NTN Corp
TSE:6472
Income Statement
Earnings Waterfall
NTN Corp
Revenue
|
825.1B
JPY
|
Cost of Revenue
|
-688.8B
JPY
|
Gross Profit
|
136.3B
JPY
|
Operating Expenses
|
-113.6B
JPY
|
Operating Income
|
22.6B
JPY
|
Other Expenses
|
-3.8B
JPY
|
Net Income
|
18.8B
JPY
|
Income Statement
NTN 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 |
610 771
N/A
|
638 970
+5%
|
651 964
+2%
|
668 031
+2%
|
688 494
+3%
|
701 900
+2%
|
717 639
+2%
|
726 427
+1%
|
726 052
0%
|
716 996
-1%
|
701 468
-2%
|
683 049
-3%
|
678 018
-1%
|
683 328
+1%
|
695 115
+2%
|
714 439
+3%
|
733 444
+3%
|
744 372
+1%
|
754 524
+1%
|
756 624
+0%
|
748 022
-1%
|
733 569
-2%
|
716 045
-2%
|
697 875
-3%
|
676 450
-3%
|
651 956
-4%
|
572 011
-12%
|
556 485
-3%
|
556 324
0%
|
562 847
+1%
|
627 541
+11%
|
629 422
+0%
|
631 421
+0%
|
642 023
+2%
|
658 014
+2%
|
707 929
+8%
|
743 319
+5%
|
773 960
+4%
|
802 114
+4%
|
811 905
+1%
|
825 083
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(507 243)
|
(525 935)
|
(533 066)
|
(546 216)
|
(561 730)
|
(570 197)
|
(578 903)
|
(584 482)
|
(582 352)
|
(576 650)
|
(564 855)
|
(553 047)
|
(551 311)
|
(555 722)
|
(568 266)
|
(582 287)
|
(596 701)
|
(603 612)
|
(610 398)
|
(613 440)
|
(609 317)
|
(603 082)
|
(593 427)
|
(581 340)
|
(566 980)
|
(549 397)
|
(487 665)
|
(477 831)
|
(476 393)
|
(477 666)
|
(526 316)
|
(523 335)
|
(526 044)
|
(536 070)
|
(552 296)
|
(594 335)
|
(621 434)
|
(648 047)
|
(672 170)
|
(680 134)
|
(688 810)
|
|
Gross Profit |
103 528
N/A
|
113 035
+9%
|
118 898
+5%
|
121 815
+2%
|
126 764
+4%
|
131 703
+4%
|
138 736
+5%
|
141 945
+2%
|
143 700
+1%
|
140 346
-2%
|
136 613
-3%
|
130 002
-5%
|
126 707
-3%
|
127 606
+1%
|
126 849
-1%
|
132 152
+4%
|
136 743
+3%
|
140 760
+3%
|
144 126
+2%
|
143 184
-1%
|
138 705
-3%
|
130 487
-6%
|
122 618
-6%
|
116 535
-5%
|
109 470
-6%
|
102 559
-6%
|
84 346
-18%
|
78 654
-7%
|
79 931
+2%
|
85 181
+7%
|
101 225
+19%
|
106 087
+5%
|
105 377
-1%
|
105 953
+1%
|
105 718
0%
|
113 594
+7%
|
121 885
+7%
|
125 913
+3%
|
129 944
+3%
|
131 771
+1%
|
136 273
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(77 186)
|
(80 032)
|
(114 112)
|
(83 573)
|
(84 967)
|
(87 853)
|
(95 694)
|
(94 920)
|
(92 485)
|
(92 576)
|
(92 004)
|
(91 210)
|
(90 868)
|
(91 984)
|
(93 534)
|
(95 543)
|
(98 839)
|
(101 152)
|
(106 425)
|
(105 028)
|
(105 454)
|
(103 542)
|
(102 476)
|
(100 480)
|
(98 194)
|
(95 042)
|
(89 861)
|
(88 144)
|
(86 489)
|
(88 319)
|
(92 994)
|
(95 294)
|
(97 182)
|
(99 073)
|
(101 275)
|
(111 136)
|
(107 656)
|
(108 768)
|
(110 526)
|
(111 723)
|
(113 626)
|
|
Selling, General & Administrative |
(77 185)
|
(67 476)
|
(81 993)
|
(83 572)
|
(84 967)
|
(74 712)
|
(89 600)
|
(91 533)
|
(92 484)
|
(79 611)
|
(92 005)
|
(91 211)
|
(90 868)
|
(80 891)
|
(93 535)
|
(95 543)
|
(98 838)
|
(88 692)
|
(103 190)
|
(105 027)
|
(105 454)
|
(86 586)
|
(102 474)
|
(100 480)
|
(98 193)
|
(77 421)
|
(89 863)
|
(88 143)
|
(86 490)
|
(69 473)
|
(92 993)
|
(95 294)
|
(97 181)
|
(88 606)
|
(101 276)
|
