■Performance Trends of C&G Systems ＜6633＞

2. financial status

As for the financial situation at the end of the fiscal year ending 2024/12, total assets increased 258 million yen from the end of the previous fiscal year to 5,842 million yen, but the main factors were an increase of 22 million yen in cash and deposits, an increase of 145 million yen in notes receivable, accounts receivable, and contract assets (including electronic records receivables), and an increase of 81 million yen in investment and other assets due to an increase in investment securities.

Total liabilities increased by 259 million yen from the end of the previous fiscal year to 2,717 million yen, mainly due to an increase of 49 million yen in unpaid corporate taxes, etc., and an increase of 170 million yen in contract liabilities.

Total net assets decreased by 1 million yen from the end of the previous fiscal year to 3,124 million yen. The main factors for the increase or decrease were a decrease of 96 million yen in retained earnings due to dividends, an increase of 32 million yen in exchange conversion adjustment accounts, and an increase of 43 million yen in other securities valuation differences.

3. Cash flow situation

Cash flow from operating activities for the interim period ending 2024/12 was income of 135 million yen, but the main income was net profit before tax adjustments of 86 million yen, depreciation and amortization expenses of 32 million yen, and an increase of 159 million yen in contract liabilities, and the main expenses were an increase of 142 million yen in sales receivables and a decrease of 10 million yen in unpaid accounts. Cash flow from investment activities was expenditure of 101 million yen, but the main expenses were acquisition of tangible fixed assets of 15 million yen, deposit of time deposit of 65 million yen, and reserve of insurance reserve fund of 30 million yen. Cash flow from financial activities was an expenditure of 107 million yen, but the main expenses were dividend payments of 107 million yen and dividend payments to non-controlling shareholders of 11 million yen.

As a result, cash and cash equivalents during the period decreased by 33 million yen, and the balance at the end of the interim period ending 2024/12 was 2,738 million yen. It can be said that they hold relatively ample cash and deposits compared to the scale of sales.

(Written by FISCO Visiting Analyst Noboru Terashima)