 19,905 | 23,980 |
| Tangible fixed assets | 9,579 | 10,221 |
| Intangible fixed assets | 1,852 | 1,859 |
| Investments and other assets | 8,473 | 11,899 |
| Total assets | 75,418 | 80,524 |
| LIABILITIES | ||
| Current liabilities | 10,457 | 9,482 |
| Accounts Payable | 3,951 | 3,855 |
| Other | 6,506 | 5,627 |
| Fixed liabilities | 3,623 | 3,770 |
| Net defined benefit liability | 1,385 | 1,350 |
| Other | 2,238 | 2,420 |
| Total liabilities | 14,081 | 13,253 |
| NET ASSETS | ||
| Shareholders’ Equity | 59,270 | 64,033 |
| Capital stock | 5,000 | 5,000 |
| Other | 54,270 |
59,033 |
| Accumulated other comprehensive income | 1,984 | 2,984 |
| Non-controlling interests | 81 | 253 |
| Total net assets | 61,337 | 67,271 |
| Total liabilities and net assets | 75,418 | 80,524 |
Consolidated Statements of Income
[millions of yen]
| FY06/22 | FY06/23 | |
| Total sales | 47,059 | 46,396 |
| Cost of sales | 24,686 | 23,574 |
| Gross profit | 22,373 | 22,821 |
| SG&A expenses | 12,522 | 13,387 |
| Operating profit | 9,850 | 9,434 |
| Non-operating income | 1,189 | 1,128 |
| Non-operating expenses | 191 | 42 |
| Recurring profit | 10,848 | 10,519 |
| Extraordinary gains | 1,492 | 171 |
| Extraordinary losses | 1,353 | 198 |
| Profit before income taxes | 10,987 | 10,492 |
| Income taxes – current | 3,351 | 3,480 |
| Income taxes – deferred | -114 | -1,239 |
| Net Profit | 7,750 | 8,251 |
| Profit attributable to non-controlling interests | 11 | 8 |
| Profit attributable to owners of parent | 7,738 | 8,243 |
Consolidated Statements of Cash Flows
[millions of yen]
| FY06/22 | FY06/23 | |
| Cash flows from operating activities | 8,095 | 4,541 |
| Cash flows from investing activities | -2,207 | -1,314 |
| Cash flows from financing activities | -2,848 | -3,184 |
| Effect of exchange rate change on cash and cash equivalents | 1,384 | 622 |
| Net increase (decrease) in cash and cash equivalents | 4,423 | 665 |
| Cash and cash equivalents at beginning of period | 32,012 | 36,435 |
| Increase in cash and cash equivalents resulting from inclusion of subsidiaries in consolidation | ― | 465 |
| Cash and cash equivalents at end of period | 36,435 | 37,566 |
Changes in Key Financial Indicators
