Income Statement Ledax Co.,Ltd.

Stocks

7602

JP3388550000

Auto Vehicles, Parts & Service Retailers

Market Closed - Japan Exchange Other stock markets 02:30:00 2026-06-19 EDT			5-day change	1st Jan Change
145.00 ^JPY	+0.69%		0.00%	-18.08%

25-07-14	Capital Gallery Co., Ltd. signed a letter of intent to acquire 50% stake in OSMIC Holdings Co., Ltd. from Leda Group Holdings Co.,Ltd. and Ledax Co.,Ltd. for approximately ¥100 million.	CI
24-10-08	Ledax Co.,Ltd. agreed to acquire Shinko Jidosha Co., Ltd. from Masakazu Shiira for ¥43.1 million.	CI

1b27fbd05b6d9a4b9e5b21.tRo99DFjlSExsjfCMmll2xuA2LMRA-WqaQJ71tLC4Xc.xkxbs0ki-091nwWgBlkQ7mnl6vlVcKnYB08ovIqY1x3sSRCMSAvAFH7zVA

Published financial data: LEDAX CO.,LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	16.03B	18.38B	19.06B	19.07B	20.03B
Total Revenues	16.03B	18.38B	19.06B	19.07B	20.03B
Cost of Goods Sold, Total	12.53B	15.02B	16.37B	15.92B	17.13B
Gross Profit	3.5B	3.36B	2.69B	3.15B	2.9B
Selling General & Admin Expenses, Total	3.27B	3.16B	3.19B	3.05B	3.1B
Other Operating Expenses, Total	3.27B	3.16B	3.19B	3.05B	3.1B
Operating Income	237M	202M	-499M	99M	-200M
Interest Expense, Total	-1M	-1M	-3M	-2M	-4M
Interest And Investment Income	3M	3M	3M	4M	5M
Net Interest Expenses	2M	2M	0	2M	1M
Income (Loss) On Equity Invest.	-	-	-2M	-	-
Currency Exchange Gains (Loss)	-	5M	22M	39M	3M
Other Non Operating Income (Expenses)	3M	4M	12M	8M	52M
EBT, Excl. Unusual Items	242M	213M	-467M	148M	-144M
Gain (Loss) On Sale Of Investments	-	-	-	-	3M
Gain (Loss) On Sale Of Assets	-	-	-	1M	14M
Asset Writedown	-3M	-454M	-1M	-	-12M
Legal Settlements	-	-	-	-	-
Other Unusual Items	-2M	-	-	-1M	14M
EBT, Incl. Unusual Items	237M	-241M	-468M	148M	-125M
Income Tax Expense	68M	47M	36M	35M	33M
Earnings From Continuing Operations	169M	-288M	-504M	113M	-158M
Net Income to Company	169M	-288M	-504M	113M	-158M
Minority Interest	-12M	-5M	-10M	-40M	-29M
Net Income - (IS)	157M	-293M	-514M	73M	-187M
Net Income to Common Incl Extra Items	157M	-293M	-514M	73M	-187M
Net Income to Common Excl. Extra Items	157M	-293M	-514M	73M	-187M
Per Share Items
Net EPS - Basic	7.6	-14.17	-24.83	3.52	-9.02
Basic EPS - Continuing Operations	7.6	-14.17	-24.83	3.52	-9.02
Basic Weighted Average Shares Outstanding	20.67M	20.67M	20.7M	20.72M	20.73M
Net EPS - Diluted	7.6	-14.17	-24.83	3.52	-9.02
Diluted EPS - Continuing Operations	7.6	-14.17	-24.83	3.52	-9.02
Diluted Weighted Average Shares Outstanding	20.67M	20.67M	20.7M	20.72M	20.73M
Normalized Basic EPS	6.74	6.2	-14.58	2.53	-5.74
Normalized Diluted EPS	6.74	6.2	-14.58	2.53	-5.74
Dividend Per Share	2	2	-	1	-
Payout Ratio	-	-13.99	-7.98	1.37	-10.7
Supplemental Items
EBITDA	327M	282M	-407M	190M	-81M
EBITA	237M	202M	-499M	99M	-200M
EBIT	237M	202M	-499M	99M	-200M
EBITDAR	1.04B	904M	222M	796M	497M
Effective Tax Rate - (Ratio)	28.69	-19.5	-7.69	23.65	-26.4
Normalized Net Income	139M	128M	-302M	52.5M	-119M
Non-Cash Pension Expense	-	-	14M	13M	12M
Supplemental Operating Expense Items
