Income Statement YKT Corporation

Stocks

2693

JP3990750006

Industrial Machinery & Equipment

Delayed Japan Exchange 21:19:52 2026-08-13 EDT			5-day change	1st Jan Change
308.00 ^JPY	-0.32%		-5.23%	+35.09%

23-05-08	YKT Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023	CI
20-06-15	Tranche Update on YKT Corporation's Equity Buyback Plan announced on June 15, 2020.	CI

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Published financial data: YKT CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	15.68B	22.08B	12.88B	11.93B	13.39B
Total Revenues	15.68B	22.08B	12.88B	11.93B	13.39B
Cost of Goods Sold, Total	13.21B	18.72B	10.38B	9.83B	11.54B
Gross Profit	2.47B	3.36B	2.5B	2.1B	1.85B
Selling General & Admin Expenses, Total	2.01B	2.35B	2.11B	2.11B	2.05B
Provision for Bad Debts	2M	-2M	-1M	-	-
Other Operating Expenses, Total	2.01B	2.35B	2.11B	2.11B	2.05B
Operating Income	461M	1.01B	386M	-11M	-199M
Interest Expense, Total	-28M	-27M	-26M	-24M	-25M
Interest And Investment Income	15M	15M	17M	79M	32M
Net Interest Expenses	-13M	-12M	-9M	55M	7M
Currency Exchange Gains (Loss)	-16M	25M	-37M	-13M	-7M
Other Non Operating Income (Expenses)	201M	213M	115M	112M	153M
EBT, Excl. Unusual Items	633M	1.23B	455M	143M	-46M
Gain (Loss) On Sale Of Investments	-7M	-	-	-	287M
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-	-	-	-122M
EBT, Incl. Unusual Items	626M	1.23B	455M	143M	119M
Income Tax Expense	194M	361M	155M	143M	91M
Earnings From Continuing Operations	432M	873M	300M	0	28M
Net Income to Company	432M	873M	300M	0	28M
Minority Interest	4M	-18M	4M	-1M	27M
Net Income - (IS)	436M	855M	304M	-1M	55M
Net Income to Common Incl Extra Items	436M	855M	304M	-1M	55M
Net Income to Common Excl. Extra Items	436M	855M	304M	-1M	55M
Per Share Items
Net EPS - Basic	37.56	73.65	26.19	-0.09	4.74
Basic EPS - Continuing Operations	37.56	73.65	26.19	-0.09	4.74
Basic Weighted Average Shares Outstanding	11.61M	11.61M	11.61M	11.61M	11.61M
Net EPS - Diluted	37.56	73.65	26.19	-0.09	4.74
Diluted EPS - Continuing Operations	37.56	73.65	26.19	-0.09	4.74
Diluted Weighted Average Shares Outstanding	11.61M	11.61M	11.61M	11.61M	11.61M
Normalized Basic EPS	34.42	64.88	24.84	7.61	-0.15
Normalized Diluted EPS	34.42	64.88	24.84	7.61	-0.15
Dividend Per Share	5	8	5	5	5
Payout Ratio	13.3	6.78	30.59	-11.6K	105.45
Supplemental Items
EBITDA	520M	1.06B	443M	44M	-148M
EBITA	461M	1.01B	386M	-11M	-199M
EBIT	461M	1.01B	386M	-11M	-199M
Effective Tax Rate - (Ratio)	30.99	29.25	34.07	100	76.47
Normalized Net Income	400M	753M	288M	88.38M	-1.75M
Non-Cash Pension Expense	27.54M	28.73M	29.72M	27.3M	28.42M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	3.26B	3.23B	4.77B	3.85B	6.61B
Total Cash And Short Term Investments	3.26B	3.23B	4.77B	3.85B	6.61B
Accounts Receivable, Total	2.3B	2.66B	1.58B	2.26B	2.48B
Other Receivables	1.01B	1.06B	429M	490M	803M
Total Receivables	3.31B	3.72B	2.01B	2.75B	3.29B
Inventory	3.45B	2.08B	1.02B	760M	2.51B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	254M	307M	370M	235M	698M
Total Current Assets	10.27B	9.33B	8.18B	7.59B	13.1B
Net Property Plant And Equipment	2.14B	2.14B	2.11B	2.05B	2.01B
Long-term Investments	2.07B	2.03B	2.04B	2.06B	1.91B
Other Intangibles, Total	5M	4M	4M	4M	4M
Deferred Tax Assets Long-Term	135M	149M	108M	12M	57M
Other Long-Term Assets, Total	1M	1M	3M	3M	3M
Total Assets	14.62B	13.66B	12.44B	11.72B	17.08B
Liabilities
Accounts Payable, Total	1.26B	1.06B	553M	580M	2.15B
Short-term Borrowings	800M	-	-	-	1.5B
Current Portion of Long-Term Debt	1.15B	1.11B	944M	729M	590M
Current Income Taxes Payable	167M	218M	52M	32M	78M
Other Current Liabilities	1.43B	767M	524M	431M	2.71B
Total Current Liabilities	4.81B	3.15B	2.07B	1.77B	7.02B
Long-Term Debt	2.55B	2.35B	1.9B	1.48B	1.77B
Pension & Other Post Retirement Benefits	288M	305M	316M	301M	289M
Deferred Tax Liability Non Current	-	-	-	4M	-
Other Non Current Liabilities	37M	60M	49M	40M	32M
Total Liabilities	7.68B	5.87B	4.34B	3.6B	9.11B
Common Stock, Total	1.39B	1.39B	1.39B	1.39B	1.39B
Additional Paid In Capital	2B	2B	2B	2B	2B
Retained Earnings	3.37B	4.17B	4.38B	4.27B	4.26B
Treasury Stock	-86M	-86M	-86M	-86M	-86M
Comprehensive Income and Other	234M	275M	366M	506M	381M
Total Common Equity	6.91B	7.75B	8.05B	8.07B	7.94B
Minority Interest	25M	46M	46M	52M	26M
Total Equity	6.93B	7.79B	8.1B	8.12B	7.97B
Total Liabilities And Equity	14.62B	13.66B	12.44B	11.72B	17.08B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	11.61M	11.61M	11.61M	11.61M	11.61M
ECS Total Common Shares Outstanding	11.61M	11.61M	11.61M	11.61M	11.61M
Book Value / Share	595.05	667.33	693.43	695.34	684.4
Tangible Book Value	6.9B	7.74B	8.05B	8.07B	7.94B
Tangible Book Value Per Share	594.62	666.98	693.09	694.99	684.06
Total Debt	4.5B	3.46B	2.85B	2.21B	3.86B
Net Debt	1.24B	231M	-1.92B	-1.64B	-2.75B
Debt Equivalent of Unfunded Proj. Benefit Obligation	288M	306M	316M	301M	290M
Minority Interest, Total (Incl. Fin. Div)	25M	46M	46M	52M	26M
Inventories - Finished Goods, Total	3.45B	2.08B	1.02B	760M	2.51B
Full Time Employees	139	133	133	128	135
Accumulated Allowance for Doubtful Accounts (Supple)	4M	2M	1M	1M	178M
Order Backlog	6.32B	5.31B	3.3B	2.44B	5.93B

