Consolidated Balance Sheets

 
[Unit: Million yen]
End of
Mar.2018
End of
Mar.2019
End of
Mar.2020
End of
Mar.2021
End of
Mar.2022
Current assets
Cash and deposits 70,632 74,311 106,108 126,702 114,469
Notes and accounts receivable—trade 470,110 427,665 473,204 460,436 418,625
Merchandise and finished goods 62,385 68,176 75,042 69,223 78,616
Work in process 326,459 405,087 426,256 452,848 419,954
Raw materials and supplies 115,893 119,558 130,359 136,471 160,113
Deferred tax assets 32,546 - - - -
Other 72,542 45,333 51,176 43,314 109,911
Allowance for doubtful accounts (2,247) (3,792) (3,367) (3,589) (3,908)
Total current assets 1,148,322 1,136,340 1,258,781 1,285,407 1,297,781
Non-current assets
Property, plant and equipment
Buildings and structures, net 186,623 194,939 193,931 172,951 168,409
Machinery, equipment and vehicles, net 144,399 148,620 151,196 142,951 137,217
Land 62,694 62,705 62,183 57,743 58,383
Leased assets, net 2,199 2,148 2,694 10,564 10,815
Construction in progress 25,724 18,227 15,959 16,635 20,224
Other, net 58,155 59,028 56,604 50,413 49,212
Total property, plant and equipment 479,797 485,669 482,570 451,259 444,262
Intangible assets 16,178 16,797 21,358 22,427 23,413
Investments and other assets
Investment securities 14,798 14,501 12,035 12,721 14,539
Retirement benefit asset 88 93 135 155 200
Deferred tax assets 37,086 70,179 70,598 70,452 86,249
Other 92,441 116,696 114,203 122,254 157,668
Allowance for doubtful accounts (3,685) (1,422) (1,838) (1,403) (1,366)
Total investments and other assets 140,730 200,048 195,134 204,180 257,291
Total non-current assets 636,705 702,514 699,063 677,868 724,967
Total assets 1,785,028 1,838,855 1,957,845 1,963,276 2,022,748
Current liabilities
Notes and accounts payable—trade 245,398 247,191 261,159 247,294 239,976
Electronically recorded obligations—operating 117,772 123,083 110,526 107,849 104,336
Short-term loans payable 108,978 100,023 166,188 141,579 96,108
Current portion of bonds 20,000 10,000 20,000 30,000 20,000
Commercial paper - - 30,000 22,000 -
Lease obligations 283 319 1,542 1,061 1,175
Income taxes payable 6,042 10,390 6,116 4,753 8,506
Deferred tax liabilities 244 - - - 1,593
Provision for sales promotion expenses - 4,991 12,174 7,380 8,073
Provision for bonuses 19,903 21,168 22,032 18,239 23,938
Provision for construction warranties 13,000 13,096 14,454 12,550 14,797
Provision for loss on construction contracts 18,258 27,609 11,464 14,263 9,602
Advances received 194,306 181,419 148,610 153,298 256,189
Other 125,454 129,978 155,630 157,283 203,030
Total current liabilities 869,643 864,280 947,726 917,555 987,328
Non-current liabilities
Bonds payable 130,000 140,000 160,000 190,000 180,000
Long-term loans payable 185,685 187,568 188,859 199,177 194,297
Lease obligations 1,697 1,513 873 9,532 9,899
Deferred tax liabilities 8,942 593 796 1,125 1,593
Retirement benefit liability 86,836 97,602 129,846 115,456 106,803
Provision for the in-service issues of commercial aircraft jet engines - 11,468 15,689 5,984 3,054
Other 20,837 43,566 42,491 41,668 41,249
Total non-current liabilities 433,999 482,313 538,556 562,944 536,896
Total liabilities 1,303,642 1,346,593 1,486,283 1,480,500 1,524,225
Net assets
Common stock 104,484 104,484 104,484 104,484 104,484
Capital surplus 54,573 54,542 54,542 54,542 55,526
Retained earnings 308,010 324,606 326,626 306,576 285,381
Treasury stock (124) (130) (133) (136) (1,129)
Total shareholders' equity 466,944 483,502 485,520 465,467 444,262
Accumulated other comprehensive income
Valuation difference on available-for-sale securities 3,526 2,682 1,636 1,955 1,424
Deferred gains or losses on hedges 403 (227) (272) (179) (191)
Foreign currency translation adjustment 719 (4,556) (11,311) (931) 23,585
Remeasurements of defined benefit plans (5,532) (5,014) (19,946) (979) 10,098
Total accumulated other comprehensive income (883) (7,115) (29,892) (134) 34,917
Non-controlling interests 15,324 15,874 15,934 17,442 19,342
Total net assets 481,386 492,261 471,562 482,775 498,522
Total liabilities and net assets 1,785,028 1,838,855 1,957,845 1,963,276 2,022,748

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