Topcon Corp
TSE:7732
Income Statement
Earnings Waterfall
Topcon Corp
Revenue
|
215.7B
JPY
|
Cost of Revenue
|
-101.5B
JPY
|
Gross Profit
|
114.2B
JPY
|
Operating Expenses
|
-102.1B
JPY
|
Operating Income
|
12.1B
JPY
|
Other Expenses
|
-7.8B
JPY
|
Net Income
|
4.3B
JPY
|
Income Statement
Topcon 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 |
109 793
N/A
|
116 685
+6%
|
118 975
+2%
|
123 292
+4%
|
126 010
+2%
|
128 569
+2%
|
129 808
+1%
|
132 100
+2%
|
131 464
0%
|
130 735
-1%
|
129 370
-1%
|
125 741
-3%
|
126 615
+1%
|
128 387
+1%
|
133 737
+4%
|
138 494
+4%
|
142 625
+3%
|
145 558
+2%
|
147 386
+1%
|
147 783
+0%
|
147 004
-1%
|
148 688
+1%
|
148 029
0%
|
147 944
0%
|
146 306
-1%
|
138 916
-5%
|
130 662
-6%
|
127 854
-2%
|
131 183
+3%
|
137 247
+5%
|
151 652
+10%
|
160 033
+6%
|
169 090
+6%
|
176 421
+4%
|
184 541
+5%
|
197 885
+7%
|
208 377
+5%
|
215 625
+3%
|
218 302
+1%
|
217 407
0%
|
215 695
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(58 231)
|
(61 034)
|
(60 907)
|
(63 061)
|
(63 787)
|
(62 299)
|
(62 506)
|
(62 479)
|
(62 684)
|
(65 093)
|
(64 084)
|
(62 796)
|
(62 564)
|
(62 840)
|
(66 511)
|
(68 623)
|
(70 309)
|
(70 574)
|
(70 242)
|
(70 310)
|
(69 208)
|
(70 173)
|
(69 900)
|
(69 491)
|
(69 205)
|
(66 283)
|
(64 040)
|
(63 803)
|
(66 167)
|
(69 351)
|
(75 105)
|
(78 943)
|
(82 911)
|
(86 328)
|
(89 948)
|
(95 860)
|
(100 778)
|
(103 223)
|
(104 324)
|
(103 536)
|
(101 534)
|
|
Gross Profit |
51 562
N/A
|
55 651
+8%
|
58 068
+4%
|
60 231
+4%
|
62 223
+3%
|
66 270
+7%
|
67 302
+2%
|
69 621
+3%
|
68 780
-1%
|
65 642
-5%
|
65 286
-1%
|
62 945
-4%
|
64 051
+2%
|
65 547
+2%
|
67 226
+3%
|
69 871
+4%
|
72 316
+3%
|
74 984
+4%
|
77 144
+3%
|
77 473
+0%
|
77 796
+0%
|
78 515
+1%
|
78 129
0%
|
78 453
+0%
|
77 101
-2%
|
72 633
-6%
|
66 622
-8%
|
64 051
-4%
|
65 016
+2%
|
67 896
+4%
|
76 547
+13%
|
81 090
+6%
|
86 179
+6%
|
90 093
+5%
|
94 593
+5%
|
102 025
+8%
|
107 599
+5%
|
112 402
+4%
|
113 978
+1%
|
113 871
0%
|
114 161
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(42 317)
|
(43 921)
|
(45 954)
|
(46 739)
|
(48 406)
|
(50 229)
|
(54 097)
|
(56 884)
|
(56 552)
|
(56 839)
|
(56 605)
|
(54 945)
|
(55 080)
|
(55 996)
|
(57 090)
|
(59 507)
|
(60 950)
|
(62 911)
|
(64 487)
|
(64 702)
|
(65 192)
|
(64 919)
|
(70 298)
|
(70 603)
|
(71 489)
|
(67 252)
|
(64 572)
|
(63 248)
|
(61 242)
|
(61 303)
|
(64 174)
|
(66 749)
|
(70 694)
|
(74 179)
|
(78 303)
|
(83 755)
|
(88 058)
|
(92 865)
|
(96 558)
|
(99 840)
|
(102 094)
|
|
Selling, General & Administrative |
(42 317)
|
(34 738)
|
(45 309)
|
(46 738)
|
(48 266)
|
(39 411)
|
(52 231)
|
(55 018)
|
(56 550)
|
(43 343)
|
(56 605)
|
(54 945)
|
(55 081)
|
(43 077)
|
(57 090)
|
(59 508)
|
(60 950)
|
(47 734)
|
(64 485)
|
(64 700)
|
(65 191)
|
(48 549)
|
(65 429)
|
(66 314)
|
(67 200)
|
(48 827)
|
(64 572)
