Financial Statements

（￥1 million）
	11/2018	11/2019	11/2020	11/2021	11/2022
Assets
Current assets	27,579	27,657	25,496	26,957	30,481
Non-current assets	20,422	19,522	18,201	18,980	19,790
Property, plant and equipment	10,146	9,810	9,565	9,876	10,166
Intangible assets	4,352	3,993	3,651	3,469	3,866
Investments and other assets	5,922	5,717	4,984	5,633	5,757

Total assets	48,011	47,185	43,699	45,938	50,271

Liabilities
Current liabilities	7,926	8,892	6,927	7,507	9,309
Non-current liabilities	7,126	5,568	4,756	4,515	4,278
Total liabilities	15,052	14,460	11,684	12,023	13,587

Net Asset
Total net assets	32,959	32,725	32,015	33,914	36,684
Total liabilities and net assets	48,011	47,185	43,699	45,938	50,271

（￥1 million）
	11/2018	11/2019	11/2020	11/2021	11/2022
Net sales	43,943	45,987	40,727	43,636	48,478
Cost of sales	32,135	33,444	30,153	32,235	35,990
Gross profit	11,807	12,543	10,573	11,401	12,487
Selling, general and administrative expenses	10,082	10,808	9,717	9,781	10,370
Operating profit	1,725	1,734	856	1,619	2,116
Non-operating profit	282	306	332	399	313
Non-operating expenses	217	261	260	185	88
Ordinary profit	1,790	1,779	928	1,834	2,342
Extraordinary income	45	411	16	379	385
Extraordinary losses	65	11	138	91	111
Profit before income taxes	1,770	2,178	806	2,122	2,616
Income taxes - current	575	840	416	771	1,008
Income taxes - deferred	-62	-64	-80	-57	-65
Profit	1,257	1,402	470	1,407	1,674
Profit attributable to non-controlling interests	－	－	－	－	－
Profit attributable to owners of parent	1,257	1,402	470	1,407	1,674

（￥1 million）
	11/2018	11/2019	11/2020	11/2021	11/2022
Cash flows from operating activities	626	3,614	2,462	2,644	850
Cash flows from investing activities	-5,171	110	-16	-401	-135
Cash flows from financing activities	2,303	-2,694	-1,878	-1,380	-1,916
Effect of exchange rate change on cash and cash equivalents	-9	-146	9	106	577
Net increase (decrease) in cash and cash equivalents	-2,250	884	576	968	-623
Cash and cash equivalents at beginning of period	10,776	8,525	9,442	10,052	11,020
Increase in cash and cash equivalents regarding new consolidation	－	－	32	－	－
Decrease in cash and cash equivalents from new consolidated subsidiary	－	－	－	－	－
Cash and cash equivalents at end of period	8,525	9,442	10,052	11,020	10,396

Business Performance & Financial Information