B/S of Financial Results : Full Year

	＜Consolidated Financial Statements＞
	(1) Consolidated Balance Sheet			(Thousands of yen)
			As of May 31, 2022	As of May 31, 2023
	Assets
	Current assets
	Cash and deposits		2,948,842	3,930,630
	Notes receivable - trade	169,284	69,354
	Electronically recorded monetary claims - operating		809,710	787,647
	Accounts receivable - trade	2,085,961	2,062,920
	Securities		2,779,121	2,992,809
	Merchandise and finished goods	988,157	1,263,847
	Work in process		430,990	577,549
	Raw materials and supplies	1,248,135	1,442,855
	Other		130,847	125,762
	Allowance for doubtful accounts		△1,578	△1,652
	Total current assets		11,589,474	13,251,725
	Non-current assets
	Property, plant and equipment
	Buildings and structures	4,320,743	4,100,386
	Accumulated depreciation		△2,792,058	△2,796,877
	Buildings and structures, net		1,528,684	1,303,508
	Machinery, equipment and vehicles		3,608,922	3,817,013
	Accumulated depreciation		△3,103,303	△3,232,799
	Machinery, equipment and vehicles, net		505,618	584,213
	Land		1,361,274	1,243,073
	Leased assets		8,581	214,700
	Accumulated depreciation		△1,959	△20,311
	Leased assets, net		6,621	194,388
	Construction in progress		61,278	467,189
	Other		1,067,480	1,064,697
	Accumulated depreciation		△952,100	△976,242
	Other, net		115,380	88,455
	Total property, plant and equipment		3,578,858	3,880,829
	Intangible assets
	Other	102,628	79,583
	Total intangible assets		102,628	79,583
	Investments and other assets
	Investment securities		842,332	870,232
	Real estate for investment	2,714,105	2,717,472
	Accumulated depreciation		△850,995	△893,847
	Real estate for investment, net		1,863,109	1,823,624
	Deferred tax assets		280,664	351,538
	Other	255,526	379,543
	Allowance for doubtful accounts		△2,740	△2,879
	Total investments and other assets		3,238,892	3,422,059
	Total non-current assets		6,920,379	7,382,471
	Total assets		18,509,853	20,634,196

				(Thousands of yen)
			As of May 31, 2022	As of May 31, 2023
	Liabilities
	Current liabilities
	Notes and accounts payable - trade		623,496	514,807
	Electronically recorded obligations - operating	685,162	778,214
	Short-term loans payable		244,352	284,340
	Income taxes payable	326,930	451,865
	Provision for bonuses		9,717	18,409
	Lease obligations	4,634	117,382
	Provision for directors' bonuses		25,500	21,900
	Provision for loss on order received	13,754	13,018
	Electronically recorded obligations - facilities		5,170	288,651
	Other	594,944	553,743
	Total current liabilities		2,533,661	3,042,332
	Non-current liabilities
	Long-term loans payable		161,564	342,776
	Lease obligations		－	73,751
	Net defined benefit liability		744,679	736,834
	Other	103,683	106,115
	Total Non-current liabilities		1,009,927	1,259,477
	Total liabilities		3,543,588	4,301,810
	Net assets
	Shareholders' equity
	Capital stock		2,623,347	2,623,347
	Capital surplus	3,092,112	3,092,112
	Retained earnings		9,133,235	10,343,242
	Treasury shares		△634,143	△634,143
	Total shareholders' equity		14,214,552	15,424,559
	Accumulated other comprehensive income
	Valuation difference on available-for-sale securities		238,951	190,021
	Deferred gains or losses on hedges	12,646	－
	Foreign currency translation adjustment		429,701	615,385
	Remeasurements of defined benefit plans		△13,499	12,349
	Total accumulated other comprehensive income		667,799	817,756
	Non-controlling interests		83,913	90,071
	Total net assets		14,966,265	16,332,386
	Total liabilities and net assets		18,509,853	20,634,196