Income Statement

1 Year	15%
3 Years	-13%
5 Years	6%

157B

Gross Proft

1 Year	20%
3 Years	-15%
5 Years	5%

74.5B

Operating Income

1 Year	61%
3 Years	-10%
5 Years	7%

60.2B

Net Income

1 Year	57%
3 Years	-7%
5 Years	19%

Currency: JPY

	Mar-2022	Dec-2021	Sep-2021	Jun-2021	Mar-2021	Dec-2020	Sep-2020	Jun-2020	Mar-2020	Dec-2019	Sep-2019	Jun-2019	Mar-2019	Dec-2018	Sep-2018	Jun-2018	Mar-2018	Dec-2017	Sep-2017	Jun-2017	Mar-2017	Dec-2016	Sep-2016	Jun-2016	Mar-2016	Dec-2015	Sep-2015	Jun-2015	Mar-2015	Dec-2014	Sep-2014	Jun-2014	Mar-2014	Dec-2013	Sep-2013	Jun-2013	Mar-2013	Dec-2012	Sep-2012	Jun-2012
Revenue
Revenue	491 732 +3%	478 841 +1%	472 609 +1%	469 415 +10%	427 544 +4%	410 704 +3%	400 449 +2%	394 400 -7%	426 071 -43%	747 511 +0%	747 222 +1%	742 895 +0%	741 482 +76%	422 484 +0%	420 724 +0%	418 981 +2%	409 912 +2%	403 802 +3%	391 168 +3%	379 663 +2%	372 919 +1%	368 277 -1%	371 585 -2%	380 342 -1%	383 272 +1%	377 685 +2%	370 629 +4%	357 113 +3%	347 636 +2%	342 208 +2%	336 607 +1%	332 117 +1%	329 758 -6%	352 147 +6%	332 204 +5%	316 761 +5%	302 798 +10%	276 396 -1%	278 448 -2%	283 459 N/A

Gross Profit
Cost of Revenue	(335 043)	(324 106)	(319 521)	(319 832)	(297 330)	(286 845)	(283 113)	(278 248)	(292 291)	(503 721)	(498 665)	(493 413)	(490 482)	(275 149)	(274 184)	(272 368)	(268 189)	(266 544)	(260 403)	(255 607)	(250 017)	(244 847)	(243 325)	(244 875)	(246 774)	(241 179)	(236 653)	(228 530)	(223 315)	(220 717)	(219 910)	(218 946)	(222 383)	(248 768)	(241 174)	(235 936)	(229 529)	(212 033)	(213 190)	(216 209)
Gross Profit	156 689 +1%	154 735 +1%	153 088 +2%	149 583 +15%	130 214 +5%	123 859 +6%	117 336 +1%	116 152 -13%	133 780 -45%	243 790 -2%	248 557 0%	249 482 -1%	251 000 +70%	147 335 +1%	146 540 0%	146 613 +3%	141 723 +3%	137 258 +5%	130 765 +5%	124 056 +1%	122 902 0%	123 430 -4%	128 260 -5%	135 467 -1%	136 498 0%	136 506 +2%	133 976 +4%	128 583 +3%	124 321 +2%	121 491 +4%	116 697 +3%	113 171 +5%	107 375 +4%	103 379 +14%	91 030 +13%	80 825 +10%	73 269 +14%	64 363 -1%	65 258 -3%	67 250 N/A

