負債合計は前期末比277百万円増加の5,590百万円となった。流動負債で未払法人税等が91百万円、賞与引当金が41百万円それぞれ増加した。純資産合計は同138百万円減少の5,641百万円となった。主に親会社株主に帰属する当期純利益59百万円の計上及び剰余金の配当156百万円により利益剰余金が97百万円減少したほか、為替換算調整勘定が35百万円減少した。■Performance trends of InterSpace <2122>
3. Financial Condition and Management Indicators
At the end of the fiscal year in September 2024, the total Assets increased by 138 million yen compared to the end of the previous period, reaching 11,232 million yen. Looking at the main factors of increase and decrease, current Assets saw an increase of 322 million yen in cash and deposits, while accounts receivable and contract Assets decreased by 9 million yen. In fixed Assets, tangible fixed Assets increased by 10 million yen, while intangible fixed Assets decreased by 83 million yen, and investments and other Assets decreased by 77 million yen. In intangible fixed Assets, goodwill was fully impaired.
Total liabilities increased by 277 million yen compared to the end of the previous period, reaching 5,590 million yen. In current liabilities, corporate taxes payable increased by 91 million yen, and bonus reserves increased by 41 million yen, respectively. Total net Assets decreased by 138 million yen to 5,641 million yen. This was mainly due to the recording of Net income of 59 million yen attributable to parent company Shareholders and the distribution of retained earnings of 156 million yen, which decreased retained earnings by 97 million yen, along with a decrease of 35 million yen in the foreign exchange translation adjustment account.
Looking at the financial Indicators, although the equity ratio decreased slightly to 50.2% from 52.1% at the end of the previous period, the high level of liquidity with cash on hand of 5.9 billion yen indicates a healthy financial situation. Regarding profitability, as previously mentioned, the implementation of prior investments in core businesses has led to a decline in ROA, ROE, and operating margin, but it is expected that starting from September 2025, the effects of these prior investments will begin to manifest and turn upward. Furthermore, the company intends to allocate cash on hand for growth investments including M&A, as well as returning value to Shareholders. For M&A targets, they are considering Media that can expect synergies with existing Broadcasting, and businesses or companies that have products or services suitable for cross-selling in the performance marketing sector.
(Written by FISCO guest analyst, Jo Sato)
