Heiwa Corp
TSE:6412
Income Statement
Earnings Waterfall
Heiwa Corp
Revenue
|
128.8B
JPY
|
Cost of Revenue
|
-88.1B
JPY
|
Gross Profit
|
40.7B
JPY
|
Operating Expenses
|
-22.7B
JPY
|
Operating Income
|
18.1B
JPY
|
Other Expenses
|
-6.3B
JPY
|
Net Income
|
11.8B
JPY
|
Income Statement
Heiwa 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 |
164 009
N/A
|
181 570
+11%
|
201 063
+11%
|
207 483
+3%
|
202 031
-3%
|
198 605
-2%
|
182 275
-8%
|
207 255
+14%
|
221 124
+7%
|
214 954
-3%
|
216 771
+1%
|
188 967
-13%
|
191 066
+1%
|
186 218
-3%
|
167 410
-10%
|
154 762
-8%
|
136 949
-12%
|
132 765
-3%
|
143 846
+8%
|
150 799
+5%
|
143 983
-5%
|
144 980
+1%
|
140 161
-3%
|
138 680
-1%
|
147 863
+7%
|
144 573
-2%
|
123 937
-14%
|
108 443
-13%
|
106 348
-2%
|
107 744
+1%
|
123 622
+15%
|
128 717
+4%
|
124 011
-4%
|
121 558
-2%
|
124 238
+2%
|
133 734
+8%
|
145 435
+9%
|
142 290
-2%
|
142 501
+0%
|
138 075
-3%
|
128 841
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(98 012)
|
(108 565)
|
(120 573)
|
(126 327)
|
(121 486)
|
(119 216)
|
(110 688)
|
(129 073)
|
(137 264)
|
(136 113)
|
(135 715)
|
(113 028)
|
(115 646)
|
(112 171)
|
(104 833)
|
(101 632)
|
(89 945)
|
(88 181)
|
(91 699)
|
(92 733)
|
(89 317)
|
(89 143)
|
(87 693)
|
(86 277)
|
(89 959)
|
(88 261)
|
(81 335)
|
(75 884)
|
(78 273)
|
(78 709)
|
(85 818)
|
(90 202)
|
(87 274)
|
(88 159)
|
(87 990)
|
(90 896)
|
(94 783)
|
(92 976)
|
(93 398)
|
(91 298)
|
(88 095)
|
|
Gross Profit |
65 997
N/A
|
73 005
+11%
|
80 490
+10%
|
81 156
+1%
|
80 545
-1%
|
79 389
-1%
|
71 587
-10%
|
78 182
+9%
|
83 860
+7%
|
78 841
-6%
|
81 056
+3%
|
75 939
-6%
|
75 420
-1%
|
74 047
-2%
|
62 577
-15%
|
53 130
-15%
|
47 004
-12%
|
44 584
-5%
|
52 147
+17%
|
58 066
+11%
|
54 666
-6%
|
55 837
+2%
|
52 468
-6%
|
52 403
0%
|
57 904
+10%
|
56 312
-3%
|
42 602
-24%
|
32 559
-24%
|
28 075
-14%
|
29 035
+3%
|
37 804
+30%
|
38 515
+2%
|
36 737
-5%
|
33 399
-9%
|
36 248
+9%
|
42 838
+18%
|
50 652
+18%
|
49 314
-3%
|
49 103
0%
|
46 777
-5%
|
40 746
-13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(33 898)
|
(36 169)
|
(36 655)
|
(37 415)
|
(36 652)
|
(36 587)
|
(36 605)
|
(37 555)
|
(38 030)
|
(39 937)
|
(40 287)
|
(40 175)
|
(39 713)
|
(37 448)
|
(35 051)
|
(34 607)
|
(33 987)
|
(30 653)
|
(30 190)
|
(28 591)
|
(26 980)
|
(27 823)
|
(28 592)
|
(31 582)
|
(33 092)
|
(32 761)
|
(31 568)
|
(27 238)
|
(25 476)
|
(23 724)
|
(24 432)
|
(24 512)
|
(23 322)
|
(23 164)
|
(24 784)
|
(24 258)
|
(24 472)
|
(22 409)
|
(22 562)
|
(23 038)
|
(22 688)
|
|
Selling, General & Administrative |
(33 823)
|
(23 231)
|
(36 582)
|
(37 344)
|
(36 583)
|
(22 893)
|
(36 552)
|
(37 518)
|
(37 994)
|
(24 283)
|
(40 253)
|
(40 143)
|
(39 696)
|
(24 606)
|
(35 049)
|
(34 605)
|
(33 986)
|
(19 820)
|
(30 189)
|
