Seiren Co Ltd
TSE:3569
Income Statement
Earnings Waterfall
Seiren Co Ltd
Revenue
|
138.9B
JPY
|
Cost of Revenue
|
-100.7B
JPY
|
Gross Profit
|
38.2B
JPY
|
Operating Expenses
|
-25.8B
JPY
|
Operating Income
|
12.4B
JPY
|
Other Expenses
|
-2B
JPY
|
Net Income
|
10.4B
JPY
|
Income Statement
Seiren 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 |
93 570
N/A
|
97 982
+5%
|
99 918
+2%
|
101 536
+2%
|
101 968
+0%
|
103 766
+2%
|
104 423
+1%
|
105 934
+1%
|
107 455
+1%
|
107 211
0%
|
107 762
+1%
|
106 746
-1%
|
107 305
+1%
|
108 107
+1%
|
109 771
+2%
|
111 434
+2%
|
113 042
+1%
|
114 773
+2%
|
116 481
+1%
|
119 487
+3%
|
121 109
+1%
|
122 702
+1%
|
123 278
+0%
|
123 464
+0%
|
122 917
0%
|
120 258
-2%
|
111 454
-7%
|
102 937
-8%
|
100 057
-3%
|
98 688
-1%
|
104 990
+6%
|
108 323
+3%
|
107 880
0%
|
109 771
+2%
|
113 225
+3%
|
117 204
+4%
|
127 008
+8%
|
132 364
+4%
|
133 973
+1%
|
138 464
+3%
|
138 888
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(71 989)
|
(74 932)
|
(76 232)
|
(77 752)
|
(78 143)
|
(79 325)
|
(79 423)
|
(80 067)
|
(80 622)
|
(80 061)
|
(79 722)
|
(78 442)
|
(78 648)
|
(79 329)
|
(80 931)
|
(81 967)
|
(82 890)
|
(83 158)
|
(84 477)
|
(87 093)
|
(88 786)
|
(91 272)
|
(91 603)
|
(91 519)
|
(90 883)
|
(88 006)
|
(81 163)
|
(74 638)
|
(71 995)
|
(70 792)
|
(74 926)
|
(76 839)
|
(76 370)
|
(77 647)
|
(80 824)
|
(84 422)
|
(91 260)
|
(95 623)
|
(97 118)
|
(100 020)
|
(100 672)
|
|
Gross Profit |
21 581
N/A
|
23 050
+7%
|
23 686
+3%
|
23 784
+0%
|
23 825
+0%
|
24 441
+3%
|
25 000
+2%
|
25 867
+3%
|
26 833
+4%
|
27 150
+1%
|
28 040
+3%
|
28 304
+1%
|
28 657
+1%
|
28 778
+0%
|
28 840
+0%
|
29 467
+2%
|
30 152
+2%
|
31 615
+5%
|
32 004
+1%
|
32 394
+1%
|
32 323
0%
|
31 430
-3%
|
31 675
+1%
|
31 945
+1%
|
32 034
+0%
|
32 252
+1%
|
30 291
-6%
|
28 299
-7%
|
28 062
-1%
|
27 896
-1%
|
30 064
+8%
|
31 484
+5%
|
31 510
+0%
|
32 124
+2%
|
32 401
+1%
|
32 782
+1%
|
35 748
+9%
|
36 741
+3%
|
36 855
+0%
|
38 444
+4%
|
38 216
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(16 791)
|
(17 201)
|
(17 309)
|
(17 444)
|
(17 593)
|
(17 875)
|
(18 037)
|
(18 393)
|
(18 651)
|
(18 916)
|
(19 163)
|
(19 103)
|
(19 113)
|
(19 130)
|
(19 325)
|
(19 481)
|
(19 781)
|
(20 842)
|
(21 412)
|
(21 584)
|
(21 612)
|
(20 843)
|
(21 245)
|
(21 350)
|
(21 605)
|
(21 750)
|
(20 877)
|
(20 031)
|
(19 652)
|
(19 316)
|
(19 677)
|
(20 284)
|
(20 653)
|
(21 223)
|
(21 670)
|
(22 208)
|
(22 986)
|
(23 910)
|
(24 392)
|
(25 102)
|
(25 791)
|
|
Selling, General & Administrative |
(16 788)
|
(16 203)
|
(17 309)
|
(17 444)
|
(17 594)
|
(11 886)
|
(18 035)
|
(18 391)
|
(18 649)
|
(12 522)
|
(19 162)
|
(19 102)
|
(19 113)
|
(12 885)
|
(19 180)
|
(19 480)
|
(19 780)
|
(14 841)
|
(21 144)
|
(21 583)
|
(21 611)
