Income Statement TKC Corporation

Stocks

9746

JP3539400006

Business Support Services

Delayed Japan Exchange 20:27:14 2026-09-06 EDT			5-day change	1st Jan Change
4,100.00 ^JPY	-1.44%		-0.85%	-4.76%

08-07	TKC Corporation Revises Consolidated and Non Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2026	CI
08-07	TKC Corporation Revises Year-End Dividend Guidance for the Fiscal Year Ending September 30, 2026	CI

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Published financial data: TKC CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)
Revenues	66.22B	67.84B	71.92B	75.22B	83.48B
Total Revenues	66.22B	67.84B	71.92B	75.22B	83.48B
Cost of Goods Sold, Total	19.32B	19.91B	21.47B	21.57B	26.87B
Gross Profit	46.9B	47.93B	50.44B	53.65B	56.61B
Selling General & Admin Expenses, Total	33.86B	33.88B	35.45B	37.44B	39.72B
R&D Expenses	-	-	-	-	-
Depreciation & Amortization - (IS)	723M	700M	648M	697M	739M
Other Operating Expenses, Total	34.59B	34.58B	36.1B	38.14B	40.46B
Operating Income	12.32B	13.35B	14.34B	15.51B	16.14B
Interest Expense, Total	-	-1M	-1M	-	-
Interest And Investment Income	201M	246M	261M	312M	390M
Net Interest Expenses	201M	245M	260M	312M	390M
Income (Loss) On Equity Invest.	-	3M	55M	37M	24M
Other Non Operating Income (Expenses)	156M	77M	117M	178M	32M
EBT, Excl. Unusual Items	12.67B	13.68B	14.77B	16.03B	16.59B
Gain (Loss) On Sale Of Investments	-89M	-	365M	14M	148M
Gain (Loss) On Sale Of Assets	89M	3M	1M	1M	-12M
Asset Writedown	-23M	-30M	-19M	-40M	-47M
Other Unusual Items	10M	-	16M	-1M	-1M
EBT, Incl. Unusual Items	12.66B	13.65B	15.13B	16.01B	16.68B
Income Tax Expense	3.97B	4.33B	4.31B	4.73B	4.58B
Earnings From Continuing Operations	8.69B	9.32B	10.83B	11.27B	12.09B
Net Income to Company	8.69B	9.32B	10.83B	11.27B	12.09B
Minority Interest	-	-	-	-	-
Net Income - (IS)	8.69B	9.32B	10.83B	11.27B	12.09B
Net Income to Common Incl Extra Items	8.69B	9.32B	10.83B	11.27B	12.09B
Net Income to Common Excl. Extra Items	8.69B	9.32B	10.83B	11.27B	12.09B
Per Share Items
Net EPS - Basic	164.92	177.63	206.53	216.2	234.29
Basic EPS - Continuing Operations	164.92	177.63	206.53	216.2	234.29
Basic Weighted Average Shares Outstanding	52.67M	52.45M	52.42M	52.15M	51.62M
Net EPS - Diluted	164.92	177.63	206.53	216.2	234.29
Diluted EPS - Continuing Operations	164.92	177.63	206.53	216.2	234.29
Diluted Weighted Average Shares Outstanding	52.67M	52.45M	52.42M	52.15M	51.62M
Normalized Basic EPS	150.37	162.96	176.12	192.17	200.86
Normalized Diluted EPS	150.37	162.96	176.12	192.17	200.86
Dividend Per Share	65	72	78	90	100
Payout Ratio	39.71	42.71	39.35	44.52	45.06
Supplemental Items
EBITDA	15.26B	16.4B	17.87B	19.02B	20.64B
EBITA	12.32B	13.35B	14.34B	15.51B	16.14B
EBIT	12.32B	13.35B	14.34B	15.51B	16.14B
EBITDAR	17.7B	18.94B	20.38B	21.61B	23.49B
Effective Tax Rate - (Ratio)	31.38	31.74	28.47	29.57	27.48
Normalized Net Income	7.92B	8.55B	9.23B	10.02B	10.37B
Non-Cash Pension Expense	247M	346M	393M	-556M	149M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	2.44B	2.54B	2.51B	2.59B	2.84B
Imputed Operating Lease Interest Expense	-	15.39M	20.08M	-	-
Imputed Operating Lease Depreciation	-	2.53B	2.49B	-	-

