fact book 2011 - alpengroup · 05 fact book 2011 fact book 2011 06 financial statements...

11 FACT BOOK 2011

FACT BOOK2011Year ended June 30, 2011

Financial Statements (Non-consolidated)

Statements of Income (Non-consolidated)

Million yen

Net salesCost of salesGross profitSelling, general and administrative expenses

Advertising and promotion expensesTransport costsCharge for salesEmployees’ salaries and bonusesWelfare expensesRetirement benefit expensesProvision for allowance for accrued bonusesProvision for allowance for retirement benefits

for directors and corporate auditorsRental costsWarehousing costsDepreciationHeat, light and waterCommissions paid Provision for allowance for doubtful accountsProvision for accrued bonuses for directors and

corporate auditorsOthers

Operating incomeOther income

Interests income Dividend incomeRent incomeOthers

Other expensesInterests expensesRent expensesOthers

Ordinary incomeExtraordinary income

Gain on sales of fixed assetsGain on redemption of guarantee deposits receivedGain on forfeitReversal of allowance for doubtful accountsReversal of allowance for loss on turnaroundGain on return of substitutional part of

Employee's Pension Fund

OthersExtraordinary losses

Loss on sales/disposal of fixed assetsLoss on revaluation of securities of affiliated companiesProvision for allowance for doubtful accountsImpairment loss on fixed assets

2010/6186,283109,949

76,33470,543

5,927

21,682

262

18,708

3,863

19,3435,7914,654

1,7762,001

8751,479

1,313166

8,96576

399

3,997

3,233

2009/6187,230110,378

76,85270,941

5,797

21,389

24118

19,462

3,925

25

19,3945,9112,913

1,9041,0091,659

1961,437

257,165

92

5036

6

3,215

2,891

2008/6183,537107,235

76,30168,948

4,1961,8551,490

20,3803,173

440235

18

19,2713,1683,7693,062

335

25

7,5257,3532,871

276

1,936658

1,726246

1,46811

8,4983,517

243

150143

3,178

2,29113

909

963

2007/6169,473100,450

69,02262,726

3,9741,7211,338

18,7832,809

743243

18

16,5112,9583,1332,654

8242123

6,9666,2963,008

282

Reversal of allowance for loss on subleases 22

2,035691

1,953298

1,60252

7,3512,3262,178

147

43,6931,746

1791,114

Provision for allowance for loss on subleasesProvision for allowance for loss on business rehabilitation

656151506

Loss on cancellation of shares due toabsorption of a subsidiary

752抱合せ株式消滅差損

OthersIncome before income taxes and other adjustmentsIncome taxes-currentIncome taxes-past fiscal yearsIncome taxes-deferredTotal income taxesNet income

125,0452,894

1,2071,6863,358

2584,0423,108

430972

1,7042,337

1799,7243,074

1,0084,0825,641

965,9842,296

2472,0493,935

転貸損失引当金戻入

2011/6189,052108,572

80,47972,482

5,816

21,902

527

18,613

4,427

20,3867,9972,528

1,634893

1,409

1,266142

9,116106

2512

3,155

1,696

1

216,0674,128

1,0523,0752,992

685 754 809

66

災害による損失 Loss on disaster

資産除去債務会計基準適用時影響額 Loss on adjustments for change of accounting methodfor asset retirement obligations

628

808

01 FACT BOOK 2011 FACT BOOK 2011 02

Financial Highlights (Consolidated)

①売上高 Net sales（百万円／Million yen ／円万百（） Million yen ／円万百（） Million yen ／円万百（） Million yen ／円万百（） Million yen）

