Sumitomo Forestry Co Ltd
TSE:1911
Income Statement
Earnings Waterfall
Sumitomo Forestry Co Ltd
Revenue
|
1.7T
JPY
|
Cost of Revenue
|
-1.3T
JPY
|
Gross Profit
|
408.8B
JPY
|
Operating Expenses
|
-262.1B
JPY
|
Operating Income
|
146.8B
JPY
|
Other Expenses
|
-44.3B
JPY
|
Net Income
|
102.5B
JPY
|
Income Statement
Sumitomo Forestry Co Ltd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
920 554
N/A
|
972 968
+6%
|
990 425
+2%
|
1 007 616
+2%
|
1 002 135
-1%
|
997 256
0%
|
1 000 554
+0%
|
1 014 126
+1%
|
1 028 066
+1%
|
1 040 524
+1%
|
1 052 409
+1%
|
1 067 659
+1%
|
1 082 284
+1%
|
1 113 364
+3%
|
1 134 363
+2%
|
1 161 898
+2%
|
1 198 063
+3%
|
1 221 998
+2%
|
1 242 611
+2%
|
1 252 740
+1%
|
1 272 453
+2%
|
1 308 893
+3%
|
1 294 628
-1%
|
1 245 790
-4%
|
1 204 653
-3%
|
1 104 094
-8%
|
1 114 668
+1%
|
1 100 293
-1%
|
839 881
-24%
|
1 128 936
+34%
|
1 227 173
+9%
|
1 282 007
+4%
|
1 385 930
+8%
|
1 450 773
+5%
|
1 535 839
+6%
|
1 624 150
+6%
|
1 669 707
+3%
|
1 692 114
+1%
|
1 703 406
+1%
|
1 696 298
0%
|
1 733 169
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(768 332)
|
(812 806)
|
(826 158)
|
(839 131)
|
(833 495)
|
(827 764)
|
(829 861)
|
(839 320)
|
(849 685)
|
(857 390)
|
(865 911)
|
(876 411)
|
(887 216)
|
(909 225)
|
(927 383)
|
(950 939)
|
(981 864)
|
(1 002 683)
|
(1 020 514)
|
(1 029 174)
|
(1 045 389)
|
(1 076 747)
|
(1 051 166)
|
(1 000 668)
|
(952 282)
|
(861 405)
|
(868 509)
|
(856 329)
|
(648 557)
|
(871 671)
|
(942 122)
|
(987 289)
|
(1 063 936)
|
(1 113 211)
|
(1 173 050)
|
(1 235 652)
|
(1 276 737)
|
(1 298 272)
|
(1 312 819)
|
(1 308 099)
|
(1 324 339)
|
|
Gross Profit |
152 222
N/A
|
160 162
+5%
|
164 267
+3%
|
168 485
+3%
|
168 640
+0%
|
169 492
+1%
|
170 693
+1%
|
174 806
+2%
|
178 381
+2%
|
183 134
+3%
|
186 498
+2%
|
191 248
+3%
|
195 068
+2%
|
204 139
+5%
|
206 980
+1%
|
210 959
+2%
|
216 199
+2%
|
219 315
+1%
|
222 097
+1%
|
223 566
+1%
|
227 064
+2%
|
232 146
+2%
|
243 462
+5%
|
245 122
+1%
|
252 371
+3%
|
242 689
-4%
|
246 159
+1%
|
243 964
-1%
|
191 324
-22%
|
257 265
+34%
|
285 051
+11%
|
294 718
+3%
|
321 994
+9%
|
337 562
+5%
|
362 789
+7%
|
388 498
+7%
|
392 970
+1%
|
393 842
+0%
|
390 587
-1%
|
388 199
-1%
|
408 830
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(122 396)
|
(126 747)
|
(129 665)
|
(133 171)
|
(134 601)
|
(135 498)
|
(138 734)
|
(140 161)
|
(141 357)
|
(153 041)
|
(155 401)
|
(157 943)
|
(159 914)
|
(150 150)
|
(153 562)
|
(157 559)
|
(161 955)
|
(166 294)
|
(167 687)
|
(169 303)
|
(172 957)
|
(182 899)
|
(185 311)
|
(187 667)
|
(188 991)
|
(191 312)
|
(192 122)
|
(192 754)
|
(143 862)
|
(192 082)
|
(198 664)
|
(204 624)
|
(208 343)
|
(218 767)
|
(224 383)
|
(233 235)
|
(234 717)
|
(245 600)
|
(244 303)
|
(247 683)
|
(262 075)
|
|
Selling, General & Administrative |
(122 395)
|
(126 747)
|
(129 666)
|
(133 172)
|
(134 601)
|
(133 937)
|
(138 734)
|
(140 162)
