MIRA
INFORM REPORT
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Report Date : |
09.08.2012 |
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Tel. No.: |
952 53 5054 |
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Fax No.: |
81 952 53 5085 |
IDENTIFICATION DETAILS
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Name : |
HASEGAWA CO., LTD. |
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Registered Office : |
Hasegawa Bldg., 12-192, Kamikawabata-machi, Hakata-ku, Fukuoka-Shi,
812-0026 |
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Country : |
Japan |
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Financials (as on) : |
31.03.2012 |
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Date of Incorporation : |
28.12.1966 |
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Legal Form : |
Public Independent Company |
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Line of Business : |
Subject is engaged in the religious product related
business |
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No. of Employees : |
816 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Japan |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
HASEGAWA CO., LTD.
Hasegawa Bldg.
12-192, Kamikawabata-machi, Hakata-ku
Fukuoka-Shi, 812-0026
Japan
Tel: 81-92-2637600
Fax: 81 92 263-7611
Web: www.hasegawa.jp
Synthesis
Employees: 816
Company Type: Public Independent
Traded: Osaka Stock Exchange: 8230
Incorporation Date:
28-Dec-1966
Auditor: Deloitte Touche Tohmatsu
Financials in: USD
(Millions)
Fiscal Year End:
31-Mar-2012
Reporting Currency: Japanese
Yen
Annual Sales: 262.2
1
Net Income: 7.2
Total Assets: 256.5 2
Market Value: 78.7 (14-May-2012)
Business Description
HASEGAWA CO., LTD. is a Japan-based company principally engaged in the religious product related business. The Company is involved in the retail and wholesale of Buddhist altars and fittings, the sale of gravestones, the contracted construction work of inner shrines for Buddhist temples, the restoration of cultural properties, the design, planning and sales agency of charnel houses, as well as the provision of funeral consulting services and funeral director referral services, among others. Through its subsidiaries, the Company is also engaged in the manufacture of Buddhist altars and fittings, the design of inner shrines for Buddhist temples and others. As of March 31, 2012, the Company had one subsidiary. For the six months ended 30 September 2011, HASEGAWA CO., LTD.'s revenues increased 3% to Y10.64B. The Company's net income totaled Y408.7M, up from Y176.3M. Revenues reflect higher sales due to effective marketing strategies. Net income also benefited from lower percentage of selling, general and administrative expense and cost of sales, the absence of loss on accounting change on assets retirement.
Industry
Industry Retail (Specialty)
ANZSIC 2006: 4279 - Other Store-Based
Retailing Not Elsewhere Classified
NACE 2002: 5248 - Other
retail sale in specialised stores
NAICS 2002: 453998 - All Other
Miscellaneous Store Retailers (except Tobacco Stores)
UK SIC 2003: 5248 - Other
retail sale in specialised stores
US SIC 1987: 5999 -
Miscellaneous Retail Stores, Not Elsewhere Classified
Key Executives
|
Name |
Title |
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Fusao Hasegawa |
President, Representative Director |
|
Minoru Suzuki |
Executive Officer, Assistant Manager of Marketing Group, Director of
Western Japan Sales, Director |
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Tetsuji Enomoto |
Executive Officer, Director of Holy Stone |
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Shoji Kai |
Co-Managing Director |
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Junichi Inoue |
Director-Accounting, Planning & Information System |
Significant Developments
|
Topic |
#* |
Most Recent Headline |
Date |
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Other Earnings Pre-Announcement |
1 |
Hasegawa Co., Ltd. Amends Consolidated Full-year Outlook for FY 2012 |
2-May-2012 |
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Equity Financing / Related |
3 |
Hasegawa Co., Ltd. Completes Offer Off-floor Distribution of Shares |
31-May-2012 |
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Positive Earnings Pre-Announcement |
1 |
Hasegawa Co., Ltd. Raises Consolidated Mid-year Outlook for FY 2012;
Expects Extraordinary Loss for FY 2012 |
25-Oct-2011 |
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Exchange Changes |
2 |
Hasegawa Co., Ltd. to Delist from Osaka Securities Exchange |
30-Mar-2012 |
* number of significant developments within the last 12 months
News
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Title |
Date |
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Hasegawa 1Q Grp Net Loss Y93.00M Vs
Y38.00M Loss Yr Earlier |
6-Aug-2012 |
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Patent Issued for Chronograph Timepiece |
11-Jul-2012 |
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Patent Issued for Process for Producing
Tertiary Amine |
5-Jul-2012 |
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Research on Algorithms Discussed by G.
Hasegawa and Co-Researchers |
28-Jun-2012 |
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Researchers at RIKEN BioResource Center
Have Published New Data on Peptide Hormones |
27-Jun-2012 |
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Financial Summary
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Stock Snapshot
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1 - Profit & Loss Item Exchange Rate: USD 1 = JPY 78.96121
2 - Balance Sheet Item Exchange Rate: USD 1 = JPY 82.38536
Corporate Overview
Location
Hasegawa Bldg.
12-192, Kamikawabata-machi, Hakata-ku
Fukuoka-Shi, 812-0026
Japan
Tel: 81-92-2637600
Fax: 81 92 263-7611
Web: www.hasegawa.jp
Quote Symbol - Exchange
8230 - Osaka Stock
Exchange
Sales JPY(mil): 20,704.2
Assets JPY(mil): 21,135.7
Employees: 816
Fiscal Year End: 31-Mar-2012
Industry: Retail (Specialty)
Incorporation Date: 28-Dec-1966
Company Type: Public Independent
Quoted Status: Quoted
Co-Managing Director: Shoji Kai
Company Web Links
Company Contact/E-mail
Home Page
Contents
Industry Codes
Business Description
Financial Data
Market Data
Shareholders
Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
9520 - Funeral, Crematorium and Cemetery Services
4279 - Other Store-Based Retailing Not Elsewhere Classified
3739 - Other Goods Wholesaling Not Elsewhere Classified
6921 - Architectural Services
NACE 2002 Codes:
9303 - Funeral and related activities
5147 - Wholesale of other household goods
5248 - Other retail sale in specialised stores
7420 - Architectural and engineering activities and related
technical consultancy
NAICS 2002 Codes:
812210 - Funeral Homes and Funeral Services
453998 - All Other Miscellaneous Store Retailers (except Tobacco
Stores)
423990 - Other Miscellaneous Durable Goods Merchant Wholesalers
541310 - Architectural Services
US SIC 1987:
8712 - Architectural Services
5999 - Miscellaneous Retail Stores, Not Elsewhere Classified
5099 - Durable Goods, Not Elsewhere Classified
7261 - Funeral Service and Crematories
UK SIC 2003:
9303 - Funeral and related activities
5147 - Wholesale of other household goods
5248 - Other retail sale in specialised stores
74201 - Architectural activities
Business
Description
HASEGAWA CO., LTD.
is a Japan-based company principally engaged in the religious product related
business. The Company is involved in the retail and wholesale of Buddhist
altars and fittings, the sale of gravestones, the contracted construction work
of inner shrines for Buddhist temples, the restoration of cultural properties,
the design, planning and sales agency of charnel houses, as well as the
provision of funeral consulting services and funeral director referral services,
among others. Through its subsidiaries, the Company is also engaged in the
manufacture of Buddhist altars and fittings, the design of inner shrines for
Buddhist temples and others. As of March 31, 2012, the Company had one
subsidiary. For the six months ended 30 September 2011, HASEGAWA CO., LTD.'s
revenues increased 3% to Y10.64B. The Company's net income totaled Y408.7M, up
from Y176.3M. Revenues reflect higher sales due to effective marketing
strategies. Net income also benefited from lower percentage of selling, general
and administrative expense and cost of sales, the absence of loss on accounting
change on assets retirement.
More Business
Descriptions
· Retail trade in Buddhist altars and associated fittings
·
Other Specialty Food Stores
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Executive report
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Board of Directors |
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Chairman of the Board, Representative Director |
Chairman |
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Independent Director |
Director/Board Member |
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Independent Director |
Director/Board Member |
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Executive Officer, Manager of Marketing Group, Director of Sales
Planning, Director |
Director/Board Member |
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President, Representative Director |
Director/Board Member |
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Vice President, Executive Officer, Manager of Jija Baetyl Group,
Director |
Director/Board Member |
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Executive Officer, Manager of Sales Support Group, Manager of Business
Reform Promotion Office, Director |
Director/Board Member |
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Managing Director |
Director/Board Member |
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Executive Officer, Assistant Manager of Marketing Group, Director of
Western Japan Sales, Director |
Director/Board Member |
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Executives |
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Co-Managing Director |
Chief Executive Officer |
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Co-Managing Director |
Chief Executive Officer |
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President, Representative Director |
President |
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Vice President, Executive Officer, Manager of Jija Baetyl Group,
Director |
Division Head Executive |
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Managing Director |
Managing Director |
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Co-Auditor |
Finance Executive |
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Director-Accounting, Planning & Information System |
Finance Executive |
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Co-Auditor |
Finance Executive |
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Executive Officer, Assistant Manager of Marketing Group, Director of
Western Japan Sales, Director |
Sales Executive |
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Executive Officer, Director of Holy Stone |
Other |
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Executive Officer, Director of Charnel House Development |
Other |
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Director of Business Administration |
Other |
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Executive Officer, Assistant Manager of Jija Baetyl Group |
Other |
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Significant Developments
Hasegawa Co., Ltd. Completes Offer Off-floor Distribution of Shares May 31, 2012
Hasegawa Co., Ltd. announced that it has completed the offer of an off-floor distribution of 600,000 shares of its stock, at the price of JPY 346 per share, on the Tokyo Stock Exchange on May 31, 2012.
Hasegawa Co., Ltd. to Offer Off-floor Distribution of Shares May 30, 2012
Hasegawa Co., Ltd. announced that it will offer an off-floor distribution of 600,000 shares of its stock, at the price of JPY 346 per share, on the Tokyo Stock Exchange on May 31, 2012. The limitation for purchase the distribution is up to 10,000 shares for each customer.
Hasegawa Co., Ltd. to Offer Off-floor Distribution of Shares May 15, 2012
Hasegawa Co., Ltd. announced that it has decided to offer off-floor distribution of 600,000 shares, during the period from May 30, 2012 to June 1, 2012.
Hasegawa Co., Ltd. Amends Consolidated Full-year Outlook for FY 2012 May 02, 2012
Hasegawa Co., Ltd. announced that it has lowered the consolidated full-year outlook for revenue from JPY 21,078 million to JPY 20,704 million, but has raised full-year outlook for operating profit from JPY 1,669 million to JPY 1,929 million, ordinary profit from JPY 1,354 million to JPY 1,725 million, net profit from JPY 557 million to JPY 570 million and earning per share from JPY 31.87 to JPY 32.59 for the fiscal year ended March 31, 2012. The positive profit outlook is mainly due to reduction of sales administration costs.
Hasegawa Co., Ltd. to Delist from Osaka Securities Exchange Mar 30, 2012
Hasegawa Co., Ltd. announced that it has filed for delisting from Osaka Securities Exchange, effective April 2, 2012. It common stock remains listing on the Tokyo Stock Exchange and Fukuoka Stock Exchange.
Hasegawa Co., Ltd. to Be Listed on Tokyo Stock Exchange Second Section Mar 22, 2012
Hasegawa Co., Ltd. announced that its stock will be listed on the Tokyo Stock Exchange second section, effective March 29, 2012.
Hasegawa Co., Ltd.
Raises Consolidated Mid-year Outlook for FY 2012; Expects Extraordinary Loss
