Argo Graphics Inc
TSE:7595
Income Statement
Earnings Waterfall
Argo Graphics Inc
Revenue
|
59.6B
JPY
|
Cost of Revenue
|
-43.7B
JPY
|
Gross Profit
|
15.9B
JPY
|
Operating Expenses
|
-6.8B
JPY
|
Operating Income
|
9.1B
JPY
|
Other Expenses
|
-2.7B
JPY
|
Net Income
|
6.4B
JPY
|
Income Statement
Argo Graphics 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 |
29 757
N/A
|
32 103
+8%
|
32 653
+2%
|
33 185
+2%
|
32 476
-2%
|
31 190
-4%
|
31 686
+2%
|
32 183
+2%
|
32 740
+2%
|
34 026
+4%
|
34 331
+1%
|
34 401
+0%
|
35 319
+3%
|
34 848
-1%
|
35 594
+2%
|
36 284
+2%
|
37 166
+2%
|
40 177
+8%
|
41 907
+4%
|
43 207
+3%
|
45 081
+4%
|
45 174
+0%
|
46 688
+3%
|
47 308
+1%
|
47 858
+1%
|
48 192
+1%
|
47 054
-2%
|
45 148
-4%
|
43 212
-4%
|
43 416
+0%
|
43 870
+1%
|
45 744
+4%
|
46 414
+1%
|
46 188
0%
|
48 026
+4%
|
47 789
0%
|
48 747
+2%
|
53 348
+9%
|
53 752
+1%
|
56 679
+5%
|
59 631
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(23 004)
|
(25 255)
|
(25 727)
|
(26 175)
|
(25 433)
|
(24 051)
|
(24 392)
|
(24 731)
|
(25 149)
|
(26 287)
|
(26 296)
|
(26 037)
|
(26 620)
|
(25 962)
|
(26 551)
|
(27 120)
|
(27 741)
|
(30 275)
|
(31 573)
|
(32 551)
|
(33 860)
|
(33 841)
|
(34 927)
|
(35 127)
|
(35 495)
|
(35 472)
|
(34 459)
|
(32 819)
|
(31 408)
|
(31 581)
|
(31 882)
|
(33 735)
|
(34 073)
|
(33 509)
|
(35 063)
|
(34 505)
|
(35 248)
|
(39 183)
|
(39 374)
|
(41 607)
|
(43 701)
|
|
Gross Profit |
6 753
N/A
|
6 849
+1%
|
6 926
+1%
|
7 010
+1%
|
7 043
+0%
|
7 139
+1%
|
7 294
+2%
|
7 452
+2%
|
7 591
+2%
|
7 739
+2%
|
8 035
+4%
|
8 364
+4%
|
8 699
+4%
|
8 885
+2%
|
9 044
+2%
|
9 165
+1%
|
9 426
+3%
|
9 902
+5%
|
10 333
+4%
|
10 655
+3%
|
11 221
+5%
|
11 334
+1%
|
11 761
+4%
|
12 181
+4%
|
12 363
+1%
|
12 720
+3%
|
12 595
-1%
|
12 328
-2%
|
11 803
-4%
|
11 835
+0%
|
11 988
+1%
|
12 009
+0%
|
12 340
+3%
|
12 679
+3%
|
12 962
+2%
|
13 284
+2%
|
13 499
+2%
|
14 165
+5%
|
14 379
+2%
|
15 072
+5%
|
15 930
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4 855)
|
(4 737)
|
(4 748)
|
(4 782)
|
(4 870)
|
(4 859)
|
(5 025)
|
(4 738)
|
(4 854)
|
(5 276)
|
(5 360)
|
(5 519)
|
(5 563)
|
(5 775)
|
(5 810)
|
(5 855)
|
(5 967)
|
(6 149)
|
(6 250)
|
(6 368)
|
(6 368)
|
(6 382)
|
(6 360)
|
(6 280)
|
(6 329)
|
(6 455)
|
(6 449)
|
(6 450)
|
(6 377)
|
(6 196)
|
(6 170)
|
(6 067)
|
(6 039)
|
(6 078)
|
(6 057)
|
(6 176)
|
(6 183)
|
(6 391)
|
(6 540)
|
(6 646)
|
(6 825)
|
|
Selling, General & Administrative |
(4 777)
|
(4 423)
|
(4 741)
|
(4 775)
|
(4 863)
|
(4 669)
|
(5 024)
