Income Statement Rasa Corporation

Stocks

3023

JP3967450002

Industrial Machinery & Equipment

Market Closed - Japan Exchange Other stock markets 02:30:00 2026-07-10 EDT			5-day change	1st Jan Change
1,825.00 ^JPY	+0.83%		-0.11%	+0.22%

04-03	Certain Common Stock of uridoki Inc. are subject to a Lock-Up Agreement Ending on 4-APR-2026.	CI
03-16	Tranche Update on Rasa Corporation's Equity Buyback Plan announced on November 26, 2025.	CI

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Published financial data: RASA CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	31.33B	29.66B	27.92B	26.57B	28.2B
Total Revenues	31.33B	29.66B	27.92B	26.57B	28.2B
Cost of Goods Sold, Total	24.81B	22.65B	21.3B	19.72B	20.61B
Gross Profit	6.52B	7.01B	6.62B	6.85B	7.59B
Selling General & Admin Expenses, Total	3.97B	4.15B	4.12B	4.32B	4.63B
Provision for Bad Debts	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses, Total	3.97B	4.15B	4.12B	4.32B	4.63B
Operating Income	2.55B	2.85B	2.5B	2.53B	2.96B
Interest Expense, Total	-26M	-24M	-21M	-27M	-37M
Interest And Investment Income	26M	31M	40M	39M	58M
Net Interest Expenses	0	7M	19M	12M	21M
Income (Loss) On Equity Invest.	205M	130M	295M	254M	263M
Other Non Operating Income (Expenses)	55M	-8M	3M	44M	-18M
EBT, Excl. Unusual Items	2.81B	2.98B	2.82B	2.84B	3.22B
Gain (Loss) On Sale Of Investments	69M	-	29M	46M	56M
Gain (Loss) On Sale Of Assets	-	-	-	-	1M
Asset Writedown	-	-	-2M	-	-1M
Other Unusual Items	-1M	-	-1M	2M	-
EBT, Incl. Unusual Items	2.88B	2.98B	2.84B	2.89B	3.28B
Income Tax Expense	866M	869M	844M	811M	903M
Earnings From Continuing Operations	2.01B	2.11B	2B	2.08B	2.38B
Net Income to Company	2.01B	2.11B	2B	2.08B	2.38B
Net Income - (IS)	2.01B	2.11B	2B	2.08B	2.38B
Net Income to Common Incl Extra Items	2.01B	2.11B	2B	2.08B	2.38B
Net Income to Common Excl. Extra Items	2.01B	2.11B	2B	2.08B	2.38B
Per Share Items
Net EPS - Basic	173.23	183.92	177.92	189.93	222.99
Basic EPS - Continuing Operations	173.23	183.92	177.92	189.93	222.99
Basic Weighted Average Shares Outstanding	11.63M	11.49M	11.22M	10.95M	10.66M
Net EPS - Diluted	173.23	183.92	177.92	189.93	222.99
Diluted EPS - Continuing Operations	173.23	183.92	177.92	189.93	222.99
Diluted Weighted Average Shares Outstanding	11.63M	11.49M	11.22M	10.95M	10.66M
Normalized Basic EPS	151.17	162.2	156.75	162.27	189.01
Normalized Diluted EPS	151.17	162.2	156.75	162.27	189.01
Dividend Per Share	50	68	68	72	-
Payout Ratio	23.78	32.88	42.61	37.52	34.52
Supplemental Items
EBITDA	2.8B	3.09B	2.72B	2.78B	3.14B
EBITA	2.55B	2.85B	2.5B	2.53B	2.96B
EBIT	2.55B	2.85B	2.5B	2.53B	2.96B
Effective Tax Rate - (Ratio)	30.07	29.13	29.71	28.06	27.52
Normalized Net Income	1.76B	1.86B	1.76B	1.78B	2.02B
Non-Cash Pension Expense	52M	70M	64M	64M	104M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	-	-	4M	2M