（百万円／Million yen ／円万百（） Million yen））%（）%（

0

50,000

100,000

150,000

200,000

②売上総利益 Gross profit

0

25,000

50,000

75,000

100,000

③営業利益 Operating income

0

3,000

6,000

9,000

12,000

15,000

④経常利益 Ordinary income

0

3,000

6,000

9,000

12,000

15,000

⑥総資産 Total assets

0

50,000

100,000

150,000

200,000

⑦純資産 Net assets

0

20,000

40,000

60,000

80,000

100,000

⑧総資産経常利益率 ROA

2011/60

2

4

6

8

10

⑨自己資本当期純利益率 ROE

2009/6 2011/62007/6 2008/60

2

4

6

8

10

⑤当期純利益 Net income

0

2,000

4,000

6,000

8,000

2010/6

188,666189,726

2011/6

8,1437,909

2011/6

8,9768,672

2011/6

149,448148,784

2011/6

92,99591,519

2010/6

2011/6

2,7283,696

2011/6

82,23182,922

6.7 7.0

4.13.0

2007/6 2008/6

173,212

2009/6

186,595

2007/6 2008/6 2009/6

75,062

2010/6

82,464

2007/6 2009/6

155,991

2010/6

151,398

2008/6

156,984

2007/6 2009/6

84,283

2010/6

89,076

2008/6

2007/6 2009/62008/6

6,678

2010/6

8,47210,461

2007/6 2009/62008/6

9,139

2010/6

8,737

11,261

2007/6 2009/6

5,545

2010/6

6,029

2008/6

4,163

2007/6 2009/6 2010/62008/6

5.85.8 5.7

Million yen

Net salesGross profitOperating incomeOrdinary incomeNet incomeTotal assetsNet assets

% Return on assets (ROA) (%)

% Return on equity (ROE) (%)

1 ROA2 ROE

Notes: 1. ROA is computed using average of the beginning and year-end total assets. 2. ROE is computed using average of the beginning and year-end net assets.

2007/6 2010/6188,66682,2318,1438,9762,728

149,44892,995

6.03.0

189,72682,9227,9098,6723,696

148,78491,519

5.84.1

2008/6173,21275,0626,6789,1395,545

155,99184,283

5.86.7

Million yen

Winter sporting goods sales

Golf goods sales

General sporting goods sales

Others

Total

2010/617,54669,45899,0122,649

188,666

Net sales by segment (Consolidated)

ウィンタ－Winter sporting goods sales9.3%

ゴルフGolf goods sales34.5%

一般スポ－ツGeneral sporting goods sales54.8%

その他Others1.4%

Million yen

Alpen5 Golf5

Sports DepoOthersTotal

2010/627,56768,26788,964

3,868188,666

2007/634,50664,49066,4447,770

173,212

2009/629,28468,76487,4584,218

189,726

2008/632,53171,83177,0055,227

186,595

Net sales by store type (Consolidated)

アルペンAlpen14.8%

ゴルフ５Golf534.0%

スポ－ツデポSports Depo49.1%

その他Others2.1%

2009/6186,59582,4648,4728,7376,029

151,39889,076

5.77.0

2009/619,25770,25697,1073,105

189,726

2007/620,60366,76079,1036,745

173,212

2008/621,62573,63787,1354,197

186,595

ROE Return on Eguity

2011/6

6.0

2011/6

189,80585,174

95,924

7.2

4.3

2011/6189,80585,17410,46111,2614,163

156,98495,924

7.24.3

2011/617,56665,552

104,1112,575

189,805

2011/628,15164,46393,194

3,994189,805

2011/6

Notes and accounts payable

Current portion of long-term debtCurrent portion of bonds payable

Allowance for bonuses for employeesAllowance for bonuses for directors and corporate

Allowance for point services

Reserve for employee retirement benefitsAllowance for retirement and severance benefits fordirectors and corporate auditorsAllowance for loss on subleasesGuarantee money deposits received

Common stock for treasury

Valuation and translation adjustmentsNet unrealized holding gain on available-for-sale

Profit and loss of deferral hedge accountingForeign currency translation

Total valuation and translation adjustments

Total liabilities and net assets


Financial Statements (Consolidated)

Balance Sheets (Consolidated)

Million yen

AssetsCurrent assets

Cash and bank depositNotes and accounts receivableInventoriesInventories Deferred tax assetsOthersAllowance for doubtful accounts

Total current assetsFixed assets

Property, plant and equipmentBuildings and structures Machinery, equipment and vehiclesTools and fixturesLandLease assetsリース資産

受取手形及び売掛金

Golf coursesConstruction in progressOthers

Total property, plant and equipmentIntangible assetsInvestment and other assets

Investment securitiesGuarantee money depositsDeferred tax assetsFixed assets for rentLong-term depositsOthersAllowance for doubtful accounts

