Waseda Academy Co Ltd
TSE:4718
Income Statement
Earnings Waterfall
Waseda Academy Co Ltd
Revenue
|
32.4B
JPY
|
Cost of Revenue
|
-22.7B
JPY
|
Gross Profit
|
9.7B
JPY
|
Operating Expenses
|
-6.9B
JPY
|
Operating Income
|
2.8B
JPY
|
Other Expenses
|
-836.5m
JPY
|
Net Income
|
1.9B
JPY
|
Income Statement
Waseda Academy 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 |
18 377
N/A
|
18 574
+1%
|
18 634
+0%
|
18 916
+2%
|
19 169
+1%
|
19 444
+1%
|
19 614
+1%
|
19 864
+1%
|
20 033
+1%
|
20 191
+1%
|
20 186
0%
|
20 399
+1%
|
20 471
+0%
|
20 685
+1%
|
20 883
+1%
|
21 261
+2%
|
21 710
+2%
|
22 144
+2%
|
22 558
+2%
|
23 105
+2%
|
23 401
+1%
|
23 815
+2%
|
24 123
+1%
|
24 508
+2%
|
24 733
+1%
|
24 611
0%
|
24 394
-1%
|
24 236
-1%
|
24 752
+2%
|
25 454
+3%
|
26 263
+3%
|
27 223
+4%
|
27 632
+1%
|
28 551
+3%
|
29 119
+2%
|
29 666
+2%
|
30 192
+2%
|
30 729
+2%
|
31 178
+1%
|
31 882
+2%
|
32 368
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(13 771)
|
(13 929)
|
(14 068)
|
(14 324)
|
(14 551)
|
(14 725)
|
(14 820)
|
(14 887)
|
(14 859)
|
(14 862)
|
(14 810)
|
(14 815)
|
(14 867)
|
(15 001)
|
(15 086)
|
(15 326)
|
(15 604)
|
(15 732)
|
(16 073)
|
(16 509)
|
(16 748)
|
(17 107)
|
(17 285)
|
(17 448)
|
(17 558)
|
(17 734)
|
(17 756)
|
(17 861)
|
(18 291)
|
(18 771)
|
(19 288)
|
(19 928)
|
(20 213)
|
(20 684)
|
(21 018)
|
(21 274)
|
(21 648)
|
(21 905)
|
(22 174)
|
(22 499)
|
(22 687)
|
|
Gross Profit |
4 606
N/A
|
4 645
+1%
|
4 565
-2%
|
4 593
+1%
|
4 618
+1%
|
4 719
+2%
|
4 794
+2%
|
4 976
+4%
|
5 174
+4%
|
5 328
+3%
|
5 376
+1%
|
5 585
+4%
|
5 604
+0%
|
5 684
+1%
|
5 797
+2%
|
5 935
+2%
|
6 106
+3%
|
6 412
+5%
|
6 485
+1%
|
6 596
+2%
|
6 652
+1%
|
6 707
+1%
|
6 838
+2%
|
7 060
+3%
|
7 175
+2%
|
6 877
-4%
|
6 637
-3%
|
6 374
-4%
|
6 461
+1%
|
6 683
+3%
|
6 975
+4%
|
7 295
+5%
|
7 419
+2%
|
7 867
+6%
|
8 101
+3%
|
8 392
+4%
|
8 544
+2%
|
8 823
+3%
|
9 004
+2%
|
9 383
+4%
|
9 682
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 927)
|
(3 954)
|
(3 896)
|
(3 910)
|
(3 920)
|
(3 962)
|
(3 978)
|
(4 032)
|
(4 129)
|
(4 309)
|
(4 473)
|
(4 606)
|
(4 584)
|
(4 616)
|
(4 634)
|
(4 907)
|
(5 103)
|
(5 299)
|
(5 350)
|
(5 271)
|
(5 264)
|
(5 181)
|
(5 233)
|
(5 395)
|
(5 565)
|
(5 708)
|
(5 675)
|
(5 652)
