Manufacture and sale of automatic packaging machines, machine tools, and other machinery
Financial Info Financial
achievements
Principal consolidated financial data
Effective July 1, 2011, O-M Ltd. became a wholly owned subsidiary of Daiwabo Holdings Co., Ltd. through an exchange of shares. In advance, O-M Ltd. stock was delisted from both the Tokyo Stock Exchange and the Osaka Securities Exchange on June 28, 2011.

Future IR information for O-M Ltd. shareholders and investors will be posted on the Daiwabo Holdings website.

Home page of Daiwabo Holdings Co., Ltd. website
To Investor Relations

Principal consolidated financial data

( Unit: million yen )

Financial result transition

  March,‘06 March,‘07 March,‘08 March,‘09 March,‘10
Sales 12,116 13,715 16,635 17,021 11,547
Foreign sales 1,344 1,655 2,133 2,973 1,103
Operating profits 1,539 2,332 3,818 3,955 2,115
Ordinary profits 1,524 2,324 3,800 3,946 2,141
Current term net profit 734 1,274 2,276 2,276 1,068
EBITDA
Net income before taxes and other adjustments + Interest expense + Depreciation expense		 1,453 2,457 4,256 4,303 2,397
Foreign sales ratio (%) 11.1 12.1 12.8 17.5 9.6
Ratio of operating profit to net sales (%) 12.7 17.0 23.0 23.2 18.3
Ratio of ordinary profits to net sales (%) 12.6 16.9 22.8 23.2 18.5
Ratio of current term net profit to net sales (%) 6.1 9.3 13.7 13.4 9.3

Assets, liabilities and capital

  March,‘06 March,‘07 March,‘08 March,‘09 March,‘10
Total assets 15,663 16,421 17,853 18,458 16,640
Equity capital 7,141 8,059 9,860 11,183 11,806
Liabilities with interest 2,965 2,965 1,765 1,765 1,765
Equity ratio（％） 45.6 49.1 55.2 60.0 71.0
Liabilities with interest・Equity ratio (times) 0.42 0.37 0.18 0.16 0.15
Interest coverage ratio (times)
Cash flow by operating activities / Interest expense		 28.2 4.7 79.2 89.0 52.6
Sales to inventories ratio (times)
Sales / Interim average inventory assets		 7.76 7.23 7.64 7.78 6.99
Sales to total assets ratio (times)
Sales / Interim average total assets		 0.83 0.85 0.97 0.94 0.66

Cash flow

  March,‘06 March,‘07 March,‘08 March,‘09 March,‘10
Cash flow by operating activities 1,094 176 3,359 2,846 1,493
Cash flow by investing activities -504 -974 -1,797 -1,121 -1,089
Cash flow by financing activities -94 -169 -1,454 -856 -490

Free cash flow
( Cash flow by operating activities

  - Cash flow by investing activities )

 589 -797 1,561 1,724 404

Capital investment, depreciation, R＆D expenses

  March,‘06 March,‘07 March,‘08 March,‘09 March,‘10
Capital investment 372 1,264 597 810 382
Depreciation 155 250 421 423 482
R＆D expenses 41 88 122 144 217
Ratio of capital investment to sales（％） 3.1 9.2 3.6 4.8 3.3
Ratio of R＆D expenses to sales（％） 0.3 0.6 0.7 0.9 1.9

Other indexes

  March,‘06 March,‘07 March,‘08 March,‘09 March,‘10
Ratio of current term net income to equity capital（％） 11.1 16.8 25.4 21.6 9.3
Ratio of current term net income to total assets （％） 5.0 7.9 13.3 12.5 6.1
Net asset value per share ( yen ) 223.4 250.7 306.7 352.1 371.8
Current term net profit per share ( yen ) 23.1 39.7 70.8 72.6 33.6
Employees 401 387 395 397 367

Stock-related

  March,‘06 March,‘07 March,‘08 March,‘09 March,‘10
Stock price
(Maximum)		 637 700 1,247 1,001 442
Stock price
(Minimum)		 253 396 615 285 231
Stock price
(End of term)		 565 691 755 345 381
Price-earnings ratio
(PER) (times)		 24.4 17.4 10.7 4.8 11.3
Pricebook value ratio
(PBR) (times)		 2.5 2.8 2.5 1.0 1.0
Dividend per share
(yen)		 6.00 8.00 15.00 15.00 10.00
Pay-out ratio（％） 26.0 20.2 21.2 20.7 29.8

