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Hikari Business Form Co Ltd
TSE:3948

Watchlist Manager
Hikari Business Form Co Ltd
TSE:3948
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Price: 1 230 JPY -1.44%
Market Cap: ¥7.2B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-35%
5Y
+7%
10Y
+11%
Operating Income
+
3Y
-90%
5Y
-55%
10Y
-6%
Net Income
+
3Y
-88%
5Y
-57%
10Y
-6%

Earnings Waterfall
Hikari Business Form Co Ltd

Income Statement
Hikari Business Form Co Ltd

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Income Statement
Currency: JPY
Sep-2006 Mar-2007 Jun-2007 Sep-2007 Mar-2008 Jun-2008 Sep-2008 Mar-2009 Jun-2009 Sep-2009 Mar-2010 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 Dec-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
3
0
0
5
0
10
21
15
20
19
17
16
14
13
13
12
12
12
12
12
13
13
13
12
12
13
13
14
14
14
14
15
16
17
18
18
18
18
18
19
19
20
20
20
19
18
17
15
15
15
15
15
14
12
11
10
9
8
7
6
5
5
4
4
0
0
0
Revenue
5 081
N/A
5 154
+1%
5 170
+0%
5 247
+1%
5 287
+1%
5 540
+5%
5 845
+6%
5 835
0%
5 861
+0%
5 436
-7%
5 292
-3%
5 143
-3%
5 204
+1%
6 833
+31%
6 780
-1%
6 707
-1%
6 710
+0%
6 749
+1%
6 774
+0%
6 666
-2%
6 509
-2%
6 525
+0%
6 607
+1%
6 880
+4%
7 158
+4%
7 241
+1%
7 355
+2%
7 299
-1%
7 138
-2%
7 005
-2%
6 841
-2%
6 842
+0%
6 850
+0%
6 983
+2%
7 001
+0%
7 138
+2%
7 082
-1%
6 993
-1%
7 056
+1%
6 960
-1%
7 009
+1%
7 101
+1%
7 036
-1%
7 055
+0%
6 936
-2%
6 881
-1%
6 793
-1%
6 913
+2%
7 446
+8%
7 411
0%
7 455
+1%
7 441
0%
7 127
-4%
7 257
+2%
7 490
+3%
8 081
+8%
9 128
+13%
9 565
+5%
11 139
+16%
11 492
+3%
11 296
-2%
11 995
+6%
11 289
-6%
11 014
-2%
10 682
-3%
9 876
-8%
9 061
-8%
8 167
-10%
8 004
-2%
7 915
-1%
7 635
-4%
7 919
+4%
7 779
-2%
7 744
0%
Gross Profit
Cost of Revenue
(3 488)
(3 562)
(3 585)
(3 682)
(3 734)
(3 897)
(3 970)
(3 969)
(3 973)
(3 880)
(3 862)
(3 907)
(3 945)
(5 248)
(5 321)
(5 317)
(5 364)
(5 436)
(5 316)
(5 261)
(5 164)
(5 116)
(5 163)
(5 415)
(5 579)
(5 665)
(5 859)
(5 777)
(5 740)
(5 702)
(5 585)
(5 593)
(5 590)
(5 704)
(5 715)
(5 797)
(5 756)
(5 689)
(5 723)
(5 641)
(5 659)
(5 706)
(5 665)
(5 667)
(5 569)
(5 531)
(5 450)
(5 506)
(5 865)
(5 709)
(5 686)
(5 679)
(5 389)
(5 540)
(5 676)
(6 187)
(6 836)
(7 035)
(8 041)
(8 128)
(8 028)
(8 549)
(7 911)
(7 701)
(7 612)
(7 152)
(6 882)
(6 447)
(6 396)
(6 301)
(6 137)
(6 328)
(6 139)
(6 093)
Gross Profit
1 593
N/A
