Income Statement ALPHA Corporation

Stocks

3434

JP3126360001

Auto, Truck & Motorcycle Parts

Delayed Japan Exchange 02:30:00 2026-09-18 EDT			5-day change	1st Jan Change
1,247.00 ^JPY	-0.40%		+0.48%	+3.66%

06-11	MW Inc. announced that it has received ¥3 billion in funding from a group of investors	CI
05-25	ALPHA Corporation agreed to acquire remaining 67% stake in Vision Plast SAS from La Sirene SARL for ?1.5 million.	CI

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Published financial data: ALPHA CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Revenues	53.77B	62.88B	74.54B	73.51B	72.7B
Total Revenues	53.77B	62.88B	74.54B	73.51B	72.7B
Cost of Goods Sold, Total	45.98B	54.32B	63.12B	63.24B	62B
Gross Profit	7.79B	8.56B	11.42B	10.27B	10.7B
Selling General & Admin Expenses, Total	7.2B	7.96B	8.99B	9.36B	9.86B
Other Operating Expenses, Total	7.2B	7.96B	8.99B	9.36B	9.86B
Operating Income	586M	601M	2.44B	914M	843M
Interest Expense, Total	-206M	-215M	-302M	-359M	-397M
Interest And Investment Income	106M	138M	175M	239M	196M
Net Interest Expenses	-100M	-77M	-127M	-120M	-201M
Currency Exchange Gains (Loss)	332M	752M	726M	-350M	837M
Other Non Operating Income (Expenses)	104M	72M	50M	167M	139M
EBT, Excl. Unusual Items	922M	1.35B	3.09B	611M	1.62B
Gain (Loss) On Sale Of Investments	290M	28M	-57M	10M	374M
Gain (Loss) On Sale Of Assets	149M	10M	22M	-60M	32M
Asset Writedown	-470M	-596M	-487M	-998M	-91M
Legal Settlements	-	-	-	-	-
Other Unusual Items	-1M	0	-364M	-24M	-37M
EBT, Incl. Unusual Items	890M	790M	2.2B	-461M	1.9B
Income Tax Expense	275M	380M	550M	9M	600M
Earnings From Continuing Operations	615M	410M	1.65B	-470M	1.3B
Net Income to Company	615M	410M	1.65B	-470M	1.3B
Minority Interest	-15M	114M	151M	169M	87M
Net Income - (IS)	600M	524M	1.8B	-301M	1.38B
Net Income to Common Incl Extra Items	600M	524M	1.8B	-301M	1.38B
Net Income to Common Excl. Extra Items	600M	524M	1.8B	-301M	1.38B
Per Share Items
Net EPS - Basic	62.76	54.72	188.06	-31.39	143.97
Basic EPS - Continuing Operations	62.76	54.72	188.06	-31.39	143.97
Basic Weighted Average Shares Outstanding	9.56M	9.58M	9.58M	9.59M	9.61M
Net EPS - Diluted	62.76	54.72	188.06	-31.39	143.97
Diluted EPS - Continuing Operations	62.76	54.72	188.06	-31.39	143.97
Diluted Weighted Average Shares Outstanding	9.56M	9.58M	9.58M	9.59M	9.61M
Normalized Basic EPS	58.71	99.89	217.11	57.44	114.33
Normalized Diluted EPS	58.71	99.89	217.11	57.44	114.33
Dividend Per Share	30	30	35	48	50
Payout Ratio	47.67	54.77	21.25	-143.19	33.26
Supplemental Items
EBITDA	3.92B	4.26B	6B	4.48B	4.5B
