Shinagawa Refractories Co Ltd
TSE:5351
Income Statement
Earnings Waterfall
Shinagawa Refractories Co Ltd
Revenue
|
139.7B
JPY
|
Cost of Revenue
|
-108.7B
JPY
|
Gross Profit
|
31B
JPY
|
Operating Expenses
|
-17.6B
JPY
|
Operating Income
|
13.4B
JPY
|
Other Expenses
|
986m
JPY
|
Net Income
|
14.4B
JPY
|
Income Statement
Shinagawa Refractories 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 |
97 660
N/A
|
96 875
-1%
|
98 291
+1%
|
98 613
+0%
|
99 426
+1%
|
100 188
+1%
|
100 031
0%
|
99 565
0%
|
99 139
0%
|
97 889
-1%
|
97 581
0%
|
96 786
-1%
|
101 049
+4%
|
103 722
+3%
|
104 268
+1%
|
106 008
+2%
|
103 305
-3%
|
102 749
-1%
|
106 166
+3%
|
112 116
+6%
|
117 287
+5%
|
119 067
+2%
|
120 417
+1%
|
118 657
-1%
|
118 766
+0%
|
118 973
+0%
|
114 306
-4%
|
107 393
-6%
|
102 129
-5%
|
99 969
-2%
|
101 400
+1%
|
105 295
+4%
|
108 681
+3%
|
110 784
+2%
|
114 603
+3%
|
119 395
+4%
|
122 489
+3%
|
124 963
+2%
|
131 972
+6%
|
136 603
+4%
|
139 744
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(81 658)
|
(81 023)
|
(81 992)
|
(82 036)
|
(82 413)
|
(82 963)
|
(82 737)
|
(82 455)
|
(82 332)
|
(80 690)
|
(80 142)
|
(79 011)
|
(82 612)
|
(84 850)
|
(85 218)
|
(86 669)
|
(83 839)
|
(84 000)
|
(86 440)
|
(90 965)
|
(94 933)
|
(95 637)
|
(97 187)
|
(95 400)
|
(95 771)
|
(95 850)
|
(91 849)
|
(86 923)
|
(82 420)
|
(80 016)
|
(80 096)
|
(82 286)
|
(84 480)
|
(86 227)
|
(89 493)
|
(92 997)
|
(95 537)
|
(97 550)
|
(103 006)
|
(106 575)
|
(108 711)
|
|
Gross Profit |
16 002
N/A
|
15 852
-1%
|
16 299
+3%
|
16 577
+2%
|
17 013
+3%
|
17 225
+1%
|
17 294
+0%
|
17 110
-1%
|
16 807
-2%
|
17 199
+2%
|
17 439
+1%
|
17 775
+2%
|
18 437
+4%
|
18 872
+2%
|
19 050
+1%
|
19 339
+2%
|
19 466
+1%
|
18 749
-4%
|
19 726
+5%
|
21 151
+7%
|
22 354
+6%
|
23 430
+5%
|
23 230
-1%
|
23 257
+0%
|
22 995
-1%
|
23 123
+1%
|
22 457
-3%
|
20 470
-9%
|
19 709
-4%
|
19 953
+1%
|
21 304
+7%
|
23 009
+8%
|
24 201
+5%
|
24 557
+1%
|
25 110
+2%
|
26 398
+5%
|
26 952
+2%
|
27 413
+2%
|
28 966
+6%
|
30 028
+4%
|
31 033
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(11 665)
|
(11 750)
|
(11 841)
|
(11 781)
|
(11 984)
|
(12 247)
|
(12 228)
|
(12 446)
|
(12 298)
|
(12 180)
|
(12 386)
|
(12 304)
|
(12 410)
|
(12 528)
|
(12 479)
|
(12 601)
|
(12 778)
|
(12 700)
|
(12 827)
|
(12 903)
|
(13 048)
|
(13 197)
|
(13 288)
|
(13 449)
|
(13 455)
|
(13 526)
|
(13 287)
|
(13 015)
|
(12 846)
|
(12 668)
|
(12 932)
|
(13 270)
|
(13 654)
|
(14 450)
|
(15 136)
|
(15 985)
|
(16 718)
|
(16 569)
|
(17 005)
|
(17 486)
|
(17 593)
|
|
Selling, General & Administrative |
(11 832)
|
(11 036)
|
(12 009)
|
(11 946)
|
(12 107)
|
(11 493)
|
(12 267)
|
(12 446)
|
(12 298)
|
(11 232)
|
(12 386)
|
(12 303)
|
(12 408)
|
(11 576)
|
(12 477)
|
(12 600)
|
(12 778)
|
(11 721)
