Financial Standing and Cash Flow

(millions of yen)	2021/3	2022/3	2023/3	2024/3	2025/3
Total assets	228,855	228,159	237,105	266,494	268,448
Net assets	126,311	130,788	131,992	151,562	156,486
Net Income - Sharehoider's Equity Ratio	7.2%	5.9%	6.3%	11.6%	7.6%
Ordinary Income - Total assets ratio	5.5%	4.7%	5.6%	7.9%	7.5%
Operating Income - Net sales ratio	5.8%	4.5%	5.4%	6.2%	6.5%
Equity capital ratio	52.9%	54.7%	53.1%	54.0%	55.2%
Net assets per share	1,776.35yen	1,829.27yen	1,894.37yen	2,194.04yen	2,282.91yen

*

A 2-for-1 share split of common shares was conducted on April 1, 2025.
Net assets per share before the fiscal year ended March 31, 2025, was calculated assuming that the stock split had been conducted

Cash Flows	2021/3	2022/3	2023/3	2024/3	2025/3
Net cash provided by (used in) operating activities	973	-8,544	4,806	20,738	-21,219
Net cash provided by (used in) investing activities	-6,913	-1,071	-1,748	2,148	-4,982
Net cash provided by (used in) financing activities	-1,435	6,000	-9,822	-5,545	1,907
Cash and cash equivalents at end of period	50,670	48,791	43,946	63,265	42,013

Financial Data