EBITA	586M	601M	2.44B	914M	843M
EBIT	586M	601M	2.44B	914M	843M
Effective Tax Rate - (Ratio)	30.9	48.1	24.99	-1.95	31.65
Normalized Net Income	561M	956M	2.08B	551M	1.1B
Non-Cash Pension Expense	62M	33M	100M	96M	84M
Supplemental Operating Expense Items
Selling and Marketing Expenses	313M	337M	412M	437M	475M
Research And Development Expense From Footnotes	1.71B	1.89B	2.18B	2.09B	2.03B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	6.43B	6.95B	9.8B	10.25B	10.06B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	6.43B	6.95B	9.8B	10.25B	10.06B
Accounts Receivable, Total	13.82B	15.29B	16.32B	15.13B	17.52B
Total Receivables	13.82B	15.29B	16.32B	15.13B	17.52B
Inventory	8.08B	10.47B	11.05B	10.89B	12.1B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	2.2B	2.67B	2.77B	2.56B	3.32B
Total Current Assets	30.53B	35.37B	39.93B	38.83B	42.99B
Net Property Plant And Equipment	18.92B	19.41B	19.66B	20.67B	24.29B
Long-term Investments	3.55B	3.72B	4.61B	4.42B	6.16B
Goodwill	1.3B	1.11B	781M	620M	469M
Other Intangibles, Total	1.71B	1.75B	2.42B	2.47B	2.23B
Loans Receivable Long-Term	1M	3M	2M	2M	1M
Deferred Tax Assets Long-Term	161M	273M	521M	768M	660M
Deferred Charges Long-Term	7M	5M	12M	7M	3M
Other Long-Term Assets, Total	2M	2M	2M	3M	3M
Total Assets	56.18B	61.64B	67.95B	67.78B	76.8B
Liabilities
Accounts Payable, Total	6.4B	7.36B	7.98B	8.02B	8.79B
Accrued Expenses, Total	1.14B	1.52B	1.95B	1.7B	1.85B
Short-term Borrowings	3.05B	5.02B	6.67B	9.25B	12.65B
Current Portion of Long-Term Debt	3.6B	3.68B	3.24B	2.65B	2.78B
Current Portion of Leases	643M	583M	456M	534M	759M
Current Income Taxes Payable	1.42B	1.83B	2.01B	1.62B	2.9B
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	984M	1.1B	1.6B	1.08B	1.25B
Total Current Liabilities	17.24B	21.08B	23.9B	24.85B	30.99B
Long-Term Debt	7.9B	7.3B	6.32B	3.88B	2.51B
Long-Term Leases	1.53B	1.25B	898M	1.44B	2.05B
Pension & Other Post Retirement Benefits	218M	235M	307M	317M	413M
Deferred Tax Liability Non Current	880M	619M	778M	415M	853M
Other Non Current Liabilities	503M	491M	519M	514M	499M
Total Liabilities	28.26B	30.97B	32.72B	31.41B	37.31B
Common Stock, Total	2.76B	2.76B	2.76B	2.76B	2.76B
Additional Paid In Capital	2.96B	2.96B	2.96B	2.97B	2.97B
Retained Earnings	18.25B	18.48B	19.9B	19.14B	20.17B
Treasury Stock	-567M	-551M	-551M	-540M	-526M
Comprehensive Income and Other	3.36B	5.91B	9.16B	11.13B	13.28B
Total Common Equity	26.76B	29.57B	34.23B	35.46B	38.66B
Minority Interest	1.16B	1.1B	994M	909M	839M
Total Equity	27.92B	30.67B	35.22B	36.37B	39.49B
