Income Statement M - mart Inc.

Stocks

4380

JP3167490006

Internet Services

Market Closed - Japan Exchange 02:30:00 2026-09-11 EDT			5-day change	1st Jan Change
688.00 ^JPY	-0.58%		+0.44%	+5.60%

18-05-22	Certain Common Shares of M - mart Inc. are subject to a Lock-Up Agreement Ending on 23-MAY-2018.	CI
18-02-22	M - mart Inc. has completed an IPO in the amount of ¥728.376 million.	CI

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Published financial data: M - MART INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Revenues	902M	986M	1.17B	1.29B	1.36B
Total Revenues	902M	986M	1.17B	1.29B	1.36B
Cost of Goods Sold, Total	-	-	-	-	-
Gross Profit	902M	986M	1.17B	1.29B	1.36B
Selling General & Admin Expenses, Total	623M	628M	679M	761M	719M
Provision for Bad Debts	2M	-	-	-	-1M
Depreciation & Amortization - (IS)	1M	2M	2M	3M	5M
Other Operating Expenses	6M	6M	6M	8M	8M
Other Operating Expenses, Total	632M	636M	687M	772M	731M
Operating Income	270M	350M	484M	522M	632M
Interest And Investment Income	-	-	-	-	3M
Net Interest Expenses	-	-	-	-	3M
Other Non Operating Income (Expenses)	-	-	-3M	-18M	-1M
EBT, Excl. Unusual Items	270M	350M	481M	504M	634M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	270M	350M	481M	504M	634M
Income Tax Expense	88M	115M	157M	159M	211M
Earnings From Continuing Operations	182M	235M	324M	345M	423M
Net Income to Company	182M	235M	324M	345M	423M
Net Income - (IS)	182M	235M	324M	345M	423M
Net Income to Common Incl Extra Items	182M	235M	324M	345M	423M
Net Income to Common Excl. Extra Items	182M	235M	324M	345M	423M
Per Share Items
Net EPS - Basic	37.21	48.05	66.25	70.55	86.5
Basic EPS - Continuing Operations	37.21	48.05	66.25	70.55	86.5
Basic Weighted Average Shares Outstanding	4.89M	4.89M	4.89M	4.89M	4.89M
Net EPS - Diluted	37.21	48.05	66.25	70.55	86.5
Diluted EPS - Continuing Operations	37.21	48.05	66.25	70.55	86.5
Diluted Weighted Average Shares Outstanding	4.89M	4.89M	4.89M	4.89M	4.89M
Normalized Basic EPS	34.51	44.73	61.47	64.41	81.03
Normalized Diluted EPS	34.51	44.73	61.47	64.41	81.03
Payout Ratio	26.37	20.43	19.44	25.22	24.11
Supplemental Items
EBITDA	271M	352M	486M	525M	637M
EBITA	270M	350M	484M	522M	632M
EBIT	270M	350M	484M	522M	632M
EBITDAR	337M	418M	552M	591M	703M
Effective Tax Rate - (Ratio)	32.59	32.86	32.64	31.55	33.28
Normalized Net Income	169M	219M	301M	315M	396M
Supplemental Operating Expense Items
General and Administrative Expenses	70M	67M	67M	67M	67M
Net Rental Expense, Total	66M	66M	66M	66M	66M

