Income Statement Asti Corporation

Stocks

6899

JP3119960007

Auto, Truck & Motorcycle Parts

Market Closed - Japan Exchange 02:30:00 2026-09-29 EDT			5-day change	1st Jan Change
2,220.00 ^JPY	-1.68%		-3.31%	-9.90%

06-28	An undisclosed buyer agreed to acquire Zhejiang Yashidi Electronics Co., Ltd. from Asti Corporation for CNY 58 million.	CI
23-05-15	Asti Corporation Reports Earnings Results for the Full Year Ended March 31, 2023	CI

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Published financial data: ASTI CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Revenues	58.79B	64.88B	63.61B	65.44B	62.4B
Total Revenues	58.79B	64.88B	63.61B	65.44B	62.4B
Cost of Goods Sold, Total	54.42B	58.5B	56.43B	59.06B	55.95B
Gross Profit	4.37B	6.39B	7.18B	6.38B	6.45B
Selling General & Admin Expenses, Total	3.85B	4.23B	4.49B	4.44B	4.78B
Depreciation & Amortization - (IS)	228M	249M	418M	420M	363M
Other Operating Expenses	16M	11M	30M	-	-
Other Operating Expenses, Total	4.09B	4.49B	4.94B	4.86B	5.15B
Operating Income	282M	1.89B	2.23B	1.52B	1.3B
Interest Expense, Total	-77M	-116M	-141M	-96M	-120M
Interest And Investment Income	44M	41M	94M	79M	94M
Net Interest Expenses	-33M	-75M	-47M	-17M	-26M
Currency Exchange Gains (Loss)	488M	194M	805M	-44M	-30M
Other Non Operating Income (Expenses)	101M	116M	128M	166M	92M
EBT, Excl. Unusual Items	838M	2.13B	3.12B	1.62B	1.34B
Gain (Loss) On Sale Of Investments	45M	-	-	3M	-
Gain (Loss) On Sale Of Assets	-23M	-58M	9M	-12M	586M
Asset Writedown	-	-	-40M	-278M	-14M
Other Unusual Items	1M	1M	278M	-	-854M
EBT, Incl. Unusual Items	861M	2.07B	3.37B	1.34B	1.06B
Income Tax Expense	155M	562M	659M	704M	341M
Earnings From Continuing Operations	706M	1.51B	2.71B	632M	715M
Net Income to Company	706M	1.51B	2.71B	632M	715M
Minority Interest	-4M	2M	-13M	-8M	-3M
Net Income - (IS)	702M	1.51B	2.7B	624M	712M
Net Income to Common Incl Extra Items	702M	1.51B	2.7B	624M	712M
Net Income to Common Excl. Extra Items	702M	1.51B	2.7B	624M	712M
Per Share Items
Net EPS - Basic	224.57	483.69	862.12	199.68	227.84
Basic EPS - Continuing Operations	224.57	483.69	862.12	199.68	227.84
Basic Weighted Average Shares Outstanding	3.13M	3.13M	3.13M	3.12M	3.12M
Net EPS - Diluted	224.57	483.69	862.12	199.68	227.84
Diluted EPS - Continuing Operations	224.57	483.69	862.12	199.68	227.84
Diluted Weighted Average Shares Outstanding	3.13M	3.13M	3.13M	3.12M	3.12M
Normalized Basic EPS	166.27	426.3	619.64	322.04	266.64
Normalized Diluted EPS	166.27	426.3	619.64	322.04	266.64
Dividend Per Share	40	90	150	110	80
