Financial Information

Financial Highlights

Statistics and graphs of financial information for the last 5 years

Click here for financial information for the last 10 years.(PDF & Excel data)

Operating Results

Operating Results (Graph)

Operating Results

Operating Results

Years Ended March 31	2017		2018		2019		2020		2021
Years Ended March 31	¥B	%	¥B	%	¥B	%	¥B	%	¥B	%
Net Sales	1,135.5	100.0	1,371.8	100.0	1,575.0	100.0	1,534.0	100.0	1,630.2	100.0
Operating Income	201.2	17.7	163.3	11.8	266.8	16.9	253.2	16.5	313.2	19.2
Income before Income Taxes	200.4	17.6	167.8	12.2	267.3	17.0	254.0	16.6	316.4	19.4
Net Income	156.1	13.7	146.1	10.6	206.9	13.1	183.0	11.9	237.1	14.5

Financial Indices

ROE, ROA, ROIC[pre-tax basis] (Graph)

ROE、ROA、ROIC

Financial Indices

Years Ended March 31/ As of March 31	2017	2018	2019	2020	2021
Total Assets (¥B)	1,635.0	1,797.0	2,048.9	2,250.2	2,462.3
Asset Turnover (Times) Net Sales/Average Total Assets	0.72	0.80	0.82	0.71	0.69
Shareholders' Equity (¥B)	1,354.8	1,456.6	1,604.0	1,694.1	1,920.8
Shareholders' Equity Ratio (%) Shareholders' Equity/Total Assets	82.9	81.1	78.3	75.3	78.0
Return on Equity (ROE) (%) Net Income/Average Shareholders' Equity	12.1	10.4	13.5	11.1	13.1
Return on Assets (ROA) (%) Income before Income Taxes/ Average Total Assets	12.7	9.8	13.9	11.8	13.4
Return on Invested Capital (ROIC[pre-tax basis]) (%) Operating Income/Average Invested Capital	21.2	14.4	18.9	16.1	18.5

Sales by Product

Sales by Product (Graph)

Sales by Product

Sales by Product

Years Ended March 31	2017		2018		2019		2020		2021
Years Ended March 31	¥B	%	¥B	%	¥B	%	¥B	%	¥B	%
Capacitors	369.5	32.6	449.8	32.9	574.2	36.5	559.4	36.6	626.5	38.5
Piezoelectric Components	170.0	15.0	152.0	11.1	138.6	8.8	129.3	8.4	129.3	8.0
Other Components	222.3	19.7	322.3	23.6	392.2	25.0	363.0	23.7	387.6	23.8
Total Components	761.8	67.3	924.1	67.6	1.105.0	70.3	1051.7	68.7	1,143.5	70.3
Modules	370.8	32.7	443.9	32.4	466.7	29.7	478.6	31.3	484.1	29.7
Net Sales	1,132.6	100.0	1,368.0	100.0	1,571.7	100.0	1,530.3	100.0	1,627.6	100.0

Notice

Note 1
Exclusive of consumption taxes
Note 1
The figures show the sales by product of electronics components and related products.

Sales by Application

Sales by Application (Graph)

Sales by Application

Sales by Application

Years Ended March 31	2017		2018		2019		2020		2021
Years Ended March 31	¥B	%	¥B	%	¥B	%	¥B	%	¥B	%
AV	46.2	4.1	66.6	4.9	69.5	4.4	61.0	4.0	71.9	4.4
Communications	634.1	56.0	719.6	52.6	760.7	48.4	792.2	51.8	804.9	49.5
Computers and Peripherals	170.1	15.0	202.4	14.8	249.2	15.8	230.5	15.0	291.5	17.9
Automotive Electronics	168.7	14.9	200.2	14.6	257.1	16.4	263.5	17.2	273.2	16.8
Home and Others	113.5	10.0	179.2	13.1	235.2	15.0	183.1	12.0	186.1	11.4
Net Sales	1,132.6	100.0	1,368.0	100.0	1,571.7	100.0	1,530.3	100.0	1,627.6	100.0

Notice

Note 1
Based on our estimate
Note 2
Exclusive of consumption taxes
Note 3
The figures show the sales by application of electronics components and related products.

