Horai Co Ltd
TSE:9679

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Horai Co Ltd Logo
Horai Co Ltd
TSE:9679
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Price: 2 070 JPY Market Closed
Market Cap: ¥8.7B

Income Statement

Earnings Waterfall
Horai Co Ltd

Income Statement
Horai Co Ltd

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Income Statement
Currency: JPY
Dec-2004 Mar-2005 Jun-2005 Dec-2005 Mar-2006 Jun-2006 Dec-2006 Mar-2007 Jun-2007 Dec-2007 Mar-2008 Jun-2008 Dec-2008 Mar-2009 Jun-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 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 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025 Dec-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
0
0
0
0
7
0
0
7
0
0
26
13
19
25
25
25
53
50
47
45
13
13
13
9
9
9
12
9
9
9
11
11
11
11
11
8
8
8
8
5
3
0
0
0
0
0
0
0
0
0
3
11
19
26
32
31
31
31
31
30
30
30
30
29
29
30
31
32
33
0
0
0
Revenue
3 713
N/A
3 660
-1%
3 796
+4%
3 947
+4%
4 074
+3%
4 139
+2%
4 135
0%
4 113
-1%
4 023
-2%
3 988
-1%
3 994
+0%
4 037
+1%
4 088
+1%
4 127
+1%
4 091
-1%
4 018
-2%
3 949
-2%
3 886
-2%
5 554
+43%
5 538
0%
5 456
-1%
5 229
-4%
4 990
-5%
4 852
-3%
4 878
+1%
4 961
+2%
5 019
+1%
5 023
+0%
5 072
+1%
5 085
+0%
5 049
-1%
5 037
0%
4 982
-1%
4 983
+0%
5 044
+1%
5 099
+1%
5 133
+1%
5 184
+1%
5 256
+1%
5 359
+2%
5 440
+2%
5 428
0%
5 298
-2%
5 230
-1%
5 187
-1%
5 247
+1%
5 320
+1%
5 298
0%
5 344
+1%
5 335
0%
5 336
+0%
5 383
+1%
5 388
+0%
5 399
+0%
5 400
+0%
5 347
-1%
5 321
0%
4 959
-7%
4 719
-5%
4 766
+1%
4 676
-2%
4 848
+4%
4 847
0%
4 710
-3%
4 676
-1%
4 783
+2%
4 938
+3%
5 048
+2%
5 113
+1%
5 116
+0%
5 186
+1%
5 214
+1%
5 298
+2%
5 431
+3%
5 480
+1%
5 550
+1%
5 620
+1%
5 802
+3%
6 112
+5%
6 351
+4%
Gross Profit
Cost of Revenue
(3 456)
(3 380)
(3 420)
(3 383)
(3 450)
(3 446)
(3 447)
(3 356)
(3 294)
(3 317)
(3 342)
(3 377)
(3 446)
(3 477)
(3 493)
(3 388)
(3 355)
(3 284)
(4 570)
(4 563)
(4 529)
(4 416)
(4 267)
(4 185)
(4 149)
(4 194)
(4 299)
(4 304)
(4 288)
(4 298)
(4 224)
(4 196)
(4 235)
(4 220)
(4 248)
(4 299)
(4 333)
(4 377)
(4 427)
(4 477)
(4 500)
(4 490)
(4 470)
(4 457)
(4 449)
(4 472)
(4 447)
(4 469)
(4 486)
(4 492)
(4 513)
(4 528)
(4 549)
(4 548)
(4 572)
(4 537)
(4 585)
(4 404)
(4 209)
(4 092)
(3 890)
(3 936)
(4 021)
(3 940)
(3 903)
(3 878)
(3 829)
(3 875)
(3 945)
(3 935)
(3 968)
(4 011)
(4 032)
(4 116)
(4 185)
(4 259)
(4 332)
(4 468)
(4 673)
(4 787)
Gross Profit
257
N/A
280
+9%
376
+34%
564
+50%
625
+11%
694
+11%
689
-1%
757
+10%
729
-4%
671
-8%
652
-3%
660
+1%
642
-3%
650
+1%
597
-8%
630
+5%
594
