Lec Inc
TSE:7874
Income Statement
Earnings Waterfall
Lec Inc
Revenue
|
59.9B
JPY
|
Cost of Revenue
|
-43.8B
JPY
|
Gross Profit
|
16.2B
JPY
|
Operating Expenses
|
-14.5B
JPY
|
Operating Income
|
1.6B
JPY
|
Other Expenses
|
-921m
JPY
|
Net Income
|
719m
JPY
|
Income Statement
Lec 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 |
26 517
N/A
|
27 723
+5%
|
28 075
+1%
|
28 791
+3%
|
29 488
+2%
|
29 315
-1%
|
29 928
+2%
|
31 414
+5%
|
32 256
+3%
|
33 911
+5%
|
35 474
+5%
|
35 520
+0%
|
36 297
+2%
|
36 985
+2%
|
37 141
+0%
|
38 118
+3%
|
39 283
+3%
|
39 214
0%
|
40 021
+2%
|
40 412
+1%
|
40 897
+1%
|
42 162
+3%
|
43 378
+3%
|
45 249
+4%
|
45 951
+2%
|
48 211
+5%
|
49 856
+3%
|
50 444
+1%
|
50 938
+1%
|
49 684
-2%
|
49 959
+1%
|
50 002
+0%
|
50 440
+1%
|
51 423
+2%
|
51 510
+0%
|
52 361
+2%
|
54 101
+3%
|
55 461
+3%
|
56 969
+3%
|
58 330
+2%
|
59 922
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(18 620)
|
(20 001)
|
(20 463)
|
(21 058)
|
(21 680)
|
(21 462)
|
(21 988)
|
(23 229)
|
(23 744)
|
(24 924)
|
(25 892)
|
(24 999)
|
(24 737)
|
(24 494)
|
(24 110)
|
(24 858)
|
(25 597)
|
(25 598)
|
(26 028)
|
(26 384)
|
(26 651)
|
(27 293)
|
(28 203)
|
(29 363)
|
(30 251)
|
(31 996)
|
(32 500)
|
(32 415)
|
(32 443)
|
(31 458)
|
(32 041)
|
(32 574)
|
(33 264)
|
(34 702)
|
(35 428)
|
(36 665)
|
(39 379)
|
(40 864)
|
(42 391)
|
(43 658)
|
(43 762)
|
|
Gross Profit |
7 897
N/A
|
7 722
-2%
|
7 612
-1%
|
7 733
+2%
|
7 808
+1%
|
7 853
+1%
|
7 940
+1%
|
8 185
+3%
|
8 512
+4%
|
8 987
+6%
|
9 582
+7%
|
10 521
+10%
|
11 560
+10%
|
12 491
+8%
|
13 031
+4%
|
13 260
+2%
|
13 686
+3%
|
13 616
-1%
|
13 993
+3%
|
14 028
+0%
|
14 246
+2%
|
14 869
+4%
|
15 175
+2%
|
15 886
+5%
|
15 700
-1%
|
16 215
+3%
|
17 356
+7%
|
18 029
+4%
|
18 495
+3%
|
18 226
-1%
|
17 918
-2%
|
17 428
-3%
|
17 176
-1%
|
16 721
-3%
|
16 082
-4%
|
15 696
-2%
|
14 722
-6%
|
14 597
-1%
|
14 578
0%
|
14 672
+1%
|
16 160
+10%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(7 867)
|
(7 816)
|
(7 811)
|
(7 631)
|
(7 566)
|
(7 593)
|
(7 626)
|
(7 748)
|
(7 855)
|
(8 169)
|
(8 343)
|
(8 511)
|
(8 564)
|
(8 818)
|
(8 924)
|
(9 141)
|
(9 614)
|
(9 610)
|
(9 863)
|
(10 191)
|
(10 429)
|
(10 759)
|
(11 263)
|
(11 426)
|
(11 616)
|
(12 086)
|
(12 320)
|
(12 626)
|
(12 844)
|
(12 949)
|
(13 211)
|
(13 238)
|
(13 313)
|
(13 515)
|
(13 348)
|
(13 545)
|
(13 732)
|
(13 686)
|
(13 889)
|
(14 210)
|
(14 520)
|
|
Selling, General & Administrative |