Total investments and other assetsTotal fixed assetsTotal assets

2010/6

18,2654,095

43,3582,0203,942

71,672

25,762

9,8412,331

2,28640,223

1,442

23,7314,227

8,269

36,11077,775

149,448

2007/6

18,8974,354

42,436

1,6762,887

1570,236

25,340850930

12,149

2009/6

13,6404,020

45,3531,9003,225

23 968,117

28,653

11,274

2008/6

11,1383,815

46,813

リース債務

1,5293,868

2367,141

30,885612954

11,780

1,4473,983

10944,812

817

66226,281

3,1863,0482,6004,707

36140,12585,755

155,991

3,15443,082

1,134

24,3583,023

9,190122 118

36,45080,667

148,784

72384

10645,147

1,313

61925,974

2,0013,1352,7003,492

12837,79584,256

151,398

Million yen

LiabilitiesCurrent liabilities

Short-term bank loans11

Other accounts payablesIncome tax payable

auditors

Notes payable for facilitiesDeferred tax liabilities Others

Total current liabilitiesLong-term liabilities

Bonds payableLong-term debt

AllowanceDeferred tax liabilities Others

Total long-term liabilitiesTotal liabilities

Lease obligations

Net assetsShareholders’ equity

Common stockCapital surplusRetained earnings

Total Shareholders’ equity

securities

Total net assets

2010/6

27,107

9,3031,520

1,932

5,02644,891

2,600

1,698

5,35711,56056,452

1,905

15,16321,66356,302

093,129

10

5138133

92,995

149,448

2007/6

29,274

4,7531,4008,349

995286

23

1,8372,750

322,825

52,529

2,8006,492

2009/6

26,572

8,8042,315

1,843

6,28745,823

2,961

2008/6

27,6744,0003,1531,1008,8412,501

27225

1,909648

772,005

52,209

1,7003,339

3,763542

1734,979

20407

19,17871,707

1,708

6,77311,44257,265

902560

1443,295

13156

10,11162,321

15,16321,66347,492

084,319

55

28835

84,283

155,991

15,16321,66354,789

091,616

17

1112

9691,519

148,784

15,16321,66352,307

089,134

34

2011357

89,076

151,398

2011/6

24,5004,489

41,0272,4233,770

76,201

25,742

9,5294,183

2,15041,606

1,459

22,9814,860

9,990

37,71680,782

156,984

10

116

2011/6

28,548

9,2523,663

1,621

5,04248,129

2,000

1,670

5,89312,92961,059

3,366

15,16321,66359,251

096,077

13

1168153

95,924

156,984

株主資本

株主資本合計評価・換算差額等

評価・換算差額等合計

ncome before income taxes and minority in earnings of affiliates

Amortization of long-term prepaid expensesIncrease (decrease) in allowance for doubtful accountsIncrease (decrease) in allowance for point servicesncrease (decrease) in allowance for retirement benefits for employeesIncrease (decrease) in allowance for retirement benefits

Offset of house rental and other guarantee money deposits paid

Increase (decrease) in accrued consumption tax

Payments for purchase of investment securities

Payments for purchase of property, plant and equipmentProceeds from sales of property, plant and equipmentPayments for purchase of intangible assetsPayments for long-term prepaid expensesPayments for fixed guarantee money depositsCollection for fixed guarantee money deposits

Increase (decrease) in short-term bank loans

Redemption of guarantee money deposits received

Effect of exchange rate changes on cash and cash equivalentsNet increase (decrease) in cash and cash equivalentsNet increase (decrease) in cash and cash equivalents

Cash and cash equivalents at beginning of the yearCash and cash equivalents at end of the year


Financial Statements (Consolidated)

Statements of Income (Consolidated)

Million yen

Net salesCost of salesGross profitSelling, general and administrative expenses

Advertising and promotion expensesEmployees’ salaries and bonusesWelfare expensesRetirement benefit expensesProvision for accrued bonusesProvision for allowance for retirement benefits

for directors and corporate auditorsRent expensesDepreciationProvision for allowance for doubtful accountsOthers

Operating incomeOther income

Interests income

OthersOther expenses

Interests expensesRent expensesLoss on revaluation of derivatives

OthersOrdinary incomeExtraordinary income

Revised gain from the previous fiscal yearGain on sales of fixed assetsGain on redemption of guarantee deposits receivedGain on forfeit