(28 590)
|
(26 980)
|
(19 941)
|
(28 593)
|
(31 581)
|
(33 090)
|
(20 080)
|
(31 566)
|
(27 238)
|
(25 475)
|
(13 774)
|
(23 710)
|
(23 788)
|
(23 321)
|
(14 072)
|
(22 523)
|
(21 999)
|
(22 212)
|
(15 399)
|
(22 563)
|
(23 036)
|
(22 687)
|
|
Research & Development |
0
|
(12 864)
|
0
|
0
|
0
|
(13 624)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12 841)
|
0
|
0
|
0
|
(10 832)
|
0
|
0
|
0
|
(7 881)
|
0
|
0
|
0
|
(12 680)
|
0
|
0
|
0
|
(9 949)
|
0
|
0
|
0
|
(9 091)
|
0
|
0
|
0
|
(7 009)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(74)
|
(73)
|
(72)
|
(71)
|
(69)
|
0
|
0
|
0
|
(33)
|
(63)
|
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 |
(1)
|
(1)
|
0
|
0
|
0
|
(70)
|
(53)
|
(37)
|
(3)
|
(15 591)
|
(34)
|
(32)
|
(17)
|
(1)
|
(2)
|
(2)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(2)
|
(2)
|
(1)
|
(2)
|
0
|
(1)
|
(1)
|
(722)
|
(724)
|
(1)
|
(1)
|
(2 261)
|
(2 259)
|
(2 260)
|
(1)
|
0
|
(2)
|
(1)
|
|
Operating Income |
32 099
N/A
|
36 836
+15%
|
43 835
+19%
|
43 741
0%
|
43 893
+0%
|
42 802
-2%
|
34 982
-18%
|
40 627
+16%
|
45 830
+13%
|
38 904
-15%
|
40 769
+5%
|
35 764
-12%
|
35 707
0%
|
36 599
+2%
|
27 526
-25%
|
18 523
-33%
|
13 017
-30%
|
13 931
+7%
|
21 957
+58%
|
29 475
+34%
|
27 686
-6%
|
28 014
+1%
|
23 876
-15%
|
20 821
-13%
|
24 812
+19%
|
23 551
-5%
|
11 034
-53%
|
5 321
-52%
|
2 599
-51%
|
5 311
+104%
|
13 372
+152%
|
14 003
+5%
|
13 415
-4%
|
10 235
-24%
|
11 464
+12%
|
18 580
+62%
|
26 180
+41%
|
26 905
+3%
|
26 541
-1%
|
23 739
-11%
|
18 058
-24%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1 747)
|
(1 051)
|
(1 357)
|
646
|
785
|
1 042
|
1 309
|
(483)
|
(397)
|
(520)
|
(794)
|
(355)
|
(109)
|
84
|
213
|
(122)
|
(296)
|
(379)
|
(406)
|
(373)
|
(4)
|
32
|
62
|
97
|
(203)
|
(185)
|
(172)
|
(229)
|
182
|
162
|
88
|
136
|
(297)
|
(101)
|
(202)
|
(215)
|
(222)
|
(218)
|
(270)
|
(267)
|
(273)
|
|
Non-Reccuring Items |
(1 979)
|
(98)
|
(1 302)
|
(1 170)
|
(435)
|
(87)
|
38
|
(113)
|
17
|
1
|
(518)
|
(526)
|
(526)
|
(544)
|
(41)
|
(92)
|
(92)
|
(81)
|
(61)
|
(2)
|
(2)
|
4
|
0
|
0
|
0
|
0
|
(3 048)
|
(3 048)
|
(3 769)
|
(3 769)
|
0
|
0
|
0
|
(2 259)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
231
|
299
|
171
|
160
|
158
|
13
|
0
|
(282)
|
(279)
|
0
|
(285)
|
(5)
|
(8)
|
(421)
|
0
|
(39)
|
(307)
|
(311)
|
0
|
(304)
|
(99)
|
(192)
|
560
|
592
|
658
|
712
|
0
|
0
|
0
|
(189)
|
0
|
0
|
0
|
215
|
(95)
|
(137)
|
(146)
|
(163)
|
(72)
|
(53)
|
(67)
|
|
Total Other Income |
(111)
|
(380)
|
(191)
|
(402)
|
(633)
|
(132)
|
(407)
|
(433)
|
(461)
|
(1 219)
|
(1 017)
|
(1 043)
|
(1 065)
|
(616)
|
(589)
|
(517)
|
(451)
|
(106)
|
(474)
|
(321)
|
(342)
|
(402)
|
(342)
|
(124)
|
(256)
|
(48)
|
(248)
|
(42)
|
294
|
514
|
440
|
477
|
168
|
118
|
537
|
272
|
313
|
107
|
41
|
