Income Statement Sakura Rubber Co., Ltd.

Stocks

5189

JP3317600009

Tires & Rubber Products

Delayed Japan Exchange 20:02:47 2026-08-17 EDT			5-day change	1st Jan Change
3,685.00 ^JPY	+1.94%		+10.49%	+62.98%

23-05-12	Sakura Rubber Co., Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023	CI
18-10-23	Sakura Rubber Co., Ltd. announces an Equity Buyback for 117 shares.	CI

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Published financial data: SAKURA RUBBER CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	8.87B	10.69B	13.35B	12.19B	14.54B
Total Revenues	8.87B	10.69B	13.35B	12.19B	14.54B
Cost of Goods Sold, Total	7.42B	8.53B	10.32B	9.54B	11.17B
Gross Profit	1.45B	2.16B	3.04B	2.65B	3.37B
Selling General & Admin Expenses, Total	1.55B	1.71B	1.88B	1.98B	2.12B
Provision for Bad Debts	-	-	-	-1M	-
Depreciation & Amortization - (IS)	21M	20M	18M	20M	18M
Other Operating Expenses, Total	1.58B	1.73B	1.9B	2B	2.14B
Operating Income	-128M	426M	1.14B	645M	1.23B
Interest Expense, Total	-42M	-42M	-41M	-41M	-54M
Interest And Investment Income	8M	9M	10M	13M	19M
Net Interest Expenses	-34M	-33M	-31M	-28M	-35M
Currency Exchange Gains (Loss)	-8M	-5M	-14M	-4M	-17M
Other Non Operating Income (Expenses)	20M	21M	13M	39M	9M
EBT, Excl. Unusual Items	-150M	409M	1.1B	652M	1.19B
Gain (Loss) On Sale Of Investments	-	-	-	-	12M
Gain (Loss) On Sale Of Assets	38M	171M	-1M	-26M	-10M
Asset Writedown	-	-	-	-26M	-144M
Other Unusual Items	-	-33M	-	-1M	-1M
EBT, Incl. Unusual Items	-112M	547M	1.1B	599M	1.04B
Income Tax Expense	-18M	233M	370M	174M	379M
Earnings From Continuing Operations	-94M	314M	733M	425M	666M
Net Income to Company	-94M	314M	733M	425M	666M
Net Income - (IS)	-94M	314M	733M	425M	666M
Net Income to Common Incl Extra Items	-94M	314M	733M	425M	666M
Net Income to Common Excl. Extra Items	-94M	314M	733M	425M	666M
Per Share Items
Net EPS - Basic	-48.58	162.27	378.85	219.68	344.25
Basic EPS - Continuing Operations	-48.58	162.27	378.85	219.68	344.25
Basic Weighted Average Shares Outstanding	1.94M	1.94M	1.93M	1.93M	1.93M
Net EPS - Diluted	-48.58	162.27	378.85	219.68	344.25
Diluted EPS - Continuing Operations	-48.58	162.27	378.85	219.68	344.25
Diluted Weighted Average Shares Outstanding	1.94M	1.94M	1.93M	1.93M	1.93M
Normalized Basic EPS	-48.45	132.11	356.63	210.63	383.79
Normalized Diluted EPS	-48.45	132.11	356.63	210.63	383.79
Dividend Per Share	12.5	25	60	65	100
Payout Ratio	-51.06	7.64	6.55	40.47	18.62
Supplemental Items
EBITDA	162M	702M	1.39B	981M	1.52B
EBITA	-128M	426M	1.14B	645M	1.23B
EBIT	-128M	426M	1.14B	645M	1.23B
Effective Tax Rate - (Ratio)	16.07	42.6	33.54	29.05	36.27
Normalized Net Income	-93.75M	256M	690M	408M	742M
Non-Cash Pension Expense	26.75M	9.02M	27.15M	18.27M	20.41M
Supplemental Operating Expense Items
General and Administrative Expenses	133M	139M	156M	159M	159M
Research And Development Expense From Footnotes	228M	188M	203M	254M	300M

