Financial Statement

Balance Sheet

(Million Yen)

Assets (Consolidated)

Account title / term	FY2021	FY2022	FY2023	FY2024	FY2025
Current assets	13,654	14,577	13,239	16,722	17,965
Fixed assets	14,899	14,516	14,266	14,936	16,266
Total assets	28,554	29,094	27,505	31,659	34,231
Current liabilities	9,098	8,416	7,454	10,404	11,668
Fixed liabilities	8,971	8,750	7,443	7,414	7,850
(Long-term borrowings)	7,611	7,372	6,062	5,717	6,052
Total liabilities	18,069	17,166	14,897	17,818	19,519
Stockholders' equity	10,475	11,404	12,016	12,908	13,862
Total net assets	10,484	11,927	12,607	13,841	14,712
Total liabilities and stockholders' capital	28,554	29,094	27,505	31,659	34,231

detail to Balance sheet

Statement of Income

(Million Yen)

Part details of statement of income (Consolidated)

Account title / term	FY2021	FY2022	FY2023	FY2024	FY2025
Sales revenues	31,603	33,595	33,897	39,900	48,393
Gross profit	3,203	3,614	3,182	4,551	5,744
Selling, general and administrative expenses	2,175	2,338	2,247	2,992	4,052
Operating income	1,028	1,275	935	1,559	1,692
Ordinary income	1,201	1,357	1,227	1,751	1,816
Net income	834	852	759	1,039	1,133

detail to Statement of income

Statement of Cash Flow

(Million Yen)

Net cash(Consolidated)

Account title / term	FY2021	FY2022	FY2023	FY2024	FY2025
Net cash provided by operating activities	1,822	1,135	1,307	4,324	1,198
Net cash provided by Investing activities	△1180	△215	△477	△3218	△1134
Net cash provided by financing activities	590	64	△2366	277	△1027
Cash and cash equivalents at beginning of term	5,572	6,805	7,789	6,253	7,589
Cash and cash equivalents at end of term	6,805	7,789	6,253	7,589	6,639

detail to Statement of Cash Flow