The Furukawa Battery Co., Ltd. (TYO:6937)

The Furukawa Battery 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	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	81,926	75,455	69,538	62,785	59,958	64,486
Revenue Growth (YoY)	9.77%	8.51%	10.76%	4.71%	-7.02%	1.39%
Cost of Revenue	64,730	61,031	56,784	49,671	43,537	49,132
Gross Profit	17,196	14,424	12,754	13,114	16,421	15,354
Selling, General & Admin	11,506	11,018	10,682	9,702	9,994	9,883
Other Operating Expenses	169	169	172	198	2,028	2,166
Operating Expenses	11,679	11,191	10,854	9,900	12,023	12,060
Operating Income	5,517	3,233	1,900	3,214	4,398	3,294
Interest Expense	-213	-220	-170	-169	-269	-382
Interest & Investment Income	199	131	99	121	177	154
Earnings From Equity Investments	43	32	34	24	8	1
Currency Exchange Gain (Loss)	114	92	84	44	48	-2
Other Non Operating Income (Expenses)	130	108	186	125	118	180
EBT Excluding Unusual Items	5,790	3,376	2,133	3,359	4,480	3,245
Gain (Loss) on Sale of Investments	1	9	-153	1,400	34	-266
Gain (Loss) on Sale of Assets	-89	-25	44	157	6	-3
Asset Writedown	-176	-5	-175	-	-	-153
Other Unusual Items	-1,949	597	1	-	-	-57
Pretax Income	3,367	3,952	1,850	4,916	4,520	2,766
Income Tax Expense	1,253	1,476	1,153	1,194	1,051	1,084
Earnings From Continuing Operations	2,114	2,476	697	3,722	3,469	1,682
Minority Interest in Earnings	39	98	100	115	145	556
Net Income	2,153	2,574	797	3,837	3,614	2,238
Net Income to Common	2,153	2,574	797	3,837	3,614	2,238
Net Income Growth	-17.98%	222.96%	-79.23%	6.17%	61.48%	-1.28%
Shares Outstanding (Basic)	33	33	33	33	33	33
Shares Outstanding (Diluted)	33	33	33	33	33	33
EPS (Basic)	65.69	78.53	24.32	117.06	110.26	68.28
EPS (Diluted)	65.69	78.53	24.32	117.06	110.26	68.28
EPS Growth	-17.98%	222.96%	-79.23%	6.17%	61.48%	-1.28%
Free Cash Flow	-	621	-1,727	2,177	5,330	479
Free Cash Flow Per Share	-	18.95	-52.69	66.42	162.61	14.61
Dividend Per Share	21.000	21.000	19.000	22.000	22.000	13.000
Dividend Growth	10.53%	10.53%	-13.64%	-	69.23%	18.18%
Gross Margin	20.99%	19.12%	18.34%	20.89%	27.39%	23.81%
Operating Margin	6.73%	4.29%	2.73%	5.12%	7.33%	5.11%
Profit Margin	2.63%	3.41%	1.15%	6.11%	6.03%	3.47%
Free Cash Flow Margin	-	0.82%	-2.48%	3.47%	8.89%	0.74%
EBITDA	8,795	6,342	4,784	5,961	7,134	6,010
EBITDA Margin	10.73%	8.40%	6.88%	9.49%	11.90%	9.32%
D&A For EBITDA	3,278	3,109	2,884	2,747	2,736	2,716
EBIT	5,517	3,233	1,900	3,214	4,398	3,294
EBIT Margin	6.73%	4.29%	2.73%	5.12%	7.33%	5.11%
Effective Tax Rate	37.21%	37.35%	62.32%	24.29%	23.25%	39.19%

Updated Feb 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.