Kurita Water Industries Ltd. (TYO: 6370)

Kurita Water Industries 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	391,992	384,825	344,608	288,207	267,749	264,807
Revenue Growth (YoY)	5.29%	11.67%	19.57%	7.64%	1.11%	2.08%
Cost of Revenue	252,242	252,983	224,911	183,928	173,073	172,092
Gross Profit	139,750	131,842	119,697	104,279	94,676	92,715
Selling, General & Admin	78,458	73,707	66,578	57,884	52,632	54,541
Research & Development	7,412	7,412	6,344	5,386	5,317	5,693
Other Operating Expenses	660	707	1,524	168	-2,292	1,809
Operating Expenses	95,197	90,493	82,630	71,502	62,914	67,869
Operating Income	44,553	41,349	37,067	32,777	31,762	24,846
Interest Expense	-506	-406	-427	-209	-249	-296
Interest & Investment Income	846	753	651	582	492	565
Earnings From Equity Investments	165	141	179	-80	-999	60
Currency Exchange Gain (Loss)	-32	-32	-80	-22	22	-20
Other Non Operating Income (Expenses)	124	123	780	-5,898	-246	84
EBT Excluding Unusual Items	45,150	41,928	38,170	27,150	30,782	25,239
Gain (Loss) on Sale of Investments	-128	-128	-13	-30	-1,400	-884
Gain (Loss) on Sale of Assets	-116	-116	-347	3,986	1,186	2,364
Asset Writedown	-	-	-7,660	-1,028	-1,419	-29
Pretax Income	44,906	41,684	30,150	30,078	29,149	26,690
Income Tax Expense	12,938	12,099	9,473	10,454	9,326	8,378
Earnings From Continuing Operations	31,968	29,585	20,677	19,624	19,823	18,312
Minority Interest in Earnings	-442	-396	-543	-1,153	-735	-25
Net Income	31,526	29,189	20,134	18,471	19,088	18,287
Net Income to Common	31,526	29,189	20,134	18,471	19,088	18,287
Net Income Growth	54.92%	44.97%	9.00%	-3.23%	4.38%	5.56%
Shares Outstanding (Basic)	112	112	112	112	112	112
Shares Outstanding (Diluted)	112	112	112	112	112	112
Shares Change (YoY)	-0.01%	0.00%	0.02%	0.04%	0.03%	0.01%
EPS (Basic)	280.49	259.70	179.14	164.38	169.93	162.85
EPS (Diluted)	280.49	259.70	179.14	164.38	169.93	162.85
EPS Growth	54.93%	44.97%	8.98%	-3.27%	4.35%	5.55%
Free Cash Flow	27,183	21,916	-4,753	-26,359	25,947	6,208
Free Cash Flow Per Share	241.85	194.99	-42.29	-234.58	230.99	55.28
Dividend Per Share	42.000	84.000	78.000	72.000	66.000	62.000
Dividend Growth	-65.00%	7.69%	8.33%	9.09%	6.45%	14.81%
Gross Margin	35.65%	34.26%	34.73%	36.18%	35.36%	35.01%
Operating Margin	11.37%	10.74%	10.76%	11.37%	11.86%	9.38%
Profit Margin	8.04%	7.59%	5.84%	6.41%	7.13%	6.91%
Free Cash Flow Margin	6.93%	5.70%	-1.38%	-9.15%	9.69%	2.34%
EBITDA	78,290	73,986	74,343	56,189	52,501	43,546
EBITDA Margin	19.97%	19.23%	21.57%	19.50%	19.61%	16.44%
D&A For EBITDA	33,737	32,637	37,276	23,412	20,739	18,700
EBIT	44,553	41,349	37,067	32,777	31,762	24,846
EBIT Margin	11.37%	10.74%	10.76%	11.37%	11.86%	9.38%
Effective Tax Rate	28.81%	29.03%	31.42%	34.76%	31.99%	31.39%

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