Total Liabilities And Equity	56.18B	61.64B	67.95B	67.78B	76.8B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	9.57M	9.58M	9.58M	9.59M	9.61M
ECS Total Common Shares Outstanding	9.57M	9.58M	9.58M	9.59M	9.61M
Book Value / Share	2.8K	3.09K	3.57K	3.7K	4.02K
Tangible Book Value	23.75B	26.71B	31.02B	32.37B	35.96B
Tangible Book Value Per Share	2.48K	2.79K	3.24K	3.37K	3.74K
Total Debt	16.71B	17.83B	17.59B	17.75B	20.75B
Net Debt	10.28B	10.89B	7.78B	7.5B	10.69B
Debt Equivalent of Unfunded Proj. Benefit Obligation	218M	235M	276M	317M	413M
Minority Interest, Total (Incl. Fin. Div)	1.16B	1.1B	994M	909M	839M
Inventories - Raw Materials, Total	5.06B	6.74B	7.01B	6.69B	7.36B
Inventories - Work In Process, Total	1.23B	1.35B	1.35B	1.62B	1.67B
Inventories - Finished Goods, Total	1.79B	2.38B	2.69B	2.58B	3.07B
Full Time Employees	4.38K	4.24K	4.3K	4.16K	4.07K
Accumulated Allowance for Doubtful Accounts (Supple)	214M	73M	71M	25M	56M
Order Backlog	14.63B	16.36B	16.7B	16.85B	19.15B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Net Income	891M	790M	2.2B	-461M	1.9B
Depreciation & Amortization - CF	3.34B	3.66B	3.56B	3.56B	3.65B
Depreciation & Amortization, Total	3.34B	3.66B	3.56B	3.56B	3.65B
(Gain) Loss From Sale Of Asset	435M	586M	466M	1.06B	60M
(Gain) Loss on Sale of Investments - (CF)	-290M	-37M	-	-	13M
Other Operating Activities, Total	-422M	-469M	-866M	-624M	-616M
Change In Accounts Receivable	-591M	-441M	-78M	2.07B	-1.58B
Change In Inventories	-893M	-1.5B	340M	1.21B	-578M
Change In Accounts Payable	-8M	216M	-179M	-445M	1.77B
Change in Other Net Operating Assets	-584M	108M	1.66B	-478M	-951M
Cash from Operations	1.87B	2.91B	7.11B	5.89B	3.67B
Capital Expenditure	-2.14B	-2.87B	-2.85B	-3.68B	-4.54B
Sale of Property, Plant, and Equipment	251M	318M	205M	104M	-12M
Cash Acquisitions	-	-	-	-	-132M
Divestitures	-	-	-	10M	-
Sale (Purchase) of Intangible assets	-72M	-103M	-883M	-186M	-117M
Investment in Marketable and Equity Securities, Total	274M	-116M	118M	-33M	-113M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	34M	-15M	154M	-128M	-
Cash from Investing	-1.65B	-2.78B	-3.26B	-3.92B	-4.91B
Short Term Debt Issued, Total	-	1.68B	1.4B	2.31B	3.26B
Long-Term Debt Issued, Total	3.66B	3.4B	2.38B	151M	1.33B
Total Debt Issued	3.66B	5.08B	3.78B	2.46B	4.6B
Short Term Debt Repaid, Total	-96M	-	-	-	-
Long-Term Debt Repaid, Total	-3.98B	-4.03B	-3.84B	-3.29B	-2.68B
Total Debt Repaid	-4.07B	-4.03B	-3.84B	-3.29B	-2.68B
Common Dividends Paid	-286M	-287M	-383M	-431M	-460M
Common & Preferred Stock Dividends Paid	-286M	-287M	-383M	-431M	-460M
Other Financing Activities, Total	-1.04B	-700M	-649M	-649M	-621M
