Shinwa Co Ltd
TSE:7607
Income Statement
Earnings Waterfall
Shinwa Co Ltd
Revenue
|
69.2B
JPY
|
Cost of Revenue
|
-57.9B
JPY
|
Gross Profit
|
11.3B
JPY
|
Operating Expenses
|
-8.1B
JPY
|
Operating Income
|
3.2B
JPY
|
Other Expenses
|
-658m
JPY
|
Net Income
|
2.6B
JPY
|
Income Statement
Shinwa Co Ltd
Nov-2013 | Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
35 383
N/A
|
35 468
+0%
|
35 861
+1%
|
37 030
+3%
|
38 887
+5%
|
43 530
+12%
|
45 296
+4%
|
46 399
+2%
|
46 679
+1%
|
43 792
-6%
|
44 387
+1%
|
46 029
+4%
|
46 083
+0%
|
49 546
+8%
|
51 007
+3%
|
51 400
+1%
|
51 008
-1%
|
51 982
+2%
|
54 029
+4%
|
56 598
+5%
|
58 916
+4%
|
60 460
+3%
|
63 079
+4%
|
62 461
-1%
|
64 733
+4%
|
69 556
+7%
|
67 169
-3%
|
68 114
+1%
|
65 348
-4%
|
59 618
-9%
|
59 620
+0%
|
61 161
+3%
|
65 372
+7%
|
69 605
+6%
|
72 395
+4%
|
71 063
-2%
|
77 726
+9%
|
75 415
-3%
|
74 347
-1%
|
76 114
+2%
|
69 233
-9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(29 521)
|
(29 480)
|
(29 862)
|
(30 847)
|
(32 493)
|
(36 454)
|
(37 966)
|
(38 889)
|
(39 086)
|
(36 668)
|
(37 165)
|
(38 527)
|
(38 612)
|
(41 552)
|
(42 771)
|
(43 112)
|
(42 669)
|
(43 431)
|
(45 075)
|
(47 151)
|
(48 914)
|
(50 103)
|
(52 402)
|
(51 908)
|
(53 973)
|
(58 454)
|
(56 464)
|
(57 122)
|
(54 817)
|
(49 532)
|
(49 316)
|
(50 882)
|
(54 347)
|
(57 935)
|
(59 992)
|
(58 793)
|
(64 128)
|
(62 134)
|
(61 670)
|
(63 161)
|
(57 912)
|
|
Gross Profit |
5 863
N/A
|
5 989
+2%
|
5 999
+0%
|
6 183
+3%
|
6 394
+3%
|
7 075
+11%
|
7 330
+4%
|
7 510
+2%
|
7 593
+1%
|
7 125
-6%
|
7 223
+1%
|
7 502
+4%
|
7 472
0%
|
7 994
+7%
|
8 236
+3%
|
8 288
+1%
|
8 340
+1%
|
8 553
+3%
|
8 955
+5%
|
9 447
+5%
|
10 003
+6%
|
10 358
+4%
|
10 676
+3%
|
10 553
-1%
|
10 760
+2%
|
11 102
+3%
|
10 705
-4%
|
10 992
+3%
|
10 531
-4%
|
10 086
-4%
|
10 304
+2%
|
10 279
0%
|
11 025
+7%
|
11 671
+6%
|
12 403
+6%
|
12 269
-1%
|
13 598
+11%
|
13 281
-2%
|
12 677
-5%
|
12 953
+2%
|
11 320
-13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 686)
|
(3 743)
|
(3 757)
|
(3 921)
|
(4 074)
|
(4 137)
|
(4 275)
|
(4 359)
|
(4 535)
|
(4 531)
|
(4 485)
|
(4 461)
|
(4 409)
|
(4 429)
|
(4 537)
|
(4 634)
|
(4 769)
|
(4 892)
|
(4 973)
|
(5 068)
|
(5 123)
|
(5 333)
|
(5 624)
|
(5 864)
|
(6 202)
|
(6 337)
|
(6 252)
|
(6 160)
|
(6 043)
|
(6 031)
|
(6 195)
|
(6 277)
|
(6 488)
|
(6 607)
|
(6 706)
|
(7 056)
|
(7 330)
|
(7 604)
|
(7 852)
|
(7 957)
|
(8 098)
|
|
Selling, General & Administrative |
(3 687)
|
(3 745)
|
(3 758)
|
(3 824)
|
(4 005)
|
(4 152)
|
(4 275)
|
(4 244)
|
(4 526)
|
(4 531)
|
(4 485)