Operating Income
Operating Expenses	(82 173)	(89 038)	(89 860)	(87 797)	(83 913)	(80 900)	(81 062)	(83 147)	(86 468)	(148 453)	(149 116)	(147 894)	(147 777)	(81 849)	(78 867)	(76 429)	(74 444)	(72 290)	(71 319)	(90 523)	(69 508)	(69 713)	(69 626)	(71 342)	(70 433)	(69 354)	(67 290)	(73 979)	(62 315)	(60 559)	(59 291)	(62 623)	(55 948)	(56 947)	(54 104)	(51 892)	(49 890)	(47 060)	(47 016)	(47 641)
Selling, General & Administrative	(93 979)	(92 042)	(90 691)	(88 082)	(83 870)	(81 182)	(81 560)	(83 893)	(87 291)	(145 043)	(145 364)	(143 848)	(142 116)	(81 847)	(78 866)	(76 426)	(74 442)	(72 238)	(71 216)	(69 990)	(69 306)	(69 510)	(69 421)	(71 131)	(70 218)	(69 144)	(67 085)	(63 844)	(62 124)	(60 358)	(59 080)	(57 261)	(55 712)	(56 689)	(53 820)	(51 569)	(49 514)	(46 542)	(46 362)	(46 861)
Depreciation & Amortization	0	0	0	0	0	0	0	0	0	0	0	0	(4 370)	0	0	0	0	0	0	0	(201)	(202)	(204)	(211)	(214)	(209)	(204)	(197)	(190)	(199)	(208)	(218)	(234)	(257)	(284)	(322)	(376)	(517)	(653)	(779)
Other Operating Expenses	11 806	3 004	831	285	(43)	282	498	746	823	(3 410)	(3 752)	(4 046)	(1 290)	(1)	(1)	(3)	(2)	(52)	(103)	(20 533)	(1)	0	(1)	0	0	0	(1)	(9 938)	0	(2)	(3)	(5 144)	(2)	(1)	0	(1)	0	(1)	0	0
Operating Income	74 516 +13%	65 697 +4%	63 228 +2%	61 786 +33%	46 301 +8%	42 959 +18%	36 274 +10%	33 005 -30%	47 312 -50%	95 337 -4%	99 441 -2%	101 588 -2%	103 223 +58%	65 486 -3%	67 673 -4%	70 184 +4%	67 279 +4%	64 968 +9%	59 446 +77%	33 533 -37%	53 394 -1%	53 717 -8%	58 634 -9%	64 125 -3%	66 065 -2%	67 152 +1%	66 686 +22%	54 604 -12%	62 006 +2%	60 932 +6%	57 406 +14%	50 548 -2%	51 427 +11%	46 432 +26%	36 926 +28%	28 933 +24%	23 379 +35%	17 303 -5%	18 242 -7%	19 609 N/A

Pre-Tax Income
Interest Income Expense	9 126	7 934	5 256	4 334	5 699	(2 159)	(741)	162	(2 564)	1 955	(1 807)	169	2 251	1 040	3 231	2 788	2 653	2 626	7 174	6 498	1 878	(220)	(5 404)	(6 891)	(1 497)	399	2 548	5 893	4 823	4 868	4 476	2 565	3 227	5 300	5 305	5 295	3 445	3 025	1 188	(891)
Non-Reccuring Items	0	(603)	(83)	0	0	0	0	0	0	0	0	0	1 529	(4 554)	(7 097)	(8 989)	(8 987)	(24 710)	(22 257)	0	(20 439)	(5 237)	(5 147)	(19 966)	(19 910)	(19 069)	(19 069)	0	(9 936)	(10 848)	(10 847)	0	(5 143)	8	(19)	(61)	(63)	(829)	(1 737)	(1 695)
Gain/Loss on Disposition of Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	(982)	(928)	(975)	(1 126)	(1 022)	(603)	(479)	(286)	(755)	(1 047)	(920)	(812)	(820)	(977)	(1 025)	(940)	(382)	(279)	(352)	(332)	(488)	47	80	118	286	(206)	(146)
Total Other Income	0	0	0	0	0	0	0	(1)	0	0	69	(1 398)	(1 770)	(1 722)	(1 561)	56	279	706	698	369	286	806	489	(74)	(90)	(556)	(316)	1 128	1 078	1 277	1 164	236	317	774	781	891	850	367	111	69
Pre-Tax Income	83 642 +15%	73 027 +7%	68 400 +3%	66 120 +27%	52 000 +27%	40 800 +15%	35 533 +7%	33 166 -26%	44 748 -54%	97 292 0%	97 703 -3%	100 359 -5%	105 233 +78%	59 268 -3%	61 318 -3%	63 064 +5%	60 098 +41%	42 568 -4%	44 458 +11%	39 921 +15%	34 833 -28%	48 311 +2%	47 525 +31%	36 274 -17%	43 756 -7%	47 106 -4%	48 872 -19%	60 600 +6%	57 031 +2%	55 847 +8%	51 920 -2%	52 997 +7%	49 496 -5%	52 026 +21%	43 040 +22%	35 138 +27%	27 729 +38%	20 152 +15%	17 598 +4%	16 946 N/A