for FY 2012 Oct 25, 2011
Hasegawa Co., Ltd.
announced that it has raised the consolidated mid-year outlook for revenue from
JPY 10,436 million to JPY 10,641 million, operating profit from JPY 784 million
to JPY 1,072 million, ordinary profit from JPY 644 million to JPY 958 million,
net profit from JPY 189 million to JPY 408 million and earning per share from
JPY 10.84 to JPY 23.36 for the fiscal year ending March 31, 2012. The positive
outlook is mainly due to the decrease of costs. The Company is also expecting
an extraordinary loss of JPY 163,970,000, as record of bad debt allowance.
Annual Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
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31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
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UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
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Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
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Exchange Rate
(Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
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Auditor |
Deloitte Touche
Tohmatsu |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
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Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
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Net Sales |
262.2 |
239.0 |
214.9 |
210.6 |
191.6 |
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Revenue |
262.2 |
239.0 |
214.9 |
210.6 |
191.6 |
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Total Revenue |
262.2 |
239.0 |
214.9 |
210.6 |
191.6 |
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Cost of Revenue |
95.5 |
86.7 |
79.4 |
84.9 |
79.9 |
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Cost of Revenue, Total |
95.5 |
86.7 |
79.4 |
84.9 |
79.9 |
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Gross Profit |
166.7 |
152.3 |
135.4 |
125.6 |
111.7 |
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Selling/General/Administrative Expense |
59.2 |
55.2 |
52.6 |
51.2 |
45.5 |
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Labor & Related Expense |
70.8 |
64.4 |
57.2 |
56.1 |
47.3 |
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Advertising Expense |
12.3 |
12.0 |
9.7 |
9.9 |
9.0 |
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Total Selling/General/Administrative Expenses |
142.3 |
131.6 |
119.5 |
117.2 |
101.8 |
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Impairment-Assets Held for Use |
1.2 |
0.1 |
1.4 |
3.1 |
4.1 |
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Impairment-Assets Held for Sale |
0.0 |
0.8 |
0.0 |
1.8 |
0.1 |
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Other Unusual Expense (Income) |
1.7 |
5.6 |
2.0 |
-0.2 |
-1.8 |
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Unusual Expense (Income) |
2.9 |
6.5 |
3.4 |
4.7 |
2.3 |
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Total Operating Expense |
240.6 |
224.8 |
202.3 |
206.8 |
184.0 |
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Operating Income |
21.6 |
14.2 |
12.6 |
3.7 |
7.6 |
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Interest Expense -
Non-Operating |
-2.7 |
-3.3 |
-3.3 |
-3.3 |
-2.8 |
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Interest Expense, Net Non-Operating |
-2.7 |
-3.3 |
-3.3 |
-3.3 |
-2.8 |
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Interest Income -
Non-Operating |
0.3 |
0.1 |
0.2 |
0.2 |
0.1 |
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Investment Income -
Non-Operating |
0.1 |
0.0 |
0.1 |
-2.3 |
0.4 |
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Interest/Investment Income - Non-Operating |
0.5 |
0.2 |
0.3 |
-2.1 |
0.6 |
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Interest Income (Expense) - Net Non-Operating Total |
-2.2 |
-3.1 |
-2.9 |
-5.4 |
-2.3 |
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Gain (Loss) on Sale of Assets |
-0.2 |
-0.2 |
-0.2 |
1.2 |
-0.2 |
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Other Non-Operating Income (Expense) |
-0.4 |
-0.4 |
0.2 |
-1.0 |
0.0 |
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Other, Net |
-0.4 |
-0.4 |
0.2 |
-1.0 |
0.0 |
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Income Before Tax |
18.8 |
10.4 |
9.7 |
-1.4 |
5.2 |
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Total Income Tax |
11.5 |
6.4 |
7.4 |
-3.2 |
0.4 |
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Income After Tax |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
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Net Income Before Extraord Items |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
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Net Income |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
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Miscellaneous Earnings Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Adjustments to Net Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Income Available to Common Excl Extraord Items |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
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Income Available to Common Incl Extraord Items |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
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Basic/Primary Weighted Average Shares |
17.5 |
17.5 |
17.6 |
17.8 |
17.9 |
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Basic EPS Excl Extraord Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
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Basic/Primary EPS Incl Extraord Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
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Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Diluted Net Income |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
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Diluted Weighted Average Shares |
17.5 |
17.5 |
17.6 |
17.8 |
17.9 |
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Diluted EPS Excl Extraord Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
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Diluted EPS Incl Extraord Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
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Dividends per Share - Common Stock Primary Issue |
0.09 |
0.09 |
0.09 |
0.07 |
0.03 |
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Gross Dividends - Common Stock |
1.7 |
1.5 |
1.6 |
1.3 |
0.6 |
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Interest Expense, Supplemental |
2.7 |
3.3 |
3.3 |
3.3 |
2.8 |
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Depreciation, Supplemental |
3.7 |
3.6 |
3.4 |
2.7 |
2.3 |
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Total Special Items |
3.1 |
6.7 |
3.6 |
3.5 |
2.5 |
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Normalized Income Before Tax |
21.9 |
17.1 |
13.2 |
2.1 |
7.6 |
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Effect of Special Items on Income Taxes |
1.1 |
2.3 |
1.2 |
1.2 |
0.2 |
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Inc Tax Ex Impact of Sp Items |
12.6 |
8.8 |
8.7 |
-2.0 |
0.7 |
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Normalized Income After Tax |
9.2 |
8.4 |
4.6 |
4.1 |
7.0 |
|
|
|
|
|
|
|
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Normalized Inc. Avail to Com. |
9.2 |
8.4 |
4.6 |
4.1 |
7.0 |
|
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Basic Normalized EPS |
0.53 |
0.48 |
0.26 |
0.23 |
0.39 |
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Diluted Normalized EPS |
0.53 |
0.48 |
0.26 |
0.23 |
0.39 |
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Rental Expenses |
15.8 |
15.0 |
14.6 |
14.5 |
13.8 |
|
Advertising Expense, Supplemental |
12.3 |
12.0 |
9.7 |
9.9 |
9.0 |
|
Reported Operating Profit |
24.4 |
20.7 |
16.0 |
8.4 |
9.9 |
|
Reported Ordinary Profit |
21.8 |
17.1 |
13.0 |
4.1 |
7.0 |
|
Normalized EBIT |
24.4 |
20.7 |
16.0 |
8.5 |
9.9 |
|
Normalized EBITDA |
28.1 |
24.3 |
19.4 |
11.2 |
12.1 |
|
Current Tax - Total |
10.2 |
- |
- |
- |
- |
|
Current Tax - Total |
10.2 |
- |
- |
- |
- |
|
Deferred Tax - Total |
1.4 |
- |
- |
- |
- |
|
Deferred Tax - Total |
1.4 |
- |
- |
- |
- |
|
Income Tax - Total |
11.5 |
- |
- |
- |
- |
|
Interest Cost - Domestic |
0.4 |
0.3 |
0.2 |
0.4 |
0.4 |
|
Service Cost - Domestic |
1.8 |
1.5 |
1.5 |
1.4 |
1.3 |
|
Prior Service Cost - Domestic |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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Expected Return on Assets - Domestic |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
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Actuarial Gains and Losses - Domestic |
-0.1 |
0.0 |
-1.5 |
3.0 |
0.7 |
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Other Pension, Net - Domestic |
0.6 |
- |
- |
- |
- |
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Domestic Pension Plan Expense |
2.6 |
1.7 |
0.2 |
4.7 |
2.4 |
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Defined Contribution Expense - Domestic |
- |
0.6 |
0.5 |
0.3 |
- |
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Total Pension Expense |
2.6 |
2.3 |
0.7 |
5.0 |
2.4 |
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Discount Rate - Domestic |
1.74% |
1.74% |
1.74% |
1.34% |
2.50% |
|
Expected Rate of Return - Domestic |
1.00% |
1.00% |
1.00% |
1.00% |
1.00% |
|
Total Plan Interest Cost |
0.4 |
0.3 |
0.2 |
0.4 |
0.4 |
|
Total Plan Service Cost |
1.8 |
1.5 |
1.5 |
1.4 |
1.3 |
|
Total Plan Expected Return |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
|
Total Plan Other Expense |
0.6 |
- |
- |
- |
- |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.385362 |
82.88 |
93.44 |
98.77 |
99.535 |
|
Auditor |
Deloitte Touche
Tohmatsu |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Equivalents |
46.1 |
45.4 |
32.5 |
36.1 |
38.3 |
|
Cash and Short Term Investments |
46.1 |
45.4 |
32.5 |
36.1 |
38.3 |
|
Accounts Receivable -
Trade, Gross |
9.2 |
9.6 |
7.8 |
6.1 |
6.7 |
|
Provision for Doubtful
Accounts |
-0.1 |
-0.1 |
-0.2 |
-0.2 |
-0.2 |
|
Trade Accounts Receivable - Net |
9.1 |
9.5 |
7.7 |
5.9 |
6.5 |
|
Total Receivables, Net |
9.1 |
9.5 |
7.7 |
5.9 |
6.5 |
|
Inventories - Finished Goods |
35.3 |
39.1 |
35.9 |
32.3 |
33.2 |
|
Inventories - Work In Progress |
0.9 |
1.0 |
0.6 |
0.7 |
1.1 |
|
Inventories - Raw Materials |
0.5 |
0.5 |
0.9 |
0.9 |
1.0 |
|
Total Inventory |
36.7 |
40.6 |
37.5 |
33.8 |
35.3 |
|
Deferred Income Tax - Current Asset |
2.4 |
2.4 |
5.4 |
1.6 |
1.7 |
|
Other Current Assets |
4.5 |
6.0 |
6.8 |
5.8 |
8.0 |
|
Other Current Assets, Total |
6.9 |
8.4 |
12.2 |
7.4 |
9.7 |
|
Total Current Assets |
98.8 |
104.0 |
89.9 |
83.3 |
89.8 |
|
|
|
|
|
|
|
|
Property/Plant/Equipment - Net |
32.4 |
34.6 |
32.0 |
32.3 |
34.7 |
|
Intangibles, Net |
2.8 |
3.0 |
2.4 |
0.6 |
1.2 |
|
LT Investment - Affiliate Companies |
0.2 |
0.2 |
- |
- |
- |
|
LT Investments - Other |
9.9 |
6.0 |
6.5 |
6.1 |
11.3 |
|
Long Term Investments |
10.1 |
6.2 |
6.5 |
6.1 |
11.3 |
|
Note Receivable - Long Term |
4.6 |
6.1 |
4.1 |
2.0 |
3.5 |
|
Deferred Income Tax - Long Term Asset |
6.3 |
7.5 |
7.6 |
15.3 |
10.4 |
|
Other Long Term Assets |
101.7 |
118.4 |
111.4 |
104.5 |
77.7 |
|
Other Long Term Assets, Total |
107.9 |
125.9 |
119.0 |
119.8 |
88.1 |
|
Total Assets |
256.5 |
279.7 |
254.0 |
244.0 |
228.5 |
|
|
|
|
|
|
|
|
Accounts Payable |
13.8 |
13.8 |
12.6 |
12.2 |
17.6 |
|
Accrued Expenses |
2.9 |
2.4 |
2.0 |
1.9 |
1.9 |
|
Notes Payable/Short Term Debt |
49.4 |
16.9 |
18.5 |
17.5 |
23.7 |
|
Current Portion - Long Term Debt/Capital Leases |
1.6 |
51.4 |
48.1 |
42.9 |
34.8 |
|
Income Taxes Payable |
9.2 |
2.2 |
1.3 |
1.2 |
1.5 |
|
Other Payables |
5.1 |
6.0 |
4.7 |
3.9 |
4.9 |
|
Other Current Liabilities |
12.1 |
11.5 |
9.8 |
8.4 |
9.7 |
|
Other Current liabilities, Total |
26.5 |
19.7 |
15.8 |
13.5 |
16.0 |
|
Total Current Liabilities |
94.3 |
104.3 |
97.0 |
87.9 |
94.1 |
|
|
|
|
|
|
|
|
Long Term Debt |
58.5 |
76.1 |
71.9 |
76.5 |
62.5 |
|
Capital Lease Obligations |
4.8 |
5.9 |
5.6 |
4.6 |
0.0 |
|
Total Long Term Debt |
63.3 |
82.0 |
77.6 |
81.0 |
62.5 |
|
Total Debt |
114.3 |
150.4 |
144.2 |
141.4 |
121.0 |
|
|
|
|
|
|
|
|
Reserves |
3.9 |
3.8 |
0.0 |
- |
- |
|
Pension Benefits - Underfunded |
11.9 |
12.4 |
11.8 |
12.2 |
9.2 |
|
Other Long Term Liabilities |
2.3 |
2.3 |
2.1 |
2.2 |
2.1 |
|
Other Liabilities, Total |
18.0 |
18.5 |
13.9 |
14.4 |
11.4 |
|
Total Liabilities |
175.6 |
204.8 |
188.5 |
183.3 |
168.0 |
|
|
|
|
|
|
|
|
Common Stock |
47.5 |
47.2 |
41.9 |
39.6 |
39.3 |
|
Common Stock |
47.5 |
47.2 |
41.9 |
39.6 |
39.3 |
|
Additional Paid-In Capital |
17.7 |
17.5 |
15.5 |
14.7 |
15.3 |
|
Retained Earnings (Accumulated Deficit) |
17.7 |
12.3 |
9.5 |
7.6 |
6.3 |
|
Treasury Stock - Common |
-2.1 |
-2.1 |
-1.8 |
-0.9 |
-0.7 |
|
Unrealized Gain (Loss) |
0.1 |
0.0 |
0.3 |
-0.4 |
0.4 |
|
Translation Adjustment |
- |
- |
0.0 |
0.0 |
-0.1 |
|
Other Equity |
0.0 |
- |
- |
- |
- |
|
Other Equity, Total |
0.0 |
- |
0.0 |
0.0 |
-0.1 |
|
Total Equity |
80.9 |
74.9 |
65.4 |
60.6 |
60.6 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
256.5 |
279.7 |
254.0 |
244.0 |
228.5 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
17.5 |
17.5 |
17.5 |
17.8 |
17.9 |
|
Total Common Shares Outstanding |
17.5 |
17.5 |
17.5 |
17.8 |
17.9 |
|
Treasury Shares - Common Stock Primary Issue |
0.5 |
0.5 |
0.5 |
0.2 |
0.2 |
|
Employees |
816 |
816 |
844 |
815 |
822 |
|
Number of Common Shareholders |
1,312 |
1,360 |
