Happinet Corp
TSE:7552
Income Statement
Earnings Waterfall
Happinet Corp
Revenue
|
337.3B
JPY
|
Cost of Revenue
|
-300.7B
JPY
|
Gross Profit
|
36.6B
JPY
|
Operating Expenses
|
-29.2B
JPY
|
Operating Income
|
7.4B
JPY
|
Other Expenses
|
-1.6B
JPY
|
Net Income
|
5.8B
JPY
|
Income Statement
Happinet 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 |
204 535
N/A
|
206 867
+1%
|
210 734
+2%
|
212 933
+1%
|
215 733
+1%
|
217 232
+1%
|
214 493
-1%
|
207 788
-3%
|
192 933
-7%
|
187 274
-3%
|
182 731
-2%
|
175 729
-4%
|
171 148
-3%
|
174 059
+2%
|
176 452
+1%
|
186 438
+6%
|
193 839
+4%
|
197 607
+2%
|
209 706
+6%
|
217 360
+4%
|
235 187
+8%
|
240 398
+2%
|
239 406
0%
|
238 832
0%
|
230 726
-3%
|
233 347
+1%
|
237 589
+2%
|
241 673
+2%
|
252 684
+5%
|
259 313
+3%
|
268 096
+3%
|
273 162
+2%
|
278 874
+2%
|
282 441
+1%
|
284 839
+1%
|
297 622
+4%
|
304 337
+2%
|
307 253
+1%
|
327 872
+7%
|
327 840
0%
|
337 261
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(180 669)
|
(182 828)
|
(186 156)
|
(187 662)
|
(189 783)
|
(191 080)
|
(188 865)
|
(183 045)
|
(170 353)
|
(165 276)
|
(161 457)
|
(154 801)
|
(149 156)
|
(152 087)
|
(154 209)
|
(163 737)
|
(171 053)
|
(174 726)
|
(185 974)
|
(193 015)
|
(209 870)
|
(215 204)
|
(214 149)
|
(213 621)
|
(207 079)
|
(209 807)
|
(214 305)
|
(217 991)
|
(227 379)
|
(233 239)
|
(240 614)
|
(245 459)
|
(250 511)
|
(253 077)
|
(255 156)
|
(266 232)
|
(271 870)
|
(274 841)
|
(293 570)
|
(292 953)
|
(300 688)
|
|
Gross Profit |
23 866
N/A
|
24 039
+1%
|
24 578
+2%
|
25 271
+3%
|
25 950
+3%
|
26 152
+1%
|
25 628
-2%
|
24 743
-3%
|
22 580
-9%
|
21 998
-3%
|
21 274
-3%
|
20 928
-2%
|
21 992
+5%
|
21 972
0%
|
22 243
+1%
|
22 701
+2%
|
22 786
+0%
|
22 881
+0%
|
23 732
+4%
|
24 345
+3%
|
25 317
+4%
|
25 194
0%
|
25 257
+0%
|
25 211
0%
|
23 647
-6%
|
23 540
0%
|
23 284
-1%
|
23 682
+2%
|
25 305
+7%
|
26 074
+3%
|
27 482
+5%
|
27 703
+1%
|
28 363
+2%
|
29 364
+4%
|
29 683
+1%
|
31 390
+6%
|
32 467
+3%
|
32 412
0%
|
34 302
+6%
|
34 887
+2%
|
36 573
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(19 849)
|
(20 150)
|
(20 463)
|
(20 572)
|
(20 936)
|
(21 096)
|
(20 624)
|
(20 212)
|
(19 460)
|
(18 548)
|
(18 451)
|
(18 471)
|
(18 485)
|
(18 274)
|
(18 248)
|
(18 086)
|
(17 664)
|
(18 075)
|
(18 608)
|
(19 380)
|
(20 325)
|
(20 654)
|
(20 909)
|
(20 986)
|
(20 962)
|
(20 968)
|
(20 837)
|
(20 767)
|
(21 468)
|
(21 825)
|
(22 502)
|
(22 802)
|
(23 111)
|
(23 789)
|
(24 141)
|
(25 137)
|
(26 212)
|
(26 756)
|
(27 614)
|
(27 781)
|
(29 176)
|
|
Selling, General & Administrative |
