Income Statement

Earnings Waterfall
Ferrotec Corp

Income Statement
Ferrotec Corp

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Income Statement
Currency: JPY
Sep-2005 Dec-2005 Jun-2006 Sep-2006 Dec-2006 Jun-2007 Sep-2007 Dec-2007 Jun-2008 Sep-2008 Dec-2008 Jun-2009 Sep-2009 Dec-2009 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
100
0
0
125
0
0
95
192
316
458
499
541
571
581
607
628
635
643
635
621
607
604
589
584
577
560
558
555
560
546
529
513
482
528
565
597
647
633
637
656
708
778
879
983
1 038
1 316
1 452
1 544
1 697
1 477
1 263
1 058
831
809
821
894
1 090
1 136
1 323
1 529
1 557
1 786
1 948
2 215
2 470
2 766
0
0
Revenue
10 726
N/A
17 087
+59%
18 686
+9%
21 181
+13%
23 633
+12%
24 847
+5%
26 722
+8%
26 709
0%
27 553
+3%
28 352
+3%
32 021
+13%
29 443
-8%
25 893
-12%
22 173
-14%
26 355
+19%
32 515
+23%
39 754
+22%
57 880
+46%
65 993
+14%
69 853
+6%
67 904
-3%
60 088
-12%
50 781
-15%
44 399
-13%
39 462
-11%
38 425
-3%
38 459
+0%
38 605
+0%
40 859
+6%
44 746
+10%
49 337
+10%
53 754
+9%
56 899
+6%
59 079
+4%
61 710
+4%
63 457
+3%
66 653
+5%
69 464
+4%
69 917
+1%
73 499
+5%
72 409
-1%
73 848
+2%
77 427
+5%
79 180
+2%
86 938
+10%
90 598
+4%
92 477
+2%
92 845
+0%
90 751
-2%
89 478
-1%
87 808
-2%
86 096
-2%
82 761
-4%
81 614
-1%
81 137
-1%
81 360
+0%
87 369
+7%
91 313
+5%
98 446
+8%
109 543
+11%
118 754
+8%
133 821
+13%
149 548
+12%
171 500
+15%
195 530
+14%
210 810
+8%
219 685
+4%
218 799
0%
223 386
+2%
222 430
0%
231 279
+4%
252 093
+9%
256 529
+2%
274 390
+7%
282 179
+3%
280 213
-1%
Gross Profit
Cost of Revenue
(7 806)
(12 479)
(13 748)
(15 551)
(17 306)
(18 049)
(19 058)
(19 167)
(19 589)
(19 745)
(21 957)
(20 547)
(18 849)
(16 360)
(18 867)
(22 514)
(27 128)
(39 360)
(45 132)
(48 794)
(48 025)
(43 564)
(37 880)
(34 288)
(31 510)
(31 449)
(31 184)
(30 224)
(31 668)
(33 925)
(37 673)
(41 297)
(43 718)
(45 595)
(47 258)
(48 101)
(50 287)
(52 150)
(51 863)
(54 640)
(53 392)
(54 139)
(56 608)
(57 273)
(62 724)
(65 683)
(66 568)
(66 346)
(63 647)
(62 341)
(60 536)
(58 928)
(56 773)
(54 686)
(54 528)
(54 241)
(58 680)
(60 530)
(64 089)
(70 621)
(75 228)
(85 143)
(95 546)
(110 522)
(127 100)
(138 728)
(145 671)
(146 943)
(151 253)
(152 573)
(160 767)
(178 437)
(184 614)
(201 029)
(207 652)
(204 183)
Gross Profit
2 920
N/A
4 608
+58%
4 938
+7%
5 630
+14%
6 327
+12%
6 798
