Hamamatsu Photonics K.K. (TYO:6965)

Hamamatsu Photonics K.K. Income Statement

Financials in millions JPY. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	201,036	203,961	221,445	208,803	169,026	140,251
Revenue Growth (YoY)	-8.53%	-7.90%	6.05%	23.53%	20.52%	-3.88%
Cost of Revenue	101,022	100,077	101,439	96,421	85,631	71,774
Gross Profit	100,014	103,884	120,006	112,382	83,395	68,477
Selling, General & Admin	57,346	54,019	47,575	40,769	34,179	31,734
Research & Development	13,551	13,551	12,304	11,269	11,367	12,147
Operating Expenses	75,093	71,766	63,330	55,398	49,077	46,724
Operating Income	24,921	32,118	56,676	56,984	34,318	21,753
Interest Expense	-299	-174	-120	-82	-53	-55
Interest & Investment Income	1,457	1,445	741	279	251	264
Earnings From Equity Investments	399	417	401	194	-3	17
Currency Exchange Gain (Loss)	698	-255	774	671	-267	94
Other Non Operating Income (Expenses)	829	961	628	832	296	618
EBT Excluding Unusual Items	28,005	34,512	59,100	58,878	34,542	22,691
Gain (Loss) on Sale of Investments	-30	-37	-34	-16	-66	-63
Gain (Loss) on Sale of Assets	73	57	384	24	172	58
Asset Writedown	-2,154	-994	-1,393	-735	-862	-650
Other Unusual Items	3,781	1,897	462	516	968	221
Pretax Income	29,675	35,435	58,519	58,667	34,754	22,257
Income Tax Expense	9,040	10,034	15,480	17,191	9,530	5,674
Earnings From Continuing Operations	20,635	25,401	43,039	41,476	25,224	16,583
Minority Interest in Earnings	-247	-256	-214	-181	-171	-60
Net Income	20,388	25,145	42,825	41,295	25,053	16,523
Net Income to Common	20,388	25,145	42,825	41,295	25,053	16,523
Net Income Growth	-49.60%	-41.28%	3.71%	64.83%	51.63%	-17.04%
Shares Outstanding (Basic)	308	310	310	310	310	310
Shares Outstanding (Diluted)	308	310	310	310	310	310
Shares Change (YoY)	-0.42%	0.01%	0.01%	0.01%	0.01%	0.01%
EPS (Basic)	66.11	81.18	138.28	133.35	80.91	53.37
EPS (Diluted)	66.11	81.18	138.28	133.35	80.91	53.37
EPS Growth	-49.38%	-41.29%	3.70%	64.82%	51.61%	-17.05%
Free Cash Flow	-	9,813	4,702	28,011	22,099	5,909
Free Cash Flow Per Share	-	31.68	15.18	90.45	71.37	19.08
Dividend Per Share	38.000	38.000	38.000	36.000	24.000	20.000
Dividend Growth	0%	0%	5.56%	50.00%	20.00%	0%
Gross Margin	49.75%	50.93%	54.19%	53.82%	49.34%	48.82%
Operating Margin	12.40%	15.75%	25.59%	27.29%	20.30%	15.51%
Profit Margin	10.14%	12.33%	19.34%	19.78%	14.82%	11.78%
Free Cash Flow Margin	-	4.81%	2.12%	13.42%	13.07%	4.21%
EBITDA	-	49,878	71,200	70,492	47,872	34,444
EBITDA Margin	-	24.45%	32.15%	33.76%	28.32%	24.56%
D&A For EBITDA	18,569	17,760	14,524	13,508	13,554	12,691
EBIT	24,921	32,118	56,676	56,984	34,318	21,753
EBIT Margin	12.40%	15.75%	25.59%	27.29%	20.30%	15.51%
Effective Tax Rate	30.46%	28.32%	26.45%	29.30%	27.42%	25.49%
Advertising Expenses	-	1,621	1,277	922	646	730

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