Hard Off Corporation Co Ltd
TSE:2674

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Hard Off Corporation Co Ltd Logo
Hard Off Corporation Co Ltd
TSE:2674
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Price: 2 011 JPY -0.2% Market Closed
Market Cap: 28.1B JPY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+35%
5Y
+79%
10Y
+96%
Operating Income
+
3Y
+42%
5Y
+273%
10Y
+59%
Net Income
+
3Y
+61%
5Y
+604%
10Y
+52%

Earnings Waterfall
Hard Off Corporation Co Ltd

Revenue
34.6B JPY
Cost of Revenue
-10.9B JPY
Gross Profit
23.7B JPY
Operating Expenses
-20.7B JPY
Operating Income
3B JPY
Other Expenses
-796.5m JPY
Net Income
2.2B JPY

Income Statement
Hard Off Corporation Co Ltd

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Income Statement
Currency: JPY
Mar-2006 Jun-2006 Sep-2006 Dec-2006 Jun-2007 Sep-2007 Dec-2007 Jun-2008 Sep-2008 Dec-2008 Jun-2009 Sep-2009 Dec-2009 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 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 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
7
0
0
0
0
0
0
0
0
0
0
0
0
4
5
6
7
5
0
5
7
6
7
7
7
7
7
7
9
10
10
10
8
8
8
8
8
8
8
7
7
7
7
7
7
7
7
7
7
7
6
6
7
9
9
11
12
12
12
12
11
11
10
10
9
8
8
8
10
10
12
15
18
0
0
Revenue
7 876
N/A
7 878
+0%
7 996
+1%
8 090
+1%
6 335
-22%
6 573
+4%
6 816
+4%
6 916
+1%
7 026
+2%
7 080
+1%
7 161
+1%
7 211
+1%
7 271
+1%
7 368
+1%
7 491
+2%
7 695
+3%
10 226
+33%
10 443
+2%
10 775
+3%
11 183
+4%
11 507
+3%
11 692
+2%
11 728
+0%
11 764
+0%
12 025
+2%
12 280
+2%
12 633
+3%
13 054
+3%
14 214
+9%
14 992
+5%
15 819
+6%
16 686
+5%
16 825
+1%
17 240
+2%
17 628
+2%
18 035
+2%
18 190
+1%
18 361
+1%
18 291
0%
18 271
0%
18 264
0%
18 261
0%
18 476
+1%
18 556
+0%
18 520
0%
18 511
0%
18 410
-1%
18 518
+1%
18 869
+2%
19 243
+2%
19 505
+1%
19 361
-1%
19 350
0%
19 132
-1%
19 341
+1%
20 446
+6%
21 270
+4%
22 519
+6%
23 399
+4%
23 865
+2%
24 507
+3%
25 102
+2%
25 734
+3%
26 338
+2%
27 041
+3%
27 658
+2%
28 249
+2%
29 089
+3%
30 105
+3%
31 210
+4%
32 093
+3%
32 857
+2%
33 531
+2%
33 903
+1%
34 623
+2%
Gross Profit
Cost of Revenue
(2 463)
(2 465)
(2 475)
(2 519)
(1 943)
(2 079)
(2 211)
(2 384)
(2 446)
(2 422)
(2 274)
(2 228)
(2 227)
(2 309)
(2 358)
(2 446)
(3 266)
(3 278)
(3 320)
(3 369)
(3 369)
(3 376)
(3 352)
(3 333)
(3 396)
(3 484)
(3 597)
(3 755)
(4 151)
(4 375)
(4 630)
(4 884)
(4 905)
(5 002)
(5 105)
(5 211)
(5 234)
(5 302)
(5 281)
(5 329)
(5 322)
(5 343)
(5 418)
(5 430)
(5 436)
(5 429)
(5 393)
(5 459)
(5 574)
(5 735)
(5 915)
(5 904)
(6 003)
(6 014)
(6 034)
(6 397)
(6 700)
(7 045)
(7 416)
(7 532)
(7 664)
(7 819)
(8 031)
(8 223)
(8 449)
(8 644)
(8 809)
(9 077)
(9 447)
(9 846)
