Financial Highlights

     Millions of yen

Thousands of U.S. dollars (Note)
2015.122016.122017.122018.122019.122019.12
Net sales ¥134,309 ¥150,406 ¥130,446 ¥124,967 ¥138,982 $1,268,553
Operating income 19,335 38,496 14,050 11,641 17,294 157,853
Net income 14,834 28,065 10,376 9,570 12,254 111,852
Research and development expenses 34,250 31,911 38,443 34,064 36,501 333,156
R&D ratio to net sales (%) 25.5% 21.2% 29.5% 27.3% 26.3% 26.3%
Total assets ¥381,453 ¥398,603 ¥391,757 ¥388,655 ¥410,000 $3,742,242
Net assets 346,176 366,311 363,835 363,613 354,032 3,231,404
Employees 2,477 2,436 2,410 2,416 2,337 2,337

Note:U.S. dollar amounts are translated from yen, for convenience only, at the rate of \111.00=US$1, the approximate exchange rate at December 31,2018

*Due to a change in the fiscal year end from March 31 to December 31, the fiscal year 2014 is the nine-month period from April through December.