Introduction
The Value Creation Story
The Vision of AIDA
Strategies for Achieving Our Vision Governance Financial/Corporate Data
AIDA ENGINEERING, LTD. and Consolidated Subsidiaries Years ended March 31
Millions of yen | % change | |||||||||||||||||||||
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2024 vs 2025 | |||||||||||
Orders, Net Sales, and Income | ||||||||||||||||||||||
Orders | ¥ | 70,256 | ¥ | 75,474 | ¥ | 62,655 | ¥ | 83,143 | ¥ | 75,694 | ¥ | 62,326 | ¥ | 52,708 | ¥ | 78,357 | ¥ | 83,994 | ¥ | 79,105 | ¥ 62,603 | (20.9) |
Net sales | 76,897 | 75,529 | 67,547 | 73,856 | 84,082 | 69,159 | 58,099 | 62,466 | 68,795 | 72,742 | 76,006 | 4.5 | ||||||||||
Cost of sales | 59,650 | 57,544 | 51,761 | 57,926 | 68,851 | 53,966 | 45,747 | 51,574 | 57,168 | 59,086 | 59,965 | 1.5 | ||||||||||
Selling, general and administrative expenses | 9,383 | 9,947 | 9,168 | 9,617 | 9,669 | 9,019 | 8,629 | 8,386 | 10,087 | 10,041 | 10,510 | 4.7 | ||||||||||
Operating income | 7,863 | 8,037 | 6,617 | 6,312 | 5,561 | 6,173 | 3,722 | 2,505 | 1,540 | 3,615 | 5,529 | 53.0 | ||||||||||
Income before income taxes | 8,543 | 8,329 | 6,754 | 6,639 | 5,785 | 6,242 | 2,845 | 1,753 | 1,964 | 4,233 | 6,297 | 48.8 | ||||||||||
Income taxes | 2,337 | 2,546 | 1,769 | 1,810 | 1,092 | 2,143 | 1,492 | 848 | 668 | 1,424 | 1,196 | (16.1) | ||||||||||
Net income attributable to owners of parent | 6,205 | 5,782 | 4,985 | 4,786 | 4,634 | 4,022 | 1,316 | 896 | 1,295 | 2,808 | 5,101 | 81.7 | ||||||||||
Profitability Ratio | ||||||||||||||||||||||
Operating income ratio | 10.2% | 10.6% | 9.8% | 8.5% | 6.6% | 8.9% | 6.4% | 4.0% | 2.2% | 5.0% | 7.3% | - | ||||||||||
Total Assets, Total Net Assets and Interest-Bearing Debt |
Total assets | ¥ | 105,126 | ¥ 100,609 | ¥ 101,683 | ¥ 116,108 | ¥ | 111,564 | ¥ 104,114 | ¥ | 107,787 | ¥ 113,933 | ¥ | 116,287 | ¥ 126,195 | ¥ 122,862 | (2.6) |
Total net assets | 67,254 | 68,758 | 70,834 | 75,924 | 77,206 | 74,840 | 77,505 | 78,664 | 78,043 | 82,321 | 83,637 | 1.6 | ||||
Total interest-bearing debt | 1,891 | 4,663 | 4,470 | 4,111 | 3,991 | 4,491 | 2,797 | 2,594 | 2,082 | 2,969 | 3,120 | 5.1 | ||||
Shareholders' equity ratio | 63.8% | 68.2% | 69.5% | 64.8% | 68.5% | 71.1% | 71.2% | 68.4％ | 67.0% | 65.2% | 68.0% | - |
Capital Expenditures, Depreciation and Amortization and R&D Expenditures |
Capital expenditures | ¥ | 1,958 | ¥ | 4,654 | ¥ | 2,093 | ¥ | 2,434 | ¥ | 2,867 | ¥ | 939 | ¥ | 597 | ¥ | 1,839 | ¥ | 2,801 | ¥ | 1,800 | ¥ 1,146 | (36.3) | |
Depreciation and amortization | 1,712 | 1,995 | 1,961 | 2,061 | 2,142 | 2,146 | 2,048 | 1,833 | 1,847 | 2,021 | 1,960 | (3.0) | |||||||||||
R&D expenditures | 1,345 | 1,237 | 1,197 | 1,036 | 1,067 | 1,140 | 996 | 1,250 | 1,076 | 957 | 1,142 | 19.3 | |||||||||||
