Income Statement Naito & Co., Ltd.

Stocks

7624

JP3641350008

Industrial Machinery & Equipment

Market Closed - Japan Exchange Other stock markets 02:30:00 2026-06-11 EDT			5-day change	1st Jan Change
132.00 ^JPY	0.00%		-2.22%	-0.75%

23-12-13	Eisai to launch Alzheimer's drug Leqembi in Japan on Dec 20	RE
23-12-08	Toshiba, Rohm to Invest $2.69 Billion to Make Power Devices in Boost to Japan Chip Industry	DJ

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Published financial data: NAITO & CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: February	2022	2023	2024	2025	2026
Revenues	44.07B	44.46B	44.06B	43.56B	43.52B
Total Revenues	44.07B	44.46B	44.06B	43.56B	43.52B
Cost of Goods Sold, Total	39.2B	39B	38.65B	38.26B	38.28B
Gross Profit	4.87B	5.46B	5.41B	5.29B	5.24B
Selling General & Admin Expenses, Total	4.38B	4.57B	4.91B	4.83B	4.84B
Provision for Bad Debts	-	-	-	1M	-
Other Operating Expenses, Total	4.38B	4.57B	4.91B	4.83B	4.84B
Operating Income	490M	887M	506M	464M	405M
Interest Expense, Total	-2M	-3M	-4M	-6M	-4M
Interest And Investment Income	8M	7M	12M	14M	19M
Net Interest Expenses	6M	4M	8M	8M	15M
Income (Loss) On Equity Invest.	11M	26M	21M	18M	19M
Currency Exchange Gains (Loss)	-	8M	12M	4M	-
Other Non Operating Income (Expenses)	161M	8M	7M	9M	14M
EBT, Excl. Unusual Items	668M	933M	554M	503M	453M
Gain (Loss) On Sale Of Investments	-	159M	-	-	-
Gain (Loss) On Sale Of Assets	-	-1M	-2M	-1M	-
Asset Writedown	-	-	-13M	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	668M	1.09B	539M	502M	453M
Income Tax Expense	220M	359M	194M	188M	169M
Earnings From Continuing Operations	448M	732M	345M	314M	284M
Net Income to Company	448M	732M	345M	314M	284M
Net Income - (IS)	448M	732M	345M	314M	284M
Net Income to Common Incl Extra Items	448M	732M	345M	314M	284M
Net Income to Common Excl. Extra Items	448M	732M	345M	314M	284M
Per Share Items
Net EPS - Basic	8.18	13.37	6.3	5.73	5.19
Basic EPS - Continuing Operations	8.18	13.37	6.3	5.73	5.19
Basic Weighted Average Shares Outstanding	54.76M	54.76M	54.76M	54.76M	54.76M
Net EPS - Diluted	8.18	13.37	6.3	5.73	5.19
Diluted EPS - Continuing Operations	8.18	13.37	6.3	5.73	5.19
Diluted Weighted Average Shares Outstanding	54.76M	54.76M	54.76M	54.76M	54.76M
Normalized Basic EPS	7.62	10.65	6.32	5.74	5.17
Normalized Diluted EPS	7.62	10.65	6.32	5.74	5.17
Dividend Per Share	3	4	4	4	4
Payout Ratio	24.33	22.4	63.19	69.75	77.11
Supplemental Items
EBITDA	691M	1.15B	801M	814M	769M
EBITA	490M	887M	506M	464M	405M
EBIT	490M	887M	506M	464M	405M
EBITDAR	1.1B	1.56B	1.3B	1.28B	-
Effective Tax Rate - (Ratio)	32.93	32.91	35.99	37.45	37.31
Normalized Net Income	418M	583M	346M	314M	283M
Non-Cash Pension Expense	-19M	-22M	-8M	-6M	-3M
Supplemental Operating Expense Items
Net Rental Expense, Total	408M	413M	499M	467M	-
Imputed Operating Lease Interest Expense	11.18M	18.59M	25.92M	47.24M	-
Imputed Operating Lease Depreciation	397M	394M	473M	420M	-

