Cash flow TRANSACTION CO.,Ltd.

Equities

7818

JP3635670007

Household Products

Market Closed - Japan Exchange Other stock markets 01:30:00 2024-12-05 EST			5-day change	1st Jan Change
2,310.00 ^JPY	+2.48%		+2.80%	+8.20%

10-15	Transaction Co.,Ltd. Provides Consolidated Earnings Guidance for the Half Year Ending February 2025 and for the Fiscal Year Ending August 31, 2025	CI
08-22	Tranche Update on TRANSACTION CO.,Ltd.'s Equity Buyback Plan announced on July 11, 2024.	CI

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Published financial data: TRANSACTION CO.,LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: August	2020	2021	2022	2023	2024
Revenues	18.47B	17.14B	18.27B	22.96B	25.05B
Total Revenues	18.47B	17.14B	18.27B	22.96B	25.05B
Cost of Goods Sold, Total	11.34B	10.49B	11.12B	13.91B	15.24B
Gross Profit	7.13B	6.65B	7.16B	9.04B	9.81B
Selling General & Admin Expenses, Total	4.25B	3.82B	3.92B	4.38B	4.58B
Provision for Bad Debts	9M	-	-	-	-7M
Other Operating Expenses	62M	5M	6M	7M	6M
Other Operating Expenses, Total	4.32B	3.83B	3.92B	4.38B	4.58B
Operating Income	2.8B	2.82B	3.23B	4.66B	5.23B
Interest Expense, Total	-2M	-3M	-2M	-2M	-3M
Interest And Investment Income	25M	19M	27M	83M	170M
Net Interest Expenses	23M	16M	25M	81M	167M
Currency Exchange Gains (Loss)	-	-29M	28M	42M	231M
Other Non Operating Income (Expenses)	32M	66M	18M	4M	-8M
EBT, Excl. Unusual Items	2.86B	2.87B	3.3B	4.79B	5.62B
Gain (Loss) On Sale Of Investments	-254M	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-14M	14M	2M
Asset Writedown	-38M	-13M	-	-	-
Other Unusual Items	-1M	-	15M	-	1M
EBT, Incl. Unusual Items	2.56B	2.86B	3.3B	4.8B	5.63B
Income Tax Expense	912M	802M	1.11B	1.5B	1.86B
Earnings From Continuing Operations	1.65B	2.06B	2.2B	3.3B	3.76B
Net Income to Company	1.65B	2.06B	2.2B	3.3B	3.76B
Net Income - (IS)	1.65B	2.06B	2.2B	3.3B	3.76B
Net Income to Common Incl Extra Items	1.65B	2.06B	2.2B	3.3B	3.76B
Net Income to Common Excl. Extra Items	1.65B	2.06B	2.2B	3.3B	3.76B
Per Share Items
Net EPS - Basic	56.68	70.68	75.42	113.49	129.38
Basic EPS - Continuing Operations	56.68	70.68	75.42	113.49	129.38
Basic Weighted Average Shares Outstanding	29.15M	29.13M	29.1M	29.12M	29.09M
Net EPS - Diluted	56.68	70.68	75.42	113.49	129.38
Diluted EPS - Continuing Operations	56.68	70.68	75.42	113.49	129.38
Diluted Weighted Average Shares Outstanding	29.15M	29.13M	29.1M	29.12M	29.09M
Normalized Basic EPS	61.26	61.66	70.93	102.72	120.85
Normalized Diluted EPS	61.26	61.66	70.93	102.72	120.85
Dividend Per Share	18	22	25	35	-
Payout Ratio	28.21	25.5	29.11	22	27.08
Supplemental Items
EBITDA	2.93B	2.94B	3.35B	4.79B	5.41B
EBITA	2.8B	2.82B	3.23B	4.66B	5.23B
EBIT	2.8B	2.82B	3.23B	4.66B	5.23B
EBITDAR	3.33B	3.26B	3.66B	5.1B	5.73B
Effective Tax Rate - (Ratio)	35.57	28.03	33.57	31.15	33.13
Normalized Net Income	1.79B	1.8B	2.06B	2.99B	3.52B
Non-Cash Pension Expense	1.94M	-1.04M	-947K	-11.08M	13M
Supplemental Operating Expense Items
Selling and Marketing Expenses	600M	551M	590M	709M	692M
Research And Development Expense From Footnotes	27M	34M	44M	45M	36M
Net Rental Expense, Total	400M	325M	310M	306M	317M
Imputed Operating Lease Interest Expense	8.48M	9.21M	6.97M	7.07M	9.94M
Imputed Operating Lease Depreciation	392M	316M	303M	299M	307M

