Hirakawa Hewtech Corp
TSE:5821
Income Statement
Earnings Waterfall
Hirakawa Hewtech Corp
Revenue
|
29.9B
JPY
|
Cost of Revenue
|
-23B
JPY
|
Gross Profit
|
6.9B
JPY
|
Operating Expenses
|
-4.8B
JPY
|
Operating Income
|
2B
JPY
|
Other Expenses
|
-465m
JPY
|
Net Income
|
1.6B
JPY
|
Income Statement
Hirakawa Hewtech Corp
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 |
22 257
N/A
|
23 317
+5%
|
23 908
+3%
|
24 031
+1%
|
24 389
+1%
|
24 775
+2%
|
25 777
+4%
|
26 950
+5%
|
27 832
+3%
|
27 947
+0%
|
27 060
-3%
|
26 117
-3%
|
25 007
-4%
|
24 461
-2%
|
24 540
+0%
|
25 138
+2%
|
25 519
+2%
|
25 993
+2%
|
26 608
+2%
|
26 743
+1%
|
27 133
+1%
|
26 853
-1%
|
26 116
-3%
|
26 053
0%
|
25 361
-3%
|
24 880
-2%
|
23 907
-4%
|
22 729
-5%
|
22 393
-1%
|
22 954
+3%
|
24 821
+8%
|
26 352
+6%
|
27 721
+5%
|
27 803
+0%
|
28 701
+3%
|
29 811
+4%
|
31 073
+4%
|
32 224
+4%
|
31 684
-2%
|
30 478
-4%
|
29 877
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(18 216)
|
(19 064)
|
(19 528)
|
(19 487)
|
(19 769)
|
(20 041)
|
(20 806)
|
(21 597)
|
(21 872)
|
(21 775)
|
(20 779)
|
(19 601)
|
(18 704)
|
(18 106)
|
(18 072)
|
(18 788)
|
(19 270)
|
(19 781)
|
(20 320)
|
(20 372)
|
(20 393)
|
(20 100)
|
(19 540)
|
(19 333)
|
(18 842)
|
(18 501)
|
(17 771)
|
(17 063)
|
(16 936)
|
(17 426)
|
(18 980)
|
(20 331)
|
(21 507)
|
(21 800)
|
(22 542)
|
(23 379)
|
(23 954)
|
(24 395)
|
(23 921)
|
(23 012)
|
(22 987)
|
|
Gross Profit |
4 041
N/A
|
4 253
+5%
|
4 380
+3%
|
4 544
+4%
|
4 620
+2%
|
4 734
+2%
|
4 971
+5%
|
5 353
+8%
|
5 960
+11%
|
6 172
+4%
|
6 281
+2%
|
6 516
+4%
|
6 303
-3%
|
6 355
+1%
|
6 468
+2%
|
6 350
-2%
|
6 249
-2%
|
6 212
-1%
|
6 288
+1%
|
6 371
+1%
|
6 740
+6%
|
6 753
+0%
|
6 576
-3%
|
6 720
+2%
|
6 519
-3%
|
6 379
-2%
|
6 136
-4%
|
5 666
-8%
|
5 457
-4%
|
5 528
+1%
|
5 841
+6%
|
6 021
+3%
|
6 214
+3%
|
6 003
-3%
|
6 159
+3%
|
6 432
+4%
|
7 119
+11%
|
7 829
+10%
|
7 763
-1%
|
7 466
-4%
|
6 890
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 378)
|
(3 474)
|
(3 458)
|
(3 555)
|
(3 500)
|
(3 535)
|
(3 563)
|
(3 584)
|
(3 672)
|
(3 805)
|
(4 123)
|
(3 763)
|
(3 787)
|
(3 794)
|
(3 846)
|
(3 980)
|
(4 013)
|
(4 040)
|
(4 116)
|
(4 174)
|
(4 265)
|
(4 152)
|
(4 283)
|
(4 250)
|
(4 114)
|
(4 058)
|
(4 050)
|
(3 958)
|
(3 799)
|
(3 833)
|
(4 391)
|
(4 448)
|
(4 080)
|
(4 047)
|
(4 138)
|
(4 306)
|
(4 508)
|
(4 726)
|
(4 784)
|
(4 864)
|
(4 841)
|
|
Selling, General & Administrative |
(3 377)
|
(3 200)
|
(3 457)
|
(3 553)
|
(3 500)
|
(3 237)
|
(3 562)
|
(3 583)
|
(3 670)
|
(3 498)
|
(3 803)
|
(3 762)
|
(3 785)
|
(3 425)
|