Fiscal Period: February	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	186M	186M	138M	113M	82M
Total Cash And Short Term Investments	186M	186M	138M	113M	82M
Accounts Receivable, Total	9.38B	9.52B	9.2B	8.86B	8.92B
Other Receivables	-	-	21M	-	-
Total Receivables	9.38B	9.52B	9.22B	8.86B	8.92B
Inventory	4.28B	4.3B	4.93B	4.87B	5.09B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	229M	288M	378M	364M	408M
Total Current Assets	14.07B	14.29B	14.67B	14.21B	14.5B
Net Property Plant And Equipment	131M	134M	290M	288M	305M
Long-term Investments	1.98B	1.79B	1.92B	1.92B	2.17B
Other Intangibles, Total	947M	807M	779M	659M	520M
Deferred Tax Assets Long-Term	50M	161M	114M	145M	88M
Other Long-Term Assets, Total	1M	2M	1M	3M	2M
Total Assets	17.17B	17.19B	17.78B	17.23B	17.59B
Liabilities
Accounts Payable, Total	3.53B	3.04B	3.44B	3.24B	3.51B
Accrued Expenses, Total	173M	253M	153M	185M	190M
Short-term Borrowings	710M	356M	876M	73M	101M
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	172M	323M	-	162M	96M
Other Current Liabilities	246M	421M	330M	502M	408M
Total Current Liabilities	4.83B	4.4B	4.79B	4.16B	4.31B
Long-Term Leases	-	-	-	-	-
Pension & Other Post Retirement Benefits	53M	58M	66M	57M	42M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	70M	68M	94M	101M	101M
Total Liabilities	4.95B	4.52B	4.95B	4.32B	4.45B
Common Stock, Total	2.29B	2.29B	2.29B	2.29B	2.29B
Additional Paid In Capital	2.28B	2.28B	2.28B	2.28B	2.28B
Retained Earnings	7.5B	8.07B	8.2B	8.29B	8.36B
Treasury Stock	-10M	-10M	-10M	-10M	-10M
Comprehensive Income and Other	153M	27M	62M	52M	214M
Total Common Equity	12.22B	12.66B	12.82B	12.91B	13.14B
Total Equity	12.22B	12.66B	12.82B	12.91B	13.14B
Total Liabilities And Equity	17.17B	17.19B	17.78B	17.23B	17.59B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	54.76M	54.76M	54.76M	54.76M	54.76M
ECS Total Common Shares Outstanding	54.76M	54.76M	54.76M	54.76M	54.76M
Book Value / Share	223.17	231.24	234.2	235.75	239.9
Tangible Book Value	11.27B	11.86B	12.05B	12.25B	12.62B
Tangible Book Value Per Share	205.88	216.5	219.97	223.72	230.4
Total Debt	710M	356M	876M	73M	101M
Net Debt	524M	170M	738M	-40M	19M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-171M	-96M	-116M	-86M	-222M
Debt Equivalent Oper. Leases	3.26B	3.3B	3.99B	3.74B	-
Inventories - Raw Materials, Total	3M	3M	3M	4M	3M
Inventories - Finished Goods, Total	4.27B	4.29B	4.93B	4.87B	5.09B
Inventories - Others	1M	1M	1M	1M	-
Full Time Employees	336	333	330	319	309
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: February	2022	2023	2024	2025	2026
Net Income	668M	1.09B	539M	502M	453M
Depreciation & Amortization - CF	201M	259M	295M	350M	364M
Depreciation & Amortization, Total	201M	259M	295M	350M	364M
(Gain) Loss From Sale Of Asset	-	-	15M	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-159M	-	-	-
(Income) Loss On Equity Investments - (CF)	-11M	-26M	-21M	-18M	-19M
Other Operating Activities, Total	-129M	-250M	-477M	-28M	-240M
Change In Accounts Receivable	-59M	-142M	322M	345M	-61M
Change In Inventories	-614M	-16M	-636M	58M	-219M
Change In Accounts Payable	118M	-485M	384M	-200M	274M
Change in Other Net Operating Assets	-82M	170M	-320M	149M	-90M
Cash from Operations	92M	442M	101M	1.16B	462M
Capital Expenditure	-5M	-33M	-185M	-78M	-56M
Sale (Purchase) of Intangible assets	-227M	-89M	-209M	-76M	-241M
Investment in Marketable and Equity Securities, Total	-	202M	-	-6M	6M
Other Investing Activities, Total	-6M	-8M	-58M	2M	1M
Cash from Investing	-238M	72M	-452M	-158M	-290M
Short Term Debt Issued, Total	251M	-	519M	-	28M
Total Debt Issued	251M	-	519M	-	28M
Short Term Debt Repaid, Total	-	-353M	-	-803M	-
Total Debt Repaid	-	-353M	-	-803M	-
Common Dividends Paid	-109M	-164M	-218M	-219M	-219M
Common & Preferred Stock Dividends Paid	-109M	-164M	-218M	-219M	-219M
Other Financing Activities, Total	-1M	-1M	-1M	-	1M
Cash from Financing	141M	-518M	300M	-1.02B	-190M
Foreign Exchange Rate Adjustments	1M	2M	-	-1M	-
Miscellaneous Cash Flow Adjustments	1M	1M	2M	-1M	-
Net Change in Cash	-3M	-1M	-49M	-24M	-18M
Supplemental Items
Cash Interest Paid	2M	3M	4M	6M	4M
Cash Income Tax Paid (Refund)	123M	255M	489M	35M	239M
Levered Free Cash Flow	-255M	388M	-338M	1.09B	113M
Unlevered Free Cash Flow	-254M	389M	-336M	1.09B	115M
Change In Net Working Capital	529M	302M	553M	-608M	205M
Net Debt Issued / Repaid	251M	-353M	519M	-803M	28M

