Maruha Nichiro Corporation (TYO:1333)

Maruha Nichiro Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	1,085,300	1,078,631	1,030,674	1,020,456	866,702	862,585
Revenue Growth (YoY)	4.69%	4.65%	1.00%	17.74%	0.48%	-4.71%
Cost of Revenue	936,865	933,033	896,856	885,201	746,205	746,382
Gross Profit	148,435	145,598	133,818	135,255	120,497	116,203
Selling, General & Admin	116,282	115,216	107,284	105,678	96,677	99,994
Operating Expenses	116,282	115,216	107,284	106,121	96,677	99,994
Operating Income	32,153	30,382	26,534	29,134	23,820	16,209
Interest Expense	-4,231	-4,195	-3,454	-2,281	-1,402	-1,509
Interest & Investment Income	1,474	1,557	1,147	1,001	890	887
Earnings From Equity Investments	-457	-224	356	1,113	808	483
Currency Exchange Gain (Loss)	-188	1,714	3,285	2,340	759	246
Other Non Operating Income (Expenses)	2,978	3,019	3,237	2,192	2,721	1,812
EBT Excluding Unusual Items	31,729	32,253	31,105	33,499	27,596	18,128
Gain (Loss) on Sale of Investments	12,718	10,903	-424	1,095	220	97
Gain (Loss) on Sale of Assets	81	157	84	311	1,149	-763
Asset Writedown	-1,293	-1,303	-797	-385	-1,100	-2,143
Legal Settlements	-	-	-2,429	-	-	-
Other Unusual Items	-5	-66	8,351	-2,976	-348	-4,759
Pretax Income	43,230	41,944	35,890	31,544	27,517	10,560
Income Tax Expense	12,863	12,120	11,169	7,058	7,197	1,637
Earnings From Continuing Operations	30,367	29,824	24,721	24,486	20,320	8,923
Minority Interest in Earnings	-7,144	-6,560	-3,868	-5,890	-3,422	-3,145
Net Income	23,223	23,264	20,853	18,596	16,898	5,778
Net Income to Common	23,223	23,264	20,853	18,596	16,898	5,778
Net Income Growth	11.97%	11.56%	12.14%	10.05%	192.45%	-53.91%
Shares Outstanding (Basic)	50	50	50	51	53	53
Shares Outstanding (Diluted)	50	50	50	51	53	53
Shares Change (YoY)	-0.04%	-0.10%	-1.40%	-2.83%	-0.00%	-0.00%
EPS (Basic)	461.05	461.88	413.60	363.67	321.12	109.80
EPS (Diluted)	461.05	461.88	413.60	363.67	321.12	109.80
EPS Growth	12.03%	11.67%	13.73%	13.25%	192.47%	-53.91%
Free Cash Flow	-	20,176	36,938	-20,383	4,431	10,590
Free Cash Flow Per Share	-	400.57	732.64	-398.62	84.20	201.24
Dividend Per Share	110.000	110.000	85.000	65.000	55.000	40.000
Dividend Growth	29.41%	29.41%	30.77%	18.18%	37.50%	-
Gross Margin	-	13.50%	12.98%	13.25%	13.90%	13.47%
Operating Margin	2.96%	2.82%	2.57%	2.85%	2.75%	1.88%
Profit Margin	2.14%	2.16%	2.02%	1.82%	1.95%	0.67%
Free Cash Flow Margin	-	1.87%	3.58%	-2.00%	0.51%	1.23%
EBITDA	51,390	49,350	44,427	45,829	41,570	33,377
EBITDA Margin	-	4.58%	4.31%	4.49%	4.80%	3.87%
D&A For EBITDA	19,237	18,968	17,893	16,695	17,750	17,168
EBIT	32,153	30,382	26,534	29,134	23,820	16,209
EBIT Margin	-	2.82%	2.57%	2.85%	2.75%	1.88%
Effective Tax Rate	-	28.90%	31.12%	22.38%	26.16%	15.50%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.