Papyless Co Ltd
TSE:3641
Income Statement
Earnings Waterfall
Papyless Co Ltd
Revenue
|
17.5B
JPY
|
Cost of Revenue
|
-9.2B
JPY
|
Gross Profit
|
8.3B
JPY
|
Operating Expenses
|
-8.2B
JPY
|
Operating Income
|
144m
JPY
|
Other Expenses
|
264m
JPY
|
Net Income
|
408m
JPY
|
Income Statement
Papyless 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 |
6 527
N/A
|
6 921
+6%
|
7 424
+7%
|
7 842
+6%
|
8 157
+4%
|
8 425
+3%
|
8 822
+5%
|
9 354
+6%
|
9 873
+6%
|
10 452
+6%
|
11 125
+6%
|
12 019
+8%
|
13 039
+8%
|
14 141
+8%
|
15 014
+6%
|
15 623
+4%
|
16 053
+3%
|
16 202
+1%
|
16 439
+1%
|
17 115
+4%
|
17 926
+5%
|
19 162
+7%
|
20 479
+7%
|
21 452
+5%
|
22 441
+5%
|
23 347
+4%
|
24 085
+3%
|
24 371
+1%
|
24 275
0%
|
23 714
-2%
|
22 939
-3%
|
22 295
-3%
|
21 383
-4%
|
20 700
-3%
|
20 028
-3%
|
19 481
-3%
|
19 123
-2%
|
18 626
-3%
|
18 131
-3%
|
17 818
-2%
|
17 476
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 685)
|
(2 832)
|
(3 041)
|
(3 210)
|
(3 346)
|
(3 501)
|
(3 703)
|
(3 948)
|
(4 196)
|
(4 424)
|
(4 702)
|
(5 086)
|
(5 529)
|
(6 003)
|
(6 400)
|
(6 703)
|
(6 903)
|
(7 011)
|
(7 142)
|
(7 448)
|
(7 844)
|
(8 435)
|
(9 091)
|
(9 607)
|
(10 107)
|
(10 545)
|
(11 070)
|
(11 403)
|
(11 607)
|
(11 553)
|
(11 270)
|
(11 089)
|
(10 760)
|
(10 615)
|
(10 395)
|
(10 212)
|
(10 071)
|
(9 869)
|
(9 625)
|
(9 385)
|
(9 169)
|
|
Gross Profit |
3 842
N/A
|
4 089
+6%
|
4 384
+7%
|
4 632
+6%
|
4 811
+4%
|
4 924
+2%
|
5 118
+4%
|
5 406
+6%
|
5 677
+5%
|
6 028
+6%
|
6 424
+7%
|
6 932
+8%
|
7 510
+8%
|
8 138
+8%
|
8 614
+6%
|
8 920
+4%
|
9 150
+3%
|
9 191
+0%
|
9 297
+1%
|
9 667
+4%
|
10 082
+4%
|
10 727
+6%
|
11 388
+6%
|
11 845
+4%
|
12 334
+4%
|
12 802
+4%
|
13 015
+2%
|
12 968
0%
|
12 668
-2%
|
12 161
-4%
|
11 669
-4%
|
11 206
-4%
|
10 623
-5%
|
10 085
-5%
|
9 633
-4%
|
9 269
-4%
|
9 052
-2%
|
8 757
-3%
|
8 506
-3%
|
8 433
-1%
|
8 307
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 224)
|
(3 429)
|
(3 640)
|
(3 871)
|
(4 068)
|
(4 397)
|
(4 556)
|
(4 770)
|
(4 856)
|
(5 009)
|
(5 351)
|
(5 652)
|
(5 958)
|
(6 481)
|
(6 984)
|
(7 462)
|
(7 899)
|
(7 913)
|
(7 760)
|
(7 870)
|
(8 127)
|
(8 757)
|
(9 669)
|
(10 351)
|
(11 036)
|
(11 270)
|
(11 142)
|
(10 848)
|
(10 072)
|
(9 934)
|
(9 881)
|
(9 874)
|
(9 708)