(3 845)
|
(3 979)
|
(4 012)
|
(3 552)
|
(4 092)
|
(4 150)
|
(4 168)
|
(3 698)
|
(4 186)
|
(4 153)
|
(4 112)
|
(3 629)
|
(3 974)
|
(3 878)
|
(3 799)
|
(3 402)
|
(3 904)
|
(3 964)
|
(4 032)
|
(3 658)
|
(4 139)
|
(4 304)
|
(4 506)
|
(4 268)
|
(4 781)
|
(4 864)
|
(4 842)
|
|
Research & Development |
0
|
(132)
|
0
|
0
|
0
|
(148)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(172)
|
0
|
0
|
0
|
(234)
|
0
|
0
|
0
|
(178)
|
0
|
0
|
0
|
(169)
|
0
|
0
|
0
|
(168)
|
0
|
0
|
0
|
(147)
|
0
|
0
|
0
|
(222)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
(141)
|
0
|
0
|
0
|
(149)
|
0
|
0
|
0
|
(163)
|
0
|
0
|
0
|
(196)
|
0
|
0
|
0
|
(252)
|
0
|
0
|
0
|
(275)
|
0
|
0
|
0
|
(259)
|
0
|
0
|
0
|
(262)
|
0
|
0
|
0
|
(241)
|
0
|
0
|
0
|
(235)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
(1)
|
(1)
|
(2)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(144)
|
(320)
|
(1)
|
(2)
|
(1)
|
(1)
|
0
|
(1)
|
(2)
|
(24)
|
(24)
|
(97)
|
(1)
|
(97)
|
(97)
|
(2)
|
(1)
|
(76)
|
(80)
|
0
|
(1)
|
(487)
|
(484)
|
(48)
|
(1)
|
0
|
(2)
|
0
|
(1)
|
(3)
|
0
|
1
|
|
Operating Income |
664
N/A
|
779
+17%
|
922
+18%
|
989
+7%
|
1 120
+13%
|
1 199
+7%
|
1 408
+17%
|
1 769
+26%
|
2 288
+29%
|
2 367
+3%
|
2 158
-9%
|
2 753
+28%
|
2 516
-9%
|
2 561
+2%
|
2 622
+2%
|
2 370
-10%
|
2 236
-6%
|
2 172
-3%
|
2 172
N/A
|
2 197
+1%
|
2 475
+13%
|
2 601
+5%
|
2 293
-12%
|
2 470
+8%
|
2 405
-3%
|
2 321
-3%
|
2 086
-10%
|
1 708
-18%
|
1 658
-3%
|
1 695
+2%
|
1 450
-14%
|
1 573
+8%
|
2 134
+36%
|
1 956
-8%
|
2 021
+3%
|
2 126
+5%
|
2 611
+23%
|
3 103
+19%
|
2 979
-4%
|
2 602
-13%
|
2 049
-21%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
98
|
7
|
(26)
|
76
|
136
|
163
|
171
|
80
|
20
|
(30)
|
(82)
|
(62)
|
36
|
41
|
204
|
402
|
302
|
261
|
175
|
24
|
(41)
|
47
|
(17)
|
(80)
|
80
|
(40)
|
19
|
(13)
|
(145)
|
165
|
108
|
137
|
183
|
60
|
369
|
506
|
299
|
281
|
340
|
190
|
362
|
|
Non-Reccuring Items |
186
|
240
|
6
|
(29)
|
(36)
|
(41)
|
(72)
|
(154)
|
(238)
|
(350)
|
0
|
(202)
|
(123)
|
(8)
|
(179)
|
(179)
|
(165)
|
(193)
|
0
|
0
|
(27)
|
(91)
|
0
|
2
|
(40)
|
(76)
|
0
|
0
|
(473)
|
(484)
|
0
|
0
|
0
|
(23)
|
(118)
|
(123)
|
(130)
|
(181)
|
(38)
|
(37)
|
(295)
|
|
Gain/Loss on Disposition of Assets |
0
|
48
|
0
|
0
|
0
|
0
|
0
|
98
|
98
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
93
|
0
|
0
|
0
|
0
|
564
|
564
|
564
|
564
|
0
|
0
|
0
|
|
Total Other Income |
48
|
34
|
125
|
116
|
100
|
53
|
35
|
36
|
46
|
134
|
132
|
40
|
31
|
44
|
57
|
56
|
49
|
48
|
38
|
39
|
36
|
52
|
29
|
24
|
19
|
5
|
27
|
26
|
36
|
51
|
130
|
135
|
131
