Shimano Inc
TSE:7309
Income Statement
Earnings Waterfall
Shimano Inc
Revenue
|
474.4B
JPY
|
Cost of Revenue
|
-291.8B
JPY
|
Gross Profit
|
182.5B
JPY
|
Operating Expenses
|
-98.9B
JPY
|
Operating Income
|
83.7B
JPY
|
Other Expenses
|
-22.5B
JPY
|
Net Income
|
61.1B
JPY
|
Income Statement
Shimano Inc
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 |
271 037
N/A
|
283 454
+5%
|
294 253
+4%
|
312 548
+6%
|
333 168
+7%
|
355 495
+7%
|
373 431
+5%
|
378 996
+1%
|
378 645
0%
|
362 792
-4%
|
348 488
-4%
|
333 482
-4%
|
322 998
-3%
|
320 750
-1%
|
319 649
0%
|
327 290
+2%
|
335 800
+3%
|
341 115
+2%
|
347 452
+2%
|
343 754
-1%
|
348 035
+1%
|
350 513
+1%
|
355 253
+1%
|
363 635
+2%
|
363 230
0%
|
352 436
-3%
|
341 536
-3%
|
357 881
+5%
|
378 040
+6%
|
427 546
+13%
|
482 479
+13%
|
509 053
+6%
|
546 515
+7%
|
564 136
+3%
|
585 507
+4%
|
618 993
+6%
|
628 909
+2%
|
610 933
-3%
|
588 473
-4%
|
536 508
-9%
|
474 362
-12%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(174 613)
|
(181 069)
|
(185 302)
|
(193 735)
|
(203 825)
|
(214 298)
|
(224 081)
|
(226 477)
|
(224 131)
|
(215 972)
|
(206 334)
|
(197 703)
|
(191 461)
|
(188 868)
|
(189 048)
|
(192 954)
|
(198 344)
|
(202 299)
|
(207 520)
|
(207 450)
|
(211 463)
|
(214 618)
|
(217 991)
|
(222 365)
|
(222 638)
|
(215 857)
|
(209 208)
|
(217 059)
|
(224 956)
|
(252 734)
|
(282 000)
|
(293 692)
|
(315 097)
|
(323 382)
|
(335 872)
|
(356 873)
|
(363 264)
|
(353 965)
|
(347 348)
|
(322 566)
|
(291 847)
|
|
Gross Profit |
96 424
N/A
|
102 385
+6%
|
108 951
+6%
|
118 813
+9%
|
129 343
+9%
|
141 197
+9%
|
149 350
+6%
|
152 519
+2%
|
154 514
+1%
|
146 820
-5%
|
142 154
-3%
|
135 779
-4%
|
131 537
-3%
|
131 882
+0%
|
130 601
-1%
|
134 336
+3%
|
137 456
+2%
|
138 816
+1%
|
139 932
+1%
|
136 304
-3%
|
136 572
+0%
|
135 895
0%
|
137 262
+1%
|
141 270
+3%
|
140 592
0%
|
136 579
-3%
|
132 328
-3%
|
140 822
+6%
|
153 084
+9%
|
174 812
+14%
|
200 479
+15%
|
215 361
+7%
|
231 418
+7%
|
240 754
+4%
|
249 635
+4%
|
262 120
+5%
|
265 645
+1%
|
256 968
-3%
|
241 125
-6%
|
213 942
-11%
|
182 515
-15%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(54 649)
|
(56 138)
|
(58 008)
|
(60 121)
|
(63 527)
|
(66 417)
|
(68 575)
|
(69 585)
|
(69 461)
|
(68 878)
|
(68 294)
|
(67 326)
|
(66 991)
|
(68 155)
|
(69 386)
|
(71 727)
|
(73 105)
|
(72 798)
|
(71 901)
|
(70 687)
|
(70 885)
|
(70 851)
|
(72 034)
|
(73 005)
|
(72 582)
|
(72 196)
|
(69 697)
|
(68 906)
|
(70 383)
|
(72 198)
|
(76 530)
|
(79 987)
|
(83 131)
|
(87 005)
|
(90 361)
|
(94 230)
|
(96 487)
|
(97 834)
|
(98 968)
|
(99 274)
|
(98 862)
|
|
Selling, General & Administrative |
(54 648)
|
(56 138)
|
(58 008)
|
(60 119)
|
(57 998)
|
(66 415)
|
(68 574)
|
(69 584)
|
(69 461)
|
(68 880)
|
(68 294)
|
(67 325)
|
(66 991)
|
(68 154)
|
(69 386)
|
(71 728)
|
(65 734)
