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	Sep 30, 2024	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	203,961	203,961	221,445	208,803	169,026	140,251
Revenue Growth (YoY)	-7.90%	-7.90%	6.05%	23.53%	20.52%	-3.88%
Cost of Revenue	100,077	100,077	101,439	96,421	85,631	71,774
Gross Profit	103,884	103,884	120,006	112,382	83,395	68,477
Selling, General & Admin	54,017	54,017	47,575	40,769	34,179	31,734
Research & Development	13,551	13,551	12,304	11,269	11,367	12,147
Operating Expenses	71,764	71,764	63,330	55,398	49,077	46,724
Operating Income	32,120	32,120	56,676	56,984	34,318	21,753
Interest Expense	-174	-174	-120	-82	-53	-55
Interest & Investment Income	1,445	1,445	741	279	251	264
Earnings From Equity Investments	417	417	401	194	-3	17
Currency Exchange Gain (Loss)	-255	-255	774	671	-267	94
Other Non Operating Income (Expenses)	1,215	1,215	628	832	296	618
EBT Excluding Unusual Items	34,768	34,768	59,100	58,878	34,542	22,691
Gain (Loss) on Sale of Investments	-37	-37	-34	-16	-66	-63
Gain (Loss) on Sale of Assets	57	57	384	24	172	58
Asset Writedown	-994	-994	-1,393	-735	-862	-650
Other Unusual Items	1,641	1,641	462	516	968	221
Pretax Income	35,435	35,435	58,519	58,667	34,754	22,257
Income Tax Expense	10,034	10,034	15,480	17,191	9,530	5,674
Earnings From Continuing Operations	25,401	25,401	43,039	41,476	25,224	16,583
Minority Interest in Earnings	-256	-256	-214	-181	-171	-60
Net Income	25,145	25,145	42,825	41,295	25,053	16,523
Net Income to Common	25,145	25,145	42,825	41,295	25,053	16,523
Net Income Growth	-41.28%	-41.28%	3.71%	64.83%	51.63%	-17.04%
Shares Outstanding (Basic)	310	310	310	310	310	310
Shares Outstanding (Diluted)	310	310	310	310	310	310
Shares Change (YoY)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
EPS (Basic)	81.18	81.18	138.28	133.35	80.91	53.37
EPS (Diluted)	81.18	81.18	138.28	133.35	80.91	53.37
EPS Growth	-41.29%	-41.29%	3.70%	64.82%	51.61%	-17.05%
Free Cash Flow	9,813	9,813	4,702	28,011	22,099	5,909
Free Cash Flow Per Share	31.68	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	50.93%	50.93%	54.19%	53.82%	49.34%	48.82%
Operating Margin	15.75%	15.75%	25.59%	27.29%	20.30%	15.51%
Profit Margin	12.33%	12.33%	19.34%	19.78%	14.82%	11.78%
Free Cash Flow Margin	4.81%	4.81%	2.12%	13.42%	13.07%	4.21%
EBITDA	49,880	49,880	71,200	70,492	47,872	34,444
EBITDA Margin	24.46%	24.46%	32.15%	33.76%	28.32%	24.56%
D&A For EBITDA	17,760	17,760	14,524	13,508	13,554	12,691
EBIT	32,120	32,120	56,676	56,984	34,318	21,753
EBIT Margin	15.75%	15.75%	25.59%	27.29%	20.30%	15.51%
Effective Tax Rate	28.32%	28.32%	26.45%	29.30%	27.42%	25.49%
Advertising Expenses	1,621	1,621	1,277	922	646	730

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