Cash flow Nippon RAD Inc.

Stocks

4736

JP3754650004

IT Services & Consulting

Delayed Japan Exchange 20:26:00 2026-08-31 EDT			5-day change	1st Jan Change
593.00 ^JPY	+0.34%		+1.19%	-4.51%

23-04-03	Tranche Update on Nippon RAD Inc.'s Equity Buyback Plan announced on November 7, 2022.	CI
23-03-23	Nippon RAD Inc.'s Equity Buyback announced on November 7, 2022, has closed with 81,100 shares, representing 1.54% for ¥39 million.	CI

874d3c86a49ae7c334.UZSWry6c_Rwj6sOVZ8mHJ6D_H6h-HbrbpStQHY3X4pc.Fsby5nfKt2l8urrxOL_qZsSaZ8YJR-ma4H9mSdKRi6c64qbbHsqIfhCzsA

Published financial data: NIPPON RAD INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2014 (JPY)	2015 (JPY)	2016 (JPY)	2017 (JPY)	2026 (JPY)
Revenues	3.72B	3.08B	3.5B	3.22B	4.13B
Total Revenues	3.72B	3.08B	3.5B	3.22B	4.13B
Cost of Goods Sold, Total	3.13B	2.76B	2.76B	2.4B	3.23B
Gross Profit	590M	319M	738M	824M	905M
Selling General & Admin Expenses, Total	579M	599M	539M	622M	736M
Provision for Bad Debts	-	-	8M	13M	-
Depreciation & Amortization - (IS)	-	-	2M	2M	-
Other Operating Expenses, Total	579M	599M	549M	637M	736M
Operating Income	11M	-280M	189M	187M	169M
Interest Expense, Total	-12M	-13M	-9M	-4M	-
Interest And Investment Income	2M	9M	8M	13M	72M
Net Interest Expenses	-10M	-4M	-1M	9M	72M
Income (Loss) On Equity Invest.	-	-1M	11M	-	-
Other Non Operating Income (Expenses)	3M	0	2M	1M	1M
EBT, Excl. Unusual Items	4M	-285M	201M	197M	242M
Gain (Loss) On Sale Of Investments	99M	-53M	-1M	-	-
Gain (Loss) On Sale Of Assets	-	-	99M	240M	-
Asset Writedown	-1M	-698M	-11M	-	-2M
Other Unusual Items	0	-1M	-8M	-	-
EBT, Incl. Unusual Items	102M	-1.04B	280M	437M	240M
Income Tax Expense	-15M	175M	-45M	34M	76M
Earnings From Continuing Operations	117M	-1.21B	325M	403M	164M
Net Income to Company	117M	-1.21B	325M	403M	164M
Minority Interest	-	-	3M	6M	-
Net Income - (IS)	117M	-1.21B	328M	409M	164M
Net Income to Common Incl Extra Items	117M	-1.21B	328M	409M	164M
Net Income to Common Excl. Extra Items	117M	-1.21B	328M	409M	164M
Per Share Items
Net EPS - Basic	29.06	-296.94	80.36	95.86	31.04
Basic EPS - Continuing Operations	29.06	-296.94	80.36	95.86	31.04
Basic Weighted Average Shares Outstanding	4.03M	4.08M	4.08M	4.27M	5.28M
Net EPS - Diluted	29.06	-296.94	80.36	95.86	31.04
Diluted EPS - Continuing Operations	29.06	-296.94	80.36	95.86	31.04
Diluted Weighted Average Shares Outstanding	4.03M	4.08M	4.08M	4.27M	5.28M
Normalized Basic EPS	0.62	-43.64	31.51	30.26	28.62
Normalized Diluted EPS	0.62	-43.64	31.51	30.26	28.62
Dividend Per Share	5	-	5	5	10
Payout Ratio	17.09	-1.65	-	4.89	32.32
Supplemental Items
EBITDA	279M	-33M	251M	214M	261M
EBITA	24M	-278M	190M	187M	178M
EBIT	11M	-280M	189M	187M	169M
EBITDAR	329M	25M	311M	271M	-
Effective Tax Rate - (Ratio)	-14.71	-16.88	-16.07	7.78	31.67
Normalized Net Income	2.5M	-178M	129M	129M	151M
Non-Cash Pension Expense	8.58M	17.95M	29.73M	14.55M	-83.54M
Supplemental Operating Expense Items
General and Administrative Expenses	59M	64M	62M	68M	83M
Research And Development Expense From Footnotes	12M	-	-	18M	6M
Net Rental Expense, Total	50M	58M	60M	57M	-
Imputed Operating Lease Interest Expense	4.92M	6.33M	6.71M	8.41M	-
Imputed Operating Lease Depreciation	45.08M	51.67M	53.29M	48.59M	-

