Tsuzuki Denki Co Ltd
TSE:8157
Income Statement
Earnings Waterfall
Tsuzuki Denki Co Ltd
Revenue
|
134.4B
JPY
|
Cost of Revenue
|
-107.5B
JPY
|
Gross Profit
|
26.9B
JPY
|
Operating Expenses
|
-19.2B
JPY
|
Operating Income
|
7.6B
JPY
|
Other Expenses
|
-914m
JPY
|
Net Income
|
6.7B
JPY
|
Income Statement
Tsuzuki Denki Co 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 |
103 883
N/A
|
110 670
+7%
|
110 842
+0%
|
105 800
-5%
|
107 434
+2%
|
105 339
-2%
|
105 837
+0%
|
106 687
+1%
|
105 807
-1%
|
105 619
0%
|
105 240
0%
|
105 593
+0%
|
106 161
+1%
|
105 149
-1%
|
105 704
+1%
|
105 375
0%
|
107 584
+2%
|
111 973
+4%
|
113 393
+1%
|
113 993
+1%
|
114 035
+0%
|
118 872
+4%
|
118 461
0%
|
124 429
+5%
|
128 905
+4%
|
125 366
-3%
|
126 951
+1%
|
121 865
-4%
|
119 977
-2%
|
120 004
+0%
|
121 183
+1%
|
120 098
-1%
|
121 087
+1%
|
119 316
-1%
|
119 104
0%
|
121 262
+2%
|
120 920
0%
|
123 899
+2%
|
127 418
+3%
|
129 740
+2%
|
134 367
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(87 222)
|
(92 816)
|
(92 830)
|
(87 995)
|
(89 786)
|
(88 170)
|
(88 559)
|
(89 007)
|
(88 327)
|
(88 135)
|
(87 706)
|
(87 957)
|
(87 897)
|
(86 707)
|
(87 101)
|
(87 049)
|
(88 767)
|
(92 514)
|
(93 514)
|
(93 687)
|
(93 375)
|
(97 376)
|
(96 989)
|
(101 909)
|
(105 649)
|
(102 290)
|
(103 995)
|
(99 911)
|
(98 430)
|
(98 538)
|
(99 117)
|
(97 933)
|
(98 324)
|
(96 804)
|
(96 227)
|
(98 061)
|
(97 811)
|
(99 720)
|
(102 419)
|
(104 257)
|
(107 489)
|
|
Gross Profit |
16 661
N/A
|
17 854
+7%
|
18 012
+1%
|
17 805
-1%
|
17 648
-1%
|
17 169
-3%
|
17 278
+1%
|
17 680
+2%
|
17 480
-1%
|
17 484
+0%
|
17 534
+0%
|
17 636
+1%
|
18 264
+4%
|
18 442
+1%
|
18 603
+1%
|
18 326
-1%
|
18 817
+3%
|
19 459
+3%
|
19 879
+2%
|
20 306
+2%
|
20 660
+2%
|
21 496
+4%
|
21 472
0%
|
22 520
+5%
|
23 256
+3%
|
23 076
-1%
|
22 956
-1%
|
21 954
-4%
|
21 547
-2%
|
21 466
0%
|
22 066
+3%
|
22 165
+0%
|
22 763
+3%
|
22 512
-1%
|
22 877
+2%
|
23 201
+1%
|
23 109
0%
|
24 179
+5%
|
24 999
+3%
|
25 483
+2%
|
26 878
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(15 358)
|
(15 789)
|
(15 716)
|
(15 748)
|
(15 768)
|
(15 730)
|
(15 778)
|
(15 900)
|
(15 881)
|
(15 711)
|
(15 815)
|
(15 858)
|
(16 033)
|
(16 300)
|
(16 478)
|
(16 495)
|
(16 566)
|
(16 921)
|
(17 107)
|
(17 540)
|
(17 819)
|
(18 178)
|
(18 291)
|
(18 507)
|
(18 650)
|
(18 619)
|
(18 546)
|
(18 330)
|
(18 411)
|
(18 264)
|
(18 257)
|
(18 386)
|
(18 495)
|
(18 500)
|
(18 805)
|
(18 966)
|
(19 029)
|
(19 061)
|
(18 981)
|
(19 045)
|
(19 229)
|
|
Selling, General & Administrative |
(15 366)
|
(15 079)
|
(15 716)
|
(15 748)
|
(15 768)