Cash from Financing	-1.74B	62M	-1.09B	-1.9B	835M
Foreign Exchange Rate Adjustments	45M	179M	228M	366M	123M
Miscellaneous Cash Flow Adjustments	1M	-	-1M	-2M	1M
Net Change in Cash	-1.47B	368M	2.98B	438M	-286M
Supplemental Items
Cash Interest Paid	205M	209M	296M	362M	391M
Cash Income Tax Paid (Refund)	467M	522M	932M	672M	687M
Levered Free Cash Flow	-1.73B	-1.56B	1.2B	473M	-2.69B
Unlevered Free Cash Flow	-1.6B	-1.42B	1.38B	697M	-2.44B
Change In Net Working Capital	3.1B	2.49B	-35M	-432M	1.97B
Net Debt Issued / Repaid	-413M	1.05B	-62M	-823M	1.92B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Profitability
Return on Assets	0.65	0.64	2.35	0.84	0.73
Return on Total Capital	0.82	0.81	3.01	1.07	0.92
Return On Equity %	2.26	1.4	5.01	-1.31	3.42
Return on Common Equity	2.3	1.86	5.65	-0.86	3.73
Margin Analysis
Gross Profit Margin %	14.49	13.62	15.33	13.97	14.72
SG&A Margin	13.4	12.66	12.05	12.73	13.56
EBITDA Margin %	7.29	6.78	8.05	6.09	6.18
EBITA Margin %	1.09	0.96	3.27	1.24	1.16
EBIT Margin %	1.09	0.96	3.27	1.24	1.16
Income From Continuing Operations Margin %	1.14	0.65	2.21	-0.64	1.78
Net Income Margin %	1.12	0.83	2.42	-0.41	1.9
Net Avail. For Common Margin %	1.12	0.83	2.42	-0.41	1.9
Normalized Net Income Margin	1.04	1.52	2.79	0.75	1.51
Levered Free Cash Flow Margin	-3.22	-2.47	1.6	0.64	-3.7
Unlevered Free Cash Flow Margin	-2.98	-2.26	1.86	0.95	-3.36
Asset Turnover
Asset Turnover	0.96	1.07	1.15	1.08	1.01
Fixed Assets Turnover	2.81	3.28	3.82	3.65	3.23
Receivables Turnover (Average Receivables)	4.15	4.32	4.72	4.67	4.45
Inventory Turnover (Average Inventory)	6.26	5.86	5.87	5.77	5.39
Short Term Liquidity
Current Ratio	1.77	1.68	1.67	1.56	1.39
Quick Ratio	1.17	1.05	1.09	1.02	0.89
Operating Cash Flow to Current Liabilities	0.11	0.14	0.3	0.24	0.12
Days Sales Outstanding (Average Receivables)	87.98	84.48	77.59	78.08	81.96
Days Outstanding Inventory (Average Inventory)	58.33	62.31	62.37	63.31	67.68
Average Days Payable Outstanding	46.93	44.28	44.06	46.28	48.53
Cash Conversion Cycle (Average Days)	99.38	102.51	95.9	95.11	101.11
Long Term Solvency
Total Debt/Equity	59.84	58.15	49.93	48.8	52.54
Total Debt / Total Capital	37.44	36.77	33.3	32.8	34.44
LT Debt/Equity	33.75	27.88	20.51	14.62	11.53
Long-Term Debt / Total Capital	21.11	17.63	13.68	9.83	7.56
Total Liabilities / Total Assets	50.3	50.25	48.16	46.34	48.58
EBIT / Interest Expense	2.84	2.8	8.07	2.55	2.12
EBITDA / Interest Expense	19.04	19.82	19.87	12.47	11.32
(EBITDA - Capex) / Interest Expense	8.67	6.48	10.42	2.21	-0.1
Total Debt / EBITDA	4.26	4.18	2.93	3.97	4.62
Net Debt / EBITDA	2.62	2.55	1.3	1.68	2.38