(10 085)
(10 318)
(10 534)
(10 624)
(10 910)
Gross Profit
5 412
N/A
5 414
+0%
5 521
+2%
5 571
+1%
4 392
-21%
4 494
+2%
4 605
+2%
4 532
-2%
4 581
+1%
4 659
+2%
4 887
+5%
4 984
+2%
5 044
+1%
5 059
+0%
5 133
+1%
5 248
+2%
6 960
+33%
7 165
+3%
7 455
+4%
7 815
+5%
8 138
+4%
8 316
+2%
8 376
+1%
8 431
+1%
8 629
+2%
8 796
+2%
9 037
+3%
9 299
+3%
10 063
+8%
10 617
+6%
11 189
+5%
11 802
+5%
11 920
+1%
12 238
+3%
12 523
+2%
12 825
+2%
12 956
+1%
13 059
+1%
13 010
0%
12 942
-1%
12 941
0%
12 918
0%
13 058
+1%
13 126
+1%
13 084
0%
13 082
0%
13 017
0%
13 059
+0%
13 295
+2%
13 508
+2%
13 590
+1%
13 457
-1%
13 347
-1%
13 118
-2%
13 308
+1%
14 049
+6%
14 570
+4%
15 474
+6%
15 984
+3%
16 333
+2%
16 843
+3%
17 283
+3%
17 703
+2%
18 115
+2%
18 592
+3%
19 014
+2%
19 440
+2%
20 012
+3%
20 659
+3%
21 364
+3%
22 008
+3%
22 539
+2%
22 997
+2%
23 279
+1%
23 713
+2%
Operating Income
Operating Expenses
(4 203)
(4 237)
(4 360)
(4 494)
(3 458)
(3 593)
(3 730)
(3 872)
(3 922)
(3 973)
(4 020)
(4 193)
(4 302)
(4 435)
(4 450)
(4 542)
(6 089)
(6 132)
(6 329)
(6 512)
(6 756)
(6 918)
(6 999)
(7 127)
(7 243)
(7 439)
(7 642)
(7 881)
(8 531)
(9 066)
(9 689)
(10 214)
(10 311)
(10 522)
(10 633)
(10 737)
(10 909)
(11 050)
(11 175)
(11 394)
(11 491)
(11 757)
(11 750)
(11 784)
(11 834)
(12 255)
(11 894)
(12 098)
(12 269)
(12 477)
(12 604)
(12 545)
(12 516)
(12 470)
(12 500)
(13 119)
(13 775)
(14 694)
(15 079)
(15 195)
(15 312)
(15 375)
(15 573)
(15 818)
(16 280)
(16 841)
(17 099)
(17 494)
(17 855)
(18 353)
(18 755)
(19 229)
(19 779)
(20 241)
(20 699)
Selling, General & Administrative
(4 047)
(4 237)
(4 302)
(4 493)
(3 458)
(3 650)
(3 730)
(3 872)
(3 922)
(3 973)
(4 020)
(4 192)
(4 302)
(4 435)
(4 450)
(4 542)
(5 853)
(6 132)
(6 329)
(6 511)
(6 757)
(6 918)
(6 999)
(7 127)
(7 243)
(7 439)
(7 642)
(7 881)
(8 531)
(9 067)
(9 689)
(10 214)
(10 311)
(10 522)
(10 633)
(10 737)
(10 909)
(11 050)
(11 175)
(11 394)
(11 491)
(11 643)
(11 750)
(11 784)
(11 834)
(11 848)
(11 894)
(12 098)
(12 269)
(12 477)
(12 604)
(12 545)
(12 516)
(12 470)
(12 500)
(13 119)
(13 775)
(14 414)
(15 079)
(15 195)
(15 312)
(15 375)
(15 573)
(15 818)
(16 280)
(16 753)
(17 099)
(17 494)
(17 855)
(18 271)
(18 755)
(19 229)
(19 768)
(20 241)
(20 699)
Depreciation & Amortization
(156)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(237)
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(10)
0
0
Other Operating Expenses
0
0
(58)
0
0
57
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)
(115)
0
0
(0)
(407)
0
0
(0)
(0)
0
(0)
(0)
(0)
(0)
(0)
(0)
(280)
0
0
0
0
0
0
(0)
(88)
(0)
(0)
(0)
(82)
(0)
0
(0)
0
(0)
Operating Income
1 209
N/A
1 177
-3%
1 161
-1%