|
(141 357)
|
(151 538)
|
(155 401)
|
(157 942)
|
(159 914)
|
(148 283)
|
(153 561)
|
(157 558)
|
(161 954)
|
(164 317)
|
(167 686)
|
(169 303)
|
(172 957)
|
(180 787)
|
(185 313)
|
(187 667)
|
(188 991)
|
(189 041)
|
(190 019)
|
(190 715)
|
(141 979)
|
(191 000)
|
(198 663)
|
(204 623)
|
(205 856)
|
(214 950)
|
(224 384)
|
(233 236)
|
(232 141)
|
(238 990)
|
(240 060)
|
(243 440)
|
(259 198)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
(1 561)
|
0
|
0
|
0
|
(1 503)
|
0
|
0
|
0
|
(1 866)
|
0
|
0
|
0
|
(1 977)
|
0
|
0
|
0
|
(2 112)
|
0
|
0
|
0
|
(2 271)
|
0
|
0
|
(1 883)
|
0
|
0
|
0
|
(2 488)
|
0
|
0
|
0
|
(2 576)
|
0
|
0
|
0
|
(2 878)
|
|
Other Operating Expenses |
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(2 103)
|
(2 039)
|
0
|
(1 082)
|
0
|
0
|
1
|
(3 817)
|
1
|
0
|
0
|
(6 610)
|
(4 243)
|
(4 243)
|
1
|
|
Operating Income |
29 826
N/A
|
33 415
+12%
|
34 602
+4%
|
35 314
+2%
|
34 039
-4%
|
33 994
0%
|
31 959
-6%
|
34 645
+8%
|
37 024
+7%
|
30 093
-19%
|
31 097
+3%
|
33 305
+7%
|
35 154
+6%
|
53 989
+54%
|
53 418
-1%
|
53 400
0%
|
54 244
+2%
|
53 021
-2%
|
54 410
+3%
|
54 263
0%
|
54 107
0%
|
49 247
-9%
|
58 151
+18%
|
57 455
-1%
|
63 380
+10%
|
51 377
-19%
|
54 037
+5%
|
51 210
-5%
|
47 462
-7%
|
65 183
+37%
|
86 387
+33%
|
90 094
+4%
|
113 651
+26%
|
118 795
+5%
|
138 406
+17%
|
155 263
+12%
|
158 253
+2%
|
148 242
-6%
|
146 284
-1%
|
140 516
-4%
|
146 755
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
430
|
(231)
|
(773)
|
325
|
1 482
|
1 935
|
2 204
|
1 463
|
(304)
|
(91)
|
330
|
818
|
3 265
|
3 430
|
4 007
|
4 169
|
3 572
|
3 444
|
2 988
|
3 715
|
6 371
|
6 364
|
5 753
|
4 344
|
5 015
|
7 296
|
7 552
|
7 725
|
2 686
|
3 618
|
4 099
|
18 308
|
18 377
|
26 835
|
37 320
|
31 998
|
33 393
|
25 976
|
14 845
|
5 133
|
10 263
|
|
Non-Reccuring Items |
870
|
959
|
925
|
(1 420)
|
(1 753)
|
(2 089)
|
(1 933)
|
(1 641)
|
(4 597)
|
(4 801)
|
(4 954)
|
(4 887)
|
(827)
|
(43)
|
6 914
|
1 184
|
1 146
|
585
|
(5 868)
|
342
|
345
|
356
|
(1 293)
|
(1 803)
|
(2 025)
|
(3 776)
|
0
|
0
|
(1 082)
|
0
|
(4 498)
|
(4 498)
|
(3 819)
|
0
|
(2 769)
|
(2 769)
|
(6 609)
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
65
|
72
|
70
|
56
|
56
|
278
|
308
|
362
|
420
|
505
|
619
|
569
|
505
|
637
|
18
|
2
|
(15)
|
(20)
|
(4)
|
15
|
54
|
86
|
80
|
71
|
55
|
67
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
575
|
414
|
422
|
535
|
691
|
620
|
541
|
484
|
606
|
537
|
708
|
840
|
590
|
510
|
497
|
830
|
1 113
|
1 508
|
1 543
|
1 169
|
1 074
|
565
|
480
|
474
|
89
|
154
|
532
|
923
|
1 145
|
2 103
|
2 178
|
2 380
|
5 723
|
3 503
|
3 883
|
4 145
|
3 348
|
3 864
|
3 430
|
2 812
|
4 335
|
|
Pre-Tax Income |
31 766
N/A
|
34 629
+9%
|
35 246
+2%
|
34 810
-1%
|
34 515
-1%
|
34 738
+1%
|
33 079
-5%
|
35 313
+7%
|
33 149
-6%
|
26 243
-21%
|
27 800
+6%
|
30 645
+10%
|
38 687
+26%
|
58 523
+51%
|
64 854
+11%
|
59 585