+7%
7 664
+13%
7 542
-2%
7 964
+6%
8 607
+8%
10 064
+17%
8 896
-12%
7 044
-21%
5 813
-17%
7 488
+29%
10 001
+34%
12 626
+26%
18 520
+47%
20 859
+13%
21 058
+1%
19 878
-6%
16 524
-17%
12 901
-22%
10 110
-22%
7 952
-21%
6 976
-12%
7 276
+4%
8 382
+15%
9 191
+10%
10 820
+18%
11 664
+8%
12 458
+7%
13 182
+6%
13 484
+2%
14 452
+7%
15 355
+6%
16 365
+7%
17 314
+6%
18 054
+4%
18 859
+4%
19 017
+1%
19 709
+4%
20 819
+6%
21 907
+5%
24 213
+11%
24 915
+3%
25 908
+4%
26 498
+2%
27 104
+2%
27 137
+0%
27 272
+0%
27 168
0%
25 988
-4%
26 928
+4%
26 609
-1%
27 119
+2%
28 690
+6%
30 782
+7%
34 356
+12%
38 923
+13%
43 526
+12%
48 678
+12%
54 001
+11%
60 977
+13%
68 430
+12%
72 082
+5%
74 014
+3%
71 856
-3%
72 133
+0%
69 857
-3%
70 512
+1%
73 656
+4%
71 915
-2%
73 361
+2%
74 527
+2%
76 030
+2%
Operating Income
Operating Expenses
(2 627)
(4 029)
(4 162)
(4 370)
(4 803)
(5 024)
(5 548)
(5 369)
(5 450)
(5 944)
(6 669)
(6 768)
(6 249)
(5 819)
(6 269)
(7 218)
(8 271)
(11 589)
(12 533)
(12 806)
(12 756)
(12 400)
(11 629)
(11 705)
(11 020)
(10 584)
(10 471)
(9 677)
(9 904)
(10 022)
(10 217)
(10 619)
(11 029)
(11 813)
(12 532)
(12 940)
(13 541)
(13 289)
(13 646)
(13 399)
(13 259)
(14 031)
(14 510)
(15 108)
(15 853)
(16 663)
(17 033)
(17 395)
(18 703)
(18 354)
(21 099)
(21 982)
(20 151)
(20 915)
(21 130)
(20 759)
(21 328)
(21 142)
(21 471)
(22 474)
(23 962)
(26 078)
(28 428)
(32 050)
(35 271)
(37 040)
(39 650)
(40 840)
(42 908)
(44 985)
(45 738)
(47 568)
(48 273)
(49 272)
(51 296)
(52 376)
Selling, General & Administrative
(2 627)
(4 029)
(4 161)
(4 370)
(4 802)
(5 023)
(5 547)
(5 369)
(5 450)
(5 945)
(6 670)
(6 768)
(6 247)
(5 817)
(6 269)
(7 219)
(8 272)
(11 589)
(12 532)
(12 806)
(12 756)
(10 907)
(11 629)
(11 704)
(11 019)
(10 470)
(10 471)
(9 677)
(9 904)
(9 075)
(10 217)
(10 619)
(11 029)
(10 336)
(12 532)
(12 940)
(13 541)
(11 699)
(13 231)
(13 400)
(13 260)
(12 294)
(14 511)
(15 109)
(15 853)
(14 068)
(17 032)
(17 490)
(17 991)
(14 935)
(19 102)
(19 888)
(20 151)
(16 728)
(21 130)
(20 759)
(21 328)
(16 702)
(21 470)
(22 473)
(23 961)
(20 563)
(28 425)
(32 047)
(35 268)
(28 230)
(39 648)
(40 838)
(42 906)
(34 661)
(45 737)
(47 567)
(48 271)
(36 989)
(50 780)
(51 858)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1 492)
0
0
0
(115)
0
0
0
(947)
0
0
0
(1 477)
0
0
0
0
0
0
0
(1 736)
0
0
0
(2 410)
