Income Statement Yamaya Corporation

Stocks

9994

JP3943800007

Food Retail & Distribution

Delayed Japan Exchange 02:30:00 2026-09-29 EDT			5-day change	1st Jan Change
1,996.00 ^JPY	-1.33%		-2.40%	-9.85%

23-05-12	Yamaya Corporation Reports Earnings Results for the Full Year Ended March 31, 2023	CI
19-10-28	Chimney Co., Ltd. and Yamaya Corporation cancelled the acquisition of 87.8% stake in Tsubohachi Co., Ltd. from Nippon Steel & Sumikin Bussan Corporation.	CI

5.gFHQU2QurL6uSa9KiG1isPGAy9FoaO88H43xn9oAL9Q.yyLjNT5ozebhG9ol-F4x1ZPJvug6KblLZ8DJ8p9VS-zGI-IWUFqB9MEo3A

Published financial data: YAMAYA CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Revenues	143B	153B	160B	160B	159B
Total Revenues	143B	153B	160B	160B	159B
Cost of Goods Sold, Total	108B	111B	114B	113B	113B
Gross Profit	35.01B	41.33B	46.36B	46.84B	45.88B
Selling General & Admin Expenses, Total	33.45B	37.44B	39.15B	40.52B	41.45B
Provision for Bad Debts	-34M	105M	-23M	-25M	-62M
Depreciation & Amortization - (IS)	952M	954M	914M	920M	924M
Other Operating Expenses, Total	34.36B	38.5B	40.04B	41.42B	42.31B
Operating Income	644M	2.84B	6.32B	5.43B	3.57B
Interest Expense, Total	-100M	-108M	-73M	-78M	-90M
Interest And Investment Income	24M	25M	25M	35M	66M
Net Interest Expenses	-76M	-83M	-48M	-43M	-24M
Income (Loss) On Equity Invest.	25M	23M	16M	33M	23M
Other Non Operating Income (Expenses)	8.19B	175M	113M	148M	124M
EBT, Excl. Unusual Items	8.78B	2.95B	6.4B	5.56B	3.7B
Gain (Loss) On Sale Of Investments	-	-	-234M	-	-
Gain (Loss) On Sale Of Assets	27M	2M	1M	-	-
Asset Writedown	-656M	-509M	-769M	-391M	-448M
Other Unusual Items	-1.31B	-39M	-82M	87M	93M
EBT, Incl. Unusual Items	6.84B	2.41B	5.32B	5.26B	3.34B
Income Tax Expense	1.41B	1.24B	1.18B	744M	789M
Earnings From Continuing Operations	5.43B	1.17B	4.14B	4.52B	2.55B
Net Income to Company	5.43B	1.17B	4.14B	4.52B	2.55B
Minority Interest	-1.03B	764M	-525M	-873M	-475M
Net Income - (IS)	4.4B	1.93B	3.62B	3.64B	2.08B
Net Income to Common Incl Extra Items	4.4B	1.93B	3.62B	3.64B	2.08B
Net Income to Common Excl. Extra Items	4.4B	1.93B	3.62B	3.64B	2.08B
Per Share Items
Net EPS - Basic	405.96	178.03	333.64	336.13	191.59
Basic EPS - Continuing Operations	405.96	178.03	333.64	336.13	191.59
Basic Weighted Average Shares Outstanding	10.84M	10.84M	10.84M	10.84M	10.84M
Net EPS - Diluted	405.96	178.03	333.64	336.13	191.59
Diluted EPS - Continuing Operations	405.96	178.03	333.64	336.13	191.59
Diluted Weighted Average Shares Outstanding	10.84M	10.84M	10.84M	10.84M	10.84M
Normalized Basic EPS	410.95	240.72	320.6	240.3	169.26
Normalized Diluted EPS	410.95	240.72	320.6	240.3	169.26
