Aska Corporation Business Report FY ended Nov. 2014

Financial Overview

(in million JPY)
FY ended Nov. 30, 2014 FY ended Nov. 30,
2013
Rate of Change (%) Factors
Overall
Sales 18,814 19,109 (1.5) -
Operating income 276 336 (17.9) -
Ordinary income 407 569 (28.5) -
Net income 225 289 (22.2) -
Automotive Components Division
Sales 11,899 12,424 (4.2) -Sales decreased year-on-year due to a fall in demand after the consumption tax hike on April 1, 2014.
Operating income (59) 26 -

-

R&D Expenditure

(in million JPY)
FY ended Nov. 30, 2014 FY ended Nov. 30, 2013 FY ended Nov. 30, 2012
Overall 53 58 57
-Automotive Components Division 11 15 15
R&D Personnel 9 10 9

R&D Structure

-Based on its long-term vision to develop innovative technology and products that translate into new areas of business, the R&D focus is set on developing IT related products and derivative technologies, which are secondary to the Company's existing business.

-The Company has established R&D functions at each division, since applications and production methods vary considerably by business segment.

-The Development headquarters is engaged in new products that do not belong to existing product groups.

Recent Developments


-The Company has been working development for a new method for press working.

Capital Expenditure

(in million JPY)
FY ended Nov. 30, 2014 FY ended Nov. 30, 2013 FY ended Nov. 30, 2012
Overall 2,928 1,521 756
-Automotive Components Division 2,366 1,312 612


-In FY ended Nov. 30, 2014, the Company focused its capital investment activities on upgrading its production equipment to improve operational efficiency.

-The Automotive Division has no plans to make any major investment as of Nov. 30, 2014.

Data

Nov. 2014 Nov. 2013 Nov. 2012
Automotive Components Division 215 191 186
Switch Board Division 80 80 83
Robotic System Division 83 67 64
Other 41 37 38
Corporate (in common) 14 13 12
Total 433 388 383

Sales by Segment

(in million JPY)
  FY ended Nov. 30, 2014 FY ended Nov. 30, 2013 FY ended Nov. 30, 2012
Sales Operating income Sales Operating income Sales Operating income
Automotive Components Division 11,899 (59) 12,424 26 13,912 54
Switch Board Division 2,286 105 2,121 35 2,528 118
Robotic System Division 3,430 115 3,421 136 2,544 227
Motor Sports Division 926 60 883 54 370 (13)
Personnel Training Division 271 39 257 67 269 66
Adjustment - 15 - 14 - 9
Total 18,814 276 19,109 336 19,624 462

Consolidated

  FY ended Nov. 30, 2010 FY ended Nov. 30, 2011 FY ended Nov. 30, 2012 FY ended Nov. 30, 2013 FY ended Nov. 30, 2014
Sales (million yen) 18,471 16,228 19,624 19,109 18,814
Income from ordinary business activities (million yen) 487 187 583 569 407
Net income (million yen) 266 73 273 289 225
Comprehensive income (million yen) - 17 426 800 376
Net assets (million yen) 4,291 4,262 4,676 5,397 5,587
Total assets (million yen) 16,793 15,850 17,385 19,034 21,612
Book value per share (yen) 751.56 746.55 819.10 945.30 978.59
EPS (yen) 46.61 12.94 47.93 50.78 39.43
Diluted EPS (yen) - - - - -
Net asset ratio (%) 25.6 26.9 26.9 28.3 25.8
ROE (%) 6.3 1.7 6.1 5.8 4.1
PER 12.44 43.89 12.18 11.46 20.54
Cash flow from operating activity (million yen) 1,535 1,029 1,703 1,484 1,061
Cash flow from investment activity (million yen) (162) (599) (1,567) (1,236) (1,879)
Cash flow from financial activity (million yen) (1,353) (559) 874 (315) 426
Balance at the term-end of cash and cash equivalents (million yen) 498 363 1,391 1,461 1,282
Number of employees 399 378 383 388 433

 

Non Consolidated

  FY ended Nov. 30, 2010 FY ended Nov. 30, 2011 FY ended Nov. 30, 2012 FY ended Nov. 30, 2013 FY ended Nov. 30, 2014
Sales (million yen) 18,126 15,897 18,988 17,977 17,225
Income from ordinary business activities (million yen) 450 151 558 571 491
Net income (million yen) 250 78 277 320 308
Paid-in Capital (million yen) 903 903 903 903 903
Number of stock outstanding (Thousand) 5,715 5,715 5,715 5,715 5,715
Net assets (million yen) 4,158 4,135 4,544 5,233 5,622
Total assets (million yen) 16,634 15,707 16,947 18,496 19,260
Book value per share (yen) 728.40 724.26 795.87 916.53 984.72
Dividend per share (yen) 8.00
(-)
3.00
(-)
10.00
(-)
11.00
(4)
10.00
(3)
EPS (yen) 43.93 13.81 48.55 56.09 54.10
Diluted EPS - - - - -
Net asset ratio (%) 25.0 26.3 26.8 28.3 29.2
ROE (%) 6.3 1.9 6.4 6.6 5.7
PER 13.20 41.13 12.03 10.38 14.97
Payout ratio (%) 18.2 21.7 20.6 19.6 18.5
Number of employees 379 358 345 347 346