|
(5 589)
|
(5 619)
|
(5 639)
|
(5 646)
|
(5 881)
|
(6 045)
|
(6 161)
|
(6 392)
|
(6 325)
|
(6 423)
|
(6 547)
|
(6 705)
|
(6 919)
|
|
Selling, General & Administrative |
(3 927)
|
(3 954)
|
(3 896)
|
(3 910)
|
(3 920)
|
(3 962)
|
(3 978)
|
(4 032)
|
(4 129)
|
(4 309)
|
(4 473)
|
(4 606)
|
(4 584)
|
(4 616)
|
(4 634)
|
(4 907)
|
(5 103)
|
(5 299)
|
(5 350)
|
(5 271)
|
(5 264)
|
(5 181)
|
(5 233)
|
(5 395)
|
(5 565)
|
(5 708)
|
(5 675)
|
(5 652)
|
(5 589)
|
(5 619)
|
(5 639)
|
(5 646)
|
(5 881)
|
(6 045)
|
(6 161)
|
(6 392)
|
(6 325)
|
(6 423)
|
(6 547)
|
(6 705)
|
(6 919)
|
|
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)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
|
Operating Income |
679
N/A
|
690
+2%
|
669
-3%
|
683
+2%
|
698
+2%
|
757
+9%
|
816
+8%
|
944
+16%
|
1 045
+11%
|
1 019
-2%
|
903
-11%
|
979
+8%
|
1 020
+4%
|
1 068
+5%
|
1 163
+9%
|
1 028
-12%
|
1 003
-2%
|
1 112
+11%
|
1 135
+2%
|
1 324
+17%
|
1 388
+5%
|
1 526
+10%
|
1 606
+5%
|
1 665
+4%
|
1 610
-3%
|
1 169
-27%
|
963
-18%
|
722
-25%
|
872
+21%
|
1 064
+22%
|
1 336
+26%
|
1 649
+23%
|
1 538
-7%
|
1 822
+18%
|
1 940
+7%
|
2 000
+3%
|
2 219
+11%
|
2 400
+8%
|
2 457
+2%
|
2 678
+9%
|
2 763
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(17)
|
(14)
|
(6)
|
(3)
|
4
|
1
|
2
|
3
|
1
|
4
|
6
|
8
|
9
|
9
|
10
|
11
|
12
|
10
|
12
|
8
|
4
|
4
|
4
|
4
|
3
|
5
|
4
|
4
|
2
|
1
|
2
|
5
|
8
|
9
|
10
|
10
|
10
|
11
|
12
|
14
|
15
|
|
Non-Reccuring Items |
(10)
|
(76)
|
(85)
|
(85)
|
(100)
|
(31)
|
(28)
|
(60)
|
(49)
|
(45)
|
(45)
|
(29)
|
(26)
|
(29)
|
(67)
|
(59)
|
20
|
20
|
62
|
64
|
(15)
|
(33)
|
(25)
|
(102)
|
(111)
|
(110)
|
(199)
|
(126)
|
(101)
|
(123)
|
(27)
|
(21)
|
(39)
|
(16)
|
(16)
|
(10)
|
(9)
|
(8)
|
(8)
|
(10)
|
(11)
|
|
Gain/Loss on Disposition of Assets |
(5)
|
(10)
|
(17)
|
(17)
|
(23)
|
0
|
(21)
|
(29)
|
(26)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
15
|
(6)
|
(6)
|
213
|
213
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
|
Total Other Income |
15
|
22
|
19
|
18
|
19
|
(16)
|
3
|
4
|
12
|
(7)
|
8
|
13
|
8
|
15
|
14
|
19
|
24
|
18
|
19
|
18
|
17
|
24
|
18
|
11
|
13
|
11
|
238
|
234
|
22
|
17
|
10
|
11
|
11
|
27
|
28
|
31
|
26
|
28
|
43
|
47
|
44
|
|
Pre-Tax Income |
662
N/A
|
613
-7%
