Nissin Corporation (TYO:9066)

Nissin 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	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	193,731	169,934	194,165	192,699	155,915	197,387
Revenue Growth (YoY)	17.05%	-12.48%	0.76%	23.59%	-21.01%	-9.47%
Cost of Revenue	167,489	146,488	167,560	170,590	127,327	165,504
Gross Profit	26,242	23,446	26,605	22,109	28,588	31,883
Selling, General & Admin	15,789	14,134	13,015	12,057	24,495	26,873
Other Operating Expenses	652	652	478	444	649	733
Operating Expenses	17,027	15,372	13,961	13,009	25,976	28,354
Operating Income	9,215	8,074	12,644	9,100	2,612	3,529
Interest Expense	-630	-425	-456	-410	-416	-416
Interest & Investment Income	865	925	779	527	459	543
Earnings From Equity Investments	325	567	630	511	173	247
Currency Exchange Gain (Loss)	309	86	-146	-205	-4	28
Other Non Operating Income (Expenses)	-19	235	182	335	1,463	183
EBT Excluding Unusual Items	10,065	9,462	13,633	9,858	4,287	4,114
Gain (Loss) on Sale of Investments	9,008	2,890	961	363	60	25
Gain (Loss) on Sale of Assets	42	27	50	53	414	45
Asset Writedown	-76	-202	-59	-693	-277	-649
Other Unusual Items	-108	-105	-214	-202	-197	959
Pretax Income	18,931	12,072	14,371	9,379	4,287	4,494
Income Tax Expense	5,350	3,064	3,458	2,813	2,196	1,648
Earnings From Continuing Operations	13,581	9,008	10,913	6,566	2,091	2,846
Minority Interest in Earnings	-529	-359	-385	-201	-84	-141
Net Income	13,052	8,649	10,528	6,365	2,007	2,705
Net Income to Common	13,052	8,649	10,528	6,365	2,007	2,705
Net Income Growth	68.61%	-17.85%	65.41%	217.14%	-25.80%	-38.88%
Shares Outstanding (Basic)	16	19	19	19	19	20
Shares Outstanding (Diluted)	16	19	19	19	19	20
Shares Change (YoY)	-17.23%	-1.53%	0.86%	-0.37%	-1.75%	-0.18%
EPS (Basic)	815.56	450.89	540.45	329.57	103.54	137.11
EPS (Diluted)	815.56	450.89	540.45	329.57	103.54	137.11
EPS Growth	103.70%	-16.57%	63.99%	218.31%	-24.48%	-38.77%
Free Cash Flow	-	5,678	13,258	6,061	-3,455	4,603
Free Cash Flow Per Share	-	296.01	680.60	313.83	-178.24	233.31
Dividend Per Share	160.000	110.000	90.000	60.000	56.000	56.000
Dividend Growth	60.00%	22.22%	50.00%	7.14%	-	12.00%
Gross Margin	13.55%	13.80%	13.70%	11.47%	18.34%	16.15%
Operating Margin	4.76%	4.75%	6.51%	4.72%	1.68%	1.79%
Profit Margin	6.74%	5.09%	5.42%	3.30%	1.29%	1.37%
Free Cash Flow Margin	-	3.34%	6.83%	3.15%	-2.22%	2.33%
EBITDA	16,384	14,558	18,215	14,978	7,923	8,591
EBITDA Margin	8.46%	8.57%	9.38%	7.77%	5.08%	4.35%
D&A For EBITDA	7,169	6,484	5,571	5,878	5,311	5,062
EBIT	9,215	8,074	12,644	9,100	2,612	3,529
EBIT Margin	4.76%	4.75%	6.51%	4.72%	1.68%	1.79%
Effective Tax Rate	28.26%	25.38%	24.06%	29.99%	51.23%	36.67%
Advertising Expenses	-	89	67	45	41	71

Source: S&P Global Market Intelligence. Standard template. Financial Sources.