Financial Highlights
Pursuant to the applicable Japanese law, SECOM is required to publish results in line with accounting principles generally accepted in Japan (JapaneseGAAP). Key ﬁnancial highlights calculated using Japanese GAAP are shown below for reference.

U.S. GAAPSECOM CO., LTD. and Subsidiaries

In millions of yen

In thousands ofU.S. dollars

For the years ended/as of March 31

Years ended March 31

Year ended March 31

Net sales and operating revenue
Operating income
Net income attributable to SECOM CO., LTD.
Total assets
Total SECOM CO., LTD. shareholders’ equityPer share of common stock:
Net income attributable to SECOM CO., LTD.
Cash dividends(Interim dividend)
SECOM CO., LTD. shareholders’ equity

2023

2022

2021

2023

¥1,227,316
145,552
111,558
2,277,379
1,267,205¥1,166,098
156,402
107,7312,183,466
1,209,512¥1,135,339
135,809
89,913
2,137,806
1,142,323$ 9,159,075
1,086,209
832,522
16,995,365
9,456,755

In yenIn U.S. dollars¥ 411.95
170.0085.00
5,233.74$ 3.86
1.34
0.67
44.08

¥ 516.68
180.0090.00
5,906.70¥ 492.83
175.0090.005,546.11

Notes: 1. Yen amounts have been translated into U.S. dollars, solely for the convenience of the reader, at the approximate rate of ¥134=US$1, the rate
prevailing on the Tokyo Foreign Exchange Market on March 31, 2023.
2. Net income attributable to SECOM CO., LTD. per share of common stock is based on the average number of shares outstanding during eachperiod, less treasury stock.
3. SECOM CO., LTD. shareholders’ equity per share of common stock is based on the number of shares outstanding at the end of each period, lesstreasury stock.
4. Cash dividends per share of common stock are based on dividends approved and paid in each ﬁscal year. At the general shareholders’ meeting
held on June 27, 2023, approval was granted for a proposal to pay a year-end dividend of ¥95.00 for the year ended March 31, 2023.

Japanese GAAPSECOM CO., LTD. and Subsidiaries

In millions of yen

In thousands ofU.S. dollars

For the years ended/as of March 31

Years ended March 31

Year ended March 31

Revenue
Operating proﬁt
Ordinary proﬁt
Net income attributable to owners of the parent
Total assetsTotal net assets

Per share of common stock:
Net income
Cash dividends(Interim dividend)
Net assets

2023

2022

2021

2023

¥1,101,307
136,700
156,124
96,085
1,989,062
1,316,047¥1,049,859
143,499
153,186
94,273
1,907,755
1,256,036¥1,035,898
136,925
138,990
74,681
1,864,179
1,229,824$ 8,218,709
1,020,149
1,165,104
717,052
14,843,746
9,821,246

In yenIn U.S. dollars¥ 342.17
170.0085.00
4,958.18$ 3.32
1.38
0.67
40.50

¥ 445.02
185.0090.00
5,427.63¥ 431.27
180.0090.005,147.30

Note: Cash dividends per share of common stock are based on dividends the record dates for which fall in each ﬁscal year. The consolidated dividend
payout ratio for the year ended March 31, 2023, was 41.6%.

Net income attributable to SECOM CO., LTD.

Net income attributable to owners of the parent(U.S. GAAP)(Japanese GAAP)(In billions of yen)

(In billions of yen)

120

100
107.7

100

111.6
80

96.6
89.7

80

92.0

87.1

87.0

94.3

96.1

2022

2023

89.1

89.9

74.7
60

60
40
40
20

20002018

2019

2020

2021

2022

2023

201820192020

2021

Note: In the ﬁscal year ended March 31, 2023, net income attributable to SECOM CO., LTD., advanced ¥3.8 billion, to ¥111.6 billion. This was despite adecline in operating income—owing to the fact that the security services and ﬁre protection segments beneﬁted from comparatively proﬁtableprojects in the preceding period, as well as to investments in growth, primarily in the security services segment; an increase in losses due tonatural disasters in the insurance services segment; and an elevated fuel cost adjustment unit price in the BPO and ICT segment—and reﬂected
increases in gain on private equity investments and equity in net income of affiliated companies.
In the year ended March 31, 2022, net income attributable to SECOM CO., LTD., advanced ¥17.8 billion, to ¥107.7 billion. The principal factor behind
this result was higher operating income. This was due to increases in net sales and operating revenue, and in operating income, in three segments.
Higher results in the security services segment were underpinned by increases for electronic security services in Japan and overseas and for static
security guard services. The ﬁre protection services segment beneﬁted from a concentration of proﬁtable projects during the period. The medicalservices segment was bolstered by improvements in the earnings of partner hospitals in Japan and a general hospital in India.
In the year ended March 31, 2021, net income attributable to SECOM CO., LTD., advanced ¥2.8 billion, to ¥89.9 billion, notwithstanding thenegative impact of COVID-19 in certain areas. This reﬂected an increase in operating income, which was bolstered by favorable results in theinsurance services, BPO and ICT services, and geospatial information services segments, as well as a gain on other-than-temporary impairment ofinvestment securities, compared with a loss in the previous ﬁscal year.

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SECOM REPORT 2023

SECOM REPORT 2023

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