ValueCommerce Co Ltd
TSE:2491
Income Statement
Earnings Waterfall
ValueCommerce Co Ltd
Revenue
|
29.4B
JPY
|
Cost of Revenue
|
-19.2B
JPY
|
Gross Profit
|
10.1B
JPY
|
Operating Expenses
|
-4.9B
JPY
|
Operating Income
|
5.2B
JPY
|
Other Expenses
|
-1.8B
JPY
|
Net Income
|
3.4B
JPY
|
Income Statement
ValueCommerce 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 |
12 013
N/A
|
12 578
+5%
|
12 647
+1%
|
12 846
+2%
|
13 373
+4%
|
14 071
+5%
|
15 198
+8%
|
15 918
+5%
|
16 658
+5%
|
17 254
+4%
|
17 735
+3%
|
17 604
-1%
|
17 505
-1%
|
17 006
-3%
|
16 326
-4%
|
16 552
+1%
|
16 889
+2%
|
17 542
+4%
|
18 531
+6%
|
19 334
+4%
|
20 765
+7%
|
22 388
+8%
|
23 452
+5%
|
24 393
+4%
|
25 695
+5%
|
27 056
+5%
|
27 905
+3%
|
28 565
+2%
|
29 172
+2%
|
29 600
+1%
|
30 760
+4%
|
32 260
+5%
|
33 560
+4%
|
35 028
+4%
|
35 719
+2%
|
36 015
+1%
|
35 708
-1%
|
33 835
-5%
|
32 223
-5%
|
30 747
-5%
|
29 396
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(8 140)
|
(8 554)
|
(8 608)
|
(8 846)
|
(9 418)
|
(10 170)
|
(11 233)
|
(11 918)
|
(12 631)
|
(13 227)
|
(13 827)
|
(13 716)
|
(13 601)
|
(12 900)
|
(11 916)
|
(11 795)
|
(11 566)
|
(11 873)
|
(12 453)
|
(12 893)
|
(13 863)
|
(15 002)
|
(15 723)
|
(16 366)
|
(16 871)
|
(17 440)
|
(17 429)
|
(17 355)
|
(17 587)
|
(17 641)
|
(18 492)
|
(19 566)
|
(20 681)
|
(21 855)
|
(22 470)
|
(22 779)
|
(22 881)
|
(21 850)
|
(21 047)
|
(20 258)
|
(19 247)
|
|
Gross Profit |
3 873
N/A
|
4 023
+4%
|
4 038
+0%
|
4 000
-1%
|
3 955
-1%
|
3 901
-1%
|
3 965
+2%
|
4 000
+1%
|
4 027
+1%
|
4 027
+0%
|
3 908
-3%
|
3 888
0%
|
3 905
+0%
|
4 106
+5%
|
4 410
+7%
|
4 757
+8%
|
5 323
+12%
|
5 669
+7%
|
6 078
+7%
|
6 441
+6%
|
6 902
+7%
|
7 386
+7%
|
7 729
+5%
|
8 027
+4%
|
8 824
+10%
|
9 616
+9%
|
10 476
+9%
|
11 210
+7%
|
11 584
+3%
|
11 959
+3%
|
12 268
+3%
|
12 694
+3%
|
12 879
+1%
|
13 174
+2%
|
13 249
+1%
|
13 236
0%
|
12 827
-3%
|
11 985
-7%
|
11 176
-7%
|
10 489
-6%
|
10 149
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 533)
|
(2 538)
|
(2 508)
|
(2 538)
|
(2 440)
|
(2 451)
|
(2 509)
|
(2 480)
|
(2 508)
|
(2 633)
|
(2 718)
|
(2 825)
|
(2 982)
|
(2 955)
|
(3 027)
|
(3 048)
|
(3 100)
|
(3 103)
|
(3 057)
|
(3 076)
|
(3 146)
|
(3 215)
|
(3 300)
|
(3 397)
|
(3 871)
|
(4 398)
|
(4 931)
|
(5 333)