Net Income
Tax Provision	(24 138)	(20 044)	(18 260)	(18 599)	(14 419)	(10 443)	(8 750)	(7 702)	(11 117)	(27 117)	(26 756)	(27 076)	(28 678)	(13 746)	(14 759)	(15 810)	(15 415)	(13 039)	(11 489)	(10 216)	(8 836)	(11 640)	(13 518)	(10 175)	(12 637)	(14 279)	(15 550)	(21 175)	(20 001)	(18 526)	(18 278)	(17 118)	(16 488)	(16 845)	(13 675)	(8 671)	(6 504)	2 856	5 249	3 071
Income from Continuing Operations	59 504	52 983	50 140	47 521	37 581	30 357	26 783	25 464	33 631	70 175	70 947	73 283	76 555	45 522	46 559	47 254	44 683	29 529	32 969	29 705	25 997	36 671	34 007	26 099	31 119	32 827	33 322	39 425	37 030	37 321	33 642	35 879	33 008	35 181	29 365	26 467	21 225	23 008	22 847	20 017
Income to Minority Interest	697	758	797	813	785	757	615	346	67	(408)	(521)	(528)	(548)	(303)	(313)	(311)	(347)	(370)	(401)	(413)	(394)	(382)	(356)	(336)	(304)	(276)	(275)	(279)	(276)	(305)	(293)	(277)	(303)	(362)	(357)	(340)	(315)	(213)	(205)	(240)
Net Income (Common)	60 201 +12%	53 741 +6%	50 937 +5%	48 334 +26%	38 366 +23%	31 114 +14%	27 398 +6%	25 810 -23%	33 698 -52%	69 767 -1%	70 426 -3%	72 755 -4%	76 007 +68%	45 219 -2%	46 246 -1%	46 943 +6%	44 336 +52%	29 159 -10%	32 568 +11%	29 292 +14%	25 603 -29%	36 289 +8%	33 651 +31%	25 763 -16%	30 815 -5%	32 551 -2%	33 047 -16%	39 146 +7%	36 754 -1%	37 016 +11%	33 349 -6%	35 602 +9%	32 705 -6%	34 819 +20%	29 008 +11%	26 127 +25%	20 910 -8%	22 795 +1%	22 642 +14%	19 777 N/A