|
(15 207)
|
(15 777)
|
(15 899)
|
(15 881)
|
(15 149)
|
(15 813)
|
(15 856)
|
(16 030)
|
(15 667)
|
(16 477)
|
(16 494)
|
(16 564)
|
(16 293)
|
(17 106)
|
(17 539)
|
(17 818)
|
(17 367)
|
(18 290)
|
(18 506)
|
(18 650)
|
(17 824)
|
(18 545)
|
(18 329)
|
(18 410)
|
(17 429)
|
(18 256)
|
(18 384)
|
(18 493)
|
(17 739)
|
(18 804)
|
(18 965)
|
(19 027)
|
(18 436)
|
(18 978)
|
(19 044)
|
(19 228)
|
|
Research & Development |
0
|
(176)
|
0
|
0
|
0
|
(66)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(173)
|
0
|
0
|
0
|
(189)
|
0
|
0
|
0
|
(135)
|
0
|
0
|
0
|
(145)
|
0
|
0
|
0
|
(156)
|
0
|
0
|
0
|
(130)
|
0
|
0
|
0
|
(62)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
9
|
(534)
|
0
|
0
|
0
|
(456)
|
0
|
0
|
0
|
(475)
|
0
|
0
|
0
|
(459)
|
0
|
0
|
0
|
(438)
|
0
|
0
|
0
|
(675)
|
0
|
0
|
0
|
(649)
|
0
|
0
|
0
|
(678)
|
0
|
0
|
0
|
(629)
|
0
|
0
|
0
|
(562)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
0
|
(87)
|
(2)
|
(2)
|
(3)
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
(1)
|
(3)
|
0
|
0
|
|
Operating Income |
1 303
N/A
|
2 065
+58%
|
2 296
+11%
|
2 057
-10%
|
1 880
-9%
|
1 439
-23%
|
1 500
+4%
|
1 780
+19%
|
1 599
-10%
|
1 773
+11%
|
1 719
-3%
|
1 778
+3%
|
2 231
+25%
|
2 142
-4%
|
2 125
-1%
|
1 831
-14%
|
2 251
+23%
|
2 538
+13%
|
2 772
+9%
|
2 766
0%
|
2 841
+3%
|
3 318
+17%
|
3 181
-4%
|
4 013
+26%
|
4 606
+15%
|
4 457
-3%
|
4 410
-1%
|
3 624
-18%
|
3 136
-13%
|
3 202
+2%
|
3 809
+19%
|
3 779
-1%
|
4 268
+13%
|
4 012
-6%
|
4 072
+1%
|
4 235
+4%
|
4 080
-4%
|
5 118
+25%
|
6 018
+18%
|
6 438
+7%
|
7 649
+19%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
539
|
0
|
(17)
|
2
|
7
|
151
|
86
|
86
|
155
|
57
|
62
|
69
|
(8)
|
132
|
38
|
27
|
177
|
113
|
122
|
236
|
186
|
230
|
253
|
135
|
142
|
135
|
105
|
134
|
26
|
85
|
(32)
|
(51)
|
43
|
316
|
288
|
271
|
196
|
538
|
422
|
486
|
489
|
|
Non-Reccuring Items |
(364)
|
(154)
|
(16)
|
(16)
|
(58)
|
3
|
(165)
|
(434)
|
(404)
|
(403)
|
(367)
|
(147)
|
(169)
|
(186)
|
(171)
|
(148)
|
(118)
|
(195)
|
(217)
|
(210)
|
(249)
|
(161)
|
(158)
|
(199)
|
(193)
|
(192)
|
(214)
|
(148)
|
(137)
|
(36)
|
0
|
22
|
33
|
(14)
|
14
|
(17)
|
12
|
(195)
|
(194)
|
(229)
|
(242)
|
|
Gain/Loss on Disposition of Assets |
0
|
25
|
52
|
52
|
52
|
25
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(101)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1 854
|
1 854
|
|
Total Other Income |
(41)
|
33
|
46
|
121
|
234
|
166
|
201
|
209
|
115
|
21
|
(4)
|
(22)
|
66
|
24
|
126
|
131
|
20
|
7
|
80
|
100
|
114
|
122
|
75
|
40
|
41
|
18
|
(86)
|
(72)
|
53
|
40
|
108
|
139
|
114
|
116
|
