Income Statement Canox Corporation NAGOYA STOCK EXCHANGE

Stocks

8076

JP3218200008

Iron & Steel

End-of-day quote NAGOYA STOCK EXCHANGE 2022-12-02			5-day change	1st Jan Change
1,320.00 ^JPY	+0.15%		+0.46%	+6.88%

05-14

Canox Corporation agreed to acquire Ogawashinko Shoten, K.K.

396.QqR3eNwQ3IAuhmkoQpkVrRzeOdZHM7UL7V39Q5oKgK0.BuVPHe1gk-pHz1xZBvRgwU-nU4Egcvl8gweUJfd82dUBxxM8tCaG1xbtBg

Published financial data: CANOX CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Revenues	117B	152B	172B	173B	159B
Total Revenues	117B	152B	172B	173B	159B
Cost of Goods Sold, Total	109B	144B	165B	165B	150B
Gross Profit	7.29B	7.53B	7.82B	8.28B	8.8B
Selling General & Admin Expenses, Total	4.68B	5.02B	5.15B	5.63B	6.09B
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	136M	143M	144M	138M	196M
Other Operating Expenses, Total	4.81B	5.17B	5.3B	5.77B	6.29B
Operating Income	2.48B	2.36B	2.53B	2.51B	2.51B
Interest Expense, Total	-62M	-91M	-107M	-188M	-265M
Interest And Investment Income	154M	178M	228M	317M	377M
Net Interest Expenses	92M	87M	121M	129M	112M
Income (Loss) On Equity Invest.	6M	3M	9M	-20M	43M
Other Non Operating Income (Expenses)	150M	115M	174M	235M	299M
EBT, Excl. Unusual Items	2.73B	2.57B	2.83B	2.86B	2.96B
Gain (Loss) On Sale Of Investments	-	-	-	-	147M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-	-76M
EBT, Incl. Unusual Items	2.73B	2.57B	2.83B	2.86B	3.04B
Income Tax Expense	845M	790M	882M	869M	931M
Earnings From Continuing Operations	1.89B	1.78B	1.95B	1.99B	2.1B
Net Income to Company	1.89B	1.78B	1.95B	1.99B	2.1B
Net Income - (IS)	1.89B	1.78B	1.95B	1.99B	2.1B
Net Income to Common Incl Extra Items	1.89B	1.78B	1.95B	1.99B	2.1B
Net Income to Common Excl. Extra Items	1.89B	1.78B	1.95B	1.99B	2.1B
Per Share Items
Net EPS - Basic	192.86	181.72	202.62	217.96	219.72
Basic EPS - Continuing Operations	192.86	181.72	202.62	217.96	219.72
Basic Weighted Average Shares Outstanding	9.78M	9.78M	9.63M	9.12M	9.58M
Net EPS - Diluted	192.86	181.72	202.62	217.96	219.72
Diluted EPS - Continuing Operations	192.86	181.72	202.62	217.96	219.72
Diluted Weighted Average Shares Outstanding	9.78M	9.78M	9.63M	9.12M	9.58M
Normalized Basic EPS	174.54	164.07	183.86	195.81	193.46
Normalized Diluted EPS	174.54	164.07	183.86	195.81	193.46
Dividend Per Share	80	90	101	102	104
Payout Ratio	33.67	46.65	49.54	45.09	47.58
Supplemental Items
EBITDA	2.8B	2.69B	2.86B	2.82B	2.88B
EBITA	2.48B	2.36B	2.53B	2.51B	2.51B
EBIT	2.48B	2.36B	2.53B	2.51B	2.51B
Effective Tax Rate - (Ratio)	30.94	30.78	31.12	30.43	30.68
Normalized Net Income	1.71B	1.6B	1.77B	1.78B	1.85B
Non-Cash Pension Expense	-41.15M	-55.2M	-58.23M	-141M	-57.98M
Supplemental Operating Expense Items
Selling and Marketing Expenses	2.03B	2.13B	2.27B	2.56B	2.56B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	2.89B	2.95B	2.95B	5.22B	9.04B
Total Cash And Short Term Investments	2.89B	2.95B	2.95B	5.22B	9.04B
Accounts Receivable, Total	38.13B	47.95B	44.9B	41.88B	35.32B
