Hokuetsu Corp
TSE:3865
Income Statement
Earnings Waterfall
Hokuetsu Corp
Revenue
|
310.8B
JPY
|
Cost of Revenue
|
-245.6B
JPY
|
Gross Profit
|
65.2B
JPY
|
Operating Expenses
|
-46.7B
JPY
|
Operating Income
|
18.6B
JPY
|
Other Expenses
|
-6.9B
JPY
|
Net Income
|
11.7B
JPY
|
Income Statement
Hokuetsu Corp
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 |
215 697
N/A
|
223 886
+4%
|
226 680
+1%
|
227 299
+0%
|
229 244
+1%
|
228 400
0%
|
230 899
+1%
|
234 686
+2%
|
236 680
+1%
|
246 849
+4%
|
255 623
+4%
|
261 831
+2%
|
266 770
+2%
|
262 398
-2%
|
263 446
+0%
|
262 524
0%
|
266 723
+2%
|
269 099
+1%
|
270 270
+0%
|
271 473
+0%
|
274 553
+1%
|
275 807
+0%
|
279 000
+1%
|
277 702
0%
|
271 504
-2%
|
264 618
-3%
|
244 496
-8%
|
231 208
-5%
|
224 396
-3%
|
222 454
-1%
|
233 302
+5%
|
245 540
+5%
|
254 842
+4%
|
261 616
+3%
|
265 173
+1%
|
271 413
+2%
|
283 334
+4%
|
301 204
+6%
|
310 634
+3%
|
315 191
+1%
|
310 826
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(183 435)
|
(189 762)
|
(191 465)
|
(191 396)
|
(192 101)
|
(190 817)
|
(192 209)
|
(195 215)
|
(196 783)
|
(203 036)
|
(207 488)
|
(210 981)
|
(213 023)
|
(209 628)
|
(210 126)
|
(211 162)
|
(213 981)
|
(216 846)
|
(219 258)
|
(222 057)
|
(226 170)
|
(224 668)
|
(224 384)
|
(221 256)
|
(215 631)
|
(213 143)
|
(201 762)
|
(192 707)
|
(188 302)
|
(183 978)
|
(187 964)
|
(190 693)
|
(194 229)
|
(200 490)
|
(204 695)
|
(215 713)
|
(225 385)
|
(237 186)
|
(242 973)
|
(242 667)
|
(245 582)
|
|
Gross Profit |
32 262
N/A
|
34 124
+6%
|
35 215
+3%
|
35 903
+2%
|
37 143
+3%
|
37 583
+1%
|
38 690
+3%
|
39 471
+2%
|
39 897
+1%
|
43 813
+10%
|
48 135
+10%
|
50 850
+6%
|
53 747
+6%
|
52 770
-2%
|
53 320
+1%
|
51 362
-4%
|
52 742
+3%
|
52 253
-1%
|
51 012
-2%
|
49 416
-3%
|
48 383
-2%
|
51 139
+6%
|
54 616
+7%
|
56 446
+3%
|
55 873
-1%
|
51 475
-8%
|
42 734
-17%
|
38 501
-10%
|
36 094
-6%
|
38 476
+7%
|
45 338
+18%
|
54 847
+21%
|
60 613
+11%
|
61 126
+1%
|
60 478
-1%
|
55 700
-8%
|
57 949
+4%
|
64 018
+10%
|
67 661
+6%
|
72 524
+7%
|
65 244
-10%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(28 774)
|
(29 013)
|
(29 228)
|
(29 440)
|
(30 113)
|
(30 573)
|
(31 224)
|
(31 847)
|
(32 000)
|
(34 577)
|
(36 617)
|
(38 923)
|
(40 638)
|
(39 870)
|
(40 210)
|
(40 087)
|
(40 564)
|
(40 839)
|
(40 611)
|
(40 627)
|
(40 813)
|
(41 009)
|
(41 324)
|
(40 952)
|
(40 621)
|
(40 267)
|
(38 738)
|
(37 847)
|
(37 205)
|
(36 775)
|
(37 645)
|
(39 092)
|
(39 549)
|
(40 671)
|
(49 446)
|
(50 057)
|
(44 363)
|
(46 730)
|
(46 863)
|
(47 139)
|
(46 672)
|
|
Selling, General & Administrative |
(30 556)
|
(30 794)
|
(30 998)
|
(31 202)
|
(31 427)
|
(31 443)
|
(31 659)
|
(31 846)
|
(32 000)
|
(33 867)
|
(36 616)
|
(38 922)
|
(40 636)
|
(39 091)
|
(40 209)
|
(40 086)
|
(40 562)
|
(40 126)
|
(40 611)
|
(40 627)
|
(40 814)
|
