Starts Corporation Inc. (TYO: 8850)

Starts Corporation 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	237,276	233,408	233,871	196,578	198,963	209,091
Revenue Growth (YoY)	-1.24%	-0.20%	18.97%	-1.20%	-4.84%	7.13%
Cost of Revenue	160,286	159,889	165,686	136,494	143,022	148,247
Gross Profit	76,990	73,519	68,185	60,084	55,941	60,844
Selling, General & Admin	42,622	41,560	38,937	34,972	33,036	36,065
Operating Expenses	44,118	43,064	40,097	35,989	33,925	36,931
Operating Income	32,872	30,455	28,088	24,095	22,016	23,913
Interest Expense	-293	-233	-254	-265	-266	-297
Interest & Investment Income	793	679	509	406	482	441
Currency Exchange Gain (Loss)	-645	1,741	1,057	870	239	-191
Other Non Operating Income (Expenses)	940	752	602	682	850	254
EBT Excluding Unusual Items	33,667	33,394	30,002	25,788	23,321	24,120
Gain (Loss) on Sale of Investments	122	31	170	294	1	-
Gain (Loss) on Sale of Assets	3,017	18	531	100	-	28
Asset Writedown	-224	-154	-401	-346	-273	-604
Other Unusual Items	-5	-11	-75	-226	-26	-1,187
Pretax Income	36,577	33,278	30,227	25,610	23,023	22,357
Income Tax Expense	11,343	10,670	9,698	8,686	7,381	7,214
Earnings From Continuing Operations	25,234	22,608	20,529	16,924	15,642	15,143
Minority Interest in Earnings	-629	-513	-311	-152	-43	-84
Net Income	24,605	22,095	20,218	16,772	15,599	15,059
Net Income to Common	24,605	22,095	20,218	16,772	15,599	15,059
Net Income Growth	22.12%	9.28%	20.55%	7.52%	3.59%	-1.34%
Shares Outstanding (Basic)	50	50	50	50	53	53
Shares Outstanding (Diluted)	50	50	50	50	53	53
Shares Change (YoY)	0.01%	0.01%	-1.44%	-4.30%	0.09%	-0.00%
EPS (Basic)	495.34	444.83	407.07	332.83	296.24	286.25
EPS (Diluted)	495.34	444.83	407.07	332.83	296.24	286.25
EPS Growth	22.11%	9.28%	22.30%	12.35%	3.49%	-1.34%
Free Cash Flow	24,537	9,711	25,127	8,130	18,425	23,506
Free Cash Flow Per Share	493.97	195.51	505.91	161.34	349.91	446.82
Dividend Per Share	50.000	100.000	93.000	73.000	62.000	65.000
Dividend Growth	-50.00%	7.53%	27.40%	17.74%	-4.62%	1.56%
Gross Margin	32.45%	31.50%	29.15%	30.56%	28.12%	29.10%
Operating Margin	13.85%	13.05%	12.01%	12.26%	11.07%	11.44%
Profit Margin	10.37%	9.47%	8.64%	8.53%	7.84%	7.20%
Free Cash Flow Margin	10.34%	4.16%	10.74%	4.14%	9.26%	11.24%
EBITDA	39,421	36,551	33,572	29,217	26,750	28,529
EBITDA Margin	16.61%	15.66%	14.35%	14.86%	13.44%	13.64%
D&A For EBITDA	6,549	6,096	5,484	5,122	4,734	4,616
EBIT	32,872	30,455	28,088	24,095	22,016	23,913
EBIT Margin	13.85%	13.05%	12.01%	12.26%	11.07%	11.44%
Effective Tax Rate	31.01%	32.06%	32.08%	33.92%	32.06%	32.27%
Advertising Expenses	-	3,813	3,612	3,130	2,594	3,606

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