|
(9 128)
|
(8 836)
|
(8 526)
|
(8 343)
|
(8 332)
|
(8 236)
|
(8 109)
|
(8 163)
|
|
Selling, General & Administrative |
(3 224)
|
(3 396)
|
(3 640)
|
(3 871)
|
(4 068)
|
(4 366)
|
(4 556)
|
(4 770)
|
(4 856)
|
(4 968)
|
(5 348)
|
(5 649)
|
(5 955)
|
(6 409)
|
(6 982)
|
(7 460)
|
(7 897)
|
(7 844)
|
(7 759)
|
(7 870)
|
(8 125)
|
(8 682)
|
(9 668)
|
(10 349)
|
(11 036)
|
(11 175)
|
(11 142)
|
(10 846)
|
(10 071)
|
(9 840)
|
(9 879)
|
(9 874)
|
(9 707)
|
(9 052)
|
(8 837)
|
(8 525)
|
(8 343)
|
(8 242)
|
(8 235)
|
(8 109)
|
(8 163)
|
|
Research & Development |
0
|
(31)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(57)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
(66)
|
0
|
0
|
0
|
(86)
|
0
|
0
|
0
|
(84)
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
(81)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(40)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
0
|
(2)
|
(1)
|
(1)
|
0
|
(2)
|
(1)
|
(1)
|
(2)
|
0
|
(1)
|
0
|
(2)
|
(1)
|
(1)
|
(2)
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
0
|
0
|
0
|
|
Operating Income |
618
N/A
|
661
+7%
|
744
+12%
|
761
+2%
|
743
-2%
|
527
-29%
|
562
+7%
|
636
+13%
|
820
+29%
|
1 019
+24%
|
1 073
+5%
|
1 280
+19%
|
1 552
+21%
|
1 657
+7%
|
1 630
-2%
|
1 458
-11%
|
1 251
-14%
|
1 278
+2%
|
1 537
+20%
|
1 797
+17%
|
1 955
+9%
|
1 970
+1%
|
1 719
-13%
|
1 494
-13%
|
1 298
-13%
|
1 532
+18%
|
1 873
+22%
|
2 120
+13%
|
2 596
+22%
|
2 227
-14%
|
1 788
-20%
|
1 332
-26%
|
915
-31%
|
957
+5%
|
797
-17%
|
743
-7%
|
709
-5%
|
425
-40%
|
270
-36%
|
324
+20%
|
144
-56%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
32
|
20
|
16
|
28
|
32
|
19
|
29
|
1
|
(16)
|
(31)
|
(70)
|
(58)
|
3
|
4
|
46
|
66
|
9
|
(32)
|
(16)
|
(6)
|
(42)
|
14
|
(32)
|
(57)
|
(2)
|
(50)
|
(31)
|
(40)
|
(84)
|
55
|
65
|
85
|
166
|
243
|
419
|
518
|
238
|
107
|
113
|
90
|
190
|
|
Total Other Income |
30
|
20
|
21
|
21
|
16
|
15
|
16
|
2
|
2
|
11
|
(2)
|
(20)
|
(20)
|
(21)
|
(20)
|
8
|
7
|
6
|
5
|
6
|
5
|
9
|
6
|
6
|
6
|
9
|
9
|
9
|
10
|
6
|
9
|
9
|
9
|
8
|
7
|
6
|
6
|
5
|
11
|
(67)
|
(67)
|
|
Pre-Tax Income |
681
N/A
|
701
+3%
|
781
+11%
|
810
+4%
|
791
-2%
|
561
-29%
|
607
+8%
|
640
+5%
|
807
+26%
|
999
+24%
|
1 001
+0%
|
1 202
+20%
|
1 535
+28%
|
1 640
+7%
|
1 656
+1%
|
1 532