1,337 |
1,348 |
1,332 |
|
Total Long Term Debt, Supplemental |
101.8 |
126.1 |
119.0 |
118.7 |
97.3 |
|
Long Term Debt Maturing within 1 Year |
43.4 |
50.0 |
47.1 |
42.3 |
34.8 |
|
Long Term Debt Maturing in Year 2 |
32.0 |
36.7 |
33.5 |
35.0 |
28.4 |
|
Long Term Debt Maturing in Year 3 |
17.3 |
25.3 |
21.6 |
21.3 |
19.7 |
|
Long Term Debt Maturing in Year 4 |
6.8 |
11.1 |
13.7 |
11.7 |
9.4 |
|
Long Term Debt Maturing in Year 5 |
2.4 |
3.1 |
3.0 |
8.1 |
3.1 |
|
Long Term Debt Maturing in 2-3 Years |
49.3 |
62.0 |
55.1 |
56.2 |
48.1 |
|
Long Term Debt Maturing in 4-5 Years |
9.2 |
14.1 |
16.7 |
19.8 |
12.4 |
|
Long Term Debt Matur. in Year 6 & Beyond |
0.0 |
0.0 |
0.1 |
0.4 |
2.0 |
|
Total Capital Leases, Supplemental |
6.4 |
7.4 |
6.7 |
5.2 |
- |
|
Capital Lease Payments Due in Year 1 |
1.6 |
1.5 |
1.1 |
0.6 |
- |
|
Capital Lease Payments Due in Year 2 |
1.6 |
1.5 |
1.1 |
0.6 |
- |
|
Capital Lease Payments Due in Year 3 |
1.2 |
1.5 |
1.1 |
0.6 |
- |
|
Capital Lease Payments Due in Year 4 |
0.8 |
1.1 |
1.1 |
0.6 |
- |
|
Capital Lease Payments Due in Year 5 |
0.8 |
0.7 |
0.8 |
0.6 |
- |
|
Capital Lease Payments Due in 2-3 Years |
2.8 |
3.0 |
2.2 |
1.2 |
- |
|
Capital Lease Payments Due in 4-5 Years |
1.6 |
1.9 |
1.9 |
1.3 |
- |
|
Cap. Lease Pymts. Due in Year 6 & Beyond |
0.4 |
1.1 |
1.6 |
2.1 |
- |
|
Pension Obligation - Domestic |
22.7 |
22.1 |
19.2 |
18.8 |
21.5 |
|
Plan Assets - Domestic |
15.2 |
13.9 |
11.2 |
10.0 |
15.5 |
|
Funded Status - Domestic |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Total Funded Status |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Discount Rate - Domestic |
1.74% |
1.74% |
1.74% |
1.34% |
2.50% |
|
Expected Rate of Return - Domestic |
1.00% |
1.00% |
1.00% |
1.00% |
1.00% |
|
Accrued Liabilities - Domestic |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Other Assets, Net - Domestic |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Net Assets Recognized on Balance Sheet |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Total Plan Obligations |
22.7 |
22.1 |
19.2 |
18.8 |
21.5 |
|
Total Plan Assets |
15.2 |
13.9 |
11.2 |
10.0 |
15.5 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
Deloitte Touche
Tohmatsu |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
18.8 |
10.4 |
9.7 |
-1.4 |
5.2 |
|
Depreciation |
3.7 |
3.6 |
3.4 |
2.7 |
2.3 |
|
Depreciation/Depletion |
3.7 |
3.6 |
3.4 |
2.7 |
2.3 |
|
Unusual Items |
1.4 |
3.6 |
1.3 |
6.4 |
3.7 |
|
Equity in Net Earnings (Loss) |
- |
- |
0.0 |
0.2 |
0.4 |
|
Other Non-Cash Items |
1.7 |
6.2 |
4.4 |
4.2 |
2.2 |
|
Non-Cash Items |
3.2 |
9.8 |
5.8 |
10.8 |
6.3 |
|
Accounts Receivable |
0.5 |
-0.8 |
-1.4 |
0.7 |
0.6 |
|
Inventories |
4.4 |
1.6 |
-1.8 |
1.7 |
-0.8 |
|
Other Assets |
1.8 |
-0.8 |
-0.3 |
-0.3 |
-1.7 |
|
Accounts Payable |
-0.1 |
-0.4 |
-0.2 |
-5.5 |
2.0 |
|
Accrued Expenses |
0.5 |
0.2 |
0.0 |
-0.1 |
0.0 |
|
Payable/Accrued |
-0.9 |
0.9 |
0.5 |
-1.0 |
0.2 |
|
Taxes Payable |
-0.1 |
0.4 |
-0.2 |
0.4 |
-0.1 |
|
Other Liabilities |
0.9 |
0.2 |
0.9 |
-1.9 |
0.6 |
|
Other Operating Cash Flow |
-2.0 |
-3.5 |
-5.8 |
-2.1 |
-3.4 |
|
Changes in Working Capital |
4.9 |
-2.2 |
-8.4 |
-8.1 |
-2.6 |
|
Cash from Operating Activities |
30.5 |
21.7 |
10.5 |
4.1 |
11.0 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-0.8 |
-0.7 |
-1.7 |
-2.4 |
-6.1 |
|
Purchase/Acquisition of Intangibles |
-0.1 |
-0.1 |
0.0 |
0.0 |
0.0 |
|
Capital Expenditures |
-0.9 |
-0.7 |
-1.7 |
-2.5 |
-6.1 |
|
Sale of Fixed Assets |
0.1 |
0.5 |
0.0 |
1.5 |
0.0 |
|
Sale/Maturity of Investment |
6.5 |
6.5 |
5.4 |
4.7 |
5.5 |
|
Purchase of Investments |
-7.7 |
-6.0 |
-4.7 |
-4.3 |
-4.1 |
|
Sale of Intangible Assets |
- |
0.1 |
0.0 |
- |
- |
|
Other Investing Cash Flow |
11.4 |
2.6 |
-6.3 |
-17.6 |
-7.2 |
|
Other Investing Cash Flow Items, Total |
10.2 |
3.7 |
-5.6 |
-15.7 |
-5.8 |
|
Cash from Investing Activities |
9.3 |
3.0 |
-7.3 |
-18.2 |
-11.9 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
0.0 |
- |
- |
- |
- |
|
Financing Cash Flow Items |
0.0 |
- |
- |
- |
- |
|
Cash Dividends Paid - Common |
-1.7 |
-2.5 |
-0.7 |
-1.3 |
-0.6 |
|
Total Cash Dividends Paid |
-1.7 |
-2.5 |
-0.7 |
-1.3 |
-0.6 |
|
Sale/Issuance of
Common |
0.0 |
0.0 |
- |
- |
- |
|
Common Stock, Net |
0.0 |
0.0 |
-0.9 |
-0.2 |
0.0 |
|
Issuance (Retirement) of Stock, Net |
0.0 |
0.0 |
-0.9 |
-0.2 |
0.0 |
|
Short Term Debt
Reduction |
- |
- |
0.0 |
-0.5 |
0.0 |
|
Short Term Debt, Net |
-11.4 |
-3.9 |
0.0 |
-6.8 |
-5.8 |
|
Long Term Debt Issued |
27.9 |
49.8 |
42.7 |
59.2 |
42.1 |
|
Long Term Debt
Reduction |
-55.5 |
-59.0 |
-50.1 |
-39.0 |
-36.0 |
|
Long Term Debt, Net |
-27.7 |
-9.2 |
-7.4 |
20.3 |
6.1 |
|
Issuance (Retirement) of Debt, Net |
-39.1 |
-13.0 |
-7.4 |
13.4 |
0.3 |
|
Cash from Financing Activities |
-40.7 |
-15.5 |
-9.1 |
11.9 |
-0.3 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
0.0 |
-0.1 |
0.0 |
0.0 |
-0.1 |
|
Net Change in Cash |
-1.0 |
9.1 |
-6.0 |
-2.2 |
-1.1 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
43.7 |
31.3 |
34.8 |
34.3 |
31.3 |
|
Net Cash - Ending Balance |
42.8 |
40.3 |
28.8 |
32.2 |
30.2 |
|
Cash Interest Paid |
2.7 |
3.3 |
3.3 |
3.1 |
2.8 |
|
Cash Taxes Paid |
2.8 |
0.7 |
3.0 |
1.3 |
0.9 |
Annual Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
Deloitte Touche
Tohmatsu |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
262.2 |
239.0 |
214.9 |
210.6 |
191.6 |
|
Total Revenue |
262.2 |
239.0 |
214.9 |
210.6 |
191.6 |
|
|
|
|
|
|
|
|
Cost of goods sold |
95.5 |
86.7 |
79.4 |
84.9 |
79.9 |
|
Sales Promotion Cost |
12.3 |
12.0 |
9.7 |
9.9 |
9.0 |
|
Share-based compensation expenses |
0.3 |
- |
- |
- |
- |
|
Other Selling/General/Admin. Expense |
0.0 |
- |
- |
- |
- |
|
Allow. for Doubtful Account |
0.0 |
0.0 |
0.1 |
0.0 |
0.2 |
|
Salaries and bonuses,allowances |
52.4 |
47.7 |
43.9 |
40.0 |
35.2 |
|
Bonus Allowance |
2.9 |
2.1 |
1.7 |
1.6 |
1.4 |
|
Directors'' retirement benefits |
0.0 |
0.5 |
0.3 |
0.0 |
- |
|
Periodic Retirement Expense |
2.3 |
2.2 |
0.6 |
4.8 |
2.3 |
|
Provision for directors'' retirement ben |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
|
Welfare Expenses |
13.0 |
11.7 |
10.5 |
9.4 |
8.2 |
|
Stock Remuneration Expense |
- |
- |
- |
- |
0.0 |
|
Rental Expense |
15.8 |
15.0 |
14.6 |
14.5 |
13.8 |
|
Other SGA |
43.0 |
40.2 |
37.8 |
36.7 |
31.4 |
|
Loss On Closing Of Stores |
0.0 |
- |
- |
- |
- |
|
SP Rev. Stock Right |
-0.3 |
0.0 |
0.0 |
0.0 |
- |
|
SP Rev. Doubtful Acct. |
0.0 |
0.0 |
0.0 |
-0.3 |
-1.8 |
|
SP G on Retir.Benefit Ending |
- |
- |
0.0 |
-0.5 |
0.0 |
|
SP Impairment Loss |
1.2 |
0.1 |
1.4 |
3.1 |
4.1 |
|
SP Loss Valu. Inv. Secs |
0.0 |
0.8 |
0.0 |
1.8 |
0.1 |
|
SP Loss Valuation of Contrib. Inv't |
- |
- |
- |
- |
0.0 |
|
SP L-adjust.for changes of acct. assets |
0.0 |
2.3 |
0.0 |
- |
- |
|
SP Allow.Doubtful Acct. |
1.9 |
3.0 |
2.1 |
0.0 |
- |
|
SP Additional SP.Retire |
- |
- |
0.0 |
0.6 |
0.0 |
|
SP Store Close Loss |
- |
0.3 |
0.0 |
- |
- |
|
SP L on closing of stores |
- |
0.0 |
- |
- |
- |
|
Total Operating Expense |
240.6 |
224.8 |
202.3 |
206.8 |
184.0 |
|
|
|
|
|
|
|
|
SP Gain-Sale Fixed Assets |
0.0 |
0.0 |
0.0 |
1.7 |
0.0 |
|
SP Gain-Sale Inv.Secs. |
0.0 |
0.0 |
0.2 |
0.0 |
0.6 |
|
SP G on sale of inv't in closely-held |
- |
- |
- |
0.0 |
0.0 |
|
SP Sale&Write Off Fixed Assets |
-0.2 |
-0.2 |
-0.2 |
-0.4 |
-0.2 |
|
SP Loss Sale Inv. Secs. |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
SP L on Sale of Affiliated Secs. |
- |
- |
0.0 |
-2.1 |
0.0 |
|
SP Liquid. L on Affiliates Co. |
- |
- |
- |
- |
0.0 |
|
NOP Interest Income |
0.3 |
0.1 |
0.2 |
0.2 |
0.1 |
|
NOP Dividend Income |
0.1 |
0.1 |
0.1 |
0.1 |
0.2 |
|
Other Non-Operating Income (Expense) |
0.0 |
- |
- |
- |
- |
|
NOP Rent Income |
3.8 |
3.6 |
3.3 |
0.2 |
0.0 |
|
NOP Exchange Gain |
- |
- |
- |
- |
0.0 |
|
NOP Other Income |
1.0 |
0.8 |
0.6 |
0.8 |
0.7 |
|
NOP Interest Expense |
-2.7 |
-3.3 |
-3.3 |
-3.3 |
-2.8 |
|
NOP Equity Loss |
- |
- |
0.0 |
-0.2 |
-0.4 |
|
NOP Rental expenses |
-3.5 |
-3.3 |
-3.1 |
0.0 |
- |
|
NOP Exchange Loss |
0.0 |
-0.1 |
-0.2 |
-0.1 |
-0.1 |
|
NOP Allowance for Doubtful Accounts |
-0.8 |
-1.0 |
-0.2 |
-1.2 |
-0.2 |
|
NOP Other Expenses |
-0.8 |
-0.4 |
-0.5 |
-0.7 |
-0.5 |
|
Net Income Before Taxes |
18.8 |
10.4 |
9.7 |
-1.4 |
5.2 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
11.5 |
6.4 |
7.4 |
-3.2 |
0.4 |
|
Net Income After Taxes |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
|
|
|
|
|
|
|
Net Income Before Extra. Items |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
Net Income |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
|
|
|
|
|
|
|
Rounding adjustment Income Statement |
0.0 |
- |
- |
- |
- |
|
Directors' Bonus |
- |
- |
- |
- |
0.0 |
|
Adjustment |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Income Available to Com Excl ExtraOrd |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
17.5 |
17.5 |
17.6 |
17.8 |
17.9 |
|
Basic EPS Excluding ExtraOrdinary Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
|
Basic EPS Including ExtraOrdinary Item |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
Diluted Weighted Average Shares |
17.5 |
17.5 |
17.6 |
17.8 |
17.9 |
|
Diluted EPS Excluding ExtraOrd Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
|
Diluted EPS Including ExtraOrd Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
|
DPS-Common Stock |
0.09 |
0.09 |
0.09 |
0.07 |
0.03 |
|
Gross Dividends - Common Stock |
1.7 |
1.5 |
1.6 |
1.3 |
0.6 |
|
Normalized Income Before Taxes |
21.9 |
17.1 |
13.2 |
2.1 |
7.6 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
12.6 |
8.8 |
8.7 |
-2.0 |
0.7 |
|
Normalized Income After Taxes |
9.2 |
8.4 |
4.6 |
4.1 |
7.0 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
9.2 |
8.4 |
4.6 |
4.1 |
7.0 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.53 |
0.48 |
0.26 |
0.23 |
0.39 |
|
Diluted Normalized EPS |
0.53 |
0.48 |
0.26 |
0.23 |
0.39 |
|
Sales Promotion Cost |
12.3 |
12.0 |
9.7 |
9.9 |
9.0 |
|
Interest Expense |
2.7 |
3.3 |
3.3 |
3.3 |
2.8 |
|
Rental Expense |
15.8 |
15.0 |
14.6 |
14.5 |
13.8 |
|
Amort of Tangible Assets-Current Portion |
3.7 |
- |
- |
- |
- |
|
Depreciation |
- |
3.6 |
3.4 |
2.7 |
2.3 |
|
Income taxes-current |
10.2 |
- |
- |
- |
- |
|
Current Tax - Total |
10.2 |
- |
- |
- |
- |
|
Income taxes-deferred |
1.4 |
- |
- |
- |
- |
|
Deferred Tax - Total |
1.4 |
- |
- |
- |
- |
|
Income Tax - Total |
11.5 |
- |
- |
- |
- |
|
Reported Operating Profit |
24.4 |
20.7 |
16.0 |
8.4 |
9.9 |
|
Reported Ordinary Profit |
21.8 |
17.1 |
13.0 |
4.1 |
7.0 |
|
Retirement Benefit Expenses Other Extrao |
0.6 |
- |
- |
- |
- |
|
Service Cost |
1.8 |
1.5 |
1.5 |
1.4 |
1.3 |
|
Interest Cost |
0.4 |
0.3 |
0.2 |
0.4 |
0.4 |
|
Expected Return of Plan Asset |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
|
Prior Service Cost |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Actuarial G/L |
-0.1 |
0.0 |
-1.5 |
3.0 |
0.7 |
|
Domestic Pension Plan Expense |
2.6 |
1.7 |
0.2 |
4.7 |
2.4 |
|
Defined contribution expenses |
- |
0.6 |
0.5 |
0.3 |
- |
|
Total Pension Expense |
2.6 |
2.3 |
0.7 |
5.0 |
2.4 |
|
Discount Rate(MIN)-Retirement Cost(Domes |
1.74% |
- |
- |
- |
- |
|
Discount Rate |
- |
1.74% |
1.74% |
1.34% |
2.50% |
|
Expected return on assets(MIN)-Retiremen |
1.00% |
- |
- |
- |
- |
|
Expected Rate of Return |
- |
1.00% |
1.00% |
1.00% |
1.00% |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.385362 |
82.88 |
93.44 |
98.77 |
99.535 |
|
Auditor |
Deloitte Touche
Tohmatsu |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Deposit |
46.1 |
45.4 |
32.5 |
36.1 |
38.3 |
|
Notes and accounts receivable-trade |
9.2 |
9.6 |
7.8 |
6.1 |
6.7 |
|
Merchandise & Product |
35.3 |
39.1 |
35.9 |
32.3 |
33.2 |
|
Work in Process |
0.9 |
1.0 |
0.6 |
0.7 |
1.1 |
|
Raw Materials & Supplies |
0.5 |
0.5 |
0.9 |
0.9 |
1.0 |
|
Deferred Tax |
2.4 |
2.4 |
5.4 |
1.6 |
1.7 |
|
Rounding adjustment Assets |
0.0 |
- |
- |
- |
- |
|
Other Current Assets |
4.5 |
6.0 |
6.8 |
5.8 |
8.0 |
|
Allow. for Doubtful Account |
-0.1 |
-0.1 |
-0.2 |
-0.2 |
-0.2 |
|
Total Current Assets |
98.8 |
104.0 |
89.9 |
83.3 |
89.8 |
|
|
|
|
|
|
|
|
Other Total Property/Plant/Equipment, Ne |
0.0 |
- |
- |
- |
- |
|
Buildings and structures, net |
9.1 |
10.3 |
9.7 |
9.8 |
10.9 |
|
Fixtures,net |
7.0 |
7.5 |
6.0 |
6.5 |
6.7 |
|
Machinery, equipment and vehicles, net |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Land |
13.1 |
13.2 |
12.6 |
11.9 |
13.2 |
|
Lease assets, net |
0.3 |
0.4 |
0.3 |
0.4 |
0.0 |
|
Const. Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other, net |
2.8 |
3.1 |
3.2 |
3.5 |
3.6 |
|
Total intangible assets |
2.8 |
3.0 |
2.4 |
0.6 |
1.2 |
|
Lease assets |
3.8 |
- |
- |
- |
- |
|
other LT investment |
6.1 |
- |
- |
- |
- |
|
Investment Secs. |
- |
6.0 |
6.5 |
6.1 |
11.3 |
|
Invt Secs Noncons, Asc, Affd Cos |
0.1 |
- |
- |
- |
- |
|
Invts in Capital Noncons, Ascd, Affd Cos |
0.1 |
- |
- |
- |
- |
|
Equity secs.-nonconsolidated affil. |
- |
0.2 |
- |
- |
- |
|
Long-term loans receivable |
4.6 |
6.1 |
4.1 |
2.0 |
3.5 |
|
Deferred tax assets |
6.3 |
7.5 |
7.6 |
15.3 |
10.4 |
|
Rounding adjustment Assets |
0.0 |
- |
- |
- |
- |
|
Other Other Long Term Assets |
12.1 |
- |
- |
- |
- |
|
Other Other Long Term Assets |
0.0 |
- |
- |
- |
- |
|
Lease Assets (Inv't & Other Assets) |
- |
4.4 |
4.4 |
4.7 |
0.0 |
|
Operational Deposit |
80.3 |
90.6 |
79.7 |
68.4 |
49.9 |
|
Security Deposit |
21.2 |
22.1 |
21.4 |
21.2 |
24.4 |
|
Other Assets |
- |
12.9 |
12.7 |
14.6 |
9.7 |
|
Allow. for Doubtful Account |
-12.0 |
-11.7 |
-6.8 |
-4.4 |
-6.3 |
|
Total Assets |
256.5 |
279.7 |
254.0 |
244.0 |
228.5 |
|
|
|
|
|
|
|
|
Notes and accounts payable-trade |