Fiscal Period: September	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)
Assets
Cash And Equivalents	26.43B	29.92B	32.09B	33.7B	36.88B
Total Cash And Short Term Investments	26.43B	29.92B	32.09B	33.7B	36.88B
Accounts Receivable, Total	7.34B	8.28B	8.52B	9.71B	11.74B
Total Receivables	7.34B	8.28B	8.52B	9.71B	11.74B
Inventory	411M	493M	424M	541M	683M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	1.93B	2.02B	2.14B	2.72B	3.21B
Total Current Assets	36.11B	40.72B	43.17B	46.67B	52.51B
Net Property Plant And Equipment	17.54B	17.15B	17.31B	17.09B	16.97B
Long-term Investments	38.82B	38.59B	42.66B	45.34B	46.18B
Other Intangibles, Total	3.6B	4.67B	5.81B	8.06B	7.38B
Loans Receivable Long-Term	120M	65M	19M	9M	8M
Deferred Tax Assets Long-Term	7.21B	8.03B	7.38B	7.7B	6.75B
Other Long-Term Assets, Total	2M	2M	1M	3M	2M
Total Assets	103B	109B	116B	125B	130B
Liabilities
Accounts Payable, Total	3.24B	3.77B	3.48B	3.86B	4.25B
Accrued Expenses, Total	4.07B	4.95B	4.81B	6.24B	5.31B
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	80M	71M	71M	71M	-
Current Portion of Leases	468M	492M	283M	156M	96M
Current Income Taxes Payable	4.78B	6.17B	5.6B	6.71B	6.15B
Other Current Liabilities	2.09B	2.22B	2.56B	2.31B	2.54B
Total Current Liabilities	14.72B	17.68B	16.8B	19.35B	18.35B
Long-Term Debt	214M	142M	71M	-	-
Long-Term Leases	694M	481M	391M	244M	148M
Pension & Other Post Retirement Benefits	3.55B	2.81B	2.96B	2.25B	1.88B
Other Non Current Liabilities	807M	791M	834M	864M	948M
Total Liabilities	19.99B	21.9B	21.05B	22.71B	21.32B
Common Stock, Total	5.7B	5.7B	5.7B	5.7B	5.7B
Additional Paid In Capital	6.59B	6.59B	6.29B	6.29B	6.29B
Retained Earnings	73.41B	78.74B	84.89B	91.14B	94.95B
Treasury Stock	-1.35B	-2.36B	-2.6B	-2.61B	-3.06B
Comprehensive Income and Other	-932M	-1.35B	1.04B	1.66B	4.62B
Total Common Equity	83.42B	87.33B	95.31B	102B	108B
Minority Interest	-	-	-	-	-
Total Equity	83.42B	87.33B	95.31B	102B	108B
Total Liabilities And Equity	103B	109B	116B	125B	130B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	52.41M	52.43M	52.15M	52.15M	51.29M
ECS Total Common Shares Outstanding	52.71M	52.43M	52.15M	52.15M	51.29M
Book Value / Share	1.58K	1.67K	1.83K	1.96K	2.12K
Tangible Book Value	79.81B	82.66B	89.49B	94.11B	101B
Tangible Book Value Per Share	1.51K	1.58K	1.72K	1.8K	1.97K
Total Debt	1.46B	1.19B	816M	471M	244M
Net Debt	-24.97B	-28.73B	-31.28B	-33.23B	-36.64B
Debt Equivalent of Unfunded Proj. Benefit Obligation	3.55B	2.81B	2.96B	2.25B	1.88B
Debt Equivalent Oper. Leases	19.55B	20.33B	20.1B	20.69B	22.75B
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Inventories - Raw Materials, Total	138M	146M	137M	156M	160M
Inventories - Work In Process, Total	51M	69M	41M	39M	55M
Inventories - Finished Goods, Total	222M	278M	246M	346M	468M
Full Time Employees	2.85K	2.88K	2.9K	2.92K	2.96K
Accumulated Allowance for Doubtful Accounts (Supple)	14M	12M	19M	20M	28M