|
(4 332)
|
(4 409)
|
(4 429)
|
(4 537)
|
(4 499)
|
(4 735)
|
(4 858)
|
(4 939)
|
(4 890)
|
(5 123)
|
(5 333)
|
(5 624)
|
(5 623)
|
(6 202)
|
(6 337)
|
(6 252)
|
(5 821)
|
(6 043)
|
(6 031)
|
(6 195)
|
(5 842)
|
(6 462)
|
(6 581)
|
(6 680)
|
(6 675)
|
(7 310)
|
(7 585)
|
(7 833)
|
(7 480)
|
(8 071)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(97)
|
0
|
0
|
0
|
(115)
|
0
|
0
|
0
|
(130)
|
0
|
0
|
0
|
(134)
|
0
|
0
|
0
|
(178)
|
0
|
0
|
0
|
(240)
|
0
|
0
|
0
|
(340)
|
0
|
0
|
0
|
(435)
|
0
|
0
|
0
|
(381)
|
0
|
0
|
0
|
(477)
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
(69)
|
15
|
0
|
(0)
|
(9)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(34)
|
(34)
|
(34)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(26)
|
(26)
|
(26)
|
(0)
|
(19)
|
(19)
|
(19)
|
(0)
|
(28)
|
|
Operating Income |
2 176
N/A
|
2 245
+3%
|
2 243
0%
|
2 262
+1%
|
2 321
+3%
|
2 940
+27%
|
3 055
+4%
|
3 151
+3%
|
3 058
-3%
|
2 594
-15%
|
2 739
+6%
|
3 040
+11%
|
3 063
+1%
|
3 565
+16%
|
3 699
+4%
|
3 655
-1%
|
3 572
-2%
|
3 661
+2%
|
3 982
+9%
|
4 378
+10%
|
4 880
+11%
|
5 024
+3%
|
5 053
+1%
|
4 690
-7%
|
4 558
-3%
|
4 766
+5%
|
4 453
-7%
|
4 832
+9%
|
4 488
-7%
|
4 055
-10%
|
4 109
+1%
|
4 002
-3%
|
4 537
+13%
|
5 064
+12%
|
5 697
+13%
|
5 214
-8%
|
6 268
+20%
|
5 676
-9%
|
4 824
-15%
|
4 996
+4%
|
3 222
-36%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
278
|
112
|
59
|
31
|
21
|
122
|
140
|
166
|
165
|
52
|
32
|
1
|
27
|
(42)
|
(36)
|
(50)
|
(97)
|
(50)
|
(51)
|
(17)
|
4
|
(2)
|
43
|
16
|
(83)
|
(9)
|
(117)
|
(107)
|
0
|
(76)
|
7
|
36
|
90
|
145
|
167
|
295
|
202
|
133
|
54
|
(116)
|
(28)
|
|
Non-Reccuring Items |
(168)
|
(267)
|
(196)
|
(69)
|
0
|
0
|
7
|
(9)
|
0
|
(9)
|
(24)
|
(15)
|
(75)
|
(75)
|
(60)
|
(94)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
1
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(28)
|
0
|
|
Gain/Loss on Disposition of Assets |
(35)
|
(34)
|
(9)
|
(25)
|
(23)
|
(24)
|
(25)
|
(4)
|
(3)
|
(1)
|
1
|
1
|
0
|
0
|
43
|
43
|
80
|
80
|
34
|
34
|
(4)
|
(5)
|
(7)
|
(16)
|
(16)
|
(14)
|
(12)
|
(15)
|
(13)
|
0
|
(19)
|
3
|
(7)
|
(8)
|
(2)
|
(3)
|
1
|
5
|
8
|
13
|
7
|
|
Total Other Income |
(41)
|
(31)
|
(30)
|
45
|
60
|
63
|
70
|
37
|
46
|
45
|
38
|
60
|
51
|
41
|
43
|
37
|
35
|
40
|
46
|
95
|
87
|
96
|
109
|
98
|
100
|
94
|
100
|
103
|
121
|
111
|
112
|
107
|
81
|
80
|
77
|
74
|
80
|
80
|
44
|
265
|
407
|
|
Pre-Tax Income |
2 210
N/A
|
2 025
-8%
|
2 066
+2%
|
2 245
+9%
|
2 378
+6%
|
3 100
+30%
|
3 246
+5%
|
3 341
+3%
|
3 265
-2%
|
2 680
-18%
|
2 785
+4%