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	4.44B	5.53B	4.65B	5.73B	5.66B
Total Cash And Short Term Investments	4.44B	5.53B	4.65B	5.73B	5.66B
Accounts Receivable, Total	11.28B	10.63B	10.58B	9.79B	9.14B
Total Receivables	11.28B	10.63B	10.58B	9.79B	9.14B
Inventory	2.66B	2.75B	3.77B	4.6B	3.5B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	310M	179M	530M	102M	611M
Total Current Assets	18.7B	19.09B	19.52B	20.22B	18.91B
Net Property Plant And Equipment	7.84B	7.7B	7.62B	7.56B	7.42B
Long-term Investments	4.5B	4.8B	5.22B	5.34B	6.58B
Other Intangibles, Total	232M	183M	122M	56M	33M
Deferred Tax Assets Long-Term	117M	148M	82M	82M	-
Other Long-Term Assets, Total	2M	1M	2M	2M	1M
Total Assets	31.39B	31.92B	32.57B	33.26B	32.95B
Liabilities
Accounts Payable, Total	5.18B	4.26B	4.68B	4.94B	3.47B
Accrued Expenses, Total	310M	353M	332M	417M	462M
Short-term Borrowings	1.69B	2.1B	1.6B	1.65B	800M
Current Portion of Long-Term Debt	440M	490M	521M	190M	379M
Current Income Taxes Payable	420M	597M	408M	507M	544M
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	578M	870M	701M	814M	1.2B
Total Current Liabilities	8.62B	8.67B	8.24B	8.52B	6.85B
Long-Term Debt	2.9B	2.41B	2.09B	2.17B	1.8B
Pension & Other Post Retirement Benefits	24M	29M	17M	-	-
Deferred Tax Liability Non Current	355M	312M	368M	336M	405M
Other Non Current Liabilities	326M	398M	397M	370M	466M
Total Liabilities	12.23B	11.82B	11.12B	11.4B	9.52B
Common Stock, Total	2.08B	2.08B	2.08B	2.08B	2.08B
Additional Paid In Capital	1.84B	1.84B	1.84B	1.84B	1.84B
Retained Earnings	15.27B	16.69B	17.84B	18.23B	19.78B
Treasury Stock	-183M	-702M	-651M	-643M	-1.02B
Comprehensive Income and Other	157M	200M	353M	367M	746M
Total Common Equity	19.16B	20.1B	21.45B	21.86B	23.43B
Total Equity	19.16B	20.1B	21.45B	21.86B	23.43B
Total Liabilities And Equity	31.39B	31.92B	32.57B	33.26B	32.95B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	11.63M	11.18M	11.25M	10.74M	10.57M
ECS Total Common Shares Outstanding	11.63M	11.18M	11.25M	10.74M	10.57M
Book Value / Share	1.65K	1.8K	1.91K	2.04K	2.22K
Tangible Book Value	18.92B	19.92B	21.33B	21.8B	23.4B
Tangible Book Value Per Share	1.63K	1.78K	1.9K	2.03K	2.21K
Total Debt	5.03B	5B	4.21B	4.01B	2.97B
Net Debt	589M	-528M	-434M	-1.72B	-2.69B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-18M	-6M	-12M	-12M	-11M
Inventories - Raw Materials, Total	10M	8M	7M	5M	5M
Inventories - Work In Process, Total	19M	119M	90M	49M	46M
Inventories - Finished Goods, Total	2.63B	2.62B	3.67B	4.54B	3.45B
Full Time Employees	262	241	253	258	262
Order Backlog	5.5B	7.22B	6.57B	7.17B	7.69B

