Tri-Stage Inc
TSE:2178
Income Statement
Earnings Waterfall
Tri-Stage Inc
Revenue
|
46.1B
JPY
|
Cost of Revenue
|
-40.8B
JPY
|
Gross Profit
|
5.4B
JPY
|
Operating Expenses
|
-4.1B
JPY
|
Operating Income
|
1.3B
JPY
|
Other Expenses
|
-494.1m
JPY
|
Net Income
|
807.7m
JPY
|
Income Statement
Tri-Stage Inc
May-2012 | Aug-2012 | Nov-2012 | Feb-2013 | May-2013 | Aug-2013 | Nov-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
33 263
N/A
|
32 178
-3%
|
32 975
+2%
|
33 826
+3%
|
35 746
+6%
|
37 346
+4%
|
36 914
-1%
|
36 024
-2%
|
34 235
-5%
|
33 063
-3%
|
32 482
-2%
|
32 185
-1%
|
33 056
+3%
|
34 407
+4%
|
35 778
+4%
|
37 132
+4%
|
38 859
+5%
|
41 344
+6%
|
44 517
+8%
|
47 302
+6%
|
49 953
+6%
|
52 405
+5%
|
54 387
+4%
|
55 776
+3%
|
56 440
+1%
|
55 507
-2%
|
54 204
-2%
|
53 844
-1%
|
53 240
-1%
|
52 499
-1%
|
51 805
-1%
|
50 440
-3%
|
48 800
-3%
|
48 440
-1%
|
48 008
-1%
|
47 783
0%
|
47 991
+0%
|
47 313
-1%
|
47 503
+0%
|
47 519
+0%
|
46 134
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(30 132)
|
(29 269)
|
(30 224)
|
(31 145)
|
(32 864)
|
(34 351)
|
(34 011)
|
(33 131)
|
(31 476)
|
(30 286)
|
(29 497)
|
(28 993)
|
(29 627)
|
(30 852)
|
(32 129)
|
(33 555)
|
(35 076)
|
(37 239)
|
(39 870)
|
(42 117)
|
(44 493)
|
(46 894)
|
(48 813)
|
(50 108)
|
(50 718)
|
(49 744)
|
(48 380)
|
(47 782)
|
(47 117)
|
(46 059)
|
(45 445)
|
(44 275)
|
(42 863)
|
(42 806)
|
(42 534)
|
(42 421)
|
(42 616)
|
(42 048)
|
(42 163)
|
(42 163)
|
(40 768)
|
|
Gross Profit |
3 128
N/A
|
2 907
-7%
|
2 749
-5%
|
2 681
-2%
|
2 881
+7%
|
2 994
+4%
|
2 903
-3%
|
2 892
0%
|
2 760
-5%
|
2 778
+1%
|
2 986
+7%
|
3 193
+7%
|
3 427
+7%
|
3 553
+4%
|
3 647
+3%
|
3 577
-2%
|
3 783
+6%
|
4 104
+8%
|
4 646
+13%
|
5 186
+12%
|
5 459
+5%
|
5 511
+1%
|
5 574
+1%
|
5 668
+2%
|
5 722
+1%
|
5 763
+1%
|
5 824
+1%
|
6 062
+4%
|
6 123
+1%
|
6 439
+5%
|
6 360
-1%
|
6 165
-3%
|
5 938
-4%
|
5 634
-5%
|
5 474
-3%
|
5 361
-2%
|
5 375
+0%
|
5 265
-2%
|
5 340
+1%
|
5 356
+0%
|
5 366
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 526)
|
(1 612)
|
(2 093)
|
(2 184)
|
(2 325)
|
(2 411)
|
(2 070)
|
(2 118)
|
(2 166)
|
(2 188)
|
(2 277)
|
(2 273)
|
(2 380)
|
(2 473)
|
(2 556)
|
(2 678)
|
(2 729)
|
(2 910)
|
(3 250)
|
(3 791)
|
(4 163)
|
(4 424)
|
(4 586)
|
(4 635)
|
(4 745)
|
(4 895)
|
(5 005)
|
(5 252)
|
(5 695)
|
(5 909)
|
(5 846)
|
(5 537)
|
(4 794)
|
(4 258)