Fiscal Period: January	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	1.37B	1.6B	1.96B	2.22B	2.57B
Total Cash And Short Term Investments	1.37B	1.6B	1.96B	2.22B	2.57B
Accounts Receivable, Total	164M	214M	256M	346M	432M
Other Receivables	-	-	2M	-	-
Total Receivables	164M	214M	258M	346M	432M
Prepaid Expenses	10M	9M	9M	15M	17M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	1M	-	1M	1M	0
Total Current Assets	1.54B	1.82B	2.22B	2.58B	3.02B
Net Property Plant And Equipment	8M	6M	9M	8M	11M
Long-term Investments	57M	56M	54M	52M	52M
Other Intangibles, Total	-	6M	5M	3M	2M
Deferred Tax Assets Long-Term	10M	11M	14M	13M	15M
Other Long-Term Assets, Total	-	2M	1M	1M	1M
Total Assets	1.62B	1.9B	2.31B	2.66B	3.1B
Liabilities
Accounts Payable, Total	145M	193M	232M	311M	383M
Accrued Expenses, Total	15M	17M	18M	18M	17M
Short-term Borrowings	-	-	-	-	-
Current Income Taxes Payable	91M	101M	151M	134M	175M
Other Current Liabilities	259M	295M	350M	384M	388M
Total Current Liabilities	510M	606M	751M	847M	963M
Other Non Current Liabilities	-	1M	1M	1M	-
Total Liabilities	510M	607M	752M	848M	963M
Common Stock, Total	318M	318M	318M	318M	318M
Additional Paid In Capital	260M	260M	260M	260M	260M
Retained Earnings	529M	715M	976M	1.23B	1.56B
Comprehensive Income and Other	1M	1M	1M	1M	1M
Total Common Equity	1.11B	1.29B	1.56B	1.81B	2.13B
Total Equity	1.11B	1.29B	1.56B	1.81B	2.13B
Total Liabilities And Equity	1.62B	1.9B	2.31B	2.66B	3.1B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.89M	4.89M	4.89M	4.89M	4.89M
ECS Total Common Shares Outstanding	4.89M	4.89M	4.89M	4.89M	4.89M
Book Value / Share	226.56	264.6	317.97	370.73	436.37
Tangible Book Value	1.11B	1.29B	1.55B	1.81B	2.13B
Tangible Book Value Per Share	226.56	263.37	316.95	370.12	435.96
Total Debt	0	0	0	0	0
Net Debt	-1.37B	-1.6B	-1.96B	-2.22B	-2.57B
Debt Equivalent Oper. Leases	528M	528M	528M	528M	528M
Full Time Employees	47	49	54	66	53
Accumulated Allowance for Doubtful Accounts (Supple)	6M	6M	7M	7M	6M

