Income Statement Teac Corporation

Stocks

6803

JP3539200000

Computer Hardware

Market Closed - Japan Exchange 02:30:00 2026-08-28 EDT			5-day change	1st Jan Change
99.00 ^JPY	-1.00%		-1.00%	+7.61%

01-05	Teac Corporation announces Annual dividend, payable on June 27, 2026	CI
24-07-16	TEAC Corporation Starts Business Collaboration with Forthcode for Integrated Retail Systems in Aviation	CI

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Published financial data: TEAC CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Revenues	16B	15.7B	15.67B	15.67B	15.94B
Total Revenues	16B	15.7B	15.67B	15.67B	15.94B
Cost of Goods Sold, Total	9.23B	8.83B	8.66B	8.87B	9.1B
Gross Profit	6.77B	6.87B	7.01B	6.8B	6.84B
Selling General & Admin Expenses, Total	6.13B	6.36B	6.58B	6.41B	6.45B
Other Operating Expenses	-8M	-57M	-19M	44M	-280M
Other Operating Expenses, Total	6.12B	6.31B	6.56B	6.46B	6.17B
Operating Income	653M	563M	445M	339M	675M
Interest Expense, Total	-97M	-108M	-160M	-115M	-102M
Interest And Investment Income	3M	6M	9M	7M	7M
Net Interest Expenses	-94M	-102M	-151M	-108M	-95M
Currency Exchange Gains (Loss)	-19M	-52M	-222M	-90M	85M
Other Non Operating Income (Expenses)	-58M	-68M	-67M	-82M	-53M
EBT, Excl. Unusual Items	482M	341M	5M	59M	612M
EBT, Incl. Unusual Items	482M	341M	5M	59M	612M
Income Tax Expense	90M	36M	58M	-22M	34M
Earnings From Continuing Operations	392M	305M	-53M	81M	578M
Net Income to Company	392M	305M	-53M	81M	578M
Minority Interest	-	-	-	-	-
Net Income - (IS)	392M	305M	-53M	81M	578M
Net Income to Common Incl Extra Items	392M	305M	-53M	81M	578M
Net Income to Common Excl. Extra Items	392M	305M	-53M	81M	578M
Per Share Items
Net EPS - Basic	13.61	10.59	-1.84	2.81	20.07
Basic EPS - Continuing Operations	13.61	10.59	-1.84	2.81	20.07
Basic Weighted Average Shares Outstanding	28.81M	28.81M	28.8M	28.8M	28.8M
Net EPS - Diluted	13.61	10.59	-1.84	2.81	20.07
Diluted EPS - Continuing Operations	13.61	10.59	-1.84	2.81	20.07
Diluted Weighted Average Shares Outstanding	28.81M	28.81M	28.8M	28.8M	28.8M
Normalized Basic EPS	10.46	7.4	0.11	1.28	13.28
Normalized Diluted EPS	10.46	7.4	0.11	1.28	13.28
Dividend Per Share	-	1	1	1	1
Payout Ratio	-	-	-54.72	35.8	5.02
Supplemental Items
EBITDA	1.14B	1.04B	931M	833M	1.19B
EBITA	653M	563M	445M	339M	675M
EBIT	653M	563M	445M	339M	675M
Effective Tax Rate - (Ratio)	18.67	10.56	1.16K	-37.29	5.56
Normalized Net Income	301M	213M	3.12M	36.88M	382M
Non-Cash Pension Expense	0	0	0	-1M	-2M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	1.15B	1.15B	1.16B	1.22B	1.24B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	1.3B	1.2B	1.23B	1.55B	2.17B