Advertising Expense	381M	386M	445M	378M	354M
Selling and Marketing Expenses	381M	386M	445M	378M	354M
Net Rental Expense, Total	717M	622M	629M	606M	578M
Imputed Operating Lease Interest Expense	40.97M	13.45M	23.51M	18.82M	34.96M
Imputed Operating Lease Depreciation	676M	609M	605M	587M	543M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	2.83B	2.2B	1.73B	2.32B	1.65B
Short Term Investments	-	-	-	-	2M
Total Cash And Short Term Investments	2.83B	2.2B	1.73B	2.32B	1.66B
Accounts Receivable, Total	1.21B	1.52B	1.26B	1.27B	1.16B
Total Receivables	1.21B	1.52B	1.26B	1.27B	1.16B
Inventory	1.56B	2.16B	1.98B	1.65B	2.11B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	143M	274M	281M	526M	508M
Total Current Assets	5.74B	6.16B	5.25B	5.76B	5.43B
Net Property Plant And Equipment	905M	992M	922M	893M	1.06B
Long-term Investments	536M	410M	412M	396M	407M
Other Intangibles, Total	461M	68M	144M	202M	172M
Other Long-Term Assets, Total	1M	1M	2M	1M	2M
Total Assets	7.65B	7.63B	6.73B	7.26B	7.07B
Liabilities
Accounts Payable, Total	961M	721M	207M	364M	646M
Accrued Expenses, Total	3M	-	-	-	-
Short-term Borrowings	10M	560M	560M	350M	500M
Current Portion of Long-Term Debt	75M	-	-	-	-
Current Income Taxes Payable	264M	236M	195M	218M	213M
Other Current Liabilities	383M	375M	599M	1.05B	504M
Total Current Liabilities	1.7B	1.89B	1.56B	1.98B	1.86B
Long-Term Debt	-	-	-	-	134M
Long-Term Leases	-	95M	69M	51M	23M
Deferred Tax Liability Non Current	7M	10M	8M	8M	33M
Other Non Current Liabilities	175M	186M	185M	182M	163M
Total Liabilities	1.88B	2.18B	1.82B	2.22B	2.22B
Common Stock, Total	2.82B	2.82B	2.82B	2.82B	2.82B
Additional Paid In Capital	846M	846M	846M	851M	851M
Retained Earnings	3.03B	2.69B	2.14B	2.21B	2B
Treasury Stock	-1.09B	-1.09B	-1.08B	-1.08B	-1.08B
Comprehensive Income and Other	5M	7M	9M	10M	12M
Total Common Equity	5.61B	5.27B	4.73B	4.81B	4.61B
Minority Interest	163M	169M	179M	220M	249M
Total Equity	5.77B	5.44B	4.91B	5.03B	4.86B
Total Liabilities And Equity	7.65B	7.63B	6.73B	7.26B	7.07B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	20.67M	20.67M	20.71M	20.73M	20.73M
ECS Total Common Shares Outstanding	20.67M	20.67M	20.71M	20.73M	20.73M
Book Value / Share	271.25	255.15	228.37	232.17	222.24
Tangible Book Value	5.15B	5.21B	4.59B	4.61B	4.44B
Tangible Book Value Per Share	248.95	251.86	221.42	222.43	213.95
Total Debt	85M	655M	629M	401M	657M
Net Debt	-2.74B	-1.54B	-1.1B	-1.92B	-999M
Debt Equivalent Oper. Leases	5.74B	4.98B	5.03B	4.85B	4.62B
Minority Interest, Total (Incl. Fin. Div)	163M	169M	179M	220M	249M
Inventories - Raw Materials, Total	-	-	-	-	1M
Inventories - Finished Goods, Total	1.56B	2.16B	1.98B	1.65B	2.11B
Inventories - Others	-	1M	1M	1M	-
Full Time Employees	248	235	241	211	195
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	238M	-240M	-468M	149M	-124M
Depreciation & Amortization - CF	90M	80M	92M	91M	119M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	90M	80M	92M	91M	119M
