Net income more than doubled from ¥749 million in FY2012 to ¥1.65 billion in FY2013, despite a decline in net sales from ¥13.3 billion to ¥12.6 billion.
02
Operational efficiency improved significantly, driving operating income up from ¥2.19 billion to ¥2.57 billion.
03
The company strengthened its balance sheet by reducing total liabilities from ¥4.9 billion to ¥3.8 billion while increasing total net assets from ¥14.7 billion to ¥16.3 billion.
04
Cash and deposits reached ¥13.2 billion, supported by a substantial increase in cash provided by operating activities from ¥1.0 billion in the prior year to ¥2.8 billion in FY2013.
05
Profitability was bolstered by a one-time extraordinary gain of ¥406 million resulting from the sale of subsidiary stocks.
06
The entity maintained financial stability while funding investment activities and distributing ¥149 million in dividends to shareholders.
Insights
01
Net income more than doubled from ¥749 million in FY2012 to ¥1.65 billion in FY2013, despite a decline in net sales from ¥13.3 billion to ¥12.6 billion.
02
Operational efficiency improved significantly, driving operating income up from ¥2.19 billion to ¥2.57 billion.
03
The company strengthened its balance sheet by reducing total liabilities from ¥4.9 billion to ¥3.8 billion while increasing total net assets from ¥14.7 billion to ¥16.3 billion.
04
Cash and deposits reached ¥13.2 billion, supported by a substantial increase in cash provided by operating activities from ¥1.0 billion in the prior year to ¥2.8 billion in FY2013.
05
Profitability was bolstered by a one-time extraordinary gain of ¥406 million resulting from the sale of subsidiary stocks.
06
The entity maintained financial stability while funding investment activities and distributing ¥149 million in dividends to shareholders.