(English Translation)
March 31, 2025
Consolidated Balance Sheet As of March 31, 2025
Assets
Current assets:
In Thousands of Yen
Cash and deposits | ¥ | 46,871,546 |
Notes and accounts receivable - trade | 16,214,616 | |
Finished goods | 1,904,576 | |
Work in process | 1,172,573 | |
Raw materials and supplies | 4,011,703 | |
Other | 873,430 | |
Total current assets | 71,048,447 |
Non-current assets:
Property, plant and equipment:
Buildings and structures | 6,224,561 |
Machinery, equipment and vehicles | 1,446,491 |
Tools, furniture and fixtures | 168,458 |
Land | 9,648,734 |
Construction in progress | 1,519,142 |
Other | 196,435 |
Total property, plant and equipment | 19,203,823 |
Intangible assets Investments and other assets: | 599,350 |
Investment securities | 5,395,663 |
Retirement benefit asset | 940,995 |
Other | 3,175,773 |
Allowance for doubtful accounts | (5,107) |
Total investments and other assets | 9,507,325 |
Total non-current assets | 29,310,499 |
Total assets | ¥ 100,358,946 |
In Thousands of Yen
Liabilities
Current liabilities:
Notes and accounts payable - trade | ¥ | 9,617,405 |
Income taxes payable | 1,790,996 | |
Provision for bonuses for directors (and other officers) | 26,000 | |
Provision for product warranties | 125,071 | |
Other | 3,053,417 | |
Total current liabilities | 14,612,890 |
Non-current liabilities:
Deferred tax liabilities for land revaluation | 616,302 |
Deferred tax liabilities | 913,396 |
Other | 192,786 |
Total non-current liabilities | 1,722,485 |
Total liabilities | 16,335,376 |
Net assets
Shareholders' equity:
Share capital | 10,425,325 |
Capital surplus | 9,923,342 |
Retained earnings | 59,705,918 |
Treasury shares | (9,231) |
Total shareholders' equity | 80,045,354 |
Accumulated other comprehensive income:
Valuation difference on available-for-sale securities | 3,002,523 | |
Revaluation reserve for land | (1,624,044) | |
Foreign currency translation adjustment | 1,126,307 | |
Remeasurements of defined benefit plans | 1,473,428 | |
Total accumulated other comprehensive income | 3,978,215 | |
Total net assets | 84,023,570 | |
Total liabilities and net assets | ¥ | 100,358,946 |
AICHI CORPORATION
Consolidated Statement of Income
Fiscal Year from April 1, 2024 to March 31, 2025
In Thousands of Yen
Operating revenue:
Net sales ¥ 59,306,955
Operating costs and expenses:
Cost of sales | 46,253,116 | |
Gross profit | 13,053,839 | |
Selling, general and administrative expenses | 5,613,628 | |
Operating profit | 7,440,210 | |
Non-operating income: | ||
Interest and dividend income | 245,325 | |
Share of profit of entities accounted for using equity method | 469,497 | |
Foreign exchange gains | 34,259 | |
Miscellaneous income | 37,136 | |
Non-operating expenses: | 786,219 | |
Miscellaneous losses | 769 | |
769 | ||
Ordinary profit | 8,225,659 | |
Extraordinary income: | ||
Gain on sale of investment securities | 871,100 | |
Extraordinary losses: | 871,100 | |
Loss on retirement of non-current assets | 13,296 | |
Loss on sale of investment securities | 765 | |
Impairment loss | 306 | |
TOB related expenses | 101,570 | |
115,939 | ||
Profit before income taxes | 8,980,820 | |
Income taxes - current | 2,698,799 | |
Income taxes - deferred | (52,624) | |
2,646,174 | ||
Profit | 6,334,645 | |
Profit attributable to owners of parent | ¥ | 6,334,645 |
AICHI CORPORATION
Consolidated Statement of Changes in Equity Fiscal Year from April 1, 2024 to March 31, 2025
(In Thousands of Yen)
Items | Shareholders' equity | ||||
Share capital | Capital surplus | Retained earnings | Treasury shares | Total shareholders' equity | |
Balance at beginning of period | 10,425,325 | 9,923,342 | 56,428,242 | (8,939) | 76,767,970 |
Changes during period | |||||
Dividends of surplus | (3,056,969) | (3,056,969) | |||
Profit attributable to owners of parent | 6,334,645 | 6,334,645 | |||
Purchase of treasury shares | (291) | (291) | |||
Net changes of items other than shareholders' equity | |||||
Total changes during period | - | - | 3,277,676 | (291) | 3,277,384 |
Balance at end of period | 10,425,325 | 9,923,342 | 59,705,918 | (9,231) | 80,045,354 |
Items | Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | Revaluation reserve for land | Foreign currency translation adjustment | |
Balance at beginning of period | 4,025,637 | (1,624,044) | 1,218,929 |
Changes during period | |||
Dividends of surplus | |||
Profit attributable to owners of parent | |||
Purchase of treasury shares | |||
Net changes of items other than shareholders' equity | (1,023,113) | - | (92,621) |
Total changes during period | (1,023,113) | - | (92,621) |
Balance at end of period | 3,002,523 | (1,624,044) | 1,126,307 |
Items | Accumulated other comprehensive income | Total net assets | |
Remeasurements of defined benefit plans | Total accumulated other comprehensive income | ||
Balance at beginning of period | 1,400,570 | 5,021,092 | 81,789,062 |
Changes during period | |||
Dividends of surplus | (3,056,969) | ||
Profit attributable to owners of parent | 6,334,645 | ||
Purchase of treasury shares | (291) | ||
Net changes of items other than shareholders' equity | 72,858 | (1,042,876) | (1,042,876) |
Total changes during period | 72,858 | (1,042,876) | 2,234,507 |
Balance at end of period | 1,473,428 | 3,978,215 | 84,023,570 |