Nippon Paint Holdings Co., Ltd. (NPCPF)

Nippon Paint Holdings Income Statement

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,638,720	1,442,574	1,309,021	998,276	781,146
Revenue Growth (YoY)	13.60%	10.20%	31.13%	27.80%	12.88%
Cost of Revenue	981,275	866,449	821,487	619,953	457,685
Gross Profit	657,445	576,125	487,534	378,323	323,461
Selling, General & Admin	481,358	420,247	383,367	294,322	238,319
Other Operating Expenses	-11,562	-5,182	-2,873	-372	1,033
Operating Expenses	469,796	415,065	380,494	293,950	239,352
Operating Income	187,649	161,060	107,040	84,373	84,109
Interest Expense	-19,786	-8,838	-8,363	-5,594	-5,663
Interest & Investment Income	11,092	6,141	4,233	3,912	4,513
Earnings From Equity Investments	2,569	201	-577	2,186	1,649
Currency Exchange Gain (Loss)	-	42	289	-177	1,059
Other Non Operating Income (Expenses)	-2	2,007	2,289	3,131	3,502
EBT Excluding Unusual Items	181,522	160,613	104,911	87,831	89,169
Merger & Restructuring Charges	-	-	-2,206	-	-
Impairment of Goodwill	-	-	21	1,528	-
Gain (Loss) on Sale of Investments	-	568	281	-1,498	483
Gain (Loss) on Sale of Assets	-	1,305	1,486	-1,395	-667
Asset Writedown	-	-987	-	-	-272
Pretax Income	181,522	161,499	104,493	86,466	88,713
Income Tax Expense	52,848	42,502	25,042	19,245	20,539
Earnings From Continuing Operations	128,674	118,997	79,451	67,221	68,174
Earnings From Discontinued Operations	-	-	-	890	-
Net Income to Company	128,674	118,997	79,451	68,111	68,174
Minority Interest in Earnings	-1,337	-521	-33	-542	-23,526
Net Income	127,337	118,476	79,418	67,569	44,648
Net Income to Common	127,337	118,476	79,418	67,569	44,648
Net Income Growth	7.48%	49.18%	17.54%	51.34%	21.60%
Shares Outstanding (Basic)	2,349	2,349	2,348	2,297	1,604
Shares Outstanding (Diluted)	2,349	2,349	2,349	2,297	1,604
Shares Change (YoY)	0.00%	0.01%	2.22%	43.20%	0.02%
EPS (Basic)	54.22	50.45	33.82	29.41	27.83
EPS (Diluted)	54.21	50.44	33.82	29.41	27.83
EPS Growth	7.47%	49.15%	14.98%	5.70%	21.57%
Free Cash Flow	118,404	154,103	74,909	32,500	63,347
Free Cash Flow Per Share	50.41	65.61	31.90	14.15	39.48
Dividend Per Share	15.000	14.000	11.000	9.000	9.000
Dividend Growth	7.14%	27.27%	22.22%	0%	0%
Gross Margin	40.12%	39.94%	37.24%	37.90%	41.41%
Operating Margin	11.45%	11.16%	8.18%	8.45%	10.77%
Profit Margin	7.77%	8.21%	6.07%	6.77%	5.72%
Free Cash Flow Margin	7.23%	10.68%	5.72%	3.26%	8.11%
EBITDA	251,342	213,335	154,156	118,262	113,630
EBITDA Margin	15.34%	14.79%	11.78%	11.85%	14.55%
D&A For EBITDA	63,693	52,275	47,116	33,889	29,521
EBIT	187,649	161,060	107,040	84,373	84,109
EBIT Margin	11.45%	11.16%	8.18%	8.45%	10.77%
Effective Tax Rate	29.11%	26.32%	23.97%	22.26%	23.15%

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