Yakult Honsha Co.,Ltd. (TYO: 2267)

Yakult Honsha 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	505,343	503,079	483,071	415,116	385,706	406,004
Revenue Growth (YoY)	0.44%	4.14%	16.37%	7.62%	-5.00%	-0.25%
Cost of Revenue	203,061	203,166	194,593	166,699	158,885	171,378
Gross Profit	302,282	299,913	288,478	248,417	226,821	234,626
Selling, General & Admin	226,691	222,794	208,482	182,033	170,153	175,053
Research & Development	9,051	9,051	9,338	8,617	8,449	8,931
Operating Expenses	240,410	236,513	222,409	195,213	183,127	188,951
Operating Income	61,872	63,400	66,069	53,204	43,694	45,675
Interest Expense	-720	-660	-666	-680	-758	-876
Interest & Investment Income	15,532	13,693	8,006	5,224	5,732	7,533
Earnings From Equity Investments	862	2,060	2,638	6,432	3,910	5,066
Currency Exchange Gain (Loss)	756	-586	427	2,417	2,611	-282
Other Non Operating Income (Expenses)	4,021	1,393	1,496	1,951	2,411	568
EBT Excluding Unusual Items	82,323	79,300	77,970	68,548	57,600	57,684
Gain (Loss) on Sale of Investments	5,059	3,052	139	3,576	3,083	1,501
Gain (Loss) on Sale of Assets	286	218	575	-1,068	215	-
Asset Writedown	-1,540	-1,463	-2,538	-2,160	-859	-457
Other Unusual Items	-742	-741	2,382	582	-705	-
Pretax Income	85,386	80,366	78,528	69,478	59,334	58,728
Income Tax Expense	23,878	22,528	22,636	20,197	15,844	13,889
Earnings From Continuing Operations	61,508	57,838	55,892	49,281	43,490	44,839
Minority Interest in Earnings	-9,104	-6,832	-5,251	-4,364	-4,223	-5,103
Net Income	52,404	51,006	50,641	44,917	39,267	39,736
Net Income to Common	52,404	51,006	50,641	44,917	39,267	39,736
Net Income Growth	5.24%	0.72%	12.74%	14.39%	-1.18%	13.74%
Shares Outstanding (Basic)	306	310	312	320	321	320
Shares Outstanding (Diluted)	306	310	312	320	321	320
Shares Change (YoY)	-2.10%	-0.77%	-2.50%	-0.10%	0.11%	-0.08%
EPS (Basic)	171.51	164.52	162.09	140.18	122.42	124.02
EPS (Diluted)	171.51	164.52	162.09	140.18	122.42	124.02
EPS Growth	7.49%	1.50%	15.63%	14.50%	-1.29%	13.84%
Free Cash Flow	-	24,469	56,228	46,665	32,157	42,207
Free Cash Flow Per Share	-	78.92	179.97	145.63	100.26	131.73
Dividend Per Share	28.000	55.500	45.000	36.000	26.000	23.000
Dividend Growth	-44.00%	23.33%	25.00%	38.46%	13.04%	4.55%
Gross Margin	59.82%	59.62%	59.72%	59.84%	58.81%	57.79%
Operating Margin	12.24%	12.60%	13.68%	12.82%	11.33%	11.25%
Profit Margin	10.37%	10.14%	10.48%	10.82%	10.18%	9.79%
Free Cash Flow Margin	-	4.86%	11.64%	11.24%	8.34%	10.40%
EBITDA	90,230	91,241	91,402	76,973	65,807	67,999
EBITDA Margin	17.86%	18.14%	18.92%	18.54%	17.06%	16.75%
D&A For EBITDA	28,358	27,841	25,333	23,769	22,113	22,324
EBIT	61,872	63,400	66,069	53,204	43,694	45,675
EBIT Margin	12.24%	12.60%	13.68%	12.82%	11.33%	11.25%
Effective Tax Rate	27.96%	28.03%	28.83%	29.07%	26.70%	23.65%
Advertising Expenses	-	29,188	26,159	24,544	24,369	17,554

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