Systems Engineering Consultants Co Ltd
TSE:3741
Income Statement
Earnings Waterfall
Systems Engineering Consultants Co Ltd
Revenue
|
8.2B
JPY
|
Cost of Revenue
|
-5.7B
JPY
|
Gross Profit
|
2.5B
JPY
|
Operating Expenses
|
-1.1B
JPY
|
Operating Income
|
1.5B
JPY
|
Other Expenses
|
-409m
JPY
|
Net Income
|
1B
JPY
|
Income Statement
Systems Engineering Consultants 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 |
4 247
N/A
|
4 250
+0%
|
4 180
-2%
|
4 053
-3%
|
4 077
+1%
|
4 100
+1%
|
4 150
+1%
|
4 293
+3%
|
4 384
+2%
|
4 615
+5%
|
4 681
+1%
|
4 573
-2%
|
4 513
-1%
|
4 424
-2%
|
4 469
+1%
|
4 683
+5%
|
4 941
+6%
|
5 175
+5%
|
5 397
+4%
|
5 631
+4%
|
5 826
+3%
|
5 981
+3%
|
6 026
+1%
|
6 129
+2%
|
6 236
+2%
|
6 344
+2%
|
6 345
+0%
|
6 410
+1%
|
6 481
+1%
|
6 526
+1%
|
6 545
+0%
|
6 466
-1%
|
6 502
+1%
|
6 560
+1%
|
6 809
+4%
|
7 032
+3%
|
7 214
+3%
|
7 489
+4%
|
7 709
+3%
|
8 035
+4%
|
8 249
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 036)
|
(3 065)
|
(3 021)
|
(2 955)
|
(2 940)
|
(2 920)
|
(2 955)
|
(3 025)
|
(3 151)
|
(3 438)
|
(3 475)
|
(3 459)
|
(3 355)
|
(3 292)
|
(3 311)
|
(3 427)
|
(3 606)
|
(3 743)
|
(3 886)
|
(4 048)
|
(4 218)
|
(4 311)
|
(4 353)
|
(4 379)
|
(4 441)
|
(4 569)
|
(4 608)
|
(4 664)
|
(4 687)
|
(4 677)
|
(4 655)
|
(4 582)
|
(4 603)
|
(4 585)
|
(4 766)
|
(4 927)
|
(5 052)
|
(5 247)
|
(5 367)
|
(5 602)
|
(5 740)
|
|
Gross Profit |
1 211
N/A
|
1 185
-2%
|
1 158
-2%
|
1 098
-5%
|
1 137
+4%
|
1 180
+4%
|
1 196
+1%
|
1 268
+6%
|
1 233
-3%
|
1 177
-4%
|
1 206
+2%
|
1 114
-8%
|
1 159
+4%
|
1 132
-2%
|
1 159
+2%
|
1 255
+8%
|
1 335
+6%
|
1 432
+7%
|
1 510
+5%
|
1 582
+5%
|
1 608
+2%
|
1 671
+4%
|
1 673
+0%
|
1 750
+5%
|
1 795
+3%
|
1 775
-1%
|
1 737
-2%
|
1 746
+0%
|
1 795
+3%
|
1 849
+3%
|
1 890
+2%
|
1 884
0%
|
1 899
+1%
|
1 975
+4%
|
2 043
+3%
|
2 106
+3%
|
2 161
+3%
|
2 242
+4%
|
2 342
+4%
|
2 433
+4%
|
2 509
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(552)
|
(534)
|
(537)
|
(546)
|
(536)
|
(523)
|
(514)
|
(505)
|
(512)
|
(535)
|
(576)
|
(623)
|
(654)
|
(698)
|
(710)
|
(748)
|
(767)
|
(811)
|
(835)
|
(838)
|
(840)
|
(847)
|
(861)
|
(858)
|
(856)
|
(844)
|
(846)
|
(833)
|
(834)
|
(838)
|
(865)
|
(892)
|
(906)
|
(912)
|
(937)
|
(953)
|
(974)
|
(1 026)
|
(1 031)
|
(1 035)
|
(1 057)
|
|
Selling, General & Administrative |
(552)
|
(458)
|
(537)
|
(546)
|
(536)
|
(468)
|
(514)
|
(505)
|
(512)
|
(516)
|
(577)
|
(623)
|
(654)
|
(659)
|
(709)
|
(747)
|
(766)
|
(721)
|
(835)
|
(838)
|
(840)
|
(760)
|
(861)
|
(858)
|
(856)
|
(770)
|
(846)
|
(833)
|
(834)
|
(787)
|
(865)
|
(892)
|
(906)
|
(856)
|
(937)
|
(953)
|
(974)
|
(953)
|
(1 031)
|
(1 035)
|
(1 057)
|
|
Research & Development |
0
|
(74)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(88)
|
0
|
0
|
0
|
(85)
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
(66)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(18)
|
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 |
659
N/A
|
652
-1%
|
621
-5%
|
552
-11%
|
601
+9%
|
656
+9%
|
682
+4%
|
763
+12%
|
721
-6%
|
642
-11%
|
629
-2%
|
490
-22%