205
|
233
|
204
|
118
|
117
|
58
|
(8)
|
|
Pre-Tax Income |
1 437
N/A
|
1 969
+37%
|
2 361
+20%
|
2 216
-6%
|
2 115
-5%
|
1 784
-16%
|
1 622
-9%
|
1 641
+1%
|
1 465
-11%
|
1 448
-1%
|
1 410
-3%
|
1 678
+19%
|
2 120
+26%
|
2 111
0%
|
2 117
+0%
|
1 840
-13%
|
2 329
+27%
|
2 463
+6%
|
2 757
+12%
|
2 892
+5%
|
2 892
N/A
|
3 509
+21%
|
3 351
-5%
|
3 989
+19%
|
4 596
+15%
|
4 317
-6%
|
4 215
-2%
|
3 538
-16%
|
3 078
-13%
|
3 238
+5%
|
3 885
+20%
|
3 889
+0%
|
4 458
+15%
|
4 430
-1%
|
4 579
+3%
|
4 722
+3%
|
4 492
-5%
|
5 579
+24%
|
6 363
+14%
|
8 607
+35%
|
9 742
+13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(517)
|
(987)
|
(1 127)
|
(1 101)
|
(1 120)
|
(1 318)
|
(1 339)
|
(1 249)
|
(1 174)
|
(731)
|
(754)
|
(773)
|
(966)
|
(790)
|
(832)
|
(763)
|
(932)
|
(948)
|
(1 211)
|
(1 043)
|
(1 037)
|
(1 297)
|
(1 061)
|
(1 436)
|
(1 564)
|
(1 161)
|
(1 155)
|
(891)
|
(806)
|
(818)
|
(995)
|
(1 044)
|
(1 209)
|
(1 453)
|
(1 498)
|
(1 519)
|
(1 449)
|
(1 844)
|
(2 029)
|
(2 667)
|
(2 815)
|
|
Income from Continuing Operations |
920
|
982
|
1 234
|
1 115
|
995
|
466
|
283
|
392
|
291
|
717
|
656
|
905
|
1 154
|
1 321
|
1 285
|
1 077
|
1 397
|
1 515
|
1 546
|
1 849
|
1 855
|
2 212
|
2 290
|
2 553
|
3 032
|
3 156
|
3 060
|
2 647
|
2 272
|
2 420
|
2 890
|
2 845
|
3 249
|
2 977
|
3 081
|
3 203
|
3 043
|
3 735
|
4 334
|
5 940
|
6 927
|
|
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
|
(35)
|
(72)
|
(114)
|
(153)
|
(161)
|
(178)
|
(185)
|
(196)
|
(212)
|
(213)
|
(216)
|
(213)
|
(191)
|
|
Net Income (Common) |
921
N/A
|
982
+7%
|
1 235
+26%
|
1 113
-10%
|
995
-11%
|
466
-53%
|
282
-39%
|
393
+39%
|
290
-26%
|
717
+147%
|
657
-8%
|
905
+38%
|
1 155
+28%
|
1 321
+14%
|
1 285
-3%
|
1 078
-16%
|
1 397
+30%
|
1 515
+8%
|
1 545
+2%
|
1 848
+20%
|
1 853
+0%
|
2 212
+19%
|
2 291
+4%
|
2 553
+11%
|
3 033
+19%
|
3 155
+4%
|
3 058
-3%
|
2 646
-13%
|
2 235
-16%
|
2 346
+5%
|
2 774
+18%
|
2 689
-3%
|
3 086
+15%
|
2 798
-9%
|
2 895
+3%
|
3 006
+4%
|
2 830
-6%
|
3 521
+24%
|
4 116
+17%
|
5 727
+39%
|
6 735
+18%
|
|
EPS (Diluted) |
76.75
N/A
|
81.83
+7%
|
102.91
+26%
|
92.75
-10%
|
82.91
-11%
|
38.35
-54%
|
23.5
-39%
|
32.75
+39%
|
24.16
-26%
|
58.39
+142%
|
54.75
-6%
|
75.41
+38%
|
96.25
+28%
|
101.62
+6%
|
85.66
-16%
|
71.86
-16%
|
87.31
+22%
|
96.06
+10%
|
90.88
-5%
|
108.7
+20%
|
107.9
-1%
|
128.86
+19%
|
132.88
+3%
|
147.51
+11%
|
175.03
+19%
|
182.08
+4%
|
175.35
-4%
|
151.39
-14%
|
127.49
-16%
|
134.04
+5%
|
157.77
+18%
|
152.35
-3%
|
174.55
+15%
|
158.47
-9%
|
163.21
+3%
|
168.81
+3%
|
158.41
-6%
|
197.48
+25%
|
229.48
+16%
|
318.98
+39%
|
374.56
+17%
|