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	2.88B	2.98B	2.84B	2.89B	3.28B
Depreciation & Amortization - CF	249M	240M	224M	251M	184M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	249M	240M	224M	251M	184M
(Gain) Loss From Sale Of Asset	1M	-	2M	-	-
(Gain) Loss on Sale of Investments - (CF)	-69M	-	-29M	-46M	-56M
(Income) Loss On Equity Investments - (CF)	-205M	-130M	-295M	-254M	-263M
Other Operating Activities, Total	-1.1B	-716M	-1.04B	-660M	-881M
Change In Accounts Receivable	-1.17B	651M	55M	792M	650M
Change In Inventories	1.19B	-87M	-1.02B	-832M	1.1B
Change In Accounts Payable	760M	-935M	392M	263M	-1.47B
Change in Other Net Operating Assets	-1.65B	531M	-418M	440M	-404M
Cash from Operations	886M	2.54B	717M	2.84B	2.14B
Capital Expenditure	-39M	-22M	-47M	-46M	-75M
Sale of Property, Plant, and Equipment	-	-	-	-	1M
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-26M	-17M	-10M	-5M	-
Investment in Marketable and Equity Securities, Total	120M	-	45M	82M	66M
Other Investing Activities, Total	-60M	-167M	37M	109M	33M
Cash from Investing	-5M	-206M	25M	140M	25M
Short Term Debt Issued, Total	-	410M	-	50M	-
Long-Term Debt Issued, Total	-	-	200M	-	-
Total Debt Issued	-	410M	200M	50M	-
Short Term Debt Repaid, Total	-140M	-	-500M	-	-850M
Long-Term Debt Repaid, Total	-482M	-440M	-490M	-248M	-190M
Total Debt Repaid	-622M	-440M	-990M	-248M	-1.04B
Issuance of Common Stock	-	-	28M	26M	169M
Repurchase of Common Stock	-	-521M	-	-940M	-533M
Common Dividends Paid	-479M	-695M	-851M	-780M	-821M
Common & Preferred Stock Dividends Paid	-479M	-695M	-851M	-780M	-821M
Other Financing Activities, Total	-12M	1M	-13M	-7M	-7M
Cash from Financing	-1.11B	-1.24B	-1.63B	-1.9B	-2.23B
Foreign Exchange Rate Adjustments	1M	-	-	-	-
Miscellaneous Cash Flow Adjustments	-	-1M	1M	-	1M
Net Change in Cash	-231M	1.09B	-883M	1.08B	-70M
Supplemental Items
Cash Interest Paid	25M	24M	20M	28M	37M
Cash Income Tax Paid (Refund)	898M	726M	1.05B	684M	892M
Levered Free Cash Flow	586M	2.25B	446M	2.71B	2.17B
Unlevered Free Cash Flow	602M	2.27B	459M	2.73B	2.19B
Change In Net Working Capital	1.18B	-281M	1.27B	-944M	-234M
Net Debt Issued / Repaid	-622M	-30M	-790M	-198M	-1.04B