|
(4 160)
|
(4 041)
|
(4 068)
|
(4 107)
|
(3 988)
|
(4 006)
|
(4 064)
|
|
Selling, General & Administrative |
(1 523)
|
(1 610)
|
(2 092)
|
(2 184)
|
(2 327)
|
(2 413)
|
(2 072)
|
(2 117)
|
(2 167)
|
(2 189)
|
(2 278)
|
(2 272)
|
(2 380)
|
(2 473)
|
(2 557)
|
(2 672)
|
(2 728)
|
(2 909)
|
(3 231)
|
(3 749)
|
(4 115)
|
(4 364)
|
(4 530)
|
(4 577)
|
(4 691)
|
(4 847)
|
(4 948)
|
(5 166)
|
(5 602)
|
(5 835)
|
(5 794)
|
(5 522)
|
(4 806)
|
(4 258)
|
(4 160)
|
(4 039)
|
(4 068)
|
(4 107)
|
(3 988)
|
(4 006)
|
(4 064)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(17)
|
(34)
|
(47)
|
(59)
|
(56)
|
(54)
|
(54)
|
(48)
|
(56)
|
(80)
|
(92)
|
(74)
|
(52)
|
(14)
|
12
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
|
Operating Income |
1 605
N/A
|
1 296
-19%
|
657
-49%
|
497
-24%
|
555
+12%
|
583
+5%
|
832
+43%
|
775
-7%
|
593
-23%
|
589
-1%
|
708
+20%
|
919
+30%
|
1 048
+14%
|
1 082
+3%
|
1 092
+1%
|
898
-18%
|
1 054
+17%
|
1 194
+13%
|
1 397
+17%
|
1 395
0%
|
1 297
-7%
|
1 087
-16%
|
988
-9%
|
1 032
+4%
|
978
-5%
|
869
-11%
|
820
-6%
|
810
-1%
|
429
-47%
|
530
+24%
|
514
-3%
|
628
+22%
|
1 144
+82%
|
1 377
+20%
|
1 314
-5%
|
1 320
+1%
|
1 307
-1%
|
1 157
-11%
|
1 353
+17%
|
1 350
0%
|
1 302
-4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
8
|
8
|
7
|
5
|
3
|
1
|
0
|
1
|
1
|
1
|
2
|
2
|
1
|
1
|
(3)
|
(8)
|
(15)
|
(22)
|
(22)
|
(31)
|
(50)
|
(640)
|
(710)
|
(120)
|
(603)
|
(45)
|
88
|
(502)
|
4
|
34
|
(38)
|
(196)
|
(194)
|
(165)
|
(86)
|
221
|
219
|
201
|
130
|
(16)
|
(15)
|
|
Non-Reccuring Items |
12
|
9
|
8
|
(1)
|
(3)
|
(5)
|
(41)
|
(94)
|
(93)
|
(91)
|
(55)
|
(2)
|
(2)
|
(3)
|
(4)
|
(2)
|
(2)
|
(1)
|
(1)
|
(28)
|
(29)
|
(29)
|
(45)
|
(19)
|
(19)
|
(986)
|
(966)
|
(1 053)
|
(1 050)
|
(289)
|
(289)
|
(238)
|
(234)
|
(234)
|
(241)
|
(334)
|
(339)
|
(133)
|
(152)
|
(49)
|
(53)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
2
|
2
|
2
|
(4)
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(5)
|
(4)
|
0
|
1
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(405)
|
(405)
|
0
|
|
Total Other Income |
3
|
2
|
2
|
2
|
1
|
2
|
1
|
1
|
10
|
10
|
10
|
20
|
1
|
1
|
0
|
(0)
|
(5)
|
(7)
|
(2)
|
2
|
3
|
5
|
(1)
|
(4)
|
(5)
|
(8)
|
(8)
|
(7)
|
(59)
|
(45)
|
(32)
|
(28)
|
22
|
19
|
36
|
(3)
|
(4)
|
(0)
|
(29)
|
11
|
(398)
|
|
Pre-Tax Income |
1 628
N/A
|
1 316
-19%
|
676
-49%
|
503
-26%
|
557
+11%
|