(104 461)
|
(107 655)
|
(97 504)
|
(110 523)
|
(111 720)
|
(113 624)
|
|
Research & Development |
0
|
(10 363)
|
0
|
0
|
0
|
(10 711)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11 093)
|
0
|
0
|
0
|
(12 459)
|
0
|
0
|
0
|
(12 900)
|
0
|
0
|
0
|
(12 158)
|
0
|
0
|
0
|
(10 804)
|
0
|
0
|
0
|
(10 466)
|
0
|
0
|
0
|
(11 262)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
(2 192)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2 513)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4 055)
|
0
|
0
|
0
|
(5 462)
|
0
|
0
|
0
|
(8 042)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
(1)
|
(32 119)
|
(1)
|
0
|
(2 430)
|
(6 094)
|
(3 387)
|
(1)
|
(10 452)
|
1
|
1
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(3 235)
|
0
|
0
|
(1)
|
(2)
|
0
|
(1)
|
(1)
|
2
|
(1)
|
1
|
0
|
(1)
|
0
|
0
|
(1)
|
1
|
(6 675)
|
0
|
(2)
|
(3)
|
(3)
|
(2)
|
|
Operating Income |
26 342
N/A
|
33 003
+25%
|
4 786
-85%
|
38 242
+699%
|
41 797
+9%
|
43 850
+5%
|
43 042
-2%
|
47 025
+9%
|
51 215
+9%
|
47 770
-7%
|
44 609
-7%
|
38 792
-13%
|
35 839
-8%
|
35 622
-1%
|
33 315
-6%
|
36 609
+10%
|
37 904
+4%
|
39 608
+4%
|
37 701
-5%
|
38 156
+1%
|
33 251
-13%
|
26 945
-19%
|
20 142
-25%
|
16 055
-20%
|
11 276
-30%
|
7 517
-33%
|
(5 515)
N/A
|
(9 490)
-72%
|
(6 558)
+31%
|
(3 138)
+52%
|
8 231
N/A
|
10 793
+31%
|
8 195
-24%
|
6 880
-16%
|
4 443
-35%
|
2 458
-45%
|
14 229
+479%
|
17 145
+20%
|
19 418
+13%
|
20 048
+3%
|
22 647
+13%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3 866)
|
(3 190)
|
(3 506)
|
(2 775)
|
(2 763)
|
(4 961)
|
(1 247)
|
(6 148)
|
(6 100)
|
(9 326)
|
(12 972)
|
(8 306)
|
(2 979)
|
(3 900)
|
700
|
1 394
|
(4 668)
|
(3 374)
|
(5 117)
|
(4 290)
|
(6 190)
|
(4 877)
|
(4 685)
|
(6 681)
|
(3 180)
|
(5 563)
|
(4 069)
|
(3 306)
|
(3 332)
|
6 689
|
6 016
|
5 556
|
5 238
|
11 367
|
13 635
|
12 846
|
6 352
|
(6 405)
|
(5 967)
|
(7 212)
|
(5 528)
|
|
Non-Reccuring Items |
(46 266)
|
(32 118)
|
0
|
(33 252)
|
(7 013)
|
(6 093)
|
0
|
0
|
(15 908)
|
(14 148)
|
(12 577)
|
(12 308)
|
(5 103)
|
(15 909)
|
(18 841)
|
(19 470)
|
(11 827)
|
(5 836)
|
0
|
(3 980)
|
(7 543)
|
(19 072)
|
(19 673)
|
(19 253)
|
(17 165)
|
(34 231)
|
(36 527)
|
(34 298)
|
(34 613)
|
(4 131)
|
(1 275)
|
(2 519)
|
(5 987)
|
(4 341)
|
(6 376)
|
0
|
186
|
(922)
|
(2 828)
|
(3 232)
|
(3 919)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
305
|
307
|
0
|
0
|
0
|
4 083
|
0
|
2 745
|
2 745
|
2 642
|
(171)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(220)
|
0
|
0
|
0
|
627
|
0
|
0
|
0
|
0
|
0
|
0
|
3 803
|
3 850
|
0
|
0
|
0
|
1 716
|
0
|
0
|
0
|
|
Total Other Income |
(433)
|
(146)
|
723
|
528
|
(194)
|
4 266
|
1 820
|
(71)
|
(3 862)
|
2 646
|
(1 604)
|
(588)
|
(1 244)
|
(753)
|
(1 389)
|
(1 398)
|
(2 922)
|
(3 493)
|
(4 077)
|
(4 072)
|
(555)
|
162
|
1 420
|
2 412
|
(2 017)
|
(2 299)
|
(1 831)
|
(1 894)
|
(168)
|
(676)
|
(284)
|
(589)
|
593
|
(137)
|
3 373
|
4 305
|
686
|
(727)
|
2 099
|
2 088
|
2 135
|
|
Pre-Tax Income |
(24 223)
N/A
|
(2 451)
+90%
|