Rent incomeGain on revaluation of derivativesExchange gainCommission income受取手数料

Reversal of allowance for doubtful accounts貸倒引当金戻入Reversal of allowance for loss on subleases転貸損失引当金戻入Gain on return of substitutional part of

Employee's Pension FundGain on sales of the stocks of affiliatesOthers

Extraordinary lossesLoss on sales/disposal of fixed assetsImpairment loss on fixed assetsProvision for allowance for loss on subleasesLoss on timing differential on change of accounting methodfor retirement benefit expenses

OthersIncome before income taxes and other adjustmentsIncome taxes-currentIncome taxes-past fiscal yearsIncome taxes-deferredTotal income taxes

Net income

2010/6188,666106,435

82,23174,088

23,880

761290

19,688

29,4668,1431,809

233

443975130531188

1248,976

88

399

929

202

1622

03,937

3,924

125,1283,709

1,3082,400

2,728

2007/6173,212

98,15075,06268,383

6,56021,799

3,302755286

18

17,7363,466

3614,423

6,6783,588

280

6541,127

305757

639,1392,373

2,180192

2009/6188,726106,804

82,92275,013

23,613

697278

20,516

29,9067,9092,089

266

8121,326

194603500

278,672

11318

5036

2008/6186,595104,131

82,46473,991

6,42522,785

3,559472257

18

20,4414,103

15,9278,4722,247

2831,148

991512

1,0091,051

231

6801,982

253627

1,063

378,7373,664

3207

03,180

83,101

3,178

149126

1,6971,7641,143

51

2218,3323,350

5622,788

5,545

2,891

2105,6843,815

4091,4181,987

3,696

191,272

61163

18010,704

3,301

1,3744,675

6,029

Consolidated Statements of Cash Flow

Million yen

Operating activitiesIDepreciation and amortization

I

for directors and corporate auditors

Interests and dividend incomeinterests expensesLoss (gain) on revaluation of derivativesLoss on sales/disposal of fixed assetsGain on sales of fixed assetsImpairment loss of fixed assets

Gain on forfeit

(Increase) decrease in receivables(Increase) decrease in inventoriesIncrease (decrease) in payables

OthersSubtotal

Interests and dividends receivedInterests paidProceeds from refund of income taxesIncome taxes paid

Net cash provided by operating activitiesInvesting activities

Decrease in time depositsProceeds from time deposits

OthersNet cash used in investing activitiesFinancing activities

Proceeds from long-term bank loansRepayment of long-term debtRedemption of bonds payable

Repayment of lease obligationsDividends paidOthers

Net cash used in financing activities

by the capital range change

2010/6

5,1284,195

1789

1,333235130188

3,924

399

742,014

597

86917,537

33127

31

12,856

1,1001,300

1444

261,150

26227

1,000

518275

4,749

13,63418,384

2007/6

8,3323,547

236168420264

18

1,832281305991

1,7642,1801,143

192

369174

2,454233268

16,33362

30239

7,3098,823

700500508

9,3706,182

199287

4,279818

237,819

3006,4151,400

441

1,81830 23

9,80523

8,777148

27,675

2009/6

5,6844,320

666

1,619268194500

2,891

5036

2051,2092,083

911466

15,08249

198844

4,034 4,61811,743

200233

1,876 2,8843

96125347439

141,984 4,070

4,0002,0003,303 2,2781,100 700

350113

1,213 1,2152

8,082 4,0100

1,677

11,957

2008/6

10,7044,281

260209

722,846

18

1,804284253

1,06319

31,272

207

5154,382

604723 558442

10,41256

2581,1682,6558,724

500200

0

8,7477

890386

2,25769362

11,943

4,000

4.7531,400

477

1,2120

3,84324 25

7,088

19,04619,046 13,63411,957Ⅷ

Exchange loss為替差損

災害による損失 Loss on disaster資産除去債務会計基準適用時影響額 Loss on adjustments for change of accounting method

for asset retirement obligations

少数株主損益調整前当期純利益 Income before minority interests

2011/6189,805104,630

85,17474,712

23,645

814557

19,432

30,26210,461

1,734244

432935132516

1411,261

107

2512

840

217

23,156

1,696

238,2115,100

1,0514,048

4,163

271

67

808628

4,163

2011/6

8,2114,637

1311

1,120245132

9

1,696

2512

3932,3221,043

51220,138

43114

45

17,177

1,7001,100

75494513

1,047377

37

434573

7,371

18,38425,756

2

2,936

3,393

5,634

1,311600

1,214

4,135

22

35

Loss (gain) on redemption of guarantee deposits received災害損失

資産除去債務会計基準適用時影響額 Loss on adjustments for change of accounting methodfor asset retirement obligations