Dividend Per Share	50	52	54	54	70
Payout Ratio	12.32	29.17	15.57	16.36	33.37
Supplemental Items
EBITDA	2.05B	4.17B	7.59B	6.68B	4.83B
EBITA	827M	3.02B	6.49B	5.58B	3.72B
EBIT	644M	2.84B	6.32B	5.43B	3.57B
EBITDAR	9.91B	12.45B	15.86B	15.1B	13.42B
Effective Tax Rate - (Ratio)	20.58	51.56	22.1	14.14	23.62
Normalized Net Income	4.46B	2.61B	3.48B	2.61B	1.84B
Non-Cash Pension Expense	-17M	0	-6M	2M	-9M
Supplemental Operating Expense Items
Net Rental Expense, Total	7.86B	8.28B	8.27B	8.42B	8.59B
Imputed Operating Lease Interest Expense	499M	607M	531M	706M	991M
Imputed Operating Lease Depreciation	7.36B	7.67B	7.74B	7.72B	7.6B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	13.79B	11.74B	13.54B	12.59B	12.46B
Total Cash And Short Term Investments	13.79B	11.74B	13.54B	12.59B	12.46B
Accounts Receivable, Total	4.05B	4.86B	5.44B	6.27B	5.56B
Total Receivables	4.05B	4.86B	5.44B	6.27B	5.56B
Inventory	15.93B	17.88B	19.09B	22.64B	20.21B
Prepaid Expenses	843M	859M	855M	883M	897M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	2.92B	1.13B	1.04B	1.38B	1.18B
Total Current Assets	37.54B	36.48B	39.96B	43.76B	40.31B
Net Property Plant And Equipment	10.92B	10.71B	10.61B	11.07B	11.98B
Long-term Investments	9.45B	9.1B	9.17B	9.14B	9.85B
Goodwill	2.16B	1.98B	1.46B	1.31B	1.16B
Other Intangibles, Total	94M	71M	74M	64M	148M
Deferred Tax Assets Long-Term	819M	941M	1.14B	1.6B	1.53B
Other Long-Term Assets, Total	1M	1M	2M	1M	2M
Total Assets	60.98B	59.28B	62.42B	66.94B	64.98B
Liabilities
Accounts Payable, Total	9.22B	10.3B	10.62B	13.52B	10.1B
Accrued Expenses, Total	1.56B	1.53B	1.8B	1.71B	1.72B
Short-term Borrowings	10B	7B	5B	3.1B	2.3B
Current Portion of Long-Term Debt	149M	155M	278M	467M	1.47B
Current Portion of Leases	67M	33M	19M	22M	33M
Current Income Taxes Payable	2.46B	3.1B	3.75B	3.01B	3.35B
Other Current Liabilities	1.31B	838M	799M	689M	578M
Total Current Liabilities	24.76B	22.96B	22.26B	22.52B	19.56B
Long-Term Debt	3.06B	2.79B	2.51B	2.97B	1.51B
Long-Term Leases	181M	147M	274M	249M	372M
Pension & Other Post Retirement Benefits	939M	972M	1B	1.03B	1.08B
Deferred Tax Liability Non Current	22M	22M	-	-	-
Other Non Current Liabilities	2.93B	2.8B	2.83B	2.84B	2.89B
Total Liabilities	31.9B	29.68B	28.88B	29.61B	25.41B
Common Stock, Total	3.25B	3.25B	3.25B	3.25B	3.25B
Additional Paid In Capital	5.82B	5.82B	5.82B	5.82B	5.82B
Retained Earnings	18.2B	19.57B	22.62B	25.67B	27.05B
Treasury Stock	-8M	-8M	-9M	-9M	-9M
Comprehensive Income and Other	200M	225M	532M	533M	1B
Total Common Equity	27.46B	28.85B	32.21B	35.26B	37.11B
Minority Interest	1.63B	743M	1.33B	2.07B	2.46B
