Financial Statements

(Millions of yen)	FY2015	FY2016	FY2017	FY2018	FY2019
Current assets
Cash and deposits	39,131	35,355	34,229	33,844	26,112
Notes and accounts receivables-trade	41,623	39,730	38,109	37,456	34,397
Merchandise and finished goods	42,081	43,514	38,381	38,119	42,964
Work in process	13,315	13,627	10,701	11,448	12,161
Raw materials and supplies	9,799	9,035	7,928	8,737	10,608
Accounts receivable-other	3,753	3,679	3,537	3,116	5,406
Deferred tax assets	4,966	3,992	-	-	-
Other	6,466	6,250	6,589	7,419	7,790
Allowance for doubtful accounts	-1,488	-1,260	-1,206	-1,153	-1,317
Total current assets	159,649	153,925	138,271	138,989	138,123

(Millions of yen)	FY2015	FY2016	FY2017	FY2018	FY2019
Non-current assets
Property, plant and equipment
Buildings and structures	70,424	72,678	72,303	71,913	72,189
Machinery, equipment and vehicles	80,454	83,501	80,147	81,388	78,307
Tools, furniture and fixtures	30,654	31,297	30,419	31,772	32,278
Other	2,983	2,908	1,766	1,820	7,183
Accumulated depreciation	-140,016	-144,359	-145,116	-148,177	-146,873
Land	48,674	48,945	49,199	48,998	48,522
Construction in progress	1,758	1,026	779	924	2,434
Total property, plant and equipment	94,934	95,998	89,498	88,640	94,044
Intangible assets
Goodwill	7,663	7,298	9,149	8,289	7,430
Other	8,262	9,038	8,887	8,957	8,572
Total intangible assets	15,925	16,336	18,036	17,247	16,003
Investments and other assets
Investment securities	42,407	48,131	46,774	45,913	38,759
Retirement benefit asset	479	-	-	-	-
Deferred tax assets	8,966	8,060	4,015	4,243	4,441
Other	6,952	6,583	8,908	8,165	8,734
Allowance for doubtful accounts	-199	-178	-208	-163	-115
Total Investments and other assets	58,606	62,596	59,490	58,159	51,820
Total non-current assets	169,466	174,931	167,025	164,047	161,867
Total assets	329,115	328,857	305,297	303,036	299,990

(Millions of yen)	FY2015	FY2016	FY2017	FY2018	FY2019
Current liabilities
Notes and accounts payable-trade	24,267	21,196	24,921	26,449	21,869
Electronically recorded obligations - operating	7,766	7,021	7,956	6,438	6,495
Short-term borrowings	39,565	49,468	49,916	49,610	59,140
Current portion of long-term borrowings	35,342	30,038	21,476	19,698	16,843
Accounts payable-other	15,442	13,311	12,598	12,402	11,739
Income taxes payable	1,851	936	1,275	1,281	1,282
Deferred tax liabilities	19	20	-	-	-
Provision for bonuses	4,054	3,995	3,534	3,644	3,477
Provision for goods warranties	468	432	445	440	462
Provision for loss on lease contracts	-	-	348	348	348
Other provisions	-	-	350	444	555
Asset retirement obligations	16	0	51	-	13
Other	10,994	10,345	11,589	12,213	13,929
Total current liabilities	139,789	136,767	134,467	132,972	136,158

(Millions of yen)	FY2015	FY2016	FY2017	FY2018	FY2019
Non-current liabilities
Long-term borrowings	49,811	54,055	40,075	35,106	33,637
Lease obligations	-	-	-	1,246	4,288
Deferred tax liabilities	9,232	7,381	2,521	2,451	1,929
Deferred tax liabilities for land revaluation	3,614	3,614	3,614	3,614	3,614
Provision for loss on lease contracts	-	-	1,832	1,483	1,134
Provision for gift certificate exchange losses	-	-	157	155	148
Provision for stock benefits	-	-	-	89	133
Provision for long-term goods warranties	84	77	77	82	84
Provision for retirement benefits for directors (and other officers)	72	39	36	36	35
Provision for loss on business withdrawal	-	-	57	32	10
Provision for environmental measures	244	217	351	349	1
Other provision	-	-	38	8	7
Retirement benefit liability	17,011	12,428	10,810	10,602	10,453
Asset retirement obligations	459	702	676	888	908
Other	5,898	6,177	5,410	3,501	3,171
Total non-current liabilities	86,633	84,928	65,660	59,647	59,558
Total liabilities	226,423	221,696	200,127	192,620	195,717

(Millions of yen)	FY2015	FY2016	FY2017	FY2018	FY2019
Shareholders' equity
Share capital	10,000	10,000	10,000	10,000	10,000
Capital surplus	7,246	7,245	7,245	7,245	7,245
Retained earnings	57,323	59,535	67,975	74,124	74,418
Treasury shares	-158	-329	-334	-335	-328
Total shareholders' equity	74,411	76,451	84,886	91,034	91,335
Accumulated other comprehensive income
Valuation difference on available-for-sale securities	10,719	14,962	11,639	10,099	5,486
Deferred gains or losses on hedges	-28	39	-294	-104	11
Revaluation reserve for land	8,190	8,190	8,190	8,190	8,190
Foreign currency translation adjustment	1,647	-402	468	878	-804
Remeasurements of defined benefit plans	-417	-1,121	-879	-876	-1,169
Total accumulated other comprehensive income	20,110	21,668	19,123	18,186	11,714
Non-controlling interests	8,170	9,042	1,159	1,194	1,223
Total net assets	102,692	107,161	105,170	110,415	104,273
Total liabilities and net assets	329,115	328,857	305,297	303,036	299,990

* The Company has applied "Partial Amendments to Accounting Standard for Tax Effect Accounting" (ASBJ Statement No. 28, February 16, 2018), etc. from the beginning of the first quarter of the fiscal year ending March 31, 2019. Accordingly, total assets, equity capital ratio and return of asset as of March 31, 2018 are presented after reclassification.