Total Debt / (EBITDA - Capex)	9.36	12.79	5.59	22.35	-506.1
Net Debt / (EBITDA - Capex)	5.76	7.81	2.47	9.45	-260.73
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	12.93	16.95	18.55	-1.39	-1.1
Gross Profit, 1 Yr. Growth %	4.41	9.9	33.43	-10.11	4.24
EBITDA, 1 Yr. Growth %	5.63	8.67	40.8	-25.41	0.45
EBITA, 1 Yr. Growth %	-32.49	2.56	305.66	-62.51	-7.77
EBIT, 1 Yr. Growth %	-32.49	2.56	305.66	-62.51	-7.77
Earnings From Cont. Operations, 1 Yr. Growth %	186.05	-33.33	302.68	-128.47	-375.74
Net Income, 1 Yr. Growth %	167.86	-12.67	243.89	-116.7	-559.47
Normalized Net Income, 1 Yr. Growth %	-6.59	70.42	117.5	-73.52	99.36
Diluted EPS Before Extra, 1 Yr. Growth %	167.63	-12.81	243.68	-116.69	-558.7
Accounts Receivable, 1 Yr. Growth %	14.21	10.63	6.74	-7.26	15.74
Inventory, 1 Yr. Growth %	22.13	29.56	5.53	-1.39	11.08
Net Property, Plant and Equip., 1 Yr. Growth %	-1.89	2.56	1.32	5.11	17.51
Total Assets, 1 Yr. Growth %	0.79	9.71	10.24	-0.25	13.31
Tangible Book Value, 1 Yr. Growth %	6.62	12.45	16.16	4.34	11.07
Common Equity, 1 Yr. Growth %	4.98	10.48	15.77	3.6	9.01
Cash From Operations, 1 Yr. Growth %	-38.76	55.34	144.28	-17.14	-37.78
Capital Expenditures, 1 Yr. Growth %	-21.61	34.21	-0.49	29.01	23.22
Levered Free Cash Flow, 1 Yr. Growth %	-2.01K	-10.2	-176.88	-60.46	-669.34
Unlevered Free Cash Flow, 1 Yr. Growth %	-769.62	-11.37	-197.42	-49.65	-450.54
Dividend Per Share, 1 Yr. Growth %	20	0	16.67	37.14	4.17
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-5.49	14.92	17.75	8.12	-1.25
Gross Profit, 2 Yr. CAGR %	-8.73	7.12	21.09	9.52	-3.2
EBITDA, 2 Yr. CAGR %	-7.79	7.14	23.7	2.48	-13.44
EBITA, 2 Yr. CAGR %	-43.15	-16.79	103.97	23.32	-41.2
EBIT, 2 Yr. CAGR %	-43.15	-16.79	103.97	23.32	-41.2
Earnings From Cont. Operations, 2 Yr. CAGR %	-29.17	38.09	63.85	7.07	-11.4
Net Income, 2 Yr. CAGR %	-29.58	52.95	73.3	-24.21	-12.39
Normalized Net Income, 2 Yr. CAGR %	-26.13	26.17	92.53	-24.11	-27.34
Diluted EPS Before Extra, 2 Yr. CAGR %	-29.61	52.76	73.1	-24.26	-12.5
Accounts Receivable, 2 Yr. CAGR %	10.85	12.4	8.67	-0.51	3.6
Inventory, 2 Yr. CAGR %	3.51	25.79	16.93	2.01	4.66
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.52	0.31	1.94	3.2	11.13
Total Assets, 2 Yr. CAGR %	-0.16	5.16	9.97	4.86	6.32
Tangible Book Value, 2 Yr. CAGR %	4.66	9.49	14.29	10.1	7.66
Common Equity, 2 Yr. CAGR %	2.93	7.7	13.1	9.51	6.27
Cash From Operations, 2 Yr. CAGR %	-26.47	-2.46	94.8	42.27	-28.2
Capital Expenditures, 2 Yr. CAGR %	-27.05	2.57	15.56	13.31	26.08
Levered Free Cash Flow, 2 Yr. CAGR %	38.29	314.04	-16.91	-44.87	50.03