Total Equity	29.08B	29.59B	33.54B	37.33B	39.57B
Total Liabilities And Equity	60.98B	59.28B	62.42B	66.94B	64.98B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	10.84M	10.84M	10.84M	10.84M	10.84M
ECS Total Common Shares Outstanding	10.84M	10.84M	10.84M	10.84M	10.84M
Book Value / Share	2.53K	2.66K	2.97K	3.25K	3.42K
Tangible Book Value	25.2B	26.8B	30.67B	33.88B	35.8B
Tangible Book Value Per Share	2.32K	2.47K	2.83K	3.12K	3.3K
Total Debt	13.45B	10.12B	8.08B	6.81B	5.68B
Net Debt	-338M	-1.62B	-5.45B	-5.78B	-6.78B
Debt Equivalent of Unfunded Proj. Benefit Obligation	229M	249M	252M	272M	280M
Debt Equivalent Oper. Leases	62.88B	66.26B	66.18B	67.4B	68.74B
Minority Interest, Total (Incl. Fin. Div)	1.63B	743M	1.33B	2.07B	2.46B
Equity Method Investments, Total	833M	852M	992M	1.04B	1.3B
Inventories - Raw Materials, Total	45M	38M	31M	34M	33M
Inventories - Work In Process, Total	72M	67M	70M	68M	83M
Inventories - Finished Goods, Total	15.81B	17.78B	18.99B	22.54B	20.09B
Full Time Employees	1.9K	1.81K	1.76K	1.79K	1.81K
Accumulated Allowance for Doubtful Accounts (Supple)	381M	243M	211M	198M	140M

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Net Income	6.84B	2.41B	5.32B	5.26B	3.34B
Depreciation & Amortization - CF	1.22B	1.15B	1.1B	1.1B	1.1B
Amortization of Goodwill and Intangible Assets - (CF)	183M	182M	172M	150M	150M
Depreciation & Amortization, Total	1.4B	1.33B	1.27B	1.25B	1.26B
(Gain) Loss From Sale Of Asset	629M	507M	768M	391M	448M
(Gain) Loss on Sale of Investments - (CF)	-	-	234M	-	-
(Income) Loss On Equity Investments - (CF)	-25M	-23M	-16M	-33M	-23M
Other Operating Activities, Total	4.94B	355M	-1.5B	-1.37B	-865M
Change In Accounts Receivable	640M	-667M	-549M	-813M	761M
Change In Inventories	-129M	-1.95B	-1.21B	-3.55B	2.43B
Change In Accounts Payable	-1.26B	1.44B	977M	2.41B	-3.01B
Change in Other Net Operating Assets	-8.6B	-308M	155M	-745M	-13M
Cash from Operations	4.44B	3.09B	5.44B	2.81B	4.33B
Capital Expenditure	-1.05B	-1.22B	-931M	-1.76B	-2.16B
Sale of Property, Plant, and Equipment	-337M	-261M	-154M	-59M	-63M
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-95M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	897M	336M	181M	42M	-64M
Cash from Investing	-494M	-1.14B	-904M	-1.78B	-2.38B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	2.5B	-	-	1B	-
Total Debt Issued	2.5B	-	-	1B	-
Short Term Debt Repaid, Total	-550M	-3B	-2B	-1.9B	-790M
Long-Term Debt Repaid, Total	-124M	-264M	-150M	-357M	-467M
Total Debt Repaid	-674M	-3.26B	-2.15B	-2.26B	-1.26B
Common Dividends Paid	-542M	-563M	-563M	-596M	-693M
Common & Preferred Stock Dividends Paid	-542M	-563M	-563M	-596M	-693M
