NEC Networks & System Integration Corporation (TYO:1973)

TYO:1973 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	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	375,844	359,505	320,802	310,334	339,109	303,616
Revenue Growth (YoY)	7.89%	12.06%	3.37%	-8.49%	11.69%	9.23%
Cost of Revenue	300,052	288,276	254,257	246,861	275,179	249,242
Gross Profit	75,792	71,229	66,545	63,473	63,930	54,374
Selling, General & Admin	46,724	46,102	43,746	40,292	38,362	38,128
Operating Expenses	46,730	46,108	43,794	40,292	38,366	38,128
Operating Income	29,062	25,121	22,751	23,181	25,564	16,246
Interest Expense	-305	-371	-219	-101	-97	-112
Interest & Investment Income	46	16	16	14	22	38
Earnings From Equity Investments	-	-	71	-	-	-
Currency Exchange Gain (Loss)	-130	-	-	-	-	-95
Other Non Operating Income (Expenses)	381	107	350	575	194	159
EBT Excluding Unusual Items	29,054	24,873	22,969	23,669	25,683	16,236
Gain (Loss) on Sale of Investments	-2,094	-720	-147	141	228	-116
Gain (Loss) on Sale of Assets	-190	-190	-	-120	-191	-184
Asset Writedown	-321	-	-	-	-	-1,788
Other Unusual Items	-1	-	-678	-324	-976	-1,627
Pretax Income	26,448	23,963	22,144	23,366	24,744	12,521
Income Tax Expense	8,786	8,243	7,264	8,310	8,360	2,763
Earnings From Continuing Operations	17,662	15,720	14,880	15,056	16,384	9,758
Minority Interest in Earnings	-396	-391	-1,067	-35	-639	-336
Net Income	17,266	15,329	13,813	15,021	15,745	9,422
Net Income to Common	17,266	15,329	13,813	15,021	15,745	9,422
Net Income Growth	12.12%	10.98%	-8.04%	-4.60%	67.11%	6.04%
Shares Outstanding (Basic)	149	149	149	149	149	149
Shares Outstanding (Diluted)	149	149	149	149	149	149
Shares Change (YoY)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
EPS (Basic)	115.90	102.90	92.74	100.85	105.72	63.27
EPS (Diluted)	115.90	102.90	92.74	100.85	105.72	63.27
EPS Growth	12.11%	10.97%	-8.05%	-4.61%	67.10%	6.04%
Free Cash Flow	30,214	17,555	1,507	19,247	14,358	9,931
Free Cash Flow Per Share	202.81	117.85	10.12	129.23	96.41	66.69
Dividend Per Share	52.500	49.000	46.000	43.000	35.000	27.333
Dividend Growth	10.53%	6.52%	6.98%	22.86%	28.05%	5.13%
Gross Margin	20.17%	19.81%	20.74%	20.45%	18.85%	17.91%
Operating Margin	7.73%	6.99%	7.09%	7.47%	7.54%	5.35%
Profit Margin	4.59%	4.26%	4.31%	4.84%	4.64%	3.10%
Free Cash Flow Margin	8.04%	4.88%	0.47%	6.20%	4.23%	3.27%
EBITDA	32,858	28,915	27,156	26,731	29,058	20,065
EBITDA Margin	8.74%	8.04%	8.46%	8.61%	8.57%	6.61%
D&A For EBITDA	3,796	3,794	4,405	3,550	3,494	3,819
EBIT	29,062	25,121	22,751	23,181	25,564	16,246
EBIT Margin	7.73%	6.99%	7.09%	7.47%	7.54%	5.35%
Effective Tax Rate	33.22%	34.40%	32.80%	35.56%	33.79%	22.07%

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