-6%
602
+1%
984
+63%
974
-1%
927
-5%
814
-12%
723
-11%
667
-8%
730
+9%
767
+5%
720
-6%
720
0%
783
+9%
787
+0%
825
+5%
841
+2%
747
-11%
763
+2%
796
+4%
801
+1%
800
0%
807
+1%
829
+3%
882
+6%
940
+7%
937
0%
828
-12%
773
-7%
737
-5%
774
+5%
873
+13%
829
-5%
858
+3%
843
-2%
823
-2%
855
+4%
839
-2%
850
+1%
828
-3%
810
-2%
736
-9%
555
-25%
509
-8%
674
+32%
785
+17%
912
+16%
826
-9%
770
-7%
773
+0%
904
+17%
1 108
+23%
1 174
+6%
1 168
0%
1 180
+1%
1 217
+3%
1 203
-1%
1 266
+5%
1 315
+4%
1 295
-1%
1 291
0%
1 288
0%
1 334
+4%
1 439
+8%
1 565
+9%
Operating Income
Operating Expenses
(310)
(333)
(358)
(356)
(348)
(335)
(342)
(357)
(371)
(380)
(379)
(385)
(402)
(444)
(462)
(452)
(410)
(396)
(530)
(533)
(535)
(541)
(532)
(529)
(529)
(522)
(535)
(545)
(549)
(555)
(555)
(511)
(551)
(545)
(537)
(422)
(429)
(444)
(575)
(574)
(572)
(574)
(585)
(590)
(592)
(597)
(601)
(514)
(522)
(519)
(596)
(637)
(649)
(662)
(667)
(5 671)
(1 426)
(678)
(653)
(634)
(623)
(615)
(619)
(679)
(685)
(691)
(665)
(665)
(663)
(664)
(690)
(728)
(727)
(699)
(724)
(1 082)
(1 120)
(818)
(822)
(824)
Selling, General & Administrative
(310)
(333)
(358)
(356)
(348)
(335)
(343)
(354)
(371)
(380)
(379)
(385)
(400)
(425)
(442)
(432)
(410)
(396)
(501)
(533)
(535)
(541)
(499)
(529)
(529)
(522)
(500)
(545)
(549)
(555)
(523)
(550)
(551)
(545)
(507)
(547)
(553)
(569)
(544)
(574)
(572)
(574)
(554)
(590)
(592)
(597)
(569)
(603)
(612)
(609)
(561)
(597)
(609)
(622)
(637)
(690)
(685)
(678)
(615)
(633)
(622)
(615)
(581)
(618)
(624)
(630)
(639)
(665)
(663)
(664)
(669)
(688)
(687)
(699)
(704)
(760)
(799)
(818)
(799)
(820)
Research & Development
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
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
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(28)
0
0
0
(33)
0
0
0
(35)
0
0
0
(32)
0
0
0
(30)
0
0
0
(30)
0
0
0
(31)
0
0
0
(32)
0
0
0
(34)
0
0
0
(30)
0
0
0
(38)
0
0
0
(38)
0
0
0
(25)
0
0
0
(21)
0
0
0
(20)
0
0
0
(23)
0
Other Operating Expenses
0
0
0
0
0
0
0
(3)
0
0
0
0
0
(19)
(20)
(20)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
39
0
0
0
125
125
125
(0)
0
0
0
(0)
0
0
0
(0)
89
89
89
(0)
(40)
(40)
(40)
(0)
(4 981)
(741)
0
(0)
(0)
(0)
0
(0)
(61)
(61)
(61)
(0)
(0)
0
0
(0)
(40)
(40)
0
(0)
(321)
(321)
(0)
(0)
(4)
Operating Income
(53)
N/A
(52)
+2%
18
N/A
208
+1 058%
277
+33%
359
+30%
346
-4%
400
+16%
358
-11%
291
-18%
274
-6%
275
+1%
240
-13%
206
-14%
135
-34%
178
+31%
184
+4%
206
+12%
455
+121%
441
-3%
392
-11%
272
-31%
191
-30%
138
-28%
201
+46%
245
+22%
185
-24%
175
-6%
235
+34%
232
-1%
270
+16%
330
+22%
