Matsuda Sangyo Co Ltd
TSE:7456
Income Statement
Earnings Waterfall
Matsuda Sangyo Co Ltd
Revenue
|
468.8B
JPY
|
Cost of Revenue
|
-433.6B
JPY
|
Gross Profit
|
35.2B
JPY
|
Operating Expenses
|
-22.5B
JPY
|
Operating Income
|
12.7B
JPY
|
Other Expenses
|
-3.2B
JPY
|
Net Income
|
9.5B
JPY
|
Income Statement
Matsuda Sangyo Co Ltd
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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Interest Expense |
46
|
47
|
46
|
42
|
39
|
35
|
34
|
34
|
33
|
36
|
40
|
47
|
49
|
52
|
54
|
52
|
56
|
58
|
61
|
69
|
72
|
76
|
74
|
71
|
69
|
65
|
62
|
59
|
56
|
79
|
123
|
158
|
185
|
183
|
171
|
169
|
193
|
228
|
268
|
321
|
0
|
|
Revenue |
179 523
N/A
|
181 597
+1%
|
177 266
-2%
|
171 119
-3%
|
162 065
-5%
|
155 851
-4%
|
155 711
0%
|
156 601
+1%
|
163 054
+4%
|
169 975
+4%
|
178 324
+5%
|
188 943
+6%
|
190 184
+1%
|
197 404
+4%
|
198 623
+1%
|
203 317
+2%
|
208 338
+2%
|
205 171
-2%
|
207 261
+1%
|
206 050
-1%
|
210 976
+2%
|
214 742
+2%
|
221 009
+3%
|
224 956
+2%
|
231 559
+3%
|
248 139
+7%
|
255 923
+3%
|
263 808
+3%
|
272 292
+3%
|
290 364
+7%
|
312 255
+8%
|
339 186
+9%
|
351 028
+3%
|
351 400
+0%
|
353 804
+1%
|
351 888
-1%
|
360 527
+2%
|
383 732
+6%
|
403 917
+5%
|
437 796
+8%
|
468 841
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(162 703)
|
(164 531)
|
(160 091)
|
(154 651)
|
(146 734)
|
(140 710)
|
(140 885)
|
(141 485)
|
(147 254)
|
(153 627)
|
(161 228)
|
(170 754)
|
(171 984)
|
(178 691)
|
(179 494)
|
(184 376)
|
(188 510)
|
(184 817)
|
(186 284)
|
(184 005)
|
(188 803)
|
(192 452)
|
(198 254)
|
(201 473)
|
(207 088)
|
(220 861)
|
(227 259)
|
(234 362)
|
(242 339)
|
(259 655)
|
(280 427)
|
(306 446)
|
(317 728)
|
(319 506)
|
(322 637)
|
(321 848)
|
(330 446)
|
(352 732)
|
(371 969)
|
(402 853)
|
(433 638)
|
|
Gross Profit |
16 820
N/A
|
17 066
+1%
|
17 175
+1%
|
16 468
-4%
|
15 331
-7%
|
15 141
-1%
|
14 826
-2%
|
15 116
+2%
|
15 800
+5%
|
16 348
+3%
|
17 096
+5%
|
18 189
+6%
|
18 200
+0%
|
18 713
+3%
|
19 129
+2%
|
18 941
-1%
|
19 828
+5%
|
20 354
+3%
|
20 977
+3%
|
22 045
+5%
|
22 173
+1%
|
22 290
+1%
|
22 755
+2%
|
23 483
+3%
|
24 471
+4%
|
27 278
+11%
|
28 664
+5%
|
29 446
+3%
|
29 953
+2%
|
30 709
+3%
|
31 828
+4%
|
32 740
+3%
|
33 300
+2%
|
31 894
-4%
|
31 167
-2%
|
30 040
-4%
|
30 081
+0%
|
31 000
+3%
|
31 948
+3%
|
34 943
+9%
|
35 203
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(11 410)
|
(11 619)
|
(11 728)
|
(11 998)
|
(12 206)
|
(12 455)
|
(12 503)
|
(12 700)
|
(12 840)
|
(12 862)
|
(13 178)
|
(13 267)
|
(13 323)
|
(13 672)
|
(13 990)
|
(14 490)
|
(14 880)
|
(15 158)
|
(15 400)
|
(15 525)
|
(15 932)
|
(16 005)
|
(16 183)
|
(16 199)
|
(16 433)
|
(16 685)
|
(17 043)
|
(17 249)
|
(17 272)
|
(17 969)
|
(18 478)
|
(19 106)
|
(19 482)
|
(19 833)
|
