(Thousands of yen) Category 2016/12 2017/12 2018/12 2019/12 Net sales 2,455,738 1,818,402 1,518,630 1,227,482 Operating Income -622,920 -144,296 -198,095 -358,928 Ordinary Income -674,202 -233,862 -290,811 -435,568 Net Income -503,298 -216,306 -290,825 -1,081,295 Total Assets 455,760 240,621 -55,430 -1,135,912 Sharholders' Equity 4,031,933 2,876,764 2,454,145 1,217,798 Outstanding stock 16,143,170shares 16,143,170shares 16,143,170shares 16,143,170shares Book-value per Share 28.23yen 14.91yen -3.43yen -70.37yen Earning per Share -31.18yen -13.40yen -18.02yen -66.99yen Equity Ratio 11.3% 8.4% -2.3% -93.3% Return on Equity -71.1% -62.1% -314.1% − Cash flows from operating activities − − − -169,002 Cash flows from investing activties − − − 354,025 Cash flows from financing activities − − − -200,190 Cash and cash equivalents at end of year − − − 27,026 Capital Expenditure 55,541 32,773 54,796 37,011 Depreciation 253,283 127,839 100,911 93,414 Research and Development Cost 15,000 − − 7,915 Cash Dividends per Share − − − − Number of Employees 185persons 144persons 125persons 113persons