0
0
0
(3 419)
0
0
0
(4 187)
0
0
0
(4 439)
0
0
0
(5 513)
0
0
0
(8 808)
0
0
0
(10 323)
0
0
0
(12 282)
0
0
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(185)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
(1 590)
(415)
0
0
(0)
0
0
0
(0)
0
95
(712)
(0)
(1 998)
(2 094)
0
(0)
(0)
(0)
(0)
0
(1)
(1)
(1)
(2)
(3)
(3)
(3)
(2)
(2)
0
0
(1)
(1)
(1)
(2)
(1)
(516)
(518)
Operating Income
293
N/A
579
+98%
776
+34%
1 259
+62%
1 523
+21%
1 773
+16%
2 116
+19%
2 173
+3%
2 514
+16%
2 663
+6%
3 395
+27%
2 128
-37%
795
-63%
(6)
N/A
1 219
N/A
2 783
+128%
4 355
+56%
6 932
+59%
8 327
+20%
8 252
-1%
7 122
-14%
4 124
-42%
1 272
-69%
(1 593)
N/A
(3 067)
-93%
(3 608)
-18%
(3 195)
+11%
(1 296)
+59%
(713)
+45%
798
N/A
1 447
+81%
1 839
+27%
2 153
+17%
1 671
-22%
1 920
+15%
2 415
+26%
2 824
+17%
4 025
+43%
4 407
+9%
5 459
+24%
5 757
+5%
5 678
-1%
6 308
+11%
6 798
+8%
8 360
+23%
8 252
-1%
8 876
+8%
9 104
+3%
8 401
-8%
8 783
+5%
6 173
-30%
5 186
-16%
5 838
+13%
6 013
+3%
5 479
-9%
6 360
+16%
7 362
+16%
9 641
+31%
12 885
+34%
16 449
+28%
19 563
+19%
22 600
+16%
25 574
+13%
28 928
+13%
33 159
+15%
35 042
+6%
34 364
-2%
31 016
-10%
29 225
-6%
24 872
-15%
24 774
0%
26 088
+5%
23 642
-9%
24 089
+2%
23 231
-4%
23 654
+2%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
0
(180)
(182)
(278)
21
(104)
(213)
(398)
(579)
(638)
(737)
(750)
(679)
(858)
(698)
(637)
(848)
(366)
216
890
2 209
1 991
2 294
1 361
501
1 160
507
870
836
493
(121)
(784)
(1 389)
(1 247)
(30)
107
683
265
(896)
(1 312)
(336)
(116)
(182)
472
(1 506)
(2 225)
(1 718)
(2 634)
(2 000)
(871)
(1 969)
691
827
167
1 972
2 506
5 635
7 340
4 351
1 910
(127)
(2 658)
(2 075)
(2 247)
(4 579)
(4 834)
(4 422)
(6 237)
(6 513)
Non-Reccuring Items
337
389
403
(110)
161
84
292
(99)
(81)
(478)
(401)
(406)
30
(70)
(25)
(107)
(65)
(476)
(652)
(718)
(735)
(395)
(327)
(2 993)
(3 923)
(4 225)
(4 115)
(1 371)
(375)
(493)
(530)
(531)
(539)
(3 313)
(3 278)
(3 278)
(3 270)
(419)
0
(416)
(419)
(224)
(243)
(243)
(491)
(1 254)
(1 484)
(1 484)
(1 233)
(2 034)
0
0
(1 286)
(721)
(1 815)
(1 800)
2 448
3 050
8 435
12 402
8 159
7 698
3 720
(457)
(757)
(181)
(971)
(771)
159
(208)
270
267
(366)
(513)
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
(8)
(38)
(45)
(50)
(13)
17
31
18
(20)
(69)
(75)
(131)
(138)
(72)
(73)
21
38
1 527
1 540
1 510
1 514
(62)
(76)
(84)
(94)
(42)
(30)
