Financial PerformanceConsolidated Balance Sheet
Assets
February 28, 2021 | February 28, 2022 | February 28, 2023 | |
---|---|---|---|
Current assets | |||
Cash and deposits | 4,108 | 4,001 | 4,256 |
Notes and accounts receivable - trade | 6,643 | 6,844 | - |
Notes receivable - trade | - | - | 1,235 |
Accounts receivable - trade | - | - | 6,360 |
Merchandise and finished goods | 2,524 | 2,935 | 3,276 |
Raw materials and supplies | 1,718 | 2,391 | 3,030 |
Other | 338 | 461 | 675 |
Allowance for doubtful accounts | △ 27 | △ 25 | △ 22 |
Total current assets | 15,304 | 16,607 | 18,810 |
Non-current assets | |||
Property, plant and equipment | |||
Buildings and structures | 6,919 | 6,867 | 7,402 |
Accumulated depreciation | △ 3,367 | △ 3,327 | △ 3,516 |
Buildings and structures, net | 3,552 | 3,540 | 3,886 |
Machinery, equipment and vehicles | 9,832 | 10,513 | 10,793 |
Accumulated depreciation | △ 8,028 | △ 8,478 | △ 8,978 |
Machinery, equipment and vehicles, net | 1,804 | 2,035 | 1,815 |
Land | 2,422 | 1,954 | 1,963 |
Leased assets | 189 | 189 | 230 |
Accumulated depreciation | △ 133 | △ 134 | △ 148 |
Leased assets, net | 56 | 55 | 82 |
Construction in progress | 155 | 294 | 491 |
Other | 2,961 | 3,004 | 3,143 |
Accumulated depreciation | △ 2,431 | △ 2,579 | △ 2,770 |
Other, net | 529 | 425 | 373 |
Total property, plant and equipment | 8,518 | 8,304 | 8,610 |
Intangible assets | |||
Goodwill | 347 | 219 | 92 |
Leased assets | 3 | 1 | 45 |
Other | 442 | 412 | 452 |
Total intangible assets | 792 | 633 | 589 |
Investments and other assets | |||
Investment securities | 339 | 367 | 520 |
Investments in capital | 1,656 | 1,915 | 2,078 |
Deferred tax assets | 31 | 29 | 75 |
Net defined benefit asset | 841 | 976 | 1,160 |
Other | 226 | 179 | 168 |
Allowance for doubtful accounts | △ 0 | △ 0 | △ 0 |
Total investments and other assets | 3,093 | 3,465 | 4,002 |
Total non-current assets | 12,403 | 12,401 | 13,202 |
Deferred assets | |||
Business commencement expenses | - | - | 6 |
Total deferred assets | - | - | 6 |
Total assets | 27,707 | 29,008 | 32,017 |
Liabilities
February 28, 2021 | February 28, 2022 | February 28, 2023 | |
---|---|---|---|
Current liabilities | |||
Notes and accounts payable - trade | 3,975 | 4,308 | 5,144 |
Contract liability | 2,544 | - | 94 |
Short-term borrowings | 26 | 560 | 2,381 |
Income taxes payable | 109 | 427 | 183 |
Provision for bonuses | 441 | 529 | 464 |
Other | 1,026 | 1,437 | 1,334 |
Total current liabilities | 8,121 | 7,260 | 9,599 |
Non-current liabilities | |||
Long-term borrowings | 775 | 350 | 472 |
Net defined benefit liability | 494 | 531 | 498 |
Other | 136 | 293 | 208 |
Total non-current liabilities | 1,424 | 1,197 | 1,179 |
Total liabilities | 9,545 | 8,457 | 10,778 |
Net Assets
February 28, 2021 | February 28, 2022 | February 28, 2023 | |
---|---|---|---|
Shareholders' equity | |||
Capital stock | 2,118 | 2,118 | 2,118 |
Capital surplus | 1,976 | 1,976 | 1,976 |
Retained earnings | 12,132 | 13,517 | 13,760 |
Treasury shares | △ 390 | △ 384 | △ 567 |
Total shareholders' equity | 15,836 | 17,227 | 17,287 |
Accumulated other comprehensive income | |||
Valuation difference on available-for-sale securities | 27 | 38 | 74 |
Foreign currency translation adjustment | △ 117 | 505 | 879 |
Remeasurements of defined benefit plans | 152 | 191 | 293 |
Total accumulated other comprehensive income | 63 | 735 | 1,246 |
Non-controlling interests | 2,264 | 2,589 | 2,706 |
Total net assets | 18,163 | 20,551 | 21,240 |
Total liabilities and net assets | 27,707 | 29,008 | 32,017 |