Fiscal Period: August	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	3.86B	5.07B	4.34B	6.01B	5.82B
Short Term Investments	510M	377M	291M	859M	171M
Total Cash And Short Term Investments	4.36B	5.45B	4.63B	6.86B	5.99B
Accounts Receivable, Total	2.31B	2.14B	2.67B	2.73B	3.13B
Other Receivables	52M	48M	67M	62M	58M
Total Receivables	2.36B	2.19B	2.74B	2.79B	3.19B
Inventory	3.04B	2.82B	4.46B	4.77B	5.08B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	404M	523M	982M	767M	548M
Total Current Assets	10.17B	10.98B	12.81B	15.19B	14.8B
Net Property Plant And Equipment	1.14B	1.08B	1.07B	1.11B	1.78B
Long-term Investments	1.43B	1.91B	2.46B	3.84B	5.21B
Other Intangibles, Total	147M	135M	126M	165M	200M
Deferred Tax Assets Long-Term	387M	306M	188M	294M	331M
Other Long-Term Assets, Total	2M	2M	2M	1M	1M
Total Assets	13.27B	14.42B	16.65B	20.6B	22.32B
Liabilities
Accounts Payable, Total	692M	803M	1.04B	959M	956M
Accrued Expenses, Total	219M	159M	169M	223M	209M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	337M	375M	387M	332M	333M
Current Income Taxes Payable	653M	529M	647M	1.09B	1.03B
Other Current Liabilities	632M	387M	415M	824M	804M
Total Current Liabilities	2.53B	2.25B	2.65B	3.42B	3.33B
Long-Term Debt	555M	426M	234M	431M	434M
Pension & Other Post Retirement Benefits	331M	381M	315M	314M	317M
Deferred Tax Liability Non Current	-	-	55M	153M	48M
Other Non Current Liabilities	44M	38M	39M	40M	39M
Total Liabilities	3.46B	3.1B	3.3B	4.36B	4.17B
Common Stock, Total	93M	93M	93M	93M	93M
Additional Paid In Capital	3.29B	3.29B	3.29B	3.3B	3.3B
Retained Earnings	6.49B	8.02B	9.57B	12.14B	14.89B
Treasury Stock	-130M	-223M	-223M	-203M	-703M
Comprehensive Income and Other	61M	140M	623M	897M	564M
Total Common Equity	9.8B	11.32B	13.35B	16.24B	18.15B
Total Equity	9.8B	11.32B	13.35B	16.24B	18.15B
Total Liabilities And Equity	13.27B	14.42B	16.65B	20.6B	22.32B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	29.2M	29.1M	29.1M	29.13M	28.84M
ECS Total Common Shares Outstanding	29.2M	29.1M	29.1M	29.13M	-
Book Value / Share	335.7	389.08	458.83	557.39	629.28
Tangible Book Value	9.66B	11.19B	13.23B	16.07B	17.95B
Tangible Book Value Per Share	330.67	384.44	454.5	551.73	622.34
Total Debt	892M	801M	621M	763M	767M
Net Debt	-3.47B	-4.65B	-4B	-6.1B	-5.22B
Debt Equivalent of Unfunded Proj. Benefit Obligation	331M	381M	315M	315M	317M
Debt Equivalent Oper. Leases	3.2B	2.6B	2.48B	2.45B	2.54B
Inventories - Raw Materials, Total	17M	20M	21M	23M	26M
Inventories - Finished Goods, Total	3.02B	2.8B	4.44B	4.75B	5.05B
Inventories - Others	-	1M	-	-	1M
Full Time Employees	476	453	442	455	481
Accumulated Allowance for Doubtful Accounts (Supple)	8M	8M	8M	7M	-

