Income Statement fonfun corporation

Stocks

2323

JP3758080000

Internet Services

Market Closed - Japan Exchange 02:30:00 2026-10-08 EDT			5-day change	1st Jan Change
339.00 ^JPY	-3.69%		-7.38%	+1.90%

09-28	Fonfun corporation agreed to acquire ICS, inc. from G Holdings Co., Ltd. for approximately ¥110 million.	CI
04-29	Fonfun corporation agreed to acquire Sales support SaaS business of Dgloss Co., Ltd. for ¥340 million.	CI

d1e87ad626563210c1f85f7643.ORVMdP2qwRKGTihJjszurkFgbzjWmStAm6ZZl02o35Q.V2c2TIf5iyD1JxEn5vulwTsJIEGH4E4Q7N4e3Xvku8QBQgRNqPCDJeMfaQ

Published financial data: FONFUN CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020 (JPY)	2021 (JPY)	2022 (JPY)	2023 (JPY)	2026 (JPY)
Revenues	545M	592M	556M	638M	2.11B
Total Revenues	545M	592M	556M	638M	2.11B
Cost of Goods Sold, Total	160M	184M	199M	244M	1.28B
Gross Profit	385M	408M	357M	394M	833M
Selling General & Admin Expenses, Total	353M	322M	311M	318M	476M
Provision for Bad Debts	-1M	-1M	2M	-3M	-2M
R&D Expenses	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (IS)	26M	42M	33M	33M	114M
Other Operating Expenses, Total	378M	363M	346M	348M	588M
Operating Income	7M	45M	11M	46M	245M
Interest Expense, Total	-5M	-4M	-3M	-4M	-16M
Interest And Investment Income	-	-	-	-	3M
Net Interest Expenses	-5M	-4M	-3M	-4M	-13M
Income (Loss) On Equity Invest.	-	-	-	-	30M
Other Non Operating Income (Expenses)	2M	0	-2M	-1M	11M
EBT, Excl. Unusual Items	4M	41M	6M	41M	273M
Gain (Loss) On Sale Of Investments	7M	-	-	-	11M
Asset Writedown	-1M	-	-23M	-1M	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	10M	41M	-17M	40M	284M
Income Tax Expense	7M	-	-	-	-140M
Earnings From Continuing Operations	3M	41M	-17M	40M	424M
Net Income to Company	3M	41M	-17M	40M	424M
Net Income - (IS)	3M	41M	-17M	40M	424M
Net Income to Common Incl Extra Items	3M	41M	-17M	40M	424M
Net Income to Common Excl. Extra Items	3M	41M	-17M	40M	424M
Per Share Items
Net EPS - Basic	0.17	2.05	-0.85	2	20.19
Basic EPS - Continuing Operations	0.17	2.05	-0.85	2	20.19
Basic Weighted Average Shares Outstanding	17.92M	20.02M	20.02M	20.01M	21.01M
Net EPS - Diluted	0.17	2.05	-0.85	2	19.94
Diluted EPS - Continuing Operations	0.17	2.05	-0.85	2	19.94
Diluted Weighted Average Shares Outstanding	17.92M	20.02M	20.02M	20.01M	21.31M
Normalized Basic EPS	0.14	1.28	0.19	1.28	8.12
Normalized Diluted EPS	0.14	1.28	0.19	1.28	8.01
Payout Ratio	-	-	-	-	4.72
Supplemental Items
EBITDA	42M	94M	49M	85M	400M
EBITA	33M	87M	44M	79M	359M
EBIT	7M	45M	11M	46M	245M
EBITDAR	58M	110M	64M	100M	-
Effective Tax Rate - (Ratio)	70	-	-	-	-49.3
Normalized Net Income	2.5M	25.62M	3.75M	25.62M	171M
Non-Cash Pension Expense	1.74M	1.67M	1.48M	1.48M	-
Supplemental Operating Expense Items
Advertising Expense	62M	47M	28M	18M	-
Selling and Marketing Expenses	62M	47M	28M	18M	-
General and Administrative Expenses	50M	36M	39M	34M	-
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	16M	16M	15M	15M	-
Imputed Operating Lease Interest Expense	2.4M	1.99M	1.3M	1.47M	-
Imputed Operating Lease Depreciation	13.6M	14.01M	13.7M	13.53M	-

