Noritz Corporation (TYO:5943)

Noritz Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	204,715	202,204	201,891	210,966	178,142	183,859
Revenue Growth (YoY)	3.31%	0.15%	-4.30%	18.43%	-3.11%	-11.77%
Cost of Revenue	140,511	139,061	138,066	143,642	120,949	125,854
Gross Profit	64,204	63,143	63,825	67,324	57,193	58,005
Selling, General & Admin	58,943	59,669	59,202	58,275	53,773	52,030
Other Operating Expenses	938	938	891	1,405	890	1,169
Operating Expenses	60,020	60,746	59,984	60,433	54,693	53,241
Operating Income	4,184	2,397	3,841	6,891	2,500	4,764
Interest Expense	-166	-156	-269	-97	-78	-89
Interest & Investment Income	1,331	1,292	1,331	1,175	1,066	975
Earnings From Equity Investments	-32	-72	-3,756	-360	-65	-
Currency Exchange Gain (Loss)	2	-12	-242	110	158	-74
Other Non Operating Income (Expenses)	84	130	338	179	393	351
EBT Excluding Unusual Items	5,403	3,579	1,243	7,898	3,974	5,927
Gain (Loss) on Sale of Investments	4,169	3,942	1,887	-21	3,325	-50
Gain (Loss) on Sale of Assets	-80	-132	-96	-63	1,615	-30
Asset Writedown	-	-	-	-128	-	-720
Other Unusual Items	-9	-263	-	-	1	-9,187
Pretax Income	9,483	7,126	3,034	7,686	8,915	-4,060
Income Tax Expense	3,202	2,522	1,852	2,639	3,216	-966
Earnings From Continuing Operations	6,281	4,604	1,182	5,047	5,699	-3,094
Minority Interest in Earnings	-340	-221	-314	-247	-220	81
Net Income	5,941	4,383	868	4,800	5,479	-3,013
Net Income to Common	5,941	4,383	868	4,800	5,479	-3,013
Net Income Growth	-	404.95%	-81.92%	-12.39%	-	-
Shares Outstanding (Basic)	46	46	46	46	46	47
Shares Outstanding (Diluted)	46	46	46	46	46	47
Shares Change (YoY)	0.14%	0.17%	0.51%	-0.36%	-0.86%	-2.47%
EPS (Basic)	128.83	94.89	18.82	104.63	119.12	-64.78
EPS (Diluted)	128.59	94.75	18.82	104.49	118.83	-64.78
EPS Growth	-	403.45%	-81.99%	-12.07%	-	-
Free Cash Flow	4,700	1,604	-9,588	-2,033	11,818	4,626
Free Cash Flow Per Share	101.73	34.68	-207.63	-44.25	256.30	99.47
Dividend Per Share	71.000	69.000	53.000	53.000	83.000	32.000
Dividend Growth	31.48%	30.19%	-	-36.14%	159.38%	-
Gross Margin	31.36%	31.23%	31.61%	31.91%	32.10%	31.55%
Operating Margin	2.04%	1.19%	1.90%	3.27%	1.40%	2.59%
Profit Margin	2.90%	2.17%	0.43%	2.27%	3.08%	-1.64%
Free Cash Flow Margin	2.30%	0.79%	-4.75%	-0.96%	6.63%	2.52%
EBITDA	12,126	10,337	11,596	13,781	8,893	11,886
EBITDA Margin	5.92%	5.11%	5.74%	6.53%	4.99%	6.46%
D&A For EBITDA	7,942	7,940	7,755	6,890	6,393	7,122
EBIT	4,184	2,397	3,841	6,891	2,500	4,764
EBIT Margin	2.04%	1.19%	1.90%	3.27%	1.40%	2.59%
Effective Tax Rate	33.77%	35.39%	61.04%	34.34%	36.07%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.