Financial Indicators

Fiscal years ended March 31		2017/3	2018/3	2019/3	2020/3	2021/3	2022/3
( Profitability )	Return on equity (ROE)	7.0%	7.2%	8.9%	9.1%	8.3%	5.8%
( Profitability )	Return on assets (ROA)	7.1%	7.5%	8.3%	8.5%	7.8%	6.5%
( Safety )	Current ratio	148.3%	160.8%	170.7%	173.4%	201.7%	208.1%
	Fixed assets / (Shareholders' equity + Long term liabilities)	75.2%	71.3%	66.9%	65.1%	58.1%	54.7%
	Debt / Equity ratio (times)	0.23	0.16	0.15	0.12	0.12	0.11
	Interest coverage ratio (times) *	142.6	120.5	78.8	288.8	317.6	217.4
Cash flows	Cash flows from operating activities Cash flows(Million-yen)	15,185	11,879	10,470	19,086	18,847	14,021
	Cash flows from investing activities Cash flows(Million-yen)	-10,584	-8,388	-7,449	-9,316	-6,582	-7,804
	Cash flows from financing activities Cash flows(Million-yen)	-1,570	-4,954	-2,715	-6,400	-2,088	-4,834
Capital expenditure breakdown	Capital expenditure breakdown (Million-yen)	9,961	8,747	7,965	7,771	5,916	10,503
	Japan(Million-yen)	6,959	5,609	4,592	4,839	3,527	3,988
	Americas(Million-yen)	1,026	1,619	1,769	626	1,317	3,720
	Europe(Million-yen)	1,432	1,024	1,149	1,434	605	728
	PAGO(Million-yen)	340	295	301	430	109	-
	ASEAN(Million-yen)	318	123	99	488	699	1,934
Depreciation breakdown	Depreciation breakdown(Million-yen)	8,549	9,234	8,836	8,160	8,056	8,069
	Japan(Million-yen)	4,337	4,589	4,403	4,092	3,996	3,963
	Americas(Million-yen)	2,488	2,644	2,544	2,301	2,029	1,795
	Europe(Million-yen)	1,016	1,261	1,183	1,048	940	1,433
	PAGO(Million-yen)	542	555	517	523	395	-
	ASEAN(Million-yen)	188	210	213	220	886	891
R&D expenses	R&D expenses(Million-yen)	2,343	2,187	2,120	2,539	2,394	2,493
Employees	Number of employees	4,253	4,478	4,703	5,719	5,741	5,892

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