Fiscal Period: March	2020 (JPY)	2021 (JPY)	2022 (JPY)	2023 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	493M	531M	614M	605M	830M
Total Cash And Short Term Investments	493M	531M	614M	605M	830M
Accounts Receivable, Total	100M	103M	118M	103M	425M
Notes Receivable	-	-	-	-	-
Total Receivables	100M	103M	118M	103M	425M
Inventory	-	-	-	2M	-
Other Current Assets, Total	27M	37M	18M	27M	89M
Total Current Assets	620M	671M	750M	737M	1.34B
Net Property Plant And Equipment	9M	6M	6M	5M	29M
Long-term Investments	10M	25M	48M	35M	72M
Goodwill	237M	195M	137M	248M	1.35B
Other Intangibles, Total	5M	5M	7M	5M	167M
Loans Receivable Long-Term	-	-	-	-	100M
Deferred Tax Assets Long-Term	-	-	-	-	218M
Deferred Charges Long-Term	1M	-	-	-	-
Other Long-Term Assets, Total	2M	2M	2M	1M	1M
Total Assets	884M	904M	950M	1.03B	3.28B
Liabilities
Accounts Payable, Total	15M	18M	28M	32M	179M
Accrued Expenses, Total	1M	3M	1M	3M	3M
Short-term Borrowings	41M	54M	59M	88M	83M
Current Portion of Long-Term Debt	72M	55M	99M	109M	312M
Current Income Taxes Payable	33M	15M	14M	14M	68M
Other Current Liabilities	12M	38M	18M	26M	242M
Total Current Liabilities	174M	183M	219M	272M	887M
Long-Term Debt	161M	131M	156M	144M	942M
Pension & Other Post Retirement Benefits	19M	18M	20M	21M	18M
Other Non Current Liabilities	1M	2M	2M	1M	26M
Total Liabilities	355M	334M	397M	438M	1.87B
Common Stock, Total	2.39B	100M	100M	100M	10M
Additional Paid In Capital	785M	607M	607M	607M	847M
Retained Earnings	-2.47B	37M	20M	60M	657M
Treasury Stock	-174M	-174M	-174M	-174M	-178M
Comprehensive Income and Other	1M	-	-	-	76M
Total Common Equity	529M	570M	553M	593M	1.41B
Total Equity	529M	570M	553M	593M	1.41B
Total Liabilities And Equity	884M	904M	950M	1.03B	3.28B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	20.02M	20.02M	20.01M	20.01M	21M
ECS Total Common Shares Outstanding	20.02M	20.02M	20.01M	20.01M	21M
Book Value / Share	26.43	28.48	27.63	29.63	67.23
Tangible Book Value	287M	370M	409M	340M	-109M
Tangible Book Value Per Share	14.34	18.49	20.44	16.99	-5.19
Total Debt	274M	240M	314M	341M	1.34B
Net Debt	-219M	-291M	-300M	-264M	507M
Debt Equivalent of Unfunded Proj. Benefit Obligation	19.11M	18.94M	20.42M	21.9M	18.94M
Debt Equivalent Oper. Leases	128M	128M	120M	120M	-
Inventories - Work In Process, Total	-	-	-	2M	-
Full Time Employees	16	19	22	28	273
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	3M	-	105M
Order Backlog	330K	1.77M	14.99M	7.73M	4.21M

