Hokuetsu Industries Co Ltd
TSE:6364
Income Statement
Earnings Waterfall
Hokuetsu Industries Co Ltd
Revenue
|
52.2B
JPY
|
Cost of Revenue
|
-39.3B
JPY
|
Gross Profit
|
12.9B
JPY
|
Operating Expenses
|
-7.1B
JPY
|
Operating Income
|
5.8B
JPY
|
Other Expenses
|
-1.1B
JPY
|
Net Income
|
4.7B
JPY
|
Income Statement
Hokuetsu Industries 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 |
29 063
N/A
|
30 808
+6%
|
32 061
+4%
|
33 807
+5%
|
35 173
+4%
|
34 903
-1%
|
35 053
+0%
|
35 166
+0%
|
34 305
-2%
|
33 987
-1%
|
33 073
-3%
|
31 519
-5%
|
32 409
+3%
|
33 510
+3%
|
34 171
+2%
|
34 896
+2%
|
35 925
+3%
|
35 076
-2%
|
36 082
+3%
|
37 935
+5%
|
38 661
+2%
|
41 023
+6%
|
41 929
+2%
|
43 004
+3%
|
43 027
+0%
|
41 789
-3%
|
40 027
-4%
|
35 998
-10%
|
33 662
-6%
|
32 929
-2%
|
32 569
-1%
|
34 484
+6%
|
35 753
+4%
|
36 651
+3%
|
39 488
+8%
|
42 200
+7%
|
46 083
+9%
|
49 000
+6%
|
50 298
+3%
|
52 366
+4%
|
52 200
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(22 127)
|
(23 097)
|
(23 792)
|
(24 894)
|
(25 773)
|
(25 430)
|
(25 367)
|
(25 238)
|
(24 384)
|
(24 094)
|
(23 298)
|
(22 042)
|
(22 661)
|
(23 338)
|
(24 070)
|
(24 631)
|
(25 447)
|
(24 759)
|
(25 321)
|
(26 780)
|
(27 303)
|
(29 437)
|
(30 165)
|
(31 067)
|
(31 302)
|
(30 136)
|
(29 330)
|
(26 725)
|
(25 019)
|
(24 716)
|
(24 256)
|
(25 384)
|
(26 477)
|
(27 102)
|
(29 426)
|
(31 215)
|
(33 947)
|
(37 477)
|
(38 053)
|
(39 660)
|
(39 334)
|
|
Gross Profit |
6 937
N/A
|
7 711
+11%
|
8 269
+7%
|
8 913
+8%
|
9 401
+5%
|
9 473
+1%
|
9 687
+2%
|
9 929
+2%
|
9 921
0%
|
9 893
0%
|
9 775
-1%
|
9 477
-3%
|
9 748
+3%
|
10 172
+4%
|
10 101
-1%
|
10 265
+2%
|
10 478
+2%
|
10 316
-2%
|
10 761
+4%
|
11 155
+4%
|
11 358
+2%
|
11 585
+2%
|
11 764
+2%
|
11 937
+1%
|
11 725
-2%
|
11 653
-1%
|
10 697
-8%
|
9 274
-13%
|
8 643
-7%
|
8 214
-5%
|
8 313
+1%
|
9 100
+9%
|
9 276
+2%
|
9 549
+3%
|
10 061
+5%
|
10 985
+9%
|
12 136
+10%
|
11 524
-5%
|
12 245
+6%
|
12 706
+4%
|
12 867
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(5 004)
|
(5 182)
|
(5 311)
|
(5 513)
|
(5 533)
|
(5 669)
|
(5 720)
|
(5 635)
|
(5 612)
|
(5 550)
|
(5 492)
|
(5 487)
|
(5 508)
|
(5 579)
|
(5 689)
|
(5 775)
|
(5 808)
|
(5 755)
|
(5 863)
|
(5 947)
|
(6 016)
|
(6 175)
|
(6 197)
|
(6 264)
|
(6 328)
|
(6 333)
|
(6 159)
|
(5 931)
|
(5 796)
|
(5 724)
|
(5 726)
|
(5 690)
|
(5 822)
|
(5 979)
|
(6 310)
|
(6 637)
|
(6 644)
|
(6 682)
|
(6 638)
|
(6 730)
|
(7 072)
|
|
Selling, General & Administrative |
