Financial Summary for 1H/FY2009
(from April 1 to September 30, 2009)
- Total assets were down 66.1 billion yen, or 6.1%, from the term-end of fiscal 2008 to 1,026.4 billion yen.
- The principal reasons for changes in assets included a downturn in both operational receivables and payables due to declining net sales, and debt repayments such as the repayment of commercial paper.
- Net assets were 481.3 billion yen, an 8.1 billion yen increase from the previous year. This is primarily due to a 3.0 billion yen increase in retained earnings resulting from net income for the period, and an increase of 3.2 billion yen in valuation and translation adjustments due to fluctuations in share prices and exchange rates.
- As for financial indicators, the equity ratio was 44.9% and the debt-to-equity ratio was 0.27 times.