(7 944)
|
(7 641)
|
(7 887)
|
(7 706)
|
(7 623)
|
(7 355)
|
(7 644)
|
(7 748)
|
(7 854)
|
(8 168)
|
(8 342)
|
(8 509)
|
(8 564)
|
(8 817)
|
(8 923)
|
(9 140)
|
(9 613)
|
(9 609)
|
(9 862)
|
(10 190)
|
(10 428)
|
(10 758)
|
(11 262)
|
(11 424)
|
(11 614)
|
(12 085)
|
(12 320)
|
(12 626)
|
(12 844)
|
(12 948)
|
(13 210)
|
(13 236)
|
(13 311)
|
(13 513)
|
(13 345)
|
(13 544)
|
(13 730)
|
(13 686)
|
(13 888)
|
(14 210)
|
(14 521)
|
|
Depreciation & Amortization |
76
|
(175)
|
76
|
76
|
57
|
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 |
1
|
0
|
0
|
(1)
|
0
|
(238)
|
18
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
(2)
|
(2)
|
(2)
|
(3)
|
(1)
|
0
|
0
|
(1)
|
0
|
1
|
|
Operating Income |
30
N/A
|
(94)
N/A
|
(199)
-112%
|
102
N/A
|
242
+137%
|
260
+7%
|
314
+21%
|
437
+39%
|
657
+50%
|
818
+25%
|
1 239
+51%
|
2 010
+62%
|
2 996
+49%
|
3 673
+23%
|
4 107
+12%
|
4 119
+0%
|
4 072
-1%
|
4 006
-2%
|
4 130
+3%
|
3 837
-7%
|
3 817
-1%
|
4 110
+8%
|
3 912
-5%
|
4 460
+14%
|
4 084
-8%
|
4 129
+1%
|
5 036
+22%
|
5 403
+7%
|
5 651
+5%
|
5 277
-7%
|
4 707
-11%
|
4 190
-11%
|
3 863
-8%
|
3 206
-17%
|
2 734
-15%
|
2 151
-21%
|
990
-54%
|
911
-8%
|
689
-24%
|
462
-33%
|
1 640
+255%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
206
|
319
|
362
|
400
|
441
|
437
|
428
|
385
|
300
|
211
|
302
|
230
|
132
|
128
|
(60)
|
(62)
|
34
|
55
|
(12)
|
(43)
|
(52)
|
(97)
|
11
|
26
|
0
|
(69)
|
(129)
|
258
|
299
|
296
|
341
|
(43)
|
(107)
|
(75)
|
72
|
21
|
189
|
220
|
29
|
122
|
(65)
|
|
Non-Reccuring Items |
705
|
58
|
(137)
|
67
|
59
|
(46)
|
129
|
(208)
|
(503)
|
(485)
|
(639)
|
(384)
|
(282)
|
(520)
|
(351)
|
(683)
|
(790)
|
(410)
|
(402)
|
(61)
|
(46)
|
(21)
|
(21)
|
(20)
|
(60)
|
(290)
|
(290)
|
(1 192)
|
(1 261)
|
(363)
|
(367)
|
539
|
641
|
225
|
659
|
791
|
790
|
465
|
35
|
(97)
|
(112)
|
|
Gain/Loss on Disposition of Assets |
0
|
(15)
|
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
|
|
Total Other Income |
(12)
|
46
|
(190)
|
(169)
|
(160)
|
101
|
93
|
70
|
86
|
44
|
17
|
12
|
(5)
|
20
|
52
|
84
|
100
|
126
|
153
|
172
|
226
|
185
|
195
|
216
|
177
|
190
|
166
|
190
|
172
|
198
|
216
|
166
|
186
|
174
|
156
|
163
|
172
|
200
|
258
|
238
|
228
|
|
Pre-Tax Income |
929
N/A
|
314
-66%
|
(164)
N/A
|
400
N/A
|
582
+46%
|
752
+29%
|
964
+28%
|
684
-29%
|
540
-21%
|
588
+9%
|
919
+56%
|
1 868
+103%
|
2 841
+52%
|
3 301
+16%
|
3 748
+14%
|
3 458
-8%
|
3 416
-1%
|
3 777
+11%