Total Cash And Short Term Investments	1.3B	1.2B	1.23B	1.55B	2.17B
Accounts Receivable, Total	3.15B	2.92B	3.52B	3.11B	2.75B
Total Receivables	3.15B	2.92B	3.52B	3.11B	2.75B
Inventory	3.4B	3.86B	4.21B	3.66B	3.28B
Other Current Assets, Total	352M	368M	328M	247M	252M
Total Current Assets	8.21B	8.35B	9.29B	8.57B	8.45B
Net Property Plant And Equipment	1.51B	2.23B	2.21B	1.85B	1.67B
Long-term Investments	195M	195M	251M	268M	338M
Other Intangibles, Total	147M	143M	107M	115M	110M
Deferred Tax Assets Long-Term	15M	36M	15M	11M	24M
Other Long-Term Assets, Total	1M	-	1M	0	-
Total Assets	10.08B	10.96B	11.87B	10.82B	10.59B
Liabilities
Accounts Payable, Total	1.46B	1.28B	1.5B	1.02B	912M
Accrued Expenses, Total	269M	288M	218M	241M	313M
Short-term Borrowings	2.31B	1.78B	1.22B	2.09B	2.16B
Current Portion of Long-Term Debt	155M	267M	885M	478M	405M
Current Portion of Leases	312M	448M	367M	373M	304M
Current Income Taxes Payable	44M	21M	22M	13M	31M
Other Current Liabilities	1.3B	1.24B	1.21B	1.34B	1.4B
Total Current Liabilities	5.85B	5.32B	5.43B	5.56B	5.53B
Long-Term Debt	619M	1.08B	1.48B	796M	409M
Long-Term Leases	68M	685M	792M	477M	295M
Pension & Other Post Retirement Benefits	76M	-	-	-	-
Deferred Tax Liability Non Current	16M	19M	17M	22M	37M
Other Non Current Liabilities	982M	743M	576M	405M	256M
Total Liabilities	7.61B	7.85B	8.3B	7.26B	6.52B
Common Stock, Total	3.5B	3.5B	3.5B	3.5B	3.5B
Additional Paid In Capital	11M	11M	11M	11M	11M
Retained Earnings	-1.62B	-1.24B	-1.25B	-1.22B	-631M
Treasury Stock	-123M	-122M	-122M	-122M	-122M
Comprehensive Income and Other	701M	959M	1.43B	1.39B	1.31B
Total Common Equity	2.47B	3.11B	3.57B	3.56B	4.07B
Minority Interest	-	-	-	-	-
Total Equity	2.47B	3.11B	3.57B	3.56B	4.07B
Total Liabilities And Equity	10.08B	10.96B	11.87B	10.82B	10.59B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	28.8M	28.81M	28.8M	28.8M	28.8M
ECS Total Common Shares Outstanding	28.8M	28.81M	28.8M	28.8M	28.8M
Book Value / Share	85.71	108.03	124.08	123.53	141.31
Tangible Book Value	2.32B	2.97B	3.47B	3.44B	3.96B
Tangible Book Value Per Share	80.6	103.07	120.36	119.54	137.49
Total Debt	3.47B	4.26B	4.75B	4.21B	3.58B
Net Debt	2.16B	3.06B	3.52B	2.66B	1.4B
Debt Equivalent of Unfunded Proj. Benefit Obligation	63M	-22M	-92M	-108M	-175M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Inventories - Work In Process, Total	1.62B	1.67B	1.86B	1.67B	1.43B
Inventories - Finished Goods, Total	1.78B	2.2B	2.35B	1.99B	1.84B
Inventories - Others	1M	-	-1M	-	-
Full Time Employees	591	618	571	547	524
Accumulated Allowance for Doubtful Accounts (Supple)	29M	26M	6M	5M	17M

