DISCLAIMER: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
May 1, 2025
Company name: Aica Kogyo Company, Limited
Listing: Tokyo Stock Exchange / Nagoya Stock Exchange
Securities code: 4206
URL: https://www.aica.co.jp Representative: Kenji Ebihara, President
Inquiries: Yousuke Mori, General Manager,Financial Management Department Telephone: +81-52-533-3135
Scheduled date of annual general meeting of shareholders: June 24, 2025 Scheduled date to commence dividend payments: June 25, 2025
Scheduled date to file annual securities report: June 25, 2025
Preparation of supplementary material on financial results: Yes
Holding of financial results briefing: Yes (for institutional investors and analysts)
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the fiscal year ended March 31, 2025 (from April 1, 2024 to March 31, 2025)
-
Consolidated operating results (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Fiscal year ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
March 31, 2025
248,696
5.1
27,408
8.4
28,668
9.7
16,896
11.6
March 31, 2024
236,625
(2.2)
25,286
23.0
26,135
18.3
15,135
50.5
Note: Comprehensive income For the fiscal year ended March 31, 2025:
¥27,374 million
[4.6%]
For the fiscal year ended March 31, 2024:
¥26,158 million
[45.9%]
Basic earnings per share
Diluted earnings per share
Return on equity
Ratio of ordinary profit to total assets
Ratio of operating profit to net sales
Fiscal year ended
Yen
Yen
%
%
%
March 31, 2025
266.36
266.28
10.1
10.2
11.0
March 31, 2024
236.60
236.53
9.9
10.0
10.7
Reference: Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended March 31, 2025: ¥157 million
For the fiscal year ended March 31, 2024: ¥93 million
-
Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
Net assets per share
As of
Millions of yen
Millions of yen
%
Yen
March 31, 2025
288,058
189,723
60.2
2,762.12
March 31, 2024
274,739
176,543
58.9
2,529.07
Reference: Equity
As of March 31, 2025: ¥173,372 million
As of March 31, 2024: ¥161,786 million
- Consolidated cash flows
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Cash and cash equivalents at end of period
Fiscal year ended
Millions of yen
Millions of yen
Millions of yen
Millions of yen
March 31, 2025
26,751
(11,121)
(16,790)
62,450
March 31, 2024
28,482
(7,574)
(11,167)
59,637
-
Consolidated operating results (Percentages indicate year-on-year changes.)
-
Cash dividends
Annual dividends per share
Total cash dividends (Total)
Payout ratio (Consolidated)
Ratio of dividends to net assets (Consolidated)
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Millions of yen
%
%
Fiscal year ended
March 31, 2024
-
52.00
-
60.00
112.00
7,170
47.3
4.7
Fiscal year ended March 31, 2025
-
56.00
-
70.00
126.00
7,982
47.3
4.8
Fiscal year ending March 31, 2026 (Forecast)
66.00
70.00
136.00
46.6
Note: The year-end dividend per share for the fiscal year ended March 31, 2025 was changed from ¥66 to ¥70. For details, please refer to the "Notice of Dividend on Surplus (Increase) and Dividend Forecast for the fiscal year ending March 31, 2026" announced today (May 1, 2025).
- Forecast of consolidated financial results for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | |
Six months ending September 30, 2025 | 126,600 | 5.4 | 13,600 | 3.4 | 14,300 | 0.5 | 8,900 | 0.5 | 141.79 |
Fiscal year ending March 31, 2026 | 265,000 | 6.6 | 29,000 | 5.8 | 30,000 | 4.6 | 18,300 | 8.3 | 291.55 |
Significant changes in the scope of consolidation during the period: Yes Newly included: 1 company (ADB Sealant Inc.)
Excluded: 1 company (Wilsonart Australia Ltd)
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Note: For details, please refer to Appendix P.15, "3. Please refer to Consolidated Financial Statements and Major Notes (5) Notes on Consolidated Financial Statements (Notes on Changes in Accounting Policy).
