Shimadzu Corporation (TYO: 7701)

Shimadzu 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	523,628	511,895	482,240	428,175	393,499	385,443
Revenue Growth (YoY)	4.75%	6.15%	12.63%	8.81%	2.09%	-1.47%
Cost of Revenue	298,252	291,053	281,280	249,559	237,306	233,013
Gross Profit	225,376	220,842	200,960	178,616	156,193	152,430
Selling, General & Admin	154,856	148,038	132,561	114,690	95,918	99,705
Research & Development	-	-	-	-	10,155	10,632
Operating Expenses	154,906	148,088	132,739	114,809	106,450	110,584
Operating Income	70,470	72,754	68,221	63,807	49,743	41,846
Interest Expense	-307	-294	-281	-188	-180	-91
Interest & Investment Income	1,701	1,614	804	515	551	1,372
Currency Exchange Gain (Loss)	-2,543	2,442	1,295	1,139	-211	-1,157
Other Non Operating Income (Expenses)	130	380	842	303	-1,526	699
EBT Excluding Unusual Items	69,451	76,896	70,881	65,576	48,377	42,669
Gain (Loss) on Sale of Investments	97	101	101	947	1,740	34
Gain (Loss) on Sale of Assets	-60	-29	-87	-30	-154	411
Asset Writedown	-	-	-	-	-148	-
Other Unusual Items	-1	-1	-64	-547	1	-1
Pretax Income	69,487	76,967	70,831	65,946	49,816	43,113
Income Tax Expense	17,684	19,930	18,783	18,657	13,719	11,350
Earnings From Continuing Operations	51,803	57,037	52,048	47,289	36,097	31,763
Minority Interest in Earnings	-	-	-	-	-	3
Net Income	51,803	57,037	52,048	47,289	36,097	31,766
Net Income to Common	51,803	57,037	52,048	47,289	36,097	31,766
Net Income Growth	-4.24%	9.59%	10.06%	31.01%	13.63%	-2.33%
Shares Outstanding (Basic)	295	295	295	295	295	295
Shares Outstanding (Diluted)	295	295	295	295	295	295
Shares Change (YoY)	-0.02%	0.01%	0.01%	0.01%	0.02%	-0.00%
EPS (Basic)	175.83	193.54	176.63	160.49	122.52	107.84
EPS (Diluted)	175.83	193.54	176.63	160.49	122.52	107.84
EPS Growth	-4.22%	9.57%	10.06%	30.99%	13.61%	-2.33%
Free Cash Flow	30,934	14,625	31,465	53,236	50,489	23,641
Free Cash Flow Per Share	105.00	49.63	106.78	180.67	171.37	80.26
Dividend Per Share	62.000	60.000	54.000	48.000	34.000	30.000
Dividend Growth	10.71%	11.11%	12.50%	41.18%	13.33%	7.14%
Gross Margin	43.04%	43.14%	41.67%	41.72%	39.69%	39.55%
Operating Margin	13.46%	14.21%	14.15%	14.90%	12.64%	10.86%
Profit Margin	9.89%	11.14%	10.79%	11.04%	9.17%	8.24%
Free Cash Flow Margin	5.91%	2.86%	6.52%	12.43%	12.83%	6.13%
EBITDA	89,518	91,305	85,745	80,012	65,279	55,102
EBITDA Margin	17.10%	17.84%	17.78%	18.69%	16.59%	14.30%
D&A For EBITDA	19,048	18,551	17,524	16,205	15,536	13,256
EBIT	70,470	72,754	68,221	63,807	49,743	41,846
EBIT Margin	13.46%	14.21%	14.15%	14.90%	12.64%	10.86%
Effective Tax Rate	25.45%	25.89%	26.52%	28.29%	27.54%	26.33%

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