負債合計は前期末比494百万円減少の8,831百万円となった。未払法人税等が502百万円増加した一方で有利子負債が229百万円、未払費用が219百万円、契約負債が282百万円、退職給付に係る負債が360百万円それぞれ減少した。また、純資産合計は同2,723百万円増加の32,592百万円となった。親会社株主に帰属する当期純利益3,032百万円の計上と配当金支出803百万円により利益剰余金が2,229百万円増加したほか、保有株式の株価上昇等によりその他の包括利益累計額が443百万円増加した。■Performance trend of E・J Holdings＜2153＞
3. Financial Condition and Management Indicators
As of the end of May 2024, the total assets amounted to 41,423 million yen, an increase of 2,229 million yen compared to the previous period. Looking at the main factors of increase and decrease, current assets decreased by 486 million yen due to a decrease in accounts receivable, while cash and deposits increased by 2,094 million yen. In terms of fixed assets, tangible fixed assets increased by 106 million yen, and intangible fixed assets increased by 313 million yen due to investment in the development of the new core system, and investment securities increased by 157 million yen due to the acquisition of shares in Nissho Planning.
The total liabilities decreased by 494 million yen compared to the previous period, amounting to 8,831 million yen. While corporate income taxes payable increased by 502 million yen, interest-bearing liabilities decreased by 229 million yen, unpaid expenses decreased by 219 million yen, contract liabilities decreased by 282 million yen, and liabilities related to retirement benefits decreased by 360 million yen. Additionally, the total net assets increased by 2,723 million yen to 32,592 million yen. The retained earnings increased by 2,229 million yen due to the recognition of net income attributable to parent company shareholders amounting to 3,032 million yen and dividend payments of 803 million yen, and other comprehensive income accumulated increased by 443 million yen due to the increase in the fair value of held shares.
The self-owned capital ratio, which indicates the safety of management, increased from 76.2% at the end of the previous period to 78.7% as a result of the decrease in liabilities and the increase in self-owned capital. The dependence on interest-bearing debt also decreased from 0.9% to 0.3%, showing a further strengthening of the financial foundation. On the other hand, in terms of profitability, although ROA, ROE, and operating margin of revenue all slightly decreased, they have consistently maintained levels of around 10%. In recent years, the company has actively made IT investments aimed at improving operational efficiency, and the operation of the new core system will begin in May 2025. In addition to replacing the aging in-house developed systems with SAP's ERP system and Salesforce's customer management system, it is expected that the quick decision-making based on improved business efficiency and visualization of management situation through integration with other business systems will be achieved in the medium term.
(Written by FISCO guest analyst, Jo Sato)
