Pilot Corp
TSE:7846
Income Statement
Earnings Waterfall
Pilot Corp
Revenue
|
118.6B
JPY
|
Cost of Revenue
|
-56.7B
JPY
|
Gross Profit
|
61.9B
JPY
|
Operating Expenses
|
-42.9B
JPY
|
Operating Income
|
19B
JPY
|
Other Expenses
|
-5.3B
JPY
|
Net Income
|
13.7B
JPY
|
Income Statement
Pilot 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 |
82 564
N/A
|
86 041
+4%
|
87 943
+2%
|
88 768
+1%
|
90 268
+2%
|
91 528
+1%
|
94 740
+4%
|
97 520
+3%
|
99 164
+2%
|
99 717
+1%
|
99 700
0%
|
98 598
-1%
|
98 350
0%
|
98 613
+0%
|
99 547
+1%
|
101 545
+2%
|
104 117
+3%
|
104 668
+1%
|
105 295
+1%
|
104 974
0%
|
104 038
-1%
|
103 382
-1%
|
103 561
+0%
|
103 709
+0%
|
103 714
+0%
|
102 706
-1%
|
95 228
-7%
|
91 125
-4%
|
87 096
-4%
|
87 571
+1%
|
94 167
+8%
|
99 093
+5%
|
103 057
+4%
|
106 492
+3%
|
110 110
+3%
|
111 451
+1%
|
112 850
+1%
|
114 028
+1%
|
116 773
+2%
|
116 995
+0%
|
118 590
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(43 408)
|
(44 202)
|
(43 827)
|
(43 516)
|
(44 936)
|
(45 564)
|
(46 621)
|
(47 803)
|
(47 397)
|
(47 012)
|
(46 662)
|
(45 916)
|
(45 580)
|
(46 394)
|
(47 551)
|
(48 824)
|
(50 055)
|
(49 413)
|
(48 815)
|
(48 272)
|
(47 622)
|
(47 815)
|
(48 164)
|
(48 622)
|
(48 813)
|
(48 217)
|
(45 231)
|
(43 170)
|
(41 858)
|
(42 712)
|
(45 750)
|
(47 783)
|
(48 864)
|
(50 030)
|
(51 777)
|
(52 873)
|
(52 738)
|
(52 856)
|
(54 247)
|
(54 767)
|
(56 712)
|
|
Gross Profit |
39 156
N/A
|
41 839
+7%
|
44 116
+5%
|
45 252
+3%
|
45 332
+0%
|
45 964
+1%
|
48 119
+5%
|
49 717
+3%
|
51 767
+4%
|
52 705
+2%
|
53 038
+1%
|
52 682
-1%
|
52 770
+0%
|
52 219
-1%
|
51 996
0%
|
52 721
+1%
|
54 062
+3%
|
55 255
+2%
|
56 480
+2%
|
56 702
+0%
|
56 416
-1%
|
55 567
-2%
|
55 397
0%
|
55 087
-1%
|
54 901
0%
|
54 489
-1%
|
49 997
-8%
|
47 955
-4%
|
45 238
-6%
|
44 859
-1%
|
48 417
+8%
|
51 310
+6%
|
54 193
+6%
|
56 462
+4%
|
58 333
+3%
|
58 578
+0%
|
60 112
+3%
|
61 172
+2%
|
62 526
+2%
|
62 228
0%
|
61 878
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(29 388)
|
(30 212)
|
(30 805)
|
(31 124)
|
(30 942)
|
(31 063)
|
(31 166)
|
(31 516)
|
(32 335)
|
(32 088)
|
(31 988)
|
(31 752)
|
(31 638)
|
(32 106)
|
(32 534)
|
(33 314)
|
(33 969)
|
(34 392)
|
(34 631)
|
(34 981)
|
(35 365)
|
(35 405)
|
(35 993)
|
(36 010)
|
(35 641)
|
(35 291)
|
(33 279)
|
(31 873)
|
(30 978)
|
(30 744)
|
(32 085)
|
(33 088)
|
(34 749)
|
(35 900)
|
(36 918)
|
(38 086)
|
(38 868)
|
(39 683)
|
(40 956)
|
(41 895)
|
(42 875)
|
|
Selling, General & Administrative |
(29 506)
|
(30 330)
|
(30 923)
|
(31 240)
|
(29 030)
|
(31 182)
|
(31 284)
|
(31 635)
|
(30 158)
|
(32 205)
|
(32 105)
|
(31 869)
|
(29 563)
|
(32 224)
|
(32 651)
|
(33 431)
|
(31 926)
|
(34 509)
|
(34 751)
|
(35 100)
|
(33 297)
|
(35 524)
|
(36 111)
|
(36 128)
|
(33 229)
|
(35 410)
|
(33 398)
|
(31 991)
|
(28 484)