-7%
|
1 267
-17%
|
1 252
-1%
|
1 526
+22%
|
1 797
+18%
|
1 918
+7%
|
1 993
+4%
|
1 693
-15%
|
1 443
-15%
|
1 302
-10%
|
1 491
+15%
|
1 851
+24%
|
2 089
+13%
|
2 522
+21%
|
2 288
-9%
|
1 862
-19%
|
1 426
-23%
|
1 090
-24%
|
1 208
+11%
|
1 223
+1%
|
1 267
+4%
|
953
-25%
|
537
-44%
|
394
-27%
|
347
-12%
|
267
-23%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(254)
|
(267)
|
(292)
|
(300)
|
(291)
|
(206)
|
(222)
|
(238)
|
(297)
|
(372)
|
(369)
|
(430)
|
(524)
|
(533)
|
(541)
|
(508)
|
(424)
|
(410)
|
(491)
|
(567)
|
(621)
|
(655)
|
(567)
|
(500)
|
(466)
|
(524)
|
(628)
|
(688)
|
(803)
|
(744)
|
(626)
|
(506)
|
(412)
|
(455)
|
(473)
|
(491)
|
(384)
|
120
|
156
|
131
|
123
|
|
Income from Continuing Operations |
426
|
434
|
490
|
511
|
501
|
355
|
385
|
402
|
509
|
627
|
632
|
772
|
1 011
|
1 107
|
1 115
|
1 024
|
843
|
842
|
1 035
|
1 230
|
1 297
|
1 338
|
1 126
|
943
|
836
|
967
|
1 223
|
1 401
|
1 719
|
1 544
|
1 236
|
920
|
678
|
753
|
750
|
776
|
569
|
657
|
550
|
478
|
390
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
14
|
24
|
26
|
32
|
28
|
27
|
26
|
23
|
18
|
10
|
8
|
7
|
7
|
10
|
9
|
7
|
5
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
(1)
|
0
|
0
|
0
|
5
|
6
|
18
|
|
Net Income (Common) |
426
N/A
|
434
+2%
|
490
+13%
|
511
+4%
|
501
-2%
|
355
-29%
|
388
+9%
|
405
+5%
|
523
+29%
|
651
+24%
|
659
+1%
|
804
+22%
|
1 040
+29%
|
1 134
+9%
|
1 140
+1%
|
1 048
-8%
|
860
-18%
|
853
-1%
|
1 043
+22%
|
1 236
+19%
|
1 306
+6%
|
1 348
+3%
|
1 136
-16%
|
951
-16%
|
841
-12%
|
967
+15%
|
1 222
+26%
|
1 400
+15%
|
1 718
+23%
|
1 542
-10%
|
1 233
-20%
|
915
-26%
|
674
-26%
|
751
+11%
|
747
-1%
|
774
+4%
|
567
-27%
|
657
+16%
|
556
-15%
|
485
-13%
|
408
-16%
|
|
EPS (Diluted) |
41.78
N/A
|
43.4
+4%
|
48.01
+11%
|
50.55
+5%
|
50.07
-1%
|
35.32
-29%
|
39.14
+11%
|
41.36
+6%
|
52.83
+28%
|
66
+25%
|
66.57
+1%
|
81.2
+22%
|
105.03
+29%
|
114.58
+9%
|
115.15
+0%
|
104.8
-9%
|
86.86
-17%
|
85.81
-1%
|
105.35
+23%
|
124.84
+19%
|
131.22
+5%
|
135.59
+3%
|
114.2
-16%
|
95.37
-16%
|
84.57
-11%
|
96.91
+15%
|
123.53
+27%
|
141.84
+15%
|
172.92
+22%
|
155.47
-10%
|
124.16
-20%
|
92.89
-25%
|
70.76
-24%
|
77.82
+10%
|
81.39
+5%
|
84.14
+3%
|
61.53
-27%
|
71.49
+16%
|
57.43
-20%
|
48.08
-16%
|
40.77
-15%
|