Espec Corp
TSE:6859
Income Statement
Earnings Waterfall
Espec Corp
Revenue
|
59.1B
JPY
|
Cost of Revenue
|
-38.3B
JPY
|
Gross Profit
|
20.8B
JPY
|
Operating Expenses
|
-14.6B
JPY
|
Operating Income
|
6.2B
JPY
|
Other Expenses
|
-1.5B
JPY
|
Net Income
|
4.7B
JPY
|
Income Statement
Espec 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 |
30 606
N/A
|
32 099
+5%
|
32 238
+0%
|
32 256
+0%
|
32 648
+1%
|
33 661
+3%
|
34 413
+2%
|
35 601
+3%
|
37 402
+5%
|
39 035
+4%
|
40 129
+3%
|
40 149
+0%
|
39 473
-2%
|
39 507
+0%
|
40 101
+2%
|
40 653
+1%
|
42 757
+5%
|
44 069
+3%
|
43 614
-1%
|
44 765
+3%
|
44 081
-2%
|
50 580
+15%
|
51 053
+1%
|
50 264
-2%
|
51 461
+2%
|
42 443
-18%
|
41 289
-3%
|
40 961
-1%
|
39 164
-4%
|
38 668
-1%
|
39 841
+3%
|
38 942
-2%
|
40 273
+3%
|
41 852
+4%
|
42 527
+2%
|
47 229
+11%
|
49 693
+5%
|
52 892
+6%
|
56 442
+7%
|
57 204
+1%
|
59 109
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(20 520)
|
(21 367)
|
(21 254)
|
(21 098)
|
(21 097)
|
(21 567)
|
(22 209)
|
(22 978)
|
(24 277)
|
(25 461)
|
(26 259)
|
(26 429)
|
(26 080)
|
(26 059)
|
(26 212)
|
(26 469)
|
(27 573)
|
(28 487)
|
(28 197)
|
(28 779)
|
(28 216)
|
(32 417)
|
(32 651)
|
(32 527)
|
(33 396)
|
(27 724)
|
(27 143)
|
(27 054)
|
(26 091)
|
(25 255)
|
(26 022)
|
(25 439)
|
(26 191)
|
(27 849)
|
(28 313)
|
(31 313)
|
(33 139)
|
(34 935)
|
(37 157)
|
(37 556)
|
(38 334)
|
|
Gross Profit |
10 086
N/A
|
10 732
+6%
|
10 984
+2%
|
11 158
+2%
|
11 551
+4%
|
12 094
+5%
|
12 204
+1%
|
12 623
+3%
|
13 125
+4%
|
13 574
+3%
|
13 870
+2%
|
13 720
-1%
|
13 393
-2%
|
13 448
+0%
|
13 889
+3%
|
14 184
+2%
|
15 184
+7%
|
15 582
+3%
|
15 417
-1%
|
15 986
+4%
|
15 865
-1%
|
18 163
+14%
|
18 402
+1%
|
17 737
-4%
|
18 065
+2%
|
14 719
-19%
|
14 146
-4%
|
13 907
-2%
|
13 073
-6%
|
13 413
+3%
|
13 819
+3%
|
13 503
-2%
|
14 082
+4%
|
14 003
-1%
|
14 214
+2%
|
15 916
+12%
|
16 554
+4%
|
17 957
+8%
|
19 285
+7%
|
19 648
+2%
|
20 775
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(8 424)
|
(8 655)
|
(8 724)
|
(8 924)
|
(9 121)
|
(9 451)
|
(9 546)
|
(9 684)
|
(9 876)
|
(10 053)
|
(10 293)
|
(10 323)
|
(10 279)
|
(10 205)
|
(10 281)
|
(10 325)
|
(10 538)
|
(10 980)
|
(11 178)
|
(11 350)
|
(11 442)
|
(12 336)
|
(12 244)
|
(12 182)
|
(12 223)
|
(10 977)
|
(10 841)
|
(10 818)
|
(10 813)
|
(10 841)
|
(11 066)
|
(11 269)
|
(11 668)
|
(12 035)
|
(12 399)
|
(12 949)
|
(13 342)
|
(13 591)
|
(13 999)
|
(14 344)
|
(14 614)
|
|
Selling, General & Administrative |
(8 422)
|
(7 703)
|
(8 724)
|
(8 923)
|
(9 122)
|
(8 437)
|
(9 544)
|
(9 682)
|
(9 874)
|
(9 095)
|
(10 275)
|
(10 290)
|
(10 230)
|
(9 116)
|
(10 217)
|
(10 260)