Unlevered Free Cash Flow, 2 Yr. CAGR %	46.15	143.61	-7.08	-29.96	32.85
Dividend Per Share, 2 Yr. CAGR %	-13.4	9.54	8.01	26.49	19.52
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.77	1.47	16.12	10.99	4.95
Gross Profit, 3 Yr. CAGR %	-10.7	-2.9	15.25	9.64	7.73
EBITDA, 3 Yr. CAGR %	-11.68	-2.6	17.35	4.5	1.8
EBITA, 3 Yr. CAGR %	-43.31	-30.79	41.09	15.97	11.94
EBIT, 3 Yr. CAGR %	-43.31	-30.79	41.09	15.97	11.94
Earnings From Cont. Operations, 3 Yr. CAGR %	-34.92	-30.59	97.29	-8.57	46.76
Net Income, 3 Yr. CAGR %	-34.54	-24.34	100.37	-20.54	38.2
Normalized Net Income, 3 Yr. CAGR %	-33.63	-2.39	51.28	-0.62	4.71
Diluted EPS Before Extra, 3 Yr. CAGR %	-34.56	-24.41	100.16	-20.62	38.05
Accounts Receivable, 3 Yr. CAGR %	3.2	10.78	10.48	3.07	4.64
Inventory, 3 Yr. CAGR %	2.38	11.55	18.64	10.47	4.95
Net Property, Plant and Equip., 3 Yr. CAGR %	2.53	-0.86	0.65	2.98	7.76
Total Assets, 3 Yr. CAGR %	0.47	3.03	6.82	6.46	7.61
Tangible Book Value, 3 Yr. CAGR %	-0.98	7.19	11.67	10.87	10.42
Common Equity, 3 Yr. CAGR %	-0.93	5.39	10.32	9.84	9.35
Cash From Operations, 3 Yr. CAGR %	-25.52	-5.65	32.46	46.5	7.99
Capital Expenditures, 3 Yr. CAGR %	-16.77	-10.62	1.54	19.88	16.52
Levered Free Cash Flow, 3 Yr. CAGR %	84.55	19.75	136.21	-35.13	20.06
Unlevered Free Cash Flow, 3 Yr. CAGR %	61.6	23.7	79.48	-24.24	19.8
Dividend Per Share, 3 Yr. CAGR %	-9.14	-9.14	11.87	16.96	18.56
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.04	1.26	4.32	4.08	8.83
Gross Profit, 5 Yr. CAGR %	-4.1	-5.06	0.87	1.89	7.48
EBITDA, 5 Yr. CAGR %	-5.22	-5.11	1.06	-0.6	3.9
EBITA, 5 Yr. CAGR %	-27.94	-28.49	-5.39	-12.8	-0.58
EBIT, 5 Yr. CAGR %	-27.94	-28.49	-5.39	-12.8	-0.58
Earnings From Cont. Operations, 5 Yr. CAGR %	5.21	-27.95	-5.84	-17.45	43.23
Net Income, 5 Yr. CAGR %	9.74	-23.68	-3.37	-24.29	43.92
Normalized Net Income, 5 Yr. CAGR %	-13.99	-12.1	1.62	-11.74	12.82
Diluted EPS Before Extra, 5 Yr. CAGR %	9.72	-23.72	-3.43	-24.35	43.76
Accounts Receivable, 5 Yr. CAGR %	3.22	4.08	5.35	6.12	7.68
Inventory, 5 Yr. CAGR %	2.65	8.24	7.97	7.63	12.84
Net Property, Plant and Equip., 5 Yr. CAGR %	3.19	3.52	2.29	0.74	4.72
Total Assets, 5 Yr. CAGR %	0.6	2.64	4.17	3.76	6.62
Tangible Book Value, 5 Yr. CAGR %	0.29	0.6	4.87	8.35	10.05
Common Equity, 5 Yr. CAGR %	1.26	1.29	4.46	7.02	8.68
Cash From Operations, 5 Yr. CAGR %	-17.52	-2.71	9.41	11.2	3.68
Capital Expenditures, 5 Yr. CAGR %	1.1	4.53	-5.09	-1.72	10.73
Levered Free Cash Flow, 5 Yr. CAGR %	-9.27	8.19	34.12	-12.19	96.99
Unlevered Free Cash Flow, 5 Yr. CAGR %	-11.41	3.91	29.51	-1.47	59.13
Dividend Per Share, 5 Yr. CAGR %	0	-5.59	-2.64	3.71	14.87