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Net Income	392M	305M	-53M	81M	578M
Depreciation & Amortization - CF	487M	474M	486M	494M	513M
Depreciation & Amortization, Total	487M	474M	486M	494M	513M
(Gain) Loss From Sale Of Asset	16M	-	-	54M	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-321M
Other Operating Activities, Total	-7M	-42M	187M	88M	32M
Change In Accounts Receivable	-268M	387M	-402M	269M	400M
Change In Inventories	-758M	-280M	-45M	509M	562M
Change In Accounts Payable	-17M	-229M	187M	-486M	-134M
Change in Other Net Operating Assets	2M	-321M	-244M	169M	-20M
Cash from Operations	-153M	294M	116M	1.18B	1.61B
Capital Expenditure	-149M	-114M	-106M	-117M	-151M
Sale of Property, Plant, and Equipment	6M	11M	1M	2M	2M
Investment in Marketable and Equity Securities, Total	-	1M	-	-	-
Other Investing Activities, Total	7M	0	-1M	0	-1M
Cash from Investing	-136M	-102M	-106M	-115M	-150M
Short Term Debt Issued, Total	-	-	-	815M	28M
Long-Term Debt Issued, Total	471M	775M	1.4B	-	-
Total Debt Issued	471M	775M	1.4B	815M	28M
Short Term Debt Repaid, Total	-276M	-537M	-504M	-	-
Long-Term Debt Repaid, Total	-131M	-200M	-569M	-1.12B	-478M
Total Debt Repaid	-407M	-737M	-1.07B	-1.12B	-478M
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-	-29M	-29M	-29M
Common & Preferred Stock Dividends Paid	-	-	-29M	-29M	-29M
Other Financing Activities, Total	-363M	-371M	-367M	-375M	-404M
Cash from Financing	-299M	-333M	-69M	-706M	-883M
Foreign Exchange Rate Adjustments	23M	33M	90M	-33M	46M
Miscellaneous Cash Flow Adjustments	-	-	-	1M	-1M
Net Change in Cash	-565M	-108M	31M	325M	622M
Supplemental Items
Cash Interest Paid	157M	159M	159M	121M	112M
Cash Income Tax Paid (Refund)	93M	93M	33M	12M	16M
Levered Free Cash Flow	-386M	148M	-215M	1.22B	1.5B
Unlevered Free Cash Flow	-325M	216M	-115M	1.29B	1.56B
Change In Net Working Capital	1.07B	496M	773M	-706M	-777M
Net Debt Issued / Repaid	64M	38M	327M	-302M	-450M