Fiscal Period: February	2022	2023	2024	2025	2026
Profitability
Return on Assets	1.82	3.23	1.81	1.66	1.45
Return on Total Capital	2.42	4.27	2.37	2.17	1.93
Return On Equity %	3.72	5.88	2.71	2.44	2.18
Return on Common Equity	3.72	5.88	2.71	2.44	2.18
Margin Analysis
Gross Profit Margin %	11.04	12.28	12.28	12.15	12.04
SG&A Margin	9.93	10.28	11.13	11.08	11.11
EBITDA Margin %	1.57	2.58	1.82	1.87	1.77
EBITA Margin %	1.11	2	1.15	1.07	0.93
EBIT Margin %	1.11	2	1.15	1.07	0.93
Income From Continuing Operations Margin %	1.02	1.65	0.78	0.72	0.65
Net Income Margin %	1.02	1.65	0.78	0.72	0.65
Net Avail. For Common Margin %	1.02	1.65	0.78	0.72	0.65
Normalized Net Income Margin	0.95	1.31	0.79	0.72	0.65
Levered Free Cash Flow Margin	-0.58	0.87	-0.77	2.5	0.26
Unlevered Free Cash Flow Margin	-0.58	0.88	-0.76	2.51	0.26
Asset Turnover
Asset Turnover	2.62	2.59	2.52	2.49	2.5
Fixed Assets Turnover	292.82	335.52	207.85	150.71	146.77
Receivables Turnover (Average Receivables)	4.71	4.7	4.71	4.82	4.9
Inventory Turnover (Average Inventory)	9.88	9.1	8.38	7.8	7.68
Short Term Liquidity
Current Ratio	2.91	3.25	3.06	3.42	3.37
Quick Ratio	1.98	2.21	1.95	2.16	2.09
Operating Cash Flow to Current Liabilities	0.02	0.1	0.02	0.28	0.11
Days Sales Outstanding (Average Receivables)	77.41	77.59	77.77	75.67	74.54
Days Outstanding Inventory (Average Inventory)	36.94	40.11	43.69	46.77	47.52
Average Days Payable Outstanding	31.78	30.75	30.18	31.87	31.99
Cash Conversion Cycle (Average Days)	82.58	86.95	91.28	90.58	90.07
Long Term Solvency
Total Debt/Equity	5.81	2.81	6.83	0.57	0.77
Total Debt / Total Capital	5.49	2.73	6.39	0.56	0.76
LT Debt/Equity	-	-	-	-	-
Long-Term Debt / Total Capital	-	-	-	-	-
Total Liabilities / Total Assets	28.84	26.32	27.86	25.06	25.3
EBIT / Interest Expense	245	295.67	126.5	77.33	101.25
EBITDA / Interest Expense	345.5	382	200.25	135.67	192.25
(EBITDA - Capex) / Interest Expense	343	371	154	122.67	178.25
Total Debt / EBITDA	1.03	0.31	1.09	0.09	0.13
Net Debt / EBITDA	0.76	0.15	0.92	-0.05	0.02
Total Debt / (EBITDA - Capex)	1.03	0.32	1.42	0.1	0.14
Net Debt / (EBITDA - Capex)	0.76	0.15	1.2	-0.05	0.03
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	12.58	0.88	-0.88	-1.16	-0.08
Gross Profit, 1 Yr. Growth %	14.95	12.14	-0.84	-2.24	-0.95
EBITDA, 1 Yr. Growth %	151.27	65.85	-30.1	1.62	-5.53
EBITA, 1 Yr. Growth %	155.21	81.02	-42.95	-8.3	-12.72