(Gain) Loss From Sale Of Asset	3M	454M	1M	-1M	-1M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Other Operating Activities, Total	-88M	-58M	-36M	-35M	-38M
Change In Accounts Receivable	-891M	-306M	262M	-9M	112M
Change In Inventories	-348M	-575M	181M	296M	-452M
Change In Accounts Payable	698M	-240M	-505M	177M	172M
Change in Other Net Operating Assets	-21M	-161M	162M	207M	-649M
Cash from Operations	-319M	-1.05B	-311M	875M	-861M
Capital Expenditure	-97M	-158M	-13M	-19M	-12M
Sale of Property, Plant, and Equipment	-	-	-	8M	55M
Cash Acquisitions	-	-	-	-	-11M
Sale (Purchase) of Intangible assets	-65M	-64M	-87M	-73M	-18M
Investment in Marketable and Equity Securities, Total	-	-	600M	-1M	-5M
Other Investing Activities, Total	-19M	123M	-1M	18M	7M
Cash from Investing	-181M	-99M	499M	-67M	16M
Short Term Debt Issued, Total	-	550M	-	-	149M
Total Debt Issued	-	550M	-	-	149M
Short Term Debt Repaid, Total	-10M	-	-	-209M	-
Long-Term Debt Repaid, Total	-100M	-75M	-	-	-
Total Debt Repaid	-110M	-75M	-	-209M	-
Issuance of Common Stock	-	-	10M	9M	-
Repurchase of Common Stock	-	-	-1M	-	-
Common Dividends Paid	-	-41M	-41M	-1M	-20M
Common & Preferred Stock Dividends Paid	-	-41M	-41M	-1M	-20M
Other Financing Activities, Total	-2M	81M	-27M	-27M	-38M
Cash from Financing	-112M	515M	-59M	-228M	91M
Foreign Exchange Rate Adjustments	-	-	5M	12M	85M
Miscellaneous Cash Flow Adjustments	-1M	-1M	-	-2M	2M
Net Change in Cash	-613M	-631M	134M	590M	-667M
Supplemental Items
Cash Interest Paid	1M	1M	2M	2M	3M
Cash Income Tax Paid (Refund)	90M	56M	47M	36M	37M
Levered Free Cash Flow	-464M	-1.34B	-216M	770M	-640M
Unlevered Free Cash Flow	-463M	-1.34B	-214M	771M	-637M
Change In Net Working Capital	539M	1.32B	-106M	-710M	601M
Net Debt Issued / Repaid	-110M	475M	-	-209M	149M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.03	1.65	-4.34	0.88	-1.74
Return on Total Capital	2.54	2.11	-5.36	1.13	-2.28
Return On Equity %	2.97	-5.14	-9.74	2.27	-3.2
Return on Common Equity	2.84	-5.39	-10.28	1.53	-3.97
Margin Analysis
Gross Profit Margin %	21.86	18.29	14.1	16.5	14.49
SG&A Margin	20.38	17.2	16.72	15.98	15.48
EBITDA Margin %	2.04	1.53	-2.14	1	-0.4
EBITA Margin %	1.48	1.1	-2.62	0.52	-1
EBIT Margin %	1.48	1.1	-2.62	0.52	-1
Income From Continuing Operations Margin %	1.05	-1.57	-2.64	0.59	-0.79
Net Income Margin %	0.98	-1.59	-2.7	0.38	-0.93
Net Avail. For Common Margin %	0.98	-1.59	-2.7	0.38	-0.93
Normalized Net Income Margin	0.87	0.7	-1.58	0.28	-0.59
Levered Free Cash Flow Margin	-2.89	-7.27	-1.13	4.04	-3.19
Unlevered Free Cash Flow Margin	-2.89	-7.27	-1.12	4.04	-3.18
Asset Turnover
Asset Turnover	2.2	2.41	2.65	2.73	2.8
Fixed Assets Turnover	18.18	19.38	19.91	21.02	20.52
Receivables Turnover (Average Receivables)	20.86	13.44	13.72	15.1	16.52
Inventory Turnover (Average Inventory)	8.89	8.06	7.9	8.77	9.11
Short Term Liquidity
Current Ratio	3.39	3.25	3.36	2.91	2.92
Quick Ratio	2.38	1.96	1.91	1.81	1.51
Operating Cash Flow to Current Liabilities	-0.19	-0.55	-0.2	0.44	-0.46
Days Sales Outstanding (Average Receivables)	17.5	27.15	26.61	24.24	22.09