Balance Sheet

823B

Assets

1 Year	7%
3 Years	N/A
5 Years	8%

309B

Liabilities

1 Year	-4%
3 Years	N/A
5 Years	8%

514B

Equity

1 Year	15%
3 Years	N/A
5 Years	8%

Currency: JPY

	Mar-2022	Dec-2021	Sep-2021	Jun-2021	Mar-2021	Dec-2020	Sep-2020	Jun-2020	Mar-2020	Dec-2019	Sep-2019	Jun-2019	Mar-2019	Dec-2018	Sep-2018	Jun-2018	Mar-2018	Dec-2017	Sep-2017	Jun-2017	Mar-2017	Dec-2016	Sep-2016	Jun-2016	Mar-2016	Dec-2015	Sep-2015	Jun-2015	Mar-2015	Dec-2014	Sep-2014	Jun-2014	Mar-2014	Dec-2013	Sep-2013	Jun-2013	Mar-2013	Dec-2012	Sep-2012	Jun-2012
Assets
Cash & Cash Equivalents	172 585	125 821	117 338	126 940	73 020	131 510	150 927	113 128	49 892	58 529	47 457	54 285	39 704	53 266	50 483	53 581	56 235	54 108	46 124	47 368	45 733	47 248	37 868	37 189	37 984	39 515	44 522	62 464	38 708	37 288	35 594	32 147	31 508	35 369	30 231	28 951	24 557	21 756	18 336	18 276
Cash	0	0	0	0	73 020	0	0	0	49 892	0	0	0	39 704	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
Cash Equivalents	172 585	125 821	117 338	126 940	0	131 510	150 927	113 128	0	58 529	47 457	54 285	0	53 266	50 483	53 581	56 235	54 108	46 124	47 368	45 733	47 248	37 868	37 189	37 984	39 515	44 522	62 464	38 708	37 288	35 594	32 147	31 508	35 369	30 231	28 951	24 557	21 756	18 336	18 276
Short-Term Investments	15 760	15 457	13 001	20 161	92 766	0	0	0	0	0	0	0	0	21 222	39 027	61 123	59 905	58 708	62 229	54 111	57 210	49 202	54 687	56 266	59 548	52 937	32 749	38 522	62 839	55 786	67 840	64 447	80 943	69 592	74 035	38 660	46 079	45 344	50 445	55 998
Total Receivables	123 944	114 472	110 681	114 041	111 339	0	0	0	0	0	0	0	0	95 920	94 600	94 236	92 864	96 296	95 719	90 591	91 131	85 315	74 585	70 625	74 536	73 525	77 005	73 631	68 127	68 858	62 194	62 251	61 542	62 229	59 041	58 607	52 804	50 482	48 647	53 219
Accounts Receivables	123 944	114 472	110 681	114 041	105 335	0	0	0	0	0	0	0	0	95 920	94 600	94 236	92 864	96 296	95 719	90 591	91 131	85 315	74 585	70 625	74 536	73 525	77 005	73 631	68 127	68 858	62 194	62 251	61 542	62 229	59 041	58 607	52 804	50 482	48 647	53 219
Other Receivables	0	0	0	0	6 004	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
Inventory	156 811	150 015	146 853	138 581	126 837	0	0	0	0	0	0	0	0	112 544	105 330	101 852	94 953	96 163	94 075	90 440	86 857	89 767	79 950	79 945	82 122	85 862	85 165	82 499	78 379	78 012	75 714	71 037	71 069	70 949	66 820	66 356	67 845	63 228	61 708	62 918
Other Current Assets	13 155	20 379	13 788	12 823	11 906	0	0	0	0	0	0	0	0	17 995	16 601	15 262	15 078	25 182	29 287	24 386	25 639	22 224	25 073	22 798	24 123	25 914	25 776	24 904	25 231	24 031	24 122	22 190	24 147	21 597	21 866	19 715	18 955	12 914	15 075	16 460
Total Current Assets	482 255	426 144	401 661	412 546	415 868	0	0	0	0	0	0	0	0	300 947	306 041	326 054	319 035	330 457	327 434	306 896	306 570	293 756	272 163	266 823	278 313	277 753	265 217	282 020	273 284	263 975	265 464	252 072	269 209	259 736	251 993	212 289	210 240	193 724	194 211	206 871
PP&E Net	254 607	251 865	253 826	258 433	260 222	0	0	0	0	0	0	0	0	220 914	209 048	197 274	195 102	191 961	187 434	184 515	181 302	179 877	173 624	169 719	168 473	166 097	156 802	148 372	140 068	141 123	133 807	126 908	121 095	118 435	111 583	103 349	97 073	88 079	84 490	84 445
PP&E Gross	0	0	0	0	260 222	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
Accumulated Depreciation	0	0	0	0	355 203	0	0	0	332 995	0	0	0	320 646	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
Intangible Assets	20 162	19 439	19 169	16 533	13 018	0	0	0	0	0	0	0	0	7 505	5 311	4 980	4 807	4 606	4 409	4 410	4 241	13 617	12 430	12 714	14 204	8 309	8 539	4 408	3 420	3 416	3 259	3 478	3 620	3 432	3 547	3 692	3 826	3 846	3 955	4 138
Long-Term Investments	51 537	53 315	62 729	68 764	69 391	0	0	0	0	0	0	0	0	61 155	71 063	70 050	71 680	80 163	70 551	66 362	68 252	69 482	58 640	55 450	53 064	66 532	60 837	70 770	65 714	61 201	58 696	61 621	60 837	69 776	60 072	56 701	52 770	42 979	37 252	39 659
Other Long-Term Assets	14 620	11 746	10 915	10 648	9 372	0	0	0	0	0	0	0	0	10 879	9 322	8 205	9 041	2 839	2 678	2 636	2 976	3 218	2 719	2 909	2 827	2 667	2 645	2 969	3 011	3 211	3 275	3 387	3 387	2 865	2 926	2 457	2 580	3 129	5 403	2 822
Other Assets	0	0	0	0	3 422	0	0	0	3 369	2 735	2 828	5 212	0	4 765	230	268	307	345	384	422	460	8 819	7 972	8 358	9 279	14 618	14 940	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	823 181 +8%	762 509 +2%	748 300 -2%	766 924 -1%	771 293 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	606 165 +1%	601 015 -1%	606 831 +1%	599 972 -2%	610 371 +3%	592 890 +5%	565 241 +0%	563 801 -1%	568 769 +8%	527 548 +2%	515 973 -2%	526 160 -2%	535 976 +5%	508 980 +0%	508 539 +5%	485 497 +3%	472 926 +2%	464 501 +4%	447 466 -2%	458 148 +1%	454 244 +6%	430 121 +14%	378 488 +3%	366 489 +10%	331 757 +2%	325 311 -4%	337 935 N/A

