Our consolidated financial results and key indicators are shown as below.

FY2014 FY2015 FY2016 FY2017 FY2018
Net sales (Millions of yen) 194,674 223,301 212,469 211,700 220,153
Ordinary income (Millions of yen) 9,221 14,125 12,111 22,117 27,925
Profit (loss) attributable to owners of parent (Millions of yen) (5,327) (16,600) (4,968) 10,712 19,966
Comprehensive income (loss) (Millions of yen) 701 (22,703) (1,894) 13,246 14,968
Net assets (Millions of yen) 138,234 111,340 107,587 118,600 129,827
Total assets (Millions of yen) 319,667 293,138 275,315 297,365 305,471

FY2014 FY2015 FY2016 FY2017 FY2018
Net assets per share (Yen) 1,844.04 1,497.04 1,446.44 1,592.47 1,746.91
Earnings (loss) per share (Yen) (71.94) (226.62) (67.61) 145.77 271.69
Diluted earnings (loss) per share (Yen)
Equity ratio (%) 42.72 37.53 38.61 39.36 42.04
Return on equity (%) (3.88) (13.46) (4.59) 9.59 16.27
Price earnings ratio (Times) 23.29 7.50

FY2014 FY2015 FY2016 FY2017 FY2018
Cash flow from operating activities (Millions of yen) 11,580 19,721 12,023 26,712 1,092
Cash flow from investing activities (Millions of yen) (2,675) (12,135) (13,580) (5,077) (1,334)
Cash flow from financing activities (Millions of yen) (2,964) 4,788 (1,203) (2,457) (3,758)
Cash and cash equivalents at end of the year (Millions of yen) 49,152 61,458 58,671 77,879 73,820

FY2014 FY2015 FY2016 FY2017 FY2018
Number of employees
(temporal employees)
5,225
(987)
5,224
(1,102)
5,239
(1,012)
5,156
(948)
5,174
(776)

(Notes)

  1. Accounting treatment of consumption tax is the tax exclusion method.
  2. Diluted earnings per share in the fiscal year 2017 and 2018 is not shown in the table above since there were no dilutive shares. Those in the fiscal year 2014, 2015 and 2016 are not shown since we had loss per share and there were no dilutive shares.
  3. Share price in the calculation of price earnings ratio is the closing price in Tokyo Stock Exchange 1st Section at the balance sheet date (if no such price is available, the nearest date to the balance sheet date).
  4. Price earnings ratio in the fiscal year 2014, 2015 and 2016 is not shown in the table above since we had loss attributable to owners of parent.
  5. We conducted a 1-for-5 reverse common stock split effective on October 1, 2016. For the sake of simplicity,  net assets per share and profit (loss) per share in the table above are calculated using the number of shares after the reverse stock split.
  6. We changed expressions related to the real estate leasing business at the beginning in the fiscal year 2018. Figures for the fiscal year 2017 is adjusted for the change retrospectively.
  7. We adopted "Partial Amendments to Accounting Standard for Tax Effect Accounting" (ASBJ Statement No. 28, February 16, 2018) at the beginning of the fiscal year 2018. Figures for the fiscal year 2017 is adjusted for the change retrospectively.