Kyowa Kirin Co., Ltd. (TYO:4151)

Kyowa Kirin 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
Revenue	495,558	442,233	398,371	352,246	318,352
Revenue Growth (YoY)	12.06%	11.01%	13.10%	10.65%	4.10%
Cost of Revenue	132,611	111,207	86,915	87,849	80,440
Gross Profit	362,947	331,026	311,456	264,397	237,912
Selling, General & Admin	155,807	163,078	166,185	135,105	116,525
Research & Development	103,544	72,106	62,896	57,679	52,312
Other Operating Expenses	1,655	-	-	747	4,749
Operating Expenses	272,736	235,184	229,081	204,034	183,671
Operating Income	90,211	95,842	82,375	60,363	54,241
Interest Expense	-610	-214	-344	-244	-245
Interest & Investment Income	1,766	707	704	790	732
Earnings From Equity Investments	3,539	943	4,323	4,575	964
Currency Exchange Gain (Loss)	-783	4,166	2,588	-539	450
Other Non Operating Income (Expenses)	525	-1,973	-1,700	472	987
EBT Excluding Unusual Items	94,648	99,471	87,946	65,417	57,129
Merger & Restructuring Charges	-12,921	-6,245	-2,394	-81	-2,009
Gain (Loss) on Sale of Investments	7,372	7,252	-	-	-
Gain (Loss) on Sale of Assets	2,460	7,547	-	-	-
Asset Writedown	-8,106	-10,779	-17,979	-5,286	-2,857
Pretax Income	83,453	97,246	67,573	60,050	52,263
Income Tax Expense	23,583	16,058	14,000	7,703	5,236
Earnings From Continuing Operations	59,870	81,188	53,573	52,347	47,027
Net Income	59,870	81,188	53,573	52,347	47,027
Net Income to Common	59,870	81,188	53,573	52,347	47,027
Net Income Growth	-26.26%	51.55%	2.34%	11.31%	-29.90%
Shares Outstanding (Basic)	530	538	537	537	537
Shares Outstanding (Diluted)	530	538	538	538	537
Shares Change (YoY)	-1.50%	0.01%	0.01%	0.01%	-0.28%
EPS (Basic)	113.06	151.03	99.68	97.43	87.56
EPS (Diluted)	113.06	151.01	99.66	97.39	87.50
EPS Growth	-25.13%	51.52%	2.33%	11.30%	-29.69%
Free Cash Flow	41,847	98,338	33,108	80,026	29,387
Free Cash Flow Per Share	79.02	182.91	61.59	148.88	54.68
Dividend Per Share	58.000	56.000	51.000	46.000	44.000
Dividend Growth	3.57%	9.80%	10.87%	4.54%	4.76%
Gross Margin	73.24%	74.85%	78.18%	75.06%	74.73%
Operating Margin	18.20%	21.67%	20.68%	17.14%	17.04%
Profit Margin	12.08%	18.36%	13.45%	14.86%	14.77%
Free Cash Flow Margin	8.44%	22.24%	8.31%	22.72%	9.23%
EBITDA	114,991	113,035	96,900	79,861	74,707
EBITDA Margin	23.20%	25.56%	24.32%	22.67%	23.47%
D&A For EBITDA	24,780	17,193	14,525	19,498	20,466
EBIT	90,211	95,842	82,375	60,363	54,241
EBIT Margin	18.20%	21.67%	20.68%	17.14%	17.04%
Effective Tax Rate	28.26%	16.51%	20.72%	12.83%	10.02%
Advertising Expenses	18,257	29,845	47,333	38,558	30,278

Source: S&P Global Market Intelligence. Standard template. Financial Sources.