Liabilities
Accounts Payable	53 572	46 089	47 546	49 843	35 414	0	0	0	0	0	0	0	0	37 236	34 353	34 407	32 407	31 545	30 272	28 951	30 045	28 941	26 837	26 729	28 049	26 302	26 761	24 876	25 239	23 832	23 313	23 250	23 625	23 375	24 359	22 900	18 814	17 412	20 110	24 389
Short-Term Debt	0	0	0	0	28 943	0	0	0	0	0	0	0	0	26 276	11 375	10 504	10 113	10 736	11 280	11 212	11 259	8 165	3 043	10	11	12	11	10 110	668	1 054	1 379	1 570	1 594	1 630	1 553	1 450	1 432	1 437	1 255	1 321
Current Portion of Long-Term Debt	18 601	18 543	15 818	45 046	17 816	0	0	0	0	0	0	0	0	9 976	9 974	35 008	35 005	30 040	30 041	71	87	123	140	152	174	181	193	15 207	15 187	15 226	15 223	10 248	10 252	10 274	10 269	288	302	305	313	10 324
Other Current Liabilities	63 434	45 211	47 637	40 025	61 984	0	0	0	0	0	0	0	0	41 563	48 408	38 885	52 683	46 600	46 314	38 215	44 186	38 599	37 943	31 732	38 101	37 434	54 659	34 335	38 240	32 504	43 702	28 254	46 189	41 223	35 361	27 031	30 750	23 947	23 043	19 260
Total Current Liabilities	135 607	109 843	111 001	134 914	144 157	0	0	0	0	0	0	0	0	115 051	104 110	118 804	130 208	118 921	117 907	78 449	85 577	75 828	67 963	58 623	66 335	63 929	81 624	84 528	79 334	72 616	83 617	63 322	81 660	76 502	71 542	51 669	51 298	43 101	44 721	55 294
Long-Term Debt	136 134	135 835	135 804	135 817	140 779	0	0	0	0	0	0	0	0	68 156	68 057	73 001	52 997	57 953	57 948	87 933	87 928	87 925	87 940	87 976	80 026	80 093	50 131	30 318	30 298	30 352	30 404	45 425	45 492	45 547	45 589	25 643	25 683	25 705	25 750	25 847
Deferred Income Tax	1 690	2 834	746	3 581	491	0	0	0	0	0	0	0	0	113	141	148	169	9 783	7 328	5 491	5 324	9 239	6 255	4 827	5 382	10 558	8 149	9 349	7 129	6 256	4 507	3 364	3 459	8 673	6 128	4 720	2 334	456	363	672
Minority Interest	3 670	3 568	2 153	2 543	2 794	0	0	0	0	0	0	0	0	2 344	2 348	2 267	2 454	2 654	2 472	2 416	2 404	2 354	2 008	2 081	2 174	2 149	2 056	2 410	2 407	2 439	2 219	2 139	2 159	2 107	1 951	2 026	2 013	1 609	1 532	1 617
Other Liabilities	31 762	33 543	33 420	34 462	34 240	0	0	0	0	0	0	0	0	28 920	28 319	28 541	28 483	30 649	30 171	30 405	30 262	32 543	32 533	33 037	33 373	26 088	26 253	26 021	25 356	26 406	26 426	26 750	24 744	18 710	18 486	18 711	18 865	19 276	19 196	19 660
Total Liabilities	308 863 +8%	285 623 +1%	283 124 -9%	311 317 -3%	322 461 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	214 584 +6%	202 975 -9%	222 761 +4%	214 311 -3%	219 960 +2%	215 826 +5%	204 694 -3%	211 495 +2%	207 889 +6%	196 699 +5%	186 544 0%	187 290 +2%	182 817 +9%	168 213 +10%	152 626 +6%	144 524 +5%	138 069 -6%	147 173 +4%	141 000 -10%	157 514 +4%	151 539 +5%	143 696 +40%	102 769 +3%	100 193 +11%	90 147 -2%	91 562 -11%	103 090 N/A

Equity
Common Stock	47 869	47 869	47 869	47 869	47 869	0	0	0	0	0	0	0	0	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869	47 869
Retained Earnings	375 968	354 501	347 265	330 637	325 187	0	0	0	0	0	0	0	0	290 608	286 756	276 171	278 374	268 646	262 834	268 701	262 010	267 461	256 358	248 352	245 463	240 227	231 847	231 729	223 135	216 164	206 635	200 418	195 042	187 807	180 858	172 388	167 561	158 212	156 639	151 051
Additional Paid In Capital	54 684	54 652	54 593	54 862	54 856	0	0	0	0	0	0	0	0	54 639	54 639	54 639	54 639	54 824	54 824	54 825	54 825	54 825	54 825	54 824	54 824	54 824	54 824	54 824	54 824	54 824	54 824	54 824	54 824	54 824	54 824	54 824	54 824	54 824	54 824	54 824
Unrealized Security Profit/Loss	0	0	0	0	0	0	0	0	0	0	0	0	0	23 178	30 110	29 654	31 211	36 788	30 437	27 629	27 580	29 417	22 327	20 231	22 733	30 762	26 972	33 487	30 297	24 800	22 895	21 798	21 137	24 950	21 541	19 311	16 175	12 506	8 275	9 469
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	1 741	1 740	1 758	6 422	1 422	1 420	17 649	17 649	17 647	14 989	7 647	7 647	7 646	7 644	7 643	7 640	7 639	7 638	7 621	7 611	7 599	7 570	7 553	7 539	7 534	7 530	7 529
Other Equity	37 551	774	5 715	3 523	6 044	0	0	0	0	25 813	30 742	27 524	0	22 972	19 594	22 505	20 010	16 294	17 480	20 828	22 329	21 045	35 541	34 200	24 372	12 877	13 101	4 353	7 512	1 161	7 257	10 822	10 627	5 146	11 097	11 120	12 594	24 267	26 328	20 839
Total Equity	514 318 +8%	476 886 +3%	465 176 +2%	455 607 +2%	448 832 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	391 581 -2%	398 040 +4%	384 070 0%	385 661 -1%	390 411 +4%	377 064 +5%	360 547 +2%	352 306 -2%	360 880 +9%	330 849 +0%	329 429 -3%	338 870 -4%	353 159 +4%	340 767 -4%	355 913 +4%	340 973 +2%	334 857 +6%	317 328 +4%	306 466 +2%	300 634 -1%	302 705 +6%	286 425 +4%	275 719 +4%	266 296 +10%	241 610 +3%	233 749 0%	234 845 N/A