Fiscal Period: March	2014 (JPY)	2015 (JPY)	2016 (JPY)	2017 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	626M	783M	706M	1.37B	1.96B
Total Cash And Short Term Investments	626M	783M	706M	1.37B	1.96B
Accounts Receivable, Total	861M	712M	843M	663M	908M
Other Receivables	-	-	-	-	6M
Total Receivables	861M	712M	843M	663M	914M
Inventory	166M	77M	38M	19M	56M
Deferred Tax Assets Current	14M	23M	38M	57M	-
Other Current Assets, Total	58M	88M	121M	159M	229M
Total Current Assets	1.72B	1.68B	1.75B	2.27B	3.16B
Net Property Plant And Equipment	1.18B	511M	444M	38M	238M
Long-term Investments	184M	199M	165M	172M	1.02B
Goodwill	4M	1M	-	-	119M
Other Intangibles, Total	358M	84M	53M	46M	142M
Loans Receivable Long-Term	-	-	-	-	32M
Deferred Tax Assets Long-Term	172M	-	31M	1M	238M
Other Long-Term Assets, Total	2M	2M	1M	2M	2M
Total Assets	3.62B	2.48B	2.44B	2.53B	4.95B
Liabilities
Accounts Payable, Total	249M	166M	284M	155M	145M
Accrued Expenses, Total	-	54M	50M	53M	265M
Short-term Borrowings	210M	459M	251M	28M	-
Current Portion of Long-Term Debt	280M	213M	58M	28M	6M
Current Portion of Leases	48M	23M	-	1M	-
Current Income Taxes Payable	10M	11M	12M	36M	38M
Other Current Liabilities	167M	207M	241M	189M	318M
Total Current Liabilities	964M	1.13B	896M	490M	772M
Long-Term Debt	330M	155M	47M	19M	15M
Long-Term Leases	106M	82M	-	2M	-
Pension & Other Post Retirement Benefits	341M	365M	393M	428M	523M
Deferred Tax Liability Non Current	-	8M	-	-	15M
Other Non Current Liabilities	210M	210M	216M	223M	98M
Total Liabilities	1.95B	1.95B	1.55B	1.16B	1.42B
Common Stock, Total	772M	772M	772M	772M	1.24B
Additional Paid In Capital	880M	880M	913M	437M	994M
Retained Earnings	201M	-951M	-622M	236M	1.22B
Treasury Stock	-196M	-196M	-196M	-103M	-31M
Comprehensive Income and Other	17M	22M	11M	17M	105M
Total Common Equity	1.67B	527M	878M	1.36B	3.53B
Minority Interest	-	-	10M	8M	-
Total Equity	1.67B	527M	888M	1.37B	3.53B
Total Liabilities And Equity	3.62B	2.48B	2.44B	2.53B	4.95B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.08M	4.08M	4.28M	4.28M	5.28M
ECS Total Common Shares Outstanding	4.08M	4.08M	4.08M	4.28M	5.28M
Book Value / Share	410.13	129.12	215.11	317.41	667.62
Tangible Book Value	1.31B	442M	825M	1.31B	3.27B
Tangible Book Value Per Share	321.44	108.29	202.13	306.67	618.21
Total Debt	974M	932M	356M	78M	21M
Net Debt	348M	149M	-350M	-1.29B	-1.94B
Debt Equivalent of Unfunded Proj. Benefit Obligation	342M	365M	393M	428M	524M
Debt Equivalent Oper. Leases	400M	464M	480M	456M	-
Minority Interest, Total (Incl. Fin. Div)	-	-	10M	8M	-
Inventories - Raw Materials, Total	22M	24M	16M	7M	46M
Inventories - Work In Process, Total	59M	42M	13M	9M	6M
Inventories - Finished Goods, Total	84M	10M	8M	2M	3M
Inventories - Others	1M	1M	1M	1M	1M
Full Time Employees	300	274	258	270	299
Accumulated Allowance for Doubtful Accounts (Supple)	3M	3M	12M	25M	-
Order Backlog	1.06B	944M	981M	1.14B	1.25B

