Summary of Financial Statements
Summary of Fiscal Year 2018 (April 1, 2018 through March 31, 2019)
(*)Qualification: This is directly translated into English for the convenience of readers, and all financial results with the accounting principles generally accepted in Japan
( Million yen )
| [Consolidated] | FY2018 | FY2017 |
|---|---|---|
| Net sales | 712,111 | 677,293 |
| Changes from the previous year (%) | 5.1 | - |
| Operating Profit | 21,685 | 23,240 |
| Changes from the previous year (%) | (6.7) | - |
| Ordinary Profit | 25,358 | 24,583 |
| Changes from the previous year (%) | 3.2 | - |
| Profit attributable to owners of parent | 15,379 | 17,234 |
| Changes from the previous year (%) | (10.8) | - |
| Earnings per share | 49.41 | 55.33 |
| Total assets | 477,913 | 482,233 |
| Net assets | 166,158 | 157,106 |
| Dividend | 2nd Quarter 4.0yen 4th Quarter 4.0yen Fiscal Year 8.0yen |
2nd Quarter 4.0yen 4th Quarter 4.0yen Fiscal Year 8.0yen |
The Japanese economy showed continued improvement in capital investment and the employment environment during the consolidated fiscal year under review, despite a downward trend in the improvement of corporate earnings.
In terms of the global economy during the consolidated fiscal period from January to December, the U.S. showed improvement in consumer spending and capital investment amid concerns about the effect of the protectionist government policy in the U.S. and the political situation among EU nations. Europe showed a modest recovery as the unemployment rate continued to decrease and consumer spending continued to increase. Meanwhile, the Chinese economy gradually slowed down.
The Company and its corporate group reflected the severe business environment due to the sharp rise of raw material prices and the death of juveniles in the previous year in the Salmon/Trout business in South America despite strong sales as a whole.
Under these circumstances, the consolidated financial results through the consolidated fiscal year under review were as follows: net sales were 712,111 million yen, up 34,818 million yen year-on-year; operating profit was 21,685 million yen, down 1,555 million yen year-on-year; ordinary profit was 25,358 million yen, up 774 million yen year-on-year; and the profit attributable to the owners of the parent company was 15,379 million yen, down 1,854 million yen year-on-year.
Since Nissui changed the way of converting to Yen from using spot exchange rate as of accounting closing date to average exchange rate during the period regarding income and cost of overseas subsidiaries, comparison between current fiscal year and previous year is conducted by using figures recalculated retrospectively. In addition, from the first quarter of the consolidated fiscal year under review, criteria of distribution of selling, general and administrative expenses has been reviewed in order to understand segment results in more appropriate manner.
The past data should look at IR Library