Other Financing Activities, Total	-104M	-163M	-34M	-124M	-122M
Cash from Financing	1.18B	-3.99B	-2.75B	-1.98B	-2.07B
Miscellaneous Cash Flow Adjustments	-	-	-1M	-	1M
Net Change in Cash	5.13B	-2.05B	1.79B	-950M	-124M
Supplemental Items
Cash Interest Paid	105M	102M	72M	76M	91M
Cash Income Tax Paid (Refund)	2.18B	1.09B	1.54B	1.48B	980M
Levered Free Cash Flow	-2B	2.05B	3.75B	50.12M	1.33B
Unlevered Free Cash Flow	-1.94B	2.12B	3.8B	98.88M	1.39B
Change In Net Working Capital	2.69B	-235M	491M	2.78B	-152M
Net Debt Issued / Repaid	1.83B	-3.26B	-2.15B	-1.26B	-1.26B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Profitability
Return on Assets	0.68	2.95	6.49	5.24	3.39
Return on Total Capital	1.02	4.31	9.71	7.91	5
Return On Equity %	20.33	3.97	13.12	12.75	6.64
Return on Common Equity	17.2	6.86	11.85	10.8	5.74
Margin Analysis
Gross Profit Margin %	24.41	27.06	28.91	29.25	28.84
SG&A Margin	23.32	24.51	24.42	25.3	26.05
EBITDA Margin %	1.43	2.73	4.73	4.17	3.03
EBITA Margin %	0.58	1.98	4.05	3.48	2.34
EBIT Margin %	0.45	1.86	3.94	3.39	2.25
Income From Continuing Operations Margin %	3.79	0.76	2.58	2.82	1.6
Net Income Margin %	3.07	1.26	2.26	2.28	1.31
Net Avail. For Common Margin %	3.07	1.26	2.26	2.28	1.31
Normalized Net Income Margin	3.11	1.71	2.17	1.63	1.15
Levered Free Cash Flow Margin	-1.39	1.34	2.34	0.03	0.84
Unlevered Free Cash Flow Margin	-1.35	1.39	2.37	0.06	0.87
Asset Turnover
Asset Turnover	2.42	2.54	2.64	2.48	2.41
Fixed Assets Turnover	12.82	14.13	15.05	14.78	13.81
Receivables Turnover (Average Receivables)	32.82	34.28	31.14	27.36	26.9
Inventory Turnover (Average Inventory)	6.83	6.59	6.17	5.43	5.29
Short Term Liquidity
Current Ratio	1.52	1.59	1.8	1.94	2.06
Quick Ratio	0.72	0.72	0.85	0.84	0.92
Operating Cash Flow to Current Liabilities	0.18	0.13	0.24	0.12	0.22
Days Sales Outstanding (Average Receivables)	11.12	10.65	11.75	13.34	13.57
Days Outstanding Inventory (Average Inventory)	53.42	55.38	59.37	67.2	69.05
Average Days Payable Outstanding	31.91	31.42	33.24	37.7	38.92
Cash Conversion Cycle (Average Days)	32.63	34.61	37.88	42.84	43.7
Long Term Solvency
Total Debt/Equity	46.26	34.2	24.11	18.23	14.36
Total Debt / Total Capital	31.63	25.49	19.42	15.42	12.56
LT Debt/Equity	11.13	9.91	8.31	8.62	4.75
Long-Term Debt / Total Capital	7.61	7.39	6.7	7.29	4.15
Total Liabilities / Total Assets	52.31	50.08	46.27	44.24	39.1
EBIT / Interest Expense	6.44	26.28	86.58	69.58	39.7
EBITDA / Interest Expense	20.46	38.59	103.93	85.62	53.64
(EBITDA - Capex) / Interest Expense	9.92	27.31	91.18	63.01	29.66
Total Debt / EBITDA	6.58	2.43	1.07	1.02	1.18