Fiscal Period: March	2020 (JPY)	2021 (JPY)	2022 (JPY)	2023 (JPY)	2026 (JPY)
Net Income	11M	41M	-16M	40M	283M
Depreciation & Amortization - CF	9M	7M	5M	6M	41M
Amortization of Goodwill and Intangible Assets - (CF)	26M	42M	33M	33M	114M
Depreciation & Amortization, Total	35M	49M	38M	39M	155M
(Gain) Loss From Sale Of Asset	1M	-	23M	1M	-
(Gain) Loss on Sale of Investments - (CF)	-7M	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-30M
Other Operating Activities, Total	-5M	0	9M	9M	-2M
Change In Accounts Receivable	-21M	-2M	-17M	17M	22M
Change In Inventories	-1M	-	-	-2M	-
Change In Accounts Payable	-11M	32M	-12M	-2M	-177M
Change in Other Net Operating Assets	-2M	-30M	6M	6M	0
Cash from Operations	0	90M	31M	108M	251M
Capital Expenditure	-6M	-1M	-2M	-2M	-
Cash Acquisitions	-	-	-	-	-290M
Sale (Purchase) of Intangible assets	-5M	-2M	-4M	-	-
Investment in Marketable and Equity Securities, Total	-21M	103M	-127M	-16M	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	3M	-2M	-	-	-119M
Other Investing Activities, Total	-173M	-12M	-	-146M	-63M
Cash from Investing	-202M	86M	-133M	-164M	-472M
Short Term Debt Issued, Total	5M	20M	30M	55M	130M
Long-Term Debt Issued, Total	110M	80M	150M	130M	500M
Total Debt Issued	115M	100M	180M	185M	630M
Short Term Debt Repaid, Total	-7M	-8M	-26M	-26M	-47M
Long-Term Debt Repaid, Total	-93M	-127M	-81M	-132M	-221M
Total Debt Repaid	-100M	-135M	-107M	-158M	-268M
Issuance of Common Stock	206M	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-1M
Common Dividends Paid	-	-	-	-	-20M
Common & Preferred Stock Dividends Paid	-	-	-	-	-20M
Other Financing Activities, Total	-	-	1M	-1M	-2M
Cash from Financing	221M	-35M	74M	26M	339M
Miscellaneous Cash Flow Adjustments	-1M	-	-	1M	1M
Net Change in Cash	18M	141M	-28M	-29M	119M
Supplemental Items
Cash Interest Paid	5M	3M	3M	4M	16M
Cash Income Tax Paid (Refund)	4M	-	-15M	-	-
Levered Free Cash Flow	4.25M	71.62M	28M	81.25M	-
Unlevered Free Cash Flow	7.38M	74.12M	29.88M	83.75M	-
Change In Net Working Capital	21M	0	9M	-18M	-
Net Debt Issued / Repaid	15M	-35M	73M	27M	362M

