Descente Ltd
TSE:8114
Income Statement
Earnings Waterfall
Descente Ltd
Revenue
|
124.6B
JPY
|
Cost of Revenue
|
-51B
JPY
|
Gross Profit
|
73.7B
JPY
|
Operating Expenses
|
-66.7B
JPY
|
Operating Income
|
6.9B
JPY
|
Other Expenses
|
1.8B
JPY
|
Net Income
|
8.7B
JPY
|
Income Statement
Descente Ltd
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 |
102 948
N/A
|
109 944
+7%
|
113 233
+3%
|
116 891
+3%
|
120 348
+3%
|
123 128
+2%
|
128 708
+5%
|
130 934
+2%
|
133 621
+2%
|
135 778
+2%
|
134 724
-1%
|
133 366
-1%
|
131 800
-1%
|
131 543
0%
|
133 788
+2%
|
134 974
+1%
|
137 591
+2%
|
141 124
+3%
|
141 720
+0%
|
141 933
+0%
|
143 141
+1%
|
142 443
0%
|
141 146
-1%
|
141 601
+0%
|
134 396
-5%
|
124 561
-7%
|
110 635
-11%
|
101 532
-8%
|
98 331
-3%
|
96 862
-1%
|
103 790
+7%
|
103 891
+0%
|
106 905
+3%
|
108 892
+2%
|
112 836
+4%
|
116 176
+3%
|
118 310
+2%
|
120 614
+2%
|
121 351
+1%
|
123 389
+2%
|
124 615
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(49 840)
|
(52 884)
|
(53 985)
|
(54 619)
|
(55 769)
|
(55 465)
|
(57 388)
|
(57 659)
|
(57 868)
|
(59 412)
|
(58 574)
|
(59 156)
|
(58 379)
|
(58 316)
|
(59 722)
|
(60 493)
|
(62 080)
|
(62 803)
|
(63 043)
|
(62 559)
|
(63 030)
|
(62 915)
|
(61 979)
|
(62 070)
|
(59 485)
|
(56 580)
|
(51 522)
|
(48 014)
|
(46 376)
|
(45 851)
|
(47 921)
|
(47 150)
|
(47 777)
|
(48 313)
|
(49 929)
|
(51 017)
|
(51 556)
|
(51 425)
|
(51 237)
|
(51 578)
|
(50 965)
|
|
Gross Profit |
53 108
N/A
|
57 060
+7%
|
59 248
+4%
|
62 272
+5%
|
64 579
+4%
|
67 663
+5%
|
71 320
+5%
|
73 275
+3%
|
75 753
+3%
|
76 366
+1%
|
76 150
0%
|
74 210
-3%
|
73 421
-1%
|
73 227
0%
|
74 066
+1%
|
74 481
+1%
|
75 511
+1%
|
78 321
+4%
|
78 677
+0%
|
79 374
+1%
|
80 111
+1%
|
79 528
-1%
|
79 167
0%
|
79 531
+0%
|
74 911
-6%
|
67 981
-9%
|
59 113
-13%
|
53 518
-9%
|
51 955
-3%
|
51 011
-2%
|
55 869
+10%
|
56 741
+2%
|
59 128
+4%
|
60 579
+2%
|
62 907
+4%
|
65 159
+4%
|
66 754
+2%
|
69 189
+4%
|
70 114
+1%
|
71 811
+2%
|
73 650
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(47 564)
|
(50 789)
|
(52 970)
|
(54 818)
|
(56 596)
|
(58 527)
|
(60 693)
|
(62 726)
|
(64 475)
|
(65 990)
|
(65 701)
|
(65 479)
|
(64 951)
|
(64 809)
|
(65 979)
|
(66 102)
|
(67 087)
|
(68 725)
|
(68 947)
|
(70 304)
|
(71 395)
|
(71 593)
|
(71 897)
|
(71 831)
|
(69 962)
|
(67 602)
|
(62 344)
|
(58 226)
|
(55 709)
|
(52 817)
|
(53 484)
|
(53 384)
|
(54 100)
|
(55 441)
|
(56 270)
|
(57 840)
|
(58 696)
|
(61 396)
|
(62 901)
|
(64 762)
|
(66 723)
|
|
Selling, General & Administrative |
(47 707)
|
(50 589)
|
(52 501)
|
(54 087)
|
(55 889)
|
(57 908)
|
