Highlights of FY2023 Financial Results
Operating Income 339.6 billion yen, an increase of 11% YoY. Net Profit* of 224.6 billion yen, up 14% YoY.
Revenues, Operating Income, Ordinary Income, and Net Profit* all exceeded forecasts and reached record highs.
This is the 12th consecutive year of record-high revenues, and the 2nd consecutive year of record-high
Operating Income, Ordinary Income, and Net Profit*
Consolidated Five-Year Summary
(Millions of yen)
SCROLL
Years Ended March 31 |
2020 |
2021 |
2022 |
2023 |
2024 |
Revenue and Earnings |
Revenue from Operations |
1,905,642 |
2,007,554 |
2,100,870 |
2,269,103 |
2,383,289 |
Operating Income |
280,617 |
203,770 |
244,978 |
305,405 |
339,690 |
Ordinary Income |
258,510 |
168,865 |
224,940 |
265,358 |
267,890 |
Profit Attributable to Owners of Parent |
183,972 |
129,576 |
176,986 |
196,998 |
224,647 |
Financial Position |
Total Assets |
7,395,359 |
7,741,972 |
8,208,012 |
8,841,396 |
9,489,527 |
Real Property for Sale (*1) |
1,907,839 |
1,930,528 |
2,051,704 |
2,163,634 |
2,375,281 |
Tangible and Intangible Fixed Assets |
3,753,141 |
3,796,800 |
3,914,135 |
4,293,130 |
4,405,526 |
Interest-Bearing Debt (*2) |
3,481,117 |
3,623,438 |
3,667,234 |
4,048,531 |
4,430,422 |
Net Assets |
2,486,525 |
2,655,991 |
2,913,752 |
3,031,220 |
3,234,656 |
Cash Flows |
Cash Flow from
Operating Activities |
87,094 |
187,862 |
271,469 |
297,708 |
241,697 |
Cash Flow from Investing Activities |
(532,806) |
(131,035) |
(210,057) |
(422,034) |
(286,987) |
Cash Flow from Financing Activities |
467,751 |
(66,565) |
(139,600) |
111,448 |
59,988 |
Free Cash Flow (*3) |
(445,712) |
56,826 |
61,412 |
(124,326) |
(45,290) |
Per Share Data |
Earnings per Share (Yen)(*4) |
62.8 |
44.8 |
61.5 |
69.3 |
80.2 |
Net Assets per Share
(Yen)(*4) |
826.8 |
885.5 |
980.7 |
1,035.8 |
1,109.9 |
Annual Dividend per Share (Yen)(*4) |
15 |
15 |
18 |
21 |
28 |
Key Management Indices |
Return on Equity
(%)(*5) |
7.74 |
5.22 |
6.61 |
6.92 |
7.47 |
Debt/Equity Ratio
(Times)(*6) |
1.45 |
1.42 |
1.31 |
1.40 |
1.42 |
Return on Assets
(%)(*7) |
4.18 |
2.84 |
3.31 |
3.86 |
3.94 |
Equity Ratio (%) |
32.6 |
33.0 |
34.1 |
32.8 |
32.8 |
EBITDA (Billion of yen)(*8) |
372.0 |
301.8 |
356.4 |
430.7 |
473.4 |
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*1
Real Property for Sale: Real Property for Sale + Real Property for Sale in Progress + Land for Development + Advances Paid for Purchases
-
*2
Interest-Bearing Debt: Short-Term Debt + Commercial Paper + Bond Redeemable within One Year + Corporate Bonds + Long-Term Debt
-
*3
Free Cash Flow: Cash Flows from Operating Activities + Cash Flows from Investing Activities
-
*4
The Company conducted a 3-for-1 stock split for common shares, and calculated the figures for fiscal years prior to fiscal year 2022 as if the stock split had been conducted at the beginning of the previous fiscal
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*5
ROE: Profit Attributable to Owners of Parent/Average shareholders' equity over period
-
*6
Debt/Equity Ratio: Interest-Bearing Debt/Shareholders' equity
-
*7
ROA: (Operating Income + Non-Operating Income)/Average Total Assets over period
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*8
EBITDA: Operating income +Depreciation
Revenue and Earnings
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Revenue from Operations(Billions of yen)
-
Operating Income/Profit Attributable to Owners of Parent(Billions of yen)
Financial Position
-
Total Assets(Billions of yen)
-
Interest-Bearing Debt(Billions of yen)
-
Net Assets(Billions of yen)
Cash Flow
-
Cash Flow from
Operating Activities(Billions of yen)
Per Share Data
-
Earnings per Share(Yen)
-
Net Assets per Share(Yen)
Key Management Indecies
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ROE(%)
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Debt/Equity Ratio(Times)
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ROA(%)
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EBITDA(Billion of yen)