Payout Ratio	31.05	8.27	10.39	75	48.17
Supplemental Items
EBITDA	1.98B	3.68B	4.51B	3.52B	3.2B
EBITA	282M	1.89B	2.23B	1.52B	1.3B
EBIT	282M	1.89B	2.23B	1.52B	1.3B
Effective Tax Rate - (Ratio)	18	27.12	19.57	52.69	32.29
Normalized Net Income	520M	1.33B	1.94B	1.01B	833M
Non-Cash Pension Expense	2.43M	5.62M	8.06M	10.68M	-2.5M
Supplemental Operating Expense Items
Selling and Marketing Expenses	362M	461M	382M	307M	324M
General and Administrative Expenses	105M	115M	121M	112M	109M
Research And Development Expense From Footnotes	276M	263M	271M	268M	345M

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	1.96B	2.84B	3.19B	4.39B	4.82B
Total Cash And Short Term Investments	1.96B	2.84B	3.19B	4.39B	4.82B
Accounts Receivable, Total	11.84B	9.77B	10.16B	10.12B	9.07B
Other Receivables	1.4B	1B	834M	257M	529M
Total Receivables	13.24B	10.77B	11B	10.38B	9.6B
Inventory	13.13B	14.81B	16.38B	14.37B	13.22B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	650M	448M	354M	461M	472M
Total Current Assets	28.99B	28.87B	30.92B	29.6B	28.11B
Net Property Plant And Equipment	11.8B	15.33B	14.79B	14.2B	14.84B
Long-term Investments	829M	878M	940M	1B	1.12B
Other Intangibles, Total	811M	858M	910M	855M	711M
Deferred Tax Assets Long-Term	321M	420M	446M	386M	232M
Other Long-Term Assets, Total	2M	1M	2M	1M	2M
Total Assets	42.75B	46.36B	48.01B	46.05B	45.01B
Liabilities
Accounts Payable, Total	5.08B	4.97B	5.1B	4.91B	4.79B
Accrued Expenses, Total	466M	550M	600M	633M	648M
Short-term Borrowings	7.98B	6.83B	6.43B	4.39B	3.78B
Current Portion of Leases	75M	80M	51M	27M	66M
Current Income Taxes Payable	1.54B	2.25B	1.68B	1.71B	1.7B
Other Current Liabilities	202M	236M	267M	369M	376M
Total Current Liabilities	15.36B	14.92B	14.13B	12.03B	11.36B
Long-Term Debt	7.78B	10.04B	9.22B	9.04B	8B
Long-Term Leases	149M	76M	21M	39M	215M
Pension & Other Post Retirement Benefits	108M	126M	161M	190M	212M
Deferred Tax Liability Non Current	6M	16M	34M	52M	63M
Other Non Current Liabilities	72M	76M	123M	112M	131M
Total Liabilities	23.48B	25.25B	23.69B	21.47B	19.98B
Common Stock, Total	2.48B	2.48B	2.48B	2.48B	2.48B
Additional Paid In Capital	2.64B	2.64B	2.64B	2.64B	2.64B
Retained Earnings	13.4B	14.79B	17.2B	17.36B	17.73B
Treasury Stock	-417M	-417M	-418M	-418M	-419M
Comprehensive Income and Other	1.16B	1.6B	2.38B	2.48B	2.56B
Total Common Equity	19.26B	21.09B	24.28B	24.54B	24.99B
Minority Interest	19M	17M	33M	39M	42M
Total Equity	19.28B	21.1B	24.32B	24.58B	25.03B
Total Liabilities And Equity	42.75B	46.36B	48.01B	46.05B	45.01B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.13M	3.13M	3.13M	3.13M	3.13M