|
3 087
+11%
|
3 065
-1%
|
3 488
+14%
|
3 689
+6%
|
3 591
-3%
|
3 589
0%
|
3 729
+4%
|
4 009
+8%
|
4 491
+12%
|
4 966
+11%
|
5 113
+3%
|
5 197
+2%
|
4 788
-8%
|
4 558
-5%
|
4 835
+6%
|
4 423
-9%
|
4 814
+9%
|
4 596
-5%
|
4 090
-11%
|
4 210
+3%
|
4 106
-2%
|
4 701
+14%
|
5 281
+12%
|
5 939
+12%
|
5 560
-6%
|
6 551
+18%
|
5 895
-10%
|
4 930
-16%
|
5 130
+4%
|
3 608
-30%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(881)
|
(809)
|
(775)
|
(831)
|
(874)
|
(1 109)
|
(1 176)
|
(1 222)
|
(1 185)
|
(972)
|
(991)
|
(1 023)
|
(996)
|
(1 124)
|
(1 148)
|
(1 097)
|
(1 116)
|
(1 145)
|
(1 223)
|
(1 307)
|
(1 492)
|
(1 480)
|
(1 513)
|
(1 530)
|
(1 440)
|
(1 584)
|
(1 439)
|
(1 504)
|
(1 405)
|
(1 280)
|
(1 354)
|
(1 322)
|
(1 515)
|
(1 689)
|
(1 893)
|
(1 765)
|
(2 097)
|
(1 829)
|
(1 491)
|
(1 539)
|
(1 042)
|
|
Income from Continuing Operations |
1 330
|
1 218
|
1 294
|
1 414
|
1 505
|
1 992
|
2 071
|
2 119
|
2 082
|
1 708
|
1 793
|
2 063
|
2 068
|
2 364
|
2 541
|
2 494
|
2 474
|
2 585
|
2 787
|
3 183
|
3 473
|
3 633
|
3 684
|
3 259
|
3 118
|
3 252
|
2 985
|
3 310
|
3 190
|
2 810
|
2 855
|
2 784
|
3 186
|
3 593
|
4 046
|
3 795
|
4 454
|
4 066
|
3 440
|
3 591
|
2 567
|
|
Income to Minority Interest |
(7)
|
(9)
|
(7)
|
(5)
|
(6)
|
(2)
|
(3)
|
3
|
7
|
9
|
10
|
4
|
2
|
1
|
1
|
2
|
1
|
1
|
0
|
(3)
|
(3)
|
(3)
|
(4)
|
(1)
|
2
|
(1)
|
(3)
|
(4)
|
(11)
|
(11)
|
(13)
|
(16)
|
(16)
|
(15)
|
(14)
|
(11)
|
(11)
|
(12)
|
(7)
|
(6)
|
(3)
|
|
Net Income (Common) |
1 323
N/A
|
1 209
-9%
|
1 286
+6%
|
1 409
+10%
|
1 499
+6%
|
1 989
+33%
|
2 067
+4%
|
2 122
+3%
|
2 089
-2%
|
1 718
-18%
|
1 804
+5%
|
2 067
+15%
|
2 070
+0%
|
2 365
+14%
|
2 542
+7%
|
2 495
-2%
|
2 475
-1%
|
2 586
+4%
|
2 787
+8%
|
3 180
+14%
|
3 471
+9%
|
3 630
+5%
|
3 680
+1%
|
3 258
-11%
|
3 121
-4%
|
3 250
+4%
|
2 982
-8%
|
3 306
+11%
|
3 179
-4%
|
2 799
-12%
|
2 842
+2%
|
2 769
-3%
|
3 170
+14%
|
3 578
+13%
|
4 032
+13%
|
3 784
-6%
|
4 442
+17%
|
4 054
-9%
|
3 432
-15%
|
3 585
+4%
|
2 564
-28%
|
|
EPS (Diluted) |
101.76
N/A
|
93
-9%
|
98.92
+6%
|
108.38
+10%
|
115.3
+6%
|
153
+33%
|
159
+4%
|
164.46
+3%
|
160.69
-2%
|
132.15
-18%
|
138.76
+5%
|
160.25
+15%
|
159.23
-1%
|
181.92
+14%
|
195.53
+7%
|
193.43
-1%
|
190.38
-2%
|
198.92
+4%
|
214.38
+8%
|
246.35
+15%
|
268.84
+9%
|
280.15
+4%
|
276.16
-1%
|
248.13
-10%
|
234.24
-6%
|
243.74
+4%
|
223.6
-8%
|
247.99
+11%
|
238.4
-4%
|
209.67
-12%
|
212.88
+2%
|
207.44
-3%
|
237.43
+14%
|
267.76
+13%
|
301.69
+13%
|
283.26
-6%
|
332.43
+17%
|
303.12
-9%
|
256.56
-15%
|
268.08
+4%
|
191.68
-28%
|