13.8 |
13.8 |
12.6 |
12.2 |
17.6 |
|
Short-term loans payable |
49.4 |
16.9 |
18.5 |
17.5 |
23.7 |
|
Current LT borrowings |
- |
50.0 |
47.1 |
42.3 |
34.8 |
|
Lease Debt (current) |
1.6 |
1.5 |
1.1 |
0.6 |
0.0 |
|
Accounts payable-other |
5.1 |
6.0 |
4.7 |
3.9 |
4.9 |
|
Tax Payable |
9.2 |
2.2 |
1.3 |
1.2 |
1.5 |
|
Bonus Allowance |
2.9 |
2.4 |
2.0 |
1.9 |
1.9 |
|
Rounding adjustment Liability |
0.0 |
- |
- |
- |
- |
|
Provision for sales promotion expenses |
0.2 |
0.3 |
0.3 |
0.0 |
- |
|
Other current liabilities |
11.9 |
11.2 |
9.5 |
8.4 |
9.7 |
|
Total Current Liabilities |
94.3 |
104.3 |
97.0 |
87.9 |
94.1 |
|
|
|
|
|
|
|
|
Long-term loans payable |
58.5 |
76.1 |
71.9 |
76.5 |
62.5 |
|
Lease Debt |
4.8 |
5.9 |
5.6 |
4.6 |
0.0 |
|
Total Long Term Debt |
63.3 |
82.0 |
77.6 |
81.0 |
62.5 |
|
|
|
|
|
|
|
|
Allow.Accr.Retir |
7.5 |
8.2 |
8.0 |
8.8 |
6.0 |
|
Asset retirement obligations |
3.9 |
3.8 |
0.0 |
- |
- |
|
Provision for directors'' retirement ben |
4.4 |
4.1 |
3.8 |
3.4 |
3.2 |
|
Other Long Term Liabilities |
0.0 |
- |
- |
- |
- |
|
Rounding adjustment Liability |
0.0 |
- |
- |
- |
- |
|
Other LT liabilities |
2.3 |
2.3 |
2.1 |
2.2 |
2.1 |
|
Total Liabilities |
175.6 |
204.8 |
188.5 |
183.3 |
168.0 |
|
|
|
|
|
|
|
|
Rounding adjustment Equity |
0.0 |
- |
- |
- |
- |
|
Common Stock |
47.5 |
47.2 |
41.9 |
39.6 |
39.3 |
|
Total capital surpluses |
17.4 |
17.3 |
15.3 |
14.5 |
15.0 |
|
Total retained earnings |
17.7 |
12.3 |
9.5 |
7.6 |
6.3 |
|
Treasury Stock |
-2.1 |
-2.1 |
-1.8 |
-0.9 |
-0.7 |
|
Valuation difference on available-for-sa |
0.1 |
0.0 |
0.3 |
-0.4 |
0.4 |
|
Trans. Adjust. |
- |
- |
0.0 |
0.0 |
-0.1 |
|
New Stock Subscrip. Right |
0.3 |
0.3 |
0.2 |
0.2 |
0.2 |
|
Total Equity |
80.9 |
74.9 |
65.4 |
60.6 |
60.6 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
256.5 |
279.7 |
254.0 |
244.0 |
228.5 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
17.5 |
17.5 |
17.5 |
17.8 |
17.9 |
|
Total Common Shares Outstanding |
17.5 |
17.5 |
17.5 |
17.8 |
17.9 |
|
T/S-Common Stock |
0.5 |
0.5 |
0.5 |
0.2 |
0.2 |
|
Full-Time Employees |
816 |
816 |
844 |
815 |
822 |
|
Total Number of Shareholders |
1,312 |
- |
- |
- |
- |
|
Number of Common Shareholders |
- |
1,360 |
1,337 |
1,348 |
1,332 |
|
LT Debts Maturing within 1yr. |
43.4 |
50.0 |
47.1 |
42.3 |
34.8 |
|
Lns Pble Maturing over a Yr within 2 Yrs |
32.0 |
- |
- |
- |
- |
|
LT Debts Maturing within 2yr. |
- |
36.7 |
33.5 |
35.0 |
28.4 |
|
Lns Pble Maturg over 2 Yrs within 3 Yrs |
17.3 |
- |
- |
- |
- |
|
LT Debts Maturing within 3yr. |
- |
25.3 |
21.6 |
21.3 |
19.7 |
|
Lns Pble Maturg over 3 Yrs within 4 Yrs |
6.8 |
- |
- |
- |
- |
|
LT Debts Maturing within 4yr. |
- |
11.1 |
13.7 |
11.7 |
9.4 |
|
Lns Pble Maturg over 4 Yrs within 5 Yrs |
2.4 |
- |
- |
- |
- |
|
LT Debts Maturing within 5yr. |
- |
3.1 |
3.0 |
8.1 |
3.1 |
|
Remaining |
- |
- |
0.1 |
0.4 |
2.0 |
|
Total Long Term Debt, Supplemental |
101.8 |
126.1 |
119.0 |
118.7 |
97.3 |
|
Capital lease within 1 yr. |
1.6 |
1.5 |
1.1 |
0.6 |
- |
|
Cap Lease Maturg over a Yr within 2 Yrs |
1.6 |
- |
- |
- |
- |
|
Capital lease within 2 yr. |
- |
1.5 |
1.1 |
0.6 |
- |
|
Cap Lease Maturg over 2 Yr within 3 Yrs |
1.2 |
- |
- |
- |
- |
|
Capital lease within 3 yr. |
- |
1.5 |
1.1 |
0.6 |
- |
|
Cap Lease Maturg over 3 Yr within 4 Yrs |
0.8 |
- |
- |
- |
- |
|
Capital lease within 4 yr. |
- |
1.1 |
1.1 |
0.6 |
- |
|
Cap Lease Maturg over 4 Yr within 5 Yrs |
0.8 |
- |
- |
- |
- |
|
Capital lease within 5 yr. |
- |
0.7 |
0.8 |
0.6 |
- |
|
other capital lease |
0.4 |
- |
- |
- |
- |
|
Remaining |
- |
1.1 |
1.6 |
2.1 |
- |
|
Total Capital Leases |
6.4 |
7.4 |
6.7 |
5.2 |
- |
|
Pension Obligation |
22.7 |
22.1 |
19.2 |
18.8 |
21.5 |
|
FV of Plan Asset |
15.2 |
13.9 |
11.2 |
10.0 |
15.5 |
|
Funded Status |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Total Funded Status |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Discount Rate |
1.74% |
1.74% |
1.74% |
1.34% |
2.50% |
|
Expected Rate of Return |
1.00% |
1.00% |
1.00% |
1.00% |
1.00% |
|
Unrecognized Prior Service Cost |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Reserve for Accrued Retirement Benefits |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Net Assets Recognized on Balance Sheet |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
Deloitte Touche
Tohmatsu |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Net Income Bf. Tax |
18.8 |
10.4 |
9.7 |
-1.4 |
5.2 |
|
Depreciation |
3.7 |
3.6 |
3.4 |
2.7 |
2.3 |
|
Increase (decrease) in allowance for dou |
0.2 |
3.9 |
2.2 |
-2.0 |
-1.9 |
|
Increase (decrease) in provision for bon |
0.5 |
0.2 |
0.0 |
-0.1 |
0.0 |
|
Increase (decrease) in provision for sal |
-0.1 |
0.0 |
0.3 |
0.0 |
- |
|
Increase (decrease) in provision for ret |
-0.8 |
-0.8 |
-1.3 |
2.7 |
0.9 |
|
Increase (decrease) in provision for dir |
0.2 |
-0.1 |
0.1 |
0.2 |
0.2 |
|
Interest & Dividend Income |
-0.5 |
-0.2 |
-0.3 |
-0.3 |
-0.3 |
|
Interest Expense |
2.7 |
3.3 |
3.3 |
3.3 |
2.8 |
|
G/L Sale Inv. Secs. |
- |
0.0 |
-0.2 |
0.0 |
-0.6 |
|
G/L on Sale of Affiliated Secs. |
- |
- |
0.0 |
2.1 |
0.0 |
|
L Valu. Inv Secs. |
- |
0.8 |
0.0 |
1.8 |
0.1 |
|
Gain on sales of noncurrent assets |
0.0 |
0.0 |
0.0 |
-1.7 |
0.0 |
|
Loss on sales and retirement of noncurre |
0.2 |
0.2 |
0.2 |
0.4 |
0.2 |
|
Val. Contri. Inv't |
- |
- |
- |
- |
0.0 |
|
L on Liquid. of Affili. Co. |
- |
- |
- |
- |
0.0 |
|
Adjust. L on acct. assets change |
- |
2.3 |
0.0 |
- |
- |
|
Impairment Loss |
1.2 |
0.1 |
1.4 |
3.1 |
4.1 |
|
Additional SP.Retire |
- |
- |
0.0 |
0.6 |
0.0 |
|
Store Close Loss |
- |
0.3 |
0.0 |
- |
- |
|
Foreign exchange losses (gains) |
0.0 |
0.2 |
0.1 |
0.3 |
0.6 |
|
Equity Loss/Gain |
- |
- |
0.0 |
0.2 |
0.4 |
|
Decrease (increase) in notes and account |
0.5 |
-0.8 |
-1.4 |
0.7 |
0.6 |
|
Decrease (increase) in inventories |
4.4 |
1.6 |
-1.8 |
1.7 |
-0.8 |
|
Decrease (increase) in other current ass |
1.8 |
-0.8 |
-0.3 |
-0.3 |
-1.7 |
|
Increase (decrease) in notes and account |
-0.1 |
-0.4 |
-0.2 |
-5.5 |
2.0 |
|
Increase (decrease) in accounts payable- |
-0.9 |
0.9 |
0.5 |
-1.0 |
0.2 |
|
Increase (decrease) in accrued consumpti |
-0.1 |
0.4 |
-0.2 |
0.4 |
-0.1 |
|
Increase (decrease) in other current lia |
0.9 |
0.2 |
0.9 |
-1.9 |
0.6 |
|
Rounding adjustment Cash flow |
0.0 |
- |
- |
- |
- |
|
Director Bonus Paid |
- |
- |
- |
- |
0.0 |
|
Other, net |
2.9 |
0.3 |
0.3 |
2.6 |
-0.1 |
|
Int.&Divid.Received |
0.5 |
0.3 |
0.2 |
0.3 |
0.3 |
|
Interest Paid |
-2.7 |
-3.3 |
-3.3 |
-3.1 |
-2.8 |
|
Additional SP.Retire. Paid |
- |
- |
0.0 |
-0.6 |
0.0 |
|
Tax Paid |
-2.8 |
-0.7 |
-3.0 |
-1.3 |
-0.9 |
|
Adjustment |
- |
- |
- |
- |
0.0 |
|
Cash from Operating Activities |
30.5 |
21.7 |
10.5 |
4.1 |
11.0 |
|
|
|
|
|
|
|
|
Time Deposit Made |
-7.7 |
-5.9 |
-4.6 |
-4.2 |
-3.9 |
|
Proceeds from redemption of investment s |
0.1 |
- |
- |
- |
- |
|
Time Deposit Matured |
6.4 |
6.4 |
4.4 |
4.5 |
3.6 |
|
Rounding adjustment Cash flow |
0.0 |
- |
- |
- |
- |
|
Purchase of property, plant and equipmen |
-0.8 |
-0.7 |
-1.7 |
-2.4 |
-6.1 |
|
Proceeds from sales of property, plant a |
0.1 |
0.5 |
0.0 |
1.5 |
0.0 |
|
Purch. Intangible |
-0.1 |
-0.1 |
0.0 |
0.0 |
0.0 |
|
Sales of intangible assets |
- |
0.1 |
0.0 |
- |
- |
|
Purch. Inv. Secs. |
- |
-0.1 |
-0.1 |
-0.1 |
-0.2 |
|
Sale Inv. Secs. |
- |
0.1 |
1.1 |
0.3 |
1.9 |
|
Proceeds from redemption of investment s |
- |
0.0 |
- |
- |
- |
|
Loan Made |
0.0 |
-0.6 |
-0.8 |
-3.8 |
-0.9 |
|
Loan Collected |
0.4 |
1.0 |
1.3 |
1.2 |
0.8 |
|
Operational Deposit Made |
-6.2 |
-16.0 |
-25.6 |
-33.9 |
-16.8 |
|
Operational Deposit Collected |
16.3 |
15.3 |
18.1 |
16.1 |
9.0 |
|
Inc/Dec in guaranteed deposits |
- |
- |
- |
- |
0.0 |
|
Outgoing guaranteed deposits made |
-0.2 |
-0.2 |
-0.2 |
-0.3 |
-0.6 |
|
Outgoing guaranteed deposits returned |
1.3 |
2.1 |
1.2 |
1.9 |
1.7 |
|
Decrease (increase) in other investment |
-0.1 |
1.1 |
-0.2 |
1.2 |
-0.3 |
|
Increase(decrease)in other noncurrent li |
-0.1 |
-0.1 |
-0.2 |
0.0 |
0.0 |
|
Cash from Investing Activities |
9.3 |
3.0 |
-7.3 |
-18.2 |
-11.9 |
|
|
|
|
|
|
|
|
Net increase (decrease) in short-term lo |
-11.4 |
-3.9 |
0.0 |
-6.3 |
-5.8 |
|
Proceeds from long-term loans payable |
27.9 |
49.8 |
42.7 |
59.2 |
42.1 |
|
Repayment of long-term loans payable |
-54.0 |
-57.6 |
-49.3 |
-38.9 |
-36.0 |
|
Proceeds from issuance of common stock |
0.0 |
- |
- |
- |
- |
|
Issue Stock |
- |
0.0 |
- |
- |
- |
|
Decrease (increase) in treasury stock |
0.0 |
0.0 |
-0.9 |
-0.2 |
0.0 |
|
Installment Paid |
- |
- |
0.0 |
-0.5 |
0.0 |
|
Lease Debt Repaid |
-1.6 |
-1.4 |
-0.9 |
-0.1 |
0.0 |
|
Dividend Paid |
-1.7 |
-2.5 |
-0.7 |
-1.3 |
-0.6 |
|
Rounding adjustment Cash flow |
0.0 |
- |
- |
- |
- |
|
Cash from Financing Activities |
-40.7 |
-15.5 |
-9.1 |
11.9 |
-0.3 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
0.0 |
-0.1 |
0.0 |
0.0 |
-0.1 |
|
Net Change in Cash |
-1.0 |
9.1 |
-6.0 |
-2.2 |
-1.1 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
43.7 |
31.3 |
34.8 |
34.3 |
31.3 |
|
Net Cash - Ending Balance |
42.8 |
40.3 |
28.8 |
32.2 |
30.2 |
|
Cash Interest Paid |
2.7 |
3.3 |
3.3 |
3.1 |
2.8 |
|
Cash Taxes Paid |
2.8 |
0.7 |
3.0 |
1.3 |
0.9 |
Financial Health
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
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Annual Ratios
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
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Annual Income Statement
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
Deloitte Touche
Tohmatsu |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
262.2 |
239.0 |
214.9 |
210.6 |
191.6 |
|
Revenue |
262.2 |
239.0 |
214.9 |
210.6 |
191.6 |
|
Total Revenue |
262.2 |
239.0 |
214.9 |
210.6 |
191.6 |
|
|
|
|
|
|
|
|
Cost of Revenue |
95.5 |
86.7 |
79.4 |
84.9 |
79.9 |
|
Cost of Revenue, Total |
95.5 |
86.7 |
79.4 |
84.9 |
79.9 |
|
Gross Profit |
166.7 |
152.3 |
135.4 |
125.6 |
111.7 |
|
|
|
|
|
|
|
|
Selling/General/Administrative Expense |
59.2 |
55.2 |
52.6 |
51.2 |
45.5 |
|
Labor & Related Expense |
70.8 |
64.4 |
57.2 |
56.1 |
47.3 |
|
Advertising Expense |
12.3 |
12.0 |
9.7 |
9.9 |
9.0 |
|
Total Selling/General/Administrative Expenses |
142.3 |
131.6 |
119.5 |
117.2 |
101.8 |
|
Impairment-Assets Held for Use |
1.2 |
0.1 |
1.4 |
3.1 |
4.1 |
|
Impairment-Assets Held for Sale |
0.0 |
0.8 |
0.0 |
1.8 |
0.1 |
|
Other Unusual Expense (Income) |
1.7 |
5.6 |
2.0 |
-0.2 |
-1.8 |
|
Unusual Expense (Income) |
2.9 |
6.5 |
3.4 |
4.7 |
2.3 |
|
Total Operating Expense |
240.6 |
224.8 |
202.3 |
206.8 |
184.0 |
|
|
|
|
|
|
|
|
Operating Income |
21.6 |
14.2 |
12.6 |
3.7 |
7.6 |
|
|
|
|
|
|
|
|
Interest Expense -
Non-Operating |
-2.7 |
-3.3 |
-3.3 |
-3.3 |
-2.8 |
|
Interest Expense, Net Non-Operating |
-2.7 |
-3.3 |
-3.3 |
-3.3 |
-2.8 |
|
Interest Income -
Non-Operating |
0.3 |
0.1 |
0.2 |
0.2 |
0.1 |
|
Investment Income -
Non-Operating |
0.1 |
0.0 |
0.1 |
-2.3 |
0.4 |
|
Interest/Investment Income - Non-Operating |
0.5 |
0.2 |
0.3 |
-2.1 |
0.6 |
|
Interest Income (Expense) - Net Non-Operating Total |
-2.2 |
-3.1 |
-2.9 |
-5.4 |
-2.3 |
|
Gain (Loss) on Sale of Assets |
-0.2 |
-0.2 |
-0.2 |
1.2 |
-0.2 |
|
Other Non-Operating Income (Expense) |
-0.4 |
-0.4 |
0.2 |
-1.0 |
0.0 |
|
Other, Net |
-0.4 |
-0.4 |
0.2 |
-1.0 |
0.0 |
|
Income Before Tax |
18.8 |
10.4 |
9.7 |
-1.4 |
5.2 |
|
|
|
|
|
|
|
|
Total Income Tax |
11.5 |
6.4 |
7.4 |
-3.2 |
0.4 |
|
Income After Tax |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
|
|
|
|
|
|
|
Net Income Before Extraord Items |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
Net Income |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
|
|
|
|
|
|
|
Miscellaneous Earnings Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Adjustments to Net Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Income Available to Common Excl Extraord Items |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
17.5 |
17.5 |
17.6 |
17.8 |
17.9 |
|
Basic EPS Excl Extraord Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
|
Basic/Primary EPS Incl Extraord Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
Diluted Weighted Average Shares |
17.5 |
17.5 |
17.6 |
17.8 |
17.9 |
|
Diluted EPS Excl Extraord Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
|
Diluted EPS Incl Extraord Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
|
Dividends per Share - Common Stock Primary Issue |
0.09 |
0.09 |
0.09 |
0.07 |
0.03 |
|
Gross Dividends - Common Stock |
1.7 |
1.5 |
1.6 |
1.3 |
0.6 |
|
Interest Expense, Supplemental |
2.7 |
3.3 |
3.3 |
3.3 |
2.8 |
|
Depreciation, Supplemental |
3.7 |
3.6 |
3.4 |
2.7 |
2.3 |
|
Total Special Items |
3.1 |
6.7 |
3.6 |
3.5 |
2.5 |
|
Normalized Income Before Tax |
21.9 |
17.1 |
13.2 |
2.1 |
7.6 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
1.1 |
2.3 |
1.2 |
1.2 |
0.2 |
|
Inc Tax Ex Impact of Sp Items |
12.6 |
8.8 |
8.7 |
-2.0 |
0.7 |
|
Normalized Income After Tax |
9.2 |
8.4 |
4.6 |
4.1 |
7.0 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
9.2 |
8.4 |
4.6 |
4.1 |
7.0 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.53 |
0.48 |
0.26 |
0.23 |
0.39 |
|
Diluted Normalized EPS |
0.53 |
0.48 |
0.26 |
0.23 |
0.39 |
|
Rental Expenses |
15.8 |
15.0 |
14.6 |
14.5 |
13.8 |
|
Advertising Expense, Supplemental |
12.3 |
12.0 |
9.7 |
9.9 |
9.0 |
|
Reported Operating Profit |
24.4 |
20.7 |
16.0 |
8.4 |
9.9 |
|
Reported Ordinary Profit |
21.8 |
17.1 |
13.0 |
4.1 |
7.0 |
|
Normalized EBIT |
24.4 |
20.7 |
16.0 |
8.5 |
9.9 |
|
Normalized EBITDA |
28.1 |
24.3 |
19.4 |
11.2 |
12.1 |
|
Current Tax - Total |
10.2 |
- |
- |
- |
- |
|
Current Tax - Total |
10.2 |
- |