Return Indicators | |||||||||||||||||||||||
Return on equity (ROE) | 9.8% | 8.5% | 7.2% | 6.6% | 6.1% | 5.3% | 1.7% | 1.2% | 1.7% | 3.5% | 6.2% | - | |||||||||||
Return on assets (ROA) | 6.3% | 5.6% | 4.9% | 4.4% | 4.1% | 3.7% | 1.2% | 0.8% | 1.1% | 2.3% | 4.1% | - | |||||||||||
Cash Flows | |||||||||||||||||||||||
Cash flows from operating activities | ¥ | 5,100 | ¥ | 6,596 | ¥ | 2,400 | ¥ | 12,714 | ¥ | 2,821 | ¥ | 3,908 | ¥ | 7,263 | ¥ | 5,905 | ¥ | (1,129) | ¥ | 3,169 | ¥ 6,512 | 105.5 | |
Cash flows from investing activities | (1,237) | (5,655) | (3,118) | (3,789) | (1,650) | (1,091) | (1,921) | (2,828) | (1,884) | (1,988) | (1,830) | - | |||||||||||
Free cash flow | 3,863 | 941 | (718) | 8,924 | 1,171 | 2,817 | 5,341 | 3,077 | (3,014) | 1,180 | 4,681 | 296.6 | |||||||||||
Cash flows from financing activities | (2,077) | 915 | (1,954) | (3,668) | (1,956) | (3,377) | (3,770) | (1,533) | (2,166) | (1,125) | (3,758) | - | |||||||||||
Cash and cash equivalents at the end of the year | 29,958 | 29,524 | 25,572 | 31,721 | 30,633 | 28,710 | 31,700 | 35,030 | 30,508 | 32,244 | 32,984 | 2.3 | |||||||||||
Yen | % change | ||||||||||||||||||||||
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2024 vs 2025 | ||||||||||||
Per Share Data | |||||||||||||||||||||||
Net income | ¥ 100.99 | ¥ | 93.78 | ¥ | 80.82 | ¥ | 77.59 | ¥ | 75.10 | ¥ | 66.88 | ¥ | 22.07 | ¥ | 15.02 | ¥ | 21.70 | ¥ | 47.02 | ¥ | 88.47 | 88.2 | |
Cash dividends | 30.00 | 30.00 | 40.00 | 30.00 | 30.00 | 30.00 | 20.00 | 25.00 | 30.00 | 30.00 | 37.00 | 23.3 | |||||||||||
Net assets | 1,088.96 | 1,112.51 | 1,145.74 | 1,219.02 | 1,238.41 | 1,243.15 | 1,285.38 | 1,304.89 | 1,305.47 | 1,376.26 | 1,452.01 | 5.5 | |||||||||||
Stock Information (at Year-End) | |||||||||||||||||||||||
Stock price | ¥ 1,380 | ¥ 978 | ¥ 988 | ¥ 1,286 | ¥ 798 | ¥ 691 | ¥ 994 | ¥ 1,057 | ¥ 817 | ¥ 889 | ¥ 895 | 0.7 | |||||||||||
Market capitalization (millions of yen) | 101,633 | 72,027 | 72,763 | 94,710 | 57,174 | 47,988 | 69,031 | 73,406 | 56,739 | 61,739 | 60,148 | (2.6) | |||||||||||
Number of shares issued (shares) | 73,647,321 | 73,647,321 | 73,647,321 | 73,647,321 | 71,647,321 | 69,448,421 | 69,448,421 | 69,448,421 | 69,448,421 | 69,448,421 | 67,204,621 | (3.2) | |||||||||||
Other Data | |||||||||||||||||||||||
Number of employees | 1,818 | 1,951 | 1,950 | 2,201 | 2,202 | 2,146 | 2,113 | 2,057 | 2,046 | 2,020 | 1,958 | (3.1) | |||||||||||
Note: Amounts presented in the year ended March 31, 2018 were retrospectively reclassified to reflect the changes in "Partial Amendments to Accounting Standard for Tax Effect Accounting."
39 AIDA ENGINEERING, LTD. 2025 Annual Integrated Report 40