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	3.36B	3.02B	3.02B	3.14B	2.82B
Total Cash And Short Term Investments	3.36B	3.02B	3.02B	3.14B	2.82B
Accounts Receivable, Total	3.61B	6.06B	6.9B	5.25B	6.71B
Other Receivables	9M	-	-	24M	-
Total Receivables	3.62B	6.06B	6.9B	5.28B	6.71B
Inventory	2.47B	2.71B	3.16B	3.37B	4.86B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	87M	125M	134M	202M	332M
Total Current Assets	9.53B	11.92B	13.21B	11.99B	14.72B
Net Property Plant And Equipment	3.96B	3.5B	3.38B	3.51B	3.55B
Long-term Investments	554M	621M	777M	925M	1.32B
Other Intangibles, Total	26M	22M	20M	16M	12M
Deferred Tax Assets Long-Term	308M	255M	178M	150M	21M
Other Long-Term Assets, Total	1M	1M	3M	2M	1M
Total Assets	14.38B	16.32B	17.57B	16.59B	19.62B
Liabilities
Accounts Payable, Total	1.7B	3.4B	3.53B	2.23B	2.64B
Accrued Expenses, Total	155M	289M	376M	350M	412M
Short-term Borrowings	1B	846M	827M	1.37B	2.05B
Current Portion of Long-Term Debt	798M	809M	778M	833M	948M
Current Portion of Leases	8M	2M	4M	4M	4M
Current Income Taxes Payable	28M	175M	329M	17M	362M
Other Current Liabilities	455M	475M	639M	548M	721M
Total Current Liabilities	4.15B	5.99B	6.49B	5.35B	7.14B
Long-Term Debt	1.7B	1.47B	1.34B	1.11B	1B
Long-Term Leases	8M	5M	12M	7M	12M
Pension & Other Post Retirement Benefits	774M	799M	603M	626M	428M
Deferred Tax Liability Non Current	10M	12M	16M	26M	35M
Other Non Current Liabilities	294M	287M	391M	411M	992M
Total Liabilities	6.93B	8.56B	8.85B	7.53B	9.61B
Common Stock, Total	506M	506M	506M	506M	506M
Additional Paid In Capital	285M	285M	285M	285M	285M
Retained Earnings	6.86B	7.15B	7.83B	8.08B	8.62B
Treasury Stock	-173M	-173M	-174M	-174M	-174M
Comprehensive Income and Other	-32M	-3M	272M	357M	768M
Total Common Equity	7.44B	7.76B	8.72B	9.06B	10.01B
Total Equity	7.44B	7.76B	8.72B	9.06B	10.01B
Total Liabilities And Equity	14.38B	16.32B	17.57B	16.59B	19.62B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.94M	1.93M	1.93M	1.93M	1.93M
ECS Total Common Shares Outstanding	1.94M	1.93M	1.93M	1.93M	1.93M
Book Value / Share	3.85K	4.01K	4.51K	4.68K	5.17K
Tangible Book Value	7.42B	7.74B	8.7B	9.04B	10B
Tangible Book Value Per Share	3.83K	4K	4.5K	4.67K	5.17K
Total Debt	3.51B	3.13B	2.96B	3.33B	4.02B
Net Debt	157M	106M	-60M	183M	1.19B
Debt Equivalent of Unfunded Proj. Benefit Obligation	554M	561M	335M	330M	135M
Inventories - Raw Materials, Total	571M	585M	606M	816M	1.35B
Inventories - Work In Process, Total	1.8B	1.91B	2.26B	2.31B	3.12B
Inventories - Finished Goods, Total	96M	212M	296M	242M	385M
Inventories - Others	1M	2M	1M	1M	-
Full Time Employees	339	314	334	342	351
Accumulated Allowance for Doubtful Accounts (Supple)	3M	5M	6M	5M	6M
Order Backlog	3.4B	4.61B	5.37B	8.17B	10.81B