Fiscal Period: September	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)
Net Income	12.66B	13.65B	15.14B	16.01B	16.68B
Depreciation & Amortization - CF	2.94B	3.05B	3.53B	3.52B	4.5B
Depreciation & Amortization, Total	2.94B	3.05B	3.53B	3.52B	4.5B
(Gain) Loss From Sale Of Asset	-66M	28M	18M	39M	58M
(Gain) Loss on Sale of Investments - (CF)	89M	-	-	-14M	-148M
(Income) Loss On Equity Investments - (CF)	-	-3M	-55M	-37M	-24M
Other Operating Activities, Total	-4.48B	-4.08B	-5.42B	-4.57B	-5.61B
Change In Accounts Receivable	159M	-1.18B	-566M	-1.33B	-2.04B
Change In Inventories	31M	-82M	69M	-117M	-140M
Change In Accounts Payable	-608M	501M	-430M	356M	295M
Change in Other Net Operating Assets	-177M	1.17B	782M	-1.06B	-1.08B
Cash from Operations	10.55B	13.05B	13.07B	12.8B	12.49B
Capital Expenditure	-1.42B	-760M	-1.67B	-1.45B	-1.43B
Sale of Property, Plant, and Equipment	201M	6M	1M	1M	39M
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-1.89B	-2.57B	-3.12B	-4.07B	-2.13B
Investment in Marketable and Equity Securities, Total	-4.1B	-1.01B	-1.16B	-430M	3.21B
Net (Increase) Decrease in Loans Originated / Sold - Investing	12M	43M	57M	69M	1M
Other Investing Activities, Total	-2M	-44M	34M	-88M	-52M
Cash from Investing	-7.2B	-4.34B	-5.86B	-5.96B	-360M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-142M	-80M	-71M	-71M	-71M
Total Debt Repaid	-142M	-80M	-71M	-71M	-71M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-6M	-1.04B	-1.09B	-6M	-3.3B
Common Dividends Paid	-3.45B	-3.98B	-4.26B	-5.02B	-5.45B
Common & Preferred Stock Dividends Paid	-3.45B	-3.98B	-4.26B	-5.02B	-5.45B
Other Financing Activities, Total	-94M	-120M	-150M	-132M	-120M
Cash from Financing	-3.69B	-5.21B	-5.57B	-5.23B	-8.94B
Miscellaneous Cash Flow Adjustments	-	-1M	537M	-	-1M
Net Change in Cash	-342M	3.49B	2.17B	1.6B	3.18B
Supplemental Items
Cash Interest Paid	-	1M	1M	-	-
Cash Income Tax Paid (Refund)	4.52B	4.06B	5.42B	4.58B	5.57B
Levered Free Cash Flow	6.86B	9.89B	6.75B	8.47B	7.51B
Unlevered Free Cash Flow	6.86B	9.89B	6.75B	8.47B	7.51B
Change In Net Working Capital	470M	-1.83B	958M	-782M	3.52B
Net Debt Issued / Repaid	-142M	-80M	-71M	-71M	-71M

