Financial Information

Balance Sheets

Consolidated

(thousands of yen)

	2022/12	2023/12
Assets
Current assets
Cash and deposits	34,922,724	33,054,217
Notes and accounts receivable - trade	7,973,007	5,486,144
Work in process	9,969,933	9,199,169
Raw materials and supplies	10,459,880	8,789,521
Other	2,625,341	1,706,906
Allowance for doubtful accounts	-549,643	-603,959
Total current assets	65,401,243	57,631,999
Non-current assets
Property, plant and equipment
Buildings and structures	4,692,230	4,763,462
Accumulated depreciation	-1,111,267	-1,292,808
Buildings and structures, net	3,580,963	3,470,653
Machinery, equipment and vehicles	2,077,028	2,649,134
Accumulated depreciation	-929,453	-1,279,177
Machinery, equipment and vehicles, net	1,147,574	1,369,957
Land	3,539,007	3,605,439
Leased assets	125,271	124,932
Accumulated depreciation	-106,998	-114,812
Leased assets, net	18,272	10,119
Construction in progress	396,323	2,796,514
Other	469,852	529,721
Accumulated depreciation	-316,509	-375,863
Other, net	153,343	153,858
Total property, plant and equipment	8,835,485	11,406,542
Intangible assets
Goodwill	485,482	343,120
Other	55,086	80,506
Total intangible assets	540,569	423,626
Investments and other assets
Investment securities	350,000	350,000
Investments in capital	5,690,765	6,161,169
Deferred tax assets	817,515	873,076
Other	1,280,655	1,644,441
Total investments and other assets	8,138,936	9,028,688
Total non-current assets	17,514,991	20,858,858
Total assets	82,916,234	78,490,857
Liabilities
Current liabilities
Notes and accounts payable - trade	4,785,161	1,283,843
Short-term borrowings	400,000	400,000
Lease liabilities	13,713	3,108
Income taxes payable	1,000,039	523,362
Contract liabilities	19,059,974	14,743,418
Provision for bonuses	432,618	361,599
Provision for bonuses for directors (and other officers)	160,700	-
Provision for product warranties	234,216	345,742
Other	2,313,959	1,435,664
Total current liabilities	28,400,382	19,096,739
Non-current liabilities
Lease liabilities	5,180	7,974
Deferred tax liabilities	1,929,179	2,020,912
Retirement benefit liability	204,722	230,209
Asset retirement obligations	61,761	62,559
Other	156,359	156,591
Total non-current liabilities	2,357,204	2,478,247
Total liabilities	30,757,586	21,574,987
Net assets
Shareholders' equity
Share capital	400,000	400,000
Capital surplus	9,646,360	9,348,189
Retained earnings	38,964,201	41,421,632
Treasury shares	-57,646	-35,798
Total shareholders' equity	48,952,915	51,134,022
Accumulated other comprehensive income
Foreign currency translation adjustment	3,187,970	5,181,664
Total accumulated other comprehensive income	3,187,970	5,181,664
Non-controlling interests	17,761	600,182
Total net assets	52,158,647	56,915,870
Total liabilities and net assets	82,916,234	78,490,857