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2025
67,590,664 shares
As of March 31, 2024
67,590,664 shares
Number of treasury shares at the end of the period
As of March 31, 2025
4,822,848 shares
As of March 31, 2024
3,619,653 shares
Average number of shares outstanding during the period
Fiscal year ended March 31, 2025 | 63,434,186 shares |
Fiscal year ended March 31, 2024 | 63,969,116 shares |
Note: The number of treasury shares at the end of the fiscal year includes the Company's shares held by the Stock Benefit Trust (J-ESOP) (46,900 shares in the fiscal year ending March 31, 2025 and 47,100 shares in the fiscal year ending March 31, 2024). In addition, the Company's shares held by the J-ESOP are included in the treasury stock deducted in the calculation of the average number of shares during the period (46,933 shares in the fiscal year ending March 31, 2025 and 47,367 shares in the fiscal year ending March 31, 2024).
[Reference] Overview of non-consolidated financial results 1. Non-consolidated financial results for the fiscal year ended March 31, 2025 (from April 1, 2024 to March 31, 2025)-
Non-consolidated operating results (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit
Fiscal year ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
March 31, 2025
129,514
5.8
17,849
8.9
20,579
4.6
14,875
6.4
March 31, 2024
122,435
3.8
16,394
6.4
19,672
8.1
13,977
33.2
Basic earnings per share
Diluted earnings per share
Fiscal year ended
Yen
Yen
March 31, 2025
234.51
234.44
March 31, 2024
218.50
218.43
- Non-consolidated financial position
Total assets | Net assets | Equity-to-asset ratio | Net assets per share | |
As of | Millions of yen | Millions of yen | % | Yen |
March 31, 2025 | 187,428 | 139,052 | 74.2 | 2,215.04 |
March 31, 2024 | 186,894 | 135,625 | 72.6 | 2,119.81 |
Reference: Equity
As of March 31, 2025: ¥139,033 million
As of March 31, 2024: ¥135,606 million
Financial results reports are exempt from audit conducted by certified public accountants or an audit firm.
Proper use of earnings forecasts, and other special matters
(Cautions on forward-looking statements, etc.)
The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual financial results, etc. may differ substantially due to various factors. Please refer to "(4) Future outlook" of "1. Overview of Operating Results and Others" on page 4 of the attached materials for the conditions that form the assumptions for the forecasts of financial results and cautions concerning the use thereof.
(Method of accessing supplementary material on financial results and contents of the financial results briefing)
The Company plans to hold an earnings briefing for institutional investors and analysts on Monday, May 26, 2025. The video and audio recording of the proceedings will be posted on the Company's website promptly after the meeting, along with the financial results presentation material used on the day.
Consolidated balance sheet(Millions of yen)
As of March 31, 2024 | As of March 31, 2025 | |
Assets | ||
Current assets | ||
Cash and deposits | 62,022 | 59,573 |
Notes receivable - trade | 23,449 | 21,576 |
Accounts receivable - trade | 48,824 | 50,741 |
Merchandise and finished goods | 16,010 | 17,293 |
Work in process | 1,816 | 1,979 |
Raw materials and supplies | 13,897 | 14,613 |
Other | 7,563 | 14,607 |
Allowance for doubtful accounts | (962) | (830) |
Total current assets | 172,621 | 179,554 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures | 50,854 | 55,555 |
Accumulated depreciation and impairment | (33,264) | (35,665) |
Buildings and structures, net | 17,589 | 19,889 |
Machinery, equipment and vehicles | 76,087 | 82,118 |
Accumulated depreciation and impairment | (59,827) | (63,751) |
Machinery, equipment and vehicles, net | 16,259 | 18,367 |
Tools, furniture and fixtures | 14,917 | 15,329 |
Accumulated depreciation and impairment | (12,473) | (12,925) |
