Santen Pharmaceutical Co Ltd
TSE:4536
Income Statement
Earnings Waterfall
Santen Pharmaceutical Co Ltd
Revenue
|
302.1B
JPY
|
Cost of Revenue
|
-119.1B
JPY
|
Gross Profit
|
183B
JPY
|
Operating Expenses
|
-134B
JPY
|
Operating Income
|
49B
JPY
|
Other Expenses
|
-21.3B
JPY
|
Net Income
|
27.7B
JPY
|
Income Statement
Santen Pharmaceutical 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 |
139 587
N/A
|
148 663
+7%
|
145 633
-2%
|
148 917
+2%
|
154 116
+3%
|
161 831
+5%
|
176 119
+9%
|
187 784
+7%
|
194 233
+3%
|
195 291
+1%
|
197 322
+1%
|
195 247
-1%
|
196 754
+1%
|
199 096
+1%
|
205 039
+3%
|
212 042
+3%
|
217 021
+2%
|
224 942
+4%
|
225 476
+0%
|
228 511
+1%
|
229 560
+0%
|
234 026
+2%
|
236 679
+1%
|
238 457
+1%
|
243 142
+2%
|
241 555
-1%
|
239 982
-1%
|
241 685
+1%
|
241 015
0%
|
249 605
+4%
|
257 028
+3%
|
259 459
+1%
|
263 620
+2%
|
266 257
+1%
|
266 804
+0%
|
266 413
0%
|
270 242
+1%
|
279 037
+3%
|
285 893
+2%
|
295 928
+4%
|
302 084
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(54 317)
|
(58 104)
|
(57 440)
|
(56 780)
|
(56 212)
|
(56 373)
|
(60 654)
|
(66 287)
|
(71 674)
|
(72 829)
|
(73 355)
|
(73 164)
|
(73 731)
|
(74 966)
|
(78 152)
|
(81 101)
|
(83 483)
|
(86 378)
|
(87 819)
|
(89 179)
|
(90 042)
|
(90 764)
|
(91 862)
|
(93 294)
|
(95 307)
|
(94 831)
|
(95 452)
|
(96 234)
|
(96 371)
|
(98 221)
|
(100 404)
|
(101 383)
|
(105 028)
|
(109 671)
|
(111 153)
|
(112 706)
|
(112 417)
|
(112 950)
|
(114 569)
|
(116 504)
|
(119 101)
|
|
Gross Profit |
85 270
N/A
|
90 559
+6%
|
88 193
-3%
|
92 137
+4%
|
97 904
+6%
|
105 458
+8%
|
115 465
+9%
|
121 497
+5%
|
122 559
+1%
|
122 462
0%
|
123 967
+1%
|
122 083
-2%
|
123 023
+1%
|
124 130
+1%
|
126 887
+2%
|
130 941
+3%
|
133 538
+2%
|
138 564
+4%
|
137 657
-1%
|
139 332
+1%
|
139 518
+0%
|
143 262
+3%
|
144 817
+1%
|
145 163
+0%
|
147 835
+2%
|
146 724
-1%
|
144 530
-1%
|
145 451
+1%
|
144 644
-1%
|
151 384
+5%
|
156 624
+3%
|
158 076
+1%
|
158 592
+0%
|
156 586
-1%
|
155 651
-1%
|
153 707
-1%
|
157 825
+3%
|
166 087
+5%
|
171 324
+3%
|
179 424
+5%
|
182 983
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(57 613)
|
(63 245)
|
(60 209)
|
(61 541)
|
(64 699)
|
(70 084)
|
(75 177)
|
(34 973)
|
(38 757)
|
(42 282)
|
(43 775)
|
(88 501)
|
(89 776)
|
(91 651)
|
(93 163)
|
(96 210)
|
(98 460)
|
(99 762)
|
(101 006)
|
(100 855)
|
(97 257)
|
(101 872)
|
(100 489)
|
(101 878)
|
(107 451)
|
(106 864)
|
(112 224)
|
(112 241)
|
(113 146)
|
(113 828)
|
(143 297)
|
(145 769)
|
(146 929)
|
(120 609)
|
(120 587)
|
(155 647)
|
(158 466)
|
(130 787)
|
(169 997)
|
(136 560)
|
(133 962)
|
|
Selling, General & Administrative |
(48 487)
|
(44 104)
|
(38 166)
|
(35 207)
|
(37 213)
|
(48 074)
|
(52 030)
|
(54 617)
|
(57 416)
|
(58 382)
|
(60 194)
|
(60 557)
|
(60 922)
|
(62 193)
|
(63 149)
|
(65 131)
|
(67 114)
|
(68 788)
|
(69 905)
|
(70 586)
|
(70 507)
|
(71 273)
|
(71 146)
|
(71 220)
|