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Profitability
Return on Assets	4.14	3.34	2.44	1.87	3.94
Return on Total Capital	7.11	5.29	3.54	2.63	5.47
Return On Equity %	18.18	10.93	-1.59	2.27	15.15
Return on Common Equity	18.18	10.93	-1.59	2.27	15.15
Margin Analysis
Gross Profit Margin %	42.31	43.75	44.71	43.38	42.92
SG&A Margin	38.28	40.53	41.99	40.93	40.44
EBITDA Margin %	7.12	6.61	5.94	5.32	7.45
EBITA Margin %	4.08	3.59	2.84	2.16	4.23
EBIT Margin %	4.08	3.59	2.84	2.16	4.23
Income From Continuing Operations Margin %	2.45	1.94	-0.34	0.52	3.63
Net Income Margin %	2.45	1.94	-0.34	0.52	3.63
Net Avail. For Common Margin %	2.45	1.94	-0.34	0.52	3.63
Normalized Net Income Margin	1.88	1.36	0.02	0.24	2.4
Levered Free Cash Flow Margin	-2.41	0.95	-1.37	7.81	9.39
Unlevered Free Cash Flow Margin	-2.03	1.38	-0.73	8.26	9.79
Asset Turnover
Asset Turnover	1.62	1.49	1.37	1.38	1.49
Fixed Assets Turnover	9.63	8.38	7.05	7.71	9.04
Receivables Turnover (Average Receivables)	5.34	5.16	4.87	4.73	5.45
Inventory Turnover (Average Inventory)	3.15	2.43	2.15	2.25	2.62
Short Term Liquidity
Current Ratio	1.4	1.57	1.71	1.54	1.53
Quick Ratio	0.76	0.78	0.87	0.84	0.89
Operating Cash Flow to Current Liabilities	-0.03	0.06	0.02	0.21	0.29
Days Sales Outstanding (Average Receivables)	68.4	70.67	75.22	77.17	67.02
Days Outstanding Inventory (Average Inventory)	115.72	150.09	170.56	161.99	139.09
Average Days Payable Outstanding	52.09	53.8	56.52	55.46	40.54
Cash Conversion Cycle (Average Days)	132.03	166.96	189.26	183.7	165.57
Long Term Solvency
Total Debt/Equity	140.44	136.83	132.82	118.32	87.84
Total Debt / Total Capital	58.41	57.77	57.05	54.2	46.76
LT Debt/Equity	27.84	56.81	63.51	35.78	17.3
Long-Term Debt / Total Capital	11.58	23.99	27.28	16.39	9.21
Total Liabilities / Total Assets	75.52	71.6	69.89	67.1	61.58
EBIT / Interest Expense	6.73	5.21	2.78	2.95	6.62
EBITDA / Interest Expense	11.75	9.6	5.82	7.24	11.65
(EBITDA - Capex) / Interest Expense	10.22	8.55	5.16	6.23	10.17
Total Debt / EBITDA	3.04	4.11	5.1	5.05	3.01
Net Debt / EBITDA	1.9	2.95	3.78	3.19	1.18
Total Debt / (EBITDA - Capex)	3.5	4.61	5.75	5.88	3.45
Net Debt / (EBITDA - Capex)	2.18	3.32	4.27	3.71	1.35
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	9.7	-1.91	-0.17	-0.03	1.76
Gross Profit, 1 Yr. Growth %	8.21	1.43	2.01	-3.01	0.68
EBITDA, 1 Yr. Growth %	7.45	-9.04	-10.22	-10.53	42.62
EBITA, 1 Yr. Growth %	28.29	-13.78	-20.96	-23.82	99.12
EBIT, 1 Yr. Growth %	28.29	-13.78	-20.96	-23.82	99.12
Earnings From Cont. Operations, 1 Yr. Growth %	37.06	-22.19	-117.38	-252.83	613.58
Net Income, 1 Yr. Growth %	30.23	-22.19	-117.38	-252.83	613.58
Normalized Net Income, 1 Yr. Growth %	31.69	-29.25	-98.53	1.08K	937.29
Diluted EPS Before Extra, 1 Yr. Growth %	30.24	-22.19	-117.38	-252.84	613.63
Accounts Receivable, 1 Yr. Growth %	10.9	-7.26	20.24	-11.63	-11.62
Inventory, 1 Yr. Growth %	38.55	13.59	9.11	-13.12	-10.54
Net Property, Plant and Equip., 1 Yr. Growth %	-16.41	47.59	-0.99	-16.19	-9.66
Total Assets, 1 Yr. Growth %	4.46	8.7	8.33	-8.9	-2.05
Tangible Book Value, 1 Yr. Growth %	35.02	27.92	16.77	-0.69	15.02
Common Equity, 1 Yr. Growth %	33.84	26.09	14.85	-0.45	14.39
Cash From Operations, 1 Yr. Growth %	-117.67	-292.16	-60.54	915.52	36.67
Capital Expenditures, 1 Yr. Growth %	-11.83	-23.49	-7.02	10.38	29.06
Levered Free Cash Flow, 1 Yr. Growth %	-135.99	-138.49	-244.82	-669.17	22.41
Unlevered Free Cash Flow, 1 Yr. Growth %	-128.22	-166.45	-153.21	-1.23K	20.54
Dividend Per Share, 1 Yr. Growth %	-	-	0	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.18	3.73	-1.04	-0.1	0.86