(19 849)
|
(19 331)
|
(20 462)
|
(20 572)
|
(20 936)
|
(20 720)
|
(20 623)
|
(20 211)
|
(19 458)
|
(18 200)
|
(18 451)
|
(18 471)
|
(18 485)
|
(17 863)
|
(18 246)
|
(18 084)
|
(17 664)
|
(17 712)
|
(18 607)
|
(19 379)
|
(20 323)
|
(20 026)
|
(20 908)
|
(20 985)
|
(20 960)
|
(20 112)
|
(20 836)
|
(20 766)
|
(21 468)
|
(20 899)
|
(22 502)
|
(22 802)
|
(23 111)
|
(22 665)
|
(24 140)
|
(25 136)
|
(26 211)
|
(25 368)
|
(27 426)
|
(27 594)
|
(28 988)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(133)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
3
|
(818)
|
0
|
0
|
0
|
(342)
|
0
|
0
|
0
|
(341)
|
0
|
0
|
0
|
(386)
|
0
|
0
|
0
|
(313)
|
0
|
0
|
0
|
(593)
|
0
|
0
|
0
|
(722)
|
0
|
0
|
0
|
(886)
|
0
|
0
|
0
|
(1 111)
|
0
|
0
|
0
|
(1 363)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(3)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
(1)
|
0
|
(2)
|
(7)
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
0
|
(1)
|
(1)
|
0
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
(1)
|
(2)
|
(188)
|
(187)
|
(188)
|
|
Operating Income |
4 017
N/A
|
3 889
-3%
|
4 115
+6%
|
4 699
+14%
|
5 014
+7%
|
5 056
+1%
|
5 004
-1%
|
4 531
-9%
|
3 120
-31%
|
3 450
+11%
|
2 823
-18%
|
2 457
-13%
|
3 507
+43%
|
3 698
+5%
|
3 995
+8%
|
4 615
+16%
|
5 122
+11%
|
4 806
-6%
|
5 124
+7%
|
4 965
-3%
|
4 992
+1%
|
4 540
-9%
|
4 348
-4%
|
4 225
-3%
|
2 685
-36%
|
2 572
-4%
|
2 447
-5%
|
2 915
+19%
|
3 837
+32%
|
4 249
+11%
|
4 980
+17%
|
4 901
-2%
|
5 252
+7%
|
5 575
+6%
|
5 542
-1%
|
6 253
+13%
|
6 255
+0%
|
5 656
-10%
|
6 688
+18%
|
7 106
+6%
|
7 397
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
13
|
8
|
11
|
17
|
26
|
32
|
40
|
39
|
44
|
22
|
(74)
|
(125)
|
(221)
|
(245)
|
(248)
|
(243)
|
(196)
|
(212)
|
(166)
|
(182)
|
(166)
|
(174)
|
(167)
|
(147)
|
(153)
|
(207)
|
(170)
|
(152)
|
(146)
|
(40)
|
51
|
60
|
112
|
151
|
147
|
298
|
266
|
278
|
274
|
120
|
166
|
|
Non-Reccuring Items |
(60)
|
(218)
|
(491)
|
(1 000)
|
(754)
|
(604)
|
(179)
|
(79)
|
(19)
|
45
|
38
|
(35)
|
(144)
|
(433)
|
(426)
|
(353)
|
793
|
1 095
|
1 095
|
1 090
|
(12)
|
(46)
|
(328)
|
(328)
|
(264)
|
(246)
|
36
|
52
|
1
|
(69)
|
(70)
|
(125)
|
(127)
|
(236)
|
(235)
|
(191)
|
(191)
|
(13)
|
(9)
|
1 016
|
994
|
|
Gain/Loss on Disposition of Assets |
68
|
7
|
5
|
7
|
12
|
(16)
|
(16)
|
(22)
|
(26)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
36
|
20
|
43
|
39
|
39
|
40
|
11
|
(2)
|
(10)
|
21
|
46
|
49
|
51
|
27
|
30
|
34
|
32
|
134
|
132
|
129
|
134
|
30
|
34
|
37
|
40
|
49
|
46
|
68
|
62
|
74
|
106
|
89
|
106
|
100
|
121
|
98
|