|
(63 248)
|
(61 242)
|
(44 365)
|
(64 170)
|
(66 745)
|
(70 691)
|
(54 875)
|
(78 303)
|
(83 755)
|
(88 058)
|
(69 274)
|
(96 557)
|
(99 839)
|
(102 092)
|
|
Research & Development |
0
|
(4 826)
|
0
|
0
|
0
|
(6 366)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7 175)
|
0
|
0
|
0
|
(8 638)
|
0
|
0
|
0
|
(9 962)
|
0
|
0
|
0
|
(11 637)
|
0
|
0
|
0
|
(10 323)
|
0
|
0
|
0
|
(11 973)
|
0
|
0
|
0
|
(15 909)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
(4 356)
|
0
|
0
|
0
|
(4 450)
|
0
|
0
|
0
|
(6 217)
|
0
|
0
|
0
|
(5 744)
|
0
|
0
|
0
|
(6 538)
|
0
|
0
|
0
|
(6 407)
|
0
|
0
|
0
|
(6 787)
|
0
|
0
|
0
|
(6 613)
|
0
|
0
|
0
|
(7 330)
|
0
|
0
|
0
|
(7 681)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
(1)
|
(645)
|
0
|
(140)
|
0
|
(1 866)
|
(1 866)
|
(2)
|
(7 279)
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(4 869)
|
(4 289)
|
(4 289)
|
(1)
|
0
|
0
|
0
|
(2)
|
(4)
|
(4)
|
(3)
|
(1)
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
|
Operating Income |
9 245
N/A
|
11 730
+27%
|
12 114
+3%
|
13 492
+11%
|
13 817
+2%
|
16 041
+16%
|
13 205
-18%
|
12 737
-4%
|
12 228
-4%
|
8 803
-28%
|
8 681
-1%
|
8 000
-8%
|
8 971
+12%
|
9 551
+6%
|
10 136
+6%
|
10 364
+2%
|
11 366
+10%
|
12 073
+6%
|
12 657
+5%
|
12 771
+1%
|
12 604
-1%
|
13 596
+8%
|
7 831
-42%
|
7 850
+0%
|
5 612
-29%
|
5 381
-4%
|
2 050
-62%
|
803
-61%
|
3 774
+370%
|
6 593
+75%
|
12 373
+88%
|
14 341
+16%
|
15 485
+8%
|
15 914
+3%
|
16 290
+2%
|
18 270
+12%
|
19 541
+7%
|
19 537
0%
|
17 420
-11%
|
14 031
-19%
|
12 067
-14%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(30)
|
(478)
|
(780)
|
(749)
|
(1 209)
|
(441)
|
(192)
|
(358)
|
(634)
|
(997)
|
(2 125)
|
(2 240)
|
(1 747)
|
(1 737)
|
(627)
|
(494)
|
(809)
|
(1 093)
|
(1 318)
|
(1 301)
|
(1 560)
|
(1 379)
|
(1 506)
|
(1 779)
|
(1 446)
|
(1 041)
|
(979)
|
(780)
|
(892)
|
(930)
|
(662)
|
(740)
|
(651)
|
(606)
|
252
|
600
|
(649)
|
(1 022)
|
(1 303)
|
(1 943)
|
(1 967)
|
|
Non-Reccuring Items |
(611)
|
(747)
|
0
|
(150)
|
0
|
(1 865)
|
0
|
0
|
(2 352)
|
(560)
|
(662)
|
(816)
|
(293)
|
(175)
|
(5)
|
(114)
|
(154)
|
(1 610)
|
(1 760)
|
(2 078)
|
(2 074)
|
(5 019)
|
0
|
0
|
0
|
0
|
(31)
|
(162)
|
(221)
|
(570)
|
(484)
|
249
|
(172)
|
(562)
|
(1 047)
|
(2 124)
|
(1 775)
|
(2 358)
|
(3 302)
|
(2 859)
|
(5 238)
|
|
Gain/Loss on Disposition of Assets |
(155)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
204
|
0
|
0
|
141
|
141
|
0
|
0
|
0
|
0
|
(562)
|
(555)
|
(556)
|
(554)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
751
|
|
Total Other Income |
(102)
|
47
|
121
|
157
|
(66)
|
(721)
|
(771)
|
(923)
|
(677)
|
61
|
144
|
210
|
193
|
(192)
|
(178)
|
(303)
|
(534)
|
(306)
|
(103)
|
0
|
(78)
|
(720)
|
(732)
|
(845)
|
(657)
|
(874)
|
(1 206)
|
(1 115)
|
(1 266)
|
(174)
|
(26)
|
(190)
|
(45)
|
(101)
|
(65)
|
120
|
93
|