EBIT, 1 Yr. Growth %	155.21	81.02	-42.95	-8.3	-12.72
Earnings From Cont. Operations, 1 Yr. Growth %	63.5	63.39	-52.87	-8.99	-9.55
Net Income, 1 Yr. Growth %	63.5	63.39	-52.87	-8.99	-9.55
Normalized Net Income, 1 Yr. Growth %	51.47	39.67	-40.62	-9.21	-9.94
Diluted EPS Before Extra, 1 Yr. Growth %	63.5	63.39	-52.87	-8.99	-9.55
Accounts Receivable, 1 Yr. Growth %	0.64	1.56	-3.36	-3.77	0.7
Inventory, 1 Yr. Growth %	16.83	0.44	14.85	-1.2	4.49
Net Property, Plant and Equip., 1 Yr. Growth %	-22.94	2.29	116.42	-0.69	5.9
Total Assets, 1 Yr. Growth %	4.38	0.08	3.44	-3.11	2.09
Tangible Book Value, 1 Yr. Growth %	2.54	5.16	1.6	1.7	2.99
Common Equity, 1 Yr. Growth %	2.89	3.62	1.28	0.66	1.76
Cash From Operations, 1 Yr. Growth %	-95.02	380.43	-77.15	1.05K	-60.1
Capital Expenditures, 1 Yr. Growth %	-68.75	560	460.61	-57.84	-28.21
Levered Free Cash Flow, 1 Yr. Growth %	-122.6	-251.96	-187.29	-422.32	-89.67
Unlevered Free Cash Flow, 1 Yr. Growth %	-122.46	-253.45	-186.23	-425.84	-89.48
Dividend Per Share, 1 Yr. Growth %	50	33.33	0	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-2.61	6.57	-0.01	-1.02	-0.62
Gross Profit, 2 Yr. CAGR %	-3.55	13.54	5.45	-1.54	-1.59
EBITDA, 2 Yr. CAGR %	-13.62	104.14	7.67	-15.72	-2.02
EBITA, 2 Yr. CAGR %	-23.49	114.94	1.62	-27.67	-10.54
EBIT, 2 Yr. CAGR %	-23.49	114.94	1.62	-27.67	-10.54
Earnings From Cont. Operations, 2 Yr. CAGR %	-19.19	63.45	-12.25	-34.5	-9.27
Net Income, 2 Yr. CAGR %	-19.19	63.45	-12.25	-34.5	-9.27
Normalized Net Income, 2 Yr. CAGR %	-19.51	45.45	-8.93	-26.58	-9.57
Diluted EPS Before Extra, 2 Yr. CAGR %	-19.19	63.45	-12.25	-34.5	-9.27
Accounts Receivable, 2 Yr. CAGR %	-7.49	1.1	-0.93	-3.57	-1.56
Inventory, 2 Yr. CAGR %	3.43	8.33	7.41	6.53	1.61
Net Property, Plant and Equip., 2 Yr. CAGR %	-24.53	-11.22	48.79	46.6	2.55
Total Assets, 2 Yr. CAGR %	-2.27	2.21	1.75	0.11	-0.54
Tangible Book Value, 2 Yr. CAGR %	-0.85	3.84	3.37	1.65	2.34
Common Equity, 2 Yr. CAGR %	1.69	3.25	2.44	0.97	1.21
Cash From Operations, 2 Yr. CAGR %	-71.45	-51.09	4.78	61.86	113.88
Capital Expenditures, 2 Yr. CAGR %	-75.31	43.61	508.28	53.74	-44.98
Levered Free Cash Flow, 2 Yr. CAGR %	-50.11	-41.39	15.17	67.74	-42.3
Unlevered Free Cash Flow, 2 Yr. CAGR %	-50.32	-41.3	15.03	67.62	-41.44
Dividend Per Share, 2 Yr. CAGR %	-13.4	41.42	15.47	0	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-4.13	-1.46	4.02	-0.39	-0.71
