Ezaki Glico Co., Ltd. (TYO: 2206)

Ezaki Glico Income Statement

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	333,479	332,590	303,921	338,571	344,048	366,756
Revenue Growth (YoY)	4.90%	9.43%	-10.23%	-1.59%	-6.19%	3.77%
Cost of Revenue	204,803	208,740	193,172	180,537	181,640	191,706
Gross Profit	128,676	123,850	110,749	158,034	162,408	175,050
Selling, General & Admin	105,866	101,823	94,441	130,981	136,572	151,557
Other Operating Expenses	-	-	-	4,106	3,730	2,588
Operating Expenses	109,369	105,326	98,019	138,870	144,091	159,632
Operating Income	19,307	18,524	12,730	19,164	18,317	15,418
Interest Expense	-93	-93	-96	-37	-32	-30
Interest & Investment Income	1,533	1,256	1,207	1,411	1,032	1,292
Earnings From Equity Investments	813	813	460	467	-	-
Currency Exchange Gain (Loss)	-1,107	261	-1,002	261	-258	-277
Other Non Operating Income (Expenses)	441	663	857	1,083	1,385	1,673
EBT Excluding Unusual Items	20,894	21,424	14,156	22,349	20,444	18,076
Gain (Loss) on Sale of Investments	1,713	-323	1,356	-1,233	-	5,289
Gain (Loss) on Sale of Assets	-212	-139	-512	105	503	1,029
Asset Writedown	-1,018	-1,018	-419	-119	-555	-3,510
Other Unusual Items	-5,674	-1	-647	-296	-710	-698
Pretax Income	15,703	19,943	13,934	20,806	19,682	20,186
Income Tax Expense	5,645	5,724	5,779	7,239	7,040	8,137
Earnings From Continuing Operations	10,058	14,219	8,155	13,567	12,642	12,049
Minority Interest in Earnings	-75	-86	-56	-48	-806	-316
Net Income	9,983	14,133	8,099	13,519	11,836	11,733
Net Income to Common	9,983	14,133	8,099	13,519	11,836	11,733
Net Income Growth	-10.81%	74.50%	-40.09%	14.22%	0.88%	-22.89%
Shares Outstanding (Basic)	64	64	64	65	65	65
Shares Outstanding (Diluted)	64	64	64	65	65	65
Shares Change (YoY)	0.01%	-0.62%	-1.34%	-0.01%	-0.53%	-0.86%
EPS (Basic)	156.98	222.25	126.58	208.45	182.47	179.92
EPS (Diluted)	156.98	222.25	126.58	208.45	182.47	179.92
EPS Growth	-10.82%	75.58%	-39.28%	14.23%	1.42%	-22.22%
Free Cash Flow	16,313	16,242	-1,583	12,097	6,311	1,427
Free Cash Flow Per Share	256.52	255.42	-24.74	186.52	97.30	21.88
Dividend Per Share	85.000	80.000	70.000	70.000	65.000	95.000
Dividend Growth	13.33%	14.29%	0%	7.69%	-31.58%	90.00%
Gross Margin	38.59%	37.24%	36.44%	46.68%	47.20%	47.73%
Operating Margin	5.79%	5.57%	4.19%	5.66%	5.32%	4.20%
Profit Margin	2.99%	4.25%	2.66%	3.99%	3.44%	3.20%
Free Cash Flow Margin	4.89%	4.88%	-0.52%	3.57%	1.83%	0.39%
EBITDA	34,013	32,540	26,626	33,413	32,894	29,878
EBITDA Margin	10.20%	9.78%	8.76%	9.87%	9.56%	8.15%
D&A For EBITDA	14,706	14,016	13,896	14,249	14,577	14,460
EBIT	19,307	18,524	12,730	19,164	18,317	15,418
EBIT Margin	5.79%	5.57%	4.19%	5.66%	5.32%	4.20%
Effective Tax Rate	35.95%	28.70%	41.47%	34.79%	35.77%	40.31%
Advertising Expenses	-	23,614	19,213	53,767	61,242	-

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