101
|
203
|
183
|
229
|
227
|
|
Pre-Tax Income |
4 074
N/A
|
3 706
-9%
|
3 683
-1%
|
3 762
+2%
|
4 337
+15%
|
4 508
+4%
|
4 860
+8%
|
4 467
-8%
|
3 109
-30%
|
3 538
+14%
|
2 833
-20%
|
2 346
-17%
|
3 193
+36%
|
3 047
-5%
|
3 351
+10%
|
4 053
+21%
|
5 751
+42%
|
5 823
+1%
|
6 185
+6%
|
6 002
-3%
|
4 948
-18%
|
4 350
-12%
|
3 887
-11%
|
3 787
-3%
|
2 308
-39%
|
2 168
-6%
|
2 359
+9%
|
2 883
+22%
|
3 754
+30%
|
4 214
+12%
|
5 067
+20%
|
4 922
-3%
|
5 340
+8%
|
5 587
+5%
|
5 575
0%
|
6 458
+16%
|
6 431
0%
|
6 124
-5%
|
7 136
+17%
|
8 471
+19%
|
8 784
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 434)
|
(1 238)
|
(548)
|
(855)
|
(498)
|
(459)
|
(1 268)
|
(1 047)
|
(944)
|
(1 178)
|
(971)
|
(842)
|
(1 150)
|
(1 006)
|
(1 105)
|
(1 298)
|
(1 710)
|
(1 792)
|
(1 896)
|
(1 911)
|
(1 672)
|
(1 614)
|
(1 449)
|
(1 391)
|
(901)
|
(944)
|
(988)
|
(1 163)
|
(1 489)
|
(1 623)
|
(1 920)
|
(1 884)
|
(1 967)
|
(2 032)
|
(2 036)
|
(2 356)
|
(2 721)
|
(2 563)
|
(2 940)
|
(3 034)
|
(2 972)
|
|
Income from Continuing Operations |
2 640
|
2 468
|
3 135
|
2 907
|
3 839
|
4 049
|
3 592
|
3 420
|
2 165
|
2 360
|
1 862
|
1 504
|
2 043
|
2 041
|
2 246
|
2 755
|
4 041
|
4 031
|
4 289
|
4 091
|
3 276
|
2 736
|
2 438
|
2 396
|
1 407
|
1 224
|
1 371
|
1 720
|
2 265
|
2 591
|
3 147
|
3 038
|
3 373
|
3 555
|
3 539
|
4 102
|
3 710
|
3 561
|
4 196
|
5 437
|
5 812
|
|
Income to Minority Interest |
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
|
|
Net Income (Common) |
2 639
N/A
|
2 466
-7%
|
3 134
+27%
|
2 905
-7%
|
3 838
+32%
|
4 049
+5%
|
3 592
-11%
|
3 420
-5%
|
2 165
-37%
|
2 359
+9%
|
1 862
-21%
|
1 503
-19%
|
2 041
+36%
|
2 040
0%
|
2 243
+10%
|
2 755
+23%
|
4 040
+47%
|
4 031
0%
|
4 289
+6%
|
4 090
-5%
|
3 276
-20%
|
2 735
-17%
|
2 437
-11%
|
2 395
-2%
|
1 407
-41%
|
1 224
-13%
|
1 372
+12%
|
1 721
+25%
|
2 265
+32%
|
2 591
+14%
|
3 147
+21%
|
3 038
-3%
|
3 372
+11%
|
3 554
+5%
|
3 538
0%
|
4 101
+16%
|
3 709
-10%
|
3 561
-4%
|
4 195
+18%
|
5 436
+30%
|
5 813
+7%
|
|
EPS (Diluted) |
114.73
N/A
|
107.21
-7%
|
136.26
+27%
|
126.3
-7%
|
166.86
+32%
|
176.15
+6%
|
156.17
-11%
|
148.69
-5%
|
94.13
-37%
|
102.13
+8%
|
80.95
-21%
|
65.34
-19%
|
92.77
+42%
|
90.41
-3%
|
101.95
+13%
|
125.22
+23%
|
183.63
+47%
|
181.11
-1%
|
194.95
+8%
|
185.9
-5%
|
146.8
-21%
|
122.52
-17%
|
108.9
-11%
|
109.33
+0%
|
62.85
-43%
|
54.63
-13%
|
61.06
+12%
|
76.58
+25%
|
100.67
+31%
|
115.14
+14%
|
139.38
+21%
|
134.59
-3%
|
149.22
+11%
|
157.31
+5%
|
156.3
-1%
|
181.16
+16%
|
163.84
-10%
|
157.3
-4%
|
185.23
+18%
|
239.98
+30%
|
256.62
+7%
|