(5 005)
|
(5 182)
|
(5 312)
|
(5 514)
|
(5 535)
|
(5 670)
|
(5 722)
|
(5 637)
|
(5 613)
|
(5 550)
|
(5 493)
|
(5 488)
|
(5 510)
|
(5 579)
|
(5 690)
|
(5 777)
|
(5 809)
|
(5 755)
|
(5 864)
|
(5 947)
|
(6 016)
|
(6 175)
|
(6 197)
|
(6 264)
|
(6 328)
|
(6 333)
|
(6 144)
|
(5 931)
|
(5 796)
|
(5 724)
|
(5 726)
|
(5 690)
|
(5 854)
|
(5 979)
|
(6 310)
|
(6 637)
|
(6 644)
|
(6 682)
|
(6 624)
|
(6 730)
|
(7 072)
|
|
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
|
(16)
|
(0)
|
(0)
|
0
|
0
|
0
|
32
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(14)
|
(0)
|
(0)
|
|
Operating Income |
1 931
N/A
|
2 529
+31%
|
2 957
+17%
|
3 400
+15%
|
3 867
+14%
|
3 804
-2%
|
3 966
+4%
|
4 293
+8%
|
4 309
+0%
|
4 343
+1%
|
4 283
-1%
|
3 990
-7%
|
4 240
+6%
|
4 593
+8%
|
4 412
-4%
|
4 489
+2%
|
4 669
+4%
|
4 561
-2%
|
4 897
+7%
|
5 208
+6%
|
5 341
+3%
|
5 410
+1%
|
5 567
+3%
|
5 673
+2%
|
5 398
-5%
|
5 320
-1%
|
4 538
-15%
|
3 343
-26%
|
2 847
-15%
|
2 490
-13%
|
2 587
+4%
|
3 410
+32%
|
3 453
+1%
|
3 570
+3%
|
3 751
+5%
|
4 348
+16%
|
5 492
+26%
|
4 842
-12%
|
5 607
+16%
|
5 976
+7%
|
5 795
-3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
604
|
377
|
284
|
324
|
340
|
336
|
348
|
241
|
58
|
(77)
|
(200)
|
(35)
|
95
|
82
|
196
|
26
|
(91)
|
23
|
83
|
130
|
6
|
167
|
47
|
54
|
245
|
78
|
87
|
11
|
(70)
|
221
|
251
|
310
|
417
|
419
|
963
|
1 003
|
(45)
|
539
|
541
|
479
|
863
|
|
Non-Reccuring Items |
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(39)
|
(28)
|
(28)
|
(14)
|
11
|
(16)
|
0
|
(36)
|
(47)
|
0
|
0
|
21
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
(14)
|
(19)
|
|
Gain/Loss on Disposition of Assets |
(15)
|
(41)
|
(47)
|
(40)
|
(26)
|
(11)
|
(9)
|
(7)
|
(20)
|
0
|
14
|
15
|
17
|
15
|
(3)
|
(5)
|
(9)
|
30
|
29
|
(40)
|
(35)
|
(84)
|
(85)
|
(60)
|
(63)
|
(62)
|
(63)
|
(16)
|
0
|
(25)
|
(15)
|
(15)
|
(19)
|
(10)
|
(6)
|
(12)
|
(9)
|
(12)
|
(12)
|
(5)
|
(17)
|
|
Total Other Income |
153
|
59
|
9
|
54
|
68
|
98
|
106
|
60
|
16
|
37
|
21
|
23
|
24
|
16
|
55
|
65
|
71
|
78
|
81
|
89
|
96
|
96
|
77
|
71
|
66
|
64
|
106
|
161
|
146
|
210
|
174
|
115
|
116
|
69
|
62
|
55
|
17
|
23
|
22
|
16
|
35
|
|
Pre-Tax Income |
2 677
N/A
|
2 924
+9%
|
3 201
+9%
|
3 736
+17%
|
4 248
+14%
|
4 227
0%
|
4 411
+4%
|
4 587
+4%
|
4 363
-5%
|
4 303
-1%
|
4 119
-4%
|
3 994
-3%
|
4 376
+10%
|
4 706
+8%
|
4 659
-1%
|
4 574
-2%
|
4 640
+1%
|
4 691
+1%
|
5 090
+8%
|
5 372
+6%
|
5 368
0%
|
5 561