1 592
0%
1 585
0%
1 565
-1%
1 553
-1%
1 642
+6%
1 875
+14%
1 866
0%
1 888
+1%
1 556
-18%
1 430
-8%
1 236
-14%
1 259
+2%
1 585
+26%
1 459
-8%
1 391
-5%
1 346
-3%
1 313
-2%
1 458
+11%
1 405
-4%
1 345
-4%
1 409
+5%
1 444
+2%
1 465
+1%
1 579
+8%
1 576
0%
1 496
-5%
1 522
+2%
1 398
-8%
1 303
-7%
1 256
-4%
1 249
-1%
1 261
+1%
1 279
+1%
1 286
+1%
1 341
+4%
1 326
-1%
1 304
-2%
1 333
+2%
1 320
-1%
1 350
+2%
1 395
+3%
1 371
-2%
1 388
+1%
1 367
-2%
1 351
-1%
1 342
-1%
1 407
+5%
1 581
+12%
1 702
+8%
1 770
+4%
1 762
0%
1 738
-1%
1 716
-1%
1 814
+6%
1 894
+4%
2 292
+21%
2 530
+10%
3 098
+22%
3 364
+9%
3 268
-3%
3 446
+5%
3 379
-2%
3 314
-2%
3 070
-7%
2 724
-11%
2 180
-20%
1 720
-21%
1 608
-7%
1 614
+0%
1 498
-7%
1 591
+6%
1 640
+3%
1 651
+1%
Operating Income
Operating Expenses
(951)
(942)
(930)
(912)
(902)
(901)
(889)
(894)
(915)
(932)
(947)
(917)
(911)
(1 204)
(1 187)
(1 170)
(1 148)
(1 139)
(1 127)
(1 119)
(1 108)
(1 103)
(1 110)
(1 134)
(1 142)
(1 138)
(1 123)
(1 096)
(1 081)
(1 067)
(1 056)
(1 055)
(1 057)
(1 063)
(1 069)
(1 078)
(1 085)
(1 087)
(1 117)
(1 150)
(1 181)
(1 199)
(1 198)
(1 187)
(1 175)
(1 182)
(1 203)
(1 231)
(1 270)
(1 285)
(1 295)
(1 298)
(1 274)
(1 271)
(1 258)
(1 283)
(1 321)
(1 331)
(1 396)
(1 404)
(1 401)
(1 478)
(1 476)
(1 470)
(1 493)
(1 454)
(1 442)
(1 445)
(1 450)
(1 436)
(1 442)
(1 442)
(1 433)
(1 449)
Selling, General & Administrative
(951)
(942)
(931)
(912)
(902)
(901)
(889)
(894)
(915)
(932)
(947)
(917)
(911)
(1 175)
(1 187)
(1 171)
(1 148)
(1 113)
(1 127)
(1 119)
(1 108)
(1 078)
(1 111)
(1 134)
(1 142)
(1 117)
(1 123)
(1 096)
(1 081)
(1 050)
(1 054)
(1 055)
(1 057)
(1 044)
(1 069)
(1 078)
(1 085)
(1 068)
(1 117)
(1 150)
(1 181)
(1 180)
(1 198)
(1 187)
(1 175)
(1 160)
(1 203)
(1 231)
(1 270)
(1 263)
(1 295)
(1 298)
(1 274)
(1 249)
(1 258)
(1 283)
(1 321)
(1 314)
(1 396)
(1 404)
(1 401)
(1 463)
(1 476)
(1 470)
(1 493)
(1 440)
(1 442)
(1 445)
(1 450)
(1 429)
(1 442)
(1 442)
(1 433)
(1 441)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
(30)
0
0
0
(26)
0
0
0
(25)
0
0
0
(21)
0
0
0
(17)
0
0
0
(19)
0
0
0
(19)
0
0
0
(19)
0
0
0
(22)
0
0
0
(22)
0
0
0
(22)
0
0
0
(17)
0
0
0
(15)
0
0
0
(14)
0
0
0
(6)
0
0
0
(7)
Other Operating Expenses
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
(3)
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)
Operating Income
642
N/A
650
+1%
655
+1%
653
0%
651
0%
741
+14%
986
