Financial Position

(Millions of Yen)

2018 (IFRS) 2017 (IFRS) 2016 (IFRS)
Current assets 335,506 362,410 340,086
Non-current assets 520,306 558,366 548,863
 Total assets 855,812 920,776 888,949
Liabilities 473,411 533,024 544,211
Equity 382,401 387,752 344,738
 Total liabilities and equity 855,812 920,776 888,949
Interest-bearing debt 260,387 315,554 335,912
Ratio of equity attributable to owners of parent *1 43.70 41.25 38.08
Capital turnover*2 0.73 0.71 0.72
Return on assets*3 4.0 4.4 1.2
Return on equity*4 9.5 11.13 2.82
D/E ratio*5 0.70 0.83 0.99
Net D/E ratio*6 0.61 0.68 0.83

(1) Ratio of equity attributable to owners of parent = Total equity attributable to owners of the parent / Total assets×100
(2) Capital turnover = Sales Revenue / Average* total assets×100
(3) Return on assets = Profit attributable to owners of parent / Average* total assets × 100
(4) Return on equity = Profit attributable to owners of parent / Average* total equity attributable to owners of the parent × 100
(5) Debt-to-equity ratio = Interest-bearing debt / Total equity attributable to owners of the parent
(6) Net debt-to-equity ratio = (Interest-bearing debt - Cash and deposits) / Total equity attributable to owners of the parent
*Simple average of amounts at beginning and end of year