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	5.08	5.64	4.84	4.81	5.59
Return on Total Capital	6.71	7.24	6.15	6.14	7.07
Return On Equity %	10.94	10.77	9.61	9.6	10.5
Return on Common Equity	10.94	10.77	9.61	9.6	10.5
Margin Analysis
Gross Profit Margin %	20.81	23.62	23.72	25.79	26.92
SG&A Margin	12.67	14	14.77	16.26	16.43
EBITDA Margin %	8.94	10.43	9.75	10.48	11.14
EBITA Margin %	8.15	9.62	8.95	9.53	10.49
EBIT Margin %	8.15	9.62	8.95	9.53	10.49
Income From Continuing Operations Margin %	6.43	7.13	7.15	7.83	8.43
Net Income Margin %	6.43	7.13	7.15	7.83	8.43
Net Avail. For Common Margin %	6.43	7.13	7.15	7.83	8.43
Normalized Net Income Margin	5.61	6.29	6.3	6.69	7.15
Levered Free Cash Flow Margin	1.87	7.59	1.6	10.2	7.69
Unlevered Free Cash Flow Margin	1.92	7.64	1.65	10.26	7.77
Asset Turnover
Asset Turnover	1	0.94	0.87	0.81	0.85
Fixed Assets Turnover	3.97	3.82	3.64	3.5	3.76
Receivables Turnover (Average Receivables)	2.93	2.71	2.63	2.61	2.98
Inventory Turnover (Average Inventory)	7.67	8.37	6.54	4.71	5.09
Short Term Liquidity
Current Ratio	2.17	2.2	2.37	2.37	2.76
Quick Ratio	1.82	1.87	1.85	1.82	2.16
Operating Cash Flow to Current Liabilities	0.1	0.29	0.09	0.33	0.31
Days Sales Outstanding (Average Receivables)	124.67	134.89	139.05	139.88	122.45
Days Outstanding Inventory (Average Inventory)	47.56	43.59	56	77.45	71.75
Average Days Payable Outstanding	73.51	75.78	73.31	85.47	78.63
Cash Conversion Cycle (Average Days)	98.72	102.7	121.74	131.87	115.56
Long Term Solvency
Total Debt/Equity	26.28	24.9	19.64	18.36	12.69
Total Debt / Total Capital	20.81	19.93	16.42	15.51	11.26
LT Debt/Equity	15.16	12.01	9.75	9.94	7.66
Long-Term Debt / Total Capital	12	9.62	8.15	8.4	6.8
Total Liabilities / Total Assets	38.97	37.03	34.14	34.27	28.89
EBIT / Interest Expense	98.15	118.92	118.95	93.78	79.97
EBITDA / Interest Expense	107.73	128.92	129.62	103.07	84.95
(EBITDA - Capex) / Interest Expense	106.23	128	127.38	101.37	82.92
Total Debt / EBITDA	1.8	1.62	1.55	1.44	0.95
Net Debt / EBITDA	0.21	-0.17	-0.16	-0.62	-0.86
Total Debt / (EBITDA - Capex)	1.82	1.63	1.57	1.47	0.97
Net Debt / (EBITDA - Capex)	0.21	-0.17	-0.16	-0.63	-0.88
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	17.22	-5.34	-5.87	-4.83	6.15
Gross Profit, 1 Yr. Growth %	7.98	7.44	-5.5	3.5	10.8
EBITDA, 1 Yr. Growth %	15.03	10.46	-12.02	2.24	12.94
EBITA, 1 Yr. Growth %	16.48	11.83	-12.47	1.36	16.86
EBIT, 1 Yr. Growth %	16.48	11.83	-12.47	1.36	16.86
Earnings From Cont. Operations, 1 Yr. Growth %	30.44	4.97	-5.53	4.11	14.38
Net Income, 1 Yr. Growth %	30.44	4.97	-5.53	4.11	14.38
Normalized Net Income, 1 Yr. Growth %	17.51	6.08	-5.63	0.96	13.48
Diluted EPS Before Extra, 1 Yr. Growth %	30.44	6.17	-3.26	6.75	17.41
Accounts Receivable, 1 Yr. Growth %	11.54	-5.77	-0.53	-7.49	-6.65
Inventory, 1 Yr. Growth %	-30	3.23	37.12	22.05	-23.83
Net Property, Plant and Equip., 1 Yr. Growth %	-1.6	-1.72	-1	-0.88	-1.73
Total Assets, 1 Yr. Growth %	-0.07	1.7	2.03	2.12	-0.92
Tangible Book Value, 1 Yr. Growth %	8.73	5.25	7.08	2.24	7.31
Common Equity, 1 Yr. Growth %	8.42	4.93	6.72	1.92	7.19
Cash From Operations, 1 Yr. Growth %	-0.11	186.46	-71.75	296.65	-24.89
Capital Expenditures, 1 Yr. Growth %	-61	-43.59	113.64	-2.13	63.04
Levered Free Cash Flow, 1 Yr. Growth %	-21.47	284.25	-80.18	507.37	-19.94
Unlevered Free Cash Flow, 1 Yr. Growth %	-21.14	276.37	-79.73	493.69	-19.59
Dividend Per Share, 1 Yr. Growth %	31.58	36	0	5.88	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.49	5.34	-5.6	-5.35	0.51