+33%
972
-1%
972
+0%
624
-36%
483
-23%
319
-34%
349
+9%
381
+9%
271
-29%
221
-19%
198
-10%
175
-12%
331
+90%
286
-14%
237
-17%
306
+29%
334
+9%
331
-1%
437
+32%
438
+0%
373
-15%
426
+14%
317
-26%
236
-25%
200
-16%
195
-3%
204
+5%
216
+6%
217
+1%
262
+21%
241
-8%
216
-10%
216
0%
170
-21%
169
0%
196
+16%
173
-12%
201
+16%
193
-4%
168
-13%
139
-17%
176
+26%
311
+77%
416
+34%
474
+14%
464
-2%
464
0%
446
-4%
556
+25%
611
+10%
971
+59%
1 200
+24%
1 702
+42%
1 960
+15%
1 867
-5%
1 969
+5%
1 902
-3%
1 843
-3%
1 577
-14%
1 270
-19%
738
-42%
275
-63%
158
-42%
179
+13%
56
-69%
149
+168%
208
+39%
202
-3%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
(2)
0
(0)
(0)
(0)
(5)
(8)
(11)
(4)
(2)
3
3
(3)
(2)
1
9
24
29
52
37
30
38
29
26
47
36
42
37
19
19
26
24
19
17
29
25
34
75
57
72
65
24
36
18
26
21
15
30
16
21
29
15
17
18
10
11
33
33
44
32
18
20
66
67
58
59
21
Non-Reccuring Items
(37)
(39)
(3)
2
4
(62)
(66)
(73)
(1)
(1)
13
(12)
32
31
(9)
9
(22)
(51)
(39)
(54)
(53)
(14)
4
17
2
(43)
(42)
(42)
(43)
(2)
0
(2)
(25)
(17)
(31)
(54)
(14)
(10)
(5)
(290)
(305)
(309)
(311)
(3)
(5)
(9)
(23)
(24)
(23)
(3)
(5)
(1)
9
(3)
13
9
(59)
(57)
(170)
(178)
(123)
(117)
(221)
(223)
(221)
(228)
(12)
(0)
(0)
(2)
(2)
(2)
(4)
(33)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
1
1
1
0
(3)
(3)
2
0
5
5
1
1
(1)
(1)
(1)
(1)
1
(1)
(0)
(1)
(6)
(6)
(6)
(6)
(0)
(2)
(2)
(2)
(2)
(0)
1
1
1
45
0
44
44
(0)
0
0
0
0
0
0
0
(1)
0
12
12
12
0
0
0
0
0
0
0
0
1
1
1
1
0
10
10
10
Total Other Income
16
16
18
14
12
8
10
11
8
11
11
10
7
9
8
4
(1)
18
24
19
24
(2)
(1)
4
5
8
12
15
24
13
21
19
11
6
12
15
17
12
25
25
22
9
57
18
18
14
13
11
11
11
11
8
5
4
25
24
28
25
19
2
0
1
15
19
20
16
22
19
28
22
68
70
62
59
Pre-Tax Income
621
N/A
627
+1%
670
+7%
669
0%
667
0%
688
+3%
930
+35%
907
-2%
981
+8%
635
-35%
509
-20%
317
-38%
380
+20%
410
+8%
261
-36%
231
-12%
179
-23%
149
-16%
321
+115%
249
-22%
206
-17%
292
+42%
344
+18%
375
+9%
473
+26%
455
-4%
380
-17%
429
+13%
330
-23%
271
-18%
240
-11%
253
+5%
225
-11%
243
+8%
232
-5%
241
+4%
262
+9%
245
-7%
260
+6%
(76)
N/A
(95)
-26%
(30)
+68%
(56)
-84%
294
N/A
324
+10%
230
-29%
202
-12%
227
+12%
323
+42%
461
+43%
499
+8%
497
0%
499
+0%
461
-8%
623
+35%
672
+8%
971
+45%
1 208
+24%
1 566
+30%
1 801
+15%
1 762
-2%
1 862
+6%
1 707
-8%
1 673
-2%
1 408
-16%
1 101
-22%
780
-29%
314
-60%
208
-34%
266
+28%
188
-29%
285
+52%
334
+17%
259
-23%
Net Income
Tax Provision
