Hamamatsu Photonics K.K. (HPHTF)

Hamamatsu Photonics K.K. Income Statement

Financials in millions JPY. Fiscal year is October - September.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Revenue	207,505	221,445	208,803	169,026	140,251	145,912
Revenue Growth (YoY)	-6.33%	6.05%	23.53%	20.52%	-3.88%	1.09%
Cost of Revenue	100,506	101,439	96,421	85,631	71,774	71,916
Gross Profit	106,999	120,006	112,382	83,395	68,477	73,996
Selling, General & Admin	52,222	47,575	40,769	34,179	31,734	33,027
Research & Development	12,304	12,304	11,269	11,367	12,147	13,071
Operating Expenses	67,977	63,330	55,398	49,077	46,724	48,592
Operating Income	39,022	56,676	56,984	34,318	21,753	25,404
Interest Expense	-143	-120	-82	-53	-55	-55
Interest & Investment Income	1,296	741	279	251	264	291
Earnings From Equity Investments	440	401	194	-3	17	225
Currency Exchange Gain (Loss)	924	774	671	-267	94	-179
Other Non Operating Income (Expenses)	662	628	832	296	618	591
EBT Excluding Unusual Items	42,201	59,100	58,878	34,542	22,691	26,277
Gain (Loss) on Sale of Investments	-37	-34	-16	-66	-63	-9
Gain (Loss) on Sale of Assets	380	384	24	172	58	-12
Asset Writedown	-539	-1,393	-735	-862	-650	-148
Other Unusual Items	1,532	462	516	968	221	111
Pretax Income	43,537	58,519	58,667	34,754	22,257	26,219
Income Tax Expense	12,563	15,480	17,191	9,530	5,674	6,232
Earnings From Continuing Operations	30,974	43,039	41,476	25,224	16,583	19,987
Minority Interest in Earnings	-209	-214	-181	-171	-60	-69
Net Income	30,765	42,825	41,295	25,053	16,523	19,918
Net Income to Common	30,765	42,825	41,295	25,053	16,523	19,918
Net Income Growth	-26.91%	3.71%	64.83%	51.63%	-17.04%	-6.14%
Shares Outstanding (Basic)	310	310	310	310	310	310
Shares Outstanding (Diluted)	310	310	310	310	310	310
Shares Change (YoY)	0.02%	0.01%	0.01%	0.01%	0.01%	-0.43%
EPS (Basic)	99.33	138.28	133.35	80.91	53.37	64.34
EPS (Diluted)	99.33	138.28	133.35	80.91	53.37	64.34
EPS Growth	-26.92%	3.70%	64.82%	51.61%	-17.05%	-5.73%
Free Cash Flow	-	4,702	28,011	22,099	5,909	16,891
Free Cash Flow Per Share	-	15.18	90.45	71.37	19.08	54.56
Dividend Per Share	38.000	38.000	36.000	24.000	20.000	20.000
Dividend Growth	90.00%	5.56%	50.00%	20.00%	0%	8.11%
Gross Margin	-	54.19%	53.82%	49.34%	48.82%	50.71%
Operating Margin	18.81%	25.59%	27.29%	20.30%	15.51%	17.41%
Profit Margin	14.83%	19.34%	19.78%	14.82%	11.78%	13.65%
Free Cash Flow Margin	-	2.12%	13.42%	13.07%	4.21%	11.58%
EBITDA	54,308	71,200	70,492	47,872	34,444	37,464
EBITDA Margin	-	32.15%	33.76%	28.32%	24.56%	25.68%
D&A For EBITDA	15,286	14,524	13,508	13,554	12,691	12,060
EBIT	39,022	56,676	56,984	34,318	21,753	25,404
EBIT Margin	-	25.59%	27.29%	20.30%	15.51%	17.41%
Effective Tax Rate	-	26.45%	29.30%	27.42%	25.49%	23.77%
Advertising Expenses	-	1,277	922	646	730	1,193

Source: S&P Capital IQ. Standard template. Financial Sources.