Sales by Area

Sales by Area (Graph)

Sales by Area

Sales by Area

Years Ended March 31	2017		2018		2019		2020		2021
Years Ended March 31	¥B	%	¥B	%	¥B	%	¥B	%	¥B	%
The Americas	102.6	9.0	153.8	11.2	235.9	15.0	189.6	12.4	170.5	10.5
Europe	83.6	7.4	106.3	7.8	139.8	8.9	132.0	8.6	126.4	7.8
Greater China	647.3	57.2	760.9	55.6	794.3	50.5	810.1	52.9	951.2	58.4
Asia and Others	214.8	19.0	236.2	17.3	259.3	16.5	258.1	16.9	242.1	14.9
Overseas Total	1,048.3	92.6	1,257.2	91.9	1,429.3	90.9	1,389.8	90.8	1,490.1	91.6
Japan	84.2	7.4	110.8	8.1	142.4	9.1	140.5	9.2	137.5	8.4
Net Sales	1,132.6	100.0	1,368.0	100.0	1,571.7	100.0	1,530.3	100.0	1,627.6	100.0

Notice

Note 1
Exclusive of consumption taxes
Note 2
The figures show the sales by area of electronics components and related products.

Capex, Depreciation and Amortization, R&D Expenses

Capital Expenditures (Graph)

Capital Expenditures

Depreciation and Amortization, Ratio of Depreciation and Amortization to Net Sales (Graph)

Depreciation and Amortization, Ratio of Depreciation and Amortization to Net Sales

R&D Expenses, Ratio of R&D Expenses to Net Sales(Graph)

R&D Expenses, Ratio of R&D Expenses to Net Sales

Capex, Depreciation and Amortization, R&D Expenses

Years Ended March 31	2017	2018	2019	2020	2021
Capital Expenditures (¥B)	158.6	306.6	291.6	281.6	196.7
Depreciation and Amortization (¥B)	113.5	141.6	124.4	140.3	143.1
Ratio of Depreciation and Amortization to Net Sales (%)	10.0	10.3	7.9	9.1	8.8
R&D Expenses (¥B)	81.8	94.1	101.6	102.5	101.7
Ratio of R&D Expenses to Net Sales (%)	7.2	6.9	6.5	6.7	6.2

Earnings Forecast (July 29, 2021)

Forecast (Graph)

Forecast

Forecast

Years Ended March 31	2021 Result		2022 Forecast		Change (%)
Years Ended March 31	¥B	%	¥B	%	Change (%)
Net Sales	1,630.2	100.0	1,730.0	100.0	+6.1
Operating Income	313.2	19.2	365.0	21.1	+16.5
Income before Income Taxes	316.4	19.4	367.0	21.2	+16.0
Net Income	237.1	14.5	271.0	15.7	+14.3
Capital Expenditures	196.7	-	170.0	-	(13.6)
Depeciation and Amortization	143.1	8.8	152.0	8.8	+6.2
R&D Expenses	101.7	6.2	108.0	6.2	+6.2
Average Exchange Rate (JPY/USD)	106.06(Yen)	-	109.13(Yen)	-	-
Average Exchange Rate (JPY/EURO)	123.70(Yen)	-	128.98(Yen)	-	-

Projected Sales by Product

Years Ended March 31	2021 Actual (B JPY)	2022 Projections (YoY growth ratio)
Capacitors	626.5	+20%
Piezoelectric Components	129.3	+2%
Other Components	387.6	+16%
Modules	484.1	(19%)
Net Sales	1627.6	+6%

Projected Sales by Application

Years Ended March 31	2021 Actual (B JPY)	2022 Projections (YoY growth ratio)
AV	71.9	+4%
Communication	804.9	(4%)
Computers and Peripherals	291.5	+9%
Automotive Electronics	273.2	+21%
Home and Others	186.1	+23%
Net Sales	1627.6	+6%

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