Total Receivables	38.13B	47.95B	44.9B	41.88B	35.32B
Inventory	19.61B	24.25B	24.42B	21.18B	19.56B
Prepaid Expenses	30M	30M	35M	50M	98M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	990M	346M	209M	171M	122M
Total Current Assets	61.65B	75.53B	72.5B	68.5B	64.14B
Net Property Plant And Equipment	6.63B	6.4B	6.17B	5.93B	6.38B
Long-term Investments	6.74B	6.55B	12.69B	13.24B	13.07B
Other Intangibles, Total	40M	27M	17M	33M	31M
Deferred Charges Long-Term	32M	28M	24M	21M	18M
Other Long-Term Assets, Total	2M	2M	2M	3M	2M
Total Assets	75.1B	88.54B	91.41B	87.73B	83.64B
Liabilities
Accounts Payable, Total	17.67B	23.32B	22.24B	18.49B	15.67B
Accrued Expenses, Total	260M	306M	288M	329M	339M
Short-term Borrowings	20.6B	25.7B	24.2B	22.9B	21.2B
Current Portion of Long-Term Debt	3.27B	1.58B	1.26B	1.97B	299M
Current Income Taxes Payable	737M	341M	518M	435M	561M
Other Current Liabilities	646M	572M	1.04B	1.1B	997M
Total Current Liabilities	43.19B	51.82B	49.55B	45.22B	39.07B
Long-Term Debt	4.11B	8.29B	8.52B	6.8B	7.3B
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	1.85B	1.79B	3.63B	3.9B	3.73B
Other Non Current Liabilities	174M	150M	137M	117M	149M
Total Liabilities	49.33B	62.04B	61.84B	56.04B	50.25B
Common Stock, Total	2.31B	2.31B	2.31B	2.31B	2.31B
Additional Paid In Capital	1.8B	1.8B	1.8B	1.8B	1.8B
Retained Earnings	18.27B	19.22B	20.19B	21.01B	21.8B
Treasury Stock	-1.06B	-1.06B	-3.17B	-2.04B	-1.04B
Comprehensive Income and Other	4.44B	4.23B	8.43B	8.62B	8.51B
Total Common Equity	25.77B	26.5B	29.57B	31.69B	33.39B
Total Equity	25.77B	26.5B	29.57B	31.69B	33.39B
Total Liabilities And Equity	75.1B	88.54B	91.41B	87.73B	83.64B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	9.78M	9.78M	8.87M	9.35M	9.81M
ECS Total Common Shares Outstanding	9.78M	9.78M	8.87M	9.35M	9.81M
Book Value / Share	2.64K	2.71K	3.33K	3.39K	3.41K
Tangible Book Value	25.73B	26.48B	29.55B	31.66B	33.36B
Tangible Book Value Per Share	2.63K	2.71K	3.33K	3.38K	3.4K
Total Debt	27.99B	35.56B	33.98B	31.67B	28.8B
Net Debt	25.1B	32.61B	31.03B	26.44B	19.76B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-599M	-477M	-1.52B	-1.05B	-1.44B
Inventories - Finished Goods, Total	19.61B	24.25B	24.42B	21.18B	19.56B
Full Time Employees	296	290	296	303	349
Accumulated Allowance for Doubtful Accounts (Supple)	3M	4M	4M	4M	3M
Order Backlog	38.13B	44.27B	49.33B	50.37B	46.96B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Net Income	2.73B	2.57B	2.83B	2.86B	3.04B
Depreciation & Amortization - CF	315M	328M	328M	313M	365M
Depreciation & Amortization, Total	315M	328M	328M	313M	365M
(Gain) Loss From Sale Of Asset	-	-	-	-	76M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-147M
(Income) Loss On Equity Investments - (CF)	-6M	-3M	-9M	20M	-43M
Other Operating Activities, Total	-322M	-1.1B	-711M	-946M	-858M
Change In Accounts Receivable	-9.28B	-9.82B	3.06B	3.02B	6.56B
Change In Inventories	-8.96B	-4.72B	-36M	3.25B	1.7B