1 078
-7%
934
-13%
901
-3%
875
-3%
660
-25%
658
0%
685
+4%
867
+27%
791
-9%
742
-6%
624
-16%
683
+10%
707
+3%
871
+23%
1 033
+19%
1 126
+9%
1 303
+16%
1 382
+6%
1 399
+1%
1 377
-2%
1 304
-5%
1 386
+6%
1 357
-2%
1 395
+3%
1 417
+2%
1 532
+8%
1 550
+1%
1 501
-3%
1 588
+6%
1 609
+1%
1 716
+7%
1 890
+10%
2 088
+10%
2 047
-2%
2 009
-2%
1 835
-9%
1 548
-16%
1 451
-6%
1 160
-20%
1 308
+13%
1 343
+3%
1 250
-7%
827
-34%
1 124
+36%
961
-15%
1 026
+7%
1 031
+0%
985
-4%
912
-7%
832
-9%
648
-22%
808
+25%
930
+15%
796
-14%
780
-2%
905
+16%
1 138
+26%
1 531
+34%
1 907
+25%
2 129
+12%
2 297
+8%
2 312
+1%
2 173
-6%
2 342
+8%
2 518
+8%
2 804
+11%
3 011
+7%
3 253
+8%
3 310
+2%
3 218
-3%
3 037
-6%
3 014
-1%
Pre-Tax Income
Interest Income Expense
8
0
0
0
0
0
0
4
(44)
(46)
(29)
(4)
0
(3)
9
6
4
17
67
68
63
84
11
(32)
(4)
45
74
105
88
67
70
97
69
61
69
68
66
78
74
71
73
46
46
51
40
43
36
32
105
115
114
112
29
20
4
(5)
125
213
247
248
136
45
59
72
86
92
98
86
65
71
70
73
68
71
68
Non-Reccuring Items
(19)
(53)
16
16
(93)
(42)
(42)
(41)
(34)
(47)
(64)
(73)
(63)
(132)
(97)
(79)
(239)
(155)
502
489
634
623
(70)
(73)
(60)
410
387
386
350
(109)
(40)
(39)
213
201
166
230
(149)
(134)
(99)
(165)
(112)
0
(116)
(120)
(407)
0
(453)
(473)
(387)
(298)
(294)
(332)
(226)
(315)
(278)
(250)
(280)
0
(303)
(340)
(166)
(165)
(141)
(148)
(87)
0
(99)
(87)
(82)
0
(128)
(61)
(170)
(171)
(128)
Gain/Loss on Disposition of Assets
0
0
0
(1)
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
110
110
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
0
0
Total Other Income
16
24
(14)
1
(7)
38
25
25
20
15
21
20
26
19
20
23
27
29
25
28
57
43
52
49
50
53
60
64
79
94
102
118
205
205
102
111
148
136
122
102
83
79
76
76
86
89
98
103
97
101
99
106
110
92
82
107
94
94
108
79
108
109
105
103
115
128
128
145
122
110
105
112
117
113
113
Pre-Tax Income
1 214
N/A
1 147
-5%
1 164
+1%
1 094
-6%
833
-24%
896
+7%
859
-4%
648
-24%
600
-7%
607
+1%
796
+31%
734
-8%
705
-4%
509
-28%
616
+21%
656
+6%
663
+1%
924
+39%
1 721
+86%
1 889
+10%
2 136
+13%
2 148
+1%
1 369
-36%
1 249
-9%
1 372
+10%
1 864
+36%
1 916
+3%
1 972
+3%
2 050
+4%
1 602
-22%
1 743
+9%
1 874
+8%
2 097
+12%
2 183
+4%
2 227
+2%
2 497
+12%
2 112
-15%
2 089
-1%
1 932
-8%
1 555
-20%
1 495
-4%
1 285
-14%
1 313
+2%
1 349
+3%
969
-28%
959
-1%
806
-16%
624
-23%
841
+35%
949
+13%
905
-5%
798
-12%
745
-7%
445
-40%
616
+38%
782
+27%
734
-6%
1 086
+48%
957
-12%
1 125
+17%
1 608
+43%
1 896
+18%
2 152
+14%
2 324
+8%
2 426
+4%
2 394
-1%
2 469
+3%
2 662
+8%
2 909
+9%
3 193
+10%
3 300
+3%
3 435
+4%
3 233
-6%
3 051
-6%
3 067
+1%
Net Income
Tax Provision
(565)
(549)
(462)
(448)
(282)
(393)
(370)
(282)