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	-112M	547M	1.1B	600M	1.05B
Depreciation & Amortization - CF	290M	276M	255M	336M	284M
Depreciation & Amortization, Total	290M	276M	255M	336M	284M
(Gain) Loss From Sale Of Asset	-37M	-171M	1M	53M	155M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-12M
Other Operating Activities, Total	80M	-50M	-256M	-515M	-78M
Change In Accounts Receivable	-142M	-2.46B	-837M	1.65B	-1.46B
Change In Inventories	204M	-243M	-446M	-210M	-1.48B
Change In Accounts Payable	-217M	1.69B	137M	-1.31B	415M
Change in Other Net Operating Assets	5M	156M	408M	-187M	530M
Cash from Operations	71M	-254M	366M	423M	-601M
Capital Expenditure	-182M	-127M	-120M	-165M	-558M
Sale of Property, Plant, and Equipment	120M	444M	-	-	1M
Sale (Purchase) of Intangible assets	-	-	-1M	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	21M
Other Investing Activities, Total	-28M	-25M	-25M	-32M	-28M
Cash from Investing	-90M	292M	-146M	-197M	-564M
Short Term Debt Issued, Total	-	-	-	250M	970M
Long-Term Debt Issued, Total	1.01B	680M	768M	740M	930M
Total Debt Issued	1.01B	680M	768M	990M	1.9B
Short Term Debt Repaid, Total	-210M	-120M	-10M	-	-
Long-Term Debt Repaid, Total	-711M	-898M	-928M	-914M	-922M
Total Debt Repaid	-921M	-1.02B	-938M	-914M	-922M
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-48M	-24M	-48M	-172M	-124M
Common & Preferred Stock Dividends Paid	-48M	-24M	-48M	-172M	-124M
Other Financing Activities, Total	-12M	-8M	-5M	-5M	-7M
Cash from Financing	29M	-370M	-223M	-101M	847M
Miscellaneous Cash Flow Adjustments	1M	-1M	-	-1M	-
Net Change in Cash	11M	-333M	-3M	124M	-318M
Supplemental Items
Cash Interest Paid	43M	43M	39M	44M	60M
Cash Income Tax Paid (Refund)	-82M	48M	255M	511M	73M
Levered Free Cash Flow	-233M	-349M	69.38M	162M	-1.59B
Unlevered Free Cash Flow	-207M	-323M	95M	187M	-1.55B
Change In Net Working Capital	235M	738M	749M	387M	2.05B
Net Debt Issued / Repaid	89M	-338M	-170M	76M	978M