|
66
|
40
|
50
|
66
|
134
|
138
|
135
|
118
|
|
Pre-Tax Income |
995
N/A
|
1 108
+11%
|
1 027
-7%
|
1 152
+12%
|
1 320
+15%
|
1 374
+4%
|
1 542
+12%
|
1 829
+19%
|
2 214
+21%
|
2 121
-4%
|
2 208
+4%
|
2 529
+15%
|
2 460
-3%
|
2 638
+7%
|
2 706
+3%
|
2 651
-2%
|
2 424
-9%
|
2 290
-6%
|
2 385
+4%
|
2 260
-5%
|
2 443
+8%
|
2 604
+7%
|
2 305
-11%
|
2 416
+5%
|
2 464
+2%
|
2 210
-10%
|
2 132
-4%
|
1 721
-19%
|
1 076
-37%
|
1 520
+41%
|
1 688
+11%
|
1 845
+9%
|
2 448
+33%
|
2 059
-16%
|
2 876
+40%
|
3 123
+9%
|
3 410
+9%
|
3 901
+14%
|
3 419
-12%
|
2 890
-15%
|
2 234
-23%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(499)
|
(432)
|
(369)
|
(398)
|
(386)
|
(437)
|
(499)
|
(550)
|
(705)
|
(579)
|
(547)
|
(580)
|
(467)
|
(522)
|
(528)
|
(476)
|
(487)
|
(488)
|
(549)
|
(565)
|
(617)
|
(600)
|
(508)
|
(556)
|
(547)
|
(549)
|
(562)
|
(438)
|
(379)
|
(438)
|
(481)
|
(566)
|
(619)
|
(556)
|
(784)
|
(932)
|
(931)
|
(944)
|
(813)
|
(688)
|
(650)
|
|
Income from Continuing Operations |
496
|
676
|
658
|
754
|
934
|
937
|
1 043
|
1 279
|
1 509
|
1 542
|
1 661
|
1 949
|
1 993
|
2 116
|
2 178
|
2 175
|
1 937
|
1 802
|
1 836
|
1 695
|
1 826
|
2 004
|
1 797
|
1 860
|
1 917
|
1 661
|
1 570
|
1 283
|
697
|
1 082
|
1 207
|
1 279
|
1 829
|
1 503
|
2 092
|
2 191
|
2 479
|
2 957
|
2 606
|
2 202
|
1 584
|
|
Income to Minority Interest |
0
|
0
|
0
|
3
|
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
|
(5)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
2
|
(4)
|
1
|
|
Net Income (Common) |
496
N/A
|
676
+36%
|
658
-3%
|
757
+15%
|
938
+24%
|
941
+0%
|
1 046
+11%
|
1 279
+22%
|
1 509
+18%
|
1 542
+2%
|
1 662
+8%
|
1 949
+17%
|
1 993
+2%
|
2 115
+6%
|
2 177
+3%
|
2 175
0%
|
1 936
-11%
|
1 802
-7%
|
1 835
+2%
|
1 695
-8%
|
1 826
+8%
|
2 003
+10%
|
1 796
-10%
|
1 859
+4%
|
1 915
+3%
|
1 660
-13%
|
1 570
-5%
|
1 282
-18%
|
697
-46%
|
1 082
+55%
|
1 201
+11%
|
1 277
+6%
|
1 829
+43%
|
1 503
-18%
|
2 098
+40%
|
2 192
+4%
|
2 478
+13%
|
2 955
+19%
|
2 606
-12%
|
2 196
-16%
|
1 584
-28%
|
|
EPS (Diluted) |
35.4
N/A
|
48.28
+36%
|
47
-3%
|
54.07
+15%
|
67
+24%
|
66.98
0%
|
74.71
+12%
|
91.35
+22%
|
107.78
+18%
|
109.77
+2%
|
118.71
+8%
|
139.21
+17%
|
142.35
+2%
|
150.57
+6%
|
155.5
+3%
|
155.35
0%
|
138.28
-11%
|
128.28
-7%
|
131.07
+2%
|
121.07
-8%
|
129.99
+7%
|
142.59
+10%
|
127.86
-10%
|
132.34
+4%
|
136.33
+3%
|
118.17
-13%
|
111.77
-5%
|
91.27
-18%
|
49.62
-46%
|
77.03
+55%
|
85.5
+11%
|
90.78
+6%
|
130.2
+43%
|
107
-18%
|
149.35
+40%
|
156.05
+4%
|
176.41
+13%
|
210.37
+19%
|
185.52
-12%
|
156.33
-16%
|
112.76
-28%
|