Fiscal Period: January	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Net Income	270M	350M	482M	505M	634M
Depreciation & Amortization - CF	1M	2M	2M	3M	5M
Depreciation & Amortization, Total	1M	2M	2M	3M	5M
Other Operating Activities, Total	-65M	-106M	-129M	-176M	-174M
Change In Accounts Receivable	-34M	-50M	-42M	-90M	-84M
Change In Accounts Payable	26M	46M	48M	75M	73M
Change in Other Net Operating Assets	34M	43M	65M	37M	1M
Cash from Operations	232M	285M	426M	354M	455M
Capital Expenditure	-	-	-3M	-	-7M
Sale (Purchase) of Intangible assets	-	-7M	-	-	-
Investment in Marketable and Equity Securities, Total	-30M	-30M	-30M	-30M	-30M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	1M	-1M	-	-	-
Cash from Investing	-29M	-38M	-33M	-30M	-37M
Short Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-48M	-48M	-63M	-87M	-102M
Common & Preferred Stock Dividends Paid	-48M	-48M	-63M	-87M	-102M
Other Financing Activities, Total	-	-	-	-1M	-
Cash from Financing	-48M	-48M	-63M	-88M	-102M
Miscellaneous Cash Flow Adjustments	-2M	-1M	-1M	-1M	-1M
Net Change in Cash	153M	198M	329M	235M	315M
Supplemental Items
Cash Income Tax Paid (Refund)	66M	106M	131M	177M	173M
Levered Free Cash Flow	220M	262M	402M	331M	422M
Unlevered Free Cash Flow	220M	262M	402M	331M	422M
Change In Net Working Capital	-50M	-48M	-100M	-2M	-29M
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: January	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Profitability
Return on Assets	11.18	12.43	14.38	13.13	13.72
Return on Total Capital	16.21	18.21	21.24	19.37	20.02
Return On Equity %	17.48	19.57	22.74	20.49	21.43
Return on Common Equity	17.48	19.57	22.74	20.49	21.43
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	69.07	63.69	57.98	58.81	52.75
EBITDA Margin %	30.04	35.7	41.5	40.57	46.74
EBITA Margin %	29.93	35.5	41.33	40.34	46.37
EBIT Margin %	29.93	35.5	41.33	40.34	46.37
Income From Continuing Operations Margin %	20.18	23.83	27.67	26.66	31.03
Net Income Margin %	20.18	23.83	27.67	26.66	31.03
Net Avail. For Common Margin %	20.18	23.83	27.67	26.66	31.03
Normalized Net Income Margin	18.71	22.19	25.67	24.34	29.07
Levered Free Cash Flow Margin	24.36	26.55	34.29	25.6	30.96
Unlevered Free Cash Flow Margin	24.36	26.55	34.29	25.6	30.96
Asset Turnover
Asset Turnover	0.6	0.56	0.56	0.52	0.47
Fixed Assets Turnover	106.12	140.86	156.13	152.24	143.47
Receivables Turnover (Average Receivables)	6.12	5.22	4.98	4.3	3.5
Short Term Liquidity
Current Ratio	3.03	3	2.96	3.05	3.13
Quick Ratio	3	2.99	2.95	3.03	3.11
Operating Cash Flow to Current Liabilities	0.45	0.47	0.57	0.42	0.47
Days Sales Outstanding (Average Receivables)	59.69	69.96	73.25	85.14	104.17
Average Days Payable Outstanding	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	-	-	-	-	-
Total Debt / Total Capital	-	-	-	-	-
Total Liabilities / Total Assets	31.52	31.93	32.6	31.87	31.09
Total Debt / EBITDA	-	-	-	-	-
Net Debt / EBITDA	-5.05	-4.54	-4.02	-4.23	-4.03
Total Debt / (EBITDA - Capex)	-	-	-	-	-
Net Debt / (EBITDA - Capex)	-5.05	-4.54	-4.05	-4.23	-4.07
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	16.09	9.31	18.76	10.5	5.33
Gross Profit, 1 Yr. Growth %	16.09	9.31	18.76	10.5	5.33
EBITDA, 1 Yr. Growth %	51.4	29.89	38.07	8.02	21.33
EBITA, 1 Yr. Growth %	51.69	29.63	38.29	7.85	21.07
EBIT, 1 Yr. Growth %	51.69	29.63	38.29	7.85	21.07
Earnings From Cont. Operations, 1 Yr. Growth %	52.94	29.12	37.87	6.48	22.61
Net Income, 1 Yr. Growth %	52.94	29.12	37.87	6.48	22.61
Normalized Net Income, 1 Yr. Growth %	51.69	29.63	37.43	4.78	25.79
Diluted EPS Before Extra, 1 Yr. Growth %	52.94	29.12	37.87	6.48	22.61
Accounts Receivable, 1 Yr. Growth %	25.19	30.49	19.63	35.16	24.86
Net Property, Plant and Equip., 1 Yr. Growth %	-11.11	-25	50	-11.11	37.5