195
-41%
218
+12%
259
+19%
378
+46%
371
-2%
362
-2%
255
-30%
308
+21%
368
+20%
364
-1%
243
-33%
184
-24%
145
-21%
178
+22%
272
+53%
316
+16%
335
+6%
323
-4%
227
-30%
218
-4%
190
-13%
188
-1%
161
-15%
(4 861)
N/A
(690)
+86%
(123)
+82%
(144)
-17%
40
N/A
163
+312%
297
+82%
207
-30%
91
-56%
88
-3%
213
+141%
444
+108%
508
+15%
506
-1%
516
+2%
528
+2%
475
-10%
539
+13%
615
+14%
571
-7%
210
-63%
168
-20%
517
+207%
617
+19%
740
+20%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
0
0
0
0
0
289
334
371
162
189
279
360
308
298
219
159
162
125
353
2 434
2 473
2 656
2 515
785
342
394
309
532
595
394
497
336
320
315
256
218
246
225
198
204
157
161
173
179
195
193
219
183
201
247
226
264
242
191
152
140
223
218
222
225
160
199
224
214
207
175
293
275
262
257
120
124
141
Non-Reccuring Items
(111)
(17)
(14)
(5 800)
(5 825)
(5 819)
(23)
1
(14)
(16)
(16)
(4)
0
0
0
0
0
0
0
(23)
(30)
(47)
(17)
257
367
432
(3 502)
(3 663)
(3 735)
(3 783)
128
0
8
8
125
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
2
(4 239)
(4 272)
(5 021)
0
0
(707)
(1)
0
0
0
(61)
0
0
0
0
0
0
(40)
(40)
0
0
0
(321)
0
0
(326)
(4)
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(1)
(2)
(3)
(2)
(3)
(15)
(9)
(11)
(11)
(13)
(12)
(12)
(11)
(13)
(4)
(4)
(4)
(17)
(18)
(25)
(27)
(20)
(14)
(9)
(7)
(15)
(8)
(12)
(12)
(13)
(18)
(19)
(21)
(21)
(97)
(93)
(92)
(5)
(8)
5 312
5 311
5 303
5 305
(19)
(25)
(18)
(22)
(18)
(19)
(37)
(35)
(31)
(29)
(17)
(6)
(19)
(18)
(16)
(46)
(37)
(36)
(38)
(75)
(77)
(80)
(82)
(28)
Total Other Income
52
26
10
165
232
254
91
49
99
173
197
223
145
104
21
19
1
(11)
(2)
(2)
12
15
67
64
52
49
(2)
(14)
(18)
(21)
(8)
364
409
411
35
27
(16)
13
21
12
21
(6)
11
8
(1)
2
8
8
23
24
25
31
25
28
24
20
26
57
69
67
66
40
26
24
25
21
24
25
28
25
23
24
26
35
39
39
30
22
18
17
Pre-Tax Income
(113)
N/A
(44)
+61%
14
N/A
(5 427)
N/A
(5 315)
+2%
(5 205)
+2%
414
N/A
451
+9%
442
-2%
448
+1%
455
+1%
494
+9%
673
+36%
642
-5%
526
-18%
356
-32%
373
+5%
471
+26%
797
+69%
715
-10%
660
-8%
448
-32%
387
-13%
608
+57%
732
+20%
1 067
+46%
(898)
N/A
(1 034)
-15%
(866)
+16%
(1 060)
-22%
1 158
N/A
1 018
-12%
982
-4%
919
-6%
931
+1%
986
+6%
739
-25%
866
+17%
596
-31%
632
+6%
693
+10%
602
-13%
457
-24%
419
-8%
351
-16%
356
+2%
463
+30%
384
-17%
425
+11%
428
+1%
427
0%
437
+2%
1 481
+239%
1 474
-1%
650
-56%
666
+2%
(436)
N/A
(573)
-31%
171
N/A
327
+91%
402
+23%
470
+17%
275
-42%
303
+10%
300
-1%
427
+42%
675
+58%
688
+2%
713
+4%
707
-1%
708
+0%
660
-7%
702
+6%
908
+29%
526
-42%
436
-17%
377
-13%
253
-33%
673
+166%
869
+29%
Net Income
Tax Provision
(10)
(10)
(10)
