Corona Corporation (TYO: 5909)

Corona 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	83,032	82,046	85,335	78,648	82,169	78,711
Revenue Growth (YoY)	-1.02%	-3.85%	8.50%	-4.29%	4.39%	-5.39%
Cost of Revenue	64,895	64,005	66,577	61,249	62,969	60,231
Gross Profit	18,137	18,041	18,758	17,399	19,200	18,480
Selling, General & Admin	15,775	15,714	15,885	15,653	17,283	16,960
Research & Development	669	669	653	632	640	689
Other Operating Expenses	298	298	323	266	315	296
Operating Expenses	16,746	16,685	16,856	16,548	18,236	17,962
Operating Income	1,391	1,356	1,902	851	964	518
Interest Expense	-3	-3	-3	-3	-3	-3
Interest & Investment Income	261	259	246	218	182	185
Earnings From Equity Investments	19	25	51	33	49	8
Currency Exchange Gain (Loss)	-3	-7	-	-3	-	-
Other Non Operating Income (Expenses)	128	131	85	80	79	88
EBT Excluding Unusual Items	1,793	1,761	2,281	1,176	1,271	796
Gain (Loss) on Sale of Investments	58	57	9	32	-219	-67
Gain (Loss) on Sale of Assets	5	5	5	4	4	3
Asset Writedown	-25	-26	-7	-12	-3	-18
Legal Settlements	-	-	-167	-	-	-
Other Unusual Items	1	1	1	-1	-	-
Pretax Income	1,832	1,798	2,122	1,199	1,053	714
Income Tax Expense	502	492	640	260	427	329
Earnings From Continuing Operations	1,330	1,306	1,482	939	626	385
Net Income	1,330	1,306	1,482	939	626	385
Net Income to Common	1,330	1,306	1,482	939	626	385
Net Income Growth	0.76%	-11.88%	57.83%	50.00%	62.60%	-69.15%
Shares Outstanding (Basic)	29	29	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29	29
Shares Change (YoY)	0.04%	0.09%	0.16%	-0.19%	-0.24%	-0.31%
EPS (Basic)	45.56	44.74	50.81	32.25	21.46	13.17
EPS (Diluted)	45.56	44.74	50.81	32.25	21.46	13.17
EPS Growth	0.71%	-11.96%	57.57%	50.29%	62.98%	-69.06%
Free Cash Flow	-	-1,968	2,581	2,504	4,426	-1,858
Free Cash Flow Per Share	-	-67.41	88.49	85.99	151.71	-63.53
Dividend Per Share	28.000	28.000	28.000	28.000	28.000	28.000
Gross Margin	21.84%	21.99%	21.98%	22.12%	23.37%	23.48%
Operating Margin	1.68%	1.65%	2.23%	1.08%	1.17%	0.66%
Profit Margin	1.60%	1.59%	1.74%	1.19%	0.76%	0.49%
Free Cash Flow Margin	-	-2.40%	3.02%	3.18%	5.39%	-2.36%
EBITDA	3,692	3,548	3,659	2,942	3,444	2,734
EBITDA Margin	4.45%	4.32%	4.29%	3.74%	4.19%	3.47%
D&A For EBITDA	2,301	2,192	1,757	2,091	2,480	2,216
EBIT	1,391	1,356	1,902	851	964	518
EBIT Margin	1.68%	1.65%	2.23%	1.08%	1.17%	0.66%
Effective Tax Rate	27.40%	27.36%	30.16%	21.68%	40.55%	46.08%
Advertising Expenses	-	1,250	1,204	1,059	1,133	1,091

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