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Financial Statements

Balance Sheets

Assets

(Millions of yen) FY2015 FY2016 FY2017 FY2018 FY2019
Current assets
Cash and deposits 41,292 39,131 35,355 34,229 33,844
Notes and accounts receivables-trade 44,755 41,623 39,730 38,109 37,456
Inventories 62,910 65,196 66,177 57,011 58,305
Accounts receivable-other 4,244 3,753 3,679 3,537 3,116
Deferred tax assets 6,423 4,966 3,992 - -
Other 7,038 6,466 6,250 6,589 7,419
Allowance for doubtful accounts -1,763 -1,488 -1,260 -1,206 -1,153
Total current assets 164,901 159,649 153,925 138,271 138,989
(Millions of yen) FY2015 FY2016 FY2017 FY2018 FY2019
Non-current assets
Property, plant and equipment
Buildings and structures 73,412 70,424 72,678 72,303 71,913
Machinery, equipment and vehicles 102,894 80,454 83,501 80,147 81,388
Tools, furniture and fixtures 34,943 30,654 31,297 30,419 31,772
Other 4,244 2,983 2,908 1,766 1,820
Accumulated depreciation -170,229 -140,016 -144,359 -145,116 -148,177
Land 50,447 48,674 48,945 49,199 48,998
Construction in progress 917 1,758 1,026 779 924
Total property, plant and equipment 96,630 94,934 95,998 89,498 88,640
Intangible assets
Goodwill 8,236 7,663 7,298 9,149 8,289
Other 7,157 8,262 9,038 8,887 8,957
Total intangible assets 15,393 15,925 16,336 18,036 17,247
Investments and other assets
Investment securities 48,116 42,407 48,131 46,774 45,913
Net defined benefit asset 634 479 - - -
Deferred tax assets 1,737 8,966 8,060 4,015 4,243
Other 6,467 6,952 6,583 8,908 8,165
Allowance for doubtful accounts -179 -199 -178 -208 -163
Total Investments and other assets 56,776 58,606 62,596 59,490 58,159
Total non-current assets 168,799 169,466 174,931 167,025 164,047
Total assets 333,701 329,115 328,857 305,297 303,036

Liabilities

(Millions of yen) FY2015 FY2016 FY2017 FY2018 FY2019
Current liabilities
Notes and accounts payable-trade 26,019 24,267 21,196 24,921 26,449
Electronically recorded obligations operating 7,358 7,766 7,021 7,956 6,438
Short-term loans payable 43,585 39,565 49,468 49,916 49,610
Current portion of long-term loans payable 35,771 35,342 30,038 21,476 19,698
Accounts payable-other 14,603 15,442 13,311 12,598 12,402
Income taxes payable 1,584 1,851 936 1,275 1,281
Deferred tax liabilities 26 19 20 - -
Provision for bonuses 4,346 4,054 3,995 3,534 3,644
Provision for goods warranties 482 468 432 445 440
Provision for loss on lease contracts 194 - - 348 348
Other provision - - - 350 444
Asset retirement obligations 12 16 0 51 -
Other 11,132 10,994 10,345 11,589 12,213
Total current liabilities 145,118 139,789 136,767 134,467 132,972
(Millions of yen) FY2015 FY2016 FY2017 FY2018 FY2019
Non-current liabilities
Long-term loans payable 54,498 49,811 54,055 40,075 35,106
Deferred tax liabilities 11,091 9,232 7,381 2,521 2,451
Deferred tax liabilities for land revaluation 3,812 3,614 3,614 3,614 3,614
Provision for loss on lease contracts - - - 1,832 1,483
Provision for directors' retirement benefits 200 72 39 36 36
Provision for environmental measures 269 244 217 351 349
Provision for gift certificate exchange losses - - - 157 155
Provision for long-term goods warranties 76 84 77 77 82
Provision for loss on business withdrawal - - - 57 32
Other provision - - - 38 97
Net defined benefit liability 18,441 17,011 12,428 10,810 10,602
Asset retirement obligations 522 459 702 676 888
Other 7,080 6,102 6,410 5,410 4,748
Total non-current liabilities 95,993 86,633 84,928 65,660 59,647
Total liabilities 241,112 226,423 221,696 200,127 192,620

Net Assets

(Millions of yen) FY2015 FY2016 FY2017 FY2018 FY2019
Shareholders' equity
Capital stock 10,000 10,000 10,000 10,000 10,000
Capital surplus 7,414 7,246 7,245 7,245 7,245
Retained earnings 47,765 57,323 59,535 67,975 74,124
Treasury shares -151 -158 -329 -334 -335
Total shareholders' equity 65,027 74,411 76,451 84,886 91,034
Accumulated other comprehensive income
Valuation difference on available-for-sale securities 13,007 10,719 14,962 11,639 10,099
Deferred gains or losses on hedges 39 -28 39 -294 -104
Revaluation reserve for land 7,991 8,190 8,190 8,190 8,190
Foreign currency translation adjustment 4,796 1,647 -402 468 878
Remeasurements of defined benefit plans -452 -417 -1,121 -879 -876
Total accumulated other comprehensive income 25,383 20,110 21,668 19,123 18,186
Non-controlling interest 2,178 8,170 9,042 1,159 1,194
Total net assets 92,589 102,692 107,161 105,170 110,415
Total liabilities and net assets 333,701 329,115 328,857 305,297 303,036

* 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.

Consolidated Balance Sheets for the last five years (viewable as a single download)(EXCEL:41KB)

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