|
(5 366)
|
(5 468)
|
(5 334)
|
(5 213)
|
(4 974)
|
(4 803)
|
(4 599)
|
(4 609)
|
(4 578)
|
(4 604)
|
(4 655)
|
(4 793)
|
(4 920)
|
|
Selling, General & Administrative |
(2 532)
|
(2 537)
|
(2 508)
|
(2 538)
|
(2 440)
|
(2 451)
|
(2 509)
|
(2 480)
|
(2 508)
|
(2 633)
|
(2 718)
|
(2 825)
|
(2 982)
|
(2 955)
|
(3 027)
|
(3 048)
|
(3 100)
|
(3 103)
|
(3 057)
|
(3 076)
|
(3 146)
|
(3 215)
|
(3 300)
|
(3 397)
|
(3 871)
|
(4 398)
|
(4 931)
|
(5 333)
|
(5 366)
|
(5 468)
|
(5 333)
|
(5 212)
|
(4 973)
|
(4 710)
|
(4 598)
|
(4 608)
|
(4 577)
|
(4 603)
|
(4 654)
|
(4 792)
|
(4 919)
|
|
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)
|
(1)
|
(1)
|
(1)
|
(93)
|
0
|
0
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
|
Operating Income |
1 341
N/A
|
1 486
+11%
|
1 531
+3%
|
1 463
-4%
|
1 515
+4%
|
1 450
-4%
|
1 456
+0%
|
1 520
+4%
|
1 519
0%
|
1 394
-8%
|
1 190
-15%
|
1 063
-11%
|
923
-13%
|
1 151
+25%
|
1 383
+20%
|
1 709
+24%
|
2 223
+30%
|
2 567
+15%
|
3 022
+18%
|
3 366
+11%
|
3 756
+12%
|
4 171
+11%
|
4 429
+6%
|
4 630
+5%
|
4 953
+7%
|
5 218
+5%
|
5 546
+6%
|
5 877
+6%
|
6 218
+6%
|
6 491
+4%
|
6 935
+7%
|
7 481
+8%
|
7 905
+6%
|
8 370
+6%
|
8 650
+3%
|
8 627
0%
|
8 249
-4%
|
7 381
-11%
|
6 521
-12%
|
5 696
-13%
|
5 229
-8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
174
|
146
|
150
|
133
|
115
|
167
|
141
|
128
|
111
|
23
|
11
|
6
|
15
|
21
|
17
|
15
|
4
|
(12)
|
(28)
|
24
|
65
|
67
|
90
|
29
|
11
|
2
|
40
|
41
|
44
|
78
|
31
|
30
|
29
|
62
|
62
|
66
|
66
|
(8)
|
(2)
|
(5)
|
(22)
|
|
Non-Reccuring Items |
0
|
0
|
(97)
|
(112)
|
(120)
|
(129)
|
(33)
|
(69)
|
(60)
|
(67)
|
(236)
|
(273)
|
(370)
|
(360)
|
(416)
|
(671)
|
(719)
|
(717)
|
(504)
|
(162)
|
(27)
|
(31)
|
(60)
|
(62)
|
(81)
|
(72)
|
(31)
|
(29)
|
(16)
|
(2 423)
|
(2 514)
|
(2 514)
|
(2 497)
|
0
|
0
|
0
|
0
|
(7)
|
(39)
|
(39)
|
(176)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
13
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
7
|
6
|
6
|
6
|
17
|
24
|
23
|
30
|
27
|
69
|
74
|
69
|
64
|
22
|
17
|
16
|
34
|
33
|
36
|
47
|
19
|
35
|
34
|
13
|
10
|
15
|
22
|
24
|
10
|
19
|
11
|
9
|
12
|
11
|
10
|
8
|
4
|
4
|
6
|
10
|
10
|
|
Pre-Tax Income |
1 522
N/A
|
1 638
+8%
|
1 589
-3%
|
1 490
-6%
|
1 528
+3%
|
1 513
-1%
|
1 588