|
(5 099)
|
(5 214)
|
(5 059)
|
(5 360)
|
(5 513)
|
(5 562)
|
(5 518)
|
(5 809)
|
(5 854)
|
(5 966)
|
(5 887)
|
(6 240)
|
(6 357)
|
(6 368)
|
(6 111)
|
(6 359)
|
(6 280)
|
(6 329)
|
(6 191)
|
(6 449)
|
(6 450)
|
(6 377)
|
(5 905)
|
(6 169)
|
(6 067)
|
(6 039)
|
(5 742)
|
(6 045)
|
(6 163)
|
(6 178)
|
(6 062)
|
(6 443)
|
(6 548)
|
(6 727)
|
|
Research & Development |
0
|
(314)
|
0
|
0
|
0
|
(190)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(257)
|
0
|
0
|
0
|
(262)
|
0
|
0
|
0
|
(271)
|
0
|
0
|
0
|
(264)
|
0
|
0
|
0
|
(291)
|
0
|
0
|
0
|
(336)
|
0
|
0
|
0
|
(328)
|
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 |
(78)
|
0
|
(7)
|
(7)
|
(7)
|
0
|
0
|
361
|
360
|
(218)
|
0
|
(6)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(10)
|
(11)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(12)
|
(12)
|
(5)
|
(0)
|
(98)
|
(98)
|
(98)
|
|
Operating Income |
1 898
N/A
|
2 112
+11%
|
2 178
+3%
|
2 228
+2%
|
2 172
-3%
|
2 280
+5%
|
2 268
-1%
|
2 712
+20%
|
2 736
+1%
|
2 463
-10%
|
2 674
+9%
|
2 846
+6%
|
3 138
+10%
|
3 110
-1%
|
3 236
+4%
|
3 310
+2%
|
3 459
+5%
|
3 753
+8%
|
4 083
+9%
|
4 288
+5%
|
4 853
+13%
|
4 951
+2%
|
5 401
+9%
|
5 901
+9%
|
6 033
+2%
|
6 266
+4%
|
6 146
-2%
|
5 878
-4%
|
5 427
-8%
|
5 639
+4%
|
5 819
+3%
|
5 942
+2%
|
6 301
+6%
|
6 601
+5%
|
6 906
+5%
|
7 109
+3%
|
7 316
+3%
|
7 774
+6%
|
7 839
+1%
|
8 426
+7%
|
9 105
+8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
170
|
180
|
186
|
191
|
171
|
187
|
102
|
124
|
129
|
186
|
185
|
150
|
175
|
241
|
232
|
247
|
243
|
245
|
257
|
283
|
286
|
322
|
342
|
330
|
343
|
239
|
226
|
224
|
194
|
275
|
288
|
257
|
262
|
293
|
284
|
309
|
340
|
404
|
457
|
454
|
438
|
|
Non-Reccuring Items |
0
|
(6)
|
0
|
0
|
0
|
333
|
361
|
0
|
0
|
15
|
(5)
|
0
|
(5)
|
8
|
0
|
0
|
0
|
(10)
|
0
|
0
|
(11)
|
(40)
|
(15)
|
(3)
|
21
|
22
|
(31)
|
(52)
|
(86)
|
(50)
|
6
|
16
|
20
|
(9)
|
0
|
0
|
0
|
(98)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
(13)
|
(13)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
50
|
64
|
120
|
119
|
117
|
70
|
101
|
94
|
77
|
23
|
64
|
63
|
85
|
31
|
56
|
56
|
42
|
40
|
47
|
45
|
33
|
13
|
(38)
|
(45)
|
(27)
|
36
|
22
|
42
|
37
|
61
|
81
|
74
|
103
|
43
|
58
|
56
|
39
|
49
|
39
|
36
|
47
|
|
Pre-Tax Income |
2 118
N/A
|
2 364
+12%
|
2 484
+5%
|
2 538
+2%
|
2 460
-3%
|
2 869
+17%
|
2 831
-1%
|
2 929
+3%
|
2 941
+0%
|
2 687
-9%
|
2 920
+9%
|
3 061
+5%
|
3 395
+11%
|
3 389
0%
|
3 524
+4%
|
3 613
+3%
|
3 744
+4%
|
4 028
+8%
|
4 388
+9%
|