Net Debt / EBITDA	-0.17	-0.39	-0.72	-0.87	-1.4
Total Debt / (EBITDA - Capex)	13.56	3.43	1.21	1.38	2.13
Net Debt / (EBITDA - Capex)	-0.34	-0.55	-0.82	-1.18	-2.54
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-4.39	6.52	4.96	-0.11	-0.65
Gross Profit, 1 Yr. Growth %	-10.17	18.07	12.16	1.04	-2.05
EBITDA, 1 Yr. Growth %	22.59	103.71	82.03	-11.98	-27.7
EBITA, 1 Yr. Growth %	174.75	265.18	114.97	-14.09	-33.24
EBIT, 1 Yr. Growth %	-356.57	340.68	122.69	-14.13	-34.16
Earnings From Cont. Operations, 1 Yr. Growth %	-144.5	-78.54	255.23	9.05	-43.5
Net Income, 1 Yr. Growth %	-155.16	-56.15	87.41	0.75	-43
Normalized Net Income, 1 Yr. Growth %	-13.18	-41.42	33.18	-25.05	-29.56
Diluted EPS Before Extra, 1 Yr. Growth %	-155.16	-56.15	87.41	0.75	-43
Accounts Receivable, 1 Yr. Growth %	-13.55	19.89	11.96	15.2	-11.22
Inventory, 1 Yr. Growth %	0.82	12.27	6.74	18.58	-10.74
Net Property, Plant and Equip., 1 Yr. Growth %	-4.74	-1.92	-0.92	4.34	8.23
Total Assets, 1 Yr. Growth %	5.84	-2.79	5.3	7.25	-2.93
Tangible Book Value, 1 Yr. Growth %	18.48	6.34	14.43	10.46	5.66
Common Equity, 1 Yr. Growth %	15.73	5.07	11.64	9.47	5.25
Cash From Operations, 1 Yr. Growth %	-988.2	-30.49	76.38	-48.45	54.19
Capital Expenditures, 1 Yr. Growth %	-5.47	15.56	-23.56	89.37	22.46
Levered Free Cash Flow, 1 Yr. Growth %	-212.03	-202.77	82.61	-98.66	2.55K
Unlevered Free Cash Flow, 1 Yr. Growth %	-207.28	-209.57	78.95	-97.39	1.3K
Dividend Per Share, 1 Yr. Growth %	0	4	3.85	0	29.63
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-7.65	0.92	5.73	2.39	-0.38
Gross Profit, 2 Yr. CAGR %	-21.36	2.99	15.08	6.46	-0.51
EBITDA, 2 Yr. CAGR %	-45.29	58.03	92.57	26.58	-20.23
EBITA, 2 Yr. CAGR %	-58.81	216.75	180.18	35.89	-24.27
EBIT, 2 Yr. CAGR %	-60.68	236.26	213.27	38.28	-24.81
Earnings From Cont. Operations, 2 Yr. CAGR %	148.78	-69.1	-12.69	96.82	-21.51
Net Income, 2 Yr. CAGR %	363.34	-50.82	-9.34	37.41	-24.22
Normalized Net Income, 2 Yr. CAGR %	9.37	-28.69	-11.67	-0.09	-27.34
Diluted EPS Before Extra, 2 Yr. CAGR %	363.36	-50.82	-9.34	37.41	-24.22
Accounts Receivable, 2 Yr. CAGR %	-5.42	1.81	15.85	13.57	1.13
Inventory, 2 Yr. CAGR %	1.66	6.39	9.47	12.5	2.88
Net Property, Plant and Equip., 2 Yr. CAGR %	-5.65	-3.34	-1.42	1.68	6.27
Total Assets, 2 Yr. CAGR %	-1.87	1.43	1.17	6.27	2.03
Tangible Book Value, 2 Yr. CAGR %	5.83	12.25	10.31	12.43	8.03
Common Equity, 2 Yr. CAGR %	-7.26	10.27	8.31	10.55	7.34
Cash From Operations, 2 Yr. CAGR %	156.12	148.48	10.73	-4.64	-10.85
Capital Expenditures, 2 Yr. CAGR %	-6.28	4.52	-6.02	20.31	52.28
Levered Free Cash Flow, 2 Yr. CAGR %	324.98	7.3	36.99	-84.38	-40.44