Days Outstanding Inventory (Average Inventory)	41.05	45.26	46.23	41.75	40.05
Average Days Payable Outstanding	16.61	19.65	10.46	6.7	10.48
Cash Conversion Cycle (Average Days)	41.94	52.76	62.38	59.28	51.67
Long Term Solvency
Total Debt/Equity	1.47	12.03	12.81	7.97	13.53
Total Debt / Total Capital	1.45	10.74	11.36	7.38	11.92
LT Debt/Equity	-	1.75	1.41	1.01	3.23
Long-Term Debt / Total Capital	-	1.56	1.25	0.94	2.85
Total Liabilities / Total Assets	24.56	28.63	27.08	30.65	31.33
EBIT / Interest Expense	237	202	-166.33	49.5	-50
EBITDA / Interest Expense	327	282	-135.67	95	-20.25
(EBITDA - Capex) / Interest Expense	230	124	-140	85.5	-23.25
Total Debt / EBITDA	0.26	2.32	-1.55	2.11	-8.11
Net Debt / EBITDA	-8.39	-5.46	2.71	-10.11	12.33
Total Debt / (EBITDA - Capex)	0.37	5.28	-1.5	2.35	-7.06
Net Debt / (EBITDA - Capex)	-11.92	-12.43	2.62	-11.23	10.74
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	0.36	14.67	3.67	0.07	5.04
Gross Profit, 1 Yr. Growth %	4.16	-4.02	-20.1	17.12	-7.79
EBITDA, 1 Yr. Growth %	184.35	-13.76	-244.33	-146.68	-142.63
EBITA, 1 Yr. Growth %	315.79	-14.77	-347.03	-119.84	-302.02
EBIT, 1 Yr. Growth %	315.79	-14.77	-347.03	-119.84	-302.02
Earnings From Cont. Operations, 1 Yr. Growth %	9.03	-270.41	75	-122.42	-239.82
Net Income, 1 Yr. Growth %	0.64	-286.62	75.43	-114.2	-356.16
Normalized Net Income, 1 Yr. Growth %	215.58	-7.99	-335.61	-117.39	-326.67
Diluted EPS Before Extra, 1 Yr. Growth %	0.14	-286.63	75.19	-114.18	-356.1
Accounts Receivable, 1 Yr. Growth %	275.85	25.29	-17.29	0.79	-8.75
Inventory, 1 Yr. Growth %	24.18	38.63	-8.36	-16.79	27.88
Net Property, Plant and Equip., 1 Yr. Growth %	5.36	9.61	-7.06	-3.15	18.7
Total Assets, 1 Yr. Growth %	10.04	-0.29	-11.72	7.8	-2.55
Tangible Book Value, 1 Yr. Growth %	1.96	1.17	-11.91	0.55	-3.82
Common Equity, 1 Yr. Growth %	2.94	-5.94	-10.31	1.75	-4.28
Cash From Operations, 1 Yr. Growth %	-141.86	227.9	-70.27	-381.35	-198.4
Capital Expenditures, 1 Yr. Growth %	1.11K	62.89	-91.77	46.15	-36.84
Levered Free Cash Flow, 1 Yr. Growth %	-166.85	188.32	-83.86	-456.72	-183.09
Unlevered Free Cash Flow, 1 Yr. Growth %	-166.64	188.58	-83.99	-460.43	-182.63
Dividend Per Share, 1 Yr. Growth %	-	0	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-11.62	7.28	9.03	1.86	2.53
Gross Profit, 2 Yr. CAGR %	-8.49	-0.01	-12.43	-3.26	3.92
EBITDA, 2 Yr. CAGR %	124.29	56.59	11.56	-17.92	-55.39
EBITA, 2 Yr. CAGR %	22.09	88.25	45.1	-29.99	-36.69
EBIT, 2 Yr. CAGR %	22.09	88.25	45.1	-29.99	-36.69
Earnings From Cont. Operations, 2 Yr. CAGR %	-37.31	36.31	72.69	-37.36	-44.01
Net Income, 2 Yr. CAGR %	-34.86	37.05	80.94	-50.09	-39.68
Normalized Net Income, 2 Yr. CAGR %	136.01	70.4	47.24	-35.99	-37.21
Diluted EPS Before Extra, 2 Yr. CAGR %	-36.24	36.71	80.82	-50.15	-39.73
Accounts Receivable, 2 Yr. CAGR %	54.89	117	1.8	-8.69	-4.1
Inventory, 2 Yr. CAGR %	-12.09	31.21	12.71	-12.68	3.15
Net Property, Plant and Equip., 2 Yr. CAGR %	-3.06	7.46	0.93	-5.12	7.22
