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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	422,672	373,563	321,338	274,419	238,314	290,136
Revenue Growth (YoY)	15.97%	16.25%	17.10%	15.15%	-17.86%	-0.90%
Cost of Revenue	263,090	237,501	209,519	174,727	149,261	180,671
Gross Profit	159,582	136,062	111,819	99,692	89,053	109,465
Selling, General & Admin	106,422	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	108,705	92,541	83,903	74,760	70,605	76,799
Operating Income	50,877	43,521	27,916	24,932	18,448	32,666
Interest Expense	-1,165	-80	-42	-42	-34	-17
Interest & Investment Income	5,153	4,826	1,469	394	719	1,821
Earnings From Equity Investments	-417	-1,316	-871	-	-	-
Currency Exchange Gain (Loss)	-979	3,027	9,032	5,373	-2,307	-426
Other Non Operating Income (Expenses)	1,021	343	257	507	592	178
EBT Excluding Unusual Items	54,490	50,321	37,761	31,164	17,418	34,222
Gain (Loss) on Sale of Investments	-2,445	59	54	116	-48	98
Gain (Loss) on Sale of Assets	53	37	26	-	-	-13
Asset Writedown	-1,977	-1,999	-	-51	-40	-49
Other Unusual Items	-84	-41	-3,211	1	-44	4
Pretax Income	50,037	48,377	34,630	31,230	17,286	34,262
Income Tax Expense	16,176	14,830	9,739	9,229	5,663	9,518
Earnings From Continuing Operations	33,861	33,547	24,891	22,001	11,623	24,744
Minority Interest in Earnings	-453	-712	-546	-322	-181	-307
Net Income	33,408	32,835	24,345	21,679	11,442	24,437
Net Income to Common	33,408	32,835	24,345	21,679	11,442	24,437
Net Income Growth	19.75%	34.87%	12.30%	89.47%	-53.18%	-4.98%
Shares Outstanding (Basic)	144	145	145	145	145	145
Shares Outstanding (Diluted)	144	145	145	145	145	145
Shares Change (YoY)	-0.37%	0.01%	0.01%	0.01%	0.00%	0.00%
EPS (Basic)	231.47	226.65	168.06	149.67	79.00	168.72
EPS (Diluted)	231.47	226.65	168.06	149.67	79.00	168.72
EPS Growth	20.19%	34.86%	12.29%	89.46%	-53.18%	-4.98%
Free Cash Flow	-	31,566	14	24,118	17,522	26,636
Free Cash Flow Per Share	-	217.89	0.10	166.51	120.97	183.90
Dividend Per Share	110.000	95.000	70.000	55.000	55.000	55.000
Dividend Growth	57.14%	35.71%	27.27%	0%	0%	37.50%
Gross Margin	37.76%	36.42%	34.80%	36.33%	37.37%	37.73%
Operating Margin	12.04%	11.65%	8.69%	9.09%	7.74%	11.26%
Profit Margin	7.90%	8.79%	7.58%	7.90%	4.80%	8.42%
Free Cash Flow Margin	-	8.45%	0.00%	8.79%	7.35%	9.18%
EBITDA	59,428	51,071	34,131	30,162	23,918	37,819
EBITDA Margin	14.06%	13.67%	10.62%	10.99%	10.04%	13.03%
D&A For EBITDA	8,551	7,550	6,215	5,230	5,470	5,153
EBIT	50,877	43,521	27,916	24,932	18,448	32,666
EBIT Margin	12.04%	11.65%	8.69%	9.09%	7.74%	11.26%
Effective Tax Rate	32.33%	30.65%	28.12%	29.55%	32.76%	27.78%

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