(119)
|
(305)
|
(205)
|
(435)
|
|
Pre-Tax Income |
8 347
N/A
|
10 552
+26%
|
11 455
+9%
|
12 750
+11%
|
12 542
-2%
|
13 014
+4%
|
12 242
-6%
|
11 456
-6%
|
8 565
-25%
|
7 307
-15%
|
6 038
-17%
|
5 154
-15%
|
7 124
+38%
|
7 651
+7%
|
9 326
+22%
|
9 453
+1%
|
10 010
+6%
|
9 205
-8%
|
9 476
+3%
|
9 392
-1%
|
8 892
-5%
|
6 478
-27%
|
5 031
-22%
|
4 671
-7%
|
2 953
-37%
|
2 912
-1%
|
(166)
N/A
|
(1 253)
-655%
|
1 397
N/A
|
4 919
+252%
|
11 201
+128%
|
13 660
+22%
|
14 617
+7%
|
14 645
+0%
|
15 430
+5%
|
16 866
+9%
|
17 210
+2%
|
16 038
-7%
|
12 510
-22%
|
9 024
-28%
|
5 178
-43%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3 836)
|
(4 374)
|
(4 325)
|
(4 792)
|
(4 307)
|
(4 159)
|
(4 257)
|
(3 790)
|
(2 935)
|
(2 893)
|
(2 650)
|
(2 499)
|
(3 019)
|
(3 118)
|
(3 666)
|
(3 923)
|
(3 683)
|
(3 579)
|
(3 684)
|
(3 245)
|
(3 437)
|
(827)
|
(347)
|
(387)
|
287
|
(2 041)
|
(1 016)
|
(764)
|
(2 063)
|
(2 430)
|
(4 390)
|
(5 189)
|
(4 993)
|
(3 698)
|
(3 540)
|
(3 768)
|
(4 141)
|
(4 075)
|
(3 510)
|
(2 431)
|
(644)
|
|
Income from Continuing Operations |
4 511
|
6 178
|
7 130
|
7 958
|
8 235
|
8 855
|
7 985
|
7 666
|
5 630
|
4 414
|
3 388
|
2 655
|
4 105
|
4 533
|
5 660
|
5 530
|
6 327
|
5 626
|
5 792
|
6 147
|
5 455
|
5 651
|
4 684
|
4 284
|
3 240
|
871
|
(1 182)
|
(2 017)
|
(666)
|
2 489
|
6 811
|
8 471
|
9 624
|
10 947
|
11 890
|
13 098
|
13 069
|
11 963
|
9 000
|
6 593
|
4 534
|
|
Income to Minority Interest |
(196)
|
(214)
|
(206)
|
(179)
|
(142)
|
(184)
|
(190)
|
(212)
|
(234)
|
(216)
|
(206)
|
(190)
|
(222)
|
(138)
|
(148)
|
97
|
134
|
402
|
394
|
163
|
146
|
897
|
995
|
1 011
|
1 044
|
64
|
12
|
20
|
26
|
(113)
|
(131)
|
(174)
|
(174)
|
(247)
|
(221)
|
(250)
|
(262)
|
(156)
|
(185)
|
(209)
|
(232)
|
|
Net Income (Common) |
4 314
N/A
|
5 963
+38%
|
6 923
+16%
|
7 779
+12%
|
8 093
+4%
|
8 670
+7%
|
7 794
-10%
|
7 453
-4%
|
5 393
-28%
|
4 197
-22%
|
3 181
-24%
|
2 465
-23%
|
3 883
+58%
|
4 395
+13%
|
5 512
+25%
|
5 628
+2%
|
6 463
+15%
|
6 028
-7%
|
6 186
+3%
|
6 307
+2%
|
5 600
-11%
|
6 548
+17%
|
5 681
-13%
|
5 297
-7%
|
4 284
-19%
|
935
-78%
|
(1 172)
N/A
|
(1 997)
-70%
|
(641)
+68%
|
2 376
N/A
|
6 681
+181%
|
8 296
+24%
|
9 450
+14%
|
10 699
+13%
|
11 666
+9%
|
12 848
+10%
|
12 806
0%
|
11 806
-8%
|
8 817
-25%
|
6 383
-28%
|
4 300
-33%
|
|
EPS (Diluted) |
39.94
N/A
|
55.21
+38%
|
64.1
+16%
|
72.02
+12%
|
74.92
+4%
|
80.27
+7%
|
72.15
-10%
|
69
-4%
|
49.93
-28%
|
38.97
-22%
|
30
-23%
|
23.25
-23%
|
36.63
+58%
|
41.46
+13%
|
52
+25%
|
53.09
+2%
|
60.97
+15%
|
56.86
-7%
|
58.35
+3%
|
59.49
+2%
|
52.82
-11%
|
61.75
+17%
|
53.56
-13%
|
50.18
-6%
|
40.71
-19%
|
8.86
-78%
|
-11.14
N/A
|
-18.99
-70%
|
-6.1
+68%
|
22.59
N/A
|
63.52
+181%
|
78.87
+24%
|
89.83
+14%
|
101.68
+13%
|
110.86
+9%
|
122.04
+10%
|
121.62
0%
|
112.15
-8%
|
83.74
-25%
|
60.56
-28%
|
40.83
-33%
|