|
(10 471)
|
(9 891)
|
(11 113)
|
(11 287)
|
(11 378)
|
(10 981)
|
(12 177)
|
(12 116)
|
(12 160)
|
(9 744)
|
(10 780)
|
(10 755)
|
(10 749)
|
(9 475)
|
(10 999)
|
(11 192)
|
(11 579)
|
(10 900)
|
(12 287)
|
(12 831)
|
(13 221)
|
(12 426)
|
(13 872)
|
(14 207)
|
(14 446)
|
|
Research & Development |
0
|
(951)
|
0
|
0
|
0
|
(1 013)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 025)
|
0
|
0
|
0
|
(1 023)
|
0
|
0
|
0
|
(1 290)
|
0
|
0
|
0
|
(1 169)
|
0
|
0
|
0
|
(1 302)
|
0
|
0
|
0
|
(1 035)
|
0
|
0
|
0
|
(1 041)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(16)
|
(32)
|
(47)
|
(63)
|
(63)
|
(63)
|
(65)
|
(65)
|
(64)
|
(64)
|
(64)
|
(64)
|
(65)
|
(64)
|
(63)
|
(63)
|
(62)
|
(63)
|
(62)
|
(62)
|
(63)
|
(74)
|
(87)
|
(99)
|
(113)
|
(117)
|
(121)
|
(123)
|
(124)
|
(135)
|
(166)
|
|
Other Operating Expenses |
(2)
|
(1)
|
0
|
(1)
|
1
|
(1)
|
0
|
(2)
|
(2)
|
(958)
|
0
|
(1)
|
(2)
|
(1)
|
0
|
(2)
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
0
|
(1)
|
1
|
0
|
(2)
|
(2)
|
(4)
|
(3)
|
(2)
|
(1)
|
1
|
(1)
|
0
|
(1)
|
(3)
|
(2)
|
(2)
|
|
Operating Income |
1 662
N/A
|
2 077
+25%
|
2 260
+9%
|
2 234
-1%
|
2 430
+9%
|
2 643
+9%
|
2 658
+1%
|
2 939
+11%
|
3 249
+11%
|
3 521
+8%
|
3 577
+2%
|
3 397
-5%
|
3 114
-8%
|
3 243
+4%
|
3 608
+11%
|
3 859
+7%
|
4 646
+20%
|
4 602
-1%
|
4 239
-8%
|
4 636
+9%
|
4 423
-5%
|
5 827
+32%
|
6 158
+6%
|
5 555
-10%
|
5 842
+5%
|
3 742
-36%
|
3 305
-12%
|
3 089
-7%
|
2 260
-27%
|
2 572
+14%
|
2 753
+7%
|
2 234
-19%
|
2 414
+8%
|
1 968
-18%
|
1 815
-8%
|
2 967
+63%
|
3 212
+8%
|
4 366
+36%
|
5 286
+21%
|
5 304
+0%
|
6 161
+16%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
194
|
227
|
156
|
185
|
283
|
347
|
378
|
361
|
194
|
13
|
(180)
|
(287)
|
(237)
|
(107)
|
30
|
140
|
146
|
108
|
124
|
48
|
(31)
|
(65)
|
(29)
|
(7)
|
60
|
81
|
79
|
119
|
110
|
194
|
187
|
202
|
272
|
688
|
842
|
880
|
637
|
171
|
98
|
61
|
169
|
|
Non-Reccuring Items |
(47)
|
(17)
|
(16)
|
(16)
|
248
|
258
|
258
|
258
|
(5)
|
(8)
|
(17)
|
(10)
|
(10)
|
(24)
|
(17)
|
(25)
|
(25)
|
(7)
|
(7)
|
(10)
|
(15)
|
(13)
|
(14)
|
(13)
|
(12)
|
(11)
|
(18)
|
(16)
|
(12)
|
(16)
|
(7)
|
(7)
|
(13)
|
(9)
|
(9)
|
(11)
|
(6)
|
(8)
|
(12)
|
(10)
|
(10)
|
|
Gain/Loss on Disposition of Assets |
2
|
1
|
1
|
2
|
1
|
3
|
0
|
2
|
2
|
0
|
0
|
3
|
3
|
3
|
3
|
4
|
7
|
7
|
7
|
3
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
1
|
0
|
7
|
5
|
4
|
5
|
2
|
1
|
1
|
(5)
|
2
|
2
|
2
|
8
|
|
Total Other Income |
187
|
68
|
62
|
94
|
80
|
58
|
103
|
69
|
76
|
68
|
54
|
45
|
39
|
29
|
27
|
30
|
31
|
36
|
58
|
103
|
92
|
89
|
104
|
65
|
69
|
110
|
75
|
74
|
81
|
83
|
83
|
82
|
84
|
62
|
78
|
93
