Mitsubishi Logistics Corporation (TYO:9301)

Mitsubishi Logistics 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
Operating Revenue	239,387	224,942	270,308	222,902	187,348	197,221
Other Revenue	36,913	29,565	30,286	34,328	26,381	31,836
Revenue	276,300	254,507	300,594	257,230	213,729	229,057
Revenue Growth (YoY)	5.84%	-15.33%	16.86%	20.35%	-6.69%	0.82%
Cost of Revenue	241,959	222,271	265,898	228,598	191,875	206,141
Gross Profit	34,341	32,236	34,696	28,632	21,854	22,916
Selling, General & Admin	14,212	12,487	11,137	9,957	9,474	9,966
Operating Expenses	15,019	13,294	11,667	10,487	10,118	10,721
Operating Income	19,322	18,942	23,029	18,145	11,736	12,195
Interest Expense	-901	-710	-532	-577	-568	-713
Interest & Investment Income	4,576	4,802	5,715	3,979	3,323	3,831
Earnings From Equity Investments	-6,895	970	1,423	721	1,458	1,410
Currency Exchange Gain (Loss)	-	-	330	569	-353	-316
Other Non Operating Income (Expenses)	-85	353	80	314	417	414
EBT Excluding Unusual Items	16,017	24,357	30,045	23,151	16,013	16,821
Gain (Loss) on Sale of Investments	23,396	15,329	8,832	3,489	3,942	1,368
Gain (Loss) on Sale of Assets	443	-695	1,917	-556	17,862	-1,419
Asset Writedown	-74	-	-173	-36	-81	-162
Other Unusual Items	89	178	329	-124	18,375	128
Pretax Income	39,871	39,169	40,950	25,924	56,111	16,736
Income Tax Expense	14,045	11,025	13,202	7,565	16,714	4,705
Earnings From Continuing Operations	25,826	28,144	27,748	18,359	39,397	12,031
Minority Interest in Earnings	-315	-357	-522	-467	-237	-180
Net Income	25,511	27,787	27,226	17,892	39,160	11,851
Net Income to Common	25,511	27,787	27,226	17,892	39,160	11,851
Net Income Growth	-15.64%	2.06%	52.17%	-54.31%	230.44%	2.48%
Shares Outstanding (Basic)	375	387	398	408	424	432
Shares Outstanding (Diluted)	375	387	398	408	424	432
Shares Change (YoY)	-3.56%	-2.90%	-2.35%	-3.76%	-1.85%	-1.46%
EPS (Basic)	67.96	71.89	68.40	43.89	92.45	27.46
EPS (Diluted)	67.96	71.89	68.40	43.89	92.45	27.46
EPS Growth	-12.53%	5.10%	55.83%	-52.52%	236.68%	4.00%
Free Cash Flow	21,186	23,510	20,069	-1,790	451	-5,945
Free Cash Flow Per Share	56.44	60.83	50.42	-4.39	1.06	-13.78
Dividend Per Share	14.000	24.000	18.000	16.000	12.000	12.000
Dividend Growth	-29.29%	33.33%	12.50%	33.33%	0%	33.33%
Gross Margin	12.43%	12.67%	11.54%	11.13%	10.22%	10.00%
Operating Margin	6.99%	7.44%	7.66%	7.05%	5.49%	5.32%
Profit Margin	9.23%	10.92%	9.06%	6.96%	18.32%	5.17%
Free Cash Flow Margin	7.67%	9.24%	6.68%	-0.70%	0.21%	-2.60%
EBITDA	36,666	34,979	38,743	33,610	26,596	26,447
EBITDA Margin	13.27%	13.74%	12.89%	13.07%	12.44%	11.55%
D&A For EBITDA	17,344	16,037	15,714	15,465	14,860	14,252
EBIT	19,322	18,942	23,029	18,145	11,736	12,195
EBIT Margin	6.99%	7.44%	7.66%	7.05%	5.49%	5.32%
Effective Tax Rate	35.23%	28.15%	32.24%	29.18%	29.79%	28.11%

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