Tools, furniture and fixtures, net | 2,444 | 2,404 |
Land | 18,913 | 19,933 |
Leased assets | 8,655 | 9,900 |
Accumulated depreciation | (1,243) | (1,400) |
Leased assets, net | 7,412 | 8,499 |
Construction in progress | 4,386 | 4,925 |
Total property, plant and equipment | 67,006 | 74,019 |
Intangible assets | ||
Goodwill | 2,782 | 2,175 |
Other | 8,653 | 8,218 |
Total intangible assets | 11,436 | 10,393 |
Investments and other assets | ||
Investment securities | 20,288 | 20,750 |
Deferred tax assets | 679 | 823 |
Retirement benefit asset | 985 | 1,012 |
Other | 1,722 | 1,504 |
Allowance for doubtful accounts | (1) | (1) |
Total investments and other assets | 23,675 | 24,090 |
Total non-current assets | 102,117 | 108,503 |
Total assets | 274,739 | 288,058 |
(Millions of yen)
As of March 31, 2024 | As of March 31, 2025 | |
Liabilities | ||
Current liabilities | ||
Notes and accounts payable - trade | 31,447 | 31,342 |
Electronically recorded obligations - operating | 4,516 | 3,813 |
Short-term borrowings | 6,025 | 6,252 |
Income taxes payable | 4,760 | 4,004 |
Accrued consumption taxes | 972 | 583 |
Provision for bonuses | 2,854 | 2,556 |
buy-sell transaction liabilities | 2,333 | 2,331 |
Other | 9,911 | 11,891 |
Total current liabilities | 62,822 | 62,775 |
Non-current liabilities | ||
Convertible-bond-type bonds with share acquisition rights | 18,054 | 18,036 |
Long-term borrowings | 4,465 | 3,919 |
Deferred tax liabilities | 7,460 | 8,103 |
Retirement benefit liability | 1,878 | 2,080 |
Other | 3,514 | 3,420 |
Total non-current liabilities | 35,373 | 35,559 |
Total liabilities | 98,195 | 98,334 |
Net assets | ||
Shareholders' equity | ||
Share capital | 9,891 | 9,891 |
Capital surplus | 8,545 | 7,177 |
Retained earnings | 127,725 | 137,195 |
Treasury shares | (6,129) | (10,115) |
Total shareholders' equity | 140,033 | 144,149 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 7,999 | 7,970 |
Deferred gains or losses on hedges | 3 | (5) |
Foreign currency translation adjustment | 13,470 | 20,965 |
Remeasurements of defined benefit plans | 280 | 292 |
Total accumulated other comprehensive income | 21,753 | 29,223 |
Share acquisition rights | 19 | 19 |
Non-controlling interests | 14,736 | 16,331 |
Total net assets | 176,543 | 189,723 |
Total liabilities and net assets | 274,739 | 288,058 |
(Millions of yen)
Fiscal year ended March 31, 2024 | Fiscal year ended March 31, 2025 | |
Net sales | 236,625 | 248,696 |
Cost of sales | 172,485 | 180,790 |
Gross profit | 64,139 | 67,906 |
Selling, general and administrative expenses | ||
Packing and transportation costs | 8,795 | 9,114 |
Advertising expenses | 2,388 | 2,577 |
Salaries and bonuses | 10,700 | 11,678 |
Provision for bonuses | 1,361 | 1,094 |
Retirement benefit expenses | 394 | 404 |
Welfare expenses | 2,242 | 2,342 |
Depreciation | 2,434 | 2,766 |
Rent expenses | 900 | 934 |
Other | 9,636 | 9,586 |
Total selling, general and administrative expenses | 38,853 | 40,497 |
Operating profit | 25,286 | 27,408 |
Non-operating income | ||
Interest income | 511 | 616 |
Dividend income | 467 | 537 |
Other | 998 | 1,442 |
Total non-operating income | 1,977 | 2,596 |
Non-operating expenses | ||
Interest expenses | 224 | 252 |
Other | 904 | 1,084 |
Total non-operating expenses | 1,128 | 1,336 |
Ordinary profit | 26,135 | 28,668 |
Extraordinary income | ||
Gain on bargain purchase | 644 | - |
Total extraordinary income | 644 | - |
Extraordinary losses | ||
Business restructuring costs | 995 | - |
Impairment losses | - | 1,417 |
Total extraordinary losses | 995 | 1,417 |
Profit before income taxes | 25,784 | 27,250 |
Income taxes - current | 9,060 | 8,350 |
Income taxes - deferred | (24) | 198 |
Total income taxes | 9,035 | 8,548 |
Profit | 16,749 | 18,701 |
Profit attributable to non-controlling interests | 1,614 | 1,805 |
Profit attributable to owners of parent | 15,135 | 16,896 |
