Toyo Seikan Group Holdings, Ltd. (TYO: 5901)

Toyo Seikan Group 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	943,027	950,663	906,025	821,565	748,724	790,814
Revenue Growth (YoY)	1.71%	4.93%	10.28%	9.73%	-5.32%	-0.29%
Cost of Revenue	815,806	831,937	819,500	712,708	639,883	676,302
Gross Profit	127,221	118,726	86,525	108,857	108,841	114,512
Selling, General & Admin	73,542	68,443	63,944	60,488	68,016	72,695
Research & Development	16,431	16,431	15,184	14,254	14,157	14,545
Operating Expenses	89,973	84,874	79,128	75,158	83,884	87,240
Operating Income	37,248	33,852	7,397	33,699	24,957	27,272
Interest Expense	-4,185	-3,515	-1,400	-783	-973	-1,404
Interest & Investment Income	4,527	3,996	2,891	3,150	2,820	3,028
Earnings From Equity Investments	2,939	1,633	6,794	7,884	1,964	-1,206
Currency Exchange Gain (Loss)	-779	5,170	1,036	2,374	43	-157
Other Non Operating Income (Expenses)	-922	-224	-1,533	632	563	2,122
EBT Excluding Unusual Items	38,828	40,912	15,185	46,956	29,374	29,655
Gain (Loss) on Sale of Investments	1,588	1,588	-	17,680	-	-3,966
Gain (Loss) on Sale of Assets	-1,720	-2,173	-1,416	-1,245	-2,049	-1,243
Asset Writedown	-5,988	-5,988	-	-2,264	-2,980	-5,637
Other Unusual Items	-	-	-	-1,036	-	-11,882
Pretax Income	32,708	34,339	13,769	60,091	24,345	6,927
Income Tax Expense	10,642	10,313	3,083	13,601	6,420	5,499
Earnings From Continuing Operations	22,066	24,026	10,686	46,490	17,925	1,428
Minority Interest in Earnings	-1,485	-943	-323	-2,068	-1,979	-1,948
Net Income	20,581	23,083	10,363	44,422	15,946	-520
Net Income to Common	20,581	23,083	10,363	44,422	15,946	-520
Net Income Growth	61.88%	122.74%	-76.67%	178.58%	-	-
Shares Outstanding (Basic)	173	177	182	185	188	192
Shares Outstanding (Diluted)	173	177	182	185	188	192
Shares Change (YoY)	-4.61%	-2.32%	-1.65%	-1.83%	-1.99%	-2.41%
EPS (Basic)	119.08	130.15	57.07	240.61	84.79	-2.71
EPS (Diluted)	119.08	130.15	57.07	240.61	84.79	-2.71
EPS Growth	69.70%	128.05%	-76.28%	183.78%	-	-
Free Cash Flow	61,759	12,241	-82,078	28,141	15,275	22,583
Free Cash Flow Per Share	357.32	69.02	-452.02	152.42	81.22	117.69
Dividend Per Share	90.000	90.000	89.000	88.000	43.000	14.000
Dividend Growth	0%	1.12%	1.14%	104.65%	207.14%	0%
Gross Margin	13.49%	12.49%	9.55%	13.25%	14.54%	14.48%
Operating Margin	3.95%	3.56%	0.82%	4.10%	3.33%	3.45%
Profit Margin	2.18%	2.43%	1.14%	5.41%	2.13%	-0.07%
Free Cash Flow Margin	6.55%	1.29%	-9.06%	3.43%	2.04%	2.86%
EBITDA	92,759	89,254	60,332	85,011	72,098	74,729
EBITDA Margin	9.84%	9.39%	6.66%	10.35%	9.63%	9.45%
D&A For EBITDA	55,511	55,402	52,935	51,312	47,141	47,457
EBIT	37,248	33,852	7,397	33,699	24,957	27,272
EBIT Margin	3.95%	3.56%	0.82%	4.10%	3.33%	3.45%
Effective Tax Rate	32.54%	30.03%	22.39%	22.63%	26.37%	79.39%

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