582
+4%
|
793
+36%
|
679
-14%
|
515
-24%
|
512
-1%
|
668
+30%
|
936
+40%
|
1 048
+12%
|
1 081
+3%
|
1 085
+0%
|
889
-18%
|
1 033
+16%
|
1 160
+12%
|
1 369
+18%
|
1 334
-3%
|
1 221
-8%
|
426
-65%
|
234
-45%
|
891
+281%
|
352
-60%
|
(170)
N/A
|
(65)
+62%
|
(753)
-1 067%
|
(676)
+10%
|
230
N/A
|
156
-32%
|
167
+7%
|
738
+341%
|
997
+35%
|
1 023
+3%
|
1 205
+18%
|
1 183
-2%
|
1 225
+4%
|
897
-27%
|
891
-1%
|
835
-6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(681)
|
(555)
|
(316)
|
(253)
|
(274)
|
(287)
|
(362)
|
(315)
|
(256)
|
(246)
|
(310)
|
(402)
|
(451)
|
(465)
|
(465)
|
(409)
|
(449)
|
(488)
|
(560)
|
(563)
|
(549)
|
(356)
|
(337)
|
(493)
|
(469)
|
(603)
|
(561)
|
(252)
|
(157)
|
127
|
154
|
29
|
(57)
|
(369)
|
(334)
|
(346)
|
(351)
|
(49)
|
(25)
|
(41)
|
(31)
|
|
Income from Continuing Operations |
946
|
760
|
359
|
250
|
282
|
294
|
429
|
364
|
258
|
265
|
359
|
534
|
598
|
617
|
620
|
479
|
584
|
672
|
808
|
771
|
671
|
69
|
(103)
|
397
|
(117)
|
(773)
|
(626)
|
(1 005)
|
(833)
|
357
|
310
|
196
|
681
|
629
|
688
|
858
|
833
|
1 176
|
872
|
851
|
804
|
|
Income to Minority Interest |
0
|
0
|
0
|
(2)
|
0
|
6
|
13
|
11
|
8
|
2
|
(4)
|
(1)
|
0
|
(1)
|
(4)
|
(5)
|
(8)
|
(11)
|
(12)
|
(10)
|
(11)
|
(8)
|
(13)
|
(11)
|
(13)
|
12
|
13
|
13
|
22
|
(3)
|
(2)
|
(14)
|
(24)
|
(26)
|
(23)
|
(10)
|
(13)
|
(9)
|
(3)
|
(6)
|
0
|
|
Net Income (Common) |
946
N/A
|
760
-20%
|
360
-53%
|
248
-31%
|
284
+15%
|
302
+6%
|
443
+47%
|
375
-15%
|
266
-29%
|
267
+0%
|
354
+33%
|
533
+51%
|
597
+12%
|
615
+3%
|
616
+0%
|
475
-23%
|
576
+21%
|
662
+15%
|
797
+20%
|
761
-4%
|
660
-13%
|
60
-91%
|
(116)
N/A
|
386
N/A
|
(128)
N/A
|
(759)
-493%
|
(612)
+19%
|
(992)
-62%
|
(811)
+18%
|
353
N/A
|
308
-13%
|
183
-41%
|
657
+260%
|
603
-8%
|
665
+10%
|
849
+28%
|
820
-3%
|
1 166
+42%
|
869
-26%
|
845
-3%
|
808
-4%
|
|
EPS (Diluted) |
31.53
N/A
|
25.34
-20%
|
12
-53%
|
8.26
-31%
|
9.47
+15%
|
10.07
+6%
|
14.76
+47%
|
12.5
-15%
|
8.86
-29%
|
8.92
+1%
|
11.8
+32%
|
17.84
+51%
|
19.89
+11%
|
20.5
+3%
|
22.81
+11%
|
17.16
-25%
|
24
+40%
|
22.82
-5%
|
27.48
+20%
|
27.21
-1%
|
22.75
-16%
|
2.06
-91%
|
-4
N/A
|
13.19
N/A
|
-4.41
N/A
|
-26.17
-493%
|
-21.01
+20%
|
-34.07
-62%
|
-29.51
+13%
|
12.95
N/A
|
11.31
-13%
|
6.69
-41%
|
24.8
+271%
|
24.06
-3%
|
26.54
+10%
|
33.38
+26%
|
32.7
-2%
|
46.51
+42%
|
34.64
-26%
|
33.69
-3%
|
32.16
-5%
|