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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	3,021	3,025	3,053	3,085	3,108	3,163
Revenue Growth (YoY)	-0.46%	-0.92%	-1.04%	-0.74%	-1.74%	-6.61%
Cost of Revenue	2,876	2,725	2,729	2,703	2,657	2,704
Gross Profit	145	300	324	382	451	459
Selling, General & Admin	193	190	190	194	202	200
Other Operating Expenses	115	115	118	116	116	108
Operating Expenses	314	311	314	320	326	316
Operating Income	-169	-11	10	62	125	143
Interest Expense	-21	-22	-24	-26	-27	-28
Interest & Investment Income	41	18	-	-	-	-
Other Non Operating Income (Expenses)	33	72	66	42	63	64
EBT Excluding Unusual Items	-116	57	52	78	161	179
Gain (Loss) on Sale of Investments	-	-	-	1	-	-
Pretax Income	-116	57	52	79	161	179
Income Tax Expense	35	15	7	6	61	71
Net Income	-151	42	45	73	100	108
Net Income to Common	-151	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)	-72.28	20.10	21.54	34.94	47.87	51.69
EPS (Diluted)	-72.28	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	-76	91	435	9	-13	-65
Free Cash Flow Per Share	-36.38	43.56	208.21	4.31	-6.22	-31.11
Gross Margin	4.80%	9.92%	10.61%	12.38%	14.51%	14.51%
Operating Margin	-5.59%	-0.36%	0.33%	2.01%	4.02%	4.52%
Profit Margin	-5.00%	1.39%	1.47%	2.37%	3.22%	3.41%
Free Cash Flow Margin	-2.52%	3.01%	14.25%	0.29%	-0.42%	-2.06%
EBITDA	-100	52	70	126	184	197
EBITDA Margin	-3.31%	1.72%	2.29%	4.08%	5.92%	6.23%
D&A For EBITDA	69	63	60	64	59	54
EBIT	-169	-11	10	62	125	143
EBIT Margin	-5.59%	-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.