Total Assets, 2 Yr. CAGR %	3.6	4.75	-6.18	-2.45	2.49
Tangible Book Value, 2 Yr. CAGR %	-0.23	1.56	-5.6	-5.89	-1.66
Common Equity, 2 Yr. CAGR %	4.14	-1.6	-8.15	-4.47	-1.31
Cash From Operations, 2 Yr. CAGR %	793.03	17.16	-1.26	-8.54	66.39
Capital Expenditures, 2 Yr. CAGR %	340.45	344.41	-63.39	-65.32	-3.92
Levered Free Cash Flow, 2 Yr. CAGR %	70.34	38.83	-31.77	-24.11	72.16
Unlevered Free Cash Flow, 2 Yr. CAGR %	69.23	38.67	-32.03	-24.03	72.58
Dividend Per Share, 2 Yr. CAGR %	-29.29	-	-	-29.29	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-13.11	-3.61	6.06	5.96	2.91
Gross Profit, 3 Yr. CAGR %	-10.34	-7.02	-7.22	-3.52	-4.8
EBITDA, 3 Yr. CAGR %	110.62	63.1	52.39	-16.55	-34.02
EBITA, 3 Yr. CAGR %	40.75	8.31	106.1	-25.25	-0.33
EBIT, 3 Yr. CAGR %	40.75	8.31	106.1	-25.25	-0.33
Earnings From Cont. Operations, 3 Yr. CAGR %	0.6	-12.51	48.15	-12.56	-18.14
Net Income, 3 Yr. CAGR %	1.53	-7.48	48.8	-22.53	-13.9
Normalized Net Income, 3 Yr. CAGR %	72.51	72.41	89.84	-27.76	-2.43
Diluted EPS Before Extra, 3 Yr. CAGR %	0.09	-8.79	48.49	-22.6	-13.98
Accounts Receivable, 3 Yr. CAGR %	18.75	44.32	57.34	1.46	-8.71
Inventory, 3 Yr. CAGR %	-9.44	2.32	16.41	1.87	-0.84
Net Property, Plant and Equip., 3 Yr. CAGR %	-6.91	0.99	2.39	-0.44	2.23
Total Assets, 3 Yr. CAGR %	-0.75	2.29	-1.06	-1.73	-2.48
Tangible Book Value, 3 Yr. CAGR %	-2.72	0.23	-3.14	-3.59	-5.2
Common Equity, 3 Yr. CAGR %	-0.08	0.67	-4.6	-4.96	-4.41
Cash From Operations, 3 Yr. CAGR %	-31.83	539.48	-25.82	39.98	-6.28
Capital Expenditures, 3 Yr. CAGR %	75.32	216.15	17.57	-41.92	-57.65
Levered Free Cash Flow, 3 Yr. CAGR %	-19.86	103	-32.24	18.42	-21.78
Unlevered Free Cash Flow, 3 Yr. CAGR %	-19.97	102.18	-32.47	18.53	-21.87
Dividend Per Share, 3 Yr. CAGR %	-20.63	-20.63	-	-20.63	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-13.84	-10.26	-4.85	-1.46	4.63
Gross Profit, 5 Yr. CAGR %	-11.16	-9.92	-11.18	-5.54	-2.91
EBITDA, 5 Yr. CAGR %	-11.9	95.01	63.34	23.93	-6.77
EBITA, 5 Yr. CAGR %	-13.49	7.46	42.47	-9.04	28.54
EBIT, 5 Yr. CAGR %	-13.16	7.46	42.47	-9.04	28.54
Earnings From Cont. Operations, 5 Yr. CAGR %	-13.6	-4.78	24.87	-23.45	0.38
Net Income, 5 Yr. CAGR %	-14.52	-3.05	27.93	-27.72	3.69
Normalized Net Income, 5 Yr. CAGR %	-14.65	25.29	61.92	16	21.95
Diluted EPS Before Extra, 5 Yr. CAGR %	-11.89	-2.14	26.81	-28.37	3.53
Accounts Receivable, 5 Yr. CAGR %	1.16	-0.38	11.65	20.17	29.07
Inventory, 5 Yr. CAGR %	-7.34	-0.45	-1.16	-3.97	10.91
Net Property, Plant and Equip., 5 Yr. CAGR %	-8.09	-4.88	-3.85	-1.5	4.29
Total Assets, 5 Yr. CAGR %	-5.68	-2.07	-2.96	0.36	0.35
Tangible Book Value, 5 Yr. CAGR %	-6.46	-2.04	-3.88	-2.26	-2.55
Common Equity, 5 Yr. CAGR %	-4.99	-2.05	-3.39	-1.42	-3.29
Cash From Operations, 5 Yr. CAGR %	1.03	22.51	-20.94	193.76	2.47
Capital Expenditures, 5 Yr. CAGR %	-28.77	5.31	-6.3	30.6	8.45
Levered Free Cash Flow, 5 Yr. CAGR %	11.58	26.73	-24.85	36.95	-1.6
Unlevered Free Cash Flow, 5 Yr. CAGR %	11.97	26.95	-25.03	36.68	-1.72
Dividend Per Share, 5 Yr. CAGR %	-12.94	-12.94	-	-24.21	-