- |
- |
- |
|
Deferred Tax - Total |
1.4 |
- |
- |
- |
- |
|
Deferred Tax - Total |
1.4 |
- |
- |
- |
- |
|
Income Tax - Total |
11.5 |
- |
- |
- |
- |
|
Interest Cost - Domestic |
0.4 |
0.3 |
0.2 |
0.4 |
0.4 |
|
Service Cost - Domestic |
1.8 |
1.5 |
1.5 |
1.4 |
1.3 |
|
Prior Service Cost - Domestic |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Expected Return on Assets - Domestic |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
|
Actuarial Gains and Losses - Domestic |
-0.1 |
0.0 |
-1.5 |
3.0 |
0.7 |
|
Other Pension, Net - Domestic |
0.6 |
- |
- |
- |
- |
|
Domestic Pension Plan Expense |
2.6 |
1.7 |
0.2 |
4.7 |
2.4 |
|
Defined Contribution Expense - Domestic |
- |
0.6 |
0.5 |
0.3 |
- |
|
Total Pension Expense |
2.6 |
2.3 |
0.7 |
5.0 |
2.4 |
|
Discount Rate - Domestic |
1.74% |
1.74% |
1.74% |
1.34% |
2.50% |
|
Expected Rate of Return - Domestic |
1.00% |
1.00% |
1.00% |
1.00% |
1.00% |
|
Total Plan Interest Cost |
0.4 |
0.3 |
0.2 |
0.4 |
0.4 |
|
Total Plan Service Cost |
1.8 |
1.5 |
1.5 |
1.4 |
1.3 |
|
Total Plan Expected Return |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
|
Total Plan Other Expense |
0.6 |
- |
- |
- |
- |
Interim Income Statement
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
31-Mar-2011 |
|
Period Length |
3 Months |
3 Months |
3 Months |
3 Months |
3 Months |
|
UpdateType/Date |
Updated
Calculated |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
79.208816 |
77.302742 |
77.752043 |
81.605269 |
82.241044 |
|
|
|
|
|
|
|
|
Net Sales |
72.2 |
56.2 |
80.5 |
53.7 |
68.9 |
|
Revenue |
72.2 |
56.2 |
80.5 |
53.7 |
68.9 |
|
Total Revenue |
72.2 |
56.2 |
80.5 |
53.7 |
68.9 |
|
|
|
|
|
|
|
|
Cost of Revenue |
26.3 |
20.9 |
29.7 |
18.8 |
25.4 |
|
Cost of Revenue, Total |
26.3 |
20.9 |
29.7 |
18.8 |
25.4 |
|
Gross Profit |
45.9 |
35.3 |
50.8 |
34.9 |
43.6 |
|
|
|
|
|
|
|
|
Selling/General/Administrative Expense |
27.6 |
12.6 |
15.4 |
14.0 |
13.8 |
|
Labor & Related Expense |
5.6 |
19.0 |
19.2 |
16.6 |
18.2 |
|
Advertising Expense |
3.4 |
2.1 |
3.6 |
3.3 |
4.4 |
|
Total Selling/General/Administrative Expenses |
36.7 |
33.7 |
38.1 |
33.8 |
36.4 |
|
Impairment-Assets Held for Use |
1.2 |
0.0 |
0.0 |
0.0 |
0.1 |
|
Impairment-Assets Held for Sale |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Unusual Expense (Income) |
-0.1 |
0.0 |
1.0 |
0.8 |
3.2 |
|
Unusual Expense (Income) |
1.1 |
0.0 |
1.0 |
0.8 |
3.3 |
|
Total Operating Expense |
64.0 |
54.5 |
68.9 |
53.4 |
65.0 |
|
|
|
|
|
|
|
|
Operating Income |
8.2 |
1.7 |
11.6 |
0.3 |
3.9 |
|
|
|
|
|
|
|
|
Interest Expense -
Non-Operating |
-0.6 |
-0.6 |
-0.7 |
-0.7 |
-0.8 |
|
Interest Expense, Net Non-Operating |
-0.6 |
-0.6 |
-0.7 |
-0.7 |
-0.8 |
|
Interest Income -
Non-Operating |
0.0 |
0.0 |
0.3 |
0.0 |
0.0 |
|
Investment Income -
Non-Operating |
0.0 |
0.1 |
0.0 |
0.1 |
0.0 |
|
Interest/Investment Income - Non-Operating |
0.0 |
0.1 |
0.3 |
0.1 |
0.0 |
|
Interest Income (Expense) - Net Non-Operating Total |
-0.6 |
-0.6 |
-0.4 |
-0.7 |
-0.8 |
|
Gain (Loss) on Sale of Assets |
-0.1 |
-0.1 |
0.0 |
0.0 |
0.0 |
|
Other Non-Operating Income (Expense) |
-0.4 |
0.4 |
-0.4 |
0.0 |
0.2 |
|
Other, Net |
-0.4 |
0.4 |
-0.4 |
0.0 |
0.2 |
|
Income Before Tax |
7.1 |
1.4 |
10.8 |
-0.3 |
3.3 |
|
|
|
|
|
|
|
|
Total Income Tax |
4.6 |
1.9 |
5.1 |
0.1 |
1.7 |
|
Income After Tax |
2.5 |
-0.5 |
5.7 |
-0.5 |
1.6 |
|
|
|
|
|
|
|
|
Net Income Before Extraord Items |
2.5 |
-0.5 |
5.7 |
-0.5 |
1.6 |
|
Net Income |
2.5 |
-0.5 |
5.7 |
-0.5 |
1.6 |
|
|
|
|
|
|
|
|
Miscellaneous Earnings Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Adjustments to Net Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Income Available to Common Excl Extraord Items |
2.5 |
-0.5 |
5.7 |
-0.5 |
1.6 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
2.5 |
-0.5 |
5.7 |
-0.5 |
1.6 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
17.5 |
17.5 |
17.5 |
17.5 |
17.5 |
|
Basic EPS Excl Extraord Items |
0.14 |
-0.03 |
0.33 |
-0.03 |
0.09 |
|
Basic/Primary EPS Incl Extraord Items |
0.14 |
-0.03 |
0.33 |
-0.03 |
0.09 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
2.5 |
-0.5 |
5.7 |
-0.5 |
1.6 |
|
Diluted Weighted Average Shares |
17.6 |
17.5 |
17.5 |
17.5 |
17.5 |
|
Diluted EPS Excl Extraord Items |
0.14 |
-0.03 |
0.33 |
-0.03 |
0.09 |
|
Diluted EPS Incl Extraord Items |
0.14 |
-0.03 |
0.33 |
-0.03 |
0.09 |
|
Dividends per Share - Common Stock Primary Issue |
0.05 |
0.00 |
0.05 |
0.00 |
0.05 |
|
Gross Dividends - Common Stock |
0.8 |
0.0 |
0.8 |
0.0 |
0.8 |
|
Interest Expense, Supplemental |
0.6 |
0.6 |
0.7 |
0.7 |
0.8 |
|
Depreciation, Supplemental |
0.9 |
0.9 |
0.9 |
0.9 |
1.0 |
|
Total Special Items |
1.2 |
0.0 |
1.1 |
0.8 |
3.3 |
|
Normalized Income Before Tax |
8.3 |
1.4 |
11.9 |
0.4 |
6.7 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
0.4 |
0.0 |
0.5 |
0.3 |
1.7 |
|
Inc Tax Ex Impact of Sp Items |
5.0 |
1.9 |
5.6 |
0.4 |
3.5 |
|
Normalized Income After Tax |
3.3 |
-0.5 |
6.3 |
0.0 |
3.2 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
3.3 |
-0.5 |
6.3 |
0.0 |
3.2 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.19 |
-0.03 |
0.36 |
0.00 |
0.18 |
|
Diluted Normalized EPS |
0.19 |
-0.03 |
0.36 |
0.00 |
0.18 |
|
Rental Expenses |
3.9 |
4.0 |
4.0 |
3.9 |
3.8 |
|
Advertising Expense, Supplemental |
3.4 |
2.1 |
3.6 |
3.3 |
4.4 |
|
Reported Operating Profit |
9.2 |
1.6 |
12.7 |
1.1 |
7.2 |
|
Reported Ordinary Profit |
8.3 |
1.4 |
11.9 |
0.4 |
6.7 |
|
Normalized EBIT |
9.2 |
1.6 |
12.7 |
1.1 |
7.2 |
|
Normalized EBITDA |
10.2 |
2.5 |
13.6 |
1.9 |
8.2 |
|
Current Tax - Total |
4.3 |
- |
- |
- |
- |
|
Current Tax - Total |
4.3 |
- |
- |
- |
- |
|
Deferred Tax - Total |
0.3 |
- |
- |
- |
- |
|
Deferred Tax - Total |
0.3 |
- |
- |
- |
- |
|
Income Tax - Total |
4.6 |
- |
- |
- |
- |
Annual Balance Sheet
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.385362 |
82.88 |
93.44 |
98.77 |
99.535 |
|
Auditor |
Deloitte Touche
Tohmatsu |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Equivalents |
46.1 |
45.4 |
32.5 |
36.1 |
38.3 |
|
Cash and Short Term Investments |
46.1 |
45.4 |
32.5 |
36.1 |
38.3 |
|
Accounts Receivable -
Trade, Gross |
9.2 |
9.6 |
7.8 |
6.1 |
6.7 |
|
Provision for Doubtful
Accounts |
-0.1 |
-0.1 |
-0.2 |
-0.2 |
-0.2 |
|
Trade Accounts Receivable - Net |
9.1 |
9.5 |
7.7 |
5.9 |
6.5 |
|
Total Receivables, Net |
9.1 |
9.5 |
7.7 |
5.9 |
6.5 |
|
Inventories - Finished Goods |
35.3 |
39.1 |
35.9 |
32.3 |
33.2 |
|
Inventories - Work In Progress |
0.9 |
1.0 |
0.6 |
0.7 |
1.1 |
|
Inventories - Raw Materials |
0.5 |
0.5 |
0.9 |
0.9 |
1.0 |
|
Total Inventory |
36.7 |
40.6 |
37.5 |
33.8 |
35.3 |
|
Deferred Income Tax - Current Asset |
2.4 |
2.4 |
5.4 |
1.6 |
1.7 |
|
Other Current Assets |
4.5 |
6.0 |
6.8 |
5.8 |
8.0 |
|
Other Current Assets, Total |
6.9 |
8.4 |
12.2 |
7.4 |
9.7 |
|
Total Current Assets |
98.8 |
104.0 |
89.9 |
83.3 |
89.8 |
|
|
|
|
|
|
|
|
Property/Plant/Equipment - Net |
32.4 |
34.6 |
32.0 |
32.3 |
34.7 |
|
Intangibles, Net |
2.8 |
3.0 |
2.4 |
0.6 |
1.2 |
|
LT Investment - Affiliate Companies |
0.2 |
0.2 |
- |
- |
- |
|
LT Investments - Other |
9.9 |
6.0 |
6.5 |
6.1 |
11.3 |
|
Long Term Investments |
10.1 |
6.2 |
6.5 |
6.1 |
11.3 |
|
Note Receivable - Long Term |
4.6 |
6.1 |
4.1 |
2.0 |
3.5 |
|
Deferred Income Tax - Long Term Asset |
6.3 |
7.5 |
7.6 |
15.3 |
10.4 |
|
Other Long Term Assets |
101.7 |
118.4 |
111.4 |
104.5 |
77.7 |
|
Other Long Term Assets, Total |
107.9 |
125.9 |
119.0 |
119.8 |
88.1 |
|
Total Assets |
256.5 |
279.7 |
254.0 |
244.0 |
228.5 |
|
|
|
|
|
|
|
|
Accounts Payable |
13.8 |
13.8 |
12.6 |
12.2 |
17.6 |
|
Accrued Expenses |
2.9 |
2.4 |
2.0 |
1.9 |
1.9 |
|
Notes Payable/Short Term Debt |
49.4 |
16.9 |
18.5 |
17.5 |
23.7 |
|
Current Portion - Long Term Debt/Capital Leases |
1.6 |
51.4 |
48.1 |
42.9 |
34.8 |
|
Income Taxes Payable |
9.2 |
2.2 |
1.3 |
1.2 |
1.5 |
|
Other Payables |
5.1 |
6.0 |
4.7 |
3.9 |
4.9 |
|
Other Current Liabilities |
12.1 |
11.5 |
9.8 |
8.4 |
9.7 |
|
Other Current liabilities, Total |
26.5 |
19.7 |
15.8 |
13.5 |
16.0 |
|
Total Current Liabilities |
94.3 |
104.3 |
97.0 |
87.9 |
94.1 |
|
|
|
|
|
|
|
|
Long Term Debt |
58.5 |
76.1 |
71.9 |
76.5 |
62.5 |
|
Capital Lease Obligations |
4.8 |
5.9 |
5.6 |
4.6 |
0.0 |
|
Total Long Term Debt |
63.3 |
82.0 |
77.6 |
81.0 |
62.5 |
|
Total Debt |
114.3 |
150.4 |
144.2 |
141.4 |
121.0 |
|
|
|
|
|
|
|
|
Reserves |
3.9 |
3.8 |
0.0 |
- |
- |
|
Pension Benefits - Underfunded |
11.9 |
12.4 |
11.8 |
12.2 |
9.2 |
|
Other Long Term Liabilities |
2.3 |
2.3 |
2.1 |
2.2 |
2.1 |
|
Other Liabilities, Total |
18.0 |
18.5 |
13.9 |
14.4 |
11.4 |
|
Total Liabilities |
175.6 |
204.8 |
188.5 |
183.3 |
168.0 |
|
|
|
|
|
|
|
|
Common Stock |
47.5 |
47.2 |
41.9 |
39.6 |
39.3 |
|
Common Stock |
47.5 |
47.2 |
41.9 |
39.6 |
39.3 |
|
Additional Paid-In Capital |
17.7 |
17.5 |
15.5 |
14.7 |
15.3 |
|
Retained Earnings (Accumulated Deficit) |
17.7 |
12.3 |
9.5 |
7.6 |
6.3 |
|
Treasury Stock - Common |
-2.1 |
-2.1 |
-1.8 |
-0.9 |
-0.7 |
|
Unrealized Gain (Loss) |
0.1 |
0.0 |
0.3 |
-0.4 |
0.4 |
|
Translation Adjustment |
- |
- |
0.0 |
0.0 |
-0.1 |
|
Other Equity |
0.0 |
- |
- |
- |
- |
|
Other Equity, Total |
0.0 |
- |
0.0 |
0.0 |
-0.1 |
|
Total Equity |
80.9 |
74.9 |
65.4 |
60.6 |
60.6 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
256.5 |
279.7 |
254.0 |
244.0 |
228.5 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
17.5 |
17.5 |
17.5 |
17.8 |
17.9 |
|
Total Common Shares Outstanding |
17.5 |
17.5 |
17.5 |
17.8 |
17.9 |
|
Treasury Shares - Common Stock Primary Issue |
0.5 |
0.5 |
0.5 |
0.2 |
0.2 |
|
Employees |
816 |
816 |
844 |
815 |
822 |
|
Number of Common Shareholders |
1,312 |
1,360 |
1,337 |
1,348 |
1,332 |
|
Total Long Term Debt, Supplemental |
101.8 |
126.1 |
119.0 |
118.7 |
97.3 |
|
Long Term Debt Maturing within 1 Year |
43.4 |
50.0 |
47.1 |
42.3 |
34.8 |
|
Long Term Debt Maturing in Year 2 |
32.0 |
36.7 |
33.5 |
35.0 |
28.4 |
|
Long Term Debt Maturing in Year 3 |
17.3 |
25.3 |
21.6 |
21.3 |
19.7 |
|
Long Term Debt Maturing in Year 4 |
6.8 |
11.1 |
13.7 |
11.7 |
9.4 |
|
Long Term Debt Maturing in Year 5 |
2.4 |
3.1 |
3.0 |
8.1 |
3.1 |
|
Long Term Debt Maturing in 2-3 Years |
49.3 |
62.0 |
55.1 |
56.2 |
48.1 |
|
Long Term Debt Maturing in 4-5 Years |
9.2 |
14.1 |
16.7 |
19.8 |
12.4 |
|
Long Term Debt Matur. in Year 6 & Beyond |
0.0 |
0.0 |
0.1 |
0.4 |
2.0 |
|
Total Capital Leases, Supplemental |
6.4 |
7.4 |
6.7 |
5.2 |
- |
|
Capital Lease Payments Due in Year 1 |
1.6 |
1.5 |
1.1 |
0.6 |
- |
|
Capital Lease Payments Due in Year 2 |
1.6 |
1.5 |
1.1 |
0.6 |
- |
|
Capital Lease Payments Due in Year 3 |
1.2 |
1.5 |
1.1 |
0.6 |
- |
|
Capital Lease Payments Due in Year 4 |
0.8 |
1.1 |
1.1 |
0.6 |
- |
|
Capital Lease Payments Due in Year 5 |
0.8 |
0.7 |
0.8 |
0.6 |
- |
|
Capital Lease Payments Due in 2-3 Years |
2.8 |
3.0 |
2.2 |
1.2 |
- |
|
Capital Lease Payments Due in 4-5 Years |
1.6 |
1.9 |
1.9 |
1.3 |
- |
|
Cap. Lease Pymts. Due in Year 6 & Beyond |
0.4 |
1.1 |
1.6 |
2.1 |
- |
|
Pension Obligation - Domestic |
22.7 |
22.1 |
19.2 |
18.8 |
21.5 |
|
Plan Assets - Domestic |
15.2 |
13.9 |
11.2 |
10.0 |
15.5 |
|
Funded Status - Domestic |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Total Funded Status |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Discount Rate - Domestic |
1.74% |
1.74% |
1.74% |
1.34% |
2.50% |
|
Expected Rate of Return - Domestic |
1.00% |
1.00% |
1.00% |
1.00% |
1.00% |
|
Accrued Liabilities - Domestic |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Other Assets, Net - Domestic |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Net Assets Recognized on Balance Sheet |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Total Plan Obligations |
22.7 |
22.1 |
19.2 |
18.8 |
21.5 |
|
Total Plan Assets |
15.2 |
13.9 |
11.2 |
10.0 |
15.5 |
Interim Balance Sheet
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
31-Mar-2011 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.385362 |
76.94 |
77.08 |
80.76 |
82.88 |
|
|
|
|
|
|
|
|
Cash & Equivalents |
46.1 |
40.4 |
40.2 |
36.3 |
45.4 |
|
Cash and Short Term Investments |
46.1 |
40.4 |
40.2 |
36.3 |
45.4 |
|
Accounts Receivable -
Trade, Gross |
9.2 |
7.6 |
8.5 |
8.4 |
9.6 |
|
Provision for Doubtful
Accounts |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
|
Trade Accounts Receivable - Net |
9.1 |
7.4 |
8.3 |
8.3 |
9.5 |
|
Total Receivables, Net |
9.1 |
7.4 |
8.3 |
8.3 |
9.5 |
|
Inventories - Finished Goods |
35.3 |
42.4 |
41.5 |
43.1 |
39.1 |
|
Inventories - Work In Progress |
0.9 |
1.4 |
1.1 |
1.4 |
1.0 |
|
Inventories - Raw Materials |
0.5 |
0.6 |
0.5 |
0.5 |
0.5 |
|
Total Inventory |
36.7 |
44.4 |
43.1 |
45.0 |
40.6 |
|
Deferred Income Tax - Current Asset |
2.4 |
1.3 |
2.7 |
1.9 |
2.4 |
|
Other Current Assets |
4.5 |
5.9 |
4.9 |
5.6 |
6.0 |
|
Other Current Assets, Total |
6.9 |
7.1 |
7.6 |
7.5 |
8.4 |
|
Total Current Assets |
98.8 |
99.4 |
99.3 |
97.1 |
104.0 |
|
|
|
|
|
|
|
|
Construction in
Progress |
- |
0.0 |
- |
0.0 |
0.0 |
|
Property/Plant/Equipment - Gross |
- |
0.0 |
- |
0.0 |
0.0 |
|
Property/Plant/Equipment - Net |
32.4 |
36.3 |
36.6 |
35.3 |
34.6 |
|
Intangibles, Net |
2.8 |
2.8 |
3.0 |
2.9 |
3.0 |
|
LT Investments - Other |
10.0 |
6.1 |
6.4 |
6.2 |
6.2 |
|
Long Term Investments |
10.0 |
6.1 |
6.4 |
6.2 |
6.2 |
|
Note Receivable - Long Term |
4.6 |
6.3 |
6.3 |
6.1 |
6.1 |
|
Deferred Income Tax - Long Term Asset |
6.3 |
8.4 |
9.0 |
8.4 |
7.5 |
|
Other Long Term Assets |
101.8 |
116.5 |
121.0 |
118.3 |
118.4 |
|
Other Long Term Assets, Total |
108.0 |
124.9 |
129.9 |
126.6 |
125.9 |
|
Total Assets |
256.5 |
275.9 |
281.5 |
274.4 |
279.7 |
|
|
|
|
|
|
|
|
Accounts Payable |
13.8 |
