Financial Information

Balance Sheets

Consolidated

(thousands of yen)

	2023/12	2024/12
Assets
Current assets
Cash and deposits	33,054,217	32,531,102
Notes and accounts receivable - trade	5,486,144	4,949,938
Work in process	9,199,169	9,314,260
Raw materials and supplies	8,789,521	6,448,506
Other	1,706,906	1,922,379
Allowance for doubtful accounts	-603,959	-594,613
Total current assets	57,631,999	54,571,573
Non-current assets
Property, plant and equipment
Buildings and structures	4,763,462	9,241,125
Accumulated depreciation	-1,292,808	-1,758,923
Buildings and structures, net	3,470,653	7,482,202
Machinery, equipment and vehicles	2,649,134	4,004,222
Accumulated depreciation	-1,279,177	-1,726,366
Machinery, equipment and vehicles, net	1,369,957	2,277,855
Land	3,605,439	4,150,031
Leased assets	124,932	109,079
Accumulated depreciation	-114,812	-83,497
Leased assets, net	10,119	25,582
Construction in progress	2,796,514	50,614
Other	529,721	595,054
Accumulated depreciation	-375,863	-429,000
Other, net	153,858	166,054
Total property, plant and equipment	11,406,542	14,152,339
Intangible assets
Goodwill	343,120	154,351
Other	80,506	56,005
Total intangible assets	423,626	210,357
Investments and other assets
Investment securities	350,000	430,562
Investments in capital	6,161,169	9,043,674
Deferred tax assets	873,076	625,991
Other	1,644,441	2,405,247
Total investments and other assets	9,028,688	12,505,476
Total non-current assets	20,858,858	26,868,173
Total assets	78,490,857	81,439,746
Liabilities
Current liabilities
Notes and accounts payable - trade	1,283,843	1,082,895
Short-term borrowings	400,000	400,000
Lease liabilities	3,108	14,112
Income taxes payable	523,362	770,569
Contract liabilities	14,743,418	9,731,388
Provision for bonuses	361,599	304,330
Provision for product warranties	345,742	214,254
Other	1,435,664	2,248,859
Total current liabilities	19,096,739	14,766,410
Non-current liabilities
Lease liabilities	7,974	12,221
Deferred tax liabilities	2,020,912	2,625,003
Retirement benefit liability	230,209	238,215
Asset retirement obligations	62,559	2,352
Other interest-bearing liabilities	-	4,636,951
Other	156,591	156,767
Total non-current liabilities	2,478,247	7,671,512
Total liabilities	21,574,987	22,437,922
Net assets
Shareholders' equity
Share capital	400,000	400,000
Capital surplus	9,348,189	9,477,663
Retained earnings	41,421,632	44,437,904
Treasury shares	-35,798	-4,335,231
Total shareholders' equity	51,134,022	49,980,336
Accumulated other comprehensive income
Valuation difference on available-for-sale securities	-	698,055
Foreign currency translation adjustment	5,181,664	8,010,497
Total accumulated other comprehensive income	5,181,664	8,708,553
Non-controlling interests	600,182	312,934
Total net assets	56,915,870	59,001,823
Total liabilities and net assets	78,490,857	81,439,746