(262)
(264)
(276)
(273)
(273)
(289)
(398)
(394)
(421)
(280)
(229)
(148)
(294)
(310)
(271)
(257)
(114)
(93)
(142)
(122)
(105)
(152)
(173)
(175)
(214)
(191)
(159)
(175)
(123)
(111)
(84)
(68)
(78)
(82)
(86)
(105)
(102)
(87)
(87)
(72)
(68)
(19)
(17)
(31)
(40)
(95)
(88)
(95)
(125)
(166)
(175)
(178)
(175)
(106)
(155)
(163)
(274)
(389)
(498)
(573)
(543)
(590)
(542)
(531)
(451)
(353)
(254)
(116)
(83)
(104)
(86)
(110)
(139)
(107)
Income from Continuing Operations
359
363
394
396
394
399
532
514
560
355
280
169
86
100
(10)
(26)
65
57
178
126
101
140
171
199
260
265
220
254
207
160
156
185
147
161
146
136
160
158
173
(148)
(163)
(49)
(73)
264
284
135
115
133
198
295
324
319
324
355
467
508
698
819
1 068
1 228
1 219
1 272
1 164
1 141
957
748
526
197
125
161
102
176
195
152
Net Income (Common)
358
N/A
360
+1%
393
+9%
397
+1%
398
+0%
400
+0%
529
+32%
511
-3%
557
+9%
355
-36%
280
-21%
169
-40%
86
-49%
100
+16%
(10)
N/A
(26)
-167%
65
N/A
57
-13%
178
+215%
126
-29%
101
-20%
140
+39%
171
+22%
199
+16%
260
+30%
265
+2%
220
-17%
254
+15%
207
-19%
160
-22%
156
-3%
185
+19%
147
-21%
161
+10%
146
-9%
136
-7%
160
+18%
158
-1%
173
+10%
(148)
N/A
(163)
-10%
(49)
+70%
(73)
-48%
264
N/A
284
+8%
135
-52%
115
-15%
133
+16%
198
+50%
295
+49%
324
+10%
319
-2%
324
+2%
355
+9%
467
+32%
508
+9%
698
+37%
819
+17%
1 068
+30%
1 228
+15%
1 219
-1%
1 272
+4%
1 164
-8%
1 141
-2%
957
-16%
748
-22%
526
-30%
197
-62%
125
-37%
161
+29%
102
-37%
176
+72%
195
+11%
152
-22%
EPS (Diluted)
61.72
N/A
62.06
+1%
66.66
+7%
68.44
+3%
68.62
+0%
67.77
-1%
91.2
+35%
88.01
-3%
94.37
+7%
61.2
-35%
48.34
-21%
28.57
-41%
14.86
-48%
17.29
+16%
-1.65
N/A
-4.41
-167%
11.15
N/A
9.75
-13%
30.72
+215%
21.79
-29%
17.32
-21%
24.1
+39%
29.51
+22%
34.36
+16%
44.75
+30%
45.6
+2%
37.98
-17%
43.75
+15%
35.6
-19%
27.71
-22%
26.84
-3%
31.94
+19%
25.36
-21%
27.88
+10%
25.18
-10%
23.43
-7%
27.58
+18%
27.3
-1%
29.84
+9%
-25.46
N/A
-28.03
-10%
-8.53
+70%
-12.58
-47%
45.6
N/A
49.13
+8%
23.36
-52%
19.82
-15%
22.92
+16%
34.33
+50%
51.07
+49%
56.09
+10%
55.2
-2%
56.08
+2%
61.32
+9%
80.98
+32%
88.51
+9%
121.32
+37%
142.4
+17%
185.75
+30%
213.22
+15%
211.54
-1%
221.01
+4%
203.63
-8%
202.6
-1%
170.54
-16%
132.72
-22%
94.3
-29%
35.33
-63%
22.32
-37%
28.87
+29%
18.46
-36%
31.77
+72%
35.88
+13%
27.73
-23%

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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