Gross Profit, 2 Yr. CAGR %	3.65	7.71	0.76	-1.1	7.09
EBITDA, 2 Yr. CAGR %	11.57	12.72	-1.42	-5.16	7.46
EBITA, 2 Yr. CAGR %	11.2	14.13	-1.06	-5.81	8.84
EBIT, 2 Yr. CAGR %	11.2	14.13	-1.06	-5.81	8.84
Earnings From Cont. Operations, 2 Yr. CAGR %	7.28	17.01	-0.42	-0.83	9.12
Net Income, 2 Yr. CAGR %	7.28	17.01	-0.42	-0.83	9.12
Normalized Net Income, 2 Yr. CAGR %	10.17	11.65	0.05	-2.39	7.03
Diluted EPS Before Extra, 2 Yr. CAGR %	7.22	17.68	1.34	1.62	11.95
Accounts Receivable, 2 Yr. CAGR %	10.36	2.52	-3.18	-4.07	-7.07
Inventory, 2 Yr. CAGR %	-21.41	-14.99	18.97	29.37	-3.58
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.39	-1.66	-1.36	-0.94	-1.31
Total Assets, 2 Yr. CAGR %	2.1	0.81	1.86	2.08	0.59
Tangible Book Value, 2 Yr. CAGR %	8.06	6.98	6.16	4.63	4.74
Common Equity, 2 Yr. CAGR %	7.97	6.66	5.82	4.29	4.52
Cash From Operations, 2 Yr. CAGR %	-51.54	69.15	-10.04	5.86	72.6
Capital Expenditures, 2 Yr. CAGR %	-19.38	-53.1	9.78	44.6	26.32
Levered Free Cash Flow, 2 Yr. CAGR %	-58.95	73.71	-12.73	9.72	120.51
Unlevered Free Cash Flow, 2 Yr. CAGR %	-58.5	72.28	-12.66	9.7	118.49
Dividend Per Share, 2 Yr. CAGR %	14.71	33.77	16.62	2.9	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.43	0.46	1.46	-5.35	-1.66
Gross Profit, 3 Yr. CAGR %	2	4.9	3.11	1.67	2.72
EBITDA, 3 Yr. CAGR %	7.77	11.2	3.78	-0.21	0.53
EBITA, 3 Yr. CAGR %	7.64	11.41	4.47	-0.26	1.21
EBIT, 3 Yr. CAGR %	7.64	11.41	4.47	-0.26	1.21
Earnings From Cont. Operations, 3 Yr. CAGR %	7.02	6.5	8.95	1.06	4
Net Income, 3 Yr. CAGR %	7.02	6.5	8.95	1.06	4
Normalized Net Income, 3 Yr. CAGR %	7.24	8.79	5.56	0.35	2.63
Diluted EPS Before Extra, 3 Yr. CAGR %	8.59	6.87	10.24	3.12	6.63
Accounts Receivable, 3 Yr. CAGR %	0.59	4.7	1.5	-4.64	-4.94
Inventory, 3 Yr. CAGR %	-13.2	-13.93	-0.31	19.99	8.43
Net Property, Plant and Equip., 3 Yr. CAGR %	-1.29	-1.5	-1.44	-1.2	-1.2
Total Assets, 3 Yr. CAGR %	0.28	1.96	1.22	1.95	1.07
Tangible Book Value, 3 Yr. CAGR %	7.68	7.12	7.01	4.84	5.52
Common Equity, 3 Yr. CAGR %	7.84	6.95	6.68	4.5	5.25
Cash From Operations, 3 Yr. CAGR %	24.42	-12.38	-6.85	47.51	-5.59
Capital Expenditures, 3 Yr. CAGR %	-57.44	-28.43	-22.25	5.66	50.5
Levered Free Cash Flow, 3 Yr. CAGR %	-17.95	-13.49	-15.74	66.62	-1.22
Unlevered Free Cash Flow, 3 Yr. CAGR %	-16.64	-13.46	-15.58	65.45	-1.09
Dividend Per Share, 3 Yr. CAGR %	13.72	21.41	21.41	12.92	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	0.93	0.39	-2.53	-1.91	1.08
Gross Profit, 5 Yr. CAGR %	3.7	4.12	1.51	2.46	4.69
EBITDA, 5 Yr. CAGR %	9.47	9.09	3.99	4.34	5.24
EBITA, 5 Yr. CAGR %	10.2	9.89	4.07	4.17	6.19
EBIT, 5 Yr. CAGR %	11.79	9.89	4.07	4.17	6.19
Earnings From Cont. Operations, 5 Yr. CAGR %	14.44	7.62	3.98	3.51	9.02
Net Income, 5 Yr. CAGR %	14.44	7.62	3.98	3.51	9.02
Normalized Net Income, 5 Yr. CAGR %	11.39	8.66	4.31	4.17	6.15
Diluted EPS Before Extra, 5 Yr. CAGR %	13.76	7.36	5.63	4.74	10.92
Accounts Receivable, 5 Yr. CAGR %	3.57	1.72	-0.93	1.1	-2.02
Inventory, 5 Yr. CAGR %	-2.63	3.85	-1.53	1.31	-1.63
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.27	-1.12	-1.32	-1.28	-1.39
Total Assets, 5 Yr. CAGR %	3.02	2.01	0.91	2.01	0.96
Tangible Book Value, 5 Yr. CAGR %	8.95	5.78	7.07	6.12	6.1
Common Equity, 5 Yr. CAGR %	9.12	5.94	7.03	5.88	5.81
Cash From Operations, 5 Yr. CAGR %	-25.41	3.14	9.28	-5.5	19.22
Capital Expenditures, 5 Yr. CAGR %	-45.14	-42.53	-37.83	-5.18	-5.59
Levered Free Cash Flow, 5 Yr. CAGR %	-29.47	5.44	-15.9	-4.86	23.8
Unlevered Free Cash Flow, 5 Yr. CAGR %	-29.22	5.29	-15.07	-4.85	23.49
Dividend Per Share, 5 Yr. CAGR %	15.81	15.56	14.87	13.63	-