ECS Total Common Shares Outstanding	3.13M	3.13M	3.13M	3.13M	3.13M
Book Value / Share	6.16K	6.75K	7.77K	7.85K	7.99K
Tangible Book Value	18.45B	20.23B	23.38B	23.69B	24.28B
Tangible Book Value Per Share	5.9K	6.47K	7.48K	7.58K	7.77K
Total Debt	15.99B	17.03B	15.72B	13.5B	12.06B
Net Debt	14.03B	14.2B	12.53B	9.11B	7.24B
Debt Equivalent of Unfunded Proj. Benefit Obligation	108M	126M	161M	191M	213M
Minority Interest, Total (Incl. Fin. Div)	19M	17M	33M	39M	42M
Inventories - Raw Materials, Total	9.93B	11.68B	12.94B	11.28B	9.74B
Inventories - Work In Process, Total	1.35B	1.26B	1.47B	1.31B	1.38B
Inventories - Finished Goods, Total	1.85B	1.87B	1.97B	1.77B	2.1B
Inventories - Others	1M	1M	2M	1M	2M
Full Time Employees	4.52K	4.36K	4.35K	4.23K	4.28K
Order Backlog	8.22B	6.62B	7.98B	7.74B	8.46B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Net Income	862M	2.07B	3.37B	1.34B	1.06B
Depreciation & Amortization - CF	1.69B	1.79B	2.27B	2B	1.9B
Depreciation & Amortization, Total	1.69B	1.79B	2.27B	2B	1.9B
(Gain) Loss From Sale Of Asset	23M	22M	-9M	290M	-585M
(Gain) Loss on Sale of Investments - (CF)	-45M	-	-	-3M	-
Other Operating Activities, Total	-170M	-214M	-973M	-272M	-669M
Change In Accounts Receivable	-304M	2.28B	-60M	146M	1.16B
Change In Inventories	-5.31B	-1.43B	-943M	2B	1.06B
Change In Accounts Payable	-100M	-379M	-49M	42M	-268M
Change in Other Net Operating Assets	-1.41B	771M	-383M	63M	543M
Cash from Operations	-4.75B	4.91B	3.22B	5.6B	4.21B
Capital Expenditure	-1.46B	-4.74B	-1.76B	-1.7B	-2.51B
Sale of Property, Plant, and Equipment	113M	5M	334M	20M	749M
Sale (Purchase) of Intangible assets	-76M	-238M	-124M	-66M	123M
Investment in Marketable and Equity Securities, Total	50M	1M	-409M	333M	-886M
Other Investing Activities, Total	13M	-12M	-4M	-47M	-2M
Cash from Investing	-1.36B	-4.98B	-1.96B	-1.46B	-2.52B
Short Term Debt Issued, Total	3.19B	-	163M	-	-
Long-Term Debt Issued, Total	4B	5.3B	1.3B	2.3B	1.45B
Total Debt Issued	7.19B	5.3B	1.46B	2.3B	1.45B
Short Term Debt Repaid, Total	-	-2.52B	-	-2.32B	-666M
Long-Term Debt Repaid, Total	-1.2B	-1.69B	-2.71B	-2.2B	-2.44B
Total Debt Repaid	-1.2B	-4.21B	-2.71B	-4.52B	-3.11B
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-218M	-125M	-280M	-468M	-343M
Common & Preferred Stock Dividends Paid	-218M	-125M	-280M	-468M	-343M
Other Financing Activities, Total	-68M	-78M	-95M	-29M	-53M
Cash from Financing	5.7B	890M	-1.63B	-2.72B	-2.05B
Foreign Exchange Rate Adjustments	179M	51M	304M	103M	-86M
