Adways Inc
TSE:2489
Income Statement
Earnings Waterfall
Adways Inc
Revenue
|
13.5B
JPY
|
Cost of Revenue
|
-2.6B
JPY
|
Gross Profit
|
11B
JPY
|
Operating Expenses
|
-10B
JPY
|
Operating Income
|
921.5m
JPY
|
Other Expenses
|
44.6m
JPY
|
Net Income
|
966.1m
JPY
|
Income Statement
Adways Inc
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 |
29 331
N/A
|
31 522
+7%
|
33 514
+6%
|
34 558
+3%
|
35 288
+2%
|
35 891
+2%
|
36 542
+2%
|
37 989
+4%
|
38 715
+2%
|
39 614
+2%
|
40 586
+2%
|
40 312
-1%
|
41 366
+3%
|
42 329
+2%
|
42 569
+1%
|
43 268
+2%
|
42 046
-3%
|
41 501
-1%
|
42 251
+2%
|
42 727
+1%
|
43 695
+2%
|
41 857
-4%
|
39 439
-6%
|
37 393
-5%
|
36 480
-2%
|
37 305
+2%
|
38 282
+3%
|
40 774
+7%
|
43 609
+7%
|
49 021
+12%
|
41 772
-15%
|
33 293
-20%
|
9 698
-71%
|
13 216
+36%
|
13 675
+3%
|
13 880
+2%
|
13 416
-3%
|
13 353
0%
|
13 527
+1%
|
13 590
+0%
|
13 524
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(24 081)
|
(25 918)
|
(27 513)
|
(28 263)
|
(28 693)
|
(28 999)
|
(29 431)
|
(30 739)
|
(31 434)
|
(32 427)
|
(33 436)
|
(33 340)
|
(34 307)
|
(34 994)
|
(35 141)
|
(35 566)
|
(34 588)
|
(34 328)
|
(34 814)
|
(35 402)
|
(36 304)
|
(34 632)
|
(32 878)
|
(31 118)
|
(30 158)
|
(30 800)
|
(31 427)
|
(33 245)
|
(35 568)
|
(40 253)
|
(32 642)
|
(23 873)
|
(1 739)
|
(2 452)
|
(2 490)
|
(2 589)
|
(2 609)
|
(2 453)
|
(2 475)
|
(2 444)
|
(2 573)
|
|
Gross Profit |
5 248
N/A
|
5 602
+7%
|
5 999
+7%
|
6 294
+5%
|
6 595
+5%
|
6 892
+4%
|
7 112
+3%
|
7 251
+2%
|
7 282
+0%
|
7 187
-1%
|
7 150
-1%
|
6 971
-3%
|
7 058
+1%
|
7 335
+4%
|
7 428
+1%
|
7 703
+4%
|
7 459
-3%
|
7 173
-4%
|
7 437
+4%
|
7 326
-1%
|
7 392
+1%
|
7 226
-2%
|
6 563
-9%
|
6 275
-4%
|
6 322
+1%
|
6 504
+3%
|
6 855
+5%
|
7 529
+10%
|
8 041
+7%
|
8 767
+9%
|
9 130
+4%
|
9 420
+3%
|
7 959
-16%
|
10 764
+35%
|
11 184
+4%
|
11 291
+1%
|
10 806
-4%
|
10 900
+1%
|
11 052
+1%
|
11 145
+1%
|
10 951
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4 559)
|
(4 756)
|
(4 958)
|
(5 155)
|
(5 491)
|
(5 834)
|
(6 082)
|
(6 310)
|
(6 471)
|
(6 499)
|
(6 672)
|
(6 769)
|
(6 755)
|
(7 020)
|
(6 946)
|
(7 002)
|
(7 091)
|
(6 874)
|
(6 889)
|
(6 838)
|
(6 616)
|
(6 503)
|
(6 361)
|
(6 224)
|
(6 288)
|
(6 307)
|
(6 359)
|
(6 545)
|
(6 764)
|
(7 141)
|
(7 388)
|
(7 685)
|
(6 660)
|
(8 809)
|
(9 241)
|
(9 594)
|
(9 135)
|
(9 345)
|
(9 701)
|
(10 008)
|
(10 029)
|
|
Selling, General & Administrative |
(4 559)
|
(4 756)
|
(4 958)
|
(5 155)
|
(5 491)
|
(5 513)
|
(6 083)
|
(6 311)
|
(6 472)
|
(6 302)
|
(6 672)
|