(Millions of yen)
Fiscal year ended March 31, 2024 | Fiscal year ended March 31, 2025 | |
Profit | 16,749 | 18,701 |
Other comprehensive income | ||
Valuation difference on available-for-sale securities | 3,729 | (29) |
Deferred gains or losses on hedges | 16 | (8) |
Foreign currency translation adjustment | 5,498 | 8,620 |
Remeasurements of defined benefit plans, net of tax | 283 | 15 |
Share of other comprehensive income of entities accounted for using equity method | (118) | 75 |
Total other comprehensive income | 9,408 | 8,672 |
Comprehensive income | 26,158 | 27,374 |
Comprehensive income attributable to | ||
Comprehensive income attributable to owners of parent | 23,673 | 24,365 |
Comprehensive income attributable to non-controlling interests | 2,484 | 3,009 |
(Millions of yen)
Shareholders' equity | |||||
Share capital | Capital surplus | Retained earnings | Treasury shares | Total shareholders' equity | |
Balance at beginning of period | 9,891 | 8,541 | 119,695 | (6,141) | 131,986 |
Dividends of surplus | (7,105) | (7,105) | |||
Profit attributable to owners of parent | 15,135 | 15,135 | |||
Purchase of treasury shares | (2) | (2) | |||
Disposal of treasury shares | 6 | 7 | 13 | ||
Exercise of share acquisition rights | (1) | 5 | 4 | ||
Disposal of treasury stock by stock benefit trust | 1 | 1 | |||
Change in ownership interest of parent due to transactions with non-controlling interests | - | ||||
Net changes in items other than shareholders' equity | - | ||||
Total changes during period | - | 4 | 8,029 | 12 | 8,046 |
Balance at end of period | 9,891 | 8,545 | 127,725 | (6,129) | 140,033 |
Accumulated other comprehensive income | Share acquisition rights | Non-controlling interests | Total net assets | |||||
Valuation difference on available-for-sale securities | Deferred gains or losses on hedges | Foreign currency translation adjustment | Remeasurements of defined benefit plans | Total accumulated other comprehensive income | ||||
Balance at beginning of period | 4,270 | (12) | 8,962 | (5) | 13,215 | 23 | 12,848 | 158,074 |
Dividends of surplus | - | (7,105) | ||||||
Profit attributable to owners of parent | - | 15,135 | ||||||
Purchase of treasury shares | - | (2) | ||||||
Disposal of treasury shares | - | 13 | ||||||
Exercise of share acquisition rights | - | (4) | 0 | |||||
Disposal of treasury stock by stock benefit trust | - | 1 | ||||||
Change in ownership interest of parent due to transactions with non-controlling interests | - | - | ||||||
Net changes in items other than shareholders' equity | 3,729 | 16 | 4,507 | 285 | 8,538 | 1,888 | 10,426 | |
Total changes during period | 3,729 | 16 | 4,507 | 285 | 8,538 | (4) | 1,888 | 18,469 |
Balance at end of period | 7,999 | 3 | 13,470 | 280 | 21,753 | 19 | 14,736 | 176,543 |
(Millions of yen)
Shareholders' equity | |||||
Share capital | Capital surplus | Retained earnings | Treasury shares | Total shareholders' equity | |
Balance at beginning of period | 9,891 | 8,545 | 127,725 | (6,129) | 140,033 |
Dividends of surplus | (7,426) | (7,426) | |||
Profit attributable to owners of parent | 16,896 | 16,896 | |||
Purchase of treasury shares | (4,000) | (4,000) | |||
Disposal of treasury shares | 13 | 13 | |||
Exercise of share acquisition rights | - | ||||
Disposal of treasury stock by stock benefit trust | 0 | 0 | |||
Change in ownership interest of parent due to transactions with non-controlling interests | (1,368) | (1,368) | |||
Net changes in items other than shareholders' equity | - | ||||
Total changes during period | - | (1,368) | 9,470 | (3,985) | 4,116 |
Balance at end of period | 9,891 | 7,177 | 137,195 | (10,115) | 144,149 |
Accumulated other comprehensive income | Share acquisition rights | Non-controlling interests | Total net assets | |||||