(20 133)
|
(20 457)
|
(20 725)
|
(20 936)
|
(21 395)
|
(21 947)
|
(22 527)
|
|
Selling, General & Administrative |
(11 409)
|
(11 618)
|
(11 727)
|
(11 997)
|
(11 524)
|
(12 456)
|
(12 504)
|
(12 699)
|
(12 176)
|
(12 859)
|
(13 176)
|
(13 266)
|
(12 614)
|
(13 626)
|
(13 949)
|
(14 413)
|
(14 053)
|
(15 080)
|
(15 323)
|
(15 525)
|
(14 975)
|
(16 003)
|
(16 054)
|
(16 185)
|
(15 445)
|
(16 685)
|
(17 027)
|
(17 232)
|
(16 311)
|
(17 955)
|
(18 462)
|
(19 106)
|
(18 472)
|
(19 920)
|
(20 220)
|
(20 456)
|
(19 479)
|
(20 935)
|
(21 394)
|
(21 910)
|
(22 526)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(250)
|
0
|
0
|
0
|
(246)
|
0
|
0
|
0
|
(275)
|
0
|
0
|
0
|
(295)
|
0
|
0
|
0
|
(295)
|
0
|
0
|
0
|
(293)
|
0
|
0
|
0
|
(278)
|
0
|
0
|
0
|
(313)
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(376)
|
0
|
0
|
0
|
(413)
|
0
|
0
|
0
|
(462)
|
0
|
0
|
0
|
(551)
|
0
|
0
|
0
|
(661)
|
0
|
0
|
0
|
(693)
|
0
|
0
|
0
|
(668)
|
0
|
0
|
0
|
(731)
|
0
|
0
|
0
|
(932)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
(1)
|
0
|
(1)
|
(306)
|
0
|
0
|
(1)
|
(1)
|
(3)
|
(2)
|
(1)
|
(1)
|
(46)
|
(41)
|
(77)
|
(1)
|
(78)
|
(77)
|
0
|
(1)
|
(2)
|
(129)
|
(14)
|
0
|
0
|
(16)
|
(17)
|
0
|
(14)
|
(16)
|
0
|
(1)
|
87
|
87
|
0
|
(1)
|
(1)
|
(1)
|
(37)
|
(1)
|
|
Operating Income |
5 410
N/A
|
5 447
+1%
|
5 447
N/A
|
4 470
-18%
|
3 125
-30%
|
2 686
-14%
|
2 323
-14%
|
2 416
+4%
|
2 960
+23%
|
3 486
+18%
|
3 918
+12%
|
4 922
+26%
|
4 877
-1%
|
5 041
+3%
|
5 139
+2%
|
4 451
-13%
|
4 948
+11%
|
5 196
+5%
|
5 577
+7%
|
6 520
+17%
|
6 241
-4%
|
6 285
+1%
|
6 572
+5%
|
7 284
+11%
|
8 038
+10%
|
10 593
+32%
|
11 621
+10%
|
12 197
+5%
|
12 681
+4%
|
12 740
+0%
|
13 350
+5%
|
13 634
+2%
|
13 818
+1%
|
12 061
-13%
|
11 034
-9%
|
9 583
-13%
|
9 356
-2%
|
10 064
+8%
|
10 553
+5%
|
12 996
+23%
|
12 676
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
368
|
415
|
357
|
586
|
575
|
495
|
614
|
577
|
610
|
590
|
519
|
392
|
262
|
256
|
241
|
180
|
115
|
37
|
(31)
|
127
|
29
|
105
|
43
|
(63)
|
274
|
332
|
466
|
624
|
633
|
743
|
572
|
128
|
(127)
|
127
|
464
|
652
|
1 044
|
1 143
|
540
|
910
|
592
|
|
Non-Reccuring Items |
0
|
(12)
|
(12)
|
(12)
|
(17)
|
(101)
|
(130)
|
(130)
|
(146)
|
(45)
|
(22)
|
(22)
|
(73)
|
0
|
0
|
(40)
|
(77)
|
0
|
0
|
(115)
|
(118)
|
(127)
|
0
|
0
|
(17)
|
(17)
|
0
|
0
|
(15)
|
0
|
0
|
73
|
89
|
0
|
0
|
0
|
(35)
|
(35)
|
(35)
|
0
|
0
|
|
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
|
0
|
0
|
347
|
0
|
336
|
0
|
0
|
0
|
0
|
0
|
0
|
40
|
40
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
54
|
132
|
79
|
75
|
99
|
21
|
47
|
55
|
35
|
43
|
39
|
57
|
38
|
22
|
24
|
(24)
|
31
|
33
|
3
|
69
|
114
|
67
|
80
|
395
|
75
|
425
|
423
|
435
|
435
|
419
|
106
|
93
|
155
|
223
|
225
|
197
|
186
|
195
|
197
|
198
|