Gross Profit, 2 Yr. CAGR %	2.28	4.77	1.72	-0.53	-1.18
EBITDA, 2 Yr. CAGR %	15.74	-1.14	-9.63	-10.37	12.96
EBITA, 2 Yr. CAGR %	51.1	5.17	-17.45	-22.4	23.16
EBIT, 2 Yr. CAGR %	51.1	5.17	-17.45	-22.4	23.16
Earnings From Cont. Operations, 2 Yr. CAGR %	250	3.27	-63.23	-48.47	230.24
Net Income, 2 Yr. CAGR %	281.03	0.66	-63.23	-48.47	230.24
Normalized Net Income, 2 Yr. CAGR %	181.1	-3.48	-89.82	-58.4	1.01K
Diluted EPS Before Extra, 2 Yr. CAGR %	281.05	0.67	-63.23	-48.46	230.25
Accounts Receivable, 2 Yr. CAGR %	-1	1.41	5.6	3.08	-11.62
Inventory, 2 Yr. CAGR %	27.82	25.45	11.33	-2.64	-11.84
Net Property, Plant and Equip., 2 Yr. CAGR %	-15.1	11.07	20.89	-8.91	-12.99
Total Assets, 2 Yr. CAGR %	2.8	6.56	8.52	-0.65	-5.54
Tangible Book Value, 2 Yr. CAGR %	41.21	31.42	22.22	7.69	6.87
Common Equity, 2 Yr. CAGR %	36.58	29.91	20.34	6.93	6.71
Cash From Operations, 2 Yr. CAGR %	-1.6	-41.73	-12.93	100.17	272.55
Capital Expenditures, 2 Yr. CAGR %	-20.2	-17.87	-15.65	1.31	19.35
Levered Free Cash Flow, 2 Yr. CAGR %	8.04	-62.78	-25.34	187.1	163.96
Unlevered Free Cash Flow, 2 Yr. CAGR %	-11.81	-56.69	-40.54	144.91	268.61
Dividend Per Share, 2 Yr. CAGR %	-	-	-	0	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.68	2.11	2.42	-0.7	0.52
Gross Profit, 3 Yr. CAGR %	0.61	2	3.84	0.12	-0.13
EBITDA, 3 Yr. CAGR %	9.43	6.81	-4.26	-9.93	4.64
EBITA, 3 Yr. CAGR %	2.75	25.33	-4.38	-19.63	6.23
EBIT, 3 Yr. CAGR %	2.75	25.33	-4.38	-19.63	6.23
Earnings From Cont. Operations, 3 Yr. CAGR %	41.28	112.02	-42.99	-40.88	23.75
Net Income, 3 Yr. CAGR %	97.35	124.38	-43.95	-40.88	23.75
Normalized Net Income, 3 Yr. CAGR %	47.5	77.48	-76.09	-50.35	21.52
Diluted EPS Before Extra, 3 Yr. CAGR %	97.36	124.39	-43.95	-40.88	23.76
Accounts Receivable, 3 Yr. CAGR %	-1.15	-3.13	7.34	-0.49	-2.07
Inventory, 3 Yr. CAGR %	17.82	22.89	19.75	2.5	-5.35
Net Property, Plant and Equip., 3 Yr. CAGR %	3.98	2.08	6.9	6.99	-9.16
Total Assets, 3 Yr. CAGR %	2.67	4.73	7.14	2.37	-1.12
Tangible Book Value, 3 Yr. CAGR %	35.35	36.63	26.35	14.05	10.08
Common Equity, 3 Yr. CAGR %	29.18	32.99	24.68	12.97	9.36
Cash From Operations, 3 Yr. CAGR %	-21.31	23	-48.83	97.46	76.26
Capital Expenditures, 3 Yr. CAGR %	-13.09	-21.31	-14.4	-7.74	9.82
Levered Free Cash Flow, 3 Yr. CAGR %	-8.87	-23.41	-41.46	46.94	116.09
Unlevered Free Cash Flow, 3 Yr. CAGR %	-17.63	-19.75	-53.62	58.55	93.37
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-1.6	-1.6	-0.01	1.22	1.79
Gross Profit, 5 Yr. CAGR %	-1.01	-0.14	1.05	0.98	1.8
EBITDA, 5 Yr. CAGR %	9.69	9.83	1.36	-0.43	2.29
EBITA, 5 Yr. CAGR %	17.22	11.28	-5.86	3.46	5.81
EBIT, 5 Yr. CAGR %	17.22	11.28	-5.86	3.46	5.81
Earnings From Cont. Operations, 5 Yr. CAGR %	65.05	2.54	-17.54	20.41	15.11
Net Income, 5 Yr. CAGR %	49.78	4.14	0.77	24.57	13.94
Normalized Net Income, 5 Yr. CAGR %	64.51	3.15	-49.36	-0.66	10.83
Diluted EPS Before Extra, 5 Yr. CAGR %	49.79	4.15	0.78	24.58	13.94
Accounts Receivable, 5 Yr. CAGR %	-0.39	-4.2	1.5	-0.69	-0.69
Inventory, 5 Yr. CAGR %	1.24	11.36	15.18	11.96	5.94
Net Property, Plant and Equip., 5 Yr. CAGR %	1.25	10.64	10.44	-2.46	-1.55
Total Assets, 5 Yr. CAGR %	-2.07	1.28	4.97	2.54	1.88
Tangible Book Value, 5 Yr. CAGR %	177.91	37.82	29.94	24.22	18.16
Common Equity, 5 Yr. CAGR %	34.01	30.41	25.57	21.88	17.16
Cash From Operations, 5 Yr. CAGR %	-26.27	89.6	-18.06	49.45	13.2
Capital Expenditures, 5 Yr. CAGR %	-7.75	-10.18	-14.13	-12.94	-2.23
Levered Free Cash Flow, 5 Yr. CAGR %	-18.31	-29.15	-15.85	29.93	6.93
Unlevered Free Cash Flow, 5 Yr. CAGR %	-21.97	-24.84	-27.69	25.39	6.28