|
(72 798)
|
(71 902)
|
(70 687)
|
(65 206)
|
(70 850)
|
(72 032)
|
(73 003)
|
(66 060)
|
(72 194)
|
(69 697)
|
(68 905)
|
(65 013)
|
(72 197)
|
(76 528)
|
(79 987)
|
(78 049)
|
(87 004)
|
(90 359)
|
(94 227)
|
(96 486)
|
(97 832)
|
(98 968)
|
(99 273)
|
(98 861)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7 371)
|
0
|
0
|
0
|
(5 678)
|
0
|
0
|
0
|
(6 521)
|
0
|
0
|
0
|
(5 369)
|
0
|
0
|
0
|
(5 080)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
0
|
0
|
0
|
(5 529)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
0
|
1
|
0
|
0
|
1
|
1
|
(1)
|
0
|
(1)
|
(2)
|
(1)
|
(2)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
0
|
(2)
|
(1)
|
0
|
(3)
|
(1)
|
(2)
|
0
|
(1)
|
(1)
|
|
Operating Income |
41 775
N/A
|
46 247
+11%
|
50 943
+10%
|
58 692
+15%
|
65 816
+12%
|
74 780
+14%
|
80 775
+8%
|
82 934
+3%
|
85 053
+3%
|
77 942
-8%
|
73 860
-5%
|
68 453
-7%
|
64 546
-6%
|
63 727
-1%
|
61 215
-4%
|
62 609
+2%
|
64 351
+3%
|
66 018
+3%
|
68 031
+3%
|
65 617
-4%
|
65 687
+0%
|
65 044
-1%
|
65 228
+0%
|
68 265
+5%
|
68 010
0%
|
64 383
-5%
|
62 631
-3%
|
71 916
+15%
|
82 701
+15%
|
102 614
+24%
|
123 949
+21%
|
135 374
+9%
|
148 287
+10%
|
153 749
+4%
|
159 274
+4%
|
167 890
+5%
|
169 158
+1%
|
159 134
-6%
|
142 157
-11%
|
114 668
-19%
|
83 653
-27%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
5 749
|
3 810
|
1 212
|
2 220
|
5 422
|
9 242
|
10 009
|
23 194
|
15 802
|
6 261
|
9 291
|
(1 631)
|
6 376
|
9 946
|
4 952
|
(717)
|
(8 521)
|
(7 830)
|
(724)
|
3 271
|
7 898
|
7 943
|
5 043
|
7 382
|
2 128
|
14 340
|
9 169
|
2 034
|
113
|
(6 608)
|
(3 868)
|
1 303
|
6 790
|
3 760
|
14 240
|
24 184
|
9 797
|
9 579
|
13 269
|
10 069
|
20 846
|
|
Non-Reccuring Items |
(2 326)
|
(2 288)
|
(2 594)
|
(2 605)
|
(2 600)
|
(2 215)
|
(1 916)
|
(1 958)
|
(883)
|
(634)
|
(540)
|
(1 012)
|
(1 810)
|
(1 827)
|
(2 217)
|
(1 764)
|
(1 361)
|
(1 468)
|
(3 174)
|
(2 978)
|
(3 259)
|
(2 591)
|
(556)
|
(872)
|
(945)
|
(990)
|
2 686
|
2 879
|
2 769
|
3 583
|
(131)
|
(188)
|
(619)
|
(2 003)
|
(2 566)
|
(2 611)
|
(2 530)
|
(1 598)
|
(1 050)
|
(18 483)
|
(19 931)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
741
|
0
|
0
|
2 576
|
2 559
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(90)
|
(98)
|
(98)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
24
|
102
|
(312)
|
(381)
|
(85)
|
385
|
784
|
683
|
427
|
162
|
(76)
|
273
|
(710)
|
(644)
|
(648)
|
(1 020)
|
94
|
(100)
|
30
|
1 204
|
157
|
(277)
|
(234)
|
(1 224)
|
(359)
|
2 683
|
2 177
|
(827)
|
(763)
|
(778)
|
(641)
|
50
|
(730)
|
(718)
|
(972)
|
(1 636)
|
(2 215)
|
(2 894)
|
(2 460)
|
(1 713)
|
(1 130)
|
|
Pre-Tax Income |
45 222
N/A
|
47 871
+6%
|
49 249
+3%
|
57 926
+18%
|
68 553
+18%
|
82 192
+20%
|
89 652
+9%
|
104 853
+17%
|
100 399
-4%
|
83 731
-17%
|
82 535
-1%
|
66 083
-20%