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	-0.55	1.73	4.19	2.36	4.25
Return on Total Capital	-0.73	2.44	6.29	3.35	5.83
Return On Equity %	-1.25	4.13	8.89	4.78	6.99
Return on Common Equity	-1.25	4.13	8.89	4.78	6.99
Margin Analysis
Gross Profit Margin %	16.31	20.19	22.74	21.73	23.19
SG&A Margin	17.52	16.02	14.09	16.28	14.6
EBITDA Margin %	1.83	6.57	10.42	8.05	10.42
EBITA Margin %	-1.44	3.98	8.51	5.29	8.47
EBIT Margin %	-1.44	3.98	8.51	5.29	8.47
Income From Continuing Operations Margin %	-1.06	2.94	5.49	3.49	4.58
Net Income Margin %	-1.06	2.94	5.49	3.49	4.58
Net Avail. For Common Margin %	-1.06	2.94	5.49	3.49	4.58
Normalized Net Income Margin	-1.06	2.39	5.17	3.34	5.11
Levered Free Cash Flow Margin	-2.63	-3.26	0.52	1.32	-10.92
Unlevered Free Cash Flow Margin	-2.33	-3.02	0.71	1.54	-10.69
Asset Turnover
Asset Turnover	0.61	0.7	0.79	0.71	0.8
Fixed Assets Turnover	2.17	2.87	3.88	3.54	4.12
Receivables Turnover (Average Receivables)	2.51	2.21	2.06	2.01	2.43
Inventory Turnover (Average Inventory)	2.89	3.29	3.51	2.92	2.72
Short Term Liquidity
Current Ratio	2.3	1.99	2.04	2.24	2.06
Quick Ratio	1.68	1.52	1.53	1.57	1.33
Operating Cash Flow to Current Liabilities	0.02	-0.04	0.06	0.08	-0.08
Days Sales Outstanding (Average Receivables)	145.47	165.11	177.71	181.98	150.08
Days Outstanding Inventory (Average Inventory)	126.43	110.84	104.16	124.9	134.41
Average Days Payable Outstanding	91.62	106.01	117.79	107.8	70.24
Cash Conversion Cycle (Average Days)	180.28	169.93	164.07	199.07	214.24
Long Term Solvency
Total Debt/Equity	47.18	40.29	33.93	36.72	40.12
Total Debt / Total Capital	32.06	28.72	25.33	26.86	28.63
LT Debt/Equity	22.88	18.95	15.48	12.32	10.14
Long-Term Debt / Total Capital	15.54	13.51	11.56	9.01	7.24
Total Liabilities / Total Assets	48.22	52.44	50.35	45.4	48.98
EBIT / Interest Expense	-3.05	10.14	27.71	15.73	22.8
EBITDA / Interest Expense	3.86	16.71	33.93	23.93	28.06
(EBITDA - Capex) / Interest Expense	-0.48	13.69	31	19.9	17.72
Total Debt / EBITDA	21.68	4.46	2.13	3.39	2.65
Net Debt / EBITDA	0.97	0.15	-0.04	0.19	0.79
Total Debt / (EBITDA - Capex)	-175.6	5.44	2.33	4.08	4.2
Net Debt / (EBITDA - Capex)	-7.85	0.18	-0.05	0.22	1.25
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-11.48	20.52	24.9	-8.72	19.3
Gross Profit, 1 Yr. Growth %	-26.7	49.21	40.62	-12.78	27.34
EBITDA, 1 Yr. Growth %	-70.06	333.33	98.15	-29.48	54.43
EBITA, 1 Yr. Growth %	-145.71	-432.81	166.67	-43.22	90.85
EBIT, 1 Yr. Growth %	-145.71	-432.81	166.67	-43.22	90.85
Earnings From Cont. Operations, 1 Yr. Growth %	-140	-434.04	133.44	-42.02	56.71
Net Income, 1 Yr. Growth %	-140	-434.04	133.44	-42.02	56.71
Normalized Net Income, 1 Yr. Growth %	-156.39	-372.67	169.93	-40.94	82.21
Diluted EPS Before Extra, 1 Yr. Growth %	-140	-434.06	133.47	-42.01	56.71
Accounts Receivable, 1 Yr. Growth %	4.13	68.15	13.8	-23.92	27.71
Inventory, 1 Yr. Growth %	-7.67	9.88	16.44	6.68	44.07
Net Property, Plant and Equip., 1 Yr. Growth %	-6.41	-11.62	-3.52	3.85	1.17
Total Assets, 1 Yr. Growth %	-2.71	13.55	7.63	-5.57	18.27
Tangible Book Value, 1 Yr. Growth %	-1.74	4.35	12.41	3.91	10.57
Common Equity, 1 Yr. Growth %	-1.57	4.29	12.35	3.85	10.51
Cash From Operations, 1 Yr. Growth %	-94.15	-457.75	-244.09	15.57	-242.08
Capital Expenditures, 1 Yr. Growth %	-62	-30.22	-5.51	37.5	238.18
Levered Free Cash Flow, 1 Yr. Growth %	-134.01	49.62	-119.88	132.79	-1.08K
Unlevered Free Cash Flow, 1 Yr. Growth %	-129.07	55.92	-129.43	96.97	-930.79
Dividend Per Share, 1 Yr. Growth %	-50	100	140	8.33	53.85
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-21.37	3.28	22.69	6.77	4.35
Gross Profit, 2 Yr. CAGR %	-32.26	4.58	44.85	10.75	5.39