(72 884)
|
(73 360)
|
(72 864)
|
(73 180)
|
(73 346)
|
(79 554)
|
(84 450)
|
(85 964)
|
(87 056)
|
(84 499)
|
(83 479)
|
(87 142)
|
(89 677)
|
(96 257)
|
(97 895)
|
(97 135)
|
(95 504)
|
|
Research & Development |
(9 040)
|
(19 040)
|
(8 491)
|
(12 590)
|
(12 466)
|
(17 477)
|
(17 993)
|
(18 550)
|
(19 294)
|
0
|
(20 560)
|
(21 050)
|
(21 636)
|
(22 786)
|
(23 241)
|
(24 224)
|
(24 752)
|
(24 398)
|
(24 405)
|
(23 621)
|
(23 595)
|
(23 759)
|
(24 315)
|
(24 208)
|
(23 821)
|
(23 341)
|
(22 783)
|
(23 052)
|
0
|
(24 112)
|
(18 087)
|
(18 798)
|
(25 262)
|
(26 377)
|
(27 355)
|
(28 305)
|
(29 256)
|
(28 297)
|
(27 499)
|
(26 490)
|
(24 822)
|
|
Depreciation & Amortization |
(85)
|
(100)
|
(871)
|
(2 071)
|
(3 374)
|
(4 798)
|
(5 349)
|
(5 681)
|
(5 953)
|
(7 229)
|
(6 359)
|
(6 374)
|
(6 377)
|
(6 412)
|
(6 482)
|
(6 567)
|
(6 647)
|
(6 740)
|
(6 823)
|
(6 889)
|
(6 977)
|
(6 988)
|
(7 726)
|
(8 451)
|
(9 167)
|
(9 898)
|
(9 869)
|
(9 840)
|
(10 230)
|
(10 650)
|
(10 623)
|
(10 559)
|
(10 161)
|
(9 734)
|
(9 867)
|
(10 112)
|
(9 703)
|
(9 518)
|
(9 292)
|
(9 051)
|
(9 375)
|
|
Other Operating Expenses |
(1)
|
(1)
|
(12 681)
|
(11 673)
|
(11 646)
|
265
|
195
|
43 875
|
43 906
|
23 329
|
43 338
|
(520)
|
(841)
|
(260)
|
(291)
|
(288)
|
53
|
164
|
127
|
241
|
3 822
|
148
|
2 698
|
2 001
|
(1 579)
|
(265)
|
(6 708)
|
(6 169)
|
(29 570)
|
488
|
(30 137)
|
(30 448)
|
(24 450)
|
1
|
114
|
(30 088)
|
(29 830)
|
3 285
|
(35 311)
|
(3 884)
|
(4 261)
|
|
Operating Income |
27 657
N/A
|
27 314
-1%
|
27 984
+2%
|
30 596
+9%
|
33 205
+9%
|
35 374
+7%
|
40 288
+14%
|
86 524
+115%
|
83 802
-3%
|
80 180
-4%
|
80 192
+0%
|
33 582
-58%
|
33 247
-1%
|
32 479
-2%
|
33 724
+4%
|
34 731
+3%
|
35 078
+1%
|
38 802
+11%
|
36 651
-6%
|
38 477
+5%
|
42 261
+10%
|
41 390
-2%
|
44 328
+7%
|
43 285
-2%
|
40 384
-7%
|
39 860
-1%
|
32 306
-19%
|
33 210
+3%
|
31 498
-5%
|
37 556
+19%
|
13 327
-65%
|
12 307
-8%
|
11 663
-5%
|
35 977
+208%
|
35 064
-3%
|
(1 940)
N/A
|
(641)
+67%
|
35 300
N/A
|
1 327
-96%
|
42 864
+3 130%
|
49 021
+14%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1 201
|
994
|
167
|
438
|
(287)
|
489
|
843
|
134
|
215
|
(665)
|
(1 695)
|
(2 567)
|
(4 317)
|
(2 406)
|
(1 840)
|
(871)
|
597
|
747
|
(16)
|
(110)
|
(134)
|
(519)
|
(1 663)
|
(1 549)
|
(706)
|
270
|
(856)
|
(1 172)
|
(1 769)
|
(499)
|
(827)
|
(578)
|
(901)
|
(1 750)
|
457
|
61
|
(1 008)
|
(2 415)
|
(3 331)
|
(3 651)
|
(3 861)
|
|
Non-Reccuring Items |
(884)
|
(1 477)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(111)
|
0
|
0
|
0
|
2 250
|
0
|
0
|
0
|
(7 474)
|
0
|
0
|
0
|
(25 361)
|
0
|
0
|
0
|
1 390
|
0
|
0
|
0
|
(38 688)
|
0
|
(1 833)
|
(5 806)
|
|
Gain/Loss on Disposition of Assets |
(33)
|
(27)
|
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
|
|
Total Other Income |
245
|
89
|
(47)
|
(116)
|
(122)
|
0
|
0
|
1
|
0
|
(45)
|
(1)
|
0
|
(1)
|
(18)
|
0
|
0
|
1
|
(177)
|
0
|