|
(19 765)
|
(21 247)
|
(21 351)
|
(21 605)
|
(15 540)
|
(20 875)
|
(20 029)
|
(19 651)
|
(13 573)
|
(19 676)
|
(20 284)
|
(20 652)
|
(14 573)
|
(21 836)
|
(22 180)
|
(22 957)
|
(17 398)
|
(24 040)
|
(24 749)
|
(25 439)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5 151)
|
0
|
0
|
0
|
(4 990)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5 049)
|
0
|
0
|
0
|
(4 643)
|
0
|
0
|
0
|
(5 540)
|
0
|
0
|
0
|
(5 408)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
(997)
|
0
|
0
|
0
|
(945)
|
0
|
0
|
0
|
(910)
|
0
|
0
|
0
|
(1 094)
|
0
|
0
|
0
|
(1 010)
|
0
|
0
|
0
|
(1 078)
|
0
|
0
|
0
|
(1 160)
|
0
|
0
|
0
|
(1 099)
|
0
|
0
|
0
|
(1 108)
|
0
|
0
|
0
|
(1 104)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(3)
|
(1)
|
0
|
0
|
0
|
(5 044)
|
(2)
|
0
|
0
|
(5 484)
|
(1)
|
0
|
0
|
0
|
(145)
|
0
|
(1)
|
(1)
|
(268)
|
0
|
(2)
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(2)
|
166
|
(28)
|
(29)
|
0
|
(352)
|
(353)
|
(352)
|
|
Operating Income |
4 790
N/A
|
5 849
+22%
|
6 377
+9%
|
6 340
-1%
|
6 232
-2%
|
6 566
+5%
|
6 963
+6%
|
7 474
+7%
|
8 182
+9%
|
8 234
+1%
|
8 877
+8%
|
9 201
+4%
|
9 544
+4%
|
9 648
+1%
|
9 515
-1%
|
9 986
+5%
|
10 371
+4%
|
10 773
+4%
|
10 592
-2%
|
10 810
+2%
|
10 711
-1%
|
10 587
-1%
|
10 430
-1%
|
10 595
+2%
|
10 429
-2%
|
10 502
+1%
|
9 414
-10%
|
8 268
-12%
|
8 410
+2%
|
8 580
+2%
|
10 387
+21%
|
11 200
+8%
|
10 857
-3%
|
10 901
+0%
|
10 731
-2%
|
10 574
-1%
|
12 762
+21%
|
12 831
+1%
|
12 463
-3%
|
13 342
+7%
|
12 425
-7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
638
|
414
|
373
|
415
|
528
|
621
|
790
|
746
|
658
|
521
|
92
|
189
|
390
|
493
|
783
|
656
|
220
|
(398)
|
(530)
|
104
|
807
|
1 012
|
1 050
|
539
|
144
|
604
|
(102)
|
31
|
(370)
|
(27)
|
609
|
672
|
886
|
604
|
1 310
|
1 968
|
2 652
|
2 192
|
2 179
|
2 075
|
1 347
|
|
Non-Reccuring Items |
131
|
(3)
|
(3)
|
(3)
|
(3)
|
(11)
|
219
|
219
|
220
|
201
|
(29)
|
(30)
|
(30)
|
(144)
|
0
|
(342)
|
(384)
|
(267)
|
0
|
(67)
|
(25)
|
(203)
|
(236)
|
(261)
|
(333)
|
(187)
|
(386)
|
(983)
|
(1 160)
|
(1 183)
|
(1 146)
|
(330)
|
(81)
|
(27)
|
0
|
0
|
0
|
(352)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
(50)
|
(45)
|
(48)
|
(54)
|
(56)
|
(24)
|
(22)
|
(24)
|
(19)
|
0
|
(235)
|
(232)
|
(236)
|
(35)
|
(38)
|
(50)
|
(52)
|
(49)
|
(46)
|
(34)
|
(29)
|
(92)
|
(99)
|
(98)
|
(97)
|
(12)
|
(40)
|
(45)
|
0
|
(69)
|
(27)
|
(26)
|
(29)
|
(195)
|
(217)
|
(222)
|
(221)
|
(35)
|
(21)
|
(12)
|
(19)
|
|
Total Other Income |
168
|
146
|
162
|
149
|
172
|
142
|
141
|
156
|
131
|
(98)
|
129
|
157
|
160
|
140
|
179
|
83
|
131
|
193
|
262
|
372
|
339
|
317
|
264
|
177
|
164
|
165
|
239
|
603
|
743
|
898
|
898
|
613
|
438
|
422
|
388
|
400
|
366
|
321
|
608
|
547
|
520
|
|
Pre-Tax Income |
