Nissin Sugar Co Ltd
TSE:2117
Income Statement
Earnings Waterfall
Nissin Sugar Co Ltd
Revenue
|
90.3B
JPY
|
Cost of Revenue
|
-74.9B
JPY
|
Gross Profit
|
15.4B
JPY
|
Operating Expenses
|
-10B
JPY
|
Operating Income
|
5.4B
JPY
|
Other Expenses
|
-311m
JPY
|
Net Income
|
5.1B
JPY
|
Income Statement
Nissin Sugar 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 |
51 799
N/A
|
51 878
+0%
|
50 843
-2%
|
50 241
-1%
|
50 044
0%
|
49 741
-1%
|
50 531
+2%
|
50 685
+0%
|
50 174
-1%
|
49 840
-1%
|
49 457
-1%
|
49 425
0%
|
49 332
0%
|
49 942
+1%
|
49 856
0%
|
49 618
0%
|
49 447
0%
|
48 802
-1%
|
49 033
+0%
|
48 748
-1%
|
48 725
0%
|
47 829
-2%
|
85 255
+78%
|
85 319
+0%
|
85 041
0%
|
47 809
-44%
|
45 936
-4%
|
44 628
-3%
|
43 826
-2%
|
43 767
0%
|
44 792
+2%
|
45 506
+2%
|
45 757
+1%
|
46 062
+1%
|
47 065
+2%
|
47 946
+2%
|
48 880
+2%
|
58 347
+19%
|
68 274
+17%
|
78 709
+15%
|
90 289
+15%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(42 163)
|
(42 254)
|
(41 383)
|
(40 870)
|
(40 495)
|
(40 263)
|
(40 830)
|
(40 796)
|
(40 422)
|
(40 030)
|
(39 599)
|
(39 469)
|
(39 399)
|
(39 968)
|
(40 073)
|
(40 144)
|
(39 998)
|
(39 348)
|
(39 091)
|
(38 477)
|
(38 068)
|
(38 412)
|
(67 523)
|
(67 707)
|
(67 350)
|
(37 725)
|
(36 306)
|
(35 363)
|
(34 965)
|
(35 021)
|
(35 934)
|
(36 626)
|
(37 234)
|
(37 854)
|
(38 868)
|
(40 002)
|
(41 178)
|
(49 079)
|
(57 557)
|
(65 981)
|
(74 894)
|
|
Gross Profit |
9 636
N/A
|
9 624
0%
|
9 460
-2%
|
9 371
-1%
|
9 549
+2%
|
9 478
-1%
|
9 701
+2%
|
9 889
+2%
|
9 752
-1%
|
9 810
+1%
|
9 858
+0%
|
9 956
+1%
|
9 933
0%
|
9 974
+0%
|
9 783
-2%
|
9 474
-3%
|
9 449
0%
|
9 454
+0%
|
9 942
+5%
|
10 271
+3%
|
10 657
+4%
|
9 417
-12%
|
17 732
+88%
|
17 612
-1%
|
17 691
+0%
|
10 084
-43%
|
9 630
-5%
|
9 265
-4%
|
8 861
-4%
|
8 746
-1%
|
8 858
+1%
|
8 880
+0%
|
8 523
-4%
|
8 208
-4%
|
8 197
0%
|
7 944
-3%
|
7 702
-3%
|
9 268
+20%
|
10 717
+16%
|
12 728
+19%
|
15 395
+21%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6 887)
|
(6 744)
|
(6 708)
|
(6 730)
|
(6 711)
|
(6 634)
|
(6 747)
|
(6 733)
|
(6 754)
|
(6 747)
|
(6 759)
|
(6 850)
|
(6 964)
|
(7 239)
|
(7 340)
|
(7 393)
|
(7 407)
|
(7 389)
|
(7 412)
|
(7 474)
|
(7 664)
|
(6 094)
|
(11 639)
|
(11 326)
|
(10 915)
|
(6 147)
|
(7 198)
|
(7 147)
|
(7 371)
|
(6 208)
|
(6 528)
|
(6 470)
|
(6 097)
|
(6 155)
|
(6 121)
|
(6 347)
|
(6 563)
|
(7 498)
|
(8 566)
|
(9 169)
|
(10 024)
|
|
Selling, General & Administrative |
(6 885)
|
(6 742)
|