Total Liabilities & Equity	823 181 +8%	762 509 +2%	748 300 -2%	766 924 -1%	771 293 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	0 N/A	606 165 +1%	601 015 -1%	606 831 +1%	599 972 -2%	610 371 +3%	592 890 +5%	565 241 +0%	563 801 -1%	568 769 +8%	527 548 +2%	515 973 -2%	526 160 -2%	535 976 +5%	508 980 +0%	508 539 +5%	485 497 +3%	472 926 +2%	464 501 +4%	447 466 -2%	458 148 +1%	454 244 +6%	430 121 +14%	378 488 +3%	366 489 +10%	331 757 +2%	325 311 -4%	337 935 N/A

Shares Outstanding
Common Shares Outstanding	203M	203M	203M	204M	203M	0	0	0	0	0	0	0	0	208M	208M	208M	210M	212M	212M	212M	212M	212M	214M	218M	218M	218M	218M	218M	218M	218M	218M	218M	218M	218M	218M	218M	218M	218M	218M	218M

Cash Flow Statement

71.9B

Operating Cash Flow

1 Year	13%
3 Years	16%
5 Years	8%

-27.8B

Capital Expenditures

1 Year	6%
3 Years	20%
5 Years	5%

44.1B

Free Cash Flow

1 Year	30%
3 Years	N/A
5 Years	27%

Currency: JPY

	Mar-2022	Dec-2021	Sep-2021	Jun-2021	Mar-2021	Dec-2020	Sep-2020	Jun-2020	Mar-2020	Dec-2019	Sep-2019	Jun-2019	Mar-2019	Dec-2018	Sep-2018	Jun-2018	Mar-2018	Dec-2017	Sep-2017	Jun-2017	Mar-2017	Dec-2016	Sep-2016	Jun-2016	Mar-2016	Dec-2015	Sep-2015	Jun-2015	Mar-2015	Dec-2014	Sep-2014	Jun-2014	Mar-2014	Dec-2013	Sep-2013	Jun-2013	Mar-2013	Dec-2012	Sep-2012	Jun-2012
Operating Cash Flow
Net Income	83 642	73 027	68 401	66 121	52 001	40 801	35 534	33 167	44 749	48 709	49 119	51 775	56 649	59 268	61 318	63 064	60 098	42 568	44 458	39 921	34 833	48 311	47 525	36 274	43 756	47 106	48 872	60 600	57 031	55 847	51 920	52 997	49 496	52 026	43 040	35 138	27 729	20 152	17 598	16 945
Depreciation & Amortization	37 940	36 917	36 192	35 425	34 700	34 170	33 575	32 821	31 952	32 575	30 553	28 626	26 624	23 063	22 256	21 525	20 920	20 683	20 309	19 909	19 601	19 675	18 900	17 756	16 847	15 055	14 328	13 908	13 337	13 004	12 477	12 041	11 551	11 991	12 151	12 407	12 782	13 445	14 163	14 862
Other Non-Cash Items	(11 463)	(1 498)	(1 258)	(583)	(2 186)	1 416	1 300	226	1 107	332	1 085	892	855	(2 127)	(2 070)	(2 537)	(2 506)	18 480	17 972	17 687	17 706	2 480	3 140	3 080	2 786	2 711	2 436	2 198	2 066	(14 747)	(14 320)	(13 914)	(13 667)	(1 931)	(2 322)	(2 521)	(2 270)	(2 234)	(812)	(587)
Cash Taxes Paid	18 362	17 192	15 274	12 959	7 162	7 015	10 579	11 486	18 316	18 995	18 187	18 357	20 932	20 234	18 332	19 760	14 390	14 854	13 282	9 584	5 626	5 046	8 939	10 450	16 109	16 322	18 417	18 372	26 716	26 826	20 038	19 945	9 393	9 885	7 461	8 062	4 463	3 695	4 149	4 087
Cash Interest Paid	720	734	833	798	804	845	781	770	766	872	823	820	709	587	538	522	501	477	445	408	353	342	273	339	306	406	494	511	503	560	478	523	518	482	484	568	580	657	644	635
Change in Working Capital	(38 209)	(41 695)	(36 800)	(32 015)	(21 119)	(11 737)	(16 330)	(13 414)	(18 022)	(25 680)	(28 799)	(31 510)	(37 699)	(34 122)	(22 788)	(26 990)	(12 803)	(20 576)	(35 991)	(29 635)	(22 377)	(13 856)	(16 855)	3 641	(6 924)	(12 427)	(13 676)	(29 153)	(35 842)	(17 970)	(3 841)	(6 449)	7 318	(12 401)	(11 990)	(12 847)	(12 046)	(9 884)	(9 473)	(7 385)
Cash from Operating Activities	71 910 +8%	66 751 +0%	66 535 -3%	68 948 +9%	63 396 -2%	64 650 +20%	54 079 +2%	52 800 -12%	59 786 +7%	55 936 +8%	51 958 +4%	49 783 +7%	46 429 +1%	46 082 -22%	58 716 +7%	55 062 -16%	65 709 +7%	61 155 +31%	46 748 -2%	47 882 -4%	49 763 -12%	56 610 +7%	52 710 -13%	60 751 +8%	56 465 +8%	52 445 +1%	51 960 +9%	47 553 +30%	36 592 +1%	36 130 -22%	46 236 +3%	44 675 -18%	54 698 +10%	49 685 +22%	40 879 +27%	32 177 +23%	26 195 +22%	21 479 +0%	21 476 -10%	23 835 N/A