Fiscal Period: March	2020 (JPY)	2021 (JPY)	2022 (JPY)	2023 (JPY)	2026 (JPY)
Profitability
Return on Assets	0.56	3.15	0.74	2.9	-
Return on Total Capital	0.63	3.49	0.82	3.19	-
Return On Equity %	0.71	7.46	-3.03	6.98	-
Return on Common Equity	0.71	7.46	-3.03	6.98	-
Margin Analysis
Gross Profit Margin %	70.64	68.92	64.21	61.76	39.46
SG&A Margin	64.77	54.39	55.94	49.84	22.55
EBITDA Margin %	7.71	15.88	8.81	13.32	18.95
EBITA Margin %	6.06	14.7	7.91	12.38	17.01
EBIT Margin %	1.28	7.6	1.98	7.21	11.61
Income From Continuing Operations Margin %	0.55	6.93	-3.06	6.27	20.09
Net Income Margin %	0.55	6.93	-3.06	6.27	20.09
Net Avail. For Common Margin %	0.55	6.93	-3.06	6.27	20.09
Normalized Net Income Margin	0.46	4.33	0.67	4.02	8.08
Levered Free Cash Flow Margin	0.78	12.1	5.04	12.74	-
Unlevered Free Cash Flow Margin	1.35	12.52	5.37	13.13	-
Asset Turnover
Asset Turnover	0.7	0.66	0.6	0.64	-
Fixed Assets Turnover	57.37	78.93	92.67	116	-
Receivables Turnover (Average Receivables)	5.68	5.83	5.03	5.77	-
Short Term Liquidity
Current Ratio	3.56	3.67	3.42	2.71	1.52
Quick Ratio	3.41	3.46	3.34	2.6	1.41
Operating Cash Flow to Current Liabilities	0	0.49	0.14	0.4	0.28
Days Sales Outstanding (Average Receivables)	64.47	62.58	72.54	63.22	-
Average Days Payable Outstanding	-	32.73	42.19	-	-
Long Term Solvency
Total Debt/Equity	51.8	42.11	56.78	57.5	94.69
Total Debt / Total Capital	34.12	29.63	36.22	36.51	48.64
LT Debt/Equity	30.43	22.98	28.21	24.28	66.71
Long-Term Debt / Total Capital	20.05	16.17	17.99	15.42	34.27
Total Liabilities / Total Assets	40.16	36.95	41.79	42.48	57.02
EBIT / Interest Expense	1.4	11.25	3.67	11.5	15.31
EBITDA / Interest Expense	8.4	23.5	16.33	21.25	25
(EBITDA - Capex) / Interest Expense	7.2	23.25	15.67	20.75	25
Total Debt / EBITDA	6.52	2.55	6.41	4.01	3.34
Net Debt / EBITDA	-5.21	-3.1	-6.12	-3.11	1.27
Total Debt / (EBITDA - Capex)	7.61	2.58	6.68	4.11	3.34
Net Debt / (EBITDA - Capex)	-6.08	-3.13	-6.38	-3.18	1.27
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	1.3	8.62	-6.08	14.75	-
Gross Profit, 1 Yr. Growth %	7.84	5.97	-12.5	10.36	-
EBITDA, 1 Yr. Growth %	61.54	123.81	-47.87	73.47	-
EBITA, 1 Yr. Growth %	65	163.64	-49.43	79.55	-
EBIT, 1 Yr. Growth %	75	542.86	-75.56	318.18	-
Earnings From Cont. Operations, 1 Yr. Growth %	-160	1.27K	-141.46	-335.29	-
Net Income, 1 Yr. Growth %	-160	1.27K	-141.46	-335.29	-
Normalized Net Income, 1 Yr. Growth %	-	925	-85.37	583.33	-
Diluted EPS Before Extra, 1 Yr. Growth %	-156.7	1.12K	-141.47	-335.31	-
Accounts Receivable, 1 Yr. Growth %	8.7	3	14.56	-12.71	-
Net Property, Plant and Equip., 1 Yr. Growth %	-10	-33.33	0	-16.67	-
Total Assets, 1 Yr. Growth %	32.93	2.26	5.09	8.53	-
Tangible Book Value, 1 Yr. Growth %	20.08	28.92	10.54	-16.87	-
Common Equity, 1 Yr. Growth %	67.4	7.75	-2.98	7.23	-
Cash From Operations, 1 Yr. Growth %	-100	-	-65.56	248.39	-
Capital Expenditures, 1 Yr. Growth %	50	-83.33	100	0	-
Levered Free Cash Flow, 1 Yr. Growth %	-74.05	1.59K	-60.91	190.18	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-62.18	905.08	-59.7	180.33	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1.26	4.9	1	3.81	-
Gross Profit, 2 Yr. CAGR %	9.52	6.9	-3.7	-1.73	-