Change In Accounts Payable	5.16B	5.65B	-1.08B	-3.7B	-3.16B
Change in Other Net Operating Assets	-1.01B	622M	579M	-148M	-33M
Cash from Operations	-11.38B	-6.48B	4.96B	4.66B	7.48B
Capital Expenditure	-200M	-86M	-83M	-41M	-688M
Sale of Property, Plant, and Equipment	-	-	1M	3M	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-7M	-	-2M	-21M	-9M
Investment in Marketable and Equity Securities, Total	37M	-6M	-7M	30M	-347M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-1M	0	-1M	1M	1M
Other Investing Activities, Total	2M	-	-4M	-7M	-117M
Cash from Investing	-169M	-92M	-96M	-35M	-1.16B
Short Term Debt Issued, Total	8.7B	5.1B	-	-	-
Long-Term Debt Issued, Total	967M	5.72B	1.5B	1B	800M
Total Debt Issued	9.67B	10.82B	1.5B	1B	800M
Short Term Debt Repaid, Total	-	-	-1.5B	-1.3B	-1.7B
Long-Term Debt Repaid, Total	-1.52B	-3.32B	-1.58B	-2.01B	-1.97B
Total Debt Repaid	-1.52B	-3.32B	-3.08B	-3.31B	-3.67B
Issuance of Common Stock	-	-	189M	820M	831M
Repurchase of Common Stock	-	-	-2.32B	-	-1M
Common Dividends Paid	-635M	-829M	-967M	-896M	-1B
Common & Preferred Stock Dividends Paid	-635M	-829M	-967M	-896M	-1B
Other Financing Activities, Total	-22M	-31M	-57M	-35M	-35M
Cash from Financing	7.49B	6.64B	-4.74B	-2.42B	-3.07B
Miscellaneous Cash Flow Adjustments	-	-1M	-1M	-	-1M
Net Change in Cash	-4.05B	66M	130M	2.21B	3.25B
Supplemental Items
Cash Interest Paid	63M	94M	107M	196M	268M
Cash Income Tax Paid (Refund)	322M	1.1B	712M	939M	857M
Levered Free Cash Flow	-11.99B	-6.93B	4.33B	4.25B	6.46B
Unlevered Free Cash Flow	-11.96B	-6.87B	4.4B	4.37B	6.62B
Change In Net Working Capital	13.62B	8.59B	-2.58B	-2.54B	-5.38B
Net Debt Issued / Repaid	8.15B	7.5B	-1.58B	-2.31B	-2.87B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Profitability
Return on Assets	2.31	1.8	1.76	1.75	1.83
Return on Total Capital	3.18	2.55	2.52	2.47	2.5
Return On Equity %	7.57	6.8	6.96	6.49	6.47
Return on Common Equity	7.57	6.8	6.96	6.49	6.47
Margin Analysis
Gross Profit Margin %	6.26	4.96	4.54	4.79	5.54
SG&A Margin	4.01	3.31	2.99	3.26	3.84
EBITDA Margin %	2.4	1.77	1.66	1.63	1.81
EBITA Margin %	2.13	1.56	1.47	1.45	1.58
EBIT Margin %	2.13	1.56	1.47	1.45	1.58
Income From Continuing Operations Margin %	1.62	1.17	1.13	1.15	1.33
Net Income Margin %	1.62	1.17	1.13	1.15	1.33
Net Avail. For Common Margin %	1.62	1.17	1.13	1.15	1.33
Normalized Net Income Margin	1.46	1.06	1.03	1.03	1.17
Levered Free Cash Flow Margin	-10.29	-4.57	2.51	2.46	4.07
Unlevered Free Cash Flow Margin	-10.26	-4.53	2.55	2.52	4.17
Asset Turnover
Asset Turnover	1.73	1.85	1.92	1.93	1.85
Fixed Assets Turnover	17.45	23.29	27.45	28.59	25.79
Receivables Turnover (Average Receivables)	3.48	3.52	3.72	3.99	4.11
Inventory Turnover (Average Inventory)	7.27	6.57	6.77	7.23	7.36
Short Term Liquidity
Current Ratio	1.43	1.46	1.46	1.51	1.64
Quick Ratio	0.95	0.98	0.97	1.04	1.14
Operating Cash Flow to Current Liabilities	-0.26	-0.13	0.1	0.1	0.19