(477)
|
(334)
|
|
Pre-Tax Income |
28 493
N/A
|
35 606
+25%
|
41 156
+16%
|
42 975
+4%
|
43 768
+2%
|
43 638
0%
|
35 922
-18%
|
39 316
+9%
|
44 710
+14%
|
37 166
-17%
|
38 155
+3%
|
33 835
-11%
|
33 999
+0%
|
35 102
+3%
|
27 107
-23%
|
17 753
-35%
|
11 871
-33%
|
13 054
+10%
|
21 016
+61%
|
28 475
+35%
|
27 239
-4%
|
27 456
+1%
|
24 156
-12%
|
21 386
-11%
|
25 011
+17%
|
24 030
-4%
|
7 566
-69%
|
2 002
-74%
|
(694)
N/A
|
2 029
N/A
|
13 900
+585%
|
14 616
+5%
|
13 286
-9%
|
8 208
-38%
|
11 704
+43%
|
18 500
+58%
|
26 125
+41%
|
26 631
+2%
|
26 240
-1%
|
22 942
-13%
|
17 384
-24%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(13 226)
|
(14 028)
|
(15 361)
|
(15 837)
|
(16 832)
|
(16 029)
|
(13 695)
|
(10 860)
|
(10 813)
|
(8 439)
|
(8 365)
|
(10 180)
|
(10 759)
|
(8 043)
|
(5 294)
|
(3 330)
|
(2 310)
|
(6 254)
|
(8 429)
|
(10 308)
|
(9 501)
|
(11 115)
|
(10 149)
|
(9 127)
|
(10 231)
|
(8 157)
|
(3 363)
|
(1 717)
|
(1 258)
|
(1 164)
|
(4 588)
|
(5 028)
|
(5 288)
|
(6 015)
|
(6 790)
|
(8 052)
|
(8 030)
|
(5 946)
|
(5 966)
|
(5 619)
|
(5 596)
|
|
Income from Continuing Operations |
15 267
|
21 578
|
25 795
|
27 138
|
26 936
|
27 609
|
22 227
|
28 456
|
33 897
|
28 727
|
29 790
|
23 655
|
23 240
|
27 059
|
21 813
|
14 423
|
9 561
|
6 800
|
12 587
|
18 167
|
17 738
|
16 341
|
14 007
|
12 259
|
14 780
|
15 873
|
4 203
|
285
|
(1 952)
|
865
|
9 312
|
9 588
|
7 998
|
2 193
|
4 914
|
10 448
|
18 095
|
20 685
|
20 274
|
17 323
|
11 788
|
|
Income to Minority Interest |
(1 377)
|
(1 216)
|
(1 183)
|
(1 285)
|
(1 098)
|
(1 372)
|
(1 348)
|
(1 041)
|
(596)
|
(583)
|
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) |
13 889
N/A
|
20 361
+47%
|
24 610
+21%
|
25 852
+5%
|
25 836
0%
|
26 235
+2%
|
20 878
-20%
|
27 414
+31%
|
33 299
+21%
|
28 143
-15%
|
29 789
+6%
|
23 653
-21%
|
23 239
-2%
|
27 058
+16%
|
21 812
-19%
|
14 422
-34%
|
9 561
-34%
|
6 799
-29%
|
12 586
+85%
|
18 166
+44%
|
17 736
-2%
|
16 341
-8%
|
14 008
-14%
|
12 259
-12%
|
14 780
+21%
|
15 872
+7%
|
4 202
-74%
|
286
-93%
|
(1 952)
N/A
|
865
N/A
|
9 311
+976%
|
9 587
+3%
|
7 997
-17%
|
2 193
-73%
|
4 915
+124%
|
10 448
+113%
|
18 095
+73%
|
20 685
+14%
|
20 273
-2%
|
17 323
-15%
|
11 788
-32%
|
|
EPS (Diluted) |
161.5
N/A
|
236.75
+47%
|
286.16
+21%
|
300.6
+5%
|
300.41
0%
|
305.26
+2%
|
242.76
-20%
|
291.63
+20%
|
336.35
+15%
|
298.18
-11%
|
300.89
+1%
|
238.91
-21%
|
234.73
-2%
|
274.44
+17%
|
220.32
-20%
|
145.67
-34%
|
96.57
-34%
|
68.95
-29%
|
127.13
+84%
|
183.49
+44%
|
179.79
-2%
|
165.66
-8%
|
142.01
-14%
|
124.28
-12%
|
149.84
+21%
|
160.91
+7%
|
42.6
-74%
|
2.9
-93%
|
-19.79
N/A
|
8.77
N/A
|
94.4
+976%
|
97.2
+3%
|
81.08
-17%
|
22.23
-73%
|
49.83
+124%
|
105.93
+113%
|
183.46
+73%
|
209.72
+14%
|
205.55
-2%
|
175.64
-15%
|
119.52
-32%
|