Belc Co Ltd
TSE:9974
Income Statement
Earnings Waterfall
Belc Co Ltd
Revenue
|
341.3B
JPY
|
Cost of Revenue
|
-243.4B
JPY
|
Gross Profit
|
97.9B
JPY
|
Operating Expenses
|
-81.1B
JPY
|
Operating Income
|
16.9B
JPY
|
Other Expenses
|
-4.8B
JPY
|
Net Income
|
12.1B
JPY
|
Income Statement
Belc Co Ltd
Nov-2013 | Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
141 999
N/A
|
145 023
+2%
|
147 905
+2%
|
151 695
+3%
|
155 737
+3%
|
161 124
+3%
|
166 945
+4%
|
171 527
+3%
|
176 242
+3%
|
181 071
+3%
|
184 866
+2%
|
187 800
+2%
|
190 939
+2%
|
193 565
+1%
|
197 383
+2%
|
201 491
+2%
|
205 869
+2%
|
211 394
+3%
|
214 586
+2%
|
219 313
+2%
|
223 005
+2%
|
225 523
+1%
|
228 519
+1%
|
230 575
+1%
|
234 332
+2%
|
239 496
+2%
|
252 759
+6%
|
263 364
+4%
|
273 504
+4%
|
284 460
+4%
|
287 162
+1%
|
293 578
+2%
|
297 552
+1%
|
300 267
+1%
|
300 947
+0%
|
301 960
+0%
|
305 080
+1%
|
310 825
+2%
|
319 687
+3%
|
330 025
+3%
|
341 306
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(104 439)
|
(106 486)
|
(108 645)
|
(111 510)
|
(114 480)
|
(118 330)
|
(122 709)
|
(125 957)
|
(129 547)
|
(133 251)
|
(136 147)
|
(138 365)
|
(140 940)
|
(142 864)
|
(145 788)
|
(148 579)
|
(151 588)
|
(155 587)
|
(157 938)
|
(161 654)
|
(164 457)
|
(166 310)
|
(168 741)
|
(170 140)
|
(172 910)
|
(176 628)
|
(185 778)
|
(193 969)
|
(202 340)
|
(211 157)
|
(214 028)
|
(218 835)
|
(221 445)
|
(221 919)
|
(221 420)
|
(219 566)
|
(219 308)
|
(220 951)
|
(227 063)
|
(234 534)
|
(243 373)
|
|
Gross Profit |
37 560
N/A
|
38 537
+3%
|
39 260
+2%
|
40 185
+2%
|
41 257
+3%
|
42 794
+4%
|
44 236
+3%
|
45 570
+3%
|
46 695
+2%
|
47 820
+2%
|
48 719
+2%
|
49 435
+1%
|
49 999
+1%
|
50 701
+1%
|
51 595
+2%
|
52 912
+3%
|
54 281
+3%
|
55 807
+3%
|
56 648
+2%
|
57 659
+2%
|
58 548
+2%
|
59 213
+1%
|
59 778
+1%
|
60 435
+1%
|
61 422
+2%
|
62 868
+2%
|
66 981
+7%
|
69 395
+4%
|
71 164
+3%
|
73 303
+3%
|
73 134
0%
|
74 743
+2%
|
76 107
+2%
|
78 348
+3%
|
79 527
+2%
|
82 394
+4%
|
85 772
+4%
|
89 874
+5%
|
92 624
+3%
|
95 491
+3%
|
97 933
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(30 920)
|
(31 650)
|
(32 053)
|
(32 829)
|
(33 905)
|
(35 511)
|
(36 811)
|
(37 883)
|
(38 516)
|
(39 411)
|
(40 007)
|
(40 486)
|
(41 287)
|
(41 537)
|
(42 545)
|
(43 730)
|
(44 894)
|
(46 286)
|
(47 181)
|
(48 065)
|
(48 963)
|
(49 395)
|
(50 056)
|
(50 686)
|
(51 469)
|
(52 405)
|
(54 270)
|
(56 126)
|
(58 553)
|
(61 371)
|
(62 138)
|
(63 175)
|
(63 323)
|
(65 276)
|
(66 810)
|
(69 621)
|
(73 055)
|
(75 856)
|
(77 388)
|
(79 318)
|
(81 053)
|