(40 225)
|
(41 323)
|
(40 951)
|
(40 620)
|
(40 266)
|
(38 737)
|
(37 847)
|
(37 205)
|
(36 773)
|
(37 642)
|
(39 089)
|
(39 545)
|
(40 670)
|
(41 081)
|
(42 048)
|
(44 364)
|
(46 729)
|
(46 862)
|
(47 137)
|
(46 670)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
(768)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(778)
|
0
|
0
|
0
|
(713)
|
0
|
0
|
0
|
(783)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
1 782
|
1 782
|
1 772
|
1 762
|
1 316
|
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
|
|
Other Operating Expenses |
0
|
(1)
|
(2)
|
0
|
0
|
1 638
|
435
|
0
|
0
|
(710)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
0
|
0
|
0
|
1
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
0
|
0
|
(2)
|
(3)
|
(3)
|
(4)
|
(1)
|
(8 365)
|
(8 009)
|
1
|
(1)
|
0
|
(2)
|
(2)
|
|
Operating Income |
3 488
N/A
|
5 111
+47%
|
5 987
+17%
|
6 463
+8%
|
7 030
+9%
|
7 010
0%
|
7 466
+7%
|
7 624
+2%
|
7 897
+4%
|
9 236
+17%
|
11 518
+25%
|
11 927
+4%
|
13 109
+10%
|
12 900
-2%
|
13 110
+2%
|
11 275
-14%
|
12 178
+8%
|
11 414
-6%
|
10 401
-9%
|
8 789
-15%
|
7 570
-14%
|
10 130
+34%
|
13 292
+31%
|
15 494
+17%
|
15 252
-2%
|
11 208
-27%
|
3 996
-64%
|
654
-84%
|
(1 111)
N/A
|
1 701
N/A
|
7 693
+352%
|
15 755
+105%
|
21 064
+34%
|
20 455
-3%
|
11 032
-46%
|
5 643
-49%
|
13 586
+141%
|
17 288
+27%
|
20 798
+20%
|
25 385
+22%
|
18 572
-27%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1 106
|
1 987
|
2 240
|
2 949
|
3 366
|
4 247
|
4 638
|
3 464
|
2 411
|
1 153
|
(841)
|
(1 103)
|
2 884
|
1 807
|
3 881
|
5 661
|
1 750
|
2 198
|
3 398
|
2 391
|
1 572
|
2 180
|
759
|
2 076
|
4 224
|
4 103
|
5 398
|
4 342
|
10 281
|
11 268
|
11 128
|
11 790
|
6 416
|
8 020
|
8 278
|
5 668
|
835
|
(5 404)
|
(6 066)
|
(4 575)
|
(1 375)
|
|
Non-Reccuring Items |
(277)
|
(478)
|
(484)
|
(350)
|
109
|
(44)
|
(130)
|
(242)
|
(174)
|
(141)
|
(50)
|
(47)
|
(57)
|
(12)
|
0
|
5
|
(28)
|
1 963
|
1 971
|
1 956
|
1 998
|
(59)
|
(89)
|
(600)
|
(7 042)
|
(1 477)
|
(2 578)
|
(1 666)
|
4 366
|
(663)
|
527
|
(222)
|
137
|
(8 288)
|
0
|
0
|
(6 439)
|
2 108
|
2 157
|
1 845
|
12
|
|
Gain/Loss on Disposition of Assets |
381
|
(272)
|
(335)
|
(508)
|
(497)
|
(538)
|
(500)
|
(689)
|
(749)
|
0
|
(751)
|
(1 323)
|
(1 488)
|
(1 557)
|
(1 352)
|
(1 412)
|
(2 373)
|
(2 396)
|
(2 746)
|
(1 990)
|
(956)
|
(885)
|
(835)
|
(1 035)
|
(1 009)
|
(1 695)
|
(1 751)
|
(1 666)
|
0
|
(1 082)
|
1 995
|
6 213
|
6 064
|
6 112
|
3 394
|
(845)
|
(400)
|
(54)
|
(241)
|
(188)
|
(769)
|
|
Total Other Income |
1 968
|
1 484
|
388
|
198
|
308
|
207
|
930
|
343
|
(619)
|
(427)
|
(490)
|
322
|
(240)
|
(624)
|
(391)
|
(167)
|
1 172
|
342
|
748
|
153
|
121
|
1 337
|
1 142
|
1 417
|
997
|
572
|
548
|
633
|
(868)
|
2 107
|
2 053
|
2 736
|
3 646
|
1 059
|
822
|
192
|
(711)
|
(181)
|
(162)
|
(153)
|
110
|
|
