FY2020-Q1First statedAnnual report
「As a result, total assets decreased by ¥9.21 billion from the end of the previous consolidated fiscal year to ¥558.13 billion. Liabilities decreased by ¥6.24 billion to ¥248.49 billion, despite an increase in commercial paper, among other factors, due to bond redemptions and a decrease in accounts payable. Net assets decreased by ¥2.96 billion to ¥309.64 billion, despite the recording of ¥4.15 billion in quarterly net income attributable to owners of the parent, due to decreases in the foreign currency translation adjustment account and the valuation difference on other securities, among other factors. As a result, the equity ratio increased by 0.4 percentage points from 54.2% at the end of the previous consolidated fiscal year to 54.6%.」
At the end of FY2020-Q1, total assets, liabilities and net assets had declined from the end of the previous fiscal year, while the equity ratio had risen from 54.2% to 54.6%.