Fiscal Period: September	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)
Profitability
Return on Assets	7.66	7.85	7.95	8.04	7.92
Return on Total Capital	9.39	9.63	9.71	9.75	9.55
Return On Equity %	10.82	10.91	11.86	11.42	11.48
Return on Common Equity	10.82	10.91	11.86	11.42	11.48
Margin Analysis
Gross Profit Margin %	70.83	70.65	70.14	71.32	67.81
SG&A Margin	51.14	49.94	49.3	49.78	47.59
EBITDA Margin %	23.04	24.18	24.85	25.29	24.73
EBITA Margin %	18.6	19.68	19.94	20.62	19.34
EBIT Margin %	18.6	19.68	19.94	20.62	19.34
Income From Continuing Operations Margin %	13.12	13.73	15.05	14.99	14.49
Net Income Margin %	13.12	13.73	15.05	14.99	14.49
Net Avail. For Common Margin %	13.12	13.73	15.05	14.99	14.49
Normalized Net Income Margin	11.96	12.6	12.84	13.32	12.42
Levered Free Cash Flow Margin	10.37	14.58	9.38	11.27	9
Unlevered Free Cash Flow Margin	10.37	14.58	9.38	11.27	9
Asset Turnover
Asset Turnover	0.66	0.64	0.64	0.62	0.66
Fixed Assets Turnover	3.75	3.91	4.17	4.37	4.9
Receivables Turnover (Average Receivables)	8.97	8.69	8.56	8.25	7.78
Inventory Turnover (Average Inventory)	34.1	44.05	46.84	44.71	43.9
Short Term Liquidity
Current Ratio	2.45	2.3	2.57	2.41	2.86
Quick Ratio	2.29	2.16	2.42	2.24	2.65
Operating Cash Flow to Current Liabilities	0.72	0.74	0.78	0.66	0.68
Days Sales Outstanding (Average Receivables)	40.7	42.02	42.62	44.35	46.89
Days Outstanding Inventory (Average Inventory)	10.7	8.29	7.79	8.19	8.31
Average Days Payable Outstanding	59.71	63.98	61.81	61.94	54.83
Cash Conversion Cycle (Average Days)	-8.3	-13.67	-11.4	-9.41	0.37
Long Term Solvency
Total Debt/Equity	1.75	1.36	0.86	0.46	0.22
Total Debt / Total Capital	1.72	1.34	0.85	0.46	0.22
LT Debt/Equity	1.09	0.71	0.48	0.24	0.14
Long-Term Debt / Total Capital	1.07	0.7	0.48	0.24	0.14
Total Liabilities / Total Assets	19.33	20.05	18.09	18.18	16.42
EBIT / Interest Expense	-	13.35K	14.34K	-	-
EBITDA / Interest Expense	-	16.4K	17.87K	-	-
(EBITDA - Capex) / Interest Expense	-	15.64K	16.2K	-	-
Total Debt / EBITDA	0.1	0.07	0.05	0.02	0.01
Net Debt / EBITDA	-1.64	-1.75	-1.75	-1.75	-1.77
Total Debt / (EBITDA - Capex)	0.11	0.08	0.05	0.03	0.01
Net Debt / (EBITDA - Capex)	-1.8	-1.84	-1.93	-1.89	-1.91
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-2.35	2.44	6.01	4.59	10.98
Gross Profit, 1 Yr. Growth %	3.89	2.19	5.24	6.36	5.52
EBITDA, 1 Yr. Growth %	5.6	7.48	8.97	6.45	8.52
EBITA, 1 Yr. Growth %	8.21	8.41	7.4	8.15	4.1
EBIT, 1 Yr. Growth %	8.21	8.41	7.4	8.15	4.1
Earnings From Cont. Operations, 1 Yr. Growth %	11.34	7.26	16.2	4.14	7.27
Net Income, 1 Yr. Growth %	11.06	7.26	16.2	4.14	7.27
Normalized Net Income, 1 Yr. Growth %	8.15	7.92	8.01	8.55	3.46
Diluted EPS Before Extra, 1 Yr. Growth %	10.83	7.71	16.27	4.68	8.37
Accounts Receivable, 1 Yr. Growth %	-1.13	12.73	2.89	14.02	20.85
Inventory, 1 Yr. Growth %	-43.07	19.95	-14	27.59	26.25
Net Property, Plant and Equip., 1 Yr. Growth %	-1.43	-2.21	0.9	-1.24	-0.71
Total Assets, 1 Yr. Growth %	5.87	5.63	6.53	7.33	3.95
Tangible Book Value, 1 Yr. Growth %	7.92	3.57	8.27	5.16	7.44
Common Equity, 1 Yr. Growth %	8.23	4.69	9.14	7.21	6.19
Cash From Operations, 1 Yr. Growth %	-0.18	23.7	0.13	-2.07	-2.42
Capital Expenditures, 1 Yr. Growth %	-18.3	-46.48	119.87	-13.23	-1.45
Levered Free Cash Flow, 1 Yr. Growth %	-10.91	44.06	-31.79	25.62	-11.37
Unlevered Free Cash Flow, 1 Yr. Growth %	-10.92	44.07	-31.78	25.61	-11.37
Dividend Per Share, 1 Yr. Growth %	8.33	10.77	8.33	15.38	11.11
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	0.08	0.02	4.21	5.3	7.74
