Financial Highlights
Years ended the end of February
Values(Millions of yen)

2020

2021

2022

438,683

430,000

464,212437,722469,782

Home improvement retail business

68,86558,79767,06866,661

66,112Home improvement

90,09787,764

98,52396,614

94,798Home leisure and pet

64,77563,781

67,07863,77963,346

106,935

104,790

110,090

101,047

96,082Home furnishing

26,67725,496

27,762

24,83023,058Home electronics

39,59545,32551,241

47,121

46,257

Others32,69833,00831,442

25,76915,473

Product supply, etc.

9,037

11,036

11,005

11,635

12,903438,683

429,719

463,995

437,460

418,034

2023——

51,423

00

262

324

144,257

141,350

154,697

147,386

156,279

7,075

7,371

6,980

7,028

7,039

Selling, general and administrative expenses

130,319

127,889

131,423

123,765

133,250

Operating profit

21,013

20,83230,25430,64930,068

Ordinary profit

19,905

20,10729,55030,31729,555

Profit attributable to owners of parent

12,246

13,783

18,59418,80918,135

Operating revenue

Capital investment

12,248

13,11718,302

9,368

14,290Depreciation

12,25911,881

11,70912,52812,658

2019

2020

2021

2022

2023

25,07436,74945,243(3,720)15,614(9,770)(5,369)(16,002)(7,489)(38,459)

Cash flows from financing activities(11,423)(8,849)12,421(24,620)

34,383

Cash and cash equivalents at end of period

15,741

38,272

79,934

44,10455,643

2019

2020

2021

2022

2023

138,511

161,618

207,183

175,057

214,390

Cash and deposits

15,76338,306

79,95644,12655,665

Notes and accounts receivable–trade

13,50014,883

14,946

14,211

18,109Merchandise

97,19999,60699,431

106,001

121,941(Millions of yen)

Financial Position
Current assets

12,047

8,821

12,847

10,71818,673

277,172

273,114283,666

274,093

301,564

Property, plant and equipment

196,699

195,932

202,169

196,243

195,687

Buildings and structures

93,662

89,913

95,45391,072

90,628Land

80,851

81,97983,08982,39482,410Other

22,18524,03923,626

22,776

22,64813,233

12,725

12,326

13,30633,650Other
Non-current assets

Intangible assets
Goodwill

1,320

1,025

730

488

20,382

Other

11,913

11,69911,595

12,81813,267

67,23964,456

69,17064,542

72,226

Investment securities

20,346

19,60425,292

23,67730,927

Leasehold and guarantee deposits

41,37939,33337,937

36,63436,282

Investments and other assets

Other

5,513

5,518

5,939

4,231

5,016

Total assets

415,684434,733

490,849

449,151

515,955

Current liabilities

105,476

119,743

117,255

100,109102,828

Notes and accounts payable–trade29,13032,65735,277

22,81624,155

Short-term borrowings

27,55012,400——10,00016,474Current portion of long-term borrowings

8,8236,379

13,08930,111

Earnings per share

90.1

Other

39,97168,306

68,88847,181

52,198

Diluted earnings per share

78.2

89.6

121.3

——

Non-current liabilities

121,803

114,776

139,385

108,306

169,773

Net assets per share

1,410.2

1,467.3

1,531.7

1,624.2

1,738.4

Bonds payable

10,00010,00010,00010,00010,000

Dividends per share

27.0

28.0

32.0

33.0

40.0

Long-term borrowings

63,68978,324

102,749

73,767137,104

2019

103.3

2020

127.3

2021

126.2

2022

125.0

2023

Major Indicators
Operating profit margin (%)

4.84.8

6.5

7.0

6.4

Return on equity (ROE) (%)

6.6

7.1

8.6

7.9

7.5

Equity ratio (%)

45.3

46.1

47.7

53.6

47.2

Payout ratio (%)

49.6

46.5

27

28.7

12.8

Price earnings ratio

19.9

16.3

8.9

9.7

3.7

Total shareholder return (%)

105.3

98.4

108.1

117.1

123.9

671

673

663

669

675

746,946745,278

737,878

739,059742,597

4,331

4,248

4,059

4,025

4,102

Number of stores
Total sales floor area (m2)
Number of employees

DCM Holdings Co., Ltd. Integrated Report 2023Other

48,11426,451

26,636

24,53922,668

Net assets

188,404

200,213234,208240,735

243,353

10,058

11,93919,973

19,973

19,973

Share capital
Capital surplus

45,13547,01755,05155,05154,075Retained earnings

140,015150,029

164,285

178,254

185,378

Treasury shares(8,985)(10,114)(10,372)(15,692)(18,619)

Accumulated other comprehensive income

2,181

1,341

5,271

3,148

2,545

415,684434,733

490,849

449,151

515,955

Total liabilities and net assets

Financial Highlights

Per Share Information

Risk Management and Compliance(Yen)

Cash flows from operating activities
Cash flows from investing activities

Corporate Governance—0Other business

52

2022

Sustainability—XPRICE business

Real estate lease revenue

2021

Medium-Term Management PlanHousekeeping

Gross profit

2020

Message from the President

Gardening

Total of home improvement retail business2019
Cash Flow Information

Results of Operations
Net sales(Millions of yen)

2023

Business Model2019*1, The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, March 31, 2020), has been applied from the beginning of the fiscal year ended February 28,
2023, with sales figures for this period reflecting the application of this accounting standard, which resulted in an ¥11,322 million decrease in recognized revenue.
*2. Figures include XPRICE Inc., which was consolidated in the second quarter of the fiscal year ended February 28, 2023.

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