5 677
N/A
|
6 361
+12%
|
6 861
+8%
|
6 847
0%
|
6 873
+0%
|
7 294
+6%
|
8 091
+11%
|
8 571
+6%
|
9 172
+7%
|
8 858
-3%
|
8 834
0%
|
9 285
+5%
|
9 828
+6%
|
10 102
+3%
|
10 439
+3%
|
10 333
-1%
|
10 286
0%
|
10 252
0%
|
10 278
+0%
|
11 185
+9%
|
11 803
+6%
|
11 621
-2%
|
11 409
-2%
|
10 952
-4%
|
10 307
-6%
|
11 072
+7%
|
9 125
-18%
|
7 874
-14%
|
7 623
-3%
|
8 199
+8%
|
10 721
+31%
|
12 129
+13%
|
12 071
0%
|
11 705
-3%
|
12 212
+4%
|
12 720
+4%
|
15 559
+22%
|
14 957
-4%
|
15 229
+2%
|
15 952
+5%
|
14 273
-11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2 293)
|
(2 125)
|
(2 217)
|
(2 114)
|
(2 279)
|
(2 361)
|
(2 511)
|
(2 690)
|
(2 431)
|
(2 684)
|
(2 713)
|
(2 662)
|
(2 811)
|
(3 045)
|
(3 000)
|
(3 270)
|
(3 309)
|
(3 294)
|
(3 247)
|
(3 319)
|
(3 566)
|
(3 362)
|
(3 344)
|
(3 196)
|
(2 810)
|
(2 492)
|
(2 217)
|
(1 852)
|
(1 647)
|
(1 969)
|
(2 270)
|
(2 609)
|
(2 758)
|
(3 116)
|
(3 380)
|
(3 459)
|
(4 147)
|
(3 874)
|
(3 729)
|
(4 287)
|
(3 843)
|
|
Income from Continuing Operations |
3 384
|
4 236
|
4 644
|
4 733
|
4 594
|
4 933
|
5 580
|
5 881
|
6 741
|
6 174
|
6 121
|
6 623
|
7 017
|
7 057
|
7 439
|
7 063
|
6 977
|
6 958
|
7 031
|
7 866
|
8 237
|
8 259
|
8 065
|
7 756
|
7 497
|
8 580
|
6 908
|
6 022
|
5 976
|
6 230
|
8 451
|
9 520
|
9 313
|
8 589
|
8 832
|
9 261
|
11 412
|
11 083
|
11 500
|
11 665
|
10 430
|
|
Income to Minority Interest |
(52)
|
(32)
|
(35)
|
(34)
|
(39)
|
(34)
|
(42)
|
(49)
|
(50)
|
(43)
|
(36)
|
(29)
|
(20)
|
(31)
|
(30)
|
(30)
|
(31)
|
(26)
|
(25)
|
(30)
|
(33)
|
(31)
|
(45)
|
(41)
|
(22)
|
(28)
|
(12)
|
5
|
7
|
22
|
6
|
(18)
|
(24)
|
(35)
|
(29)
|
(29)
|
(62)
|
(59)
|
(62)
|
(59)
|
(45)
|
|
Net Income (Common) |
3 332
N/A
|
4 204
+26%
|
4 609
+10%
|
4 699
+2%
|
4 555
-3%
|
4 898
+8%
|
5 536
+13%
|
5 831
+5%
|
6 691
+15%
|
6 130
-8%
|
6 085
-1%
|
6 592
+8%
|
6 995
+6%
|
7 025
+0%
|
7 408
+5%
|
7 032
-5%
|
6 944
-1%
|
6 931
0%
|
7 004
+1%
|
7 836
+12%
|
8 204
+5%
|
8 226
+0%
|
8 018
-3%
|
7 713
-4%
|
7 472
-3%
|
8 551
+14%
|
6 896
-19%
|
6 027
-13%
|
5 983
-1%
|
6 252
+4%
|
8 458
+35%
|
9 502
+12%
|
9 288
-2%
|
8 553
-8%
|
8 800
+3%
|
9 229
+5%
|
11 350
+23%
|
11 023
-3%
|
11 437
+4%
|
11 606
+1%
|
10 383
-11%
|
|
EPS (Diluted) |
55.53
N/A
|
70.06
+26%
|
76.81
+10%
|
78.31
+2%
|
75.91
-3%
|
81.9
+8%
|
92.26
+13%
|
97.18
+5%
|
111.51
+15%
|
102.27
-8%
|
101.41
-1%
|
109.87
+8%
|
116.58
+6%
|
116.98
+0%
|
123.46
+6%
|
117.2
-5%
|
115.73
-1%
|
115.24
0%
|
116.73
+1%
|
130.6
+12%
|
136.72
+5%
|
137.67
+1%
|
141.87
+3%
|
137.77
-3%
|
133.48
-3%
|
152.36
+14%
|
123.22
-19%
|
107.63
-13%
|
107.26
0%
|
108.73
+1%
|
135.97
+25%
|
150.56
+11%
|
151.22
+0%
|
137.35
-9%
|
141.23
+3%
|
148.32
+5%
|
183
+23%
|
177.38
-3%
|
184.37
+4%
|
186.91
+1%
|
167.46
-10%
|