|
3 869
+2%
|
3 905
+1%
|
3 945
+1%
|
4 177
+6%
|
4 097
-2%
|
4 682
+14%
|
4 201
-10%
|
3 960
-6%
|
4 783
+21%
|
4 659
-3%
|
4 861
+4%
|
5 408
+11%
|
4 897
-9%
|
4 852
-1%
|
4 583
-6%
|
3 530
-23%
|
3 621
+3%
|
3 126
-14%
|
2 141
-32%
|
1 796
-16%
|
1 011
-44%
|
725
-28%
|
1 691
+133%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(561)
|
(384)
|
(193)
|
(411)
|
(429)
|
(491)
|
(519)
|
(427)
|
(331)
|
21
|
(68)
|
(341)
|
(596)
|
(1 118)
|
(1 173)
|
(1 172)
|
(1 134)
|
(1 062)
|
(1 137)
|
(1 015)
|
(1 003)
|
(1 071)
|
(1 055)
|
(1 170)
|
(1 120)
|
(1 251)
|
(1 509)
|
(1 583)
|
(1 093)
|
(1 037)
|
(1 010)
|
(946)
|
(1 543)
|
(1 145)
|
(1 036)
|
(968)
|
(560)
|
(712)
|
(525)
|
(427)
|
(785)
|
|
Income from Continuing Operations |
368
|
(70)
|
(357)
|
(11)
|
153
|
261
|
445
|
257
|
209
|
609
|
851
|
1 527
|
2 245
|
2 183
|
2 575
|
2 286
|
2 282
|
2 715
|
2 732
|
2 890
|
2 942
|
3 106
|
3 042
|
3 512
|
3 081
|
2 709
|
3 274
|
3 076
|
3 768
|
4 371
|
3 887
|
3 906
|
3 040
|
2 385
|
2 585
|
2 158
|
1 581
|
1 084
|
486
|
298
|
906
|
|
Income to Minority Interest |
(25)
|
(4)
|
(1)
|
6
|
(4)
|
(7)
|
(19)
|
(17)
|
0
|
(12)
|
(13)
|
(30)
|
(49)
|
(46)
|
(67)
|
(90)
|
(146)
|
(144)
|
(194)
|
(189)
|
(172)
|
(190)
|
(161)
|
(185)
|
(187)
|
(188)
|
(236)
|
(234)
|
(222)
|
(202)
|
(172)
|
(132)
|
(98)
|
(102)
|
(81)
|
(99)
|
(118)
|
(141)
|
(142)
|
(171)
|
(186)
|
|
Net Income (Common) |
342
N/A
|
(74)
N/A
|
(357)
-382%
|
(4)
+99%
|
149
N/A
|
254
+70%
|
425
+67%
|
239
-44%
|
209
-13%
|
598
+186%
|
837
+40%
|
1 497
+79%
|
2 196
+47%
|
2 137
-3%
|
2 508
+17%
|
2 196
-12%
|
2 137
-3%
|
2 570
+20%
|
2 536
-1%
|
2 700
+6%
|
2 769
+3%
|
2 915
+5%
|
2 881
-1%
|
3 326
+15%
|
2 894
-13%
|
2 519
-13%
|
3 035
+20%
|
2 840
-6%
|
3 544
+25%
|
4 168
+18%
|
3 715
-11%
|
3 773
+2%
|
2 940
-22%
|
2 282
-22%
|
2 504
+10%
|
2 058
-18%
|
1 462
-29%
|
942
-36%
|
342
-64%
|
126
-63%
|
719
+471%
|
|
EPS (Diluted) |
9.77
N/A
|
-2.1
N/A
|
-10.19
-385%
|
-0.11
+99%
|
4.25
N/A
|
7.22
+70%
|
12.14
+68%
|
6.82
-44%
|
5.97
-12%
|
16.99
+185%
|
23.91
+41%
|
42.77
+79%
|
61
+43%
|
60.26
-1%
|
69.66
+16%
|
61
-12%
|
59.36
-3%
|
71.94
+21%
|
70.44
-2%
|
75
+6%
|
78.46
+5%
|
81.39
+4%
|
80.4
-1%
|
92.82
+15%
|
80.77
-13%
|
70.31
-13%
|
87.45
+24%
|
82.32
-6%
|
102.4
+24%
|
120.45
+18%
|
107.33
-11%
|
109.81
+2%
|
84.45
-23%
|
65.7
-22%
|
71.92
+9%
|
59.01
-18%
|
42.17
-29%
|
26.98
-36%
|
9.77
-64%
|
3.59
-63%
|
20.42
+469%
|