14.0 |
13.3 |
12.3 |
13.8 |
|
Accrued Expenses |
2.9 |
1.2 |
3.2 |
1.2 |
2.4 |
|
Notes Payable/Short Term Debt |
49.4 |
57.6 |
63.8 |
70.7 |
16.9 |
|
Current Portion - Long Term Debt/Capital Leases |
1.6 |
1.6 |
1.6 |
1.5 |
51.4 |
|
Income Taxes Payable |
9.2 |
5.3 |
6.5 |
0.4 |
2.2 |
|
Other Payables |
5.1 |
4.6 |
4.8 |
4.9 |
6.0 |
|
Other Current Liabilities |
12.1 |
15.4 |
12.4 |
17.4 |
11.5 |
|
Other Current liabilities, Total |
26.5 |
25.2 |
23.8 |
22.7 |
19.7 |
|
Total Current Liabilities |
94.3 |
99.6 |
105.8 |
108.4 |
104.3 |
|
|
|
|
|
|
|
|
Long Term Debt |
58.5 |
67.8 |
65.7 |
66.2 |
76.1 |
|
Capital Lease Obligations |
4.8 |
5.3 |
5.7 |
5.7 |
5.9 |
|
Total Long Term Debt |
63.3 |
73.1 |
71.4 |
71.9 |
82.0 |
|
Total Debt |
114.3 |
132.4 |
136.8 |
144.2 |
150.4 |
|
|
|
|
|
|
|
|
Reserves |
3.9 |
4.2 |
4.1 |
3.9 |
3.8 |
|
Pension Benefits - Underfunded |
11.9 |
12.9 |
12.9 |
12.5 |
12.4 |
|
Other Long Term Liabilities |
2.3 |
2.4 |
2.5 |
2.4 |
2.3 |
|
Other Liabilities, Total |
18.0 |
19.5 |
19.4 |
18.8 |
18.5 |
|
Total Liabilities |
175.6 |
192.3 |
196.6 |
199.1 |
204.8 |
|
|
|
|
|
|
|
|
Common Stock |
47.5 |
50.9 |
50.8 |
48.5 |
47.2 |
|
Common Stock |
47.5 |
50.9 |
50.8 |
48.5 |
47.2 |
|
Additional Paid-In Capital |
17.7 |
18.9 |
18.9 |
17.7 |
17.5 |
|
Retained Earnings (Accumulated Deficit) |
17.7 |
16.3 |
17.6 |
11.3 |
12.3 |
|
Treasury Stock - Common |
-2.1 |
-2.2 |
-2.2 |
-2.1 |
-2.1 |
|
Unrealized Gain (Loss) |
0.1 |
-0.4 |
-0.2 |
-0.1 |
0.0 |
|
Other Equity |
0.0 |
- |
- |
- |
- |
|
Other Equity, Total |
0.0 |
- |
- |
- |
- |
|
Total Equity |
80.9 |
83.6 |
84.9 |
75.3 |
74.9 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
256.5 |
275.9 |
281.5 |
274.4 |
279.7 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
17.5 |
17.5 |
17.5 |
17.5 |
17.5 |
|
Total Common Shares Outstanding |
17.5 |
17.5 |
17.5 |
17.5 |
17.5 |
|
Treasury Shares - Common Stock Primary Issue |
0.5 |
0.5 |
0.5 |
0.5 |
0.5 |
|
Employees |
- |
- |
- |
- |
816 |
Annual Cash Flows
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
Deloitte Touche
Tohmatsu |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
18.8 |
10.4 |
9.7 |
-1.4 |
5.2 |
|
Depreciation |
3.7 |
3.6 |
3.4 |
2.7 |
2.3 |
|
Depreciation/Depletion |
3.7 |
3.6 |
3.4 |
2.7 |
2.3 |
|
Unusual Items |
1.4 |
3.6 |
1.3 |
6.4 |
3.7 |
|
Equity in Net Earnings (Loss) |
- |
- |
0.0 |
0.2 |
0.4 |
|
Other Non-Cash Items |
1.7 |
6.2 |
4.4 |
4.2 |
2.2 |
|
Non-Cash Items |
3.2 |
9.8 |
5.8 |
10.8 |
6.3 |
|
Accounts Receivable |
0.5 |
-0.8 |
-1.4 |
0.7 |
0.6 |
|
Inventories |
4.4 |
1.6 |
-1.8 |
1.7 |
-0.8 |
|
Other Assets |
1.8 |
-0.8 |
-0.3 |
-0.3 |
-1.7 |
|
Accounts Payable |
-0.1 |
-0.4 |
-0.2 |
-5.5 |
2.0 |
|
Accrued Expenses |
0.5 |
0.2 |
0.0 |
-0.1 |
0.0 |
|
Payable/Accrued |
-0.9 |
0.9 |
0.5 |
-1.0 |
0.2 |
|
Taxes Payable |
-0.1 |
0.4 |
-0.2 |
0.4 |
-0.1 |
|
Other Liabilities |
0.9 |
0.2 |
0.9 |
-1.9 |
0.6 |
|
Other Operating Cash Flow |
-2.0 |
-3.5 |
-5.8 |
-2.1 |
-3.4 |
|
Changes in Working Capital |
4.9 |
-2.2 |
-8.4 |
-8.1 |
-2.6 |
|
Cash from Operating Activities |
30.5 |
21.7 |
10.5 |
4.1 |
11.0 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-0.8 |
-0.7 |
-1.7 |
-2.4 |
-6.1 |
|
Purchase/Acquisition of Intangibles |
-0.1 |
-0.1 |
0.0 |
0.0 |
0.0 |
|
Capital Expenditures |
-0.9 |
-0.7 |
-1.7 |
-2.5 |
-6.1 |
|
Sale of Fixed Assets |
0.1 |
0.5 |
0.0 |
1.5 |
0.0 |
|
Sale/Maturity of Investment |
6.5 |
6.5 |
5.4 |
4.7 |
5.5 |
|
Purchase of Investments |
-7.7 |
-6.0 |
-4.7 |
-4.3 |
-4.1 |
|
Sale of Intangible Assets |
- |
0.1 |
0.0 |
- |
- |
|
Other Investing Cash Flow |
11.4 |
2.6 |
-6.3 |
-17.6 |
-7.2 |
|
Other Investing Cash Flow Items, Total |
10.2 |
3.7 |
-5.6 |
-15.7 |
-5.8 |
|
Cash from Investing Activities |
9.3 |
3.0 |
-7.3 |
-18.2 |
-11.9 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
0.0 |
- |
- |
- |
- |
|
Financing Cash Flow Items |
0.0 |
- |
- |
- |
- |
|
Cash Dividends Paid - Common |
-1.7 |
-2.5 |
-0.7 |
-1.3 |
-0.6 |
|
Total Cash Dividends Paid |
-1.7 |
-2.5 |
-0.7 |
-1.3 |
-0.6 |
|
Sale/Issuance of
Common |
0.0 |
0.0 |
- |
- |
- |
|
Common Stock, Net |
0.0 |
0.0 |
-0.9 |
-0.2 |
0.0 |
|
Issuance (Retirement) of Stock, Net |
0.0 |
0.0 |
-0.9 |
-0.2 |
0.0 |
|
Short Term Debt
Reduction |
- |
- |
0.0 |
-0.5 |
0.0 |
|
Short Term Debt, Net |
-11.4 |
-3.9 |
0.0 |
-6.8 |
-5.8 |
|
Long Term Debt Issued |
27.9 |
49.8 |
42.7 |
59.2 |
42.1 |
|
Long Term Debt
Reduction |
-55.5 |
-59.0 |
-50.1 |
-39.0 |
-36.0 |
|
Long Term Debt, Net |
-27.7 |
-9.2 |
-7.4 |
20.3 |
6.1 |
|
Issuance (Retirement) of Debt, Net |
-39.1 |
-13.0 |
-7.4 |
13.4 |
0.3 |
|
Cash from Financing Activities |
-40.7 |
-15.5 |
-9.1 |
11.9 |
-0.3 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
0.0 |
-0.1 |
0.0 |
0.0 |
-0.1 |
|
Net Change in Cash |
-1.0 |
9.1 |
-6.0 |
-2.2 |
-1.1 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
43.7 |
31.3 |
34.8 |
34.3 |
31.3 |
|
Net Cash - Ending Balance |
42.8 |
40.3 |
28.8 |
32.2 |
30.2 |
|
Cash Interest Paid |
2.7 |
3.3 |
3.3 |
3.1 |
2.8 |
|
Cash Taxes Paid |
2.8 |
0.7 |
3.0 |
1.3 |
0.9 |
Interim Cash Flows
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
30-Sep-2011 |
31-Mar-2011 |
31-Dec-2010 |
30-Sep-2010 |
|
Period Length |
12 Months |
6 Months |
12 Months |
9 Months |
6 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
79.672811 |
85.691434 |
86.812446 |
88.962162 |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
18.8 |
10.2 |
10.4 |
7.2 |
6.6 |
|
Depreciation |
3.7 |
1.8 |
3.6 |
2.6 |
1.8 |
|
Depreciation/Depletion |
3.7 |
1.8 |
3.6 |
2.6 |
1.8 |
|
Unusual Items |
1.4 |
0.0 |
3.6 |
3.2 |
2.2 |
|
Other Non-Cash Items |
1.7 |
2.8 |
6.2 |
2.8 |
1.9 |
|
Non-Cash Items |
3.2 |
2.8 |
9.8 |
6.0 |
4.1 |
|
Accounts Receivable |
0.5 |
1.8 |
-0.8 |
1.1 |
1.8 |
|
Inventories |
4.4 |
0.6 |
1.6 |
-2.0 |
-1.0 |
|
Other Assets |
1.8 |
1.7 |
-0.8 |
-1.0 |
0.0 |
|
Accounts Payable |
-0.1 |
-1.5 |
-0.4 |
-0.9 |
-0.7 |
|
Accrued Expenses |
0.5 |
0.6 |
0.2 |
-1.1 |
0.0 |
|
Payable/Accrued |
-0.9 |
-1.6 |
0.9 |
-0.9 |
0.0 |
|
Taxes Payable |
-0.1 |
- |
0.4 |
- |
- |
|
Other Liabilities |
0.9 |
0.1 |
0.2 |
4.2 |
1.2 |
|
Other Operating Cash Flow |
-2.0 |
-2.2 |
-3.5 |
-2.7 |
-1.8 |
|
Changes in Working Capital |
4.9 |
-0.5 |
-2.2 |
-3.2 |
-0.5 |
|
Cash from Operating Activities |
30.5 |
14.4 |
21.7 |
12.6 |
12.0 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-0.8 |
-0.5 |
-0.7 |
-0.4 |
-0.3 |
|
Purchase/Acquisition of Intangibles |
-0.1 |
0.0 |
-0.1 |
-0.1 |
0.0 |
|
Capital Expenditures |
-0.9 |
-0.5 |
-0.7 |
-0.4 |
-0.3 |
|
Sale of Fixed Assets |
0.1 |
0.1 |
0.5 |
0.3 |
0.1 |
|
Sale/Maturity of Investment |
6.5 |
2.5 |
6.5 |
4.2 |
2.9 |
|
Purchase of Investments |
-7.7 |
-2.5 |
-6.0 |
-3.6 |
-2.5 |
|
Sale of Intangible Assets |
- |
0.0 |
0.1 |
0.1 |
0.1 |
|
Other Investing Cash Flow |
11.4 |
2.7 |
2.6 |
2.4 |
0.4 |
|
Other Investing Cash Flow Items, Total |
10.2 |
2.8 |
3.7 |
3.3 |
1.0 |
|
Cash from Investing Activities |
9.3 |
2.3 |
3.0 |
2.9 |
0.7 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
0.0 |
- |
- |
- |
- |
|
Financing Cash Flow Items |
0.0 |
- |
- |
- |
- |
|
Cash Dividends Paid - Common |
-1.7 |
-0.8 |
-2.5 |
-2.5 |
-1.7 |
|
Total Cash Dividends Paid |
-1.7 |
-0.8 |
-2.5 |
-2.5 |
-1.7 |
|
Sale/Issuance of
Common |
0.0 |
- |
0.0 |
- |
- |
|
Common Stock, Net |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Issuance (Retirement) of Stock, Net |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Short Term Debt, Net |
-11.4 |
0.0 |
-3.9 |
0.3 |
-2.2 |
|
Long Term Debt Issued |
27.9 |
6.3 |
49.8 |
46.9 |
45.7 |
|
Long Term Debt
Reduction |
-55.5 |
-30.4 |
-59.0 |
-43.0 |
-27.1 |
|
Long Term Debt, Net |
-27.7 |
-24.2 |
-9.2 |
3.9 |
18.7 |
|
Issuance (Retirement) of Debt, Net |
-39.1 |
-24.2 |
-13.0 |
4.1 |
16.4 |
|
Cash from Financing Activities |
-40.7 |
-25.0 |
-15.5 |
1.7 |
14.7 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
0.0 |
0.0 |
-0.1 |
-0.1 |
-0.1 |
|
Net Change in Cash |
-1.0 |
-8.3 |
9.1 |
17.0 |
27.3 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
43.7 |
43.4 |
31.3 |
30.9 |
30.1 |
|
Net Cash - Ending Balance |
42.8 |
35.0 |
40.3 |
47.9 |
57.4 |
|
Cash Interest Paid |
2.7 |
1.4 |
3.3 |
2.5 |
1.6 |
|
Cash Taxes Paid |
2.8 |
1.9 |
0.7 |
0.7 |
0.7 |
Annual Income Statement
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
Deloitte Touche
Tohmatsu |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
262.2 |
239.0 |
214.9 |
210.6 |
191.6 |
|
Total Revenue |
262.2 |
239.0 |
214.9 |
210.6 |
191.6 |
|
|
|
|
|
|
|
|
Cost of goods sold |
95.5 |
86.7 |
79.4 |
84.9 |
79.9 |
|
Sales Promotion Cost |
12.3 |
12.0 |
9.7 |
9.9 |
9.0 |
|
Share-based compensation expenses |
0.3 |
- |
- |
- |
- |
|
Other Selling/General/Admin. Expense |
0.0 |
- |
- |
- |
- |
|
Allow. for Doubtful Account |
0.0 |
0.0 |
0.1 |
0.0 |
0.2 |
|
Salaries and bonuses,allowances |
52.4 |
47.7 |
43.9 |
40.0 |
35.2 |
|
Bonus Allowance |
2.9 |
2.1 |
1.7 |
1.6 |
1.4 |
|
Directors'' retirement benefits |
0.0 |
0.5 |
0.3 |
0.0 |
- |
|
Periodic Retirement Expense |
2.3 |
2.2 |
0.6 |
4.8 |
2.3 |
|
Provision for directors'' retirement ben |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
|
Welfare Expenses |
13.0 |
11.7 |
10.5 |
9.4 |
8.2 |
|
Stock Remuneration Expense |
- |
- |
- |
- |
0.0 |
|
Rental Expense |
15.8 |
15.0 |
14.6 |
14.5 |
13.8 |
|
Other SGA |
43.0 |
40.2 |
37.8 |
36.7 |
31.4 |
|
Loss On Closing Of Stores |
0.0 |
- |
- |
- |
- |
|
SP Rev. Stock Right |
-0.3 |
0.0 |
0.0 |
0.0 |
- |
|
SP Rev. Doubtful Acct. |
0.0 |
0.0 |
0.0 |
-0.3 |
-1.8 |
|
SP G on Retir.Benefit Ending |
- |
- |
0.0 |
-0.5 |
0.0 |
|
SP Impairment Loss |
1.2 |
0.1 |
1.4 |
3.1 |
4.1 |
|
SP Loss Valu. Inv. Secs |
0.0 |
0.8 |
0.0 |
1.8 |
0.1 |
|
SP Loss Valuation of Contrib. Inv't |
- |
- |
- |
- |
0.0 |
|
SP L-adjust.for changes of acct. assets |
0.0 |
2.3 |
0.0 |
- |
- |
|
SP Allow.Doubtful Acct. |
1.9 |
3.0 |
2.1 |
0.0 |
- |
|
SP Additional SP.Retire |
- |
- |
0.0 |
0.6 |
0.0 |
|
SP Store Close Loss |
- |
0.3 |
0.0 |
- |
- |
|
SP L on closing of stores |
- |
0.0 |
- |
- |
- |
|
Total Operating Expense |
240.6 |
224.8 |
202.3 |
206.8 |
184.0 |
|
|
|
|
|
|
|
|
SP Gain-Sale Fixed Assets |
0.0 |
0.0 |
0.0 |
1.7 |
0.0 |
|
SP Gain-Sale Inv.Secs. |
0.0 |
0.0 |
0.2 |
0.0 |
0.6 |
|
SP G on sale of inv't in closely-held |
- |
- |
- |
0.0 |
0.0 |
|
SP Sale&Write Off Fixed Assets |
-0.2 |
-0.2 |
-0.2 |
-0.4 |
-0.2 |
|
SP Loss Sale Inv. Secs. |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
SP L on Sale of Affiliated Secs. |
- |
- |
0.0 |
-2.1 |
0.0 |
|
SP Liquid. L on Affiliates Co. |
- |
- |
- |
- |
0.0 |
|
NOP Interest Income |
0.3 |
0.1 |
0.2 |
0.2 |
0.1 |
|
NOP Dividend Income |
0.1 |
0.1 |
0.1 |
0.1 |
0.2 |
|
Other Non-Operating Income (Expense) |
0.0 |
- |
- |
- |
- |
|
NOP Rent Income |
3.8 |
3.6 |
3.3 |
0.2 |
0.0 |
|
NOP Exchange Gain |
- |
- |
- |
- |
0.0 |
|
NOP Other Income |
1.0 |
0.8 |
0.6 |
0.8 |
0.7 |
|
NOP Interest Expense |
-2.7 |
-3.3 |
-3.3 |
-3.3 |
-2.8 |
|
NOP Equity Loss |
- |
- |
0.0 |
-0.2 |
-0.4 |
|
NOP Rental expenses |
-3.5 |
-3.3 |
-3.1 |
0.0 |
- |
|
NOP Exchange Loss |
0.0 |
-0.1 |
-0.2 |
-0.1 |
-0.1 |
|
NOP Allowance for Doubtful Accounts |
-0.8 |
-1.0 |
-0.2 |
-1.2 |
-0.2 |
|
NOP Other Expenses |
-0.8 |
-0.4 |
-0.5 |
-0.7 |
-0.5 |
|
Net Income Before Taxes |
18.8 |
10.4 |
9.7 |
-1.4 |
5.2 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
11.5 |
6.4 |
7.4 |
-3.2 |
0.4 |
|
Net Income After Taxes |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
|
|
|
|
|
|
|
Net Income Before Extra. Items |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
Net Income |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
|
|
|
|
|
|
|
Rounding adjustment Income Statement |
0.0 |
- |
- |
- |
- |
|
Directors' Bonus |
- |
- |
- |
- |
0.0 |
|
Adjustment |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Income Available to Com Excl ExtraOrd |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
17.5 |
17.5 |
17.6 |
17.8 |
17.9 |
|
Basic EPS Excluding ExtraOrdinary Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
|
Basic EPS Including ExtraOrdinary Item |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
7.2 |
4.0 |
2.2 |
1.8 |
4.7 |
|
Diluted Weighted Average Shares |
17.5 |
17.5 |
17.6 |
17.8 |
17.9 |
|
Diluted EPS Excluding ExtraOrd Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
|
Diluted EPS Including ExtraOrd Items |
0.41 |
0.23 |
0.13 |
0.10 |
0.26 |
|
DPS-Common Stock |
0.09 |
0.09 |
0.09 |
0.07 |
0.03 |
|
Gross Dividends - Common Stock |
1.7 |
1.5 |
1.6 |
1.3 |
0.6 |
|
Normalized Income Before Taxes |
21.9 |
17.1 |
13.2 |
2.1 |
7.6 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
12.6 |
8.8 |
8.7 |
-2.0 |
0.7 |
|
Normalized Income After Taxes |
9.2 |
8.4 |
4.6 |
4.1 |
7.0 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
9.2 |
8.4 |
4.6 |
4.1 |
7.0 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.53 |
0.48 |
0.26 |
0.23 |
0.39 |
|
Diluted Normalized EPS |
0.53 |
0.48 |
0.26 |
0.23 |
0.39 |
|
Sales Promotion Cost |
12.3 |
12.0 |
9.7 |
9.9 |
9.0 |
|
Interest Expense |
2.7 |
3.3 |
3.3 |
3.3 |
2.8 |
|
Rental Expense |
15.8 |
15.0 |
14.6 |
14.5 |
13.8 |
|
Amort of Tangible Assets-Current Portion |
3.7 |
- |
- |
- |
- |
|
Depreciation |
- |
3.6 |
3.4 |
2.7 |
2.3 |
|
Income taxes-current |
10.2 |
- |
- |
- |
- |
|
Current Tax - Total |
10.2 |
- |
- |
- |
- |
|
Income taxes-deferred |
1.4 |
- |
- |
- |
- |
|
Deferred Tax - Total |
1.4 |
- |
- |
- |
- |
|
Income Tax - Total |
11.5 |
- |
- |
- |
- |
|
Reported Operating Profit |
24.4 |
20.7 |
16.0 |
8.4 |
9.9 |
|
Reported Ordinary Profit |
21.8 |
17.1 |
13.0 |
4.1 |
7.0 |
|