Fiscal Period: March	2014 (JPY)	2015 (JPY)	2016 (JPY)	2017 (JPY)	2026 (JPY)
Net Income	101M	-1.04B	279M	438M	241M
Depreciation & Amortization - CF	255M	245M	61M	27M	83M
Amortization of Goodwill and Intangible Assets - (CF)	13M	2M	1M	-	9M
Depreciation & Amortization, Total	268M	247M	62M	27M	92M
(Gain) Loss From Sale Of Asset	-	699M	-88M	-240M	2M
(Gain) Loss on Sale of Investments - (CF)	-	55M	1M	-	-
(Income) Loss On Equity Investments - (CF)	-	1M	-11M	-	-
Other Operating Activities, Total	-19M	0	-6M	-5M	-160M
Change In Accounts Receivable	-132M	127M	-139M	166M	100M
Change In Inventories	18M	11M	39M	18M	16M
Change In Accounts Payable	64M	-72M	117M	-128M	-94M
Change in Other Net Operating Assets	-133M	122M	42M	-25M	-33M
Cash from Operations	167M	154M	296M	251M	164M
Capital Expenditure	-14M	-2M	-11M	-15M	-17M
Sale of Property, Plant, and Equipment	91M	-	74M	666M	-
Cash Acquisitions	-	-	-	-	-231M
Divestitures	-	-	24M	-	-
Sale (Purchase) of Intangible assets	-45M	-	-24M	-11M	-78M
Investment in Marketable and Equity Securities, Total	-	-	7M	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	63M	-	-10M	0
Other Investing Activities, Total	14M	-5M	0	-4M	-3M
Cash from Investing	46M	56M	70M	626M	-329M
Short Term Debt Issued, Total	109M	249M	-	-	-
Long-Term Debt Issued, Total	130M	50M	-	-	-
Total Debt Issued	239M	299M	-	-	-
Short Term Debt Repaid, Total	-	-	-207M	-223M	-
Long-Term Debt Repaid, Total	-386M	-283M	-263M	-58M	-3M
Total Debt Repaid	-386M	-283M	-470M	-281M	-3M
Issuance of Common Stock	19M	-	-	91M	-
Common Dividends Paid	-20M	-20M	-	-20M	-53M
Common & Preferred Stock Dividends Paid	-20M	-20M	-	-20M	-53M
Other Financing Activities, Total	72M	-48M	26M	-1M	-1M
Cash from Financing	-76M	-52M	-444M	-211M	-57M
Foreign Exchange Rate Adjustments	1M	-	-	-	-
Miscellaneous Cash Flow Adjustments	-	-	1M	-	-
Net Change in Cash	138M	158M	-77M	666M	-222M
Supplemental Items
Cash Interest Paid	12M	13M	8M	4M	-
Cash Income Tax Paid (Refund)	19M	4M	7M	6M	161M
Levered Free Cash Flow	104M	273M	148M	103M	-
Unlevered Free Cash Flow	112M	281M	154M	106M	-
Change In Net Working Capital	104M	-211M	-9M	12M	-
Net Debt Issued / Repaid	-147M	16M	-470M	-281M	-3M