Fiscal Period: August	2020	2021	2022	2023	2024
Net Income	2.56B	2.86B	3.3B	4.8B	5.63B
Depreciation & Amortization - CF	126M	114M	118M	135M	177M
Depreciation & Amortization, Total	126M	114M	118M	135M	177M
(Gain) Loss From Sale Of Asset	38M	13M	-	-39M	-2M
(Gain) Loss on Sale of Investments - (CF)	254M	-	-	-	-
Other Operating Activities, Total	-917M	-910M	-941M	-1.21B	-1.88B
Change In Accounts Receivable	-66M	168M	-519M	-53M	-396M
Change In Inventories	-532M	221M	-1.63B	-302M	-306M
Change In Accounts Payable	-233M	109M	222M	-78M	-4M
Change in Other Net Operating Assets	379M	-271M	-319M	515M	-191M
Cash from Operations	1.61B	2.31B	239M	3.77B	3.02B
Capital Expenditure	-98M	-31M	-49M	-186M	-714M
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-123M	-37M	-29M	-56M	-84M
Investment in Marketable and Equity Securities, Total	-91M	-374M	-95M	-1.28B	-804M
Other Investing Activities, Total	-40M	-23M	-40M	42M	-113M
Cash from Investing	-352M	-465M	-213M	-1.48B	-1.72B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	600M	300M	200M	600M	400M
Total Debt Issued	600M	300M	200M	600M	400M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-326M	-390M	-379M	-459M	-396M
Total Debt Repaid	-326M	-390M	-379M	-459M	-396M
Issuance of Common Stock	97M	-	-	30M	-
Repurchase of Common Stock	-	-94M	-	-	-501M
Common & Preferred Stock Dividends Paid	-466M	-525M	-639M	-727M	-1.02B
Common & Preferred Stock Dividends Paid	-466M	-525M	-639M	-727M	-1.02B
Other Financing Activities, Total	1M	-	-1M	1M	-
Cash from Financing	-94M	-709M	-819M	-555M	-1.52B
Foreign Exchange Rate Adjustments	-	10M	62M	-22M	-3M
Miscellaneous Cash Flow Adjustments	-2M	-1M	-	-1M	-1M
Net Change in Cash	1.16B	1.14B	-731M	1.71B	-213M
Supplemental Items
Cash Interest Paid	2M	2M	2M	2M	3M
Cash Income Tax Paid (Refund)	918M	919M	964M	1.19B	1.8B
Levered Free Cash Flow	1.19B	1.76B	-202M	3.49B	2.07B
Unlevered Free Cash Flow	1.19B	1.76B	-201M	3.49B	2.07B
Change In Net Working Capital	464M	52M	2.26B	-686M	579M
Net Debt Issued / Repaid	274M	-90M	-179M	141M	4M