+4%
|
5 577
+0%
|
5 725
+3%
|
5 657
-1%
|
5 384
-5%
|
4 668
-13%
|
3 463
-26%
|
2 875
-17%
|
2 895
+1%
|
2 997
+4%
|
3 840
+28%
|
3 967
+3%
|
4 047
+2%
|
4 771
+18%
|
5 395
+13%
|
5 456
+1%
|
5 377
-1%
|
6 159
+15%
|
6 451
+5%
|
6 657
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(997)
|
(1 121)
|
(1 205)
|
(1 458)
|
(1 603)
|
(1 517)
|
(1 562)
|
(1 610)
|
(1 521)
|
(1 596)
|
(1 532)
|
(1 493)
|
(1 658)
|
(1 668)
|
(1 646)
|
(1 601)
|
(1 502)
|
(1 448)
|
(1 589)
|
(1 650)
|
(1 691)
|
(1 798)
|
(1 781)
|
(1 840)
|
(1 825)
|
(1 753)
|
(1 573)
|
(1 183)
|
(964)
|
(944)
|
(912)
|
(1 164)
|
(1 227)
|
(1 282)
|
(1 512)
|
(1 714)
|
(1 714)
|
(1 607)
|
(1 831)
|
(1 904)
|
(1 966)
|
|
Income from Continuing Operations |
1 681
|
1 803
|
1 998
|
2 280
|
2 646
|
2 710
|
2 850
|
2 978
|
2 842
|
2 707
|
2 585
|
2 499
|
2 717
|
3 038
|
3 013
|
2 974
|
3 139
|
3 243
|
3 501
|
3 722
|
3 677
|
3 763
|
3 797
|
3 884
|
3 832
|
3 630
|
3 095
|
2 280
|
1 912
|
1 951
|
2 086
|
2 676
|
2 739
|
2 765
|
3 259
|
3 680
|
3 742
|
3 770
|
4 328
|
4 546
|
4 691
|
|
Income to Minority Interest |
(4)
|
(4)
|
(7)
|
(8)
|
(7)
|
(7)
|
(5)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(6)
|
(7)
|
(12)
|
(12)
|
(12)
|
(10)
|
(7)
|
(4)
|
(1)
|
(3)
|
(3)
|
(4)
|
(8)
|
(9)
|
(10)
|
(10)
|
(8)
|
(7)
|
(8)
|
(13)
|
(17)
|
(16)
|
(17)
|
(17)
|
(17)
|
(18)
|
(18)
|
(17)
|
(15)
|
|
Net Income (Common) |
1 675
N/A
|
1 798
+7%
|
1 991
+11%
|
2 271
+14%
|
2 638
+16%
|
2 703
+2%
|
2 843
+5%
|
2 972
+5%
|
2 837
-5%
|
2 702
-5%
|
2 582
-4%
|
2 495
-3%
|
2 711
+9%
|
3 031
+12%
|
3 002
-1%
|
2 963
-1%
|
3 128
+6%
|
3 233
+3%
|
3 493
+8%
|
3 716
+6%
|
3 674
-1%
|
3 759
+2%
|
3 794
+1%
|
3 881
+2%
|
3 824
-1%
|
3 622
-5%
|
3 084
-15%
|
2 270
-26%
|
1 904
-16%
|
1 944
+2%
|
2 078
+7%
|
2 663
+28%
|
2 723
+2%
|
2 749
+1%
|
3 242
+18%
|
3 663
+13%
|
3 725
+2%
|
3 752
+1%
|
4 310
+15%
|
4 530
+5%
|
4 676
+3%
|
|
EPS (Diluted) |
57.75
N/A
|
62
+7%
|
68.64
+11%
|
78.31
+14%
|
90.96
+16%
|
93.13
+2%
|
98.03
+5%
|
102.48
+5%
|
97.82
-5%
|
91.76
-6%
|
89.03
-3%
|
86.03
-3%
|
93.48
+9%
|
103.07
+10%
|
103.51
+0%
|
102.17
-1%
|
107.86
+6%
|
110.09
+2%
|
120.44
+9%
|
128.13
+6%
|
125.19
-2%
|
128.09
+2%
|
129.29
+1%
|
132.26
+2%
|
130.42
-1%
|
123.5
-5%
|
105.66
-14%
|
78.46
-26%
|
66.06
-16%
|
67.2
+2%
|
72.14
+7%
|
92.42
+28%
|
94.79
+3%
|
95.76
+1%
|
114.21
+19%
|
129
+13%
|
131.63
+2%
|
132.47
+1%
|
152.95
+15%
|
161.33
+5%
|
167.5
+4%
|