(47)
(39)
0
(84)
(311)
(304)
(337)
0
(85)
(161)
(218)
(285)
(250)
(178)
(357)
0
(52)
(93)
(45)
0
0
0
10
(54)
(95)
(106)
(44)
(74)
(13)
(23)
(226)
0
0
(263)
(206)
0
0
0
0
0
(493)
Total Other Income
137
(18)
(60)
56
(264)
(242)
(687)
(342)
(226)
(109)
(21)
(3)
2
58
83
80
79
143
165
(33)
(54)
(145)
(270)
(129)
(108)
(68)
(120)
(486)
(490)
(470)
(476)
(60)
(142)
(148)
(105)
(165)
(184)
(128)
(77)
(30)
109
27
(277)
(58)
(175)
(383)
(367)
(603)
(820)
(568)
(824)
(190)
423
11
147
200
32
556
594
618
915
1 422
1 609
2 492
2 588
3 055
3 459
3 062
3 867
3 763
4 418
5 098
4 920
5 892
5 695
5 353
Pre-Tax Income
767
N/A
950
+24%
1 119
+18%
1 205
+8%
1 420
+18%
1 615
+14%
1 721
+7%
1 732
+1%
2 018
+17%
1 856
-8%
2 649
+43%
1 690
-36%
709
-58%
(214)
N/A
909
N/A
2 195
+141%
3 711
+69%
5 792
+56%
7 016
+21%
6 692
-5%
5 336
-20%
2 815
-47%
(35)
N/A
(5 542)
-15 734%
(7 426)
-34%
(6 158)
+17%
(5 000)
+19%
566
N/A
1 927
+240%
2 067
+7%
1 725
-17%
1 665
-3%
2 538
+52%
(1 324)
N/A
(625)
+53%
(241)
+61%
(177)
+27%
3 357
N/A
3 464
+3%
3 315
-4%
3 897
+18%
5 115
+31%
5 895
+15%
7 096
+20%
7 800
+10%
5 501
-29%
5 428
-1%
6 430
+18%
6 053
-6%
5 642
-7%
5 820
+3%
3 438
-41%
2 657
-23%
3 541
+33%
1 177
-67%
2 759
+134%
8 970
+225%
11 288
+26%
22 551
+100%
30 201
+34%
28 698
-5%
33 648
+17%
33 335
-1%
36 585
+10%
42 307
+16%
42 041
-1%
38 762
-8%
33 180
-14%
30 330
-9%
26 146
-14%
27 215
+4%
26 874
-1%
23 362
-13%
25 046
+7%
22 689
-9%
22 001
-3%
Net Income
Tax Provision
(382)
(476)
(533)
(431)
(497)
(530)
(568)
(612)
(686)
(752)
(869)
(685)
(286)
(47)
(299)
(651)
(1 039)
(1 225)
(1 498)
(1 430)
(1 172)
(1 058)
(481)
(1 090)
(976)
(592)
(670)
(266)
(227)
(670)
(789)
(622)
(847)
(879)
(979)
(1 126)
(1 401)
(1 267)
(1 484)
(1 450)
(1 402)
(1 886)
(2 162)
(2 504)
(2 836)
(2 815)
(3 016)
(3 254)
(3 438)
(2 820)
(2 386)
(1 979)
(1 513)
(1 898)
(1 904)
(2 374)
(3 192)
(3 340)
(4 384)
(4 833)
(4 638)
(5 734)
(6 559)
(8 316)
(9 655)
(7 753)
(6 965)
(5 547)
(4 814)
(5 510)
(5 743)
(6 133)
(5 184)
(5 746)
(6 099)
(5 916)
Income from Continuing Operations
385
474
585
774
924
1 087
1 154
1 120
1 332
1 103
1 779
1 004
423
(261)
611
1 545
2 672
4 568
5 517
5 261
4 164
1 756
(516)
(6 632)
(8 402)
(6 750)
(5 672)
298
1 697
1 397
935
1 041
1 690
(2 204)
(1 605)
(1 367)
(1 578)
2 090
1 979
1 864
2 495
3 228
3 732
4 592
4 962