Gross Profit, 2 Yr. CAGR %	4.08	3.03	3.7	5.8	5.94
EBITDA, 2 Yr. CAGR %	11.15	6.53	8.22	7.7	7.48
EBITA, 2 Yr. CAGR %	14.78	8.31	7.91	7.77	6.1
EBIT, 2 Yr. CAGR %	14.78	8.31	7.91	7.77	6.1
Earnings From Cont. Operations, 2 Yr. CAGR %	13.15	9.29	11.64	10	5.69
Net Income, 2 Yr. CAGR %	13.68	9.15	11.64	10	5.69
Normalized Net Income, 2 Yr. CAGR %	15.08	8.04	7.96	8.28	5.98
Diluted EPS Before Extra, 2 Yr. CAGR %	13.73	9.26	11.91	10.32	6.51
Accounts Receivable, 2 Yr. CAGR %	-10.45	5.57	7.7	8.31	17.39
Inventory, 2 Yr. CAGR %	-38.57	-17.37	1.57	4.76	26.92
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.18	-1.82	-0.66	-0.17	-0.97
Total Assets, 2 Yr. CAGR %	3.26	5.75	6.08	6.93	5.63
Tangible Book Value, 2 Yr. CAGR %	8.08	5.72	5.89	6.7	6.29
Common Equity, 2 Yr. CAGR %	7.92	6.44	6.89	8.17	6.7
Cash From Operations, 2 Yr. CAGR %	0	11.12	11.29	-0.98	-2.25
Capital Expenditures, 2 Yr. CAGR %	-14.2	-33.87	8.48	38.13	-7.52
Levered Free Cash Flow, 2 Yr. CAGR %	-8.74	13.29	-0.87	-7.43	5.52
Unlevered Free Cash Flow, 2 Yr. CAGR %	-8.75	13.29	-0.86	-7.43	5.51
Dividend Per Share, 2 Yr. CAGR %	8.71	9.54	9.54	11.8	13.23
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.43	0.86	1.98	4.34	7.16
Gross Profit, 3 Yr. CAGR %	4.91	3.45	3.77	4.58	5.7
EBITDA, 3 Yr. CAGR %	10.45	9.91	7.34	7.63	7.97
EBITA, 3 Yr. CAGR %	12.37	12.62	8.01	7.99	6.53
EBIT, 3 Yr. CAGR %	12.37	12.62	8.01	7.99	6.53
Earnings From Cont. Operations, 3 Yr. CAGR %	11.82	11.16	11.54	9.08	9.08
Net Income, 3 Yr. CAGR %	12.15	11.5	11.45	9.08	9.08
Normalized Net Income, 3 Yr. CAGR %	12.61	12.64	8.03	8.16	6.65
Diluted EPS Before Extra, 3 Yr. CAGR %	12.38	11.68	11.55	9.44	9.67
Accounts Receivable, 3 Yr. CAGR %	-2.59	-3.31	4.67	9.76	12.34
Inventory, 3 Yr. CAGR %	-12.71	-23.22	-16.26	9.59	11.48
Net Property, Plant and Equip., 3 Yr. CAGR %	0.14	-1.53	-0.92	-0.85	-0.35
Total Assets, 3 Yr. CAGR %	4.66	4.04	6.01	6.49	5.93
Tangible Book Value, 3 Yr. CAGR %	5.8	6.55	6.56	5.65	6.95
Common Equity, 3 Yr. CAGR %	5.47	6.83	7.33	7	7.5
Cash From Operations, 3 Yr. CAGR %	6.19	7.35	7.33	6.64	-1.46
Capital Expenditures, 3 Yr. CAGR %	-17.75	-26.69	-1.3	0.7	23.43
Levered Free Cash Flow, 3 Yr. CAGR %	25.6	6.26	-4.33	7.28	-8.76
Unlevered Free Cash Flow, 3 Yr. CAGR %	25.58	6.25	-4.33	7.28	-8.76
Dividend Per Share, 3 Yr. CAGR %	7.38	9.39	9.14	11.46	11.57
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.78	2.59	3.14	2.61	4.24
Gross Profit, 5 Yr. CAGR %	4.63	4.06	4.43	4.38	4.63
EBITDA, 5 Yr. CAGR %	8.62	7.77	9.55	9.02	7.39
EBITA, 5 Yr. CAGR %	10.01	9.28	10.56	10.66	7.24
EBIT, 5 Yr. CAGR %	10.01	9.28	10.56	10.66	7.24
Earnings From Cont. Operations, 5 Yr. CAGR %	12.55	8.75	11.75	10.69	9.17
Net Income, 5 Yr. CAGR %	12.74	8.94	11.95	10.9	9.11
Normalized Net Income, 5 Yr. CAGR %	10.94	9.46	10.73	10.88	7.2
Diluted EPS Before Extra, 5 Yr. CAGR %	13.02	9.26	12.19	11.14	9.5
Accounts Receivable, 5 Yr. CAGR %	2.35	4.04	1.4	1.18	9.58
Inventory, 5 Yr. CAGR %	-8.19	-8.15	-7.26	-13.06	-1.1
Net Property, Plant and Equip., 5 Yr. CAGR %	3.31	1.13	-0.18	-0.99	-0.94
Total Assets, 5 Yr. CAGR %	4.98	5.04	5.22	5.19	5.86
Tangible Book Value, 5 Yr. CAGR %	6.05	5.36	5.84	6.61	6.45
Common Equity, 5 Yr. CAGR %	5.7	5.29	6.04	7.37	7.08
Cash From Operations, 5 Yr. CAGR %	2.82	9.95	8.2	3.94	3.39
Capital Expenditures, 5 Yr. CAGR %	-2.5	-18.58	-8.12	-5.55	-3.84
Levered Free Cash Flow, 5 Yr. CAGR %	5.26	21.45	14.26	0.55	-0.51
Unlevered Free Cash Flow, 5 Yr. CAGR %	5.25	21.44	14.25	0.55	-0.51
Dividend Per Share, 5 Yr. CAGR %	13.18	7.57	8.24	10.35	10.76