Total Assets, 1 Yr. Growth %	15.41	17.49	21.36	15.34	16.38
Tangible Book Value, 1 Yr. Growth %	13.76	16.25	20.34	16.77	17.79
Common Equity, 1 Yr. Growth %	13.76	16.79	20.17	16.59	17.71
Cash From Operations, 1 Yr. Growth %	16	22.84	49.47	-16.9	28.53
Levered Free Cash Flow, 1 Yr. Growth %	17.99	19.11	53.39	-17.5	27.4
Unlevered Free Cash Flow, 1 Yr. Growth %	17.99	19.11	53.39	-17.5	27.4
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	14.84	12.65	13.94	14.56	7.89
Gross Profit, 2 Yr. CAGR %	14.84	12.65	13.94	14.56	7.89
EBITDA, 2 Yr. CAGR %	35.32	40.23	33.92	22.13	14.49
EBITA, 2 Yr. CAGR %	35.53	40.22	33.89	22.12	14.27
EBIT, 2 Yr. CAGR %	35.53	40.22	33.89	22.12	14.27
Earnings From Cont. Operations, 2 Yr. CAGR %	36.28	40.53	33.42	21.16	14.26
Net Income, 2 Yr. CAGR %	36.28	40.53	33.42	21.16	14.26
Normalized Net Income, 2 Yr. CAGR %	35.53	40.22	33.47	20	14.81
Diluted EPS Before Extra, 2 Yr. CAGR %	-3.64	40.53	33.43	21.17	14.26
Accounts Receivable, 2 Yr. CAGR %	16.9	27.81	24.94	27.15	29.9
Net Property, Plant and Equip., 2 Yr. CAGR %	41.42	-18.35	6.07	15.47	10.55
Total Assets, 2 Yr. CAGR %	15.35	16.44	19.41	18.31	15.86
Tangible Book Value, 2 Yr. CAGR %	12.21	14.99	18.28	18.54	17.28
Common Equity, 2 Yr. CAGR %	12.21	15.26	18.47	18.37	17.15
Cash From Operations, 2 Yr. CAGR %	29.19	19.37	35.51	11.45	3.35
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	52.75
Levered Free Cash Flow, 2 Yr. CAGR %	26.25	18.55	35.17	12.5	2.52
Unlevered Free Cash Flow, 2 Yr. CAGR %	26.25	18.55	35.17	12.5	2.52
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.26	12.96	14.65	12.78	11.4
Gross Profit, 3 Yr. CAGR %	11.26	12.96	14.65	12.78	11.4
EBITDA, 3 Yr. CAGR %	22.34	33.48	39.51	24.66	21.86
EBITA, 3 Yr. CAGR %	22.47	33.53	39.58	24.58	21.77
EBIT, 3 Yr. CAGR %	22.47	33.53	39.58	24.58	21.77
Earnings From Cont. Operations, 3 Yr. CAGR %	29.4	33.85	39.64	23.76	21.64
Net Income, 3 Yr. CAGR %	29.4	33.85	39.64	23.76	21.64
Normalized Net Income, 3 Yr. CAGR %	25.99	33.53	39.29	23.13	21.9
Diluted EPS Before Extra, 3 Yr. CAGR %	2.34	6.24	39.64	23.76	21.65
Accounts Receivable, 3 Yr. CAGR %	14.59	21.27	25.02	28.26	26.38
Net Property, Plant and Equip., 3 Yr. CAGR %	16.96	14.47	0	0	22.39
Total Assets, 3 Yr. CAGR %	13.93	16.06	18.06	18.04	17.67
Tangible Book Value, 3 Yr. CAGR %	12.32	13.54	16.75	17.77	18.29
Common Equity, 3 Yr. CAGR %	12.32	13.71	16.88	17.84	18.15
Cash From Operations, 3 Yr. CAGR %	34.66	27.04	28.66	15.13	16.88
Capital Expenditures, 3 Yr. CAGR %	-	-	-24.61	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	30.06	23.82	29.18	14.66	17.26
Unlevered Free Cash Flow, 3 Yr. CAGR %	30.06	23.82	29.18	14.66	17.26
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.14	10.23	12.32	13.6	11.9
Gross Profit, 5 Yr. CAGR %	76.27	10.23	12.32	13.6	11.9
EBITDA, 5 Yr. CAGR %	-	22.81	26.85	28.82	28.9
EBITA, 5 Yr. CAGR %	38.49	22.87	26.91	28.85	28.84
EBIT, 5 Yr. CAGR %	38.49	22.87	26.91	28.85	28.84
Earnings From Cont. Operations, 5 Yr. CAGR %	42.48	24.68	30.99	28.62	28.87
Net Income, 5 Yr. CAGR %	42.48	24.68	30.99	28.62	28.87
Normalized Net Income, 5 Yr. CAGR %	39.56	24.08	28.93	27.94	28.92
Diluted EPS Before Extra, 5 Yr. CAGR %	19.05	4.18	13.79	11.97	28.87
Accounts Receivable, 5 Yr. CAGR %	11.07	17.15	18.62	23.59	26.95
Net Property, Plant and Equip., 5 Yr. CAGR %	5.92	3.71	12.47	14.87	4.1
Total Assets, 5 Yr. CAGR %	38.54	32.19	16.09	16.96	17.18
Tangible Book Value, 5 Yr. CAGR %	61.45	48.23	14.66	15.52	16.96
Common Equity, 5 Yr. CAGR %	61.45	48.37	14.74	15.55	16.98
Cash From Operations, 5 Yr. CAGR %	-	12.66	35	20.56	17.87
Capital Expenditures, 5 Yr. CAGR %	-	-	24.57	-	0
Levered Free Cash Flow, 5 Yr. CAGR %	-	11.03	32.08	19.16	17.77
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	11.03	32.08	19.16	17.77