Fiscal Period: March	2014 (JPY)	2015 (JPY)	2016 (JPY)	2017 (JPY)	2026 (JPY)
Profitability
Return on Assets	0.19	-5.73	4.8	4.7	-
Return on Total Capital	0.27	-8.52	8.74	8.69	-
Return On Equity %	7.25	-110.13	45.94	35.74	-
Return on Common Equity	7.25	-110.13	46.69	36.57	-
Margin Analysis
Gross Profit Margin %	15.87	10.35	21.07	25.57	21.91
SG&A Margin	15.58	19.44	15.39	19.3	17.82
EBITDA Margin %	7.51	-1.07	7.17	6.64	6.32
EBITA Margin %	0.65	-9.02	5.43	5.8	4.31
EBIT Margin %	0.3	-9.08	5.4	5.8	4.09
Income From Continuing Operations Margin %	3.15	-39.33	9.28	12.51	3.97
Net Income Margin %	3.15	-39.33	9.37	12.69	3.97
Net Avail. For Common Margin %	3.15	-39.33	9.37	12.69	3.97
Normalized Net Income Margin	0.07	-5.78	3.67	4.01	3.66
Levered Free Cash Flow Margin	2.81	8.85	4.24	3.21	-
Unlevered Free Cash Flow Margin	3.01	9.12	4.4	3.29	-
Asset Turnover
Asset Turnover	1.04	1.01	1.42	1.3	-
Fixed Assets Turnover	3.13	3.65	7.33	13.37	-
Receivables Turnover (Average Receivables)	4.68	3.92	4.5	4.28	-
Inventory Turnover (Average Inventory)	17.82	22.74	48.07	84.14	-
Short Term Liquidity
Current Ratio	1.79	1.49	1.95	4.63	4.09
Quick Ratio	1.54	1.32	1.73	4.15	3.73
Operating Cash Flow to Current Liabilities	0.17	0.14	0.33	0.51	0.21
Days Sales Outstanding (Average Receivables)	78.02	93.14	81.26	85.3	-
Days Outstanding Inventory (Average Inventory)	20.49	16.05	7.61	4.34	-
Average Days Payable Outstanding	25.48	28.32	30.22	33.68	-
Cash Conversion Cycle (Average Days)	73.02	80.87	58.65	55.96	-
Long Term Solvency
Total Debt/Equity	58.18	176.85	40.09	5.71	0.6
Total Debt / Total Capital	36.78	63.88	28.62	5.4	0.59
LT Debt/Equity	26.05	44.97	5.29	1.54	0.43
Long-Term Debt / Total Capital	16.47	16.24	3.78	1.45	0.42
Total Liabilities / Total Assets	53.82	78.75	63.61	45.95	28.75
EBIT / Interest Expense	0.92	-21.54	21	46.75	-
EBITDA / Interest Expense	23.25	-2.54	27.89	53.5	-
(EBITDA - Capex) / Interest Expense	22.08	-2.69	26.67	49.75	-
Total Debt / EBITDA	3.49	-28.24	1.42	0.36	0.08
Net Debt / EBITDA	1.25	-4.52	-1.39	-6.05	-7.44
Total Debt / (EBITDA - Capex)	3.68	-26.63	1.48	0.39	0.09
Net Debt / (EBITDA - Capex)	1.31	-4.26	-1.46	-6.5	-7.95
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-0.96	-17.08	13.63	-8	-
Gross Profit, 1 Yr. Growth %	6.31	-45.93	131.35	11.65	-
EBITDA, 1 Yr. Growth %	2.2	-111.83	-860.61	-14.74	-
EBITA, 1 Yr. Growth %	-146.15	-1.26K	-168.35	-1.58	-
EBIT, 1 Yr. Growth %	-115.71	-2.65K	-167.5	-1.06	-
Earnings From Cont. Operations, 1 Yr. Growth %	-407.89	-1.14K	-126.82	24	-
Net Income, 1 Yr. Growth %	-407.89	-1.14K	-127.06	24.7	-
Normalized Net Income, 1 Yr. Growth %	-106.25	-7.22K	-172.21	0.39	-
Diluted EPS Before Extra, 1 Yr. Growth %	-407.22	-1.12K	-127.06	19.28	-
Accounts Receivable, 1 Yr. Growth %	18.27	-17.31	18.4	-21.35	-
Inventory, 1 Yr. Growth %	-10.27	-53.61	-50.65	-50	-
Net Property, Plant and Equip., 1 Yr. Growth %	-1.01	-56.7	-13.11	-91.44	-
Total Assets, 1 Yr. Growth %	2.95	-31.59	-1.61	3.65	-
Tangible Book Value, 1 Yr. Growth %	23.08	-66.31	86.65	59.15	-
Common Equity, 1 Yr. Growth %	7.72	-68.52	66.6	54.78	-
Cash From Operations, 1 Yr. Growth %	-63.22	-7.78	92.21	-15.2	-
Capital Expenditures, 1 Yr. Growth %	-96.75	-85.71	450	36.36	-
Levered Free Cash Flow, 1 Yr. Growth %	-160.16	161.44	-45.58	-30.39	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-167.91	151.17	-45.15	-31.31	-
Dividend Per Share, 1 Yr. Growth %	0	-	-	0	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-6.36	-9.38	-2.94	2.25	-