EBITDA, 2 Yr. CAGR %	144.95	90.14	8.01	-4.91	-
EBITA, 2 Yr. CAGR %	35.4	108.57	15.47	-4.71	-
EBIT, 2 Yr. CAGR %	-37.64	235.41	25.36	1.1	-
Earnings From Cont. Operations, 2 Yr. CAGR %	-64.64	186.36	138.05	-1.23	-
Net Income, 2 Yr. CAGR %	-64.64	186.36	138.05	-1.23	-
Normalized Net Income, 2 Yr. CAGR %	-54.12	-	22.47	0	-
Diluted EPS Before Extra, 2 Yr. CAGR %	-65.63	163.38	125.24	-1.22	-
Accounts Receivable, 2 Yr. CAGR %	9.11	5.81	8.63	0	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-9.55	-22.54	-18.35	-8.71	-
Total Assets, 2 Yr. CAGR %	18.55	16.59	3.67	6.79	-
Tangible Book Value, 2 Yr. CAGR %	9.58	24.42	19.38	-4.14	-
Common Equity, 2 Yr. CAGR %	28.17	34.31	2.24	2	-
Cash From Operations, 2 Yr. CAGR %	-	89.74	-	9.54	-
Capital Expenditures, 2 Yr. CAGR %	-	-50	-42.26	41.42	-
Levered Free Cash Flow, 2 Yr. CAGR %	37.44	109.14	156.68	6.51	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	24.6	94.97	101.27	6.29	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.72	1.93	1.1	5.39	49.01
Gross Profit, 3 Yr. CAGR %	6.8	8.32	0	0.77	28.35
EBITDA, 3 Yr. CAGR %	25.99	137.69	23.52	26.49	67.58
EBITA, 3 Yr. CAGR %	-0.99	69.08	30.06	33.77	65.64
EBIT, 3 Yr. CAGR %	-40.95	35.72	40.1	87.31	74.64
Earnings From Cont. Operations, 3 Yr. CAGR %	-53.58	19.54	50.37	137.13	119.67
Net Income, 3 Yr. CAGR %	-53.58	19.54	50.37	137.13	119.67
Normalized Net Income, 3 Yr. CAGR %	-46.42	29.22	-	117.22	88.13
Diluted EPS Before Extra, 3 Yr. CAGR %	-54.45	13.06	42.22	128.55	115.28
Accounts Receivable, 3 Yr. CAGR %	-4.55	7.03	8.65	0.99	60.39
Net Property, Plant and Equip., 3 Yr. CAGR %	-23.37	-18.29	-15.66	-17.79	79.67
Total Assets, 3 Yr. CAGR %	10.45	12.85	12.62	5.26	47.15
Tangible Book Value, 3 Yr. CAGR %	-6.04	15.68	19.61	5.81	-31.56
Common Equity, 3 Yr. CAGR %	15.09	20.97	20.51	3.88	33.53
Cash From Operations, 3 Yr. CAGR %	-	101.5	7.43	-	32.46
Capital Expenditures, 3 Yr. CAGR %	25.99	-	-20.63	-30.66	-
Levered Free Cash Flow, 3 Yr. CAGR %	-43.35	216.93	19.58	167.39	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-28.59	149.89	15.28	124.77	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.66	3.64	-1.25	2.68	28.95
Gross Profit, 5 Yr. CAGR %	2.46	4.78	2.47	4.18	15.34
EBITDA, 5 Yr. CAGR %	21.29	73.38	18.47	64.76	33.59
EBITA, 5 Yr. CAGR %	101.23	70.72	5.29	34.42	32.77
EBIT, 5 Yr. CAGR %	47.58	45.09	-20.2	20.64	40.34
Earnings From Cont. Operations, 5 Yr. CAGR %	-35.56	7.93	-10.74	10.76	59.56
Net Income, 5 Yr. CAGR %	-35.56	7.93	-10.74	10.76	59.56
Normalized Net Income, 5 Yr. CAGR %	-14.97	19.25	-25.42	16.63	46.11
Diluted EPS Before Extra, 5 Yr. CAGR %	-37.23	3.31	-13.67	7.12	57.64
Accounts Receivable, 5 Yr. CAGR %	-3.26	1	0.52	4.16	32.77
Net Property, Plant and Equip., 5 Yr. CAGR %	-17.11	-27.03	-21.4	-14.59	37.04
Total Assets, 5 Yr. CAGR %	5.11	4.06	7.69	10.39	29.44
Tangible Book Value, 5 Yr. CAGR %	-1.27	-0.37	3.4	7.3	-21.68
Common Equity, 5 Yr. CAGR %	10.85	8.56	9.77	12.99	19.89
Cash From Operations, 5 Yr. CAGR %	-	58.49	28.06	57.91	22.77
Capital Expenditures, 5 Yr. CAGR %	-11.42	-42.57	-7.79	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	7.21	102.09	3.68	104.89	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	39.92	114.7	8.09	77.52	-