ShinMaywa Industries Ltd
TSE:7224
Income Statement
Earnings Waterfall
ShinMaywa Industries Ltd
Revenue
|
242.3B
JPY
|
Cost of Revenue
|
-204.4B
JPY
|
Gross Profit
|
37.9B
JPY
|
Operating Expenses
|
-28.5B
JPY
|
Operating Income
|
9.4B
JPY
|
Other Expenses
|
-3B
JPY
|
Net Income
|
6.5B
JPY
|
Income Statement
ShinMaywa Industries 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 |
163 723
N/A
|
174 010
+6%
|
179 992
+3%
|
185 322
+3%
|
190 056
+3%
|
193 131
+2%
|
198 732
+3%
|
204 163
+3%
|
205 484
+1%
|
203 917
-1%
|
203 933
+0%
|
201 481
-1%
|
200 897
0%
|
201 204
+0%
|
201 969
+0%
|
204 770
+1%
|
206 113
+1%
|
207 335
+1%
|
209 183
+1%
|
209 911
+0%
|
216 153
+3%
|
217 297
+1%
|
220 034
+1%
|
226 838
+3%
|
224 721
-1%
|
227 231
+1%
|
223 168
-2%
|
212 916
-5%
|
212 296
0%
|
209 226
-1%
|
210 907
+1%
|
215 707
+2%
|
216 717
+0%
|
216 823
+0%
|
217 598
+0%
|
220 560
+1%
|
222 791
+1%
|
225 175
+1%
|
230 312
+2%
|
237 638
+3%
|
242 256
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(134 381)
|
(142 253)
|
(147 482)
|
(152 008)
|
(155 500)
|
(158 131)
|
(161 217)
|
(164 832)
|
(167 357)
|
(166 985)
|
(169 641)
|
(168 956)
|
(167 072)
|
(166 646)
|
(166 476)
|
(169 115)
|
(171 726)
|
(174 938)
|
(177 681)
|
(178 960)
|
(184 073)
|
(184 709)
|
(186 561)
|
(191 993)
|
(191 294)
|
(191 727)
|
(188 651)
|
(179 901)
|
(178 412)
|
(175 664)
|
(176 895)
|
(180 828)
|
(181 327)
|
(181 709)
|
(182 473)
|
(185 481)
|
(187 349)
|
(189 245)
|
(194 088)
|
(199 657)
|
(204 357)
|
|
Gross Profit |
29 342
N/A
|
31 757
+8%
|
32 510
+2%
|
33 314
+2%
|
34 556
+4%
|
35 000
+1%
|
37 515
+7%
|
39 331
+5%
|
38 127
-3%
|
36 932
-3%
|
34 292
-7%
|
32 525
-5%
|
33 825
+4%
|
34 558
+2%
|
35 493
+3%
|
35 655
+0%
|
34 387
-4%
|
32 397
-6%
|
31 502
-3%
|
30 951
-2%
|
32 080
+4%
|
32 588
+2%
|
33 473
+3%
|
34 845
+4%
|
33 427
-4%
|
35 504
+6%
|
34 517
-3%
|
33 015
-4%
|
33 884
+3%
|
33 562
-1%
|
34 012
+1%
|
34 879
+3%
|
35 390
+1%
|
35 114
-1%
|
35 125
+0%
|
35 079
0%
|
35 442
+1%
|
35 930
+1%
|
36 224
+1%
|
37 981
+5%
|
37 899
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(20 665)
|
(20 885)
|
(20 817)
|
(20 947)
|
(21 073)
|
(21 812)
|
(21 455)
|
(21 724)
|
(21 792)
|
(21 672)
|
(21 856)
|
(21 838)
|
(21 652)
|
(21 491)
|
(21 720)
|
(21 920)
|
(22 097)
|
(21 803)
|
(21 946)
|
(21 879)
|
(21 901)
|
(21 880)
|
(21 894)
|
(22 086)
|
(22 353)
|
(22 668)
|
(22 557)
|
(22 471)
|
(22 524)
|
(23 083)
|
(24 610)
|
(23 769)
|
(24 382)
|
(24 545)
|
(25 088)
|
(26 152)
|
(26 405)
|
(26 637)
|
(27 255)
|
(27 632)
|
(28 478)
|
|
Selling, General & Administrative |
(20 667)
|
(18 878)
|
(20 815)
|
(20 944)
|
(21 071)
|
(18 869)
|
(21 454)
|
(21 724)
|
(21 791)
|
(19 142)