Days Sales Outstanding (Average Receivables)	104.91	103.58	98.51	91.53	88.75
Days Outstanding Inventory (Average Inventory)	50.21	55.53	54.09	50.51	49.58
Average Days Payable Outstanding	46.52	50.28	50.59	46.03	42.03
Cash Conversion Cycle (Average Days)	108.59	108.83	102.01	96.01	96.3
Long Term Solvency
Total Debt/Equity	108.6	134.19	114.91	99.91	86.25
Total Debt / Total Capital	52.06	57.3	53.47	49.98	46.31
LT Debt/Equity	15.96	31.27	28.81	21.46	21.86
Long-Term Debt / Total Capital	7.65	13.35	13.41	10.73	11.74
Total Liabilities / Total Assets	65.69	70.07	67.65	63.87	60.08
EBIT / Interest Expense	40.05	25.96	23.64	13.36	9.47
EBITDA / Interest Expense	45.13	29.56	26.71	15.03	10.85
(EBITDA - Capex) / Interest Expense	41.9	28.62	25.93	14.81	8.25
Total Debt / EBITDA	10	13.22	11.89	11.21	10.02
Net Debt / EBITDA	8.97	12.12	10.86	9.36	6.87
Total Debt / (EBITDA - Capex)	10.77	13.66	12.24	11.37	13.17
Net Debt / (EBITDA - Capex)	9.66	12.52	11.18	9.5	9.03
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	10.22	30.17	13.72	0.31	-8.24
Gross Profit, 1 Yr. Growth %	36.01	3.22	3.93	5.85	6.22
EBITDA, 1 Yr. Growth %	154.36	-3.86	6.25	-1.15	1.77
EBITA, 1 Yr. Growth %	198.08	-4.87	7.11	-0.71	-0.08
EBIT, 1 Yr. Growth %	198.08	-4.87	7.11	-0.71	-0.08
Earnings From Cont. Operations, 1 Yr. Growth %	200.8	-5.78	9.85	1.79	5.89
Net Income, 1 Yr. Growth %	200.8	-5.78	9.85	1.79	5.89
Normalized Net Income, 1 Yr. Growth %	170.66	-6.01	10.4	0.78	3.78
Diluted EPS Before Extra, 1 Yr. Growth %	200.52	-5.78	11.5	7.57	0.81
Accounts Receivable, 1 Yr. Growth %	32.17	25.76	-6.37	-6.73	-15.66
Inventory, 1 Yr. Growth %	87.89	23.65	0.68	-13.27	-7.64
Net Property, Plant and Equip., 1 Yr. Growth %	-1.5	-3.49	-3.55	-3.86	7.5
Total Assets, 1 Yr. Growth %	26.69	17.9	3.24	-4.03	-4.66
Tangible Book Value, 1 Yr. Growth %	7.07	2.9	11.62	7.14	5.37
Common Equity, 1 Yr. Growth %	7.04	2.84	11.57	7.19	5.36
Cash From Operations, 1 Yr. Growth %	-370.39	-43.07	-176.61	-6	60.45
Capital Expenditures, 1 Yr. Growth %	-62.12	-57	-3.49	-50.6	1.58K
Levered Free Cash Flow, 1 Yr. Growth %	-441.88	-42.25	-162.55	-1.94	51.96
Unlevered Free Cash Flow, 1 Yr. Growth %	-436.99	-42.54	-164.04	-0.76	51.67
Dividend Per Share, 1 Yr. Growth %	166.67	12.5	12.22	0.99	1.96
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-3.13	19.78	21.67	6.8	-4.06
Gross Profit, 2 Yr. CAGR %	8.39	18.49	3.58	4.89	6.04
EBITDA, 2 Yr. CAGR %	27.4	56.38	1.07	2.48	0.3
EBITA, 2 Yr. CAGR %	27.6	68.39	0.94	3.13	-0.4
EBIT, 2 Yr. CAGR %	27.6	68.39	0.94	3.13	-0.4
Earnings From Cont. Operations, 2 Yr. CAGR %	29.31	68.35	1.73	5.74	3.82
Net Income, 2 Yr. CAGR %	29.31	68.35	1.73	5.74	3.82
Normalized Net Income, 2 Yr. CAGR %	28.81	59.5	1.87	5.48	2.27
Diluted EPS Before Extra, 2 Yr. CAGR %	30.84	68.27	2.5	9.52	4.13
Accounts Receivable, 2 Yr. CAGR %	11.56	28.92	8.51	-6.55	-11.3
Inventory, 2 Yr. CAGR %	27.14	52.42	11.58	-6.55	-10.5
Net Property, Plant and Equip., 2 Yr. CAGR %	1.79	-2.5	-3.52	-3.7	1.66
