Hikari Heights-Varus Co.,Ltd. (SPSE: 2137)

Hikari Heights-Varus Co.,Ltd. Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	3,011	3,025	3,053	3,085	3,108	3,163
Revenue Growth (YoY)	-0.82%	-0.92%	-1.04%	-0.74%	-1.74%	-6.61%
Cost of Revenue	2,813	2,725	2,729	2,703	2,657	2,704
Gross Profit	198	300	324	382	451	459
Selling, General & Admin	194	190	190	194	202	200
Other Operating Expenses	115	115	118	116	116	108
Operating Expenses	315	311	314	320	326	316
Operating Income	-117	-11	10	62	125	143
Interest Expense	-22	-22	-24	-26	-27	-28
Interest & Investment Income	27	18	-	-	-	-
Other Non Operating Income (Expenses)	74	72	66	42	63	64
EBT Excluding Unusual Items	-38	57	52	78	161	179
Gain (Loss) on Sale of Investments	-	-	-	1	-	-
Pretax Income	-38	57	52	79	161	179
Income Tax Expense	-11	15	7	6	61	71
Net Income	-27	42	45	73	100	108
Net Income to Common	-27	42	45	73	100	108
Net Income Growth	-	-6.67%	-38.36%	-27.00%	-7.41%	-54.62%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
EPS (Basic)	-12.92	20.10	21.54	34.94	47.87	51.69
EPS (Diluted)	-12.92	20.10	21.54	34.94	47.87	51.69
EPS Growth	-	-6.67%	-38.36%	-27.00%	-7.41%	-54.62%
Free Cash Flow	-	91	435	9	-13	-65
Free Cash Flow Per Share	-	43.56	208.21	4.31	-6.22	-31.11
Gross Margin	6.58%	9.92%	10.61%	12.38%	14.51%	14.51%
Operating Margin	-3.89%	-0.36%	0.33%	2.01%	4.02%	4.52%
Profit Margin	-0.90%	1.39%	1.47%	2.37%	3.22%	3.41%
Free Cash Flow Margin	-	3.01%	14.25%	0.29%	-0.42%	-2.06%
EBITDA	-53.25	52	70	126	184	197
EBITDA Margin	-1.77%	1.72%	2.29%	4.08%	5.92%	6.23%
D&A For EBITDA	63.75	63	60	64	59	54
EBIT	-117	-11	10	62	125	143
EBIT Margin	-3.89%	-0.36%	0.33%	2.01%	4.02%	4.52%
Effective Tax Rate	-	26.32%	13.46%	7.59%	37.89%	39.66%
Advertising Expenses	-	16	11	13	11	17

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