Miscellaneous Cash Flow Adjustments	1M	1M	-	-	-
Net Change in Cash	-229M	873M	-58M	1.53B	-457M
Supplemental Items
Cash Interest Paid	77M	117M	142M	97M	120M
Cash Income Tax Paid (Refund)	292M	324M	1.06B	688M	419M
Levered Free Cash Flow	-6.86B	-376M	-349M	3.61B	2.07B
Unlevered Free Cash Flow	-6.81B	-303M	-261M	3.67B	2.14B
Change In Net Working Capital	7.15B	-1.7B	2.05B	-2.48B	-1.81B
Net Debt Issued / Repaid	5.99B	1.09B	-1.25B	-2.22B	-1.66B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Profitability
Return on Assets	0.45	2.66	2.96	2.02	1.79
Return on Total Capital	0.56	3.23	3.57	2.43	2.17
Return On Equity %	3.79	7.48	11.92	2.58	2.88
Return on Common Equity	3.78	7.5	11.88	2.56	2.87
Margin Analysis
Gross Profit Margin %	7.44	9.85	11.28	9.75	10.34
SG&A Margin	6.55	6.53	7.06	6.79	7.67
EBITDA Margin %	3.36	5.67	7.08	5.37	5.13
EBITA Margin %	0.48	2.92	3.51	2.32	2.09
EBIT Margin %	0.48	2.92	3.51	2.32	2.09
Income From Continuing Operations Margin %	1.2	2.33	4.26	0.97	1.15
Net Income Margin %	1.19	2.33	4.24	0.95	1.14
Net Avail. For Common Margin %	1.19	2.33	4.24	0.95	1.14
Normalized Net Income Margin	0.88	2.05	3.05	1.54	1.34
Levered Free Cash Flow Margin	-11.67	-0.58	-0.55	5.51	3.31
Unlevered Free Cash Flow Margin	-11.59	-0.47	-0.41	5.61	3.43
Asset Turnover
Asset Turnover	1.52	1.46	1.35	1.39	1.37
Fixed Assets Turnover	5.04	4.78	4.22	4.51	4.3
Receivables Turnover (Average Receivables)	5.12	6	6.38	6.45	6.5
Inventory Turnover (Average Inventory)	5.29	4.19	3.62	3.84	4.06
Short Term Liquidity
Current Ratio	1.89	1.94	2.19	2.46	2.47
Quick Ratio	0.99	0.91	1	1.23	1.27
Operating Cash Flow to Current Liabilities	-0.31	0.33	0.23	0.47	0.37
Days Sales Outstanding (Average Receivables)	71.25	60.79	57.34	56.58	56.14
Days Outstanding Inventory (Average Inventory)	69	87.17	101.14	95	89.99
Average Days Payable Outstanding	29.33	30.48	31.76	32.01	32.3
Cash Conversion Cycle (Average Days)	110.93	117.48	126.72	119.57	113.83
Long Term Solvency
Total Debt/Equity	82.97	80.72	64.65	54.92	48.17
Total Debt / Total Capital	45.35	44.67	39.27	35.45	32.51
LT Debt/Equity	41.16	47.96	38.01	36.94	32.8
Long-Term Debt / Total Capital	22.5	26.54	23.08	23.84	22.14
Total Liabilities / Total Assets	54.91	54.48	49.35	46.62	44.39
EBIT / Interest Expense	3.66	16.33	15.84	15.81	10.85
EBITDA / Interest Expense	25.65	31.74	31.96	36.61	26.69
(EBITDA - Capex) / Interest Expense	6.75	-9.09	19.5	18.96	5.78
Total Debt / EBITDA	8.1	4.63	3.49	3.84	3.76
Net Debt / EBITDA	7.1	3.86	2.78	2.59	2.26
Total Debt / (EBITDA - Capex)	30.76	-16.16	5.72	7.42	17.37