Investing Cash Flow
Capital Expenditures	(27 843)	(29 194)	(30 388)	(30 717)	(29 573)	(34 683)	(39 707)	(46 122)	(53 560)	(56 929)	(58 692)	(58 636)	(53 994)	(48 760)	(43 503)	(37 330)	(38 897)	(37 407)	(35 820)	(36 559)	(36 557)	(41 052)	(46 216)	(46 241)	(44 060)	(39 101)	(36 122)	(35 196)	(37 981)	(40 298)	(37 819)	(40 295)	(38 757)	(36 680)	(33 777)	(26 288)	(20 459)	(15 487)	(14 202)	(14 016)
Other Items	38 077	11 580	4 212	(6 128)	(12 950)	(10 737)	(401)	(516)	634	3 181	3 021	6 959	5 111	12 317	10 110	7 978	12 475	1 901	864	(7 221)	(16 853)	(24 261)	(26 645)	(45 470)	(38 271)	(19 251)	(10 555)	23 419	25 116	11 424	(1 504)	(21 442)	(22 391)	(21 110)	(9 980)	5 791	5 017	8 566	3 893	(2 763)
Cash from Investing Activities	10 234 N/A	(17 614) +33%	(26 176) +29%	(36 845) +13%	(42 523) +6%	(45 420) -13%	(40 108) +14%	(46 638) +12%	(52 926) +2%	(53 748) +3%	(55 671) -8%	(51 677) -6%	(48 883) -34%	(36 443) -9%	(33 393) -14%	(29 352) -11%	(26 422) +26%	(35 506) -2%	(34 956) +20%	(43 780) +18%	(53 410) +18%	(65 313) +10%	(72 861) +21%	(91 711) -11%	(82 331) -41%	(58 352) -25%	(46 677) -296%	(11 777) +8%	(12 865) +55%	(28 874) +27%	(39 323) +36%	(61 737) -1%	(61 148) -6%	(57 790) -32%	(43 757) -113%	(20 497) -33%	(15 442) -123%	(6 921) +33%	(10 309) +39%	(16 779) N/A

