Financial Indicator

Return On Invested Capital(ROIC)

Return on equity (ROE)

Shareholders' equity to total assets ratio

Debt to Shareholders' equity ratio

Cash flows from operating activities

FY 18.3 19.3 20.3 21.3 22.3
Return On Invested Capital(ROIC)(%) - - - 6.2 7.0
Return on equity(ROE)(%) 3.8 3.4 4.2 7.8 11.0
As of March 31 18.3 19.3 20.3 21.3 22.3
Shareholders' equity to total assets ratio(%) 52.7 49.5 46.6 46.8 49.0
Debt to Shareholders' equity ratio(times) 0.50 0.64 0.76 0.73 0.65
FY 18.3 19.3 20.3 21.3 22.3
Cash flows from operating activities(million yen) 168,731 65,116 182,892 219,797 145,350
  • “Partial Amendments to Accounting standard for Tax Effect Accounting” has been applied from FY19.3.
    The figures of FY18.3 are calculated taking in account of this amendments.
  • ・ROIC = NOPAT / Invested capital*100
  • ・NOPAT = Ordinary profit + Interest expenses - Interest income - Income taxes
  • ・Invested capital= Interest-bearing debts + Shareholders’ equity(average of the beginning and the end of each fiscal year)
    Interest-bearing debts excludes risk-free leased liabilities to us.
  • ・Return on equity(ROE)=Profit attributable to owners of parent/Averaged shareholders' equity*100
  • ・Shareholders' equity to total assets ratio=Shareholders' equity (at Fiscal Year end)/Total assets (at Fiscal Year end)*100
  • ・Debt to equity ratio=/Interest-bearing debts (at Fiscal Year end)/Shareholders' equity (at Fiscal Year end)