255
|
|
Pre-Tax Income |
5 832
N/A
|
5 982
+3%
|
5 871
-2%
|
5 119
-13%
|
3 782
-26%
|
3 101
-18%
|
2 854
-8%
|
2 918
+2%
|
3 459
+19%
|
4 074
+18%
|
4 454
+9%
|
5 349
+20%
|
5 104
-5%
|
5 319
+4%
|
5 404
+2%
|
4 567
-15%
|
5 017
+10%
|
5 266
+5%
|
5 549
+5%
|
6 601
+19%
|
6 266
-5%
|
6 330
+1%
|
7 042
+11%
|
7 616
+8%
|
8 706
+14%
|
11 333
+30%
|
12 510
+10%
|
13 256
+6%
|
13 734
+4%
|
13 902
+1%
|
14 028
+1%
|
13 968
0%
|
13 975
+0%
|
12 411
-11%
|
11 723
-6%
|
10 432
-11%
|
10 551
+1%
|
11 367
+8%
|
11 255
-1%
|
14 104
+25%
|
13 523
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2 489)
|
(2 562)
|
(2 520)
|
(2 316)
|
(1 192)
|
(966)
|
(855)
|
(920)
|
(993)
|
(1 177)
|
(1 314)
|
(1 548)
|
(1 620)
|
(1 697)
|
(1 706)
|
(1 490)
|
(1 599)
|
(1 646)
|
(1 702)
|
(2 005)
|
(2 205)
|
(2 250)
|
(2 536)
|
(2 624)
|
(2 592)
|
(3 353)
|
(3 656)
|
(3 912)
|
(4 163)
|
(4 226)
|
(4 279)
|
(4 307)
|
(4 247)
|
(3 748)
|
(3 568)
|
(3 335)
|
(3 234)
|
(3 494)
|
(3 404)
|
(4 050)
|
(3 977)
|
|
Income from Continuing Operations |
3 343
|
3 420
|
3 351
|
2 803
|
2 590
|
2 135
|
1 999
|
1 998
|
2 466
|
2 897
|
3 140
|
3 801
|
3 484
|
3 622
|
3 698
|
3 077
|
3 418
|
3 620
|
3 847
|
4 596
|
4 061
|
4 080
|
4 506
|
4 992
|
6 114
|
7 980
|
8 854
|
9 344
|
9 571
|
9 676
|
9 749
|
9 661
|
9 728
|
8 663
|
8 155
|
7 097
|
7 317
|
7 873
|
7 851
|
10 054
|
9 546
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
(16)
|
(21)
|
(24)
|
(28)
|
(11)
|
(10)
|
(13)
|
(13)
|
(24)
|
(25)
|
(22)
|
(29)
|
(26)
|
(29)
|
(29)
|
(20)
|
(15)
|
(9)
|
(8)
|
(10)
|
(15)
|
(18)
|
(21)
|
(21)
|
(12)
|
(14)
|
(25)
|
(27)
|
(31)
|
(33)
|
(30)
|
(32)
|
(30)
|
(30)
|
(5)
|
(25)
|
(89)
|
|
Net Income (Common) |
3 342
N/A
|
3 418
+2%
|
3 351
-2%
|
2 802
-16%
|
2 573
-8%
|
2 113
-18%
|
1 973
-7%
|
1 969
0%
|
2 454
+25%
|
2 885
+18%
|
3 126
+8%
|
3 787
+21%
|
3 459
-9%
|
3 596
+4%
|
3 674
+2%
|
3 047
-17%
|
3 391
+11%
|
3 591
+6%
|
3 818
+6%
|
4 575
+20%
|
4 046
-12%
|
4 072
+1%
|
4 498
+10%
|
4 982
+11%
|
6 098
+22%
|
7 961
+31%
|
8 832
+11%
|
9 322
+6%
|
9 558
+3%
|
9 660
+1%
|
9 723
+1%
|
9 634
-1%
|
9 696
+1%
|
8 628
-11%
|
8 124
-6%
|
7 063
-13%
|
7 286
+3%
|
7 843
+8%
|
7 846
+0%
|
10 029
+28%
|
9 456
-6%
|
|
EPS (Diluted) |
123.77
N/A
|
126.59
+2%
|
124.11
-2%
|
107.76
-13%
|
97.24
-10%
|
81.26
-16%
|
75.88
-7%
|
75.73
0%
|
93.19
+23%
|
110.96
+19%
|
120.23
+8%
|
145.65
+21%
|
131.36
-10%
|
138.3
+5%
|
141.3
+2%
|
115.71
-18%
|
128.78
+11%
|
136.37
+6%
|
144.99
+6%
|
173.74
+20%
|
153.65
-12%
|
154.68
+1%
|
171.5
+11%
|
190.28
+11%
|
233.77
+23%
|
305.18
+31%
|
338.57
+11%
|
357.35
+6%
|
366.4
+3%
|
370.32
+1%
|
372.74
+1%
|
369.33
-1%
|
371.71
+1%
|
330.76
-11%
|
311.58
-6%
|
272.33
-13%
|
280.21
+3%
|
302.61
+8%
|
302.73
+0%
|
386.97
+28%
|
364.85
-6%
|