MTI Ltd
TSE:9438
Income Statement
Earnings Waterfall
MTI Ltd
Revenue
|
26.3B
JPY
|
Cost of Revenue
|
-7.7B
JPY
|
Gross Profit
|
18.7B
JPY
|
Operating Expenses
|
-17.9B
JPY
|
Operating Income
|
795.3m
JPY
|
Other Expenses
|
1.2B
JPY
|
Net Income
|
2B
JPY
|
Income Statement
MTI 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 |
30 329
N/A
|
30 618
+1%
|
30 586
0%
|
30 985
+1%
|
31 695
+2%
|
32 326
+2%
|
32 856
+2%
|
33 461
+2%
|
33 800
+1%
|
33 836
+0%
|
33 499
-1%
|
32 844
-2%
|
31 935
-3%
|
31 136
-3%
|
31 022
0%
|
30 934
0%
|
30 813
0%
|
30 811
0%
|
30 037
-3%
|
29 076
-3%
|
28 421
-2%
|
27 846
-2%
|
27 304
-2%
|
27 113
-1%
|
26 369
-3%
|
26 154
-1%
|
26 178
+0%
|
26 082
0%
|
26 268
+1%
|
26 155
0%
|
26 093
0%
|
25 743
-1%
|
25 990
+1%
|
25 672
-1%
|
25 593
0%
|
26 479
+3%
|
27 009
+2%
|
27 117
+0%
|
27 238
+0%
|
26 799
-2%
|
26 343
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 324)
|
(5 295)
|
(5 106)
|
(4 988)
|
(5 113)
|
(5 179)
|
(5 222)
|
(5 439)
|
(5 458)
|
(5 408)
|
(5 421)
|
(5 353)
|
(5 266)
|
(5 224)
|
(5 464)
|
(5 646)
|
(5 961)
|
(6 465)
|
(6 431)
|
(6 405)
|
(6 447)
|
(6 596)
|
(6 749)
|
(7 157)
|
(7 153)
|
(7 173)
|
(7 305)
|
(7 130)
|
(7 096)
|
(7 018)
|
(6 962)
|
(7 001)
|
(7 303)
|
(7 397)
|
(7 610)
|
(7 788)
|
(8 431)
|
(8 454)
|
(8 527)
|
(8 426)
|
(7 675)
|
|
Gross Profit |
25 004
N/A
|
25 323
+1%
|
25 480
+1%
|
25 997
+2%
|
26 582
+2%
|
27 147
+2%
|
27 635
+2%
|
28 022
+1%
|
28 341
+1%
|
28 428
+0%
|
28 079
-1%
|
27 491
-2%
|
26 669
-3%
|
25 912
-3%
|
25 558
-1%
|
25 288
-1%
|
24 853
-2%
|
24 346
-2%
|
23 606
-3%
|
22 670
-4%
|
21 973
-3%
|
21 249
-3%
|
20 555
-3%
|
19 955
-3%
|
19 216
-4%
|
18 980
-1%
|
18 873
-1%
|
18 952
+0%
|
19 173
+1%
|
19 138
0%
|
19 131
0%
|
18 742
-2%
|
18 687
0%
|
18 275
-2%
|
17 983
-2%
|
18 692
+4%
|
18 577
-1%
|
18 663
+0%
|
18 711
+0%
|
18 373
-2%
|
18 668
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(23 152)
|
(22 752)
|
(23 116)
|
(23 481)
|
(23 643)
|
(23 828)
|
(23 523)
|
(23 995)
|
(24 298)
|
(23 792)
|
(22 967)
|
(22 126)
|
(21 277)
|
(22 361)
|
(22 764)
|
(22 624)
|
(22 677)
|
(20 985)
|
(20 292)
|
(20 174)
|
(19 309)
|
(18 564)
|
(18 333)
|
(17 062)
|
(16 565)
|
(16 201)
|
(16 155)
|
(16 440)
|
(16 696)
|
(16 845)
|
(16 845)
|
(16 812)
|
(16 859)
|
(16 978)
|
(17 427)
|
(17 821)
|
(18 220)
|
(18 411)
|
(18 281)
|
(18 075)
|
(17 873)
|
|
Selling, General & Administrative |
(23 161)
|
(22 761)
|
(23 127)
|
(21 626)
|
(23 601)
|
(23 787)
|
(23 480)
|
(22 105)
|
(24 307)
|
(23 801)
|
(22 976)
|
(20 569)
|
(21 286)
|
(20 971)
|
(21 374)
|
(19 279)
|
(21 287)
|
(20 994)
|
(20 301)
|
(17 710)
|
(18 588)