2 003
N/A
|
3 048
+52%
|
32 134
+954%
|
37 062
+15%
|
43 615
+18%
|
40 806
-6%
|
29 428
-28%
|
26 942
-8%
|
20 201
-25%
|
20 335
+1%
|
29 155
+43%
|
14 889
-49%
|
13 785
-7%
|
17 135
+24%
|
18 487
+8%
|
26 905
+46%
|
28 507
+6%
|
25 814
-9%
|
18 963
-27%
|
2 938
-85%
|
(2 796)
N/A
|
(7 467)
-167%
|
(11 086)
-48%
|
(33 949)
-206%
|
(47 942)
-41%
|
(48 988)
-2%
|
(44 671)
+9%
|
(1 256)
+97%
|
12 688
N/A
|
13 241
+4%
|
11 842
-11%
|
17 619
+49%
|
15 075
-14%
|
19 609
+30%
|
21 453
+9%
|
10 807
-50%
|
12 722
+18%
|
11 692
-8%
|
15 335
+31%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(8 240)
|
(11 631)
|
(11 754)
|
(11 129)
|
(10 437)
|
(13 043)
|
(15 213)
|
(15 563)
|
(11 689)
|
(10 895)
|
(10 286)
|
(8 458)
|
(12 620)
|
(10 425)
|
(8 917)
|
(10 117)
|
(9 674)
|
(4 616)
|
(4 152)
|
(3 767)
|
(1 714)
|
(9 105)
|
(7 479)
|
(6 556)
|
(6 145)
|
(10 144)
|
(10 480)
|
(10 098)
|
(10 780)
|
(9 334)
|
(9 735)
|
(10 334)
|
(10 382)
|
(8 522)
|
(9 776)
|
(11 038)
|
(11 731)
|
1 054
|
3 350
|
5 864
|
5 003
|
|
Income from Continuing Operations |
(32 463)
|
(14 082)
|
(9 751)
|
(8 081)
|
21 697
|
24 019
|
28 402
|
25 243
|
17 739
|
16 047
|
9 915
|
11 877
|
16 535
|
4 464
|
4 868
|
7 018
|
8 813
|
22 289
|
24 355
|
22 047
|
17 249
|
(6 167)
|
(10 275)
|
(14 023)
|
(17 231)
|
(44 093)
|
(58 422)
|
(59 086)
|
(55 451)
|
(10 590)
|
2 953
|
2 907
|
1 460
|
9 097
|
5 299
|
8 571
|
9 722
|
11 861
|
16 072
|
17 556
|
20 338
|
|
Income to Minority Interest |
(678)
|
(565)
|
(677)
|
(717)
|
(732)
|
(665)
|
(789)
|
(769)
|
(812)
|
(1 010)
|
(973)
|
(1 105)
|
(1 375)
|
(1 634)
|
(1 834)
|
(1 932)
|
(1 916)
|
(1 915)
|
(1 971)
|
(1 914)
|
(1 573)
|
(792)
|
(192)
|
57
|
61
|
101
|
(91)
|
(452)
|
(696)
|
(1 051)
|
(1 284)
|
(1 184)
|
(1 325)
|
(1 755)
|
(1 629)
|
(1 814)
|
(1 627)
|
(1 493)
|
(1 577)
|
(1 431)
|
(1 534)
|
|
Net Income (Common) |
(33 142)
N/A
|
(14 648)
+56%
|
(10 429)
+29%
|
(8 799)
+16%
|
20 965
N/A
|
23 352
+11%
|
27 612
+18%
|
24 473
-11%
|
16 926
-31%
|
15 037
-11%
|
8 941
-41%
|
10 772
+20%
|
15 159
+41%
|
2 830
-81%
|
3 033
+7%
|
5 085
+68%
|
6 896
+36%
|
20 373
+195%
|
22 384
+10%
|
20 132
-10%
|
15 676
-22%
|
(6 958)
N/A
|
(10 465)
-50%
|
(13 964)
-33%
|
(17 168)
-23%
|
(43 992)
-156%
|
(58 514)
-33%
|
(59 539)
-2%
|
(56 148)
+6%
|
(11 641)
+79%
|
1 669
N/A
|
1 724
+3%
|
135
-92%
|
7 341
+5 338%
|
3 670
-50%
|
6 756
+84%
|
8 095
+20%
|
10 367
+28%
|
14 495
+40%
|
16 124
+11%
|
18 803
+17%
|
|
EPS (Diluted) |
-62.31
N/A
|
-27.54
+56%
|
-19.61
+29%
|
-16.55
+16%
|
39.42
N/A
|
43.91
+11%
|
51.92
+18%
|
46.02
-11%
|
31.83
-31%
|
28.28
-11%
|
16.82
-41%
|
20.26
+20%
|
28.54
+41%
|
5.33
-81%
|
5.71
+7%
|
9.58
+68%
|
12.98
+35%
|
38.36
+196%
|
42.15
+10%
|
37.91
-10%
|
29.52
-22%
|
-13.1
N/A
|
-19.7
-50%
|
-26.29
-33%
|
-32.32
-23%
|
-82.82
-156%
|
-110.17
-33%
|
-112.09
-2%
|
-105.71
+6%
|
-21.92
+79%
|
3.14
N/A
|
3.24
+3%
|
0.25
-92%
|
13.83
+5 432%
|
6.91
-50%
|
12.73
+84%
|
15.25
+20%
|
19.53
+28%
|
27.3
+40%
|
29.34
+7%
|
31.85
+9%
|