(10)
(10)
(10)
(38)
(40)
(109)
(118)
(128)
(142)
(225)
(224)
(188)
(121)
(130)
(169)
(294)
(270)
(249)
(167)
(139)
(227)
(280)
(294)
(1 121)
(1 025)
(1 082)
(1 118)
(375)
(334)
(318)
(292)
(301)
(337)
(249)
(286)
(174)
(182)
(198)
(170)
(114)
(49)
(26)
(26)
(87)
(99)
(114)
(118)
(85)
(103)
(422)
(419)
(347)
(336)
5
24
(0)
(60)
(84)
(80)
(61)
(83)
(85)
(127)
(204)
(195)
(204)
(201)
(195)
(184)
(196)
(253)
(217)
(193)
(176)
(148)
(175)
(246)
Income from Continuing Operations
(122)
(54)
4
(5 437)
(5 325)
(5 215)
376
411
334
330
327
352
448
419
338
234
243
302
503
445
411
281
248
381
451
774
(2 018)
(2 059)
(1 948)
(2 179)
783
685
664
627
631
649
490
580
422
450
496
432
343
370
324
331
375
285
311
310
342
334
1 059
1 054
303
330
(431)
(548)
171
268
317
390
214
220
215
300
471
493
509
506
513
476
506
654
308
242
201
105
498
623
Net Income (Common)
(122)
N/A
(54)
+56%
4
N/A
(5 437)
N/A
(5 325)
+2%
(5 215)
+2%
376
N/A
411
+9%
334
-19%
330
-1%
327
-1%
352
+8%
448
+27%
419
-7%
338
-19%
234
-31%
243
+4%
302
+24%
503
+66%
445
-12%
411
-8%
281
-32%
248
-12%
381
+54%
451
+18%
774
+71%
(2 018)
N/A
(2 059)
-2%
(1 948)
+5%
(2 179)
-12%
783
N/A
685
-13%
664
-3%
627
-6%
631
+1%
649
+3%
490
-25%
580
+18%
422
-27%
450
+6%
496
+10%
432
-13%
343
-21%
370
+8%
324
-12%
331
+2%
375
+14%
285
-24%
311
+9%
310
0%
342
+10%
334
-2%
1 059
+217%
1 054
0%
303
-71%
330
+9%
(431)
N/A
(548)
-27%
171
N/A
268
+57%
317
+19%
390
+23%
214
-45%
220
+3%
215
-2%
300
+39%
471
+57%
493
+5%
509
+3%
506
-1%
513
+1%
476
-7%
506
+6%
654
+29%
308
-53%
242
-21%
201
-17%
105
-48%
498
+375%
623
+25%
EPS (Diluted)
-29.12
N/A
-38.21
-31%
2.57
N/A
-1 293.3
N/A
-3 803.57
-194%
-3 725.21
+2%
89.47
N/A
293.57
+228%
238.28
-19%
78.54
-67%
233.78
+198%
251.57
+8%
106.77
-58%
299
+180%
241.5
-19%
55.74
-77%
173.85
+212%
215.92
+24%
119.88
-44%
106.03
-12%
98.01
-8%
66.96
-32%
59.09
-12%
90.86
+54%
107.57
+18%
184.33
+71%
-480.93
N/A
-490.75
-2%
-464.27
+5%
-519.35
-12%
186.61
N/A
163.21
-13%
158.21
-3%
149.41
-6%
150.36
+1%
154.89
+3%
116.93
-25%
138.44
+18%
100.74
-27%
107.3
+7%
118.25
+10%
103.03
-13%
81.8
-21%
88.3
+8%
77.4
-12%
78.85
+2%
89.53
+14%
68.07
-24%
74.21
+9%
73.99
0%
81.67
+10%
79.8
-2%
252.89
+217%
251.71
0%
72.31
-71%
78.68
+9%
-102.96
N/A
-130.93
-27%
40.75
N/A
63.87
+57%
75.8
+19%
93.24
+23%
51.09
-45%
52.51
+3%
51.44
-2%
71.72
+39%
112.44
+57%
117.8
+5%
121.61
+3%
120.87
-1%
122.49
+1%
113.6
-7%
120.93
+6%
156.21
+29%
73.55
-53%
57.84
-21%
48.07
-17%
25.03
-48%
118.89
+375%
148.86
+25%
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