Financial Highlights

Financial Data (Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2017 Fiscal year ended March 31, 2018 Fiscal year ended March 31, 2019
Net sales 2,581,028 3,683,329 4,256,195
Operating income -77,659 647,982 724,151
Ordinary income -118,588 610,562 909,529
Net income -126,338 496,513 922,861
Capital stock 4,973,097 4,973,097 6,868,417
Shares issued and outstanding(number of shares) 15,929,405 15,929,405 18,267,524
Total shareholder’s equity 4,966,555 5,504,374 10,360,903
Total liabilities and net assets 6,206,460 7,212,718 11,360,903
Capital adequacy ratio (%) 75.8 73.2 88.7

Summary of Statements of Income (Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2017 Fiscal year ended March 31, 2018 Fiscal year ended March 31, 2019
Net sales 2,581,028 3,683,329 4,256,195
Cost of sales 918,605 1,026,831 1,239,651
Gross profit 1,662,422 2,656,498 3,016,544
Selling, general, and administrative expenses 1,740,082 2,008,515 2,292,393
Operating income -77,659 647,982 724,151
Non-operating income 24,700 78,688 188,229
Non-operating expenses 65,629 116,108 2,851
Ordinary income -118,588 610,562 909,529
Extraordinary income - 9,364 -
Extraordinary losses - 30,042 -
Net income -126,338 496,513 922,861

Balance Sheet Summary(Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year Fiscal year ended March 31, 2017 Fiscal year ended March 31, 2018 Fiscal year ended March 31, 2019
Current assets 4,703,832 5,701,528 8,108,778
Fixed assets 1,502,628 1,511,190 3,252,124
Total assets 6,206,460 7,212,718 11,360,903
Current liabilities 430,737 736,819 965,720
Fixed liabilities 809,167 971,524 163,905
Total liabilities 1,239,905 1,708,344 1,129,625
Total shareholder’s equity 4,966,555 5,504,374 10,231,277
Total liabilities and net assets 6,206,460 7,212,718 11,360,903

Cash Flows (Consolidated)

(Unit: ¥ thousand, except as noted)

Fiscal year ended March 31, 2017 Fiscal year ended March 31, 2018 Fiscal year ended March 31, 2019
Cash flow from operating activities -39,196 868,602 778,099
Cash flow from investing activities -592,036 -142,457 -3,056,827
Cash flow from financing activities 30,000 183,287 3,012,796
Cash and cash equivalents at the end of the year 3,428,289 4,237,053 5,053,290