Consolidated financial statements

( Unit: million yen )

Consolidated profit and loss statement

  March,‘06 March,‘07 March,‘08 March,‘09 March,‘10
Sales 12,116 13,715 16,635 17,021 11,547
Sales cost 8,668 9,510 10,723 10,898 7,397
Gross profit on sales 3,448 4,204 5,911 6,123 4,149
Selling charge and general administrative cost 1,909 1,871 2,093 2,167 2,034
Operating profits 1,539 2,332 3,818 3,955 2,115
Non-operating revenues 44 46 45 49 79
Non-operating expenses 58 54 63 59 53
Ordinary profits 1,524 2,324 3,800 3,946 2,141
Extraordinary profits - - 31 13 15
Extraordinary losses 265 155 39 111 271
Net income before taxes and other adjustments 1,259 2,169 3,792 3,848 1,885
Corporation tax 525 894 1,516 1,571 817
Current term net profit 734 1,274 2,276 2,276 1,068

Consolidated balance sheet

Assets section March,‘06 March,‘07 March,‘08 March,‘09 March,‘10
Current assets 12,262 12,271 13,999 14,147 12,044
Cash on hand and in banks 5,714 4,798 5,609 6,854 6,768
Bills receivable and trade account receivable 4,514 5,017 5,742 4,796 3,634
Inventory assets 1,703 2,089 2,265 - -
Goods and products - - - 353 176
Goods in process - - - 1,640 958
Raw materials and stored goods - - - 116 60
Deferred tax assets 316 227 374 360 285
Others 22 149 51 43 172
Allowance for uncollectible accounts -9 -10 -44 -17 -11
Fixed assets 3,401 4,150 3,854 4,310 4,596
Tangible fixed assets 1,833 2,909 2,926 3,191 3,066
Intangible fixed assets 39 31 33 33 46
Investment and other assets 1,528 1,209 894 1,085 1,482
Deferred assets - - - - -
Total assets 15,663 16,421 17,853 18,458 16,640
Liabilities and net assets section March,‘06 March,‘07 March,‘08 March,‘09 March,‘10
Current liabilities 6,476 6,816 7,797 7,038 4,586
Notes payable and accounts payable 2,546 2,802 3,085 2,663 1,396
Short-term loans 1,765 1,765 1,765 1,765 1,765
Lease liabilities - - - 13 15
Unpaid corporation tax 552 276 1,375 701 22
Accrued charges 245 197 223 223 277
Reserve for bonus payment 350 402 423 408 273
Liability for service guarantees - - 71 76 103
Others 1,017 1,372 854 1,187 733
Fixed liabilities 2,045 1,545 196 236 247
Corporate bonds 1,200 1,200 - - -
Deferred income tax liabilities 33 139 - - 32
Lease liabilities - - - 42 34
Reserve for retirement allowance 726 - 34 86 131
Allowance for director retirement benefits 80 71 80 69 48
Others 4 134 81 37 -
Total liabilities 8,521 8,362 7,993 7,274 4,833
Capital stock 6,547 7,652 9,667 11,097 11,688
Capital 1,660 1,660 1,660 1,660 1,660
Capital surplus 302 302 302 301 301
Earned surplus 4,732 5,815 7,834 9,610 10,202
Treasury stock -147 -125 -129 -474 -475
Valuation and translation differences 594 407 192 85 118
Marketable securities valuation difference and others differences 591 404 191 88 120
Foreign currency translation adjustment account 2 2 1 -2 -2
Total net assets 7,141 8,059 9,860 11,183 11,806
Sum of liabilities and net assets 15,663 16,421 17,853 18,458 16,640

Consolidated cash flow statements

  March,‘06 March,‘07 March,‘08 March,‘09 March,‘10
Cash flow by operating activities 1,094 176 3,359 2,846 1,493
Cash flow by investing activities -504 -974 -1,797 -1,121 -1,089
Cash flow by financing activities -94 -169 -1,454 -856 -490
Exchange difference of cash and cash equivalents 4 0 -7 -4 0
Changes in cash and cash equivalents 499 -966 99 863 -86
Cash and cash equivalents at beginning of year 4,905 5,404 4,438 4,537 5,401
Cash and cash equivalents at end of year 5,404 4,438 4,537 5,401 5,315
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