Adeka Corporation (TYO: 4401)

Adeka 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	403,334	399,770	403,343	363,034	327,080	304,131
Revenue Growth (YoY)	1.80%	-0.89%	11.10%	10.99%	7.55%	1.60%
Cost of Revenue	295,753	295,079	305,124	266,511	240,348	224,575
Gross Profit	107,581	104,691	98,219	96,523	86,732	79,556
Selling, General & Admin	70,885	59,676	56,668	52,998	49,715	49,067
Research & Development	-	9,430	8,628	8,279	7,822	7,935
Operating Expenses	70,885	69,262	65,848	61,595	57,752	57,038
Operating Income	36,696	35,429	32,371	34,928	28,980	22,518
Interest Expense	-3,886	-3,723	-2,470	-855	-949	-1,116
Interest & Investment Income	3,222	3,176	2,479	1,242	1,036	1,290
Earnings From Equity Investments	474	537	512	463	428	534
Currency Exchange Gain (Loss)	1,922	2,000	644	-181	-999	-1,216
Other Non Operating Income (Expenses)	-1,088	-338	328	171	482	-35
EBT Excluding Unusual Items	37,340	37,081	33,864	35,768	28,978	21,975
Gain (Loss) on Sale of Investments	523	529	1,001	72	-15	1,193
Gain (Loss) on Sale of Assets	31	56	51	1,871	1,372	402
Asset Writedown	-657	-1,983	-5,591	-490	-687	-344
Other Unusual Items	-	-2	-134	-181	-1,928	-280
Pretax Income	37,237	35,681	29,191	37,040	27,720	22,946
Income Tax Expense	9,600	9,371	8,231	9,678	8,280	5,646
Earnings From Continuing Operations	27,637	26,310	20,960	27,362	19,440	17,300
Minority Interest in Earnings	-2,959	-3,333	-4,182	-3,618	-3,021	-2,084
Net Income	24,678	22,977	16,778	23,744	16,419	15,216
Net Income to Common	24,678	22,977	16,778	23,744	16,419	15,216
Net Income Growth	56.58%	36.95%	-29.34%	44.61%	7.91%	-10.78%
Shares Outstanding (Basic)	102	102	103	103	103	103
Shares Outstanding (Diluted)	102	102	103	103	103	103
Shares Change (YoY)	-0.44%	-0.55%	-0.39%	-0.11%	0.22%	0.14%
EPS (Basic)	241.64	224.86	163.30	230.20	159.01	147.69
EPS (Diluted)	241.64	224.86	163.30	230.20	159.01	147.69
EPS Growth	57.27%	37.70%	-29.06%	44.77%	7.66%	-10.91%
Free Cash Flow	-	22,483	2,765	10,487	23,944	10,592
Free Cash Flow Per Share	-	220.03	26.91	101.67	231.88	102.81
Dividend Per Share	90.000	90.000	70.000	70.000	48.000	48.000
Dividend Growth	28.57%	28.57%	0%	45.83%	0%	6.67%
Gross Margin	26.67%	26.19%	24.35%	26.59%	26.52%	26.16%
Operating Margin	9.10%	8.86%	8.03%	9.62%	8.86%	7.40%
Profit Margin	6.12%	5.75%	4.16%	6.54%	5.02%	5.00%
Free Cash Flow Margin	-	5.62%	0.69%	2.89%	7.32%	3.48%
EBITDA	53,951	52,494	48,374	50,548	44,049	36,766
EBITDA Margin	13.38%	13.13%	11.99%	13.92%	13.47%	12.09%
D&A For EBITDA	17,255	17,065	16,003	15,620	15,069	14,248
EBIT	36,696	35,429	32,371	34,928	28,980	22,518
EBIT Margin	9.10%	8.86%	8.03%	9.62%	8.86%	7.40%
Effective Tax Rate	25.78%	26.26%	28.20%	26.13%	29.87%	24.61%

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