(Millions of yen)
As of March 31, 2022
As of March 31, 2023
Assets
Current assets
Cash and deposits
12,103
14,505
Accounts receivable - trade
14,482
15,217
Securities
5,000
3,400
Merchandise and finished goods
10,016
10,815
Work in process
457
429
Raw materials and supplies
4,587
6,443
Other
2,911
2,948
Allowance for doubtful accounts
(0)
-
Total current assets
49,557
53,759
Non-current assets
Property, plant and equipment
Buildings and structures
9,872
9,949
Accumulated depreciation
(5,311)
(5,568)
Buildings and structures, net
4,560
4,381
Machinery, equipment and vehicles
17,478
17,612
(15,746)
(16,266)
Machinery, equipment and vehicles, net
1,732
1,346
Land
4,249
3,581
4,026
(3,187)
(3,208)
Other, net
393
818
Total property, plant and equipment
10,936
10,796
Intangible assets
Distributorship
5,366
3,673
816
791
Total intangible assets
6,183
4,465
Investments and other assets
Investment securities
12,223
14,385
Deferred tax assets
2,376
1,717
2,037
2,031
(17)
Total investments and other assets
16,620
18,117
Total non-current assets
33,739
33,378
Total assets
83,297
87,138
Liabilities
Current liabilities
Accounts payable - trade
3,118
2,838
Electronically recorded obligations - operating
3,723
3,022
Short-term borrowings
300
Current portion of long-term borrowings
1,423
3,138
Accounts payable - other
4,867
4,947
Provision for bonuses
1,160
1,142
Provision for bonuses for directors (and other officers)
28
24
1,389
2,235
Total current liabilities
16,011
17,650
Non-current liabilities
Long-term borrowings
12,323
9,185
Retirement benefit liability
5,730
5,433
338
335
Total non-current liabilities
18,393
14,954
Total liabilities
34,404
32,604
Net assets
Shareholders' equity
Share capital
1,197
Capital surplus
1,867
1,847
Retained earnings
45,833
49,619
Treasury shares
(3,479)
(3,350)
Total shareholders' equity
45,419
49,315
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
3,231
4,590
Foreign currency translation adjustment
164
405
Remeasurements of defined benefit plans
77
222
Total accumulated other comprehensive income
3,473
5,218
Total net assets
48,892
54,533
Total liabilities and net assets