Loss on disaster

有価証券の取得による支出有価証券の償還による収入

Payments for purchase of securitiesProceeds from redemption of securities

808

628

500500


Financial Highlights (Non-consolidated)

0

50,000

100,000

150,000

200,000

2011/60

25,000

50,000

75,000

100,000

2011/60

3,000

6,000

9,000

12,000

15,000

2011/60

3,000

6,000

9,000

12,000

15,000

2011/60

50,000

100,000

150,000

200,000

2011/60

20,000

40,000

60,000

80,000

100,000

2011/60

2

4

6

8

10

2011/60

10

8,000

①売上高 Net sales（百万円／Million yen ／円万百（） Million yen ／円万百（） Million yen ／円万百（） Million yen）

（百万円／Million yen ／円万百（） Million yen））%（）%（

②売上総利益 Gross profit ③営業利益 Operating income ④経常利益 Ordinary income

⑥総資産 Total assets ⑦純資産 Net assets ⑧総資産経常利益率 ROA ⑨自己資本当期純利益率 ROE

（百万円／Million yen）

⑤当期純利益 Net income

76,33476,852

2010/6

69,02276,301

2007/6 2009/62008/6

145,930144,359

2010/6

149,415

2007/6 2009/6

152,694

2008/6

90,90188,763

2010/6

87,658

2007/6 2009/6

83,251

2008/6

5,7915,911

2010/6

7,353

2007/6 2009/6

6,296

2008/6

8,965

7,165

2010/6

8,498

2007/6 2009/6

7,351

2008/6

2010/62007/6 2009/62008/6

4.95.6

4.7

2011/62010/62009/62008/62007/6

2008/6 2010/62007/6 2009/6

2010/6

169,473183,537

2007/6 2009/62008/6 2011/6

186,283187,230

0

2,000

4,000

6,000

3,358

2,337

Million yen

Net salesGross profitOperating incomeOrdinary incomeNet incomeTotal assetsNet assets

% Return on assets (ROA) (%)

% Return on equity (ROE) (%)

1 ROA2 ROE

Notes: 1. ROA is computed using average of the beginning and year-end total assets. 2. ROE is computed using average of the beginning and year-end net assets.

2010/6186,28376,3345,7918,9653,358

145,93090,901

6.23.7

2009/6187,23076,8525,9117,1652,337

144,35988,763

4.92.7

2008/6183,53776,3017,3538,4985,641

149.41587,658

5.66.6

2007/6169,47369,0226,2967,3513,935

152,69483,251

4.74.7

ROE Return on Eguity6.2

189,052

80,479

7,997

9,116

2,992

152,284

92,681

6.1

2011/6189,05280,4797,9979,1162,992

152,28492,681

6.13.2

2

4

6

8 6.6

2.73.7

4.7

3.2

5,641

3,935


Financial Statements (Non-consolidated)

Balance Sheets (Non-consolidated)

Million yen

AssetsCurrent assets

Cash and bank depositAccount receivableMarketable securitiesProductsStock of thingsPrepaid expensesShort-term loans to affiliated companiesDeferred tax assetsCorporate tax receivableOthersAllowance for doubtful accounts貸倒引当金

Total current assetsFixed assets

Property, plant and equipment BuildingsStructuresMachinery and equipmentMarine vessels and aircraftVehiclesTools and fixturesLandLease assetsConstruction in progressOthers

Total property, plant and equipmentIntangible assets

Land leaseholdsTrademark rightsSoftwareOthers

Total intangible assetsInvestment and other assets

Investment securitiesStock of affiliated companiesLong-term loans to affiliated companiesBankruptcy and rehabilitation claimsLong-term prepaid expensesDeferred tax assetsGuarantee money depositsFixed assets for rentLong-term depositsOthersAllowance for doubtful accounts

