Nissin Foods Holdings Co.,Ltd. (TYO:2897)

Nissin Foods Holdings 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	766,288	732,933	669,248	569,722	506,107	468,879
Revenue Growth (YoY)	6.92%	9.52%	17.47%	12.57%	7.94%	3.97%
Cost of Revenue	497,726	474,303	448,170	375,219	324,350	301,599
Gross Profit	268,562	258,630	221,078	194,503	181,757	167,280
Selling, General & Admin	212,273	197,252	173,823	151,518	136,590	129,485
Other Operating Expenses	3,456	598	-65	-501	609	-165
Operating Expenses	215,729	197,850	173,758	151,017	137,199	129,320
Operating Income	52,833	60,780	47,320	43,486	44,558	37,960
Interest Expense	-1,622	-584	-689	-487	-566	-583
Interest & Investment Income	4,391	3,913	3,222	2,653	1,872	2,455
Earnings From Equity Investments	12,469	13,038	7,998	3,656	5,435	4,543
Currency Exchange Gain (Loss)	-	218	-235	320	-399	-501
Other Non Operating Income (Expenses)	-2	407	787	373	904	342
EBT Excluding Unusual Items	68,069	77,772	58,403	50,001	51,804	44,216
Gain (Loss) on Sale of Investments	-	-	-	-	4,589	-383
Gain (Loss) on Sale of Assets	-	-380	-278	-389	11	124
Asset Writedown	-	-478	-177	-431	-172	-1,308
Pretax Income	68,069	76,914	57,948	49,181	56,232	42,649
Income Tax Expense	15,595	18,197	9,568	10,927	12,893	11,528
Earnings From Continuing Operations	52,474	58,717	48,380	38,254	43,339	31,121
Minority Interest in Earnings	-3,778	-4,547	-3,620	-2,842	-2,511	-1,805
Net Income	48,696	54,170	44,760	35,412	40,828	29,316
Net Income to Common	48,696	54,170	44,760	35,412	40,828	29,316
Net Income Growth	-17.31%	21.02%	26.40%	-13.27%	39.27%	51.46%
Shares Outstanding (Basic)	301	304	305	309	313	312
Shares Outstanding (Diluted)	303	306	306	311	314	314
Shares Change (YoY)	-1.02%	-0.17%	-1.47%	-1.04%	0.04%	0.04%
EPS (Basic)	161.83	178.16	146.94	114.49	130.64	93.81
EPS (Diluted)	160.80	177.04	146.04	113.84	129.90	93.31
EPS Growth	-16.46%	21.22%	28.28%	-12.36%	39.21%	51.40%
Free Cash Flow	-11,183	32,035	39,530	29,178	41,412	19,600
Free Cash Flow Per Share	-36.93	104.70	128.98	93.80	131.75	62.38
Dividend Per Share	75.033	66.700	46.667	40.000	36.667	36.667
Dividend Growth	45.23%	42.93%	16.67%	9.09%	0%	0%
Gross Margin	35.05%	35.29%	33.03%	34.14%	35.91%	35.68%
Operating Margin	6.89%	8.29%	7.07%	7.63%	8.80%	8.10%
Profit Margin	6.35%	7.39%	6.69%	6.22%	8.07%	6.25%
Free Cash Flow Margin	-1.46%	4.37%	5.91%	5.12%	8.18%	4.18%
EBITDA	85,703	92,042	76,518	71,726	69,921	63,151
EBITDA Margin	11.18%	12.56%	11.43%	12.59%	13.82%	13.47%
D&A For EBITDA	32,870	31,262	29,198	28,240	25,363	25,191
EBIT	52,833	60,780	47,320	43,486	44,558	37,960
EBIT Margin	6.89%	8.29%	7.07%	7.63%	8.80%	8.10%
Effective Tax Rate	22.91%	23.66%	16.51%	22.22%	22.93%	27.03%
Advertising Expenses	-	40,982	35,635	29,907	28,146	26,748

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