West Holdings Corp
TSE:1407
Income Statement
Earnings Waterfall
West Holdings Corp
Revenue
|
48.8B
JPY
|
Cost of Revenue
|
-31.6B
JPY
|
Gross Profit
|
17.3B
JPY
|
Operating Expenses
|
-7.4B
JPY
|
Operating Income
|
9.9B
JPY
|
Other Expenses
|
-3.1B
JPY
|
Net Income
|
6.8B
JPY
|
Income Statement
West Holdings Corp
Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | Feb-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
57 334
N/A
|
59 809
+4%
|
58 827
-2%
|
55 644
-5%
|
54 661
-2%
|
48 712
-11%
|
46 346
-5%
|
44 165
-5%
|
40 058
-9%
|
38 238
-5%
|
36 997
-3%
|
36 064
-3%
|
34 915
-3%
|
34 859
0%
|
32 753
-6%
|
34 295
+5%
|
38 817
+13%
|
44 641
+15%
|
52 509
+18%
|
59 238
+13%
|
61 213
+3%
|
62 689
+2%
|
63 904
+2%
|
64 165
+0%
|
62 318
-3%
|
60 436
-3%
|
61 947
+3%
|
60 987
-2%
|
60 106
-1%
|
60 061
0%
|
67 938
+13%
|
69 514
+2%
|
76 100
+9%
|
77 982
+2%
|
67 169
-14%
|
58 951
-12%
|
47 399
-20%
|
45 126
-5%
|
43 734
-3%
|
46 296
+6%
|
48 848
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(41 496)
|
(43 004)
|
(42 221)
|
(40 458)
|
(39 772)
|
(36 110)
|
(33 572)
|
(31 220)
|
(28 573)
|
(26 780)
|
(25 443)
|
(25 199)
|
(24 347)
|
(24 388)
|
(23 664)
|
(25 178)
|
(29 905)
|
(35 069)
|
(40 653)
|
(46 662)
|
(48 236)
|
(49 586)
|
(51 413)
|
(51 079)
|
(49 043)
|
(47 095)
|
(48 256)
|
(46 754)
|
(45 846)
|
(45 405)
|
(51 278)
|
(54 172)
|
(60 117)
|
(63 510)
|
(52 725)
|
(44 527)
|
(33 880)
|
(28 753)
|
(28 378)
|
(29 785)
|
(31 587)
|
|
Gross Profit |
15 838
N/A
|
16 807
+6%
|
16 606
-1%
|
15 187
-9%
|
14 890
-2%
|
12 602
-15%
|
12 774
+1%
|
12 945
+1%
|
11 485
-11%
|
11 458
0%
|
11 554
+1%
|
10 865
-6%
|
10 568
-3%
|
10 471
-1%
|
9 089
-13%
|
9 117
+0%
|
8 912
-2%
|
9 572
+7%
|
11 856
+24%
|
12 576
+6%
|
12 977
+3%
|
13 103
+1%
|
12 491
-5%
|
13 086
+5%
|
13 275
+1%
|
13 341
+0%
|
13 691
+3%
|
14 233
+4%
|
14 260
+0%
|
14 656
+3%
|
16 660
+14%
|
15 342
-8%
|
15 983
+4%
|
14 472
-9%
|
14 444
0%
|
14 424
0%
|
13 519
-6%
|
16 373
+21%
|
15 356
-6%
|
16 511
+8%
|
17 261
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(8 117)
|
(7 664)
|
(7 455)
|
(6 958)
|
(7 121)
|
(7 042)
|
(6 834)
|
(6 904)
|
(6 755)
|
(6 714)
|
(6 586)
|
(6 601)
|
(6 530)
|
(6 507)
|
(6 404)
|
(6 414)
|
(6 275)
|
(6 348)
|
(6 882)
|
(6 734)
|
(6 752)
|
(6 710)
|
(6 627)
|
(6 699)
|
(6 791)
|
(6 593)
|
(6 511)
|
(6 562)
|
(6 410)
|
(6 439)
|
(6 512)
|
(6 584)
|
(6 597)
|
(6 665)
|
(6 674)
|
(8 284)
|
(6 955)
|
(6 950)
|
(6 857)
