Suzuki Motor Corporation (TYO: 7269)

Suzuki Motor 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	5,664,855	5,374,255	4,641,644	3,568,380	3,178,209	3,488,433
Revenue Growth (YoY)	13.56%	15.78%	30.08%	12.28%	-8.89%	-9.89%
Cost of Revenue	4,118,933	3,959,818	3,491,713	2,711,947	2,311,592	2,514,779
Gross Profit	1,545,922	1,414,437	1,149,931	856,433	866,617	973,654
Selling, General & Admin	731,962	701,218	579,109	482,345	493,257	558,277
Research & Development	234,238	234,238	205,642	160,747	146,221	148,080
Other Operating Expenses	9,252	13,999	14,174	19,578	31,902	54,178
Operating Expenses	974,871	948,874	799,379	664,972	672,184	758,585
Operating Income	571,051	465,563	350,552	191,461	194,433	215,069
Interest Expense	-31,372	-10,057	-6,741	-5,954	-4,935	-5,555
Interest & Investment Income	77,602	31,971	42,614	71,157	41,503	28,775
Earnings From Equity Investments	11,485	12,229	11,607	9,244	7,900	6,315
Currency Exchange Gain (Loss)	-4,916	-9,129	-16,922	1,693	7,196	-3,508
Other Non Operating Income (Expenses)	174	-2,054	1,695	-4,685	2,157	6,130
EBT Excluding Unusual Items	624,024	488,523	382,805	262,916	248,254	247,226
Gain (Loss) on Sale of Investments	1,439	1,439	40	608	14,172	-1,857
Gain (Loss) on Sale of Assets	538	549	743	18,440	-497	1,222
Asset Writedown	-1,236	-1,236	-2,554	-7,686	-5,323	-565
Other Unusual Items	-1	-	1	-2	-15,544	-
Pretax Income	624,764	489,275	381,035	274,276	241,062	246,026
Income Tax Expense	173,702	145,049	106,758	74,520	71,641	83,418
Earnings From Continuing Operations	451,062	344,226	274,277	199,756	169,421	162,608
Minority Interest in Earnings	-95,242	-76,509	-53,170	-39,411	-23,000	-28,386
Net Income	355,820	267,717	221,107	160,345	146,421	134,222
Net Income to Common	355,820	267,717	221,107	160,345	146,421	134,222
Net Income Growth	51.19%	21.08%	37.89%	9.51%	9.09%	-24.91%
Shares Outstanding (Basic)	1,930	1,934	1,943	1,942	1,942	1,875
Shares Outstanding (Diluted)	1,930	1,935	1,943	1,943	1,942	1,875
Shares Change (YoY)	-0.60%	-0.44%	0.02%	0.03%	3.56%	3.64%
EPS (Basic)	184.41	138.40	113.80	82.55	75.41	71.59
EPS (Diluted)	184.40	138.39	113.80	82.54	75.40	71.58
EPS Growth	52.10%	21.61%	37.86%	9.47%	5.34%	-27.55%
Free Cash Flow	245,865	140,355	28,346	30,787	243,733	-74,292
Free Cash Flow Per Share	127.41	72.55	14.59	15.85	125.51	-39.62
Dividend Per Share	36.750	30.500	25.000	22.750	22.500	18.500
Dividend Growth	40.00%	22.00%	9.89%	1.11%	21.62%	0%
Gross Margin	27.29%	26.32%	24.77%	24.00%	27.27%	27.91%
Operating Margin	10.08%	8.66%	7.55%	5.37%	6.12%	6.17%
Profit Margin	6.28%	4.98%	4.76%	4.49%	4.61%	3.85%
Free Cash Flow Margin	4.34%	2.61%	0.61%	0.86%	7.67%	-2.13%
EBITDA	797,189	662,778	527,834	352,966	330,978	379,227
EBITDA Margin	14.07%	12.33%	11.37%	9.89%	10.41%	10.87%
D&A For EBITDA	226,138	197,215	177,282	161,505	136,545	164,158
EBIT	571,051	465,563	350,552	191,461	194,433	215,069
EBIT Margin	10.08%	8.66%	7.55%	5.37%	6.12%	6.17%
Effective Tax Rate	27.80%	29.65%	28.02%	27.17%	29.72%	33.91%
Advertising Expenses	-	74,781	63,184	57,249	122,949	151,604

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