+5%
|
1 609
+1%
|
1 596
-1%
|
1 420
-11%
|
1 040
-27%
|
866
-17%
|
631
-27%
|
834
+32%
|
1 000
+20%
|
1 069
+7%
|
1 539
+44%
|
1 871
+22%
|
2 525
+35%
|
3 288
+30%
|
3 825
+16%
|
4 242
+11%
|
4 493
+6%
|
4 610
+3%
|
4 893
+6%
|
5 163
+6%
|
5 576
+8%
|
5 912
+6%
|
6 256
+6%
|
4 164
-33%
|
4 463
+7%
|
5 006
+12%
|
5 449
+9%
|
8 444
+55%
|
8 722
+3%
|
8 701
0%
|
8 319
-4%
|
7 370
-11%
|
6 486
-12%
|
5 662
-13%
|
5 041
-11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(558)
|
(611)
|
(590)
|
(563)
|
(569)
|
(551)
|
(573)
|
(575)
|
(564)
|
(531)
|
(423)
|
(378)
|
(287)
|
(317)
|
(356)
|
(390)
|
(528)
|
(640)
|
(845)
|
(1 041)
|
(1 220)
|
(1 352)
|
(1 422)
|
(1 465)
|
(1 548)
|
(1 641)
|
(1 781)
|
(1 855)
|
(1 988)
|
(1 787)
|
(1 743)
|
(1 914)
|
(2 189)
|
(2 654)
|
(2 825)
|
(2 813)
|
(2 513)
|
(2 195)
|
(1 958)
|
(1 696)
|
(1 640)
|
|
Income from Continuing Operations |
964
|
1 027
|
999
|
928
|
959
|
962
|
1 015
|
1 034
|
1 032
|
888
|
617
|
489
|
345
|
518
|
644
|
678
|
1 010
|
1 231
|
1 681
|
2 247
|
2 605
|
2 890
|
3 071
|
3 145
|
3 345
|
3 522
|
3 795
|
4 057
|
4 268
|
2 378
|
2 721
|
3 092
|
3 260
|
5 790
|
5 897
|
5 888
|
5 806
|
5 175
|
4 528
|
3 966
|
3 401
|
|
Net Income (Common) |
964
N/A
|
1 027
+7%
|
999
-3%
|
928
-7%
|
959
+3%
|
962
+0%
|
1 015
+6%
|
1 034
+2%
|
1 032
0%
|
888
-14%
|
617
-31%
|
489
-21%
|
345
-29%
|
518
+50%
|
644
+24%
|
678
+5%
|
1 010
+49%
|
1 231
+22%
|
1 681
+37%
|
2 247
+34%
|
2 605
+16%
|
2 890
+11%
|
3 071
+6%
|
3 145
+2%
|
3 345
+6%
|
3 522
+5%
|
3 795
+8%
|
4 057
+7%
|
4 268
+5%
|
2 377
-44%
|
2 721
+14%
|
3 092
+14%
|
3 260
+5%
|
5 790
+78%
|
5 897
+2%
|
5 887
0%
|
5 806
-1%
|
5 174
-11%
|
4 527
-13%
|
3 966
-12%
|
3 400
-14%
|
|
EPS (Diluted) |
28.6
N/A
|
30.65
+7%
|
29.91
-2%
|
27.77
-7%
|
29.06
+5%
|
28.89
-1%
|
30.48
+6%
|
31.04
+2%
|
31.03
0%
|
26.75
-14%
|
18.57
-31%
|
14.71
-21%
|
10.39
-29%
|
16.02
+54%
|
20.01
+25%
|
21.13
+6%
|
31.35
+48%
|
38.12
+22%
|
52.04
+37%
|
69.56
+34%
|
80.62
+16%
|
89.42
+11%
|
94.99
+6%
|
97.3
+2%
|
103.47
+6%
|
108.95
+5%
|
117.39
+8%
|
125.48
+7%
|
132.01
+5%
|
73.59
-44%
|
84.08
+14%
|
95.61
+14%
|
100.82
+5%
|
179.05
+78%
|
182.31
+2%
|
181.99
0%
|
179.51
-1%
|
159.95
-11%
|
139.99
-12%
|
122.64
-12%
|
105.13
-14%
|