Fiscal Period: August	2020	2021	2022	2023	2024
Profitability
Return on Assets	14.18	12.74	13	15.63	15.24
Return on Total Capital	17.71	15.45	15.48	18.8	18.22
Return On Equity %	18.09	19.49	17.79	22.34	21.89
Return on Common Equity	18.09	19.49	17.79	22.34	21.89
Margin Analysis
Gross Profit Margin %	38.58	38.8	39.17	39.39	39.17
SG&A Margin	23.03	22.31	21.45	19.07	18.27
EBITDA Margin %	15.85	17.12	18.33	20.88	21.6
EBITA Margin %	15.17	16.46	17.69	20.29	20.9
EBIT Margin %	15.17	16.46	17.69	20.29	20.9
Income From Continuing Operations Margin %	8.94	12.01	12.01	14.4	15.02
Net Income Margin %	8.94	12.01	12.01	14.4	15.02
Net Avail. For Common Margin %	8.94	12.01	12.01	14.4	15.02
Normalized Net Income Margin	9.67	10.48	11.3	13.03	14.03
Levered Free Cash Flow Margin	6.45	10.24	-1.11	15.2	8.26
Unlevered Free Cash Flow Margin	6.45	10.25	-1.1	15.21	8.27
Asset Turnover
Asset Turnover	1.5	1.24	1.18	1.23	1.17
Fixed Assets Turnover	15.99	15.43	17	21.05	17.34
Receivables Turnover (Average Receivables)	8.11	7.7	7.59	8.51	8.55
Inventory Turnover (Average Inventory)	4.09	3.58	3.05	3.01	3.1
Short Term Liquidity
Current Ratio	4.01	4.88	4.83	4.44	4.44
Quick Ratio	2.65	3.39	2.78	2.82	2.75
Operating Cash Flow to Current Liabilities	0.64	1.02	0.09	1.1	0.91
Days Sales Outstanding (Average Receivables)	45.16	47.41	48.1	42.91	42.79
Days Outstanding Inventory (Average Inventory)	89.43	101.91	119.57	121.1	118.24
Average Days Payable Outstanding	24.91	26.57	26.29	25.59	22.55
Cash Conversion Cycle (Average Days)	109.67	122.75	141.38	138.42	138.49
Long Term Solvency
Total Debt/Equity	9.1	7.07	4.65	4.7	4.23
Total Debt / Total Capital	8.34	6.61	4.44	4.49	4.05
LT Debt/Equity	5.66	3.76	1.75	2.65	2.39
Long-Term Debt / Total Capital	5.19	3.51	1.67	2.54	2.29
Total Liabilities / Total Assets	26.1	21.48	19.8	21.18	18.69
EBIT / Interest Expense	1.4K	940.33	1.62K	2.33K	1.74K
EBITDA / Interest Expense	1.46K	978.33	1.68K	2.4K	1.8K
(EBITDA - Capex) / Interest Expense	1.42K	968	1.65K	2.3K	1.57K
Total Debt / EBITDA	0.3	0.27	0.19	0.16	0.14
Net Debt / EBITDA	-1.19	-1.58	-1.2	-1.27	-0.97
Total Debt / (EBITDA - Capex)	0.32	0.28	0.19	0.17	0.16
Net Debt / (EBITDA - Capex)	-1.23	-1.6	-1.21	-1.32	-1.11
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	12.28	-7.22	6.62	25.64	9.1
Gross Profit, 1 Yr. Growth %	16.74	-6.69	7.62	26.37	8.47
EBITDA, 1 Yr. Growth %	34.99	0.24	14.14	43.1	12.87
EBITA, 1 Yr. Growth %	36.88	0.68	14.57	44.15	12.34
EBIT, 1 Yr. Growth %	36.88	0.68	14.57	44.15	12.34
Earnings From Cont. Operations, 1 Yr. Growth %	28.36	24.64	6.61	50.57	13.86
Net Income, 1 Yr. Growth %	28.36	24.64	6.61	50.57	13.86
Normalized Net Income, 1 Yr. Growth %	37.89	0.6	14.93	44.9	17.51
Diluted EPS Before Extra, 1 Yr. Growth %	26.43	24.7	6.71	50.49	14
Accounts Receivable, 1 Yr. Growth %	2.49	-7.02	24.52	2.1	14.78
Inventory, 1 Yr. Growth %	21.23	-7.21	58.35	6.83	6.44
Net Property, Plant and Equip., 1 Yr. Growth %	-2.98	-4.83	-1.48	4.4	59.34
Total Assets, 1 Yr. Growth %	16.12	8.71	15.45	23.72	8.35
Tangible Book Value, 1 Yr. Growth %	14.98	15.86	18.22	21.49	11.68
Common Equity, 1 Yr. Growth %	15.86	15.5	17.93	21.58	11.78
Cash From Operations, 1 Yr. Growth %	56	42.96	-89.64	1.48K	-19.78
Capital Expenditures, 1 Yr. Growth %	-84.47	-68.37	58.06	279.59	283.87
Levered Free Cash Flow, 1 Yr. Growth %	176.25	47.38	-111.52	-1.83K	-40.7
Unlevered Free Cash Flow, 1 Yr. Growth %	175.74	47.38	-111.44	-1.84K	-40.67
Dividend Per Share, 1 Yr. Growth %	12.5	22.22	13.64	40	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	9.37	2.07	-0.54	15.74	17.08
Gross Profit, 2 Yr. CAGR %	12.1	4.37	0.21	16.62	17.08
EBITDA, 2 Yr. CAGR %