|
Selling, General & Administrative |
(30 921)
|
(29 047)
|
(32 053)
|
(32 828)
|
(33 904)
|
(32 741)
|
(36 810)
|
(37 882)
|
(38 517)
|
(36 209)
|
(40 004)
|
(40 485)
|
(41 284)
|
(38 242)
|
(42 547)
|
(43 729)
|
(44 895)
|
(42 336)
|
(47 180)
|
(48 065)
|
(48 964)
|
(45 131)
|
(50 054)
|
(50 685)
|
(51 468)
|
(47 710)
|
(54 271)
|
(56 124)
|
(58 551)
|
(56 417)
|
(62 136)
|
(63 174)
|
(63 322)
|
(60 061)
|
(66 810)
|
(69 621)
|
(73 055)
|
(69 660)
|
(77 386)
|
(79 318)
|
(81 052)
|
|
Depreciation & Amortization |
0
|
(2 602)
|
0
|
0
|
0
|
(2 770)
|
0
|
0
|
0
|
(3 200)
|
0
|
0
|
0
|
(3 296)
|
0
|
0
|
0
|
(3 949)
|
0
|
0
|
0
|
(4 263)
|
0
|
0
|
0
|
(4 694)
|
0
|
0
|
0
|
(4 953)
|
0
|
0
|
0
|
(5 215)
|
0
|
0
|
0
|
(6 195)
|
0
|
0
|
0
|
|
Other Operating Expenses |
1
|
(1)
|
0
|
0
|
(1)
|
0
|
(1)
|
0
|
0
|
(2)
|
(3)
|
(1)
|
(3)
|
1
|
2
|
(1)
|
1
|
(1)
|
(1)
|
0
|
1
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
0
|
(1)
|
|
Operating Income |
6 640
N/A
|
6 887
+4%
|
7 207
+5%
|
7 356
+2%
|
7 352
0%
|
7 283
-1%
|
7 425
+2%
|
7 687
+4%
|
8 179
+6%
|
8 409
+3%
|
8 712
+4%
|
8 949
+3%
|
8 712
-3%
|
9 164
+5%
|
9 050
-1%
|
9 182
+1%
|
9 387
+2%
|
9 521
+1%
|
9 467
-1%
|
9 594
+1%
|
9 585
0%
|
9 818
+2%
|
9 722
-1%
|
9 749
+0%
|
9 953
+2%
|
10 463
+5%
|
12 711
+21%
|
13 269
+4%
|
12 611
-5%
|
11 932
-5%
|
10 996
-8%
|
11 568
+5%
|
12 784
+11%
|
13 072
+2%
|
12 717
-3%
|
12 773
+0%
|
12 717
0%
|
14 018
+10%
|
15 236
+9%
|
16 173
+6%
|
16 880
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(134)
|
(144)
|
(151)
|
(155)
|
(154)
|
(151)
|
(150)
|
(150)
|
(149)
|
(135)
|
(131)
|
(125)
|
(117)
|
(117)
|
(110)
|
(108)
|
(107)
|
(103)
|
(103)
|
(94)
|
(89)
|
(85)
|
(79)
|
(73)
|
(66)
|
(60)
|
(56)
|
(54)
|
(52)
|
(48)
|
(45)
|
(43)
|
(40)
|
(43)
|
(43)
|
(48)
|
(54)
|
(56)
|
(67)
|
(74)
|
(84)
|
|
Non-Reccuring Items |
(254)
|
(366)
|
(367)
|
(256)
|
(390)
|
(305)
|
(357)
|
(740)
|
(504)
|
(500)
|
(721)
|
(346)
|
(262)
|
(233)
|
36
|
35
|
(55)
|
(53)
|
(81)
|
(83)
|
(435)
|
(865)
|
(845)
|
(887)
|
(430)
|
(273)
|
(956)
|
(325)
|
(465)
|
(531)
|
157
|
(440)
|
(421)
|
(281)
|
(302)
|
(298)
|
(300)
|
(201)
|
(197)
|
(221)
|
(238)
|
|
Gain/Loss on Disposition of Assets |
0
|
(77)
|
0
|
(77)
|
(77)
|
0
|
(1)
|
(1)
|
(1)
|
(12)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
(9)
|
(7)
|
(7)
|
0
|
0
|
146
|
146
|
0
|
0
|
0
|
|
Total Other Income |
405
|
390
|
285
|
394
|
408
|
409
|
427
|
465
|
469
|
514
|
486
|
474
|
537
|
516
|
583
|
583
|
534
|
545
|
520
|
520
|
485
|
637
|
648
|
737