(6 768)
|
(6 755)
|
(6 865)
|
(6 946)
|
(7 003)
|
(7 090)
|
(6 802)
|
(6 888)
|
(6 837)
|
(6 616)
|
(6 280)
|
(6 361)
|
(6 224)
|
(6 288)
|
(6 276)
|
(6 359)
|
(6 545)
|
(6 764)
|
(7 053)
|
(7 388)
|
(7 685)
|
(6 614)
|
(8 809)
|
(9 241)
|
(9 594)
|
(9 078)
|
(9 345)
|
(9 701)
|
(10 008)
|
(10 029)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
(321)
|
0
|
0
|
0
|
(198)
|
0
|
0
|
0
|
(155)
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
(88)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(88)
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(57)
|
0
|
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
|
(135)
|
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)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Operating Income |
691
N/A
|
849
+23%
|
1 043
+23%
|
1 140
+9%
|
1 104
-3%
|
1 057
-4%
|
1 029
-3%
|
940
-9%
|
810
-14%
|
688
-15%
|
478
-30%
|
203
-58%
|
304
+50%
|
316
+4%
|
483
+53%
|
701
+45%
|
369
-47%
|
299
-19%
|
550
+84%
|
490
-11%
|
777
+59%
|
723
-7%
|
201
-72%
|
51
-75%
|
34
-34%
|
197
+487%
|
496
+152%
|
985
+99%
|
1 278
+30%
|
1 626
+27%
|
1 742
+7%
|
1 735
0%
|
1 299
-25%
|
1 955
+50%
|
1 943
-1%
|
1 697
-13%
|
1 671
-2%
|
1 555
-7%
|
1 351
-13%
|
1 138
-16%
|
922
-19%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
199
|
208
|
203
|
108
|
121
|
160
|
175
|
202
|
186
|
153
|
115
|
(28)
|
8
|
29
|
33
|
91
|
59
|
144
|
(17)
|
(36)
|
69
|
299
|
428
|
461
|
398
|
344
|
353
|
390
|
435
|
535
|
482
|
504
|
440
|
327
|
1 317
|
1 643
|
3 226
|
3 463
|
2 548
|
2 206
|
826
|
|
Non-Reccuring Items |
(72)
|
(53)
|
(84)
|
(93)
|
(76)
|
(94)
|
(68)
|
(81)
|
(74)
|
(182)
|
(234)
|
(266)
|
(359)
|
(528)
|
(562)
|
(642)
|
(630)
|
(195)
|
(120)
|
(44)
|
20
|
(183)
|
(263)
|
(203)
|
(240)
|
(152)
|
(149)
|
(154)
|
(120)
|
(246)
|
(151)
|
(109)
|
(137)
|
51
|
(16)
|
(83)
|
(236)
|
(202)
|
(238)
|
(212)
|
(198)
|
|
Gain/Loss on Disposition of Assets |
(1)
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
25
|
25
|
25
|
0
|
0
|
32
|
(11)
|
53
|
50
|
13
|
126
|
74
|
74
|
79
|
9
|
0
|
0
|
0
|
20
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(18)
|
(18)
|
(17)
|
(18)
|
(1)
|
|
Total Other Income |
(22)
|
55
|
53
|
59
|
98
|
58
|
57
|
53
|
22
|
23
|
(3)
|
(26)
|
(18)
|
(35)
|
0
|
1
|
(45)
|
(34)
|
80
|
110
|
152
|
148
|
185
|
164
|
165
|
45
|
79
|
66
|
65
|
32
|
44
|
44
|
10
|
13
|
(318)
|
(341)
|
(466)
|
(461)
|
(87)
|
(72)
|
38
|
|
Pre-Tax Income |
795
N/A
|
1 058
+33%
|
1 214
+15%
|
1 213
0%
|
1 247
+3%
|
1 182
