Dowa Holdings Co., Ltd. (TYO: 5714)

Dowa Holdings 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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	699,028	717,194	780,060	831,794	588,003	485,130
Revenue Growth (YoY)	-6.67%	-8.06%	-6.22%	41.46%	21.21%	7.11%
Cost of Revenue	608,360	635,748	689,241	725,368	512,155	421,630
Gross Profit	90,668	81,446	90,819	106,426	75,848	63,500
Selling, General & Admin	40,317	38,304	35,640	31,756	28,788	28,270
Research & Development	10,493	10,493	8,569	7,035	6,177	6,076
Other Operating Expenses	-	-	-	1,972	1,685	1,490
Operating Expenses	53,456	51,443	46,208	42,601	38,393	37,544
Operating Income	37,212	30,003	44,611	63,825	37,455	25,956
Interest Expense	-658	-484	-523	-664	-910	-1,323
Interest & Investment Income	1,554	1,650	1,715	1,165	1,733	2,751
Earnings From Equity Investments	9,995	9,773	5,209	8,864	-4,815	605
Currency Exchange Gain (Loss)	254	1,051	1,316	361	1,133	-986
Other Non Operating Income (Expenses)	1,555	2,751	3,172	2,521	2,602	1,992
EBT Excluding Unusual Items	49,912	44,744	55,500	76,072	37,198	28,995
Gain (Loss) on Sale of Investments	9,455	6,537	-1,343	1,220	4,831	1,554
Gain (Loss) on Sale of Assets	185	37	79	80	202	131
Asset Writedown	-3,244	-3,239	-7,984	-1,630	-3,454	-1,997
Other Unusual Items	-4,501	-4,312	-323	1,347	82	77
Pretax Income	51,807	43,767	45,929	77,089	38,859	28,760
Income Tax Expense	15,606	14,234	16,416	20,259	13,636	10,081
Earnings From Continuing Operations	36,201	29,533	29,513	56,830	25,223	18,679
Minority Interest in Earnings	-1,013	-1,680	-4,472	-5,818	-3,399	-1,284
Net Income	35,188	27,853	25,041	51,012	21,824	17,395
Net Income to Common	35,188	27,853	25,041	51,012	21,824	17,395
Net Income Growth	127.17%	11.23%	-50.91%	133.74%	25.46%	16.08%
Shares Outstanding (Basic)	60	60	60	60	59	59
Shares Outstanding (Diluted)	60	60	60	60	59	59
Shares Change (YoY)	0.03%	0.03%	0.02%	0.45%	0.08%	-0.00%
EPS (Basic)	591.03	467.89	420.76	857.32	368.44	293.91
EPS (Diluted)	591.03	467.89	420.76	857.32	368.44	293.91
EPS Growth	127.11%	11.20%	-50.92%	132.69%	25.36%	16.08%
Free Cash Flow	-17,101	82,187	21,031	30,962	-36,575	19,872
Free Cash Flow Per Share	-287.24	1380.62	353.38	520.35	-617.48	335.77
Dividend Per Share	130.000	130.000	105.000	100.000	95.000	90.000
Dividend Growth	23.81%	23.81%	5.00%	5.26%	5.56%	0%
Gross Margin	12.97%	11.36%	11.64%	12.79%	12.90%	13.09%
Operating Margin	5.32%	4.18%	5.72%	7.67%	6.37%	5.35%
Profit Margin	5.03%	3.88%	3.21%	6.13%	3.71%	3.59%
Free Cash Flow Margin	-2.45%	11.46%	2.70%	3.72%	-6.22%	4.10%
EBITDA	64,151	55,804	69,064	86,910	57,980	45,729
EBITDA Margin	9.18%	7.78%	8.85%	10.45%	9.86%	9.43%
D&A For EBITDA	26,939	25,801	24,453	23,085	20,525	19,773
EBIT	37,212	30,003	44,611	63,825	37,455	25,956
EBIT Margin	5.32%	4.18%	5.72%	7.67%	6.37%	5.35%
Effective Tax Rate	30.12%	32.52%	35.74%	26.28%	35.09%	35.05%

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