Gross Profit, 3 Yr. CAGR %	-3.9	1.42	8.53	2.82	-1.34
EBITDA, 3 Yr. CAGR %	-11.3	7.36	42.81	5.61	-12.45
EBITA, 3 Yr. CAGR %	-19.2	1.95	38.13	-1.8	-23
EBIT, 3 Yr. CAGR %	-19.2	1.95	38.13	-1.8	-23
Earnings From Cont. Operations, 3 Yr. CAGR %	-17.98	2.19	7.98	-11.17	-27.06
Net Income, 3 Yr. CAGR %	-17.98	2.19	7.98	-11.17	-27.06
Normalized Net Income, 3 Yr. CAGR %	-17.16	-3.27	7.9	-9.02	-21.4
Diluted EPS Before Extra, 3 Yr. CAGR %	-17.98	2.19	7.98	-11.17	-27.06
Accounts Receivable, 3 Yr. CAGR %	-6.85	-4.57	-0.41	-1.89	-2.16
Inventory, 3 Yr. CAGR %	4.59	2.43	10.46	4.46	5.84
Net Property, Plant and Equip., 3 Yr. CAGR %	-13.3	-16.48	19.49	30.03	31.54
Total Assets, 3 Yr. CAGR %	-1.69	-1.49	2.62	0.1	0.77
Tangible Book Value, 3 Yr. CAGR %	0.03	1.11	3.09	2.81	2.1
Common Equity, 3 Yr. CAGR %	2.5	2.33	2.59	1.84	1.23
Cash From Operations, 3 Yr. CAGR %	-36.66	-26.85	-62.05	132.62	1.49
Capital Expenditures, 3 Yr. CAGR %	-64.09	-26.17	126.13	149.87	19.28
Levered Free Cash Flow, 3 Yr. CAGR %	-27.13	-27.68	-33.07	62.3	-33.76
Unlevered Free Cash Flow, 3 Yr. CAGR %	-27.12	-27.65	-33.27	62.76	-33.38
Dividend Per Share, 3 Yr. CAGR %	-9.14	0	25.99	10.06	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	0.27	-0.93	-2.5	-1.29	2.14
Gross Profit, 5 Yr. CAGR %	0.98	1.8	-0.26	0.22	4.36
EBITDA, 5 Yr. CAGR %	4.37	7.89	-4.15	-2.55	22.83
EBITA, 5 Yr. CAGR %	-0.32	4.03	-11.44	-11.13	16.1
EBIT, 5 Yr. CAGR %	-0.32	4.03	-11.44	-11.13	16.1
Earnings From Cont. Operations, 5 Yr. CAGR %	6.24	2.31	-15.73	-14.47	0.72
Net Income, 5 Yr. CAGR %	6.24	2.31	-15.73	-14.47	0.72
Normalized Net Income, 5 Yr. CAGR %	-1.13	-0.55	-13.96	-13.37	0.54
Diluted EPS Before Extra, 5 Yr. CAGR %	6.24	2.31	-15.73	-14.47	0.72
Accounts Receivable, 5 Yr. CAGR %	-1.92	-3.17	-4.53	-4.17	-0.87
Inventory, 5 Yr. CAGR %	5.36	4.36	5.71	4.05	6.83
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.75	0.45	7.61	4.6	12.4
Total Assets, 5 Yr. CAGR %	1.05	-0.14	-0.33	-0.85	1.34
Tangible Book Value, 5 Yr. CAGR %	2.21	2.19	1.35	1.33	2.79
Common Equity, 5 Yr. CAGR %	3.64	3.36	2.48	1.78	2.04
Cash From Operations, 5 Yr. CAGR %	-27.71	55.9	-22.53	0.51	-24.21
Capital Expenditures, 5 Yr. CAGR %	-25.65	15.58	11.37	-1	28.47
Levered Free Cash Flow, 5 Yr. CAGR %	-7.03	24.7	-12.49	1.25	-36.93
Unlevered Free Cash Flow, 5 Yr. CAGR %	-7.28	25.31	-12.52	1.25	-36.67
Dividend Per Share, 5 Yr. CAGR %	0	5.92	0	0	14.87