Consolidated Balance Sheets

(Million yen)
  FY2017 FY2018 FY2019
Assets
Current assets
Cash and deposits 13,268 10,517 13,708
Accounts receivable - trade 15 22 23
Real estate for sale 41,500 51,635 49,887
Real estate for sale in process 114 87 147
Other 1,057 1,067 611
Allowance for doubtful accounts (10) (11) (10)
Total current assets 56,339 63,319 64,367
Non-current assets
Property, plant and equipment
Buildings 1,264 1,295 1,592
Accumulated depreciation (278) (334) (394)
Buildings, net 986 960 1,197
Land 1,326 1,343 1,790
Other 136 148 180
Accumulated depreciation (70) (86) (100)
Other, net 66 61 80
Total property, plant and equipment 2,379 2,366 3,068
Intangible assets
Leasehold right 55 55 55
Other 68 28 28
Total intangible assets 124 83 83
Investments and other assets
Deferred tax assets 177 772 777
Other 156 181 167
Total investments and other assets 334 954 944
Total non-current assets 2,837 3,404 4,096
Deferred assets
Bond issuance cost 35 36 48
Total deferred assets 35 36 48
Total assets 59,212 66,760 68,512
Liabilities
Current liabilities
Accounts payable - trade 523 400 467
Short-term loans payable 4,928 3,213 2,236
Current portion of bonds 530 754 1,154
Current portion of long-term loans payable 4,853 4,142 6,950
Income taxes payable 1,379 1,359 414
Provision for bonuses 72 47 34
Construction warranty reserve 58 49 41
Other 978 567 887
Total current liabilities 13,325 10,532 12,185
Non-current liabilities
Bonds payable 1,760 1,694 3,225
Long-term loans payable 23,969 31,462 29,393
Net defined benefit liability 81 88 89
Other 736 876 777
Total non-current liabilities 26,547 34,121 33,486
Total liabilities 39,872 44,654 45,671
Net assets
Shareholders' equity
Capital stock 2,549 2,552 2,552
Capital surplus 2,472 2,475 2,475
Retained earnings 14,208 16,956 17,914
Treasury shares (0) (223)
Total shareholders' equity 19,230 21,983 22,718
Subscription rights to shares 110 122 122
Total net assets 19,340 22,106 22,840
Total liabilities and net assets 59,212 66,760 68,512
Page Top