Kao Corporation (TYO:4452)

Kao Corporation 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	1,628,448	1,532,579	1,551,059	1,418,768	1,381,997
Revenue Growth (YoY)	6.26%	-1.19%	9.32%	2.66%	-8.00%
Cost of Revenue	990,044	972,152	1,002,717	845,574	791,304
Gross Profit	638,404	560,427	548,342	573,194	590,693
Selling, General & Admin	498,140	376,376	353,805	341,864	330,099
Research & Development	-	62,575	60,601	58,993	58,509
Other Operating Expenses	-6,380	-6,553	-6,297	-6,594	-4,043
Operating Expenses	491,760	460,217	434,613	420,451	411,783
Operating Income	146,644	100,210	113,729	152,743	178,910
Interest Expense	-4,090	-3,385	-2,354	-2,487	-3,090
Interest & Investment Income	4,988	3,621	2,227	1,358	1,593
Earnings From Equity Investments	3,482	2,387	2,545	2,620	2,536
Currency Exchange Gain (Loss)	-	1,032	3,278	4,991	-2,624
Other Non Operating Income (Expenses)	-	152	81	10	-7
EBT Excluding Unusual Items	151,024	104,017	119,506	159,235	177,318
Merger & Restructuring Charges	-	-13,576	-	-	-
Gain (Loss) on Sale of Assets	-	-4,896	-3,624	-4,680	-3,347
Asset Writedown	-	-21,703	-34	-4,553	-
Pretax Income	151,024	63,842	115,848	150,002	173,971
Income Tax Expense	40,650	17,685	28,106	38,587	45,904
Earnings From Continuing Operations	110,374	46,157	87,742	111,415	128,067
Minority Interest in Earnings	-2,607	-2,287	-1,704	-1,779	-1,925
Net Income	107,767	43,870	86,038	109,636	126,142
Net Income to Common	107,767	43,870	86,038	109,636	126,142
Net Income Growth	145.65%	-49.01%	-21.52%	-13.09%	-14.89%
Shares Outstanding (Basic)	465	465	469	475	481
Shares Outstanding (Diluted)	465	465	469	476	481
Shares Change (YoY)	-0.05%	-0.98%	-1.27%	-1.14%	-0.49%
EPS (Basic)	231.94	94.37	183.28	230.59	262.29
EPS (Diluted)	231.94	94.37	183.27	230.57	262.25
EPS Growth	145.78%	-48.51%	-20.51%	-12.08%	-14.47%
Free Cash Flow	144,181	148,315	65,385	115,573	155,322
Free Cash Flow Per Share	310.32	319.06	139.28	243.06	322.92
Dividend Per Share	152.000	150.000	148.000	144.000	140.000
Dividend Growth	1.33%	1.35%	2.78%	2.86%	7.69%
Gross Margin	39.20%	36.57%	35.35%	40.40%	42.74%
Operating Margin	9.01%	6.54%	7.33%	10.77%	12.95%
Profit Margin	6.62%	2.86%	5.55%	7.73%	9.13%
Free Cash Flow Margin	8.85%	9.68%	4.22%	8.15%	11.24%
EBITDA	235,066	189,805	203,467	240,084	264,990
EBITDA Margin	14.43%	12.38%	13.12%	16.92%	19.17%
D&A For EBITDA	88,422	89,595	89,738	87,341	86,080
EBIT	146,644	100,210	113,729	152,743	178,910
EBIT Margin	9.01%	6.54%	7.33%	10.77%	12.95%
Effective Tax Rate	26.92%	27.70%	24.26%	25.72%	26.39%
Advertising Expenses	142,597	127,115	121,704	121,951	117,527

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