Net Debt / (EBITDA - Capex)	26.98	-13.47	4.56	5	10.43
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	30.03	10.36	-1.97	2.88	-4.65
Gross Profit, 1 Yr. Growth %	1.02	46.04	12.32	-11.05	1.07
EBITDA, 1 Yr. Growth %	-22.24	86.43	22.38	-21.99	-8.88
EBITA, 1 Yr. Growth %	-71.22	571.63	17.95	-32.05	-14.23
EBIT, 1 Yr. Growth %	-71.22	571.63	17.95	-32.05	-14.23
Earnings From Cont. Operations, 1 Yr. Growth %	-49.17	113.88	79.34	-76.66	13.13
Net Income, 1 Yr. Growth %	-49.5	115.38	78.24	-76.85	14.1
Normalized Net Income, 1 Yr. Growth %	-39.9	156.4	45.35	-48.04	-17.2
Diluted EPS Before Extra, 1 Yr. Growth %	-49.5	115.38	78.24	-76.84	14.1
Accounts Receivable, 1 Yr. Growth %	6.63	-17.54	4.06	-0.39	-10.39
Inventory, 1 Yr. Growth %	76.35	12.81	10.57	-12.28	-7.96
Net Property, Plant and Equip., 1 Yr. Growth %	2.52	29.91	-3.51	-3.98	4.44
Total Assets, 1 Yr. Growth %	23.08	8.43	3.57	-4.08	-2.26
Tangible Book Value, 1 Yr. Growth %	7.36	9.66	15.56	1.33	2.5
Common Equity, 1 Yr. Growth %	7.44	9.5	15.17	1.06	1.82
Cash From Operations, 1 Yr. Growth %	-3.21K	-203.3	-34.37	73.75	-24.89
Capital Expenditures, 1 Yr. Growth %	-0.48	225.5	-62.92	-3.47	48.02
Levered Free Cash Flow, 1 Yr. Growth %	305.13	-94.52	-7.15	-1.13K	-42.7
Unlevered Free Cash Flow, 1 Yr. Growth %	312.64	-95.55	-14.01	-1.51K	-41.59
Dividend Per Share, 1 Yr. Growth %	-42.86	125	66.67	-26.67	-27.27
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.68	19.79	4.02	0.43	-0.95
Gross Profit, 2 Yr. CAGR %	-2.52	21.46	28.08	-0.05	-5.19
EBITDA, 2 Yr. CAGR %	-11.87	20.4	51.05	-2.29	-15.69
EBITA, 2 Yr. CAGR %	-45.8	39.02	181.46	-10.47	-23.66
EBIT, 2 Yr. CAGR %	-45.8	39.02	181.46	-10.47	-23.66
Earnings From Cont. Operations, 2 Yr. CAGR %	14.13	4.26	95.85	-35.31	-48.62
Net Income, 2 Yr. CAGR %	13.7	4.3	95.93	-35.76	-48.6
Normalized Net Income, 2 Yr. CAGR %	-10	24.14	93.05	-13.1	-34.41
Diluted EPS Before Extra, 2 Yr. CAGR %	13.7	4.3	95.93	-35.75	-48.59
Accounts Receivable, 2 Yr. CAGR %	13.41	-6.23	-7.37	1.81	-5.52
Inventory, 2 Yr. CAGR %	49.44	41.05	11.69	-1.51	-10.15
Net Property, Plant and Equip., 2 Yr. CAGR %	2.92	15.4	11.96	-3.75	0.14
Total Assets, 2 Yr. CAGR %	18.88	15.53	5.97	-0.33	-3.17
Tangible Book Value, 2 Yr. CAGR %	8.83	8.5	12.57	8.21	1.91
Common Equity, 2 Yr. CAGR %	8.84	8.46	12.3	7.88	1.44
Cash From Operations, 2 Yr. CAGR %	31.89	466.55	-17.66	6.78	14.24
Capital Expenditures, 2 Yr. CAGR %	-8.19	79.98	9.86	-40.18	19.53
Levered Free Cash Flow, 2 Yr. CAGR %	862.21	-52.9	-77.45	209.91	143.45
Unlevered Free Cash Flow, 2 Yr. CAGR %	666.47	-57.15	-80.44	247.82	186.66