EBITDA, 2 Yr. CAGR %	-66.09	13.91	193.03	18.21	4.36
EBITA, 2 Yr. CAGR %	-66.46	23.35	197.91	23.05	4.1
EBIT, 2 Yr. CAGR %	-66.46	23.35	197.91	23.05	4.1
Earnings From Cont. Operations, 2 Yr. CAGR %	-62.68	15.59	179.25	16.34	-4.68
Net Income, 2 Yr. CAGR %	-62.68	15.59	179.25	16.34	-4.68
Normalized Net Income, 2 Yr. CAGR %	-63.12	24	171.29	26.26	3.73
Diluted EPS Before Extra, 2 Yr. CAGR %	-62.68	15.6	179.27	16.35	-4.68
Accounts Receivable, 2 Yr. CAGR %	-20.19	32.32	38.33	-6.95	-1.43
Inventory, 2 Yr. CAGR %	-7.05	0.73	13.11	11.45	23.97
Net Property, Plant and Equip., 2 Yr. CAGR %	-0.01	-9.05	-7.66	0.1	2.5
Total Assets, 2 Yr. CAGR %	-4.79	5.11	10.55	0.81	5.68
Tangible Book Value, 2 Yr. CAGR %	1.45	1.26	8.31	8.08	7.19
Common Equity, 2 Yr. CAGR %	1.55	1.31	8.24	8.02	7.13
Cash From Operations, 2 Yr. CAGR %	-73.91	-54.26	127.04	29.05	28.14
Capital Expenditures, 2 Yr. CAGR %	-44.08	-48.51	-18.8	13.98	115.64
Levered Free Cash Flow, 2 Yr. CAGR %	-34.24	-28.66	-45.46	-31.97	378.49
Unlevered Free Cash Flow, 2 Yr. CAGR %	-39.54	-32.67	-32.26	-23.86	304.53
Dividend Per Share, 2 Yr. CAGR %	-40.24	0	119.09	61.25	29.1
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-5.31	-9.34	10.04	11.17	10.79
Gross Profit, 3 Yr. CAGR %	-18.42	-11.86	15.43	22.32	16.02
EBITDA, 3 Yr. CAGR %	-45.27	-20.72	37	82.27	29.23
EBITA, 3 Yr. CAGR %	-43.95	-27.93	59.49	71.44	42.43
EBIT, 3 Yr. CAGR %	-43.95	-27.93	59.49	71.44	42.43
Earnings From Cont. Operations, 3 Yr. CAGR %	-39.62	-22.52	46.11	65.36	28.48
Net Income, 3 Yr. CAGR %	-39.62	-22.52	46.11	65.36	28.48
Normalized Net Income, 3 Yr. CAGR %	-40.04	-28.16	60.7	63.2	42.68
Diluted EPS Before Extra, 3 Yr. CAGR %	-39.56	-22.51	46.12	65.37	28.49
Accounts Receivable, 3 Yr. CAGR %	-9.2	2.31	25.83	13.34	3.41
Inventory, 3 Yr. CAGR %	0	-1.72	5.71	10.93	21.41
Net Property, Plant and Equip., 3 Yr. CAGR %	2.9	-4.04	-7.24	-3.97	0.46
Total Assets, 3 Yr. CAGR %	1.26	0.97	5.94	4.89	6.32
Tangible Book Value, 3 Yr. CAGR %	3.97	2.41	4.85	6.82	8.9
Common Equity, 3 Yr. CAGR %	4.02	2.45	4.87	6.76	8.84
Cash From Operations, 3 Yr. CAGR %	-42.06	-37.55	-32.95	81.28	33.25
Capital Expenditures, 3 Yr. CAGR %	-10.87	-39.8	-36.96	-3.22	63.79
Levered Free Cash Flow, 3 Yr. CAGR %	7.81	-13.51	-53.4	-11.53	65.72
Unlevered Free Cash Flow, 3 Yr. CAGR %	-1.62	-17.09	-48.9	-3.31	68.88
Dividend Per Share, 3 Yr. CAGR %	-20.63	-10.61	33.89	73.25	58.74
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-1.99	0.57	5.03	-3.21	7.73
Gross Profit, 5 Yr. CAGR %	-11.6	-4.07	2.64	-3.43	11.3
EBITDA, 5 Yr. CAGR %	-32.52	-8.08	7.08	-6.99	22.87
EBITA, 5 Yr. CAGR %	-32.99	-11.91	9.34	-10.73	34.47
EBIT, 5 Yr. CAGR %	-32.99	-11.91	9.34	-10.73	34.47
Earnings From Cont. Operations, 5 Yr. CAGR %	-30.17	-11.15	11.41	-8.84	23.16
Net Income, 5 Yr. CAGR %	-30.17	-11.15	11.41	-8.84	23.16
Normalized Net Income, 5 Yr. CAGR %	-30.27	-12.71	9.67	-9.98	34.89
Diluted EPS Before Extra, 5 Yr. CAGR %	-29.93	-10.85	11.48	-8.83	23.17
Accounts Receivable, 5 Yr. CAGR %	-3.01	6.78	7.45	-1.5	14.12
Inventory, 5 Yr. CAGR %	1.39	3.24	5.05	3.35	12.67
Net Property, Plant and Equip., 5 Yr. CAGR %	1.89	-0.53	-1.46	-2.41	-3.46
Total Assets, 5 Yr. CAGR %	1.99	4.25	4.88	0.91	5.84
Tangible Book Value, 5 Yr. CAGR %	4.67	4	5.68	4.64	5.78
Common Equity, 5 Yr. CAGR %	4.69	4.02	5.69	4.64	5.77
Cash From Operations, 5 Yr. CAGR %	-30.25	-14.38	0.05	-16.51	-13.12
Capital Expenditures, 5 Yr. CAGR %	9.62	-19.34	-14.13	-22.28	3.1
Levered Free Cash Flow, 5 Yr. CAGR %	-9.63	56.75	-17.91	-21.43	18.29
Unlevered Free Cash Flow, 5 Yr. CAGR %	-13.15	37	-15.26	-19.86	16.9
Dividend Per Share, 5 Yr. CAGR %	-12.94	0	19.14	13.18	31.95