|
(7 055)
|
(7 359)
|
|
Selling, General & Administrative |
(8 116)
|
(7 664)
|
(7 442)
|
(6 958)
|
(7 122)
|
(7 043)
|
(6 830)
|
(6 804)
|
(6 754)
|
(6 712)
|
(6 582)
|
(6 601)
|
(6 529)
|
(6 507)
|
(6 402)
|
(6 414)
|
(6 275)
|
(6 348)
|
(6 882)
|
(6 733)
|
(6 752)
|
(6 709)
|
(6 617)
|
(6 665)
|
(6 757)
|
(6 559)
|
(6 503)
|
(6 562)
|
(6 410)
|
(6 439)
|
(6 496)
|
(6 434)
|
(6 475)
|
(6 663)
|
(6 673)
|
(6 782)
|
(6 953)
|
(6 949)
|
(6 856)
|
(7 055)
|
(7 359)
|
|
Research & Development |
0
|
0
|
(13)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(100)
|
0
|
(2)
|
(1)
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(34)
|
(34)
|
(34)
|
(1)
|
0
|
0
|
0
|
(1)
|
(150)
|
(122)
|
0
|
(1)
|
(1 502)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
|
Operating Income |
7 720
N/A
|
9 141
+18%
|
9 151
+0%
|
8 228
-10%
|
7 769
-6%
|
5 560
-28%
|
5 940
+7%
|
6 041
+2%
|
4 730
-22%
|
4 744
+0%
|
4 968
+5%
|
4 264
-14%
|
4 038
-5%
|
3 964
-2%
|
2 685
-32%
|
2 703
+1%
|
2 637
-2%
|
3 224
+22%
|
4 974
+54%
|
5 842
+17%
|
6 225
+7%
|
6 393
+3%
|
5 864
-8%
|
6 387
+9%
|
6 484
+2%
|
6 748
+4%
|
7 180
+6%
|
7 671
+7%
|
7 850
+2%
|
8 217
+5%
|
10 148
+24%
|
8 758
-14%
|
9 386
+7%
|
7 807
-17%
|
7 770
0%
|
6 140
-21%
|
6 564
+7%
|
9 423
+44%
|
8 499
-10%
|
9 456
+11%
|
9 902
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(316)
|
(286)
|
(376)
|
(563)
|
(448)
|
(448)
|
(428)
|
(278)
|
(191)
|
(207)
|
(230)
|
(217)
|
(349)
|
(403)
|
(433)
|
(446)
|
(469)
|
(462)
|
(435)
|
(439)
|
(422)
|
(428)
|
(464)
|
(483)
|
(479)
|
(520)
|
(460)
|
(460)
|
(450)
|
(397)
|
(426)
|
(424)
|
(431)
|
(456)
|
(467)
|
(508)
|
(554)
|
(614)
|
(695)
|
(737)
|
(749)
|
|
Non-Reccuring Items |
(33)
|
(33)
|
(29)
|
(158)
|
(129)
|
(129)
|
(229)
|
0
|
(118)
|
(118)
|
(93)
|
(82)
|
(64)
|
(63)
|
11
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
0
|
0
|
(29)
|
(149)
|
(149)
|
0
|
0
|
(1 500)
|
(1 500)
|
0
|
(1 237)
|
349
|
265
|
263
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(2)
|
(1)
|
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
|
|
Total Other Income |
12
|
13
|
(68)
|
(51)
|
(77)
|
(70)
|
(19)
|
(30)
|
26
|
(11)
|
8
|
21
|
(11)
|
22
|
34
|
41
|
7
|
10
|
(13)
|
(38)
|
(6)
|
(10)
|
(13)
|
13
|
6
|
(110)
|
(122)
|
(162)
|
(261)
|
(124)
|
(101)
|
(100)
|
(18)
|
(60)
|
(39)
|
(3)
|
18
|
114
|
129
|
124
|
132
|
|
Pre-Tax Income |
7 383
N/A
|
8 835
+20%
|
8 678
-2%
|
7 456
-14%
|
7 114
-5%
|
4 912
-31%
|
5 265