|
(21 817)
|
(21 798)
|
(21 613)
|
(19 048)
|
(21 720)
|
(21 920)
|
(22 097)
|
(19 243)
|
(21 944)
|
(21 877)
|
(21 898)
|
(19 573)
|
(21 892)
|
(22 085)
|
(22 351)
|
(22 668)
|
(22 557)
|
(22 471)
|
(22 525)
|
(23 082)
|
(23 455)
|
(23 767)
|
(24 380)
|
(24 544)
|
(25 163)
|
(25 743)
|
(25 994)
|
(26 635)
|
(27 084)
|
(27 460)
|
(28 308)
|
|
Research & Development |
0
|
(2 005)
|
0
|
0
|
0
|
(2 496)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2 442)
|
0
|
0
|
0
|
(2 558)
|
0
|
0
|
0
|
(2 306)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
(2)
|
(2)
|
(3)
|
0
|
(447)
|
0
|
0
|
0
|
(2 530)
|
(39)
|
(40)
|
(39)
|
(1)
|
(1)
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(1)
|
(2)
|
(1)
|
(2)
|
0
|
0
|
0
|
1
|
(1)
|
(1 155)
|
(2)
|
0
|
(1)
|
75
|
(409)
|
(411)
|
(2)
|
(171)
|
(172)
|
(170)
|
|
Operating Income |
8 677
N/A
|
10 872
+25%
|
11 693
+8%
|
12 367
+6%
|
13 483
+9%
|
13 188
-2%
|
16 060
+22%
|
17 607
+10%
|
16 335
-7%
|
15 260
-7%
|
12 436
-19%
|
10 687
-14%
|
12 173
+14%
|
13 067
+7%
|
13 773
+5%
|
13 735
0%
|
12 290
-11%
|
10 594
-14%
|
9 556
-10%
|
9 072
-5%
|
10 179
+12%
|
10 708
+5%
|
11 579
+8%
|
12 759
+10%
|
11 074
-13%
|
12 836
+16%
|
11 960
-7%
|
10 544
-12%
|
11 360
+8%
|
10 479
-8%
|
9 402
-10%
|
11 110
+18%
|
11 008
-1%
|
10 569
-4%
|
10 037
-5%
|
8 927
-11%
|
9 037
+1%
|
9 293
+3%
|
8 969
-3%
|
10 349
+15%
|
9 421
-9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
710
|
579
|
598
|
869
|
820
|
775
|
739
|
328
|
(34)
|
322
|
(55)
|
(7)
|
360
|
297
|
522
|
679
|
568
|
243
|
1 068
|
1 077
|
833
|
1 316
|
148
|
61
|
175
|
411
|
515
|
319
|
413
|
886
|
778
|
1 038
|
1 153
|
1 252
|
1 664
|
2 210
|
1 592
|
1 424
|
1 190
|
480
|
459
|
|
Non-Reccuring Items |
941
|
446
|
1
|
1
|
0
|
446
|
0
|
(1)
|
0
|
(15)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
279
|
72
|
36
|
(91)
|
(371)
|
(163)
|
(128)
|
(917)
|
(1 486)
|
(1 442)
|
(1 438)
|
(1 725)
|
0
|
(714)
|
(717)
|
76
|
0
|
0
|
0
|
(169)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
(384)
|
(283)
|
(297)
|
(319)
|
(249)
|
(281)
|
(269)
|
(253)
|
(243)
|
0
|
(136)
|
(197)
|
(220)
|
(142)
|
(216)
|
(170)
|
(244)
|
(279)
|
(405)
|
(388)
|
(556)
|
(645)
|
(761)
|
(747)
|
(503)
|
(456)
|
(232)
|
(201)
|
0
|
(632)
|
(212)
|
(224)
|
(259)
|
(209)
|
(115)
|
(132)
|
(143)
|
71
|
71
|
151
|
189
|
|
Total Other Income |
104
|
77
|
73
|
52
|
49
|
88
|
87
|
150
|
295
|
(195)
|
232
|
150
|
(6)
|
(78)
|
(78)
|
(77)
|
(93)
|
(62)
|
(70)
|
(115)
|
(30)
|
(890)
|
(686)
|
(844)
|
(922)
|
(701)
|
(535)
|
(320)
|
(941)
|
1
|
(428)
|
(391)
|
230
|
1
|
134
|
(54)
|
(89)
|
(416)
|
(290)
|
(208)
|
(654)
|
|
Pre-Tax Income |
10 048
N/A
|
11 691
+16%
|
12 068
+3%
