Financial Standing and Cash Flow

(millions of yen)	2022/3	2023/3	2024/3	2025/3	2026/3
Total assets	228,159	237,105	266,494	268,448	286,820
Net assets	130,788	131,992	151,562	156,486	170,232
Net Income - Sharehoider's Equity Ratio	5.9%	6.3%	11.6%	7.6%	10.1%
Ordinary Income - Total assets ratio	4.7%	5.6%	7.9%	7.5%	8.9%
Operating Income - Net sales ratio	4.5%	5.4%	6.2%	6.5%	8.2%
Equity capital ratio	54.7%	53.1%	54.0%	55.2%	56.1%
Net assets per share	1,829.27yen	1,894.37yen	2,194.04yen	2,282.91yen	2,555.19yen

*

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

Cash Flows	2022/3	2023/3	2024/3	2025/3	2026/3
Net cash provided by (used in) operating activities	-8,544	4,806	20,738	-21,219	64,700
Net cash provided by (used in) investing activities	-1,071	-1,748	2,148	-4,982	748
Net cash provided by (used in) financing activities	6,000	-9,822	-5,545	1,907	-23,475
Cash and cash equivalents at end of period	48,791	43,946	63,265	42,013	86,359

Financial Data