|
(17 768)
|
(17 537)
|
(15 584)
|
(16 500)
|
(16 210)
|
(16 161)
|
(14 774)
|
(16 698)
|
(16 845)
|
(16 845)
|
(15 628)
|
(16 859)
|
(16 978)
|
(17 427)
|
(16 395)
|
(18 220)
|
(18 411)
|
(18 281)
|
(16 656)
|
(17 873)
|
|
Research & Development |
0
|
0
|
0
|
(107)
|
0
|
0
|
0
|
(353)
|
0
|
0
|
0
|
(294)
|
0
|
0
|
0
|
(265)
|
0
|
0
|
0
|
(103)
|
0
|
0
|
0
|
(85)
|
0
|
0
|
0
|
(50)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(73)
|
0
|
0
|
0
|
(153)
|
0
|
|
Depreciation & Amortization |
9
|
9
|
11
|
(1 749)
|
(42)
|
(42)
|
(43)
|
(1 537)
|
9
|
9
|
9
|
(1 263)
|
9
|
(1 390)
|
(1 390)
|
(3 080)
|
(1 390)
|
9
|
9
|
(2 360)
|
(721)
|
(796)
|
(796)
|
(1 392)
|
(65)
|
9
|
6
|
(1 617)
|
0
|
0
|
0
|
(1 133)
|
0
|
0
|
0
|
(1 353)
|
0
|
0
|
0
|
(1 266)
|
0
|
|
Other Operating Expenses |
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)
|
(0)
|
(0)
|
|
Operating Income |
1 853
N/A
|
2 571
+39%
|
2 364
-8%
|
2 516
+6%
|
2 940
+17%
|
3 319
+13%
|
4 111
+24%
|
4 027
-2%
|
4 043
+0%
|
4 636
+15%
|
5 112
+10%
|
5 365
+5%
|
5 392
+1%
|
3 551
-34%
|
2 794
-21%
|
2 664
-5%
|
2 176
-18%
|
3 361
+54%
|
3 313
-1%
|
2 497
-25%
|
2 664
+7%
|
2 685
+1%
|
2 222
-17%
|
2 894
+30%
|
2 651
-8%
|
2 779
+5%
|
2 718
-2%
|
2 511
-8%
|
2 477
-1%
|
2 293
-7%
|
2 286
0%
|
1 930
-16%
|
1 828
-5%
|
1 297
-29%
|
556
-57%
|
871
+57%
|
358
-59%
|
253
-29%
|
430
+70%
|
298
-31%
|
795
+166%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(83)
|
(46)
|
(62)
|
(61)
|
(31)
|
(104)
|
(127)
|
632
|
(88)
|
(91)
|
(58)
|
(52)
|
(84)
|
(73)
|
90
|
43
|
72
|
85
|
(91)
|
(28)
|
11
|
7
|
954
|
430
|
294
|
596
|
(160)
|
(11)
|
12
|
(578)
|
(869)
|
(528)
|
(496)
|
(450)
|
(362)
|
(356)
|
(357)
|
96
|
78
|
120
|
518
|
|
Non-Reccuring Items |
(156)
|
(101)
|
(344)
|
(275)
|
(291)
|
(289)
|
(34)
|
(221)
|
331
|
319
|
259
|
(117)
|
(128)
|
420
|
310
|
23
|
13
|
(666)
|
(561)
|
(349)
|
(385)
|
(267)
|
(234)
|
(661)
|
(643)
|
(340)
|
(313)
|
(1 297)
|
(1 331)
|
(1 589)
|
(1 509)
|
(383)
|
(306)
|
(221)
|
(303)
|
(800)
|
(795)
|
(743)
|
226
|
733
|
708
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
39
|
39
|
0
|
34
|
(5)
|
17
|
0
|
0
|
5
|
5
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(1)
|
(1)
|
1
|
0
|
0
|
(105)
|
0
|
0
|
0
|
(1)
|
0
|
(6)
|
(6)
|
(5)
|
0
|
12
|
12
|
12
|
0
|
0
|
0
|
20
|
0
|
|
Total Other Income |
5
|
2
|
6
|
12
|
41
|
(25)
|
(3)
|
(8)
|
(14)
|
(0)
|
(21)
|
(2)
|
16
|
38
|
30
|
22
|
(27)
|
(26)
|
(15)
|
(23)
|
20
|
7
|
2
|
3
|
(103)
|
(92)
|
(96)
|
11
|
32
|
(1)
|
(17)
|
(28)
|
(69)
|
(27)
|
(8)
|
(32)
|
0
|
18
|
28
|
27
|
47
|
|
Pre-Tax Income |
1 619
N/A
|
2 426
+50%
|
2 003
-17%
|
