Obayashi Corporation (TYO: 1802)

Obayashi 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
Operating Revenue	2,412,424	2,325,162	1,983,888	1,922,884	1,766,892	2,073,042
Other Revenue	-	-	-	-	1	1
Revenue	2,412,424	2,325,162	1,983,888	1,922,884	1,766,893	2,073,043
Revenue Growth (YoY)	17.05%	17.20%	3.17%	8.83%	-14.77%	1.64%
Cost of Revenue	2,178,075	2,105,560	1,767,318	1,768,544	1,541,108	1,817,495
Gross Profit	234,349	219,602	216,570	154,340	225,785	255,548
Selling, General & Admin	120,101	116,560	107,439	97,447	88,961	88,941
Research & Development	16,538	16,538	15,330	15,841	13,661	13,734
Operating Expenses	143,761	140,220	122,769	113,288	102,622	102,675
Operating Income	90,588	79,382	93,801	41,052	123,163	152,873
Interest Expense	-4,129	-3,530	-2,485	-2,019	-1,866	-1,800
Interest & Investment Income	11,780	11,105	8,502	7,708	6,988	9,587
Currency Exchange Gain (Loss)	3,091	3,439	1,849	2,678	-	-1,294
Other Non Operating Income (Expenses)	1,168	1,117	-865	424	498	-362
EBT Excluding Unusual Items	102,498	91,513	100,802	49,843	128,783	159,004
Gain (Loss) on Sale of Investments	39,546	22,832	13,401	8,751	5,362	1,601
Gain (Loss) on Sale of Assets	-	-	-193	-	1,125	-
Asset Writedown	-7,109	-7,109	-516	-	-1,795	-511
Other Unusual Items	163	-132	212	-2,314	1,096	2,407
Pretax Income	135,098	107,104	113,706	56,280	134,571	162,501
Income Tax Expense	38,240	29,926	33,848	14,827	33,728	45,340
Earnings From Continuing Operations	96,858	77,178	79,858	41,453	100,843	117,161
Minority Interest in Earnings	-2,543	-2,119	-2,187	-2,326	-2,063	-4,068
Net Income	94,315	75,059	77,671	39,127	98,780	113,093
Net Income to Common	94,315	75,059	77,671	39,127	98,780	113,093
Net Income Growth	29.23%	-3.36%	98.51%	-60.39%	-12.66%	-0.05%
Shares Outstanding (Basic)	717	717	717	717	718	718
Shares Outstanding (Diluted)	717	717	717	717	718	718
Shares Change (YoY)	0.01%	0.01%	-0.04%	-0.06%	0.00%	-0.02%
EPS (Basic)	131.54	104.69	108.34	54.55	137.64	157.59
EPS (Diluted)	131.54	104.69	108.34	54.55	137.64	157.59
EPS Growth	29.22%	-3.37%	98.60%	-60.37%	-12.66%	-0.04%
Free Cash Flow	-	-27,992	131,867	11,667	-32,628	190,157
Free Cash Flow Per Share	-	-39.04	183.93	16.27	-45.46	264.97
Dividend Per Share	75.000	75.000	42.000	32.000	32.000	32.000
Dividend Growth	78.57%	78.57%	31.25%	0%	0%	0%
Gross Margin	9.71%	9.44%	10.92%	8.03%	12.78%	12.33%
Operating Margin	3.76%	3.41%	4.73%	2.13%	6.97%	7.37%
Profit Margin	3.91%	3.23%	3.92%	2.03%	5.59%	5.46%
Free Cash Flow Margin	-	-1.20%	6.65%	0.61%	-1.85%	9.17%
EBITDA	118,499	106,499	117,742	61,743	143,201	172,753
EBITDA Margin	4.91%	4.58%	5.93%	3.21%	8.10%	8.33%
D&A For EBITDA	27,911	27,117	23,941	20,691	20,038	19,880
EBIT	90,588	79,382	93,801	41,052	123,163	152,873
EBIT Margin	3.75%	3.41%	4.73%	2.13%	6.97%	7.37%
Effective Tax Rate	28.31%	27.94%	29.77%	26.34%	25.06%	27.90%

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