4 617
+5%
|
5 162
+12%
|
5 243
+2%
|
5 691
+9%
|
6 183
+9%
|
6 358
+3%
|
6 550
+3%
|
6 363
-3%
|
6 092
-4%
|
5 571
-9%
|
5 925
+6%
|
6 195
+5%
|
6 290
+2%
|
6 686
+6%
|
6 929
+4%
|
7 248
+5%
|
7 475
+3%
|
7 695
+3%
|
8 130
+6%
|
8 334
+3%
|
8 915
+7%
|
9 591
+8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(780)
|
(852)
|
(869)
|
(887)
|
(805)
|
(839)
|
(834)
|
(804)
|
(890)
|
(896)
|
(978)
|
(1 041)
|
(1 143)
|
(1 111)
|
(1 158)
|
(1 185)
|
(1 199)
|
(1 311)
|
(1 328)
|
(1 427)
|
(1 599)
|
(1 551)
|
(1 757)
|
(1 888)
|
(1 940)
|
(2 108)
|
(2 042)
|
(1 956)
|
(1 767)
|
(1 815)
|
(1 874)
|
(1 968)
|
(2 213)
|
(2 187)
|
(2 299)
|
(2 313)
|
(2 326)
|
(2 532)
|
(2 588)
|
(2 794)
|
(2 987)
|
|
Income from Continuing Operations |
1 339
|
1 511
|
1 616
|
1 651
|
1 654
|
2 030
|
1 997
|
2 127
|
2 053
|
1 791
|
1 942
|
2 019
|
2 251
|
2 278
|
2 366
|
2 428
|
2 545
|
2 717
|
3 060
|
3 191
|
3 564
|
3 692
|
3 935
|
4 296
|
4 418
|
4 441
|
4 321
|
4 136
|
3 804
|
4 109
|
4 321
|
4 322
|
4 473
|
4 742
|
4 949
|
5 161
|
5 369
|
5 598
|
5 746
|
6 120
|
6 604
|
|
Income to Minority Interest |
(66)
|
(49)
|
(54)
|
(52)
|
(77)
|
(98)
|
(100)
|
(146)
|
(111)
|
(127)
|
(118)
|
(136)
|
(148)
|
(167)
|
(156)
|
(152)
|
(159)
|
(134)
|
(159)
|
(147)
|
(151)
|
(162)
|
(193)
|
(223)
|
(216)
|
(227)
|
(239)
|
(189)
|
(193)
|
(148)
|
(136)
|
(85)
|
(157)
|
(225)
|
(240)
|
(303)
|
(233)
|
(177)
|
(171)
|
(165)
|
(176)
|
|
Net Income (Common) |
1 274
N/A
|
1 463
+15%
|
1 562
+7%
|
1 598
+2%
|
1 576
-1%
|
1 933
+23%
|
1 896
-2%
|
1 979
+4%
|
1 941
-2%
|
1 663
-14%
|
1 824
+10%
|
1 883
+3%
|
2 104
+12%
|
2 111
+0%
|
2 210
+5%
|
2 277
+3%
|
2 386
+5%
|
2 583
+8%
|
2 900
+12%
|
3 043
+5%
|
3 412
+12%
|
3 530
+3%
|
3 741
+6%
|
4 073
+9%
|
4 202
+3%
|
4 214
+0%
|
4 082
-3%
|
3 947
-3%
|
3 611
-8%
|
3 961
+10%
|
4 185
+6%
|
4 237
+1%
|
4 316
+2%
|
4 518
+5%
|
4 708
+4%
|
4 858
+3%
|
5 136
+6%
|
5 421
+6%
|
5 575
+3%
|
5 956
+7%
|
6 428
+8%
|
|
EPS (Diluted) |
60.66
N/A
|
69.66
+15%
|
74.38
+7%
|
76.09
+2%
|
75.04
-1%
|
92.35
+23%
|
90.28
-2%
|
94.23
+4%
|
92.42
-2%
|
77.98
-16%
|
86.85
+11%
|
89.66
+3%
|
100.19
+12%
|
98.73
-1%
|
105.23
+7%
|
108.42
+3%
|
113.61
+5%
|
120.96
+6%
|
138.09
+14%
|
144.9
+5%
|
159.78
+10%
|
165.32
+3%
|
175.19
+6%
|
190.72
+9%
|
196.76
+3%
|
197.34
+0%
|
191.13
-3%
|
184.81
-3%
|
169.11
-8%
|
185.49
+10%
|
195.88
+6%
|
198.16
+1%
|
201.87
+2%
|
211.36
+5%
|
220.31
+4%
|
227.69
+3%
|
240.3
+6%
|
254.07
+6%
|
261.49
+3%
|
279.3
+7%
|
301.65
+8%
|