Unlevered Free Cash Flow, 2 Yr. CAGR %	325.56	8.42	40.03	-78.41	-39.56
Dividend Per Share, 2 Yr. CAGR %	4.26	1.98	3.92	1.9	13.86
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-5.09	-3.15	2.25	3.75	1.37
Gross Profit, 3 Yr. CAGR %	-15.19	-9.95	5.96	10.19	3.54
EBITDA, 3 Yr. CAGR %	-40.45	-15.2	65.66	48.34	5.02
EBITA, 3 Yr. CAGR %	-52.19	-14.75	178.36	88.93	7.22
EBIT, 3 Yr. CAGR %	-54.63	-12	193.1	103.5	7.98
Earnings From Cont. Operations, 3 Yr. CAGR %	10.36	9.92	-30.26	-5.98	29.84
Net Income, 3 Yr. CAGR %	11.02	111.15	-23.18	-6.1	2.48
Normalized Net Income, 3 Yr. CAGR %	8.26	-11.18	-12.18	-16.38	-11.08
Diluted EPS Before Extra, 3 Yr. CAGR %	11.03	111.16	-23.18	-6.1	2.48
Accounts Receivable, 3 Yr. CAGR %	-1.33	2.36	5.08	15.64	4.62
Inventory, 3 Yr. CAGR %	1.48	5.08	6.5	12.42	4.15
Net Property, Plant and Equip., 3 Yr. CAGR %	-12.17	-4.43	-2.54	0.46	3.82
Total Assets, 3 Yr. CAGR %	-5.15	-2.18	2.71	3.16	3.11
Tangible Book Value, 3 Yr. CAGR %	4.39	6	12.97	10.36	10.12
Common Equity, 3 Yr. CAGR %	-5.29	-3.32	10.73	8.69	8.75
Cash From Operations, 3 Yr. CAGR %	2.34	65.82	121.65	-14.18	11.92
Capital Expenditures, 3 Yr. CAGR %	-11.72	0.5	-5.83	18.71	21.02
Levered Free Cash Flow, 3 Yr. CAGR %	-14.54	164.77	28.1	-70.73	-13.48
Unlevered Free Cash Flow, 3 Yr. CAGR %	-15.49	170.73	28.13	-62.9	-13.22
Dividend Per Share, 3 Yr. CAGR %	4.35	4.17	2.6	2.6	10.42
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-3.04	-2	-0.9	-0.97	1.19
Gross Profit, 5 Yr. CAGR %	-8.06	-5.99	-4.18	-3.72	3.32
EBITDA, 5 Yr. CAGR %	-24.81	-16.73	-4.77	-0.46	23.67
EBITA, 5 Yr. CAGR %	-32.5	-17.83	-3.02	2.73	65.37
EBIT, 5 Yr. CAGR %	-34.29	-17.47	-1.73	5.44	70.09
Earnings From Cont. Operations, 5 Yr. CAGR %	14.32	-23.42	0.48	38.76	-26.88
Net Income, 5 Yr. CAGR %	20.23	-10.67	2.38	77.81	-23.6
Normalized Net Income, 5 Yr. CAGR %	14.66	-6.51	-0.2	-6.9	-18.59
Diluted EPS Before Extra, 5 Yr. CAGR %	20.23	-10.67	2.38	77.82	-23.6
Accounts Receivable, 5 Yr. CAGR %	8.03	6.65	5.22	6.7	3.49
Inventory, 5 Yr. CAGR %	1.18	3.88	4.6	7.99	5.04
Net Property, Plant and Equip., 5 Yr. CAGR %	-9.02	-8.44	-8.02	-2.03	0.89
Total Assets, 5 Yr. CAGR %	-2.11	-3.48	-2.67	1.12	2.44
Tangible Book Value, 5 Yr. CAGR %	9.78	6.71	6.72	8.53	10.97
Common Equity, 5 Yr. CAGR %	0.61	-0.55	-0.07	2.01	9.36
Cash From Operations, 5 Yr. CAGR %	-4.71	-22.89	5.62	32.9	53.98
Capital Expenditures, 5 Yr. CAGR %	-14.69	-5.4	-9.48	8	14.13
Levered Free Cash Flow, 5 Yr. CAGR %	-8.09	-25.06	3.21	-14.64	-5.7
Unlevered Free Cash Flow, 5 Yr. CAGR %	-8.83	-24.6	3.42	-1.54	-5.13
Dividend Per Share, 5 Yr. CAGR %	6.79	4.36	4.18	3.26	6.96