Retirement Benefit Expenses Other Extrao |
0.6 |
- |
- |
- |
- |
|
Service Cost |
1.8 |
1.5 |
1.5 |
1.4 |
1.3 |
|
Interest Cost |
0.4 |
0.3 |
0.2 |
0.4 |
0.4 |
|
Expected Return of Plan Asset |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
|
Prior Service Cost |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Actuarial G/L |
-0.1 |
0.0 |
-1.5 |
3.0 |
0.7 |
|
Domestic Pension Plan Expense |
2.6 |
1.7 |
0.2 |
4.7 |
2.4 |
|
Defined contribution expenses |
- |
0.6 |
0.5 |
0.3 |
- |
|
Total Pension Expense |
2.6 |
2.3 |
0.7 |
5.0 |
2.4 |
|
Discount Rate(MIN)-Retirement Cost(Domes |
1.74% |
- |
- |
- |
- |
|
Discount Rate |
- |
1.74% |
1.74% |
1.34% |
2.50% |
|
Expected return on assets(MIN)-Retiremen |
1.00% |
- |
- |
- |
- |
|
Expected Rate of Return |
- |
1.00% |
1.00% |
1.00% |
1.00% |
Interim Income Statement
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
31-Mar-2011 |
|
Period Length |
3 Months |
3 Months |
3 Months |
3 Months |
3 Months |
|
UpdateType/Date |
Updated Calculated |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
79.208816 |
77.302742 |
77.752043 |
81.605269 |
82.241044 |
|
|
|
|
|
|
|
|
Net Sales |
72.2 |
56.2 |
80.5 |
53.7 |
68.9 |
|
Total Revenue |
72.2 |
56.2 |
80.5 |
53.7 |
68.9 |
|
|
|
|
|
|
|
|
Cost of goods sold |
26.3 |
20.9 |
29.7 |
18.8 |
25.4 |
|
Share-based compensation expenses |
0.0 |
- |
- |
- |
- |
|
Sales Promotion Cost |
3.4 |
2.1 |
3.6 |
3.3 |
4.4 |
|
Doubtful Account |
- |
- |
- |
- |
0.0 |
|
Directors'' retirement benefits |
0.0 |
- |
- |
- |
- |
|
Salaries and Bonuses |
- |
15.0 |
12.6 |
12.2 |
14.1 |
|
Bonus Allowance |
1.8 |
- |
2.2 |
0.7 |
- |
|
Directors'' retirement benefits |
- |
0.0 |
0.0 |
0.0 |
0.3 |
|
Periodic Retirement Exp. |
0.5 |
0.6 |
0.6 |
0.7 |
0.6 |
|
Provision for directors'' retirement ben |
0.1 |
0.1 |
0.1 |
0.0 |
0.0 |
|
Welfare Expenses |
3.3 |
3.3 |
3.4 |
3.0 |
3.1 |
|
Stock Compensation Expenses |
- |
0.0 |
0.3 |
- |
- |
|
Rent expenses |
3.9 |
4.0 |
4.0 |
3.9 |
3.8 |
|
Other SGA |
23.7 |
8.6 |
11.3 |
10.1 |
9.9 |
|
Reversal Of Allowance For Doubtful Accou |
0.0 |
- |
- |
- |
- |
|
Gain On Reversal Of Subscription Rights |
0.0 |
- |
- |
- |
- |
|
Loss on adjustment for changes of accoun |
0.0 |
- |
- |
- |
- |
|
SP Rev. Doubtful Acct. |
- |
0.0 |
0.0 |
0.0 |
- |
|
SP G on reversal of subscription rights |
- |
0.0 |
0.0 |
-0.3 |
- |
|
SP Other Special Income |
-0.1 |
0.0 |
- |
- |
0.0 |
|
Impairment Loss |
1.2 |
- |
- |
- |
- |
|
SP Impairment Loss |
- |
0.0 |
0.0 |
0.0 |
0.1 |
|
SP Loss Valu. Inv. Secs |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
SP Prov. allowance for doub't acct. |
- |
- |
1.0 |
1.1 |
2.9 |
|
SP L on Adj. for Acct. changes-Assets |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
SP Store Close Loss |
0.0 |
0.0 |
0.0 |
- |
- |
|
SP Other Special Loss |
- |
- |
- |
- |
0.3 |
|
Total Operating Expense |
64.0 |
54.5 |
68.9 |
53.4 |
65.0 |
|
|
|
|
|
|
|
|
Other Non-Operating Income (Expense) |
0.0 |
- |
- |
- |
- |
|
SP Gain-Sale Fixed Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Gain On Sales Of Investment Securities |
0.0 |
- |
- |
- |
- |
|
Loss on sales of investment securities |
0.0 |
- |
- |
- |
- |
|
SP Gain on sales of invet. sec. |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
SP L on sale/retire. of fixed assets |
-0.1 |
-0.1 |
0.0 |
0.0 |
0.0 |
|
SP Loss Sale Inv. Secs. |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
NOP Interest Income |
0.0 |
0.0 |
0.3 |
0.0 |
0.0 |
|
NOP Dividend Income |
0.0 |
0.0 |
0.0 |
0.1 |
0.0 |
|
NOP Foreign exchange gains |
- |
0.0 |
- |
- |
0.0 |
|
NOP House rent income |
0.9 |
1.0 |
0.9 |
0.9 |
0.9 |
|
NOP Other income |
0.4 |
0.3 |
0.1 |
0.2 |
0.3 |
|
NOP Interest Expense |
-0.6 |
-0.6 |
-0.7 |
-0.7 |
-0.8 |
|
NOP Rent expenses |
-0.9 |
-0.9 |
-0.9 |
-0.8 |
-0.9 |
|
NOP Exchange Loss |
0.0 |
- |
0.0 |
0.0 |
- |
|
NOP Prov. allowance for doub't acct. |
-0.4 |
- |
-0.4 |
-0.1 |
0.0 |
|
NOP Other expenses |
-0.5 |
- |
-0.2 |
-0.1 |
-0.1 |
|
Net Income Before Taxes |
7.1 |
1.4 |
10.8 |
-0.3 |
3.3 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
4.6 |
1.9 |
5.1 |
0.1 |
1.7 |
|
Net Income After Taxes |
2.5 |
-0.5 |
5.7 |
-0.5 |
1.6 |
|
|
|
|
|
|
|
|
Net Income Before Extra. Items |
2.5 |
-0.5 |
5.7 |
-0.5 |
1.6 |
|
Net Income |
2.5 |
-0.5 |
5.7 |
-0.5 |
1.6 |
|
|
|
|
|
|
|
|
Rounding adjustment Income Statement |
0.0 |
- |
- |
- |
- |
|
Adjustment |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Income Available to Com Excl ExtraOrd |
2.5 |
-0.5 |
5.7 |
-0.5 |
1.6 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
2.5 |
-0.5 |
5.7 |
-0.5 |
1.6 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
17.5 |
17.5 |
17.5 |
17.5 |
17.5 |
|
Basic EPS Excluding ExtraOrdinary Items |
0.14 |
-0.03 |
0.33 |
-0.03 |
0.09 |
|
Basic EPS Including ExtraOrdinary Item |
0.14 |
-0.03 |
0.33 |
-0.03 |
0.09 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
2.5 |
-0.5 |
5.7 |
-0.5 |
1.6 |
|
Diluted Weighted Average Shares |
17.6 |
17.5 |
17.5 |
17.5 |
17.5 |
|
Diluted EPS Excluding ExtraOrd Items |
0.14 |
-0.03 |
0.33 |
-0.03 |
0.09 |
|
Diluted EPS Including ExtraOrd Items |
0.14 |
-0.03 |
0.33 |
-0.03 |
0.09 |
|
DPS-Common Stock |
0.05 |
0.00 |
0.05 |
0.00 |
0.05 |
|
Gross Dividends - Common Stock |
0.8 |
0.0 |
0.8 |
0.0 |
0.8 |
|
Normalized Income Before Taxes |
8.3 |
1.4 |
11.9 |
0.4 |
6.7 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
5.0 |
1.9 |
5.6 |
0.4 |
3.5 |
|
Normalized Income After Taxes |
3.3 |
-0.5 |
6.3 |
0.0 |
3.2 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
3.3 |
-0.5 |
6.3 |
0.0 |
3.2 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.19 |
-0.03 |
0.36 |
0.00 |
0.18 |
|
Diluted Normalized EPS |
0.19 |
-0.03 |
0.36 |
0.00 |
0.18 |
|
Interest Expense |
0.6 |
0.6 |
0.7 |
0.7 |
0.8 |
|
Sales Promotion Cost |
3.4 |
2.1 |
3.6 |
3.3 |
4.4 |
|
Rental Expense |
3.9 |
4.0 |
4.0 |
3.9 |
3.8 |
|
Amort of Tangible Assets-Current Portion |
0.9 |
- |
- |
- |
- |
|
Depreciation |
- |
0.9 |
0.9 |
0.9 |
1.0 |
|
Income taxes-current |
4.3 |
- |
- |
- |
- |
|
Current Tax - Total |
4.3 |
- |
- |
- |
- |
|
Income taxes-deferred |
0.3 |
- |
- |
- |
- |
|
Deferred Tax - Total |
0.3 |
- |
- |
- |
- |
|
Income Tax - Total |
4.6 |
- |
- |
- |
- |
|
Reported Operating Profit |
9.2 |
1.6 |
12.7 |
1.1 |
7.2 |
|
Reported Ordinary income |
8.3 |
1.4 |
11.9 |
0.4 |
6.7 |
Annual Balance Sheet
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.385362 |
82.88 |
93.44 |
98.77 |
99.535 |
|
Auditor |
Deloitte Touche
Tohmatsu |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Deposit |
46.1 |
45.4 |
32.5 |
36.1 |
38.3 |
|
Notes and accounts receivable-trade |
9.2 |
9.6 |
7.8 |
6.1 |
6.7 |
|
Merchandise & Product |
35.3 |
39.1 |
35.9 |
32.3 |
33.2 |
|
Work in Process |
0.9 |
1.0 |
0.6 |
0.7 |
1.1 |
|
Raw Materials & Supplies |
0.5 |
0.5 |
0.9 |
0.9 |
1.0 |
|
Deferred Tax |
2.4 |
2.4 |
5.4 |
1.6 |
1.7 |
|
Rounding adjustment Assets |
0.0 |
- |
- |
- |
- |
|
Other Current Assets |
4.5 |
6.0 |
6.8 |
5.8 |
8.0 |
|
Allow. for Doubtful Account |
-0.1 |
-0.1 |
-0.2 |
-0.2 |
-0.2 |
|
Total Current Assets |
98.8 |
104.0 |
89.9 |
83.3 |
89.8 |
|
|
|
|
|
|
|
|
Other Total Property/Plant/Equipment, Ne |
0.0 |
- |
- |
- |
- |
|
Buildings and structures, net |
9.1 |
10.3 |
9.7 |
9.8 |
10.9 |
|
Fixtures,net |
7.0 |
7.5 |
6.0 |
6.5 |
6.7 |
|
Machinery, equipment and vehicles, net |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Land |
13.1 |
13.2 |
12.6 |
11.9 |
13.2 |
|
Lease assets, net |
0.3 |
0.4 |
0.3 |
0.4 |
0.0 |
|
Const. Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other, net |
2.8 |
3.1 |
3.2 |
3.5 |
3.6 |
|
Total intangible assets |
2.8 |
3.0 |
2.4 |
0.6 |
1.2 |
|
Lease assets |
3.8 |
- |
- |
- |
- |
|
other LT investment |
6.1 |
- |
- |
- |
- |
|
Investment Secs. |
- |
6.0 |
6.5 |
6.1 |
11.3 |
|
Invt Secs Noncons, Asc, Affd Cos |
0.1 |
- |
- |
- |
- |
|
Invts in Capital Noncons, Ascd, Affd Cos |
0.1 |
- |
- |
- |
- |
|
Equity secs.-nonconsolidated affil. |
- |
0.2 |
- |
- |
- |
|
Long-term loans receivable |
4.6 |
6.1 |
4.1 |
2.0 |
3.5 |
|
Deferred tax assets |
6.3 |
7.5 |
7.6 |
15.3 |
10.4 |
|
Rounding adjustment Assets |
0.0 |
- |
- |
- |
- |
|
Other Other Long Term Assets |
12.1 |
- |
- |
- |
- |
|
Other Other Long Term Assets |
0.0 |
- |
- |
- |
- |
|
Lease Assets (Inv't & Other Assets) |
- |
4.4 |
4.4 |
4.7 |
0.0 |
|
Operational Deposit |
80.3 |
90.6 |
79.7 |
68.4 |
49.9 |
|
Security Deposit |
21.2 |
22.1 |
21.4 |
21.2 |
24.4 |
|
Other Assets |
- |
12.9 |
12.7 |
14.6 |
9.7 |
|
Allow. for Doubtful Account |
-12.0 |
-11.7 |
-6.8 |
-4.4 |
-6.3 |
|
Total Assets |
256.5 |
279.7 |
254.0 |
244.0 |
228.5 |
|
|
|
|
|
|
|
|
Notes and accounts payable-trade |
13.8 |
13.8 |
12.6 |
12.2 |
17.6 |
|
Short-term loans payable |
49.4 |
16.9 |
18.5 |
17.5 |
23.7 |
|
Current LT borrowings |
- |
50.0 |
47.1 |
42.3 |
34.8 |
|
Lease Debt (current) |
1.6 |
1.5 |
1.1 |
0.6 |
0.0 |
|
Accounts payable-other |
5.1 |
6.0 |
4.7 |
3.9 |
4.9 |
|
Tax Payable |
9.2 |
2.2 |
1.3 |
1.2 |
1.5 |
|
Bonus Allowance |
2.9 |
2.4 |
2.0 |
1.9 |
1.9 |
|
Rounding adjustment Liability |
0.0 |
- |
- |
- |
- |
|
Provision for sales promotion expenses |
0.2 |
0.3 |
0.3 |
0.0 |
- |
|
Other current liabilities |
11.9 |
11.2 |
9.5 |
8.4 |
9.7 |
|
Total Current Liabilities |
94.3 |
104.3 |
97.0 |
87.9 |
94.1 |
|
|
|
|
|
|
|
|
Long-term loans payable |
58.5 |
76.1 |
71.9 |
76.5 |
62.5 |
|
Lease Debt |
4.8 |
5.9 |
5.6 |
4.6 |
0.0 |
|
Total Long Term Debt |
63.3 |
82.0 |
77.6 |
81.0 |
62.5 |
|
|
|
|
|
|
|
|
Allow.Accr.Retir |
7.5 |
8.2 |
8.0 |
8.8 |
6.0 |
|
Asset retirement obligations |
3.9 |
3.8 |
0.0 |
- |
- |
|
Provision for directors'' retirement ben |
4.4 |
4.1 |
3.8 |
3.4 |
3.2 |
|
Other Long Term Liabilities |
0.0 |
- |
- |
- |
- |
|
Rounding adjustment Liability |
0.0 |
- |
- |
- |
- |
|
Other LT liabilities |
2.3 |
2.3 |
2.1 |
2.2 |
2.1 |
|
Total Liabilities |
175.6 |
204.8 |
188.5 |
183.3 |
168.0 |
|
|
|
|
|
|
|
|
Rounding adjustment Equity |
0.0 |
- |
- |
- |
- |
|
Common Stock |
47.5 |
47.2 |
41.9 |
39.6 |
39.3 |
|
Total capital surpluses |
17.4 |
17.3 |
15.3 |
14.5 |
15.0 |
|
Total retained earnings |
17.7 |
12.3 |
9.5 |
7.6 |
6.3 |
|
Treasury Stock |
-2.1 |
-2.1 |
-1.8 |
-0.9 |
-0.7 |
|
Valuation difference on available-for-sa |
0.1 |
0.0 |
0.3 |
-0.4 |
0.4 |
|
Trans. Adjust. |
- |
- |
0.0 |
0.0 |
-0.1 |
|
New Stock Subscrip. Right |
0.3 |
0.3 |
0.2 |
0.2 |
0.2 |
|
Total Equity |
80.9 |
74.9 |
65.4 |
60.6 |
60.6 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
256.5 |
279.7 |
254.0 |
244.0 |
228.5 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
17.5 |
17.5 |
17.5 |
17.8 |
17.9 |
|
Total Common Shares Outstanding |
17.5 |
17.5 |
17.5 |
17.8 |
17.9 |
|
T/S-Common Stock |
0.5 |
0.5 |
0.5 |
0.2 |
0.2 |
|
Full-Time Employees |
816 |
816 |
844 |
815 |
822 |
|
Total Number of Shareholders |
1,312 |
- |
- |
- |
- |
|
Number of Common Shareholders |
- |
1,360 |
1,337 |
1,348 |
1,332 |
|
LT Debts Maturing within 1yr. |
43.4 |
50.0 |
47.1 |
42.3 |
34.8 |
|
Lns Pble Maturing over a Yr within 2 Yrs |
32.0 |
- |
- |
- |
- |
|
LT Debts Maturing within 2yr. |
- |
36.7 |
33.5 |
35.0 |
28.4 |
|
Lns Pble Maturg over 2 Yrs within 3 Yrs |
17.3 |
- |
- |
- |
- |
|
LT Debts Maturing within 3yr. |
- |
25.3 |
21.6 |
21.3 |
19.7 |
|
Lns Pble Maturg over 3 Yrs within 4 Yrs |
6.8 |
- |
- |
- |
- |
|
LT Debts Maturing within 4yr. |
- |
11.1 |
13.7 |
11.7 |
9.4 |
|
Lns Pble Maturg over 4 Yrs within 5 Yrs |
2.4 |
- |
- |
- |
- |
|
LT Debts Maturing within 5yr. |
- |
3.1 |
3.0 |
8.1 |
3.1 |
|
Remaining |
- |
- |
0.1 |
0.4 |
2.0 |
|
Total Long Term Debt, Supplemental |
101.8 |
126.1 |
119.0 |
118.7 |
97.3 |
|
Capital lease within 1 yr. |
1.6 |
1.5 |
1.1 |
0.6 |
- |
|
Cap Lease Maturg over a Yr within 2 Yrs |
1.6 |
- |
- |
- |
- |
|
Capital lease within 2 yr. |
- |
1.5 |
1.1 |
0.6 |
- |
|
Cap Lease Maturg over 2 Yr within 3 Yrs |
1.2 |
- |
- |
- |
- |
|
Capital lease within 3 yr. |
- |
1.5 |
1.1 |
0.6 |
- |
|
Cap Lease Maturg over 3 Yr within 4 Yrs |
0.8 |
- |
- |
- |
- |
|
Capital lease within 4 yr. |
- |
1.1 |
1.1 |
0.6 |
- |
|
Cap Lease Maturg over 4 Yr within 5 Yrs |
0.8 |
- |
- |
- |
- |
|
Capital lease within 5 yr. |
- |
0.7 |
0.8 |
0.6 |
- |
|
other capital lease |
0.4 |
- |
- |
- |
- |
|
Remaining |
- |
1.1 |
1.6 |
2.1 |
- |
|
Total Capital Leases |
6.4 |
7.4 |
6.7 |
5.2 |
- |
|
Pension Obligation |
22.7 |
22.1 |
19.2 |
18.8 |
21.5 |
|
FV of Plan Asset |
15.2 |
13.9 |
11.2 |
10.0 |
15.5 |
|
Funded Status |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Total Funded Status |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Discount Rate |
1.74% |
1.74% |
1.74% |
1.34% |
2.50% |
|
Expected Rate of Return |
1.00% |
1.00% |
1.00% |
1.00% |
1.00% |
|
Unrecognized Prior Service Cost |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Reserve for Accrued Retirement Benefits |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
|
Net Assets Recognized on Balance Sheet |
-7.5 |
-8.2 |
-8.0 |
-8.8 |
-6.0 |
Interim Balance Sheet
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
31-Mar-2011 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.385362 |
76.94 |
77.08 |
80.76 |
82.88 |
|
|
|
|
|
|
|
|
Cash & Deposit |
46.1 |
40.4 |
40.2 |
36.3 |
45.4 |
|
Notes and accounts receivable-trade |
9.2 |
7.6 |
8.5 |
8.4 |
9.6 |
|
Inventories - merchandise&finished goods |
35.3 |
42.4 |
41.5 |
43.1 |
39.1 |
|
Inventories - work-in-process |
0.9 |
1.4 |
1.1 |
1.4 |
1.0 |
|
Inventories - raw materials&supplies |
0.5 |
0.6 |
0.5 |
0.5 |
0.5 |
|
Deferred tax assets |
2.4 |
1.3 |
2.7 |
1.9 |
2.4 |
|
Rounding adjustment Assets |
0.0 |
- |
- |
- |
- |
|