(6 705)
|
(6 727)
|
(6 709)
|
(6 633)
|
(6 745)
|
(6 732)
|
(6 753)
|
(6 673)
|
(6 759)
|
(6 850)
|
(6 964)
|
(7 165)
|
(7 338)
|
(7 390)
|
(7 404)
|
(7 267)
|
(7 411)
|
(7 472)
|
(7 663)
|
(5 693)
|
(11 254)
|
(10 948)
|
(10 528)
|
(6 003)
|
(6 413)
|
(6 402)
|
(6 297)
|
(5 764)
|
(6 228)
|
(6 159)
|
(6 155)
|
(5 686)
|
(6 232)
|
(6 434)
|
(6 631)
|
(7 068)
|
(8 452)
|
(9 288)
|
(10 107)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
(121)
|
0
|
0
|
0
|
(133)
|
0
|
0
|
0
|
(134)
|
0
|
0
|
0
|
(124)
|
0
|
0
|
0
|
(128)
|
0
|
0
|
0
|
(115)
|
0
|
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
|
(300)
|
0
|
0
|
0
|
(319)
|
0
|
0
|
0
|
(350)
|
0
|
0
|
0
|
(365)
|
0
|
0
|
0
|
(371)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(2)
|
(2)
|
(3)
|
(3)
|
0
|
0
|
(2)
|
(1)
|
0
|
(74)
|
0
|
0
|
0
|
(2)
|
(2)
|
(3)
|
(3)
|
(1)
|
(1)
|
(2)
|
(2)
|
32
|
(385)
|
(378)
|
(387)
|
309
|
(785)
|
(745)
|
(1 074)
|
30
|
(300)
|
(311)
|
58
|
24
|
111
|
87
|
68
|
56
|
(114)
|
119
|
83
|
|
Operating Income |
2 749
N/A
|
2 880
+5%
|
2 752
-4%
|
2 641
-4%
|
2 838
+7%
|
2 844
+0%
|
2 954
+4%
|
3 156
+7%
|
2 998
-5%
|
3 063
+2%
|
3 099
+1%
|
3 106
+0%
|
2 969
-4%
|
2 735
-8%
|
2 443
-11%
|
2 081
-15%
|
2 042
-2%
|
2 065
+1%
|
2 530
+23%
|
2 797
+11%
|
2 993
+7%
|
3 323
+11%
|
6 093
+83%
|
6 286
+3%
|
6 776
+8%
|
3 937
-42%
|
2 432
-38%
|
2 118
-13%
|
1 490
-30%
|
2 538
+70%
|
2 330
-8%
|
2 410
+3%
|
2 426
+1%
|
2 053
-15%
|
2 076
+1%
|
1 597
-23%
|
1 139
-29%
|
1 770
+55%
|
2 151
+22%
|
3 559
+65%
|
5 371
+51%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
306
|
251
|
293
|
360
|
354
|
453
|
344
|
306
|
330
|
329
|
376
|
356
|
314
|
359
|
540
|
579
|
513
|
522
|
217
|
189
|
160
|
232
|
437
|
421
|
425
|
308
|
272
|
245
|
271
|
219
|
211
|
200
|
208
|
246
|
222
|
231
|
269
|
192
|
1 593
|
1 654
|
1 656
|
|
Non-Reccuring Items |
(62)
|
(57)
|
(74)
|
(468)
|
(848)
|
(829)
|
(816)
|
(528)
|
(179)
|
(176)
|
(177)
|
(42)
|
(57)
|
(76)
|
311
|
285
|
315
|
(56)
|
(68)
|
(70)
|
(42)
|
33
|
0
|
0
|
0
|
(1 079)
|
0
|
0
|
0
|
(332)
|
0
|
0
|
0
|
111
|
0
|
0
|
0
|
(164)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
3
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
391
|
0
|
0
|
2
|
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 |
18
|
33
|
31
|
27
|
26
|
(7)
|
(4)
|
(7)
|
0
|
(20)
|
13
|
16
|
8
|
(21)
|
0
|
7
|
13
|
(20)
|
15
|
14
|
13
|
(3)
|
9
|
0
|
(3)
|
2
|
1
|
3
|
3
|
5
|
2
|
0
|
0
|
4