Total Assets, 2 Yr. CAGR %	11.75	22.22	10.33	-0.46	-4.34
Tangible Book Value, 2 Yr. CAGR %	7.38	4.97	7.17	9.36	6.25
Common Equity, 2 Yr. CAGR %	7.41	4.92	7.12	9.36	6.27
Cash From Operations, 2 Yr. CAGR %	42.85	24.07	-33.96	-15.14	22.81
Capital Expenditures, 2 Yr. CAGR %	-65.66	-59.64	-35.58	-30.95	187.91
Levered Free Cash Flow, 2 Yr. CAGR %	26.66	40.51	-39.9	-21.68	22.07
Unlevered Free Cash Flow, 2 Yr. CAGR %	26.75	39.16	-39.34	-20.28	22.69
Dividend Per Share, 2 Yr. CAGR %	47.04	73.21	12.36	6.46	1.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.1	6.9	17.72	14.08	1.53
Gross Profit, 3 Yr. CAGR %	4.93	6.64	13.42	4.33	5.33
EBITDA, 3 Yr. CAGR %	12.66	15.99	37.47	0.32	2.24
EBITA, 3 Yr. CAGR %	11.26	15.7	44.82	0.39	2.05
EBIT, 3 Yr. CAGR %	11.26	15.7	44.82	0.39	2.05
Earnings From Cont. Operations, 3 Yr. CAGR %	8.54	16.36	46.02	1.75	5.79
Net Income, 3 Yr. CAGR %	8.54	16.36	46.02	1.75	5.79
Normalized Net Income, 3 Yr. CAGR %	12.29	15.97	41.09	1.5	4.91
Diluted EPS Before Extra, 3 Yr. CAGR %	11.44	17.28	46.7	4.16	6.53
Accounts Receivable, 3 Yr. CAGR %	3.64	16.1	15.88	3.17	-9.69
Inventory, 3 Yr. CAGR %	16.08	25.96	32.75	2.59	-6.91
Net Property, Plant and Equip., 3 Yr. CAGR %	11.19	0	-2.85	-3.63	-0.1
Total Assets, 3 Yr. CAGR %	6.87	13.76	15.53	5.32	-1.88
Tangible Book Value, 3 Yr. CAGR %	4.66	5.87	7.14	7.16	8.01
Common Equity, 3 Yr. CAGR %	4.68	5.87	7.09	7.14	8.01
Cash From Operations, 3 Yr. CAGR %	78.85	5.12	5.65	-25.71	4.93
Capital Expenditures, 3 Yr. CAGR %	-43.31	-62.99	-46.03	-41.04	100
Levered Free Cash Flow, 3 Yr. CAGR %	55.65	-2.51	7.29	-29.24	-2.32
Unlevered Free Cash Flow, 3 Yr. CAGR %	55.93	-2.63	7.44	-28.52	-1.22
Dividend Per Share, 3 Yr. CAGR %	29.31	34.49	49.88	8.44	4.94
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.85	4.88	6.79	6.86	8.47
Gross Profit, 5 Yr. CAGR %	3.99	4.18	4.39	5.93	10.41
EBITDA, 5 Yr. CAGR %	7.19	6.83	7.87	10.38	21.18
EBITA, 5 Yr. CAGR %	6.2	5.73	7.01	10.5	24.68
EBIT, 5 Yr. CAGR %	6.2	5.73	7.01	10.5	24.68
Earnings From Cont. Operations, 5 Yr. CAGR %	5.34	5.32	5.76	11.99	27.4
Net Income, 5 Yr. CAGR %	5.34	5.32	5.76	11.99	27.4
Normalized Net Income, 5 Yr. CAGR %	7.02	6.35	8	11.65	24.05
Diluted EPS Before Extra, 5 Yr. CAGR %	7.21	7.2	7.77	14.11	27.91
Accounts Receivable, 5 Yr. CAGR %	6.38	7.87	5.56	6.45	4.13
Inventory, 5 Yr. CAGR %	19.38	18.51	14.26	11.78	13.38
Net Property, Plant and Equip., 5 Yr. CAGR %	11.42	10.13	5.06	-1.5	-1.07
Total Assets, 5 Yr. CAGR %	6.84	7.47	8.24	7.84	7.13
Tangible Book Value, 5 Yr. CAGR %	4.22	3.44	5.66	7.25	6.78
Common Equity, 5 Yr. CAGR %	4.17	3.43	5.65	7.25	6.76
Cash From Operations, 5 Yr. CAGR %	30.23	81.27	20.07	-3.5	12.21
Capital Expenditures, 5 Yr. CAGR %	17.06	-18.62	-40.34	-52.5	5.44
Levered Free Cash Flow, 5 Yr. CAGR %	34.09	135.01	6.38	-10.69	12.97
Unlevered Free Cash Flow, 5 Yr. CAGR %	33.73	151.33	6.89	-10.12	13.29
Dividend Per Share, 5 Yr. CAGR %	16.68	19.46	22.24	22.48	28.23