Musashi Seimitsu Industry Co., Ltd. (TYO: 7220)

Musashi Seimitsu Industry 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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	353,758	349,917	301,500	241,896	204,714	236,355
Revenue Growth (YoY)	7.46%	16.06%	24.64%	18.16%	-13.39%	-7.65%
Cost of Revenue	300,149	299,204	266,049	209,861	175,035	203,665
Gross Profit	53,609	50,713	35,451	32,035	29,679	32,690
Selling, General & Admin	31,612	29,848	25,592	21,544	20,132	22,092
Other Operating Expenses	6	6	-	-	-	427
Operating Expenses	34,494	32,730	27,923	23,621	22,171	25,405
Operating Income	19,115	17,983	7,528	8,414	7,508	7,285
Interest Expense	-2,696	-2,808	-1,377	-648	-543	-743
Interest & Investment Income	987	864	670	540	379	1,021
Earnings From Equity Investments	-290	-394	-231	-37	-	-
Currency Exchange Gain (Loss)	-2,197	49	351	1,061	499	-629
Other Non Operating Income (Expenses)	324	-42	-37	212	514	181
EBT Excluding Unusual Items	15,243	15,652	6,904	9,542	8,357	7,115
Gain (Loss) on Sale of Investments	-1,597	-1,696	-525	-380	798	-
Gain (Loss) on Sale of Assets	-9	72	3	30	123	60
Asset Writedown	-286	-295	-139	-479	-136	-13,892
Legal Settlements	-	-	-	-	-	-3,142
Other Unusual Items	8	-20	752	-1	602	-1
Pretax Income	13,359	13,713	6,995	8,712	9,744	-9,860
Income Tax Expense	5,447	5,402	4,582	3,136	2,433	818
Earnings From Continuing Operations	7,912	8,311	2,413	5,576	7,311	-10,678
Minority Interest in Earnings	-607	-390	23	-147	67	3,776
Net Income	7,305	7,921	2,436	5,429	7,378	-6,902
Net Income to Common	7,305	7,921	2,436	5,429	7,378	-6,902
Net Income Growth	30.03%	225.16%	-55.13%	-26.42%	-	-
Shares Outstanding (Basic)	65	65	65	65	65	65
Shares Outstanding (Diluted)	65	65	65	65	65	65
Shares Change (YoY)	0.18%	0.07%	0.05%	0.06%	0.10%	2.51%
EPS (Basic)	111.65	121.24	37.31	83.20	113.13	-105.94
EPS (Diluted)	111.65	121.24	37.31	83.20	113.13	-105.94
EPS Growth	29.79%	224.94%	-55.15%	-26.46%	-	-
Free Cash Flow	18,706	19,000	5,115	-11,006	5,735	9,869
Free Cash Flow Per Share	285.91	290.81	78.34	-168.66	87.94	151.48
Dividend Per Share	40.000	40.000	30.000	45.000	35.000	31.500
Dividend Growth	300.00%	33.33%	-33.33%	28.57%	11.11%	-25.00%
Gross Margin	15.15%	14.49%	11.76%	13.24%	14.50%	13.83%
Operating Margin	5.40%	5.14%	2.50%	3.48%	3.67%	3.08%
Profit Margin	2.06%	2.26%	0.81%	2.24%	3.60%	-2.92%
Free Cash Flow Margin	5.29%	5.43%	1.70%	-4.55%	2.80%	4.18%
EBITDA	38,703	37,809	26,436	25,378	23,727	25,907
EBITDA Margin	10.94%	10.81%	8.77%	10.49%	11.59%	10.96%
D&A For EBITDA	19,588	19,826	18,908	16,964	16,219	18,622
EBIT	19,115	17,983	7,528	8,414	7,508	7,285
EBIT Margin	5.40%	5.14%	2.50%	3.48%	3.67%	3.08%
Effective Tax Rate	40.77%	39.39%	65.50%	36.00%	24.97%	-

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