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Primary Business Indicators
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Primary Business Indicators(Non-Consolidated)

 Profitability
Gross profit / Net sales
(%)

Gross profit / Net sales
Operating profit / Net sales
(%)
Operating profit / Net sales
Net income / Net sales
(%)

Net income / Net sales

2007/3 2008/3 2009/3 2010/3 2011/3
Gross profit / Net sales (%) 30.27 28.97 26.87 12.86 24.69
Operating profit / Net sales (%) 14.57 12.73 8.50 ▲26.83 1.59
Net income / Net sales (%) 9.54 8.65 3.95 ▲26.10 4.96



 Stability
Capital ratio
(%)
Equity/Assets ratio
Current ratio
(%)
Current ratio
Fixed assets/Equity ratio
(%)
Fixed assets/Equity ratio

2007/3 2008/3 2009/3 2010/3 2011/3
Capital ratio (%) 50.16 60.78 73.96 77.64 69.29
Current ratio (%) 162.02 200.68 276.05 358.40 251.52
Fixed assets/Equity ratio (%) 69.01 54.98 54.49 61.59 56.29



 Efficiency
Total assets turnover
(times)

Total assets turnover
Fixed assets turnover
(times)

Fixed assets turnover
Tangible fixed assets turnover
(times)
Tangible fixed assets turnover

2007/3 2008/3 2009/3 2010/3 2011/3
Total assets turnover (times) 1.29 1.20 1.04 0.43 0.82
Fixed assets turnover (times) 3.85 3.54 2.83 0.99 1.89
Tangible fixed assets turnover (times) 40.53 21.91 11.70 2.14 2.87

Note: Total assets, fixed assets, and tangible fixed assets are expressed as an average of the relevant numbers at the beginning and end of each fiscal year, respectively.



 Productivity
Net sales per employee
(¥thousands)

Net sales per employee
Operating profit per employee
(¥thousands)
Operating profit per employee
No. of employees at end-FY
(persons)
No. of employees at end-FY

2007/3 2008/3 2009/3 2010/3 2011/3
Net sales per employee (¥thousands) 75,491 71,374 55,774 18,655 35,556
Operating profit per employee (¥thousands) 11,000 9,083 4,744 ▲5,006 565
No. of employees at end-FY (persons) 251 272 287 286 271

Note: Net sales per employee and operating income per employee are calculated using the average number of employees during the year.



 Investment Indices
ROE
(%)
ROE
ROA
(%)
ROA
Dividend payout ratio
(%)
Dividend payout ratio

2007/3 2008/3 2009/3 2010/3 2011/3
<ROE> (%) 25.19 18.68 6.14 ▲14.88 5.54
<ROA> (%) 20.57 17.18 10.51 ▲9.22 4.43
Dividend payout ratio (%) 24.0 27.7 47.9 0.0 20.1

Note: Total assets and shareholders’ equity are expressed as an average of the relevant numbers at the beginning and end of each fiscal year, respectively.



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