Valuation difference on available-for-sale securities | Deferred gains or losses on hedges | Foreign currency translation adjustment | Remeasurements of defined benefit plans | Total accumulated other comprehensive income | ||||
Balance at beginning of period | 7,999 | 3 | 13,470 | 280 | 21,753 | 19 | 14,736 | 176,543 |
Dividends of surplus | - | (7,426) | ||||||
Profit attributable to owners of parent | - | 16,896 | ||||||
Purchase of treasury shares | - | (4,000) | ||||||
Disposal of treasury shares | - | 13 | ||||||
Exercise of share acquisition rights | - | - | ||||||
Disposal of treasury stock by stock benefit trust | - | 0 | ||||||
Change in ownership interest of parent due to transactions with non-controlling interests | - | (1,368) | ||||||
Net changes in items other than shareholders' equity | (29) | (8) | 7,494 | 12 | 7,469 | - | 1,594 | 9,063 |
Total changes during period | (29) | (8) | 7,494 | 12 | 7,469 | - | 1,594 | 13,180 |
Balance at end of period | 7,970 | (5) | 20,965 | 292 | 29,223 | 19 | 16,331 | 189,723 |
(Millions of yen)
Fiscal year ended March 31, 2024 | Fiscal year ended March 31, 2025 | |
Cash flows from operating activities | ||
Profit before income taxes | 25,784 | 27,250 |
Depreciation | 7,070 | 8,122 |
Gain on bargain purchase | (644) | - |
Business restructuring costs | 995 | - |
Increase (decrease) in allowance for doubtful accounts | (23) | (174) |
Increase (decrease) in provision for bonuses | 670 | (358) |
Increase (decrease) in retirement benefit liability | 124 | 165 |
Interest and dividend income | (978) | (1,154) |
Interest expenses | 224 | 252 |
Impairment losses | - | 1,417 |
Decrease (increase) in trade receivables | (717) | 1,787 |
Decrease (increase) in inventories | 1,432 | (909) |
Decrease (increase) in other current assets | 57 | (103) |
Increase (decrease) in trade payables | (393) | (2,050) |
Increase (decrease) in other current liabilities | 1,500 | 731 |
Other, net | 1,080 | 64 |
Subtotal | 36,182 | 35,042 |
Interest and dividends received | 1,046 | 1,231 |
Interest paid | (205) | (216) |
Income taxes paid | (8,540) | (9,305) |
Net cash provided by (used in) operating activities | 28,482 | 26,751 |
(Millions of yen)
Fiscal year ended March 31, 2024 | Fiscal year ended March 31, 2025 | |
Cash flows from investing activities | ||
Payments into time deposits | (71) | (539) |
Proceeds from withdrawal of time deposits | 967 | 112 |
Purchase of property, plant and equipment | (8,475) | (8,265) |
Purchase of intangible assets | (636) | (697) |
Purchase of securities | (1,999) | - |
Proceeds from sale of securities | 2,399 | - |
Purchase of investment securities | (218) | (1,006) |
Proceeds from sale of investment securities | 1 | 915 |
Purchase of shares of subsidiaries resulting in change in scope of consolidation | (266) | (1,457) |
Proceeds from purchase of shares of subsidiaries resulting in change in scope of consolidation | 265 | - |
Other, net | 460 | (181) |
Net cash provided by (used in) investing activities | (7,574) | (11,121) |
Cash flows from financing activities | ||
Net increase (decrease) in short-term borrowings | (1,685) | (81) |
Repayments of long-term borrowings | (1,670) | (1,498) |
Proceeds from long-term borrowings | 1,131 | 475 |
Dividends paid | (7,105) | (7,428) |
Dividends paid to non-controlling interests | (1,405) | (1,695) |
Repayments of lease liabilities | (427) | (428) |
Purchase of shares of subsidiaries not resulting in change in scope of consolidation | - | (2,132) |
Purchase of treasury shares | (2) | (4,000) |
Other, net | (1) | (1) |
Net cash provided by (used in) financing activities | (11,167) | (16,790) |
Effect of exchange rate change on cash and cash equivalents | 1,953 | 3,973 |
Net increase (decrease) in cash and cash equivalents | 11,693 | 2,812 |
Cash and cash equivalents at beginning of period | 47,943 | 59,637 |
Cash and cash equivalents at end of period | 59,637 | 62,450 |
(Notes on segment information, etc.)
