Analysis of Financial Position
1. Assets

Total assets were 405,977 million yen, an increase of 32,268 million yen from the end of the previous consolidated fiscal year. The main increases were in merchandise and finished goods, an increase of 9,865 million yen; raw materials and stores, an increase of 8,797 million yen; machinery, equipment and vehicles, net, an increase of 5,547 million yen; buildings and structures, net, an increase of 4,146 million yen; other in investments and other assets, an increase of 4,106 million yen; notes and accounts receivable-trade, an increase of 3,867 million yen; and electronically recorded monetary claims-operating, an increase of 3,087 million yen. The main decreases were in cash and deposits, a decrease of 4,636 million yen; and investment securities, a decrease of 3,265 million yen.

2. Liabilities

Liabilities were 131,889 million yen, an increase of 26,701 million yen compared to the end of the previous consolidated fiscal year. The main increases were in notes and accounts payable-trade, an increase of 10,739 million yen; long-term loans payable, an increase of 7,390 million yen; short-term loans payable, an increase of 3,801 million yen; and income taxes payable, an increase of 3,154 million yen.

3. Net assets

Net assets were 274,087 million yen, an increase of 5,567 million yen compared to the end of the previous consolidated fiscal year. The main increase was in translation adjustments, an increase of 12,935 million yen. The main decrease was in treasury stock, a decrease of 7,038 million yen.