|
68 402
+4%
|
71 202
+4%
|
63 302
-11%
|
59 108
-7%
|
54 563
-8%
|
56 620
+4%
|
64 163
+13%
|
67 114
+5%
|
71 224
+6%
|
70 119
-2%
|
69 481
-1%
|
76 127
+10%
|
71 393
-6%
|
80 416
+13%
|
76 663
-5%
|
76 002
-1%
|
84 820
+12%
|
98 811
+16%
|
119 309
+21%
|
136 539
+14%
|
153 728
+13%
|
154 788
+1%
|
169 886
+10%
|
187 729
+11%
|
174 112
-7%
|
164 221
-6%
|
151 916
-7%
|
104 541
-31%
|
83 438
-20%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10 095)
|
(10 437)
|
(11 138)
|
(13 652)
|
(17 418)
|
(20 572)
|
(22 723)
|
(23 599)
|
(24 176)
|
(21 620)
|
(20 003)
|
(17 872)
|
(17 508)
|
(17 116)
|
(16 561)
|
(16 888)
|
(16 098)
|
(16 927)
|
(16 753)
|
(16 779)
|
(17 285)
|
(16 921)
|
(18 488)
|
(19 380)
|
(19 535)
|
(18 945)
|
(18 353)
|
(19 686)
|
(21 294)
|
(26 293)
|
(30 896)
|
(34 113)
|
(37 596)
|
(38 511)
|
(41 189)
|
(44 086)
|
(45 676)
|
(44 307)
|
(41 676)
|
(29 418)
|
(22 085)
|
|
Income from Continuing Operations |
35 127
|
37 434
|
38 111
|
44 274
|
51 135
|
61 620
|
66 929
|
81 254
|
76 223
|
62 111
|
62 532
|
48 211
|
50 894
|
54 086
|
46 741
|
42 220
|
38 465
|
39 693
|
47 410
|
50 335
|
53 939
|
53 198
|
50 993
|
56 747
|
51 858
|
61 471
|
58 310
|
56 316
|
63 526
|
72 518
|
88 413
|
102 426
|
116 132
|
116 277
|
128 697
|
143 643
|
128 436
|
119 914
|
110 240
|
75 123
|
61 353
|
|
Income to Minority Interest |
(38)
|
(17)
|
(20)
|
(19)
|
103
|
81
|
58
|
27
|
(32)
|
(7)
|
49
|
90
|
69
|
58
|
27
|
22
|
(21)
|
6
|
24
|
17
|
(7)
|
(8)
|
(13)
|
(27)
|
(23)
|
(23)
|
(35)
|
(48)
|
(52)
|
(112)
|
(139)
|
(159)
|
(194)
|
(195)
|
(207)
|
(244)
|
(257)
|
(271)
|
(241)
|
(261)
|
(209)
|
|
Net Income (Common) |
35 088
N/A
|
37 416
+7%
|
38 090
+2%
|
44 252
+16%
|
51 237
+16%
|
61 700
+20%
|
66 985
+9%
|
81 282
+21%
|
76 190
-6%
|
62 102
-18%
|
62 580
+1%
|
48 300
-23%
|
50 964
+6%
|
54 146
+6%
|
46 770
-14%
|
42 243
-10%
|
38 443
-9%
|
39 699
+3%
|
47 433
+19%
|
50 351
+6%
|
53 931
+7%
|
53 188
-1%
|
50 979
-4%
|
56 718
+11%
|
51 833
-9%
|
61 446
+19%
|
58 273
-5%
|
56 265
-3%
|
63 472
+13%
|
72 405
+14%
|
88 273
+22%
|
102 265
+16%
|
115 937
+13%
|
116 081
+0%
|
128 488
+11%
|
143 399
+12%
|
128 178
-11%
|
119 641
-7%
|
109 998
-8%
|
74 861
-32%
|
61 142
-18%
|
|
EPS (Diluted) |
377.29
N/A
|
402.32
+7%
|
409.56
+2%
|
475.82
+16%
|
552.69
+16%
|
663.44
+20%
|
720.26
+9%
|
874
+21%
|
821.86
-6%
|
667.76
-19%
|
625.79
-6%
|
561.62
-10%
|
549.76
-2%
|
582.21
+6%
|
502.9
-14%
|
454.22
-10%
|
414.69
-9%
|
426.87
+3%
|
510.03
+19%
|
543.15
+6%
|
581.77
+7%
|
573.75
-1%
|
549.93
-4%
|
611.84
+11%
|
559.14
-9%
|
662.84
+19%
|
628.62
-5%
|
606.96
-3%
|
684.7
+13%
|
781.07
+14%
|
952.25
+22%
|
1 104.51
+16%
|
1 252.61
+13%
|
1 268.38
+1%
|
1 409.8
+11%
|
1 579.31
+12%
|
1 408.22
-11%
|
1 321.22
-6%
|
1 216.75
-8%
|
828.63
-32%
|
676.76
-18%
|