Assets

(millions of Yen)

FY2016 FY2017 FY2018 FY2019 FY2020 FY2021
Assets Current Assets Cash and time deposits 11,868 6,626 7,056 12,890 11,995 20,235
Notes and accounts receivable, Contract assets 8,168 8,978 8,359 11,955 11,253 13,072
Marketable securities 1,871 - 126 337 5,238 25,185
Merchandise and Finished goods 96 115 78 97 161 38
Work in process 4 30 59 4 113 112
Raw materials 42 45 46 50 70 77
Deferred tax assets 939 959 - - - -
Other current assets 3.721 2,885 4,051 4,636 4,916 13,365
Allowance for bad debts ∆23 ∆11 ∆5 ∆9 ∆9 ∆11
Total current assets 26,689 19,631 19,773 29,963 33,739 72,705
Fixed assets Property and equipment Buildings and structures, net 12,029 10,993 10,746 10,156 24,545 24,409
Land 14,615 14,615 14,615 14,615 14,930 14,093
Other, net 526 7,582 7,515 1,581 1,441 1,481
Total Property and equipment 26,126 29,413 28,764 40,743 40,781 37,846
Intangible assets Other 208 190 144 191 240 275
Total Intangible assets 208 190 144 191 240 275
Investments and other assets Investment securities 65,484 78.938 76,355 71,350 113,176 102,940
Deferred tax assets 142 287 3,169 4,346 212 881
Retirement benefit asset - - - - 1,228 1,824
Other 809 906 16 1,196 1,291 4,749
Allowance for bad debts - - - - - ∆790
Total investments and other assets 66,436 80,131 80,510 76,894 115,909 109,605
Total fixed assets 92,772 109,736 109,419 117,829 156,931 147,727
Total assets 119,461 129,367 129,192 147,793 190,671 219,803

Liabilities and net assets

(millions of Yen)

FY2016 FY2017 FY2018 FY2019 FY2020 FY2021
Liabilities Current liabilities Notes and accounts payable-trade 487 843 565 1,642 300 520
Short term loan - - - 13,000 - -
Accounts payable- other 4,244 1,185 1,269 1,594 5,388 9,646
Income taxes payable 2,566 3,426 2,240 3,367 6,332 6,470
Accrued bonuses to employees 949 1,043 1,089 1,190 1,633 1,928
Accrued bonuses to directors 242 168 176 226 318 389
Allowance for sales returns 0 0 0 0 0 0
Allowance for sales discount 255 475 269 144 117 -
Allowance for customer-discount points 21 19 11 7 0 -
Allowance for loss on order received 595 118 - 35 - -
Deferred tax liabilities 0 1 - - - -
Other current liabilities 2,691 3,268 3,216 2,916 6,894 13,660
Total current liabilities 11,460 11,028 8,957 24,090 21,022 32,616
Long-term liabilities Convertible bond - - - - - 48,146
Net defined benefit liability 295 57 - 199 - -
Deferred tax liabilities 326 1,201 157 193 3,808 156
Other long-term liabilities 861 836 792 962 710 782
Total long-term liabilities 1,484 2,096 950 1,356 4,519 49,085
Total liabilities 12,944 13,124 9,908 25,446 25,541 81,701
Net assets Shareholders' equity Common stock 15,000 15,000 15,000 15,000 15,000 15,000
Capital surplus 25,937 26,175 26,389 26,881 27,833 28,006
Retained earnings 66,159 73,269 80,404 88,758 110,529 130,954
Treasury stock ∆1,456 ∆1,266 ∆2,588 ∆2,036 ∆1,364 ∆39,393
Total shareholders' equity 105,639 113,178 119,204 128,602 151,999 134,567
Accumulated other comprehensive income Unrealized gains or losses on securities 3,130 4,885 1,355 ∆3,058 14,596 3,548
Unrealized losses on revaluation of the land ∆3,115 ∆3,115 ∆2,166 ∆3,115 ∆3,115 ∆3,115
Foreign currency translation adjustments 697 997 703 130 1,174 2,418
Remeasurements of defined benefit plans ∆90 ∆48 ∆226 ∆586 171 271
Total accumulated other comprehensive income 622 2,719 ∆333 ∆6,629 12,827 3,122
Share subscription rights 254 345 413 373 303 411
Total net assets 106,516 116,242 119,284 122,346 165,129 138,101
Total liabilities and net assets 119,461 129,367 129,192 147,793 190,671 219,803