(60 530)
|
(62 652)
|
(64 495)
|
(65 935)
|
(65 685)
|
(65 380)
|
(65 001)
|
(65 013)
|
(65 941)
|
(66 223)
|
(67 046)
|
(68 825)
|
(69 114)
|
(70 453)
|
(71 414)
|
(70 825)
|
(71 991)
|
(71 722)
|
(69 948)
|
(65 977)
|
(62 539)
|
(58 582)
|
(56 072)
|
(51 299)
|
(53 197)
|
(53 208)
|
(54 108)
|
(53 934)
|
(56 269)
|
(57 839)
|
(58 694)
|
(59 679)
|
(62 900)
|
(64 760)
|
(66 722)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(733)
|
0
|
0
|
0
|
(1 670)
|
0
|
0
|
0
|
(1 486)
|
0
|
0
|
0
|
(1 506)
|
0
|
0
|
0
|
(1 624)
|
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
|
(92)
|
0
|
0
|
0
|
|
Other Operating Expenses |
143
|
(200)
|
(469)
|
(731)
|
(707)
|
(619)
|
(163)
|
(74)
|
20
|
(55)
|
(16)
|
(99)
|
50
|
204
|
(38)
|
121
|
(41)
|
100
|
167
|
149
|
19
|
(35)
|
94
|
(109)
|
(14)
|
45
|
195
|
356
|
363
|
(32)
|
(287)
|
(176)
|
8
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
|
Operating Income |
5 544
N/A
|
6 271
+13%
|
6 278
+0%
|
7 454
+19%
|
7 983
+7%
|
9 136
+14%
|
10 627
+16%
|
10 549
-1%
|
11 278
+7%
|
10 376
-8%
|
10 449
+1%
|
8 731
-16%
|
8 470
-3%
|
8 418
-1%
|
8 087
-4%
|
8 379
+4%
|
8 424
+1%
|
9 596
+14%
|
9 730
+1%
|
9 070
-7%
|
8 716
-4%
|
7 935
-9%
|
7 270
-8%
|
7 700
+6%
|
4 949
-36%
|
379
-92%
|
(3 231)
N/A
|
(4 708)
-46%
|
(3 754)
+20%
|
(1 806)
+52%
|
2 385
N/A
|
3 357
+41%
|
5 028
+50%
|
5 138
+2%
|
6 637
+29%
|
7 319
+10%
|
8 058
+10%
|
7 793
-3%
|
7 213
-7%
|
7 049
-2%
|
6 927
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
82
|
194
|
131
|
216
|
187
|
209
|
146
|
(78)
|
(56)
|
507
|
386
|
640
|
710
|
141
|
329
|
239
|
82
|
431
|
1
|
265
|
256
|
449
|
425
|
304
|
459
|
300
|
595
|
606
|
758
|
1 999
|
2 122
|
2 829
|
2 670
|
2 324
|
2 492
|
2 772
|
3 903
|
3 771
|
5 619
|
5 729
|
5 844
|
|
Non-Reccuring Items |
(15)
|
(69)
|
(79)
|
(88)
|
(82)
|
(361)
|
(340)
|
(339)
|
(357)
|
(59)
|
(79)
|
(81)
|
(103)
|
(205)
|
(190)
|
(179)
|
(166)
|
(1 557)
|
(1 192)
|
(1 225)
|
(2 009)
|
(2 890)
|
(2 863)
|
(2 853)
|
(2 061)
|
(1 205)
|
(1 206)
|
(1 318)
|
5 063
|
4 372
|
4 228
|
4 286
|
(2 094)
|
(417)
|
(283)
|
(205)
|
1 798
|
1 225
|
880
|
757
|
(1 303)
|
|
Gain/Loss on Disposition of Assets |
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
|
(607)
|
0
|
0
|
0
|
561
|
48
|
48
|
1 867
|
2 057
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
284
|
247
|
378
|
358
|
394
|
261
|
442
|
462
|
400
|
377
|
374
|
393
|
309
|
179
|
(31)
|
(145)
|
(48)
|
136
|
195
|
211
|
211
|
189
|
232
|
219
|
193
|
(51)
|
(664)
|
(409)
|
356
|
439
|
1 138
|
776
|
35
|
198
|
2 312
|
2 289
|
479
|
182
|
98
|
273
|
