AnnualReport
Six-Year Summary
| (Millions of yen) |
| 2001 | 2002 | 2003 |
2004 | 2005 | 2006 |
| For the year: |
| Net sales | \126,446 | \128,901 |
\135,640 | \140,498 | \146,679 | \171,036 |
| Sports shoes | 61,715 | 66,054 |
74,263 | 80,199 | 89,168 | 112,742 |
| Sportswear | 44,817 | 43,574 | 42,682 |
42,565 | 41,278 | 41,199 |
| Sports equipment | 19,914 | 19,273 |
18,695 | 17,734 | 16,233 | 17,095 |
| Cost of sales | 81,276 | 82,938 | 86,394 |
87,462 | 88,244 | 98,578 |
| Selling, general and administrative expenses | 42,078 | 42,480 |
43,858 | 45,626 | 48,540 | 56,013 |
| Operating income | 3,092 | 3,483 | 5,388 |
7,410 | 9,895 | 16,444 |
| Income before income taxes and minority interests | 2,127 | 2,934 |
6,197 | 6,743 | 10,753 | 17,366 |
| Net income | 1,740 | 2,123 | 5,169 |
4,622 | 7,006 | 13,806 |
| Capital expenditures | xxxxx | xxxxx | xxxxx |
xxxxx | xxxxx | xxxxx |
| R&D expenses | xxxxx | xxxxx | xxxxx |
xxxxx | 494 | 531 |
| At year-end: |
| Long-term debt | \ 12,722 | \ 13,160 | \ 10,132 |
\ 10,950 | \ 8,359 | \ 7,428 |
| Shareholdersf equity | 43,866 | 45,512 | 49,917 |
54,439 | 58,450 | 74,899 |
| Total assets | 113,914 | 114,741 | 113,062 |
118,339 | 122,588 | 140,614 |
| Per share of common stock (in yen): |
| Net income | \ 8.13 | \ 9.92 | \ 24.10 |
\ 21.80 | \ 34.39 | \ 69.02 |
| Cash dividends | \ | \ | 2.00 |
2.50 | 3.50 | 6.00 |
| Shareholdersf equity | 205.02 | 212.74 | 233.50 |
261.83 | 293.17 | 375.79 |
| Ratio: |
| Operating income ratio (%) | 2.4 | 2.7 | 4.0 |
5.3 | 6.7 | 9.6 |
| Return on assets (ROA) (%) | 1.6 | 1.9 | 4.5 |
4.0 | 5.8 | 10.5 |
| Shareholders' equity ratio (%) | 38.5 | 39.7 |
44.2 | 46.0 | 47.7 | 53.3 |
| Long-term debt/shareholdersf equity (%) | 29.0 | 28.9 |
20.3 | 20.1 | 14.3 | 11.1 |