Other |
4.5 |
5.9 |
4.9 |
5.6 |
6.0 |
|
Allowance for doubtful accounts |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
|
Total Current Assets |
98.8 |
99.4 |
99.3 |
97.1 |
104.0 |
|
|
|
|
|
|
|
|
Lease assets, net |
0.3 |
- |
- |
- |
- |
|
Other Total Property/Plant/Equipment, Ne |
0.0 |
- |
- |
- |
- |
|
Buildings and structures, net |
9.1 |
10.7 |
10.8 |
10.4 |
10.3 |
|
Fixtures,net |
7.0 |
7.9 |
7.9 |
7.6 |
7.5 |
|
Machinery, equipment and vehicles, net |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Land |
13.1 |
14.2 |
14.2 |
13.6 |
13.2 |
|
Const. Progress |
0.0 |
- |
0.0 |
- |
- |
|
Lease assets, net |
- |
0.4 |
0.4 |
0.4 |
0.4 |
|
Construction in progress |
- |
0.0 |
- |
0.0 |
0.0 |
|
Other, net |
2.8 |
3.1 |
3.2 |
3.1 |
3.1 |
|
Total intangible assets |
2.8 |
2.8 |
3.0 |
2.9 |
3.0 |
|
Lease assets |
3.8 |
- |
- |
- |
- |
|
Investment Secs. |
6.2 |
6.1 |
6.4 |
6.2 |
6.2 |
|
Long-term loans receivable |
4.6 |
6.3 |
6.3 |
6.1 |
6.1 |
|
Deferred tax assets |
6.3 |
8.4 |
9.0 |
8.4 |
7.5 |
|
Rounding adjustment Assets |
0.0 |
- |
- |
- |
- |
|
Other Other Long Term Assets |
0.0 |
- |
- |
- |
- |
|
Lease assets, net |
- |
4.2 |
4.4 |
4.4 |
4.4 |
|
Operational Deposit |
80.3 |
90.8 |
94.7 |
91.5 |
90.6 |
|
Security Deposit |
21.2 |
23.0 |
23.2 |
22.4 |
22.1 |
|
Other |
12.2 |
13.0 |
13.4 |
13.1 |
12.9 |
|
Allowance for doubtful accounts |
-12.0 |
-14.6 |
-14.8 |
-13.1 |
-11.7 |
|
Adjustment |
- |
0.0 |
0.0 |
- |
- |
|
Total Assets |
256.5 |
275.9 |
281.5 |
274.4 |
279.7 |
|
|
|
|
|
|
|
|
Notes and accounts payable-trade |
13.8 |
14.0 |
13.3 |
12.3 |
13.8 |
|
Short-term loans payable |
49.4 |
57.6 |
63.8 |
70.7 |
16.9 |
|
Current LT borrowings |
- |
- |
- |
- |
50.0 |
|
Lease obligations |
1.6 |
1.6 |
1.6 |
1.5 |
1.5 |
|
Accounts payable-other |
5.1 |
4.6 |
4.8 |
4.9 |
6.0 |
|
Tax Payable |
9.2 |
5.3 |
6.5 |
0.4 |
2.2 |
|
Bonus Allowance |
2.9 |
1.2 |
3.2 |
1.2 |
2.4 |
|
Rounding adjustment Liability |
0.0 |
- |
- |
- |
- |
|
Provision for sales promotion expenses |
0.2 |
0.3 |
0.3 |
0.3 |
0.3 |
|
Other |
11.9 |
15.1 |
12.1 |
17.1 |
11.2 |
|
Total Current Liabilities |
94.3 |
99.6 |
105.8 |
108.4 |
104.3 |
|
|
|
|
|
|
|
|
Long-term loans payable |
58.5 |
67.8 |
65.7 |
66.2 |
76.1 |
|
Lease obligations |
4.8 |
5.3 |
5.7 |
5.7 |
5.9 |
|
Total Long Term Debt |
63.3 |
73.1 |
71.4 |
71.9 |
82.0 |
|
|
|
|
|
|
|
|
Allow.Accr.Retir |
7.5 |
8.3 |
8.3 |
8.2 |
8.2 |
|
Provision for directors'' retirement ben |
4.4 |
4.6 |
4.5 |
4.3 |
4.1 |
|
Asset retirement obligations |
3.9 |
4.2 |
4.1 |
3.9 |
3.8 |
|
Other Long Term Liabilities |
0.0 |
- |
- |
- |
- |
|
Rounding adjustment Liability |
0.0 |
- |
- |
- |
- |
|
Other |
2.3 |
2.4 |
2.5 |
2.4 |
2.3 |
|
Total Liabilities |
175.6 |
192.3 |
196.6 |
199.1 |
204.8 |
|
|
|
|
|
|
|
|
Rounding adjustment Equity |
0.0 |
- |
- |
- |
- |
|
Common Stock |
47.5 |
50.9 |
50.8 |
48.5 |
47.2 |
|
Total capital surpluses |
17.4 |
18.6 |
18.6 |
17.7 |
17.3 |
|
Total retained earnings |
17.7 |
16.3 |
17.6 |
11.3 |
12.3 |
|
Treasury Stock |
-2.1 |
-2.2 |
-2.2 |
-2.1 |
-2.1 |
|
Valuation difference on available-for-sa |
0.1 |
-0.4 |
-0.2 |
-0.1 |
0.0 |
|
New Stock Subscription Right |
0.3 |
0.4 |
0.4 |
0.0 |
0.3 |
|
Total Equity |
80.9 |
83.6 |
84.9 |
75.3 |
74.9 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
256.5 |
275.9 |
281.5 |
274.4 |
279.7 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
17.5 |
17.5 |
17.5 |
17.5 |
17.5 |
|
Total Common Shares Outstanding |
17.5 |
17.5 |
17.5 |
17.5 |
17.5 |
|
T/S-Common Stock |
0.5 |
0.5 |
0.5 |
0.5 |
0.5 |
|
Full-Time Employees |
- |
- |
- |
- |
816 |
Annual Cash Flows
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
Deloitte Touche
Tohmatsu |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Net Income Bf. Tax |
18.8 |
10.4 |
9.7 |
-1.4 |
5.2 |
|
Depreciation |
3.7 |
3.6 |
3.4 |
2.7 |
2.3 |
|
Increase (decrease) in allowance for dou |
0.2 |
3.9 |
2.2 |
-2.0 |
-1.9 |
|
Increase (decrease) in provision for bon |
0.5 |
0.2 |
0.0 |
-0.1 |
0.0 |
|
Increase (decrease) in provision for sal |
-0.1 |
0.0 |
0.3 |
0.0 |
- |
|
Increase (decrease) in provision for ret |
-0.8 |
-0.8 |
-1.3 |
2.7 |
0.9 |
|
Increase (decrease) in provision for dir |
0.2 |
-0.1 |
0.1 |
0.2 |
0.2 |
|
Interest & Dividend Income |
-0.5 |
-0.2 |
-0.3 |
-0.3 |
-0.3 |
|
Interest Expense |
2.7 |
3.3 |
3.3 |
3.3 |
2.8 |
|
G/L Sale Inv. Secs. |
- |
0.0 |
-0.2 |
0.0 |
-0.6 |
|
G/L on Sale of Affiliated Secs. |
- |
- |
0.0 |
2.1 |
0.0 |
|
L Valu. Inv Secs. |
- |
0.8 |
0.0 |
1.8 |
0.1 |
|
Gain on sales of noncurrent assets |
0.0 |
0.0 |
0.0 |
-1.7 |
0.0 |
|
Loss on sales and retirement of noncurre |
0.2 |
0.2 |
0.2 |
0.4 |
0.2 |
|
Val. Contri. Inv't |
- |
- |
- |
- |
0.0 |
|
L on Liquid. of Affili. Co. |
- |
- |
- |
- |
0.0 |
|
Adjust. L on acct. assets change |
- |
2.3 |
0.0 |
- |
- |
|
Impairment Loss |
1.2 |
0.1 |
1.4 |
3.1 |
4.1 |
|
Additional SP.Retire |
- |
- |
0.0 |
0.6 |
0.0 |
|
Store Close Loss |
- |
0.3 |
0.0 |
- |
- |
|
Foreign exchange losses (gains) |
0.0 |
0.2 |
0.1 |
0.3 |
0.6 |
|
Equity Loss/Gain |
- |
- |
0.0 |
0.2 |
0.4 |
|
Decrease (increase) in notes and account |
0.5 |
-0.8 |
-1.4 |
0.7 |
0.6 |
|
Decrease (increase) in inventories |
4.4 |
1.6 |
-1.8 |
1.7 |
-0.8 |
|
Decrease (increase) in other current ass |
1.8 |
-0.8 |
-0.3 |
-0.3 |
-1.7 |
|
Increase (decrease) in notes and account |
-0.1 |
-0.4 |
-0.2 |
-5.5 |
2.0 |
|
Increase (decrease) in accounts payable- |
-0.9 |
0.9 |
0.5 |
-1.0 |
0.2 |
|
Increase (decrease) in accrued consumpti |
-0.1 |
0.4 |
-0.2 |
0.4 |
-0.1 |
|
Increase (decrease) in other current lia |
0.9 |
0.2 |
0.9 |
-1.9 |
0.6 |
|
Rounding adjustment Cash flow |
0.0 |
- |
- |
- |
- |
|
Director Bonus Paid |
- |
- |
- |
- |
0.0 |
|
Other, net |
2.9 |
0.3 |
0.3 |
2.6 |
-0.1 |
|
Int.&Divid.Received |
0.5 |
0.3 |
0.2 |
0.3 |
0.3 |
|
Interest Paid |
-2.7 |
-3.3 |
-3.3 |
-3.1 |
-2.8 |
|
Additional SP.Retire. Paid |
- |
- |
0.0 |
-0.6 |
0.0 |
|
Tax Paid |
-2.8 |
-0.7 |
-3.0 |
-1.3 |
-0.9 |
|
Adjustment |
- |
- |
- |
- |
0.0 |
|
Cash from Operating Activities |
30.5 |
21.7 |
10.5 |
4.1 |
11.0 |
|
|
|
|
|
|
|
|
Time Deposit Made |
-7.7 |
-5.9 |
-4.6 |
-4.2 |
-3.9 |
|
Proceeds from redemption of investment s |
0.1 |
- |
- |
- |
- |
|
Time Deposit Matured |
6.4 |
6.4 |
4.4 |
4.5 |
3.6 |
|
Rounding adjustment Cash flow |
0.0 |
- |
- |
- |
- |
|
Purchase of property, plant and equipmen |
-0.8 |
-0.7 |
-1.7 |
-2.4 |
-6.1 |
|
Proceeds from sales of property, plant a |
0.1 |
0.5 |
0.0 |
1.5 |
0.0 |
|
Purch. Intangible |
-0.1 |
-0.1 |
0.0 |
0.0 |
0.0 |
|
Sales of intangible assets |
- |
0.1 |
0.0 |
- |
- |
|
Purch. Inv. Secs. |
- |
-0.1 |
-0.1 |
-0.1 |
-0.2 |
|
Sale Inv. Secs. |
- |
0.1 |
1.1 |
0.3 |
1.9 |
|
Proceeds from redemption of investment s |
- |
0.0 |
- |
- |
- |
|
Loan Made |
0.0 |
-0.6 |
-0.8 |
-3.8 |
-0.9 |
|
Loan Collected |
0.4 |
1.0 |
1.3 |
1.2 |
0.8 |
|
Operational Deposit Made |
-6.2 |
-16.0 |
-25.6 |
-33.9 |
-16.8 |
|
Operational Deposit Collected |
16.3 |
15.3 |
18.1 |
16.1 |
9.0 |
|
Inc/Dec in guaranteed deposits |
- |
- |
- |
- |
0.0 |
|
Outgoing guaranteed deposits made |
-0.2 |
-0.2 |
-0.2 |
-0.3 |
-0.6 |
|
Outgoing guaranteed deposits returned |
1.3 |
2.1 |
1.2 |
1.9 |
1.7 |
|
Decrease (increase) in other investment |
-0.1 |
1.1 |
-0.2 |
1.2 |
-0.3 |
|
Increase(decrease)in other noncurrent li |
-0.1 |
-0.1 |
-0.2 |
0.0 |
0.0 |
|
Cash from Investing Activities |
9.3 |
3.0 |
-7.3 |
-18.2 |
-11.9 |
|
|
|
|
|
|
|
|
Net increase (decrease) in short-term lo |
-11.4 |
-3.9 |
0.0 |
-6.3 |
-5.8 |
|
Proceeds from long-term loans payable |
27.9 |
49.8 |
42.7 |
59.2 |
42.1 |
|
Repayment of long-term loans payable |
-54.0 |
-57.6 |
-49.3 |
-38.9 |
-36.0 |
|
Proceeds from issuance of common stock |
0.0 |
- |
- |
- |
- |
|
Issue Stock |
- |
0.0 |
- |
- |
- |
|
Decrease (increase) in treasury stock |
0.0 |
0.0 |
-0.9 |
-0.2 |
0.0 |
|
Installment Paid |
- |
- |
0.0 |
-0.5 |
0.0 |
|
Lease Debt Repaid |
-1.6 |
-1.4 |
-0.9 |
-0.1 |
0.0 |
|
Dividend Paid |
-1.7 |
-2.5 |
-0.7 |
-1.3 |
-0.6 |
|
Rounding adjustment Cash flow |
0.0 |
- |
- |
- |
- |
|
Cash from Financing Activities |
-40.7 |
-15.5 |
-9.1 |
11.9 |
-0.3 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
0.0 |
-0.1 |
0.0 |
0.0 |
-0.1 |
|
Net Change in Cash |
-1.0 |
9.1 |
-6.0 |
-2.2 |
-1.1 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
43.7 |
31.3 |
34.8 |
34.3 |
31.3 |
|
Net Cash - Ending Balance |
42.8 |
40.3 |
28.8 |
32.2 |
30.2 |
|
Cash Interest Paid |
2.7 |
3.3 |
3.3 |
3.1 |
2.8 |
|
Cash Taxes Paid |
2.8 |
0.7 |
3.0 |
1.3 |
0.9 |
Interim Cash Flows
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
30-Sep-2011 |
31-Mar-2011 |
31-Dec-2010 |
30-Sep-2010 |
|
Period Length |
12 Months |
6 Months |
12 Months |
9 Months |
6 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
79.672811 |
85.691434 |
86.812446 |
88.962162 |
|
|
|
|
|
|
|
|
Net Income Bf. Tax |
18.8 |
10.2 |
10.4 |
7.2 |
6.6 |
|
Depreciation |
3.7 |
1.8 |
3.6 |
2.6 |
1.8 |
|
Increase (decrease) in allowance for dou |
0.2 |
2.1 |
3.9 |
1.1 |
0.9 |
|
Increase (decrease) in provision for bon |
0.5 |
0.6 |
0.2 |
-1.1 |
0.0 |
|
Increase (decrease) in provision for sal |
-0.1 |
-0.1 |
0.0 |
0.0 |
0.0 |
|
Increase (decrease) in provision for ret |
-0.8 |
-0.5 |
-0.8 |
-0.6 |
-0.4 |
|
Increase (decrease) in provision for dir |
0.2 |
0.1 |
-0.1 |
-0.2 |
-0.2 |
|
Interest & Dividend Income |
-0.5 |
-0.4 |
-0.2 |
-0.2 |
-0.1 |
|
Interest Expense |
2.7 |
1.4 |
3.3 |
2.5 |
1.6 |
|
Impairment Loss |
1.2 |
- |
- |
- |
- |
|
G/L Sale Inv. Secs. |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
G/L Valu. Inv Secs. |
- |
0.0 |
0.8 |
0.7 |
0.0 |
|
Gain on sales of noncurrent assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Loss on sales and retirement of noncurre |
0.2 |
0.0 |
0.2 |
0.2 |
0.0 |
|
Store Close Loss |
- |
- |
0.3 |
- |
- |
|
Impairment Loss |
- |
0.0 |
0.1 |
0.1 |
0.1 |
|
L on Adj. for Acct. changes-Assets |
- |
0.0 |
2.3 |
2.2 |
2.2 |
|
Foreign exchange losses (gains) |
0.0 |
0.1 |
0.2 |
0.2 |
0.2 |
|
Decrease (increase) in notes and account |
0.5 |
1.8 |
-0.8 |
1.1 |
1.8 |
|
Decrease (increase) in inventories |
4.4 |
0.6 |
1.6 |
-2.0 |
-1.0 |
|
Decrease (increase) in other current ass |
1.8 |
1.7 |
-0.8 |
-1.0 |
0.0 |
|
Increase (decrease) in notes and account |
-0.1 |
-1.5 |
-0.4 |
-0.9 |
-0.7 |
|
Increase (decrease) in accounts payable- |
-0.9 |
-1.6 |
0.9 |
-0.9 |
0.0 |
|
Increase (decrease) in accrued consumpti |
-0.1 |
- |
- |
- |
- |
|
Sale Tax Payable |
- |
- |
0.4 |
- |
- |
|
Increase (decrease) in other current lia |
0.9 |
0.1 |
0.2 |
4.2 |
1.2 |
|
Rounding adjustment Cash flow |
0.0 |
- |
- |
- |
- |
|
Other, net |
2.9 |
0.7 |
0.3 |
0.3 |
0.3 |
|
Int.&Divid.Received |
0.5 |
0.4 |
0.3 |
0.3 |
0.2 |
|
Interest Paid |
-2.7 |
-1.4 |
-3.3 |
-2.5 |
-1.6 |
|
Tax Paid |
-2.8 |
-1.9 |
-0.7 |
-0.7 |
-0.7 |
|
Adjustment |
- |
- |
- |
0.0 |
- |
|
Cash from Operating Activities |
30.5 |
14.4 |
21.7 |
12.6 |
12.0 |
|
|
|
|
|
|
|
|
Time Deposit Made |
-7.7 |
-2.5 |
-5.9 |
-3.5 |
-2.4 |
|
Proceeds from redemption of investment s |
0.1 |
- |
- |
- |
- |
|
Time Deposit Matured |
6.4 |
2.5 |
6.4 |
4.1 |
2.9 |
|
Payments Of Loans Receivable |
0.0 |
- |
- |
- |
- |
|
Rounding adjustment Cash flow |
0.0 |
- |
- |
- |
- |
|
Purchase of property, plant and equipmen |
-0.8 |
-0.5 |
-0.7 |
-0.4 |
-0.3 |
|
Proceeds from sales of property, plant a |
0.1 |
0.1 |
0.5 |
0.3 |
0.1 |
|
Purchase Of Intangible Assets |
-0.1 |
- |
- |
- |
- |
|
Purch. Intangible |
- |
0.0 |
-0.1 |
-0.1 |
0.0 |
|
Sale of Intangible |
- |
0.0 |
0.1 |
0.1 |
0.1 |
|
Purch. Inv. Secs. |
- |
0.0 |
-0.1 |
-0.1 |
-0.1 |
|
Sale Inv. Secs. |
- |
0.0 |
0.1 |
0.1 |
0.1 |
|
Loan Made |
- |
0.0 |
-0.6 |
-0.6 |
-0.6 |
|
Loan Collected |
0.4 |
0.2 |
1.0 |
0.9 |
0.7 |
|
Operational Deposit Made |
-6.2 |
-5.8 |
-16.0 |
-12.7 |
-9.0 |
|
Operational Deposit Collected |
16.3 |
8.0 |
15.3 |
12.4 |
8.4 |
|
Outgoing guaranteed deposits made |
-0.2 |
-0.2 |
-0.2 |
-0.1 |
-0.1 |
|
Outgoing guaranteed deposits returned |
1.3 |
0.7 |
2.1 |
1.6 |
1.3 |
|
Decrease (increase) in other investment |
-0.1 |
-0.1 |
1.1 |
0.9 |
-0.3 |
|
Increase(decrease)in other noncurrent li |
-0.1 |
-0.1 |
-0.1 |
-0.1 |
0.0 |
|
Cash from Investing Activities |
9.3 |
2.3 |
3.0 |
2.9 |
0.7 |
|
|
|
|
|
|
|
|
Net increase (decrease) in short-term lo |
-11.4 |
- |
- |
- |
- |
|
ST Debt, Net |
- |
0.0 |
-3.9 |
0.3 |
-2.2 |
|
Proceeds from long-term loans payable |
27.9 |
6.3 |
49.8 |
46.9 |
45.7 |
|
Repayment of long-term loans payable |
-54.0 |
-29.7 |
-57.6 |
-42.0 |
-26.4 |
|
Proceeds from issuance of common stock |
0.0 |
- |
- |
- |
- |
|
Issue Stock |
- |
- |
0.0 |
- |
- |
|
Decrease (increase) in treasury stock |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Repayments of lease obligations |
-1.6 |
-0.8 |
-1.4 |
-1.0 |
-0.6 |
|
Dividend Paid |
-1.7 |
-0.8 |
-2.5 |
-2.5 |
-1.7 |
|
Rounding adjustment Cash flow |
0.0 |
- |
- |
- |
- |
|
Cash from Financing Activities |
-40.7 |
-25.0 |
-15.5 |
1.7 |
14.7 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
0.0 |
0.0 |
-0.1 |
-0.1 |
-0.1 |
|
Net Change in Cash |
-1.0 |
-8.3 |
9.1 |
17.0 |
27.3 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
43.7 |
43.4 |
31.3 |
30.9 |
30.1 |
|
Net Cash - Ending Balance |
42.8 |
35.0 |
40.3 |
47.9 |
57.4 |
|
Cash Interest Paid |
2.7 |
1.4 |
3.3 |
2.5 |
1.6 |
|
Cash Taxes Paid |
2.8 |
1.9 |
0.7 |
0.7 |
0.7 |
Business
Segments
Financials in: As Reported (mil)
|
Annual |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.15 |
|
UK Pound |
1 |
Rs.86.00 |
|
Euro |
1 |
Rs.68.31 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.