Dividend Per Share, 2 Yr. CAGR %	-10.56	13.39	93.65	10.55	-26.97
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.33	12.56	12.05	3.64	-1.29
Gross Profit, 3 Yr. CAGR %	-6.21	11.54	18.33	13.42	0.32
EBITDA, 3 Yr. CAGR %	-14.77	13.13	21.06	21.19	-4.54
EBITA, 3 Yr. CAGR %	-45.38	25.42	31.61	75.26	-11.74
EBIT, 3 Yr. CAGR %	-45.38	25.42	31.61	75.26	-11.74
Earnings From Cont. Operations, 3 Yr. CAGR %	-24.18	40.71	24.92	-3.62	-22.06
Net Income, 3 Yr. CAGR %	-24.25	40.69	24.69	-3.85	-22.2
Normalized Net Income, 3 Yr. CAGR %	-26.18	27.59	30.84	24.64	-14.49
Diluted EPS Before Extra, 3 Yr. CAGR %	-23.97	40.69	24.69	-3.84	-22.19
Accounts Receivable, 3 Yr. CAGR %	6.76	1.98	-2.92	-5.1	-2.43
Inventory, 3 Yr. CAGR %	28.21	36.07	30.05	3.05	-3.71
Net Property, Plant and Equip., 3 Yr. CAGR %	1.39	11.23	8.72	6.37	-1.09
Total Assets, 3 Yr. CAGR %	10.47	15.29	11.39	2.51	-0.98
Tangible Book Value, 3 Yr. CAGR %	5.3	9.11	10.8	8.69	6.27
Common Equity, 3 Yr. CAGR %	5.61	9.06	10.65	8.42	5.82
Cash From Operations, 3 Yr. CAGR %	21.57	21.57	176.18	5.61	-5.03
Capital Expenditures, 3 Yr. CAGR %	-21.74	40	6.3	5.22	-19.08
Levered Free Cash Flow, 3 Yr. CAGR %	79	71.78	-40.95	-19.29	76.55
Unlevered Free Cash Flow, 3 Yr. CAGR %	81.53	37.76	-45.95	-18.65	91.89
Dividend Per Share, 3 Yr. CAGR %	-17.02	21.64	28.92	40.1	-3.85
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.63	6.37	5.99	7.54	6.66
Gross Profit, 5 Yr. CAGR %	-2.06	3.7	6.24	6.75	8.3
EBITDA, 5 Yr. CAGR %	-5.49	3.9	7.15	6.69	4.75
EBITA, 5 Yr. CAGR %	-29.25	1.07	5.23	9.6	5.85
EBIT, 5 Yr. CAGR %	-29.25	1.07	5.23	9.6	5.85
Earnings From Cont. Operations, 5 Yr. CAGR %	-13.04	1.58	10.82	3.12	-12.44
Net Income, 5 Yr. CAGR %	-13.08	1.65	10.78	2.82	-12.52
Normalized Net Income, 5 Yr. CAGR %	-15.02	2.96	8.44	9.42	-0.74
Diluted EPS Before Extra, 5 Yr. CAGR %	-12.71	2.08	11.03	2.83	-12.52
Accounts Receivable, 5 Yr. CAGR %	3.54	-1.07	0.87	1.91	-3.97
Inventory, 5 Yr. CAGR %	21.15	23.22	21.33	19.57	12.17
Net Property, Plant and Equip., 5 Yr. CAGR %	5.62	7.97	5.49	4.98	5.2
Total Assets, 5 Yr. CAGR %	8.89	8.35	8.65	8.77	5.32
Tangible Book Value, 5 Yr. CAGR %	6.26	6.16	8.15	8.75	7.16
Common Equity, 5 Yr. CAGR %	6.54	6.49	8.24	8.59	6.87
Cash From Operations, 5 Yr. CAGR %	38.26	11.62	4.02	15.43	94.02
Capital Expenditures, 5 Yr. CAGR %	4.28	13.49	-10.37	-0.36	11.41
Levered Free Cash Flow, 5 Yr. CAGR %	60.63	24.87	-21.85	117.51	4.07
Unlevered Free Cash Flow, 5 Yr. CAGR %	62.11	10.69	-25.54	99.53	5.35
Dividend Per Share, 5 Yr. CAGR %	2.71	8.45	16.47	17.08	2.71