|
(30 863)
|
(32 202)
|
(33 208)
|
(32 055)
|
(35 990)
|
(36 978)
|
(38 114)
|
(35 767)
|
(39 681)
|
(40 955)
|
(41 895)
|
(42 875)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(1 306)
|
0
|
0
|
0
|
(1 468)
|
0
|
0
|
0
|
(1 407)
|
0
|
0
|
0
|
(1 349)
|
0
|
0
|
0
|
(1 395)
|
0
|
0
|
0
|
(1 434)
|
0
|
0
|
0
|
(1 467)
|
0
|
0
|
0
|
(1 649)
|
0
|
0
|
0
|
(1 851)
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
119
|
119
|
119
|
119
|
(605)
|
119
|
119
|
119
|
(707)
|
119
|
119
|
119
|
(666)
|
119
|
119
|
119
|
(694)
|
119
|
119
|
119
|
(673)
|
119
|
119
|
119
|
(977)
|
119
|
119
|
119
|
(1 027)
|
119
|
119
|
119
|
(1 044)
|
0
|
0
|
0
|
(1 249)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
(1)
|
(1)
|
(3)
|
(1)
|
0
|
(1)
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
(2)
|
(2)
|
0
|
(2)
|
1
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
0
|
0
|
(2)
|
1
|
(1)
|
90
|
60
|
28
|
(1)
|
(2)
|
(1)
|
0
|
0
|
|
Operating Income |
9 768
N/A
|
11 627
+19%
|
13 311
+14%
|
14 128
+6%
|
14 390
+2%
|
14 901
+4%
|
16 953
+14%
|
18 201
+7%
|
19 432
+7%
|
20 617
+6%
|
21 050
+2%
|
20 930
-1%
|
21 132
+1%
|
20 113
-5%
|
19 462
-3%
|
19 407
0%
|
20 093
+4%
|
20 863
+4%
|
21 849
+5%
|
21 721
-1%
|
21 051
-3%
|
20 162
-4%
|
19 404
-4%
|
19 077
-2%
|
19 260
+1%
|
19 198
0%
|
16 718
-13%
|
16 082
-4%
|
14 260
-11%
|
14 115
-1%
|
16 332
+16%
|
18 222
+12%
|
19 444
+7%
|
20 562
+6%
|
21 415
+4%
|
20 492
-4%
|
21 244
+4%
|
21 489
+1%
|
21 570
+0%
|
20 333
-6%
|
19 003
-7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(24)
|
92
|
(24)
|
326
|
768
|
487
|
709
|
147
|
255
|
(245)
|
(879)
|
(678)
|
(252)
|
(35)
|
484
|
662
|
349
|
(52)
|
255
|
228
|
219
|
208
|
(513)
|
(750)
|
(240)
|
(604)
|
(271)
|
(188)
|
(279)
|
206
|
455
|
528
|
746
|
1 114
|
2 149
|
2 405
|
1 187
|
1 106
|
1 432
|
1 525
|
1 857
|
|
Non-Reccuring Items |
(693)
|
(717)
|
(719)
|
(655)
|
(215)
|
(235)
|
(229)
|
(214)
|
(685)
|
(641)
|
(641)
|
(726)
|
(129)
|
(132)
|
1 333
|
1 422
|
1 486
|
1 532
|
61
|
(302)
|
(338)
|
(353)
|
(545)
|
(161)
|
(43)
|
(489)
|
(262)
|
(297)
|
(550)
|
(86)
|
(210)
|
(199)
|
125
|
121
|
215
|
186
|
(487)
|
(298)
|
(307)
|
(388)
|
(1 273)
|
|
Gain/Loss on Disposition of Assets |
15
|
39
|
42
|
46
|
99
|
73
|
84
|
85
|
28
|
39
|
102
|
95
|
126
|
120
|
39
|
56
|
24
|
20
|
22
|
23
|
27
|
28
|
33
|
24
|
20
|
25
|
367
|
523
|
518
|
517
|
172
|
9
|
14
|
23
|
20
|
22
|
492
|
501
|
511
|
522
|
386
|
|
Total Other Income |
(243)
|
(210)
|
(67)
|
(64)
|
(381)
|
(109)
|
(85)
|
(99)
|
(406)
|
14
|
(127)
|
(6)
|
173
|
187
|
359
|
408
|
156
|
287
|
419
|
404
|
135
|
404
|
338
|
302
|
206
|
413
|
303
|
380
|
374
|
343
|
296
|
257
|
172
|
183
|
195
|
206
|
202
|
224
|
227
|
274
|
266
|
|
Pre-Tax Income |
8 823
N/A
|
10 831
+23%
|
12 543
+16%
|
13 781
+10%
|