+7%
|
5 732
+9%
|
4 447
-22%
|
4 408
-1%
|
4 653
+6%
|
3 985
-14%
|
3 613
-9%
|
3 518
-3%
|
2 296
-35%
|
2 297
+0%
|
2 174
-5%
|
2 772
+28%
|
4 526
+63%
|
5 365
+19%
|
5 797
+8%
|
5 955
+3%
|
5 350
-10%
|
5 917
+11%
|
6 011
+2%
|
6 118
+2%
|
6 598
+8%
|
7 049
+7%
|
7 110
+1%
|
7 547
+6%
|
9 472
+26%
|
8 234
-13%
|
8 937
+9%
|
5 791
-35%
|
5 764
0%
|
5 629
-2%
|
4 791
-15%
|
9 272
+94%
|
8 198
-12%
|
9 106
+11%
|
9 285
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3 012)
|
(3 408)
|
(3 186)
|
(2 628)
|
(2 681)
|
(1 797)
|
(1 857)
|
(1 916)
|
(1 600)
|
(1 697)
|
(1 965)
|
(1 828)
|
(1 510)
|
(1 458)
|
(788)
|
(805)
|
(744)
|
(1 019)
|
(1 859)
|
(2 115)
|
(2 281)
|
(2 267)
|
(1 717)
|
(1 912)
|
(1 925)
|
(1 947)
|
(2 181)
|
(2 332)
|
(2 351)
|
(2 534)
|
(2 977)
|
(2 560)
|
(2 747)
|
(1 704)
|
(1 506)
|
(1 428)
|
(1 167)
|
(2 549)
|
(2 181)
|
(2 446)
|
(2 457)
|
|
Income from Continuing Operations |
4 373
|
5 428
|
5 492
|
4 830
|
4 434
|
3 116
|
3 407
|
3 816
|
2 847
|
2 711
|
2 688
|
2 157
|
2 103
|
2 060
|
1 508
|
1 492
|
1 430
|
1 753
|
2 667
|
3 250
|
3 516
|
3 688
|
3 633
|
4 005
|
4 086
|
4 171
|
4 417
|
4 717
|
4 759
|
5 013
|
6 495
|
5 674
|
6 190
|
4 087
|
4 258
|
4 201
|
3 624
|
6 723
|
6 017
|
6 660
|
6 828
|
|
Income to Minority Interest |
6
|
4
|
2
|
3
|
2
|
1
|
1
|
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
|
|
Net Income (Common) |
4 377
N/A
|
5 431
+24%
|
5 494
+1%
|
4 833
-12%
|
4 436
-8%
|
3 117
-30%
|
3 408
+9%
|
3 816
+12%
|
2 847
-25%
|
2 711
-5%
|
2 687
-1%
|
2 157
-20%
|
2 101
-3%
|
2 058
-2%
|
1 507
-27%
|
1 491
-1%
|
1 429
-4%
|
1 752
+23%
|
2 667
+52%
|
3 248
+22%
|
3 516
+8%
|
3 688
+5%
|
3 632
-2%
|
4 004
+10%
|
4 086
+2%
|
4 171
+2%
|
4 417
+6%
|
4 718
+7%
|
4 758
+1%
|
5 012
+5%
|
6 495
+30%
|
5 674
-13%
|
6 191
+9%
|
4 088
-34%
|
4 257
+4%
|
4 200
-1%
|
3 622
-14%
|
6 722
+86%
|
6 016
-11%
|
6 659
+11%
|
6 828
+3%
|
|
EPS (Diluted) |
162.11
N/A
|
201.14
+24%
|
203.48
+1%
|
179
-12%
|
164.29
-8%
|
115.44
-30%
|
97.74
-15%
|
141.33
+45%
|
105.44
-25%
|
104.26
-1%
|
60.93
-42%
|
86.28
+42%
|
84.04
-3%
|
82.32
-2%
|
35.25
-57%
|
59.64
+69%
|
57.16
-4%
|
70.08
+23%
|
62.39
-11%
|
98.77
+58%
|
106.92
+8%
|
112.19
+5%
|
85.56
-24%
|
96.89
+13%
|
98.87
+2%
|
102.29
+3%
|
107.66
+5%
|
115.97
+8%
|
116.95
+1%
|
123.23
+5%
|
159.68
+30%
|
139.56
-13%
|
152.25
+9%
|
100.54
-34%
|
104.69
+4%
|
103.28
-1%
|
89.07
-14%
|
165.31
+86%
|
147.95
-11%
|
163.77
+11%
|
167.93
+3%
|