(266)
(276)
(348)
(322)
(310)
(231)
(275)
(292)
(405)
(509)
(816)
(898)
(906)
(895)
(611)
(560)
(578)
(756)
(759)
(767)
(848)
(701)
(766)
(797)
(778)
(787)
(773)
(833)
(779)
(753)
(701)
(590)
(584)
(523)
(543)
(550)
(404)
(404)
(359)
(301)
(347)
(376)
(373)
(349)
(356)
(269)
(303)
(362)
(386)
(454)
(425)
(465)
(558)
(682)
(757)
(837)
(759)
(751)
(778)
(828)
(798)
(905)
(930)
(946)
(913)
(850)
(846)
Income from Continuing Operations
649
599
701
647
551
503
489
366
334
331
448
412
396
277
341
364
258
415
904
990
1 230
1 253
758
689
794
1 108
1 157
1 205
1 202
901
977
1 077
1 318
1 395
1 454
1 664
1 333
1 336
1 231
966
911
763
770
799
566
555
447
323
494
573
532
449
389
176
313
420
348
633
532
660
1 049
1 214
1 396
1 487
1 667
1 643
1 691
1 834
2 111
2 288
2 370
2 489
2 320
2 201
2 220
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
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
2
2
0
(2)
(1)
(3)
(7)
(9)
(15)
(13)
(13)
(17)
(18)
(21)
(18)
(12)
(13)
(14)
(6)
(10)
(3)
Net Income (Common)
635
N/A
586
-8%
688
+18%
634
-8%
551
-13%
503
-9%
489
-3%
366
-25%
334
-9%
331
-1%
448
+35%
412
-8%
396
-4%
277
-30%
341
+23%
364
+7%
258
-29%
415
+61%
904
+118%
990
+10%
1 230
+24%
1 253
+2%
758
-40%
689
-9%
794
+15%
1 108
+40%
1 157
+4%
1 205
+4%
1 202
0%
901
-25%
977
+8%
1 077
+10%
1 318
+22%
1 395
+6%
1 454
+4%
1 664
+14%
1 333
-20%
1 336
+0%
1 231
-8%
966
-22%
911
-6%
763
-16%
770
+1%
799
+4%
566
-29%
555
-2%
447
-19%
323
-28%
494
+53%
573
+16%
532
-7%
449
-16%
389
-13%
177
-55%
315
+78%
422
+34%
348
-17%
631
+81%
531
-16%
657
+24%
1 042
+59%
1 205
+16%
1 381
+15%
1 475
+7%
1 654
+12%
1 626
-2%
1 672
+3%
1 812
+8%
2 093
+15%
2 276
+9%
2 357
+4%
2 475
+5%
2 314
-6%
2 191
-5%
2 218
+1%
EPS (Diluted)
45.35
N/A
41.82
-8%
48.81
+17%
45.25
-7%
39.36
-13%
35.67
-9%
34.9
-2%
26.15
-25%
23.67
-9%
23.97
+1%
33.18
+38%
30.32
-9%
29.29
-3%
20.54
-30%
25.25
+23%
26.94
+7%
19.84
-26%
30.71
+55%
66.48
+116%
73.35
+10%
94.61
+29%
92.8
-2%
56.11
-40%
51.05
-9%
61.07
+20%
82.06
+34%
85.72
+4%
89.25
+4%
92.46
+4%
66.73
-28%
72.34
+8%
79.79
+10%
97.75
+23%
103.34
+6%
107.73
+4%
123.22
+14%
98.82
-20%
98.94
+0%
91.19
-8%
71.54
-22%
67.55
-6%
56.49
-16%
57.04
+1%
59.2
+4%
41.94
-29%
41.08
-2%
33.11
-19%
23.96
-28%
36.63
+53%
42.51
+16%
39.46
-7%
33.32
-16%
28.88
-13%
13.16
-54%
23.78
+81%
30.37
+28%
25.6
-16%
45.44
+78%
38.29
-16%
47.31
+24%
75.06
+59%
86.8
+16%
99.46
+15%
106.24
+7%
119.14
+12%
116.97
-2%
120.34
+3%
130.41
+8%
150.62
+15%
163.78
+9%
169.63
+4%
178.07
+5%
166.52
-6%
157.64
-5%
159.59
+1%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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