Total investment and other assetsTotal fixed assetsTotal assets

2010/6

11,6624,074

44,80149

1,858

1,271

855

65,565

23,4831,550

188274

42620

9,2022,259

203800

38,625

235

687699

1,415

343,322

432,5734,228

23,7294,4022,100

7

9

40,32380,364

145,930

2009/6

6,3033,897

46,68863

1,865

1,265

2,113

2008/6

6,0663,743

48,016

1,919890

1,307

1,720

2007/6

13,8114,194

43,252

1,608520

1,111680 670

62,197

25,3141,374

1669445

64410,067

84696

438,652

216

920145

1,093

5513,4071,730

442,9383,024

24,1974,1362,500

7122 118

42,41682,162

144,359

63,664

27,2371,538

236151

35775

10,573

804

40,631

67

1,112141

1,268

5743,5242,030

443,2732,003

25,7994,2322,700

11342

43,85185,751

149,415

65,848

21,0931,523

346243

46732

10,845

3,9734

38,809

188

583144755

6185,3932,580

3813,0343,187

26,0724,2102,600

11809

47,28086,845

152,694

Million yen

LiabilitiesCurrent liabilities

Notes payableAccounts payableShort-term bank loans

1 Current portion of long-term debt1 Current portion of bonds payable

Lease obligationsOther accounts payableAccrued expensesIncome taxes payableConsumption taxes payableAdvance receiptDeposits receivedAllowance for bonuses for employeesAllowance for point servicesAllowance for bonuses for directors and corporateauditorsNotes payable for facilities

OthersTotal current liabilitiesLong-term liabilities

Bonds payableLong-term debtLease obligationsLong-term other accounts payableGuarantee money deposits receivedAccrued retirement benefits for directors and corporateauditorsReserve for employee retirement benefitsAllowance for loss on subleasesAllowance for loss on business rehabilitationAccumulated impairment losson long-term leased assets

OthersTotal long-term liabilitiesTotal liabilities

( Net assetsShareholders’ equity

Common stockCapital surplus

Capital reserveRetained earnings

General reserveOthers

General reserveEarned surplus carried forward

Total retained earningsCommon stock for treasury

Total shareholders’ equityValuation and translation adjustments

Net unrealized holding gains on securitiesGain/loss on deferred hedges

Total valuation and translation adjustmentsTotal net assets

Total liabilities assets and net assets

2010/6

9,19017,655

3769,3851,2851,082

183395262

1,93223

2,24644,020

4002,6001,844

1,894532

1,09588

2,175

37711,00855,028

15,163

25,074

50

1050,59350,653

090,890

100

1090,901

145,930

2009/6

9,37716,935

2,228

1758,5691,1521,757

255363241

1,84325

1,63644,561

1,0002,961

714

3,104571

963160

2008/6

8,81318,652

4,000 3,1531,100

8,8521,1522,436

132190321235

1,90925

647

1151,633

1,7003,339

1153,330

560

893144

2007/6

8,76119,925

4,7531,400

8,2271,133

657171570243

1,83723

1,457

2,678

350,388

2,8006,492

3573,449

542

3,766171

1,424

10111,03455,596

4110,12361,757

4919,05469,442

15,163

25,074

50

1048,44948,509

088,747

171

1688,763

144,359

15,163

25,074

50

1047,32647,386

087,624

351

3487,658

149,415

15,163

25,074

50

1042,89942,959

083,197

562

5383,251

152,694

長期リース資産減損勘定

災害損失引当金 Allowance for loss on disaster

資産除去債務 Asset retirement obligations

1,001

2011/6

17,2054,355

42,52347

1,755

1,694

1,215

69,288

23,3851,679

188141

62732

8,8904,041

78801

40,000

237

1,187215

1,434

5393,322

432,5974,856

22,9794,3313,000

7

10

41,56082,995

152,284

116

500

2011/6

8,90019,440

7729,4681,2923,038

147468527

1,62125

1.30847,267

502,0003,248

1,669551

1,09747

2,308

6012,33559,602

15,163

25,074

50

1052,37152,431

092,668

13

1392,681

152,284

255

1,300

株主資本

株主資本合計評価・換算差額等

評価・換算差額等合計

fact book 2011 - alpengroup · 05 fact book 2011 fact book 2011 06 financial statements...

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