|
(12 826)
|
(12 903)
|
(13 047)
|
(12 213)
|
(13 288)
|
(13 447)
|
(13 454)
|
(12 406)
|
(13 285)
|
(13 013)
|
(12 845)
|
(11 546)
|
(12 931)
|
(13 269)
|
(13 652)
|
(13 243)
|
(15 135)
|
(15 985)
|
(16 717)
|
(15 222)
|
(17 080)
|
(17 484)
|
(17 592)
|
|
Research & Development |
0
|
(881)
|
0
|
0
|
0
|
(836)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(951)
|
0
|
0
|
0
|
(978)
|
0
|
0
|
0
|
(983)
|
0
|
0
|
0
|
(1 119)
|
0
|
0
|
0
|
(1 120)
|
0
|
0
|
0
|
(1 206)
|
0
|
0
|
0
|
(1 346)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
168
|
168
|
168
|
167
|
125
|
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)
|
0
|
(2)
|
0
|
82
|
39
|
0
|
0
|
(948)
|
0
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
0
|
(1)
|
(1)
|
0
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
0
|
(1)
|
0
|
(1)
|
0
|
0
|
(1)
|
(1)
|
75
|
0
|
(1)
|
|
Operating Income |
4 337
N/A
|
4 102
-5%
|
4 458
+9%
|
4 796
+8%
|
5 029
+5%
|
4 978
-1%
|
5 066
+2%
|
4 664
-8%
|
4 509
-3%
|
5 019
+11%
|
5 053
+1%
|
5 471
+8%
|
6 027
+10%
|
6 344
+5%
|
6 571
+4%
|
6 738
+3%
|
6 688
-1%
|
6 049
-10%
|
6 899
+14%
|
8 248
+20%
|
9 306
+13%
|
10 233
+10%
|
9 942
-3%
|
9 808
-1%
|
9 540
-3%
|
9 597
+1%
|
9 170
-4%
|
7 455
-19%
|
6 863
-8%
|
7 285
+6%
|
8 372
+15%
|
9 739
+16%
|
10 547
+8%
|
10 107
-4%
|
9 974
-1%
|
10 413
+4%
|
10 234
-2%
|
10 844
+6%
|
11 961
+10%
|
12 542
+5%
|
13 440
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
66
|
(6)
|
24
|
131
|
276
|
333
|
144
|
370
|
83
|
196
|
159
|
(209)
|
(24)
|
16
|
36
|
201
|
223
|
217
|
233
|
262
|
163
|
300
|
249
|
183
|
468
|
423
|
237
|
290
|
(2)
|
228
|
325
|
330
|
509
|
594
|
954
|
1 172
|
711
|
460
|
180
|
113
|
1 221
|
|
Non-Reccuring Items |
(448)
|
(412)
|
(387)
|
(368)
|
(252)
|
(174)
|
(287)
|
(252)
|
(223)
|
(395)
|
(369)
|
(377)
|
(380)
|
(181)
|
(98)
|
(168)
|
(165)
|
(142)
|
(96)
|
(41)
|
(48)
|
(570)
|
(1 435)
|
(1 554)
|
(1 532)
|
(1 477)
|
(667)
|
(3 814)
|
(3 814)
|
(3 442)
|
(2 791)
|
476
|
461
|
(1 045)
|
(1 698)
|
(2 035)
|
(1 663)
|
62
|
0
|
428
|
56
|
|
Gain/Loss on Disposition of Assets |
878
|
752
|
766
|
(82)
|
(96)
|
61
|
94
|
107
|
142
|
0
|
(58)
|
(60)
|
(65)
|
(115)
|
(123)
|
(155)
|
(175)
|
(84)
|
16
|
517
|
517
|
150
|
70
|
(421)
|
(417)
|
(547)
|
(649)
|
(635)
|
0
|
(366)
|
(36)
|
(22)
|
(89)
|
(272)
|
(255)
|
802
|
723
|
958
|
7 386
|
6 320
|
6 493
|
|
Total Other Income |
155
|
64
|
142
|
138
|
117
|
33
|
77
|
2
|
14
|
3
|
19
|
60
|
36
|
6
|
108
|
125
|
171
|
112
|
193
|
196
|
193
|
126
|
180
|
117
|
129
|
106
|
188
|
410
|
(369)
|
708
|
405
|
258
|
416
|
29
|
55
|
61
|
58
|
154
|
251
|
256
|
221
|
|
Pre-Tax Income |
4 988
N/A
|
4 500
-10%
|
5 003
+11%
|
4 615
-8%
|
5 074
+10%
|
5 231
+3%
|
5 094
-3%
|
4 891
-4%