-8%
|
60 060
+1%
|
58 538
-3%
|
53 069
-9%
|
59 504
+12%
|
61 951
+4%
|
56 618
-9%
|
63 171
+12%
|
60 541
-4%
|
66 514
+10%
|
55 118
-17%
|
62 121
+13%
|
59 858
-4%
|
50 211
-16%
|
70 904
+41%
|
88 166
+24%
|
106 284
+21%
|
133 932
+26%
|
149 133
+11%
|
176 840
+19%
|
188 637
+7%
|
188 385
0%
|
178 082
-5%
|
164 559
-8%
|
148 461
-10%
|
161 353
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(8 583)
|
(11 488)
|
(11 986)
|
(14 524)
|
(14 284)
|
(12 756)
|
(12 430)
|
(11 960)
|
(12 828)
|
(10 889)
|
(10 926)
|
(12 279)
|
(12 668)
|
(18 292)
|
(18 655)
|
(19 247)
|
(20 259)
|
(19 906)
|
(19 972)
|
(18 638)
|
(18 651)
|
(16 192)
|
(18 273)
|
(17 897)
|
(19 180)
|
(16 253)
|
(17 327)
|
(15 722)
|
(10 050)
|
(14 552)
|
(19 711)
|
(23 067)
|
(29 416)
|
(33 003)
|
(45 540)
|
(46 520)
|
(53 230)
|
(51 307)
|
(37 404)
|
(37 094)
|
(35 118)
|
|
Income from Continuing Operations |
23 183
|
23 141
|
23 260
|
20 286
|
20 231
|
21 982
|
20 649
|
23 353
|
20 321
|
15 354
|
16 874
|
18 366
|
26 019
|
40 231
|
46 199
|
40 338
|
39 801
|
38 632
|
33 097
|
40 866
|
43 300
|
40 426
|
44 898
|
42 644
|
47 334
|
38 865
|
44 794
|
44 136
|
40 161
|
56 352
|
68 455
|
83 217
|
104 516
|
116 130
|
131 300
|
142 117
|
135 155
|
126 775
|
127 155
|
111 367
|
126 235
|
|
Income to Minority Interest |
(100)
|
(610)
|
(773)
|
(1 549)
|
(2 353)
|
(3 410)
|
(4 367)
|
(5 174)
|
(5 609)
|
(5 627)
|
(5 668)
|
(5 219)
|
(4 855)
|
(5 699)
|
(5 512)
|
(6 104)
|
(6 938)
|
(8 497)
|
(9 120)
|
(10 401)
|
(11 174)
|
(11 266)
|
(11 133)
|
(11 007)
|
(11 136)
|
(11 013)
|
(11 782)
|
(12 615)
|
(9 763)
|
(13 031)
|
(14 650)
|
(15 468)
|
(17 341)
|
(19 281)
|
(23 694)
|
(25 836)
|
(26 483)
|
(26 299)
|
(23 231)
|
(21 616)
|
(23 756)
|
|
Net Income (Common) |
23 083
N/A
|
22 531
-2%
|
22 485
0%
|
18 735
-17%
|
17 878
-5%
|
18 572
+4%
|
16 282
-12%
|
18 180
+12%
|
14 712
-19%
|
9 727
-34%
|
11 207
+15%
|
13 147
+17%
|
21 165
+61%
|
34 532
+63%
|
40 689
+18%
|
34 235
-16%
|
32 863
-4%
|
30 135
-8%
|
23 977
-20%
|
30 465
+27%
|
32 126
+5%
|
29 160
-9%
|
33 764
+16%
|
31 637
-6%
|
36 198
+14%
|
27 853
-23%
|
33 013
+19%
|
31 523
-5%
|
30 398
-4%
|
43 320
+43%
|
53 805
+24%
|
67 748
+26%
|
87 175
+29%
|
96 851
+11%
|
107 606
+11%
|
116 282
+8%
|
108 672
-7%
|
100 475
-8%
|
103 924
+3%
|
89 751
-14%
|
102 479
+14%
|
|
EPS (Diluted) |
122.78
N/A
|
119.84
-2%
|
127.03
+6%
|
94.14
-26%
|
95.09
+1%
|
98.87
+4%
|
91.98
-7%
|
91.35
-1%
|
83.11
-9%
|
51.78
-38%
|
63.31
+22%
|
66.06
+4%
|
112.57
+70%
|
183.77
+63%
|
216.43
+18%
|
182.1
-16%
|
172.05
-6%
|
158.81
-8%
|
132.46
-17%
|
153.86
+16%
|
172.67
+12%
|
155.32
-10%
|
181.48
+17%
|
170.01
-6%
|
194.54
+14%
|
149.68
-23%
|
177.41
+19%
|
169.36
-5%
|
167.11
-1%
|
232.76
+39%
|
289.09
+24%
|
332.44
+15%
|
446.69
+34%
|
473.31
+6%
|
525.9
+11%
|
568.32
+8%
|
530.99
-7%
|
490.68
-8%
|
507.59
+3%
|
438.37
-14%
|
500.44
+14%
|