Kirin Holdings Company, Limited (TYO:2503)

Kirin Holdings Company Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,338,385	2,134,393	1,989,468	1,821,570	1,849,545
Revenue	2,338,385	2,134,393	1,989,468	1,821,570	1,849,545
Revenue Growth (YoY)	9.56%	7.28%	9.22%	-1.51%	-4.73%
Cost of Revenue	1,272,430	1,170,927	1,083,755	998,728	1,045,662
Gross Profit	1,065,955	963,466	905,713	822,842	803,883
Selling, General & Admin	854,987	634,402	598,421	549,606	641,768
Research & Development	-	84,895	74,271	69,612	-
Other Operating Expenses	20,539	17,322	25,822	18,973	22,129
Operating Expenses	875,526	779,293	740,376	676,385	663,897
Operating Income	190,429	184,173	165,337	146,457	139,986
Interest Expense	-6,900	-5,932	-4,894	-4,448	-4,890
Interest & Investment Income	11,100	4,728	4,497	2,718	2,752
Earnings From Equity Investments	37,035	32,773	22,780	34,490	24,752
Currency Exchange Gain (Loss)	1,400	4,307	5,281	876	-1,199
Other Non Operating Income (Expenses)	-28,254	-4,591	-385	-2,103	217
EBT Excluding Unusual Items	204,810	215,458	192,616	177,990	161,618
Merger & Restructuring Charges	-37,400	-2,784	-742	-2,026	-7,177
Gain (Loss) on Sale of Investments	-	10,934	48,088	23	-
Gain (Loss) on Sale of Assets	4,000	3,364	4,472	1,020	-271
Asset Writedown	-13,389	-29,923	-53,048	-77,390	-29,619
Other Unusual Items	-18,300	-	-	-	-
Pretax Income	139,721	197,049	191,386	99,617	124,551
Income Tax Expense	53,910	46,611	47,615	31,193	24,709
Earnings From Continuing Operations	85,811	150,438	143,771	68,424	99,842
Net Income to Company	85,811	150,438	143,771	68,424	99,842
Minority Interest in Earnings	-27,597	-37,741	-32,764	-8,634	-27,907
Net Income	58,214	112,697	111,007	59,790	71,935
Net Income to Common	58,214	112,697	111,007	59,790	71,935
Net Income Growth	-48.34%	1.52%	85.66%	-16.88%	20.61%
Shares Outstanding (Basic)	810	810	822	834	841
Shares Outstanding (Diluted)	810	810	822	834	841
Shares Change (YoY)	0.01%	-1.45%	-1.42%	-0.84%	-4.14%
EPS (Basic)	71.87	139.16	135.09	71.73	85.57
EPS (Diluted)	71.86	139.15	135.07	71.70	85.54
EPS Growth	-48.36%	3.02%	88.37%	-16.18%	25.83%
Free Cash Flow	62,260	89,396	37,083	132,968	71,813
Free Cash Flow Per Share	76.87	110.39	45.13	159.51	85.42
Dividend Per Share	71.000	71.000	69.000	65.000	65.000
Dividend Growth	0%	2.90%	6.15%	0%	1.56%
Gross Margin	45.59%	45.14%	45.53%	45.17%	43.46%
Operating Margin	8.14%	8.63%	8.31%	8.04%	7.57%
Profit Margin	2.49%	5.28%	5.58%	3.28%	3.89%
Free Cash Flow Margin	2.66%	4.19%	1.86%	7.30%	3.88%
EBITDA	286,131	271,400	251,274	227,587	198,448
EBITDA Margin	12.24%	12.72%	12.63%	12.49%	10.73%
D&A For EBITDA	95,702	87,227	85,937	81,130	58,462
EBIT	190,429	184,173	165,337	146,457	139,986
EBIT Margin	8.14%	8.63%	8.31%	8.04%	7.57%
Effective Tax Rate	38.58%	23.65%	24.88%	31.31%	19.84%
Advertising Expenses	-	165,765	166,032	163,074	150,287

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