-5%
|
1 193
+1%
|
1 114
-7%
|
944
-15%
|
682
-28%
|
356
-48%
|
(92)
N/A
|
(40)
+57%
|
(193)
-382%
|
(46)
+76%
|
149
N/A
|
(217)
N/A
|
203
N/A
|
545
+169%
|
569
+4%
|
1 030
+81%
|
1 113
+8%
|
626
-44%
|
547
-13%
|
435
-20%
|
442
+2%
|
779
+76%
|
1 287
+65%
|
1 658
+29%
|
1 967
+19%
|
2 118
+8%
|
2 174
+3%
|
1 611
-26%
|
2 345
+46%
|
2 925
+25%
|
2 916
0%
|
4 176
+43%
|
4 337
+4%
|
3 556
-18%
|
3 043
-14%
|
1 587
-48%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(414)
|
(498)
|
(533)
|
(492)
|
(478)
|
(416)
|
(400)
|
(454)
|
(452)
|
(483)
|
(445)
|
(270)
|
(296)
|
(246)
|
(285)
|
(331)
|
(185)
|
(187)
|
(285)
|
(285)
|
(402)
|
(364)
|
(337)
|
(288)
|
(224)
|
(264)
|
(154)
|
(286)
|
(409)
|
(496)
|
(567)
|
(574)
|
(494)
|
(710)
|
(1 069)
|
(1 058)
|
(1 582)
|
(1 642)
|
(1 316)
|
(1 294)
|
(664)
|
|
Income from Continuing Operations |
381
|
560
|
681
|
720
|
769
|
766
|
794
|
661
|
493
|
199
|
(89)
|
(362)
|
(336)
|
(438)
|
(331)
|
(182)
|
(402)
|
16
|
260
|
284
|
628
|
749
|
289
|
259
|
212
|
178
|
625
|
1 001
|
1 249
|
1 470
|
1 551
|
1 600
|
1 117
|
1 635
|
1 855
|
1 858
|
2 594
|
2 695
|
2 240
|
1 749
|
923
|
|
Income to Minority Interest |
(4)
|
(9)
|
(17)
|
(27)
|
(51)
|
(79)
|
(79)
|
(77)
|
(68)
|
(53)
|
(53)
|
(32)
|
(24)
|
(13)
|
(11)
|
(17)
|
(12)
|
(6)
|
0
|
(6)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(13)
|
(15)
|
(17)
|
(33)
|
(48)
|
(58)
|
(66)
|
(88)
|
(105)
|
(120)
|
(122)
|
(57)
|
(40)
|
31
|
48
|
44
|
|
Net Income (Common) |
378
N/A
|
552
+46%
|
664
+20%
|
693
+4%
|
717
+3%
|
687
-4%
|
715
+4%
|
584
-18%
|
426
-27%
|
146
-66%
|
(140)
N/A
|
(392)
-180%
|
(359)
+8%
|
(451)
-26%
|
(342)
+24%
|
(199)
+42%
|
(415)
-109%
|
10
N/A
|
258
+2 486%
|
275
+7%
|
617
+124%
|
739
+20%
|
278
-62%
|
249
-10%
|
202
-19%
|
165
-18%
|
610
+270%
|
984
+61%
|
1 216
+24%
|
1 422
+17%
|
1 493
+5%
|
1 533
+3%
|
1 029
-33%
|
1 530
+49%
|
1 736
+13%
|
1 736
+0%
|
2 537
+46%
|
2 655
+5%
|
2 271
-14%
|
1 797
-21%
|
966
-46%
|
|
EPS (Diluted) |
9.21
N/A
|
13.14
+43%
|
15.8
+20%
|
16.5
+4%
|
17.07
+3%
|
16.46
-4%
|
17.02
+3%
|
13.9
-18%
|
10.14
-27%
|
3.51
-65%
|
-3.41
N/A
|
-9.56
-180%
|
-8.75
+8%
|
-11.11
-27%
|
-8.76
+21%
|
-5.1
+42%
|
-10.64
-109%
|
0.26
N/A
|
6.61
+2 442%
|
7.05
+7%
|
15.91
+126%
|
19.05
+20%
|
7.17
-62%
|
6.42
-10%
|
5.11
-20%
|
4.15
-19%
|
14.66
+253%
|
23.64
+61%
|
29.23
+24%
|
34.44
+18%
|
38.86
+13%
|
39.93
+3%
|
26.49
-34%
|
37.4
+41%
|
43.58
+17%
|
43.78
+0%
|
63.43
+45%
|
67.96
+7%
|
61.45
-10%
|
46.03
-25%
|
25.07
-46%
|