Financing Cash Flow
Net Issuance of Common Stock	(495)	(495)	(501)	(7)	(7)	(5 007)	(10 001)	(10 001)	(10 074)	(5 073)	(75)	(75)	(5 002)	(10 002)	(10 002)	(10 922)	(5 922)	(923)	(3 580)	(10 001)	(10 001)	(10 001)	(7 344)	(4)	(7)	(7)	(6)	(21)	(28)	(39)	(66)	(68)	(71)	(64)	(39)	(24)	(14)	(12)	(12)	(14)
Net Issuance of Debt	(37 796)	(42 946)	(64 938)	(10 641)	40 876	41 818	75 271	45 700	30 887	39 337	41 687	17 705	8 521	5 731	(10 101)	19 330	(574)	2 806	7 676	10 828	18 856	15 446	41 014	32 610	34 046	33 689	3 398	(1 633)	(11 069)	(10 664)	(10 307)	29 979	29 919	29 614	29 873	(10 130)	(10 090)	(9 795)	(9 912)	429
Cash Paid for Dividends	(16 908)	(16 895)	(12 226)	(12 259)	(12 228)	(12 229)	(14 432)	(14 386)	(14 596)	(14 596)	(14 594)	(14 597)	(13 604)	(13 604)	(12 669)	(12 663)	(10 821)	(10 814)	(8 943)	(8 940)	(9 056)	(9 056)	(9 139)	(9 132)	(8 485)	(8 484)	(7 833)	(7 837)	(7 179)	(7 181)	(6 092)	(6 104)	(5 228)	(5 229)	(4 794)	(4 802)	(4 794)	(4 782)	(4 794)	(4 736)
Other	1 372	1 372	(145)	0	(475)	(306)	842	844	1 215	1 094	(67)	(67)	(206)	(667)	(668)	(714)	(726)	(361)	2 263	(488)	(343)	(347)	(3 017)	(372)	(433)	(449)	(461)	(453)	(469)	(478)	(488)	(467)	(497)	(594)	(595)	(509)	(597)	(503)	(488)	(541)
Cash from Financing Activities	(53 827) +9%	(58 964) +24%	(77 810) -239%	(22 959) N/A	28 166 +16%	24 276 -53%	51 680 +133%	22 157 +198%	7 432 -64%	20 762 -23%	26 951 +809%	2 966 N/A	(10 291) +44%	(18 542) +45%	(33 440) -573%	(4 969) +72%	(18 043) -94%	(9 292) -260%	(2 584) +70%	(8 601) -1 481%	(544) +86%	(3 958) N/A	21 514 -7%	23 102 -8%	25 121 +2%	24 749 N/A	(4 902) +51%	(9 944) +47%	(18 745) -2%	(18 362) -8%	(16 953) N/A	23 340 -3%	24 123 +2%	23 727 -3%	24 445 N/A	(15 465) +0%	(15 495) -3%	(15 092) +1%	(15 206) -213%	(4 862) N/A

Change in Cash
Effect of Foreign Exchange Rates	4 747	4 138	3 862	4 669	4 388	(709)	(624)	(1 420)	(2 605)	(342)	(2 762)	(1 090)	(330)	(2 162)	(454)	(729)	318	1 104	4 103	2 989	(1 147)	(2 874)	(6 530)	(7 200)	(3 639)	(1 813)	(476)	1 759	1 591	1 821	2 336	1 228	1 419	4 462	3 499	2 473	2 793	782	(1 438)	(854)
Net Change in Cash	33 064 N/A	(5 689) +83%	(33 589) N/A	13 813 -74%	53 427 +25%	42 797 -34%	65 027 +142%	26 899 +130%	11 687 -48%	22 608 +10%	20 476 N/A	(18) +100%	(13 075) -18%	(11 065) -29%	(8 571) N/A	20 012 -7%	21 562 +23%	17 461 +31%	13 311 N/A	(1 510) +72%	(5 338) +66%	(15 535) -201%	(5 167) +66%	(15 058) -243%	(4 384) N/A	17 029 N/A	(95) N/A	27 591 +320%	6 573 N/A	(9 285) -21%	(7 704) N/A	7 506 -61%	19 092 -5%	20 084 -20%	25 066 N/A	(1 312) +33%	(1 949) N/A	248 N/A	(5 477) N/A	1 340 N/A

Free Cash Flow
Free Cash Flow	44 067 +17%	37 557 +4%	36 147 -5%	38 231 +13%	33 823 +13%	29 967 +109%	14 372 +115%	6 678 +7%	6 226 N/A	(993) +85%	(6 734) +24%	(8 853) -17%	(7 565) -182%	(2 678) N/A	15 213 -14%	17 732 -34%	26 812 +13%	23 748 +117%	10 928 -3%	11 323 -14%	13 206 -15%	15 558 +140%	6 494 -55%	14 510 +17%	12 405 -7%	13 344 -16%	15 838 +28%	12 357 N/A	(1 389) +67%	(4 168) N/A	8 417 +92%	4 380 -73%	15 941 +23%	13 005 +83%	7 102 +21%	5 889 +3%	5 736 -4%	5 992 -18%	7 274 -26%	9 819 N/A

NGK Spark Plug Co Ltd (TSE:5334)

Income Statement

Balance Sheet

Cash Flow Statement

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