230
|
|
Pre-Tax Income |
5 895
N/A
|
6 643
+13%
|
6 708
+1%
|
7 940
+18%
|
8 482
+7%
|
9 245
+9%
|
10 875
+18%
|
10 594
-3%
|
11 265
+6%
|
11 201
-1%
|
11 130
-1%
|
9 683
-13%
|
9 386
-3%
|
8 533
-9%
|
8 195
-4%
|
8 294
+1%
|
8 292
0%
|
8 606
+4%
|
8 734
+1%
|
8 321
-5%
|
7 174
-14%
|
5 683
-21%
|
5 064
-11%
|
5 370
+6%
|
3 540
-34%
|
(1 184)
N/A
|
(4 506)
-281%
|
(5 829)
-29%
|
2 423
N/A
|
5 565
+130%
|
9 921
+78%
|
11 296
+14%
|
7 506
-34%
|
9 300
+24%
|
11 158
+20%
|
12 175
+9%
|
14 238
+17%
|
12 971
-9%
|
13 810
+6%
|
13 808
0%
|
11 698
-15%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 982)
|
(2 173)
|
(2 151)
|
(2 507)
|
(2 611)
|
(2 681)
|
(3 210)
|
(3 084)
|
(3 071)
|
(3 330)
|
(3 379)
|
(2 855)
|
(3 110)
|
(2 882)
|
(2 825)
|
(2 881)
|
(2 986)
|
(2 834)
|
(2 750)
|
(2 699)
|
(2 400)
|
(1 738)
|
(1 740)
|
(1 505)
|
(658)
|
(1 296)
|
(347)
|
(128)
|
(1 844)
|
(525)
|
(1 729)
|
(2 502)
|
(2 343)
|
(3 071)
|
(3 710)
|
(3 301)
|
(2 789)
|
(2 714)
|
(2 712)
|
(3 011)
|
(3 340)
|
|
Income from Continuing Operations |
3 913
|
4 470
|
4 557
|
5 433
|
5 871
|
6 564
|
7 665
|
7 510
|
8 194
|
7 871
|
7 751
|
6 828
|
6 276
|
5 651
|
5 370
|
5 413
|
5 306
|
5 772
|
5 984
|
5 622
|
4 774
|
3 945
|
3 324
|
3 865
|
2 882
|
(2 480)
|
(4 853)
|
(5 957)
|
579
|
5 040
|
8 192
|
8 794
|
5 163
|
6 229
|
7 448
|
8 874
|
11 449
|
10 257
|
11 098
|
10 797
|
8 358
|
|
Income to Minority Interest |
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
|
292
|
290
|
292
|
363
|
|
Net Income (Common) |
3 913
N/A
|
4 470
+14%
|
4 555
+2%
|
5 432
+19%
|
5 871
+8%
|
6 563
+12%
|
7 664
+17%
|
7 509
-2%
|
8 193
+9%
|
7 870
-4%
|
7 751
-2%
|
6 827
-12%
|
6 276
-8%
|
5 650
-10%
|
5 369
-5%
|
5 412
+1%
|
5 304
-2%
|
5 771
+9%
|
5 982
+4%
|
5 622
-6%
|
4 773
-15%
|
3 944
-17%
|
3 323
-16%
|
3 863
+16%
|
2 882
-25%
|
(2 481)
N/A
|
(4 853)
-96%
|
(5 956)
-23%
|
577
N/A
|
5 039
+773%
|
8 190
+63%
|
8 791
+7%
|
5 163
-41%
|
6 229
+21%
|
7 449
+20%
|
8 874
+19%
|
11 449
+29%
|
10 550
-8%
|
11 388
+8%
|
11 090
-3%
|
8 722
-21%
|
|
EPS (Diluted) |
52.17
N/A
|
59.6
+14%
|
60.73
+2%
|
72.42
+19%
|
78.28
+8%
|
87.11
+11%
|
102.18
+17%
|
100.12
-2%
|
109.24
+9%
|
104.46
-4%
|
103.34
-1%
|
91.02
-12%
|
83.68
-8%
|
75
-10%
|
71.58
-5%
|
72.16
+1%
|
70.72
-2%
|
76.58
+8%
|
79.76
+4%
|
74.95
-6%
|
63.31
-16%
|
52.31
-17%
|
44.07
-16%
|
51.22
+16%
|
38.22
-25%
|
-32.89
N/A
|
-64.33
-96%
|
-78.93
-23%
|
7.64
N/A
|
66.79
+774%
|
108.54
+63%
|
116.47
+7%
|
68.41
-41%
|
82.53
+21%
|
98.69
+20%
|
117.53
+19%
|
151.65
+29%
|
139.74
-8%
|
150.83
+8%
|
146.82
-3%
|
115.46
-21%
|