Nissan Chemical Corporation (TYO: 4021)

Nissan Chemical 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	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	230,454	226,705	228,065	207,972	209,121	206,837
Revenue Growth (YoY)	2.55%	-0.60%	9.66%	-0.55%	1.10%	0.95%
Cost of Revenue	125,036	121,930	121,262	106,883	121,376	122,379
Gross Profit	105,418	104,775	106,803	101,089	87,745	84,458
Selling, General & Admin	57,787	47,107	45,296	41,219	37,203	37,963
Research & Development	-	5,153	5,149	5,052	4,381	4,492
Operating Expenses	57,787	56,572	54,519	50,129	45,214	45,810
Operating Income	47,631	48,203	52,284	50,960	42,531	38,648
Interest Expense	-635	-526	-252	-73	-69	-123
Interest & Investment Income	1,720	1,721	1,526	817	997	811
Earnings From Equity Investments	134	536	1,485	950	1,123	945
Currency Exchange Gain (Loss)	2,005	2,210	1,296	1,134	-52	-235
Other Non Operating Income (Expenses)	715	428	275	699	59	398
EBT Excluding Unusual Items	51,570	52,572	56,614	54,487	44,589	40,444
Gain (Loss) on Sale of Investments	979	979	811	2,263	1,588	1,834
Gain (Loss) on Sale of Assets	-792	-945	-822	-798	-696	-443
Asset Writedown	-823	-823	-	-	-	-
Other Unusual Items	-169	-	-	-1,793	-	-834
Pretax Income	50,765	51,783	56,603	54,159	45,481	41,001
Income Tax Expense	13,333	13,578	15,187	15,026	11,986	10,138
Earnings From Continuing Operations	37,432	38,205	41,416	39,133	33,495	30,863
Minority Interest in Earnings	-45	-172	-329	-357	-25	-84
Net Income	37,387	38,033	41,087	38,776	33,470	30,779
Net Income to Common	37,387	38,033	41,087	38,776	33,470	30,779
Net Income Growth	-5.24%	-7.43%	5.96%	15.85%	8.74%	4.79%
Shares Outstanding (Basic)	139	139	141	143	144	147
Shares Outstanding (Diluted)	139	139	141	143	144	147
Shares Change (YoY)	-1.20%	-1.14%	-1.12%	-1.26%	-1.41%	-1.40%
EPS (Basic)	268.98	272.82	291.36	271.88	231.72	210.08
EPS (Diluted)	268.98	272.82	291.36	271.88	231.72	210.08
EPS Growth	-4.08%	-6.36%	7.17%	17.33%	10.30%	6.28%
Free Cash Flow	21,923	15,110	16,990	30,696	31,685	26,646
Free Cash Flow Per Share	157.73	108.39	120.48	215.22	219.37	181.87
Dividend Per Share	164.000	164.000	164.000	122.000	104.000	90.000
Dividend Growth	0%	0%	34.43%	17.31%	15.56%	9.76%
Gross Margin	45.74%	46.22%	46.83%	48.61%	41.96%	40.83%
Operating Margin	20.67%	21.26%	22.93%	24.50%	20.34%	18.69%
Profit Margin	16.22%	16.78%	18.02%	18.64%	16.01%	14.88%
Free Cash Flow Margin	9.51%	6.67%	7.45%	14.76%	15.15%	12.88%
EBITDA	62,240	62,004	63,263	61,182	52,955	49,192
EBITDA Margin	27.01%	27.35%	27.74%	29.42%	25.32%	23.78%
D&A For EBITDA	14,609	13,801	10,979	10,222	10,424	10,544
EBIT	47,631	48,203	52,284	50,960	42,531	38,648
EBIT Margin	20.67%	21.26%	22.93%	24.50%	20.34%	18.69%
Effective Tax Rate	26.26%	26.22%	26.83%	27.74%	26.35%	24.73%

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