|
795
|
674
|
747
|
729
|
774
|
791
|
790
|
780
|
799
|
856
|
770
|
651
|
520
|
334
|
609
|
613
|
463
|
|
Pre-Tax Income |
6 657
N/A
|
6 690
+0%
|
6 974
+4%
|
7 262
+4%
|
7 139
-2%
|
7 235
+1%
|
7 344
+2%
|
7 261
-1%
|
7 994
+10%
|
8 276
+4%
|
8 346
+1%
|
8 952
+7%
|
8 870
-1%
|
9 330
+5%
|
9 559
+2%
|
9 692
+1%
|
9 759
+1%
|
9 910
+2%
|
9 803
-1%
|
9 937
+1%
|
9 546
-4%
|
9 505
0%
|
9 446
-1%
|
9 526
+1%
|
10 252
+8%
|
10 804
+5%
|
12 446
+15%
|
13 619
+9%
|
12 868
-6%
|
12 144
-6%
|
11 901
-2%
|
11 856
0%
|
13 115
+11%
|
13 597
+4%
|
13 142
-3%
|
13 080
0%
|
13 029
0%
|
14 241
+9%
|
15 581
+9%
|
16 491
+6%
|
17 021
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2 743)
|
(2 698)
|
(2 786)
|
(2 851)
|
(2 753)
|
(2 770)
|
(2 794)
|
(2 709)
|
(2 995)
|
(3 033)
|
(2 972)
|
(3 112)
|
(3 046)
|
(3 119)
|
(3 123)
|
(3 103)
|
(3 070)
|
(3 047)
|
(3 023)
|
(3 069)
|
(2 953)
|
(2 934)
|
(2 980)
|
(3 019)
|
(3 261)
|
(3 508)
|
(3 999)
|
(4 073)
|
(3 716)
|
(3 315)
|
(3 241)
|
(3 554)
|
(4 070)
|
(4 410)
|
(4 278)
|
(4 267)
|
(4 246)
|
(4 627)
|
(5 038)
|
(4 892)
|
(4 900)
|
|
Income from Continuing Operations |
3 914
|
3 992
|
4 188
|
4 411
|
4 386
|
4 465
|
4 550
|
4 552
|
4 999
|
5 243
|
5 374
|
5 840
|
5 824
|
6 211
|
6 436
|
6 589
|
6 689
|
6 863
|
6 780
|
6 868
|
6 593
|
6 571
|
6 466
|
6 507
|
6 991
|
7 296
|
8 447
|
9 546
|
9 152
|
8 829
|
8 660
|
8 302
|
9 045
|
9 187
|
8 864
|
8 813
|
8 783
|
9 614
|
10 543
|
11 599
|
12 121
|
|
Net Income (Common) |
3 912
N/A
|
3 992
+2%
|
4 189
+5%
|
4 412
+5%
|
4 386
-1%
|
4 465
+2%
|
4 549
+2%
|
4 551
+0%
|
4 999
+10%
|
5 242
+5%
|
5 374
+3%
|
5 840
+9%
|
5 823
0%
|
6 211
+7%
|
6 435
+4%
|
6 589
+2%
|
6 689
+2%
|
6 862
+3%
|
6 780
-1%
|
6 867
+1%
|
6 592
-4%
|
6 571
0%
|
6 466
-2%
|
6 506
+1%
|
6 992
+7%
|
7 296
+4%
|
8 447
+16%
|
9 547
+13%
|
9 151
-4%
|
8 828
-4%
|
8 659
-2%
|
8 300
-4%
|
9 045
+9%
|
9 187
+2%
|
8 864
-4%
|
8 814
-1%
|
8 783
0%
|
9 614
+9%
|
10 543
+10%
|
11 598
+10%
|
12 120
+5%
|
|
EPS (Diluted) |
186.28
N/A
|
190.09
+2%
|
199.47
+5%
|
210.09
+5%
|
208.85
-1%
|
213.97
+2%
|
216.61
+1%
|
216.71
+0%
|
238.04
+10%
|
251.21
+6%
|
255.9
+2%
|
278.09
+9%
|
277.28
0%
|
297.65
+7%
|
306.42
+3%
|
313.76
+2%
|
318.52
+2%
|
328.85
+3%
|
322.85
-2%
|
327
+1%
|
315.91
-3%
|
314.9
0%
|
309.86
-2%
|
311.78
+1%
|
335.07
+7%
|
349.65
+4%
|
404.8
+16%
|
457.52
+13%
|
438.54
-4%
|
423.07
-4%
|
414.97
-2%
|
397.76
-4%
|
433.47
+9%
|
440.27
+2%
|
424.79
-4%
|
422.57
-1%
|
421.36
0%
|
461.02
+9%
|
505.27
+10%
|
556.95
+10%
|
581.43
+4%
|