2 686
2 412
3 175
2 615
2 822
3 434
1 459
1 145
1 643
(727)
385
5 778
7 948
18 167
25 368
24 061
27 914
26 776
28 269
32 652
34 288
31 797
27 633
25 516
20 636
21 472
20 741
18 178
19 300
16 590
16 085
Income to Minority Interest
25
27
30
(19)
(29)
(25)
(10)
(2)
6
(21)
(72)
(67)
(31)
(1)
(16)
(23)
(18)
(84)
(143)
(155)
(160)
(41)
19
221
272
217
220
20
0
(5)
(6)
10
27
71
100
83
74
72
54
130
112
28
(4)
(70)
(58)
(8)
23
28
(1)
23
55
101
137
142
89
(69)
538
332
285
106
(849)
(1 254)
(1 838)
(2 898)
(3 700)
(4 585)
(5 103)
(5 519)
(6 086)
(5 481)
(5 813)
(4 786)
(3 875)
(3 607)
(3 072)
(3 274)
Net Income (Common)
410
N/A
501
+22%
615
+23%
755
+23%
895
+19%
1 063
+19%
1 145
+8%
1 118
-2%
1 337
+20%
1 082
-19%
1 708
+58%
938
-45%
392
-58%
(262)
N/A
595
N/A
1 521
+156%
2 653
+74%
4 483
+69%
5 374
+20%
5 107
-5%
4 005
-22%
1 715
-57%
(497)
N/A
(6 410)
-1 190%
(8 129)
-27%
(6 533)
+20%
(5 451)
+17%
318
N/A
1 697
+434%
1 392
-18%
929
-33%
1 052
+13%
1 718
+63%
(2 132)
N/A
(1 504)
+29%
(1 284)
+15%
(1 504)
-17%
2 162
N/A
2 033
-6%
1 994
-2%
2 607
+31%
3 256
+25%
3 728
+14%
4 522
+21%
4 904
+8%
2 678
-45%
2 436
-9%
3 204
+32%
2 615
-18%
2 846
+9%
3 489
+23%
1 559
-55%
1 282
-18%
1 785
+39%
(639)
N/A
316
N/A
6 316
+1 898%
8 281
+31%
18 451
+123%
25 473
+38%
23 211
-9%
26 659
+15%
24 935
-6%
25 369
+2%
28 950
+14%
29 702
+3%
26 693
-10%
22 113
-17%
19 429
-12%
15 154
-22%
15 657
+3%
15 954
+2%
14 302
-10%
15 692
+10%
13 517
-14%
12 810
-5%
EPS (Diluted)
14.64
N/A
22.77
+56%
30.75
+35%
30.2
-2%
40.68
+35%
50.61
+24%
52.04
+3%
50.81
-2%
60.77
+20%
49.18
-19%
77.63
+58%
42.63
-45%
16.33
-62%
-10.48
N/A
23.8
N/A
60.84
+156%
106.12
+74%
172.42
+62%
199.03
+15%
164.74
-17%
129.19
-22%
55.32
-57%
-16.03
N/A
-206.77
-1 190%
-262.22
-27%
-210.74
+20%
-175.83
+17%
10.25
N/A
54.74
+434%
44.9
-18%
29.96
-33%
33.93
+13%
55.41
+63%
-69.21
N/A
-48.51
+30%
-41.41
+15%
-48.51
-17%
69.93
N/A
65.58
-6%
64.32
-2%
84.09
+31%
105.14
+25%
120.25
+14%
133
+11%
132.54
0%
76.62
-42%
65.83
-14%
86.46
+31%
70.58
-18%
76.79
+9%
94.16
+23%
42.03
-55%
34.54
-18%
47.35
+37%
-17.2
N/A
7.02
N/A
153.69
+2 089%
201.51
+31%
446.78
+122%
674.67
+51%
543.09
-20%
619.29
+14%
531.86
-14%
540.88
+2%
616.93
+14%
633.14
+3%
561.48
-11%
415.15
-26%
363.34
-12%
291.99
-20%
293.02
+0%
298.46
+2%
265.3
-11%
293.04
+10%
252.09
-14%
238.75
-5%