|
504
+3%
|
433
-14%
|
449
+4%
|
508
+13%
|
569
+12%
|
621
+9%
|
676
+9%
|
744
+10%
|
767
+3%
|
823
+7%
|
812
-1%
|
892
+10%
|
940
+5%
|
931
-1%
|
891
-4%
|
913
+2%
|
961
+5%
|
1 011
+5%
|
1 025
+1%
|
992
-3%
|
993
+0%
|
1 063
+7%
|
1 106
+4%
|
1 153
+4%
|
1 187
+3%
|
1 216
+2%
|
1 311
+8%
|
1 398
+7%
|
1 452
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
7
|
5
|
5
|
4
|
4
|
4
|
5
|
5
|
6
|
5
|
5
|
5
|
5
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
5
|
5
|
5
|
6
|
52
|
51
|
51
|
51
|
1
|
1
|
0
|
4
|
1
|
1
|
1
|
5
|
5
|
6
|
7
|
|
Non-Reccuring Items |
(13)
|
(5)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(40)
|
(40)
|
(40)
|
(40)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
37
|
51
|
58
|
63
|
56
|
45
|
39
|
28
|
21
|
13
|
15
|
17
|
18
|
18
|
20
|
21
|
40
|
59
|
65
|
73
|
68
|
60
|
63
|
66
|
64
|
63
|
59
|
51
|
45
|
39
|
41
|
40
|
41
|
41
|
49
|
53
|
59
|
58
|
61
|
59
|
57
|
|
Pre-Tax Income |
690
N/A
|
703
+2%
|
683
-3%
|
619
-9%
|
662
+7%
|
706
+7%
|
726
+3%
|
796
+10%
|
747
-6%
|
661
-12%
|
649
-2%
|
511
-21%
|
527
+3%
|
456
-13%
|
475
+4%
|
535
+13%
|
614
+15%
|
686
+12%
|
747
+9%
|
824
+10%
|
841
+2%
|
889
+6%
|
881
-1%
|
963
+9%
|
1 009
+5%
|
1 000
-1%
|
961
-4%
|
976
+2%
|
1 017
+4%
|
1 060
+4%
|
1 066
+1%
|
1 033
-3%
|
1 034
+0%
|
1 107
+7%
|
1 155
+4%
|
1 206
+4%
|
1 248
+3%
|
1 279
+2%
|
1 378
+8%
|
1 462
+6%
|
1 516
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(263)
|
(275)
|
(265)
|
(239)
|
(251)
|
(256)
|
(260)
|
(281)
|
(260)
|
(214)
|
(209)
|
(161)
|
(162)
|
(142)
|
(160)
|
(180)
|
(190)
|
(217)
|
(224)
|
(242)
|
(260)
|
(276)
|
(273)
|
(298)
|
(312)
|
(312)
|
(300)
|
(303)
|
(314)
|
(333)
|
(335)
|
(325)
|
(326)
|
(327)
|
(342)
|
(357)
|
(370)
|
(400)
|
(430)
|
(456)
|
(473)
|
|
Income from Continuing Operations |
427
|
428
|
418
|
380
|
411
|
450
|
466
|
515
|
487
|
446
|
441
|
350
|
366
|
314
|
315
|
355
|
425
|
468
|
524
|
582
|
581
|
614
|
608
|
665
|
697
|
688
|
661
|
673
|
702
|
728
|
732
|
708
|
708
|
780
|
814
|
849
|
877
|
879
|
947
|
1 006
|
1 043
|
|
Net Income (Common) |
427
N/A
|
428
+0%
|
418
-2%
|
380
-9%
|
411
+8%
|
450
+10%
|
466
+3%
|
515
+11%
|
487
-5%
|
446
-8%
|
441
-1%
|
350
-21%
|
366
+4%
|
314
-14%
|
315
+0%
|
355
+13%
|
425
+20%
|
468
+10%
|
524
+12%
|
582
+11%
|
581
0%
|
614
+6%
|
608
-1%
|
665
+9%
|
697
+5%
|
688
-1%
|
661
-4%
|
673
+2%
|
702
+4%
|
728
+4%
|
732
+1%
|
708
-3%
|
708
+0%
|
780
+10%
|
814
+4%
|
849
+4%
|
877
+3%
|
879
+0%
|
947
+8%
|
1 006
+6%
|
1 043
+4%
|
|
EPS (Diluted) |
83.62
N/A
|
83.98
+0%
|
81.96
-2%
|
74.54
-9%
|
80.58
+8%
|
87.98
+9%
|
91.29
+4%
|
100.94
+11%
|
95.45
-5%
|
87.19
-9%
|
86.45
-1%
|
68.7
-21%
|
71.66
+4%
|
61.41
-14%
|
61.76
+1%
|
69.6
+13%
|
83.23
+20%
|
91.48
+10%
|
102.64
+12%
|
114.07
+11%
|
113.49
-1%
|
119.88
+6%
|
118.75
-1%
|
129.86
+9%
|
136.09
+5%
|
134.37
-1%
|
129.37
-4%
|
131.75
+2%
|
137.4
+4%
|
142.39
+4%
|
143.18
+1%
|
138.36
-3%
|
138.43
+0%
|
152.56
+10%
|
159.45
+5%
|
166.7
+5%
|
172.26
+3%
|
172.49
+0%
|
186.02
+8%
|
197.41
+6%
|
204.68
+4%
|