|
12 970
+7%
|
14 103
+9%
|
14 216
+1%
|
16 617
+17%
|
17 831
+7%
|
16 353
-8%
|
15 372
-6%
|
12 477
-19%
|
10 633
-15%
|
12 307
+16%
|
13 145
+7%
|
14 001
+7%
|
14 167
+1%
|
12 521
-12%
|
10 496
-16%
|
10 428
-1%
|
9 718
-7%
|
10 462
+8%
|
10 398
-1%
|
9 909
-5%
|
11 066
+12%
|
9 696
-12%
|
11 173
+15%
|
10 222
-9%
|
8 900
-13%
|
9 394
+6%
|
9 009
-4%
|
9 540
+6%
|
10 819
+13%
|
11 415
+6%
|
11 689
+2%
|
11 720
+0%
|
10 951
-7%
|
10 397
-5%
|
10 203
-2%
|
9 940
-3%
|
10 772
+8%
|
9 415
-13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2 087)
|
(4 264)
|
(4 554)
|
(4 713)
|
(5 138)
|
(5 067)
|
(5 764)
|
(6 164)
|
(5 652)
|
(5 091)
|
(4 154)
|
(3 550)
|
(3 927)
|
(4 193)
|
(4 365)
|
(4 402)
|
(3 914)
|
(3 387)
|
(3 364)
|
(3 094)
|
(3 289)
|
(3 357)
|
(3 346)
|
(3 665)
|
(3 232)
|
(3 744)
|
(3 246)
|
(2 905)
|
(3 118)
|
(3 418)
|
(3 680)
|
(3 994)
|
(4 101)
|
(4 474)
|
(4 750)
|
(3 864)
|
(3 662)
|
(2 441)
|
(2 102)
|
(3 067)
|
(2 811)
|
|
Income from Continuing Operations |
7 961
|
7 427
|
7 514
|
8 257
|
8 965
|
9 149
|
10 853
|
11 667
|
10 701
|
10 281
|
8 323
|
7 083
|
8 380
|
8 952
|
9 636
|
9 765
|
8 607
|
7 109
|
7 064
|
6 624
|
7 173
|
7 041
|
6 563
|
7 401
|
6 464
|
7 429
|
6 976
|
5 995
|
6 276
|
5 591
|
5 860
|
6 825
|
7 314
|
7 215
|
6 970
|
7 087
|
6 735
|
7 762
|
7 838
|
7 705
|
6 604
|
|
Income to Minority Interest |
13
|
18
|
17
|
7
|
9
|
10
|
14
|
12
|
7
|
0
|
0
|
3
|
2
|
3
|
(4)
|
(9)
|
(10)
|
(23)
|
(34)
|
(37)
|
(50)
|
(43)
|
67
|
23
|
0
|
(49)
|
(208)
|
(177)
|
(115)
|
(103)
|
(90)
|
(81)
|
(221)
|
(307)
|
(424)
|
(669)
|
(718)
|
(448)
|
(388)
|
(289)
|
(153)
|
|
Net Income (Common) |
7 975
N/A
|
7 444
-7%
|
7 531
+1%
|
8 262
+10%
|
8 973
+9%
|
9 159
+2%
|
10 867
+19%
|
11 679
+7%
|
10 707
-8%
|
10 281
-4%
|
8 323
-19%
|
7 087
-15%
|
8 383
+18%
|
8 954
+7%
|
9 630
+8%
|
9 754
+1%
|
8 595
-12%
|
7 086
-18%
|
7 031
-1%
|
6 587
-6%
|
7 123
+8%
|
6 996
-2%
|
6 627
-5%
|
7 424
+12%
|
6 463
-13%
|
7 378
+14%
|
6 766
-8%
|
5 815
-14%
|
6 158
+6%
|
5 487
-11%
|
5 769
+5%
|
6 742
+17%
|
7 092
+5%
|
6 907
-3%
|
6 546
-5%
|
6 416
-2%
|
6 016
-6%
|
7 313
+22%
|
7 448
+2%
|
7 416
0%
|
6 450
-13%
|
|
EPS (Diluted) |
79.75
N/A
|
74.44
-7%
|
75.31
+1%
|
82.62
+10%
|
89.73
+9%
|
91.88
+2%
|
108.67
+18%
|
116.79
+7%
|
107.07
-8%
|
103.14
-4%
|
84.92
-18%
|
73.82
-13%
|
87.32
+18%
|
93.16
+7%
|
101.36
+9%
|
102.67
+1%
|
90.47
-12%
|
74.23
-18%
|
74.01
0%
|
69.33
-6%
|
77.01
+11%
|
76.4
-1%
|
101.65
+33%
|
113.88
+12%
|
99.14
-13%
|
113.11
+14%
|
102.91
-9%
|
88.44
-14%
|
93.66
+6%
|
83.46
-11%
|
87.75
+5%
|
102.42
+17%
|
107.73
+5%
|
104.96
-3%
|
99.44
-5%
|
97.35
-2%
|
91.27
-6%
|
110.99
+22%
|
113.01
+2%
|
112.42
-1%
|
97.77
-13%
|