Investor Relations

Financial Data

Financial Report

Financial Highlights

EBARA CORPORATION and Consolidated Subsidiaries
(Fiscal years ended March 31)

Millions of JPY
Thousands
of USD *1
2013
2014
2015
2016 2017
2017
Financial Results:
 Orders
¥428,540
¥512,276
¥487,554
¥491,280 ¥477,956
$4,260,237
 Net sales
426,302
448,658
482,700
486,235 476,105
4,243,738
 Operating income
25,084
32,195
34,567
38,011 29,996
267,367
 Ordinary income 25,663 31,311 36,258 36,472 28,465 253,721
 Profit attributable to owners of parent
15,303
18,974
23,581
17,254 20,588
183,510
 Depreciation and amortization
12,356
12,118
13,039
11,611 13,739
122,462
 Capital expenditures
12,302
18,153
15,847
15,730 22,675
202,111
 R&D expenses
5,026
6,465
6,754
7,633 8,759
78,073
Financial Position:
 Total assets *2
¥504,576
¥530,211
¥570,392
¥579,860 ¥588,458
$5,245,191
 Total net assets
191,786
215,047
247,553
250,445 277,509
2,473,562
 Shareholders’ equity *3, *4
186,883
208,036
239,059
241,017 271,357
2,418,727
 Interest-bearing debt
138,914
119,673
121,501
120,127 96,531
860,424
 Retained earnings 53,886 70,629 91,816 102,446 117,884 1,050,753
Cash Flows:
 Cash flows from operating activities
¥34,014
¥26,615
¥11,296
¥21,528 ¥33,816
$301,417
 Cash flows from investing activities
(33,131)
3,539
(15,894)
(14,343) (18,564)
(165,469)
 Cash flows from financing activities
3,264
(25,337)
(7,045)
(9,655) (15,102)
(134,611)
 Free cash flow
883
30,154
(4,598)
7,185 15,252
135,948
 Cash and cash equivalents (at end of period) 93,791 102,338 95,603 91,185 90,683 808,298
Share Data: *5
 Number of issued shares (1,000 shares)
465,118
465,187
465,644 466,045 101,736
 Cash dividends (yen and U.S. dollars)
5.00
7.50
12.00
12.00 36.00
0.321
 Payout ratio (%) *6 13.9 18.4 23.6 32.3 28.1
Per Share Data (yen and U.S. dollars): *5
 Profit attributable to owners of parent *7 ¥35.93
¥40.86
¥50.77
¥37.12 ¥213.71 $1.905
 Total net assets *7 402.41 448.05 514.38 518.16 2,672.19 23.818
Financial Indicators:
 ROIC (%) *8
4.9
5.8
6.9
4.8 5.6
 ROE (%) *9
9.1
9.6
10.5
7.2 8.0
 Debt/equity ratio (times)
0.74
0.58
0.51
0.50 0.36
 Operating income on sales ratio (%) 5.9 7.2 7.2 7.8 6.3
 Equity ratio (%)
37.0
39.2
41.9
41.6 46.1
 Overseas sales ratio (%)
50.6
52.8
53.6
52.2 52.7
Number of Employees:
 EBARA CORPORATION and consolidated subsidiaries
15,170
15,168
16,030
16,270 16,317
*1 ) The U.S. dollar amounts are included solely for convenience and have been translated as a matter of arithmetical computation only at the rate of ¥112.19=US$1, the rate of exchange prevailing on March 31, 2017.
*2 ) The provisional accounting treatment concerning business combinations implemented in the fiscal year ended March 31, 2016 was finalized in the fiscal year ended March 31, 2017, and the finalized details of the provisional accounting treatment have been reflected in total assets for the fiscal year ended March 31, 2016.
*3 ) Shareholders’ equity: Net assets excluding subscription rights to shares and non-controlling interests
*4 ) The EBARA Group has applied “Accounting Standards for Presentation of Net Assets on the Balance Sheets” (ASBJ Statement No.5, issued on December 9, 2005) and “Guidance on Accounting Standards for Presentation of Net Assets on the Balance Sheets” (ASBJ Guidance No.8, issued on December 9, 2005) from the fiscal year ended March 31, 2007.
*5 ) Ebara Corporation has conducted a consolidation of common shares at a rate of one share for every five shares with an effective date of October 1, 2016.
*6 ) When the annual dividend of ¥36.00 for the fiscal year ended March 31, 2017 (including an interim dividend of ¥6.00) is converted after the consolidation of shares, it is equivalent to ¥60.00 per share, consisting of an interim dividend of ¥30.00 and a year-end dividend of ¥30.00.
*7 ) Profit attributable to owners of parent per share is based on the average number of shares outstanding (excluding treasury stock) during the fiscal year. Total net assets per share is calculated using the number of shares outstanding (excluding treasury stock) as of the end of the fiscal years.
*8 ) ROIC: Profit attributable to owners of parent / (Interest-bearing debt (Average between beginning and end of period) + Shareholders’ equity (Average between beginning and end of period))
*9 ) ROE: Profit attributable to owners of parent /Shareholders’ equity (Average between beginning and end of period)