|
4 525
-7%
|
4 823
+7%
|
4 804
0%
|
4 885
+2%
|
5 594
+15%
|
6 070
+9%
|
6 494
+7%
|
6 741
+4%
|
6 742
+0%
|
6 152
-9%
|
7 245
+18%
|
9 182
+27%
|
10 131
+10%
|
10 239
+1%
|
9 006
-12%
|
8 133
-10%
|
8 188
+1%
|
8 102
-1%
|
8 279
+2%
|
3 706
-55%
|
2 678
-28%
|
4 413
+65%
|
6 275
+42%
|
10 781
+72%
|
11 844
+10%
|
9 413
-21%
|
9 030
-4%
|
10 413
+15%
|
10 063
-3%
|
12 478
+24%
|
19 778
+59%
|
19 659
-1%
|
21 431
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 718)
|
(1 983)
|
(2 065)
|
(2 137)
|
(2 254)
|
(1 839)
|
(1 857)
|
(1 755)
|
(1 603)
|
(1 701)
|
(1 752)
|
(1 695)
|
(1 836)
|
(1 730)
|
(1 703)
|
(1 739)
|
(1 516)
|
(1 517)
|
(1 814)
|
(2 486)
|
(2 896)
|
(3 048)
|
(2 660)
|
(2 219)
|
(2 311)
|
(1 529)
|
(1 773)
|
(421)
|
(21)
|
(1 321)
|
(1 631)
|
(3 136)
|
(3 467)
|
(2 600)
|
(2 731)
|
(3 064)
|
(3 028)
|
(3 710)
|
(5 992)
|
(6 070)
|
(6 541)
|
|
Income from Continuing Operations |
3 270
|
2 517
|
2 938
|
2 478
|
2 820
|
3 392
|
3 237
|
3 136
|
2 922
|
3 122
|
3 052
|
3 190
|
3 758
|
4 340
|
4 791
|
5 002
|
5 226
|
4 635
|
5 431
|
6 696
|
7 235
|
7 191
|
6 346
|
5 914
|
5 877
|
6 573
|
6 506
|
3 285
|
2 657
|
3 092
|
4 644
|
7 645
|
8 377
|
6 813
|
6 299
|
7 349
|
7 035
|
8 768
|
13 786
|
13 589
|
14 890
|
|
Income to Minority Interest |
(373)
|
(292)
|
(299)
|
(363)
|
(330)
|
(293)
|
(316)
|
(257)
|
(282)
|
(325)
|
(394)
|
(419)
|
(571)
|
(737)
|
(892)
|
(1 162)
|
(1 238)
|
(1 215)
|
(1 142)
|
(1 175)
|
(1 125)
|
(964)
|
(973)
|
(942)
|
(941)
|
(1 022)
|
(931)
|
(766)
|
(771)
|
(977)
|
(1 197)
|
(1 400)
|
(1 456)
|
(1 504)
|
(1 236)
|
(1 000)
|
(752)
|
(460)
|
(454)
|
(432)
|
(464)
|
|
Net Income (Common) |
2 895
N/A
|
2 224
-23%
|
2 637
+19%
|
2 113
-20%
|
2 490
+18%
|
3 098
+24%
|
2 921
-6%
|
2 879
-1%
|
2 639
-8%
|
2 796
+6%
|
2 655
-5%
|
2 770
+4%
|
3 186
+15%
|
3 602
+13%
|
3 899
+8%
|
3 839
-2%
|
3 988
+4%
|
3 419
-14%
|
4 288
+25%
|
5 519
+29%
|
6 108
+11%
|
6 225
+2%
|
5 371
-14%
|
4 971
-7%
|
4 934
-1%
|
5 550
+12%
|
5 574
+0%
|
2 520
-55%
|
1 885
-25%
|
2 114
+12%
|
3 446
+63%
|
6 242
+81%
|
6 921
+11%
|
5 308
-23%
|
5 063
-5%
|
6 348
+25%
|
6 280
-1%
|
8 307
+32%
|
13 329
+60%
|
13 156
-1%
|
14 426
+10%
|
|
EPS (Diluted) |
321.66
N/A
|
247.11
-23%
|
293
+19%
|
234.77
-20%
|
276.66
+18%
|
328.6
+19%
|
324.55
-1%
|
319.88
-1%
|
293.22
-8%
|
296.58
+1%
|
295
-1%
|
307.77
+4%
|
354
+15%
|
382.08
+8%
|
433.22
+13%
|
426.55
-2%
|
443.11
+4%
|
364.83
-18%
|
476.44
+31%
|
613.22
+29%
|
654.09
+7%
|
666.59
+2%
|
575.16
-14%
|
532.33
-7%
|
528.36
-1%
|
594.31
+12%
|
596.91
+0%
|
269.69
-55%
|
201.66
-25%
|
45.25
-78%
|
368.71
+715%
|
667.59
+81%
|
740.13
+11%
|
113.55
-85%
|
541.46
+377%
|
678.56
+25%
|
134.24
-80%
|
177.59
+32%
|
284.92
+60%
|
281.18
-1%
|
312.37
+11%
|