|
0
|
0
|
0
|
6
|
0
|
1
|
(1)
|
|
Pre-Tax Income |
3 014
N/A
|
3 105
+3%
|
3 002
-3%
|
2 560
-15%
|
2 370
-7%
|
2 461
+4%
|
2 478
+1%
|
2 927
+18%
|
3 149
+8%
|
3 196
+1%
|
3 311
+4%
|
3 436
+4%
|
3 234
-6%
|
3 388
+5%
|
3 294
-3%
|
2 952
-10%
|
2 885
-2%
|
2 511
-13%
|
2 696
+7%
|
2 932
+9%
|
3 124
+7%
|
3 585
+15%
|
6 539
+82%
|
6 707
+3%
|
7 198
+7%
|
3 168
-56%
|
2 705
-15%
|
2 366
-13%
|
1 764
-25%
|
2 430
+38%
|
2 543
+5%
|
2 611
+3%
|
2 635
+1%
|
2 414
-8%
|
2 297
-5%
|
1 828
-20%
|
1 408
-23%
|
1 804
+28%
|
3 745
+108%
|
5 214
+39%
|
7 028
+35%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 113)
|
(1 173)
|
(1 083)
|
(882)
|
(922)
|
(824)
|
(864)
|
(1 018)
|
(942)
|
(1 032)
|
(1 003)
|
(947)
|
(809)
|
(834)
|
(795)
|
(759)
|
(777)
|
(637)
|
(740)
|
(823)
|
(920)
|
(995)
|
(1 897)
|
(1 935)
|
(2 072)
|
(995)
|
(1 069)
|
(1 136)
|
(1 144)
|
(1 297)
|
(1 131)
|
(1 012)
|
(818)
|
(699)
|
(687)
|
(607)
|
(524)
|
(741)
|
(1 234)
|
(1 499)
|
(1 965)
|
|
Income from Continuing Operations |
1 901
|
1 932
|
1 919
|
1 678
|
1 448
|
1 637
|
1 614
|
1 909
|
2 207
|
2 164
|
2 308
|
2 489
|
2 425
|
2 554
|
2 499
|
2 193
|
2 108
|
1 874
|
1 956
|
2 109
|
2 204
|
2 590
|
4 642
|
4 772
|
5 126
|
2 173
|
1 636
|
1 230
|
620
|
1 133
|
1 412
|
1 599
|
1 817
|
1 715
|
1 610
|
1 221
|
884
|
1 063
|
2 511
|
3 715
|
5 063
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
1 902
N/A
|
1 931
+2%
|
1 919
-1%
|
1 678
-13%
|
1 447
-14%
|
1 636
+13%
|
1 613
-1%
|
1 908
+18%
|
2 205
+16%
|
2 163
-2%
|
2 307
+7%
|
2 488
+8%
|
2 425
-3%
|
2 554
+5%
|
2 498
-2%
|
2 192
-12%
|
2 107
-4%
|
1 874
-11%
|
1 957
+4%
|
2 109
+8%
|
2 205
+5%
|
2 561
+16%
|
4 613
+80%
|
4 744
+3%
|
5 097
+7%
|
2 173
-57%
|
1 637
-25%
|
1 231
-25%
|
621
-50%
|
1 132
+82%
|
1 412
+25%
|
1 598
+13%
|
1 816
+14%
|
1 715
-6%
|
1 610
-6%
|
1 221
-24%
|
884
-28%
|
1 062
+20%
|
2 509
+136%
|
3 713
+48%
|
5 060
+36%
|
|
EPS (Diluted) |
86.45
N/A
|
87.77
+2%
|
87.22
-1%
|
76.27
-13%
|
65.77
-14%
|
74.09
+13%
|
73.31
-1%
|
86.72
+18%
|
100.22
+16%
|
97.95
-2%
|
104.86
+7%
|
113.09
+8%
|
110.22
-3%
|
115.67
+5%
|
113.54
-2%
|
99.63
-12%
|
95.77
-4%
|
84.87
-11%
|
88.95
+5%
|
95.86
+8%
|
99.87
+4%
|
115.99
+16%
|
208.93
+80%
|
214.86
+3%
|
230.85
+7%
|
98.42
-57%
|
74.14
-25%
|
55.75
-25%
|
28.12
-50%
|
51.26
+82%
|
63.93
+25%
|
72.35
+13%
|
82.2
+14%
|
77.63
-6%
|
72.87
-6%
|
59.3
-19%
|
39.99
-33%
|
43.24
+8%
|
76.58
+77%
|
113.32
+48%
|
154.43
+36%
|