1 Overview of Reporting Segments
The Group's reporting segments are those of the Company's constituent units for which segregated financial information is available and are subject to periodic review by the Board of Directors in order to determine the allocation of management resources and evaluate business performance.
The Group is comprised of two segments, "Chemicals" and "Building Materials," based on product type and sales market, and formulates comprehensive strategies for each business in Japan and overseas to develop business activities.
Key products by reporting segments include:
Chemical products: Exterior and interior finish coating materials, coated flooring materials, various adhesives, organic fine particles, etc. Building materials melamine veneer, decorative plywood, indoor doors, interior building materials,
Countertops, storage doors, non-combustible decorative materials, extruded cement boards, etc.
Method of calculating the amount of sales, profits or losses, assets, liabilities, and other items for each reporting segment
Internal sales or transfers between segments are based on prices with the addition of profits in accordance with internal rules.
Information on the amount of sales, profits or losses, assets, liabilities, and other items for each reporting segment The previous fiscal year (April 1, 2023 to March 31, 2024)
(in millions of yen) | |||||
Reportable segments | Adjustment amount (Note) 1 (Note) 3 | Amount recorded in consolidated financial statements (Note)2 | |||
Chemical Products | Construction and Housing Materials | Total | |||
Sales | |||||
Revenues from external customers | 130,300 | 106,325 | 236,625 | - | 236,625 |
Transactions with other segments | 3,984 | 4 | 3,989 | (3,989) | - |
Total | 134,284 | 106,329 | 240,614 | (3,989) | 236,625 |
Segment Profit | 9,280 | 20,339 | 29,620 | (4,333) | 25,286 |
Segment Assets | 128,677 | 114,096 | 242,774 | 31,965 | 274,739 |
Other items | |||||
Depreciation | 3,967 | 2,577 | 6,545 | 495 | 7,041 |
Increase in property, plant and equipment and intangible assets | 5,628 | 3,293 | 8,922 | 657 | 9,579 |
The current fiscal year (April 1, 2024 to March 31, 2025)
(in millions of yen) | |||||
Reportable segments | Adjustment amount (Note) 1 (Note) 3 | Amount recorded in consolidated financial statements (Note)2 | |||
Chemical Products | Construction and Housing Materials | Total | |||
Sales | |||||
Revenues from external customers | 138,587 | 110,109 | 248,696 | - | 248,696 |
Transactions with other segments | 3,820 | 2 | 3,822 | (3,822) | - |
Total | 142,408 | 110,111 | 252,519 | (3,822) | 248,696 |
Segment Profit | 9,331 | 22,535 | 31,867 | (4,458) | 27,408 |
Segment Assets | 137,448 | 118,764 | 256,213 | 31,844 | 288,058 |
Other items | |||||
Depreciation | 4,544 | 3,046 | 7,591 | 530 | 8,122 |
Increase in property, plant and equipment and intangible assets | 5,821 | 3,406 | 9,227 | 816 | 10,044 |
Note: 1The adjustments for segment profit in the previous consolidated fiscal year and the current consolidated fiscal year include (4,333) million yen and (4,446) million yen in company-wide expenses that are not allocated to each reporting segment, respectively. Company-wide expenses are mainly expenses related to general administrative departments (human resources, general affairs, accounting departments, etc.) that are not attributable to the reporting segment.
2 Segment profit is adjusted to operating income in the consolidated statements of income.
3 Adjustments of 31,965 million yen and 31,844 million yen in segment assets for the previous consolidated fiscal year and the current consolidated fiscal year include 31,965
million yen and 31,844 million yen in company-wide assets that have not been allocated to each reporting segment, respectively. Company-wide assets include cash and deposits, marketable securities, investment securities, and assets related to general and administrative divisions (human resources, general affairs, accounting divisions, etc.) that do not
attributable to segments.