(1)
|
(1)
|
(4)
|
(2)
|
0
|
(2)
|
(565)
|
0
|
(2)
|
0
|
(8)
|
0
|
(1)
|
0
|
(1)
|
0
|
0
|
(1)
|
4
|
0
|
0
|
0
|
|
Pre-Tax Income |
28 186
N/A
|
26 893
-5%
|
28 104
+5%
|
30 918
+10%
|
32 796
+6%
|
35 863
+9%
|
41 131
+15%
|
86 659
+111%
|
84 017
-3%
|
79 470
-5%
|
78 496
-1%
|
31 015
-60%
|
28 929
-7%
|
30 055
+4%
|
31 884
+6%
|
33 860
+6%
|
35 676
+5%
|
39 261
+10%
|
36 635
-7%
|
38 366
+5%
|
42 126
+10%
|
43 117
+2%
|
42 663
-1%
|
41 734
-2%
|
39 676
-5%
|
32 091
-19%
|
31 448
-2%
|
32 036
+2%
|
29 727
-7%
|
11 688
-61%
|
12 500
+7%
|
11 728
-6%
|
10 761
-8%
|
35 616
+231%
|
35 519
0%
|
(1 879)
N/A
|
(1 650)
+12%
|
(5 799)
-251%
|
(2 005)
+65%
|
37 378
N/A
|
39 353
+5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10 425)
|
(9 783)
|
(9 883)
|
(10 436)
|
(11 190)
|
(11 831)
|
(13 622)
|
(28 729)
|
(27 362)
|
(26 097)
|
(25 342)
|
(8 793)
|
(8 280)
|
(8 331)
|
(8 471)
|
(9 396)
|
(3 767)
|
(4 000)
|
(3 534)
|
(3 974)
|
(10 845)
|
(11 174)
|
(11 182)
|
(11 039)
|
(10 823)
|
(10 377)
|
(10 000)
|
(9 753)
|
(7 464)
|
(2 562)
|
(2 172)
|
(2 046)
|
(3 166)
|
(8 427)
|
(8 961)
|
(7 205)
|
(6 545)
|
(9 184)
|
(9 261)
|
(11 067)
|
(11 668)
|
|
Income from Continuing Operations |
17 761
|
17 110
|
18 221
|
20 482
|
21 606
|
24 032
|
27 509
|
57 930
|
56 655
|
53 373
|
53 154
|
22 222
|
20 649
|
21 724
|
23 413
|
24 464
|
31 909
|
35 261
|
33 101
|
34 392
|
31 281
|
31 943
|
31 481
|
30 695
|
28 853
|
21 714
|
21 448
|
22 283
|
22 263
|
9 126
|
10 328
|
9 682
|
7 595
|
27 189
|
26 558
|
(9 084)
|
(8 195)
|
(14 983)
|
(11 266)
|
26 311
|
27 685
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
7
|
12
|
18
|
(9)
|
(14)
|
(16)
|
(21)
|
9
|
11
|
17
|
28
|
26
|
1 904
|
1 960
|
1 998
|
2 052
|
185
|
135
|
123
|
67
|
29
|
(18)
|
(46)
|
0
|
35
|
69
|
63
|
44
|
|
Net Income (Common) |
17 760
N/A
|
17 109
-4%
|
18 221
+6%
|
20 483
+12%
|
21 605
+5%
|
24 032
+11%
|
27 508
+14%
|
57 930
+111%
|
56 656
-2%
|
53 373
-6%
|
53 155
0%
|
22 221
-58%
|
20 650
-7%
|
21 731
+5%
|
23 426
+8%
|
24 483
+5%
|
31 899
+30%
|
35 247
+10%
|
33 083
-6%
|
34 370
+4%
|
31 290
-9%
|
31 954
+2%
|
31 498
-1%
|
30 723
-2%
|
28 877
-6%
|
23 618
-18%
|
23 406
-1%
|
24 279
+4%
|
24 312
+0%
|
9 307
-62%
|
10 458
+12%
|
9 799
-6%
|
7 655
-22%
|
27 212
+255%
|
26 531
-3%
|
(9 138)
N/A
|
(8 203)
+10%
|
(14 955)
-82%
|
(11 205)
+25%
|
26 365
N/A
|
27 720
+5%
|
|
EPS (Diluted) |
42.89
N/A
|
41.33
-4%
|
44
+6%
|
49.11
+12%
|
52.05
+6%
|
57.93
+11%
|
66.28
+14%
|
139.25
+110%
|
136.19
-2%
|
128.41
-6%
|
127.77
0%
|
53.54
-58%
|
50.48
-6%
|
52.76
+5%
|
57.41
+9%
|
60.02
+5%
|
78.18
+30%
|
86.42
+11%
|
81.09
-6%
|
84.23
+4%
|
76.63
-9%
|
78.44
+2%
|
78.7
+0%
|
76.74
-2%
|
72.12
-6%
|
59.01
-18%
|
58.48
-1%
|
60.65
+4%
|
60.7
+0%
|
23.26
-62%
|
26.11
+12%
|
24.46
-6%
|
19.11
-22%
|
67.97
+256%
|
66.77
-2%
|
-24.05
N/A
|
-21.22
+12%
|
-38.6
-82%
|
-29.96
+22%
|
72.91
N/A
|
78.1
+7%
|