14 661
+6%
|
15 117
+3%
|
17 432
+15%
|
18 120
+4%
|
18 624
+3%
|
19 784
+6%
|
19 505
-1%
|
19 615
+1%
|
21 050
+7%
|
20 253
-4%
|
21 677
+7%
|
21 955
+1%
|
22 108
+1%
|
22 650
+2%
|
22 606
0%
|
22 074
-2%
|
21 094
-4%
|
20 449
-3%
|
18 717
-8%
|
18 492
-1%
|
19 203
+4%
|
18 543
-3%
|
16 855
-9%
|
16 500
-2%
|
14 323
-13%
|
15 095
+5%
|
17 045
+13%
|
18 817
+10%
|
20 501
+9%
|
22 003
+7%
|
23 994
+9%
|
23 311
-3%
|
22 638
-3%
|
23 022
+2%
|
23 433
+2%
|
22 266
-5%
|
20 239
-9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3 314)
|
(3 882)
|
(4 487)
|
(4 946)
|
(5 667)
|
(6 047)
|
(6 668)
|
(6 854)
|
(6 529)
|
(6 730)
|
(6 588)
|
(6 434)
|
(6 539)
|
(6 171)
|
(6 193)
|
(6 298)
|
(6 536)
|
(6 570)
|
(6 902)
|
(6 768)
|
(6 433)
|
(6 235)
|
(5 822)
|
(5 738)
|
(5 884)
|
(5 817)
|
(5 129)
|
(4 921)
|
(4 147)
|
(4 244)
|
(4 904)
|
(5 525)
|
(6 142)
|
(6 920)
|
(7 302)
|
(6 907)
|
(6 782)
|
(6 932)
|
(7 209)
|
(7 052)
|
(6 480)
|
|
Income from Continuing Operations |
5 509
|
6 949
|
8 056
|
8 835
|
8 994
|
9 070
|
10 764
|
11 266
|
12 095
|
13 054
|
12 917
|
13 181
|
14 511
|
14 082
|
15 484
|
15 657
|
15 572
|
16 080
|
15 704
|
15 306
|
14 661
|
14 214
|
12 895
|
12 754
|
13 319
|
12 726
|
11 726
|
11 579
|
10 176
|
10 851
|
12 141
|
13 292
|
14 359
|
15 083
|
16 692
|
16 404
|
15 856
|
16 090
|
16 224
|
15 214
|
13 759
|
|
Income to Minority Interest |
(55)
|
(51)
|
(71)
|
(78)
|
(65)
|
(75)
|
(77)
|
(63)
|
(86)
|
(87)
|
(67)
|
(78)
|
(56)
|
(78)
|
(77)
|
(65)
|
(73)
|
(77)
|
(69)
|
(68)
|
(72)
|
(55)
|
(53)
|
(54)
|
(41)
|
(28)
|
(160)
|
(245)
|
(242)
|
(275)
|
(163)
|
(97)
|
(88)
|
(112)
|
(102)
|
(99)
|
(82)
|
(58)
|
(66)
|
(55)
|
(97)
|
|
Net Income (Common) |
5 453
N/A
|
6 896
+26%
|
7 985
+16%
|
8 755
+10%
|
8 928
+2%
|
8 996
+1%
|
10 686
+19%
|
11 203
+5%
|
12 009
+7%
|
12 966
+8%
|
12 849
-1%
|
13 103
+2%
|
14 454
+10%
|
14 003
-3%
|
15 406
+10%
|
15 591
+1%
|
15 497
-1%
|
16 001
+3%
|
15 633
-2%
|
15 236
-3%
|
14 589
-4%
|
14 159
-3%
|
12 842
-9%
|
12 700
-1%
|
13 277
+5%
|
12 697
-4%
|
11 564
-9%
|
11 333
-2%
|
9 933
-12%
|
10 575
+6%
|
11 977
+13%
|
13 195
+10%
|
14 270
+8%
|
14 969
+5%
|
16 590
+11%
|
16 303
-2%
|
15 773
-3%
|
16 032
+2%
|
16 156
+1%
|
15 158
-6%
|
13 661
-10%
|
|
EPS (Diluted) |
237.08
N/A
|
149.91
-37%
|
173.58
+16%
|
190.32
+10%
|
194.08
+2%
|
391.13
+102%
|
232.3
-41%
|
243.54
+5%
|
258.81
+6%
|
281.86
+9%
|
273.38
-3%
|
278.78
+2%
|
309.87
+11%
|
297.93
-4%
|
342.35
+15%
|
389.77
+14%
|
361.7
-7%
|
410.28
+13%
|
400.84
-2%
|
390.66
-3%
|
369.88
-5%
|
358.98
-3%
|
325.59
-9%
|
321.98
-1%
|
336.61
+5%
|
321.91
-4%
|
293.18
-9%
|
287.33
-2%
|
251.83
-12%
|
268.11
+6%
|
303.65
+13%
|
334.53
+10%
|
361.79
+8%
|
379.51
+5%
|
420.55
+11%
|
413.3
-2%
|
399.85
-3%
|
406.41
+2%
|
409.55
+1%
|
384.24
-6%
|
346.29
-10%
|