Financial Indicators

Fiscal years ended March 31 2016/3 2017/3 2018/3 2019/3 2020/3 2021/3
( Profitability ) Return on equity (ROE) 5.3% 7.0% 7.2% 8.9% 9.1% 8.3%
Return on assets (ROA) 6.2% 7.1% 7.5% 8.3% 8.5% 7.8%
( Safety ) Current ratio 141.2% 148.3% 160.8% 170.7% 173.4% 201.7%
Fixed assets /
(Shareholders' equity + Long term liabilities)
79.2% 75.2% 71.3% 66.9% 65.1% 58.1%
Debt / Equity ratio (times) 0.22 0.23 0.16 0.15 0.12 0.12
Interest coverage ratio (times) * 74.0 142.6 120.5 78.8 288.8 317.6
Cash flows Cash flows from operating activities
Cash flows(Million-yen)
10,853 15,185 11,879 10,470 19,086 18,847
Cash flows from investing activities
Cash flows(Million-yen)
-15,149 -10,584 -8,388 -7,449 -9,316 -6,582
Cash flows from financing activities
Cash flows(Million-yen)
3,140 -1,570 -4,954 -2,715 -6,400 -2,088
Capital expenditure
breakdown
Capital expenditure breakdown (Million-yen) 15,856 9,961 8,747 7,965 7,771 5,916
Japan(Million-yen) 8,585 6,959 5,609 4,592 4,839 3,527
Americas(Million-yen) 2,000 1,026 1,619 1,769 626 1,317
Europe(Million-yen) 3,379 1,432 1,024 1,149 1,434 605
PAGO(Million-yen) 1,946 340 295 301 430 109
ASEAN(Million-yen) 111 318 123 99 488 699
Depreciation
breakdown
Depreciation breakdown(Million-yen) 7,222 8,549 9,234 8,836 8,160 8,056
Japan(Million-yen) 2,886 4,337 4,589 4,403 4,092 3,996
Americas(Million-yen) 2,517 2,488 2,644 2,544 2,301 2,029
Europe(Million-yen) 879 1,016 1,261 1,183 1,048 940
PAGO(Million-yen) 784 542 555 517 523 395
ASEAN(Million-yen) 174 188 210 213 220 886
R&D expenses R&D expenses(Million-yen) 2,515 2,343 2,187 2,120 2,539 2,394
Employees Number of employees 4,001 4,253 4,478 4,703 5,719 5,741

*Interest coverage ratio: Cash-flow from operating activities / Interest paid (same as interest paid in the consolidated cash-flow)