|
579
-5%
|
596
+3%
|
598
+0%
|
712
+19%
|
771
+8%
|
863
+12%
|
983
+14%
|
971
-1%
|
873
-10%
|
970
+11%
|
1 011
+4%
|
1 063
+5%
|
1 121
+5%
|
999
-11%
|
1 059
+6%
|
1 160
+10%
|
1 228
+6%
|
1 414
+15%
|
1 395
-1%
|
1 536
+10%
|
1 597
+4%
|
1 572
-2%
|
1 728
+10%
|
1 288
-25%
|
1 006
-22%
|
833
-17%
|
795
-5%
|
952
+20%
|
1 321
+39%
|
1 644
+24%
|
1 517
-8%
|
1 841
+21%
|
1 963
+7%
|
2 031
+3%
|
2 246
+11%
|
2 431
+8%
|
2 504
+3%
|
2 728
+9%
|
2 809
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(316)
|
(322)
|
(320)
|
(293)
|
(286)
|
(292)
|
(325)
|
(344)
|
(389)
|
(386)
|
(353)
|
(376)
|
(386)
|
(384)
|
(418)
|
(381)
|
(401)
|
(432)
|
(470)
|
(537)
|
(546)
|
(611)
|
(625)
|
(603)
|
(655)
|
(516)
|
(433)
|
(392)
|
(367)
|
(423)
|
(538)
|
(641)
|
(613)
|
(733)
|
(786)
|
(802)
|
(876)
|
(878)
|
(805)
|
(862)
|
(883)
|
|
Income from Continuing Operations |
346
|
291
|
260
|
303
|
311
|
420
|
446
|
519
|
595
|
584
|
519
|
594
|
626
|
680
|
703
|
619
|
658
|
728
|
758
|
878
|
848
|
926
|
972
|
969
|
1 074
|
772
|
573
|
441
|
428
|
529
|
784
|
1 002
|
904
|
1 108
|
1 176
|
1 229
|
1 370
|
1 553
|
1 699
|
1 866
|
1 926
|
|
Income to Minority Interest |
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
|
|
Net Income (Common) |
346
N/A
|
291
-16%
|
260
-11%
|
303
+17%
|
311
+3%
|
420
+35%
|
446
+6%
|
519
+16%
|
595
+15%
|
584
-2%
|
519
-11%
|
594
+14%
|
626
+5%
|
680
+9%
|
703
+3%
|
619
-12%
|
658
+6%
|
728
+11%
|
758
+4%
|
878
+16%
|
848
-3%
|
926
+9%
|
972
+5%
|
969
0%
|
1 074
+11%
|
772
-28%
|
573
-26%
|
441
-23%
|
428
-3%
|
529
+24%
|
784
+48%
|
1 002
+28%
|
904
-10%
|
1 108
+23%
|
1 176
+6%
|
1 229
+4%
|
1 370
+11%
|
1 553
+13%
|
1 699
+9%
|
1 866
+10%
|
1 926
+3%
|
|
EPS (Diluted) |
21.08
N/A
|
18.18
-14%
|
15.73
-13%
|
18.36
+17%
|
18.87
+3%
|
25.43
+35%
|
26.86
+6%
|
31.27
+16%
|
35.6
+14%
|
35.12
-1%
|
31.1
-11%
|
35.58
+14%
|
37.46
+5%
|
40.78
+9%
|
42.08
+3%
|
37.04
-12%
|
39.38
+6%
|
43.92
+12%
|
47.98
+9%
|
55.54
+16%
|
53.54
-4%
|
58.43
+9%
|
61.34
+5%
|
61.18
0%
|
67.79
+11%
|
48.76
-28%
|
36.16
-26%
|
27.77
-23%
|
26.97
-3%
|
33.13
+23%
|
41.56
+25%
|
53.15
+28%
|
47.92
-10%
|
58.76
+23%
|
62.38
+6%
|
65.16
+4%
|
72.59
+11%
|
82.35
+13%
|
90.06
+9%
|
98.55
+9%
|
101.83
+3%
|