Dentsu Soken Inc. (TYO: 4812)

Dentsu Soken Income Statement

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	149,572	142,608	129,054	112,085	108,679	100,679
Revenue Growth (YoY)	6.45%	10.50%	15.14%	3.13%	7.95%	10.61%
Cost of Revenue	95,226	90,827	82,267	72,068	71,207	67,288
Gross Profit	54,346	51,781	46,787	40,017	37,472	33,391
Selling, General & Admin	34,406	30,752	28,196	26,280	25,282	23,315
Operating Expenses	34,406	30,752	28,223	26,479	25,300	23,497
Operating Income	19,940	21,029	18,564	13,538	12,172	9,894
Interest Expense	-35	-27	-22	-34	-39	-32
Interest & Investment Income	177	110	99	128	56	42
Earnings From Equity Investments	-135	-11	-198	-392	-758	-316
Currency Exchange Gain (Loss)	-27	50	-119	-75	-54	-9
Other Non Operating Income (Expenses)	41	93	30	57	123	81
EBT Excluding Unusual Items	19,961	21,244	18,354	13,222	11,500	9,660
Gain (Loss) on Sale of Investments	296	-191	-51	-53	-551	-417
Gain (Loss) on Sale of Assets	-	-	-	-	-	-13
Asset Writedown	-52	-102	-	-	-	-
Other Unusual Items	-	-1	-653	-	-	-46
Pretax Income	20,205	20,950	17,650	13,169	10,949	9,184
Income Tax Expense	6,306	6,286	5,040	4,225	3,584	2,953
Earnings From Continuing Operations	13,899	14,664	12,610	8,944	7,365	6,231
Minority Interest in Earnings	-	-1	-12	-	-3	-5
Net Income	13,899	14,663	12,598	8,944	7,362	6,226
Net Income to Common	13,899	14,663	12,598	8,944	7,362	6,226
Net Income Growth	0.27%	16.39%	40.85%	21.49%	18.25%	20.03%
Shares Outstanding (Basic)	65	65	65	65	65	65
Shares Outstanding (Diluted)	65	65	65	65	65	65
Shares Change (YoY)	0.01%	-0.05%	-0.10%	-	-	-
EPS (Basic)	213.59	225.35	193.51	137.25	112.98	95.54
EPS (Diluted)	213.59	225.35	193.51	137.25	112.98	95.54
EPS Growth	0.26%	16.45%	40.99%	21.49%	18.25%	20.03%
Free Cash Flow	-	12,862	11,456	16,690	9,713	10,184
Free Cash Flow Per Share	-	197.67	175.97	256.12	149.05	156.28
Dividend Per Share	110.000	100.000	78.000	56.000	46.000	38.500
Dividend Growth	144.44%	28.21%	39.29%	21.74%	19.48%	22.22%
Gross Margin	36.33%	36.31%	36.25%	35.70%	34.48%	33.17%
Operating Margin	13.33%	14.75%	14.38%	12.08%	11.20%	9.83%
Profit Margin	9.29%	10.28%	9.76%	7.98%	6.77%	6.18%
Free Cash Flow Margin	-	9.02%	8.88%	14.89%	8.94%	10.12%
EBITDA	23,213	24,229	21,667	16,527	15,037	12,425
EBITDA Margin	15.52%	16.99%	16.79%	14.74%	13.84%	12.34%
D&A For EBITDA	3,273	3,200	3,103	2,989	2,865	2,531
EBIT	19,940	21,029	18,564	13,538	12,172	9,894
EBIT Margin	13.33%	14.75%	14.38%	12.08%	11.20%	9.83%
Effective Tax Rate	31.21%	30.00%	28.56%	32.08%	32.73%	32.15%
Advertising Expenses	-	4,915	4,495	4,612	4,394	3,413

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