Hoshizaki Corporation (TYO: 6465)

Hoshizaki Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	407,859	373,563	321,338	274,419	238,314	290,136
Revenue Growth (YoY)	14.93%	16.25%	17.10%	15.15%	-17.86%	-0.90%
Cost of Revenue	256,454	237,501	209,519	174,727	149,261	180,671
Gross Profit	151,405	136,062	111,819	99,692	89,053	109,465
Selling, General & Admin	101,185	90,258	82,130	73,053	69,207	75,436
Other Operating Expenses	2,283	2,283	1,773	1,707	1,398	1,363
Operating Expenses	103,468	92,541	83,903	74,760	70,605	76,799
Operating Income	47,937	43,521	27,916	24,932	18,448	32,666
Interest Expense	-805	-80	-42	-42	-34	-17
Interest & Investment Income	5,163	4,826	1,469	394	719	1,821
Earnings From Equity Investments	-956	-1,316	-871	-	-	-
Currency Exchange Gain (Loss)	1,484	3,027	9,032	5,373	-2,307	-426
Other Non Operating Income (Expenses)	917	343	257	507	592	178
EBT Excluding Unusual Items	53,740	50,321	37,761	31,164	17,418	34,222
Gain (Loss) on Sale of Investments	-2,467	59	54	116	-48	98
Gain (Loss) on Sale of Assets	35	37	26	-	-	-13
Asset Writedown	-1,978	-1,999	-	-51	-40	-49
Other Unusual Items	-65	-41	-3,211	1	-44	4
Pretax Income	49,265	48,377	34,630	31,230	17,286	34,262
Income Tax Expense	16,488	14,830	9,739	9,229	5,663	9,518
Earnings From Continuing Operations	32,777	33,547	24,891	22,001	11,623	24,744
Minority Interest in Earnings	-377	-712	-546	-322	-181	-307
Net Income	32,400	32,835	24,345	21,679	11,442	24,437
Net Income to Common	32,400	32,835	24,345	21,679	11,442	24,437
Net Income Growth	17.05%	34.87%	12.30%	89.47%	-53.18%	-4.98%
Shares Outstanding (Basic)	145	145	145	145	145	145
Shares Outstanding (Diluted)	145	145	145	145	145	145
Shares Change (YoY)	-0.07%	0.01%	0.01%	0.01%	0.00%	0.00%
EPS (Basic)	223.82	226.65	168.06	149.67	79.00	168.72
EPS (Diluted)	223.82	226.65	168.06	149.67	79.00	168.72
EPS Growth	17.13%	34.86%	12.29%	89.46%	-53.18%	-4.98%
Free Cash Flow	31,447	31,566	14	24,118	17,522	26,636
Free Cash Flow Per Share	217.24	217.89	0.10	166.51	120.97	183.90
Dividend Per Share	140.000	95.000	-	55.000	55.000	55.000
Dividend Growth	-	-	-	0%	0%	37.50%
Gross Margin	37.12%	36.42%	34.80%	36.33%	37.37%	37.73%
Operating Margin	11.75%	11.65%	8.69%	9.09%	7.74%	11.26%
Profit Margin	7.94%	8.79%	7.58%	7.90%	4.80%	8.42%
Free Cash Flow Margin	7.71%	8.45%	0.00%	8.79%	7.35%	9.18%
EBITDA	56,868	51,071	34,131	30,162	23,918	37,819
EBITDA Margin	13.94%	13.67%	10.62%	10.99%	10.04%	13.03%
D&A For EBITDA	8,931	7,550	6,215	5,230	5,470	5,153
EBIT	47,937	43,521	27,916	24,932	18,448	32,666
EBIT Margin	11.75%	11.65%	8.69%	9.09%	7.74%	11.26%
Effective Tax Rate	33.47%	30.65%	28.12%	29.55%	32.76%	27.78%

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