Gross Profit, 2 Yr. CAGR %	4.62	-24.19	11.84	60.72	-
EBITDA, 2 Yr. CAGR %	94.17	-65.23	-5.15	154.65	-
EBITA, 2 Yr. CAGR %	-62.65	131.22	181.37	-17.98	-
EBIT, 2 Yr. CAGR %	-75.88	100	314.51	-18.28	-
Earnings From Cont. Operations, 2 Yr. CAGR %	-24.08	464.75	66.67	-42.34	-
Net Income, 2 Yr. CAGR %	-23.32	464.75	67.43	-41.91	-
Normalized Net Income, 2 Yr. CAGR %	-86.15	111.02	617.29	-14.86	-
Diluted EPS Before Extra, 2 Yr. CAGR %	-23.41	460.27	66.29	-43.18	-
Accounts Receivable, 2 Yr. CAGR %	-1.48	-1.11	-1.05	-3.5	-
Inventory, 2 Yr. CAGR %	-26.94	-35.49	-52.15	-50.33	-
Net Property, Plant and Equip., 2 Yr. CAGR %	11.27	-34.53	-38.66	-72.73	-
Total Assets, 2 Yr. CAGR %	-8.23	-16.07	-17.96	0.98	-
Tangible Book Value, 2 Yr. CAGR %	6.26	-35.61	-20.7	72.35	-
Common Equity, 2 Yr. CAGR %	0.57	-41.77	-27.58	60.58	-
Cash From Operations, 2 Yr. CAGR %	-35.86	-41.76	33.13	27.67	-
Capital Expenditures, 2 Yr. CAGR %	-82.3	-93.19	-11.36	173.86	-
Levered Free Cash Flow, 2 Yr. CAGR %	-43.58	25.41	19.28	-38.45	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-39.84	30.6	17.37	-38.62	-
Dividend Per Share, 2 Yr. CAGR %	0	-	0	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-4.78	-10.08	-2.28	-4.65	-
Gross Profit, 3 Yr. CAGR %	-7.36	-16.04	9.96	11.78	-
EBITDA, 3 Yr. CAGR %	12.11	-23.6	-2.76	-8.46	-
EBITA, 3 Yr. CAGR %	-31.9	17.36	54.02	98.25	-
EBIT, 3 Yr. CAGR %	-42.21	14	39.25	157.13	-
Earnings From Cont. Operations, 3 Yr. CAGR %	94.1	81.41	104.5	51.02	-
Net Income, 3 Yr. CAGR %	155.68	82.62	105.13	51.77	-
Normalized Net Income, 3 Yr. CAGR %	-42.82	10.96	47.6	272.41	-
Diluted EPS Before Extra, 3 Yr. CAGR %	155.49	81.65	104.04	48.86	-
Accounts Receivable, 3 Yr. CAGR %	-9.64	-7.06	5.01	-8.34	-
Inventory, 3 Yr. CAGR %	-23.03	-37.21	-41	-51.45	-
Net Property, Plant and Equip., 3 Yr. CAGR %	16.41	-18.76	-28.05	-68.18	-
Total Assets, 3 Yr. CAGR %	-5.95	-16.79	-11.51	-11.31	-
Tangible Book Value, 3 Yr. CAGR %	-3.03	-27.54	-8.19	0.03	-
Common Equity, 3 Yr. CAGR %	-3.17	-31.71	-17.33	-6.71	-
Cash From Operations, 3 Yr. CAGR %	-2.47	-27.61	-13.29	14.55	-
Capital Expenditures, 3 Yr. CAGR %	-58.72	-83.52	-70.56	2.33	-
Levered Free Cash Flow, 3 Yr. CAGR %	-13.69	-5.94	-5.05	-0.32	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-8.77	-3.13	-2.2	-1.82	-
Dividend Per Share, 3 Yr. CAGR %	0	-	0	0	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-3.98	-10.2	-4.05	-5.34	-
Gross Profit, 5 Yr. CAGR %	-8.83	-17.59	-0.11	8.86	-
EBITDA, 5 Yr. CAGR %	7.04	-9.91	4.86	23.66	-
EBITA, 5 Yr. CAGR %	-32.14	62.33	20.11	1.69	-
EBIT, 5 Yr. CAGR %	-40.79	86.19	27.09	-0.21	-
Earnings From Cont. Operations, 5 Yr. CAGR %	7.29	110.34	82.62	14.7	-
Net Income, 5 Yr. CAGR %	6.43	130.99	115.85	15.5	-
Normalized Net Income, 5 Yr. CAGR %	-47.87	23.22	57.26	-0.19	-
Diluted EPS Before Extra, 5 Yr. CAGR %	6.31	130.16	115.17	14.11	-
Accounts Receivable, 5 Yr. CAGR %	-4.48	-11.65	-6.3	-5.66	-
Inventory, 5 Yr. CAGR %	-5.46	-19.42	-36.36	-42.83	-
Net Property, Plant and Equip., 5 Yr. CAGR %	19.1	0.09	-9.91	-47.5	-
Total Assets, 5 Yr. CAGR %	-2.46	-10.22	-10.95	-10.09	-
Tangible Book Value, 5 Yr. CAGR %	-5.04	-22.82	-10.53	2.47	-
Common Equity, 5 Yr. CAGR %	-1.43	-21.95	-13.79	-3.86	-
Cash From Operations, 5 Yr. CAGR %	6.3	-13.13	10.46	-9.17	-
Capital Expenditures, 5 Yr. CAGR %	10.1	-44.67	-43.96	-49.28	-
Levered Free Cash Flow, 5 Yr. CAGR %	10.77	-11.05	-1.77	-20.61	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	11.88	-10.12	0.9	-19.29	-
Dividend Per Share, 5 Yr. CAGR %	-	-	0	0	-