|
143
|
139
|
128
|
105
|
98
|
|
Pre-Tax Income |
1 998
N/A
|
2 356
+18%
|
2 463
+5%
|
2 499
+1%
|
3 042
+22%
|
3 309
+9%
|
3 397
+3%
|
3 629
+7%
|
3 516
-3%
|
3 593
+2%
|
3 434
-4%
|
3 148
-8%
|
2 909
-8%
|
3 144
+8%
|
3 651
+16%
|
4 008
+10%
|
4 805
+20%
|
4 746
-1%
|
4 421
-7%
|
4 780
+8%
|
4 469
-7%
|
5 838
+31%
|
6 217
+6%
|
5 598
-10%
|
5 957
+6%
|
3 920
-34%
|
3 441
-12%
|
3 267
-5%
|
2 439
-25%
|
2 840
+16%
|
3 021
+6%
|
2 515
-17%
|
2 762
+10%
|
2 711
-2%
|
2 727
+1%
|
3 930
+44%
|
3 981
+1%
|
4 670
+17%
|
5 502
+18%
|
5 462
-1%
|
6 426
+18%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(534)
|
(731)
|
(799)
|
(799)
|
(954)
|
(1 142)
|
(1 175)
|
(1 245)
|
(1 230)
|
(1 164)
|
(1 134)
|
(1 028)
|
(918)
|
(911)
|
(1 051)
|
(1 121)
|
(1 352)
|
(1 437)
|
(1 254)
|
(1 366)
|
(1 264)
|
(1 549)
|
(1 731)
|
(1 533)
|
(1 651)
|
(1 102)
|
(1 036)
|
(1 001)
|
(774)
|
(878)
|
(910)
|
(818)
|
(909)
|
(800)
|
(850)
|
(1 260)
|
(1 198)
|
(1 334)
|
(1 551)
|
(1 455)
|
(1 702)
|
|
Income from Continuing Operations |
1 464
|
1 625
|
1 664
|
1 700
|
2 088
|
2 167
|
2 222
|
2 384
|
2 286
|
2 429
|
2 300
|
2 120
|
1 991
|
2 233
|
2 600
|
2 887
|
3 453
|
3 309
|
3 167
|
3 414
|
3 205
|
4 289
|
4 486
|
4 065
|
4 306
|
2 818
|
2 405
|
2 266
|
1 665
|
1 962
|
2 111
|
1 697
|
1 853
|
1 911
|
1 877
|
2 670
|
2 783
|
3 336
|
3 951
|
4 007
|
4 724
|
|
Income to Minority Interest |
(56)
|
(53)
|
(54)
|
(41)
|
(47)
|
0
|
(49)
|
(53)
|
(33)
|
(18)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(8)
|
(9)
|
(3)
|
(5)
|
7
|
(6)
|
(15)
|
|
Net Income (Common) |
1 408
N/A
|
1 570
+12%
|
1 607
+2%
|
1 657
+3%
|
2 039
+23%
|
2 118
+4%
|
2 171
+3%
|
2 330
+7%
|
2 252
-3%
|
2 410
+7%
|
2 283
-5%
|
2 120
-7%
|
1 991
-6%
|
2 233
+12%
|
2 600
+16%
|
2 886
+11%
|
3 452
+20%
|
3 308
-4%
|
3 167
-4%
|
3 413
+8%
|
3 204
-6%
|
4 289
+34%
|
4 485
+5%
|
4 065
-9%
|
4 306
+6%
|
2 818
-35%
|
2 405
-15%
|
2 266
-6%
|
1 665
-27%
|
1 961
+18%
|
2 110
+8%
|
1 697
-20%
|
1 852
+9%
|
1 905
+3%
|
1 867
-2%
|
2 659
+42%
|
2 779
+5%
|
3 330
+20%
|
3 957
+19%
|
3 999
+1%
|
4 707
+18%
|
|
EPS (Diluted) |
61.21
N/A
|
68.26
+12%
|
69.86
+2%
|
72.04
+3%
|
88.65
+23%
|
91.16
+3%
|
94.39
+4%
|
101.3
+7%
|
97.91
-3%
|
104.74
+7%
|
99.26
-5%
|
92.17
-7%
|
86.56
-6%
|
97.85
+13%
|
113.04
+16%
|
125.47
+11%
|
150.08
+20%
|
144.72
-4%
|
137.69
-5%
|
148.39
+8%
|
140.17
-6%
|
187.64
+34%
|
196.22
+5%
|
177.76
-9%
|
188.32
+6%
|
123.25
-35%
|
105.18
-15%
|
99.1
-6%
|
72.82
-27%
|
85.76
+18%
|
92.95
+8%
|
75.85
-18%
|
82.79
+9%
|
84.84
+2%
|
83.46
-2%
|
118.71
+42%
|
126.19
+6%
|
150.3
+19%
|
181.24
+21%
|
183.17
+1%
|
215.6
+18%
|