2 230
+11%
|
2 658
+19%
|
2 936
+10%
|
3 943
+34%
|
4 447
+13%
|
4 272
-4%
|
4 863
+14%
|
5 297
+9%
|
5 198
-2%
|
5 196
0%
|
3 935
-24%
|
3 223
-18%
|
2 752
-15%
|
2 234
-19%
|
2 753
+23%
|
2 645
-4%
|
2 096
-21%
|
2 310
+10%
|
2 432
+5%
|
2 945
+21%
|
2 561
-13%
|
2 198
-14%
|
2 943
+34%
|
2 149
-27%
|
1 214
-44%
|
1 190
-2%
|
120
-90%
|
(115)
N/A
|
986
N/A
|
957
-3%
|
611
-36%
|
(105)
N/A
|
(305)
-191%
|
(794)
-160%
|
(376)
+53%
|
762
N/A
|
1 199
+57%
|
2 069
+73%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(844)
|
(984)
|
(833)
|
(908)
|
(930)
|
(1 227)
|
(1 577)
|
(1 752)
|
(1 737)
|
(1 969)
|
(2 101)
|
(1 954)
|
(1 963)
|
(1 642)
|
(1 441)
|
(1 446)
|
(838)
|
(796)
|
(696)
|
(753)
|
(1 209)
|
(1 298)
|
(1 239)
|
(1 108)
|
(1 054)
|
(1 139)
|
(1 113)
|
(878)
|
(942)
|
(2 548)
|
(2 514)
|
(2 516)
|
(2 407)
|
(591)
|
(406)
|
(759)
|
(1 114)
|
(1 093)
|
(1 159)
|
(631)
|
(188)
|
|
Income from Continuing Operations |
775
|
1 443
|
1 170
|
1 322
|
1 728
|
1 709
|
2 367
|
2 695
|
2 536
|
2 894
|
3 196
|
3 244
|
3 233
|
2 292
|
1 782
|
1 305
|
1 396
|
1 957
|
1 949
|
1 343
|
1 101
|
1 134
|
1 706
|
1 453
|
1 144
|
1 804
|
1 036
|
336
|
249
|
(2 428)
|
(2 628)
|
(1 530)
|
(1 451)
|
21
|
(511)
|
(1 064)
|
(1 908)
|
(1 469)
|
(397)
|
568
|
1 880
|
|
Income to Minority Interest |
(18)
|
(14)
|
33
|
16
|
(55)
|
(73)
|
(94)
|
(87)
|
9
|
50
|
88
|
74
|
64
|
42
|
59
|
129
|
163
|
191
|
236
|
286
|
270
|
202
|
174
|
55
|
52
|
89
|
106
|
171
|
248
|
272
|
260
|
365
|
319
|
355
|
353
|
133
|
134
|
89
|
50
|
186
|
94
|
|
Net Income (Common) |
757
N/A
|
1 429
+89%
|
1 203
-16%
|
1 338
+11%
|
1 673
+25%
|
1 636
-2%
|
2 273
+39%
|
2 607
+15%
|
2 544
-2%
|
2 944
+16%
|
3 284
+12%
|
3 318
+1%
|
3 297
-1%
|
2 334
-29%
|
1 841
-21%
|
1 434
-22%
|
1 559
+9%
|
2 147
+38%
|
2 185
+2%
|
1 629
-25%
|
1 371
-16%
|
1 336
-3%
|
1 880
+41%
|
1 508
-20%
|
1 196
-21%
|
1 893
+58%
|
1 143
-40%
|
507
-56%
|
496
-2%
|
(2 156)
N/A
|
(2 368)
-10%
|
(1 164)
+51%
|
(1 132)
+3%
|
376
N/A
|
(158)
N/A
|
(930)
-489%
|
(1 774)
-91%
|
(1 380)
+22%
|
(347)
+75%
|
753
N/A
|
1 974
+162%
|
|
EPS (Diluted) |
14.99
N/A
|
28.23
+88%
|
23.83
-16%
|
26.76
+12%
|
32.8
+23%
|
31.64
-4%
|
38.97
+23%
|
47.67
+22%
|
44.09
-8%
|
52.1
+18%
|
59.71
+15%
|
58.92
-1%
|
59.4
+1%
|
42.9
-28%
|
33.65
-22%
|
26.12
-22%
|
28.49
+9%
|
39.17
+37%
|
39.86
+2%
|
29.75
-25%
|
25.03
-16%
|
24.39
-3%
|
34.33
+41%
|
27.56
-20%
|
21.88
-21%
|
34.64
+58%
|
20.91
-40%
|
9.27
-56%
|
9.02
-3%
|
-39.42
N/A
|
-43.27
-10%
|
-21.28
+51%
|
-20.66
+3%
|
6.87
N/A
|
-2.88
N/A
|
-16.99
-490%
|
-32.36
-90%
|
-25.18
+22%
|
-6.31
+75%
|
13.73
N/A
|
35.98
+162%
|