Assets

(millions of Yen)

FY2014 FY2015 FY2016 FY2017 FY2018
Assets Current Assets Cash and time deposits 11,958 12,258 11,868 6,626 7,056
Notes and accounts receivable 9,734 10,962 8,168 8,978 8,359
Marketable securities 1,924 745 1,871 - 126
Merchandise and Finished goods 180 156 96 115 78
Work in process 14 47 4 30 59
Raw materials 84 42 42 45 46
Deferred tax assets 839 791 939 959 -
Other current assets 2,283 2,445 3.721 2,885 4,051
Allowance for bad debts ∆11 ∆20 ∆23 ∆11 ∆5
Total current assets 27,007 27,430 26,689 19,631 19,773
Fixed assets Property and equipment Buildings and structures, net 13,081 12,029 10,993 10,746 10,156
Land 6,345 6,201 14,615 14,615 14,615
Other, net 653 625 517 4,051 3,991
Total Property and equipment 20.080 18,856 26,126 29,413 28,764
Intangible assets Goodwill 677 290 - - -
Other 136 141 208 190 144
Total Intangible assets 813 432 208 190 144
Investments and other assets Investment securities 65,893 62,120 65,484 78.938 76,355
Claim in bankruptcy - - - - -
Lease and guarantee deposits 674 - - - -
Net defined benefit assets 271 - - - -
Deferred tax assets 268 1,301 142 287 3,169
Other 205 785 809 906 16
Total investments and other assets 67,313 64,207 66,436 80,131 80,510
Total fixed assets 88,208 83,495 92,772 109,736 109,419
Total assets 115,216 110,925 119,461 129,367 129,192

Liabilities and net assets

(millions of Yen)

FY2014 FY2015 FY2016 FY2017 FY2018
Liabilities Current liabilities Notes and accounts payable-trade 2,338 2,243 487 843 565
Accounts payable- other 1,014 1,234 4,244 1,185 1,269
Income taxes payable 2,849 2,900 2,566 3,426 2,240
Accrued bonuses to employees 1,022 1,007 949 1,043 1,089
Accrued bonuses to directors 258 234 242 168 176
Allowance for sales returns 18 9 0 0 0
Allowance for sales discount 527 240 255 475 269
Allowance for customer-discount points 15 19 21 19 11
Allowance for loss on order received - - - 595 118
Deferred tax liabilities 0 0 0 1 -
Other current liabilities 2,902 2,695 2,691 3,268 3,216
Total current liabilities 10,949 10,584 11,460 11,028 8,957
Long-term liabilities Net defined benefit liability - 380 295 57 -
Deferred tax liabilities 2,873 526 326 1,201 157
Other long-term liabilities 720 728 861 836 792
Total long-term liabilities 3,594 1,634 1,484 2,096 950
Total liabilities 14,543 12,219 12,944 13,124 9,908
Net assets Shareholders' equity Common stock 15,000 15,000 15,000 15,000 15,000
Capital surplus 25,699 25,699 25,937 26,175 26,389
Retained earnings 53,955 60,003 66,159 73,269 80,404
Treasury stock ∆1,735 ∆1,657 ∆1,456 ∆1,266 ∆2,588
Total shareholders' equity 92,919 99,045 105,639 113,178 119,204
Accumulated other comprehensive income Unrealized gains or losses on securities 7,598 1,009 3,130 4,885 1,355
Unrealized losses on revaluation of the land ∆3,099 ∆3,115 ∆3,115 ∆3,115 ∆2,166
Foreign currency translation adjustments 2,642 1,636 697 997 703
Remeasurements of defined benefit plans 531 ∆54 ∆90 ∆48 ∆226
Total accumulated other comprehensive income 7,672 ∆523 622 2,719 ∆333
Share subscription rights 80 184 254 345 413
Total net assets 100,672 98,706 106,516 116,242 119,284
Total liabilities and net assets 115,216 110,925 119,461 129,367 129,192