Pre-Tax Income |
6 666
N/A
|
7 832
+17%
|
7 796
0%
|
8 752
+12%
|
10 316
+18%
|
10 882
+5%
|
12 404
+14%
|
10 500
-15%
|
8 766
-17%
|
9 821
+12%
|
9 386
-4%
|
9 776
+4%
|
14 208
+45%
|
12 514
-12%
|
15 248
+22%
|
15 362
+1%
|
12 699
-17%
|
13 521
+6%
|
13 772
+2%
|
11 299
-18%
|
10 305
-9%
|
12 703
+23%
|
14 269
+12%
|
17 352
+22%
|
12 422
-28%
|
12 711
+2%
|
5 613
-56%
|
2 297
-59%
|
12 668
+452%
|
13 331
+5%
|
23 396
+76%
|
36 272
+55%
|
37 327
+3%
|
27 358
-27%
|
23 526
-14%
|
10 658
-55%
|
6 871
-36%
|
13 757
+100%
|
16 486
+20%
|
22 314
+35%
|
16 550
-26%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 626)
|
(1 566)
|
(1 561)
|
(1 874)
|
(2 350)
|
(2 513)
|
(3 260)
|
(2 953)
|
(2 880)
|
(2 627)
|
(1 759)
|
(1 481)
|
(2 437)
|
(2 219)
|
(3 261)
|
(2 856)
|
(2 199)
|
(3 019)
|
(3 446)
|
(3 624)
|
(3 438)
|
(3 743)
|
(4 109)
|
(4 465)
|
(4 248)
|
(4 609)
|
93
|
1 167
|
200
|
938
|
(4 123)
|
(7 767)
|
(7 886)
|
(6 085)
|
(6 052)
|
(3 553)
|
(4 253)
|
(5 354)
|
(5 449)
|
(6 444)
|
(4 761)
|
|
Income from Continuing Operations |
5 040
|
6 266
|
6 235
|
6 878
|
7 966
|
8 369
|
9 144
|
7 547
|
5 886
|
7 194
|
7 627
|
8 295
|
11 771
|
10 295
|
11 987
|
12 506
|
10 500
|
10 502
|
10 326
|
7 675
|
6 867
|
8 960
|
10 160
|
12 887
|
8 174
|
8 102
|
5 706
|
3 464
|
12 868
|
14 269
|
19 273
|
28 505
|
29 441
|
21 273
|
17 474
|
7 105
|
2 618
|
8 403
|
11 037
|
15 870
|
11 789
|
|
Income to Minority Interest |
5
|
(23)
|
(21)
|
(26)
|
(41)
|
(10)
|
22
|
113
|
229
|
282
|
227
|
195
|
128
|
85
|
28
|
(39)
|
(100)
|
(174)
|
(99)
|
(43)
|
139
|
195
|
160
|
145
|
13
|
(28)
|
(32)
|
(73)
|
(99)
|
(97)
|
(93)
|
(75)
|
(69)
|
(66)
|
(76)
|
(58)
|
(68)
|
(78)
|
(79)
|
(100)
|
(100)
|
|
Net Income (Common) |
5 045
N/A
|
6 243
+24%
|
6 213
0%
|
6 849
+10%
|
7 925
+16%
|
8 359
+5%
|
9 166
+10%
|
7 662
-16%
|
6 115
-20%
|
7 476
+22%
|
7 854
+5%
|
8 491
+8%
|
11 901
+40%
|
10 380
-13%
|
12 014
+16%
|
12 465
+4%
|
10 398
-17%
|
10 327
-1%
|
10 227
-1%
|
7 632
-25%
|
7 006
-8%
|
9 155
+31%
|
10 319
+13%
|
13 032
+26%
|
8 186
-37%
|
8 072
-1%
|
5 671
-30%
|
3 387
-40%
|
12 768
+277%
|
14 172
+11%
|
19 181
+35%
|
28 432
+48%
|
29 371
+3%
|
21 206
-28%
|
17 397
-18%
|
7 046
-59%
|
2 549
-64%
|
8 325
+227%
|
10 958
+32%
|
15 769
+44%
|
11 689
-26%
|
|
EPS (Diluted) |
24.73
N/A
|
31.21
+26%
|
32.87
+5%
|
36.23
+10%
|
41.93
+16%
|
44.31
+6%
|
48.49
+9%
|
40.53
-16%
|
32.35
-20%
|
39.61
+22%
|
41.55
+5%
|
44.92
+8%
|
62.96
+40%
|
54.95
-13%
|
63.56
+16%
|
65.95
+4%
|
55.01
-17%
|
54.58
-1%
|
54.11
-1%
|
40.38
-25%
|
37.06
-8%
|
48.37
+31%
|
54.5
+13%
|
68.83
+26%
|
43.29
-37%
|
43.39
+0%
|
33.72
-22%
|
20.16
-40%
|
75.93
+277%
|
84.27
+11%
|
114.05
+35%
|
169.13
+48%
|
174.59
+3%
|
126.09
-28%
|
103.4
-18%
|
41.92
-59%
|
15.14
-64%
|
49.48
+227%
|
65.14
+32%
|
93.75
+44%
|
69.51
-26%
|