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	627M	1.24B	455M	143M	120M
Depreciation & Amortization - CF	59M	57M	57M	55M	51M
Depreciation & Amortization, Total	59M	57M	57M	55M	51M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-287M
Other Operating Activities, Total	-161M	-311M	-374M	9M	-50M
Change In Accounts Receivable	255M	-343M	1.09B	-623M	-328M
Change In Inventories	-1.8B	1.42B	1.07B	269M	-1.69B
Change In Accounts Payable	-60M	-240M	-656M	-9M	1.5B
Change in Other Net Operating Assets	373M	-781M	577M	-88M	1.48B
Cash from Operations	-709M	1.04B	2.23B	-244M	794M
Capital Expenditure	-37M	-13M	-35M	-7M	-5M
Sale of Property, Plant, and Equipment	-	-	-	2M	-
Cash Acquisitions	-	-	-	-	-227M
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	366M
Other Investing Activities, Total	22M	-7M	6M	3M	4M
Cash from Investing	-15M	-20M	-29M	-2M	138M
Short Term Debt Issued, Total	800M	-	-	-	1.5B
Long-Term Debt Issued, Total	900M	950M	600M	400M	900M
Total Debt Issued	1.7B	950M	600M	400M	2.4B
Short Term Debt Repaid, Total	-	-800M	-	-	-
Long-Term Debt Repaid, Total	-1.13B	-1.19B	-1.21B	-1.04B	-750M
Total Debt Repaid	-1.13B	-1.99B	-1.21B	-1.04B	-750M
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-58M	-58M	-93M	-116M	-58M
Common & Preferred Stock Dividends Paid	-58M	-58M	-93M	-116M	-58M
Other Financing Activities, Total	-11M	-10M	-10M	-11M	-11M
Cash from Financing	497M	-1.1B	-716M	-763M	1.58B
Foreign Exchange Rate Adjustments	74M	53M	62M	86M	198M
Miscellaneous Cash Flow Adjustments	-	-	-	-1M	2M
Net Change in Cash	-153M	-33M	1.54B	-924M	2.71B
Supplemental Items
Cash Interest Paid	28M	26M	26M	24M	31M
Cash Income Tax Paid (Refund)	161M	311M	375M	-9M	45M
Levered Free Cash Flow	-970M	745M	2.03B	-402M	1.05B
Unlevered Free Cash Flow	-953M	762M	2.04B	-387M	1.07B
Change In Net Working Capital	1.26B	-88M	-1.78B	428M	-1.14B
Net Debt Issued / Repaid	566M	-1.04B	-613M	-636M	1.65B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.11	4.46	1.85	-0.06	-0.86
Return on Total Capital	2.64	5.56	2.17	-0.06	-1.12
Return On Equity %	6.46	11.86	3.78	0	0.35
Return on Common Equity	6.55	11.67	3.85	-0.01	0.69
Margin Analysis
Gross Profit Margin %	15.78	15.21	19.39	17.6	13.8
SG&A Margin	12.82	10.65	16.4	17.69	15.28
EBITDA Margin %	3.32	4.82	3.44	0.37	-1.11
EBITA Margin %	2.94	4.57	3	-0.09	-1.49
EBIT Margin %	2.94	4.57	3	-0.09	-1.49
Income From Continuing Operations Margin %	2.75	3.95	2.33	0	0.21
Net Income Margin %	2.78	3.87	2.36	-0.01	0.41
Net Avail. For Common Margin %	2.78	3.87	2.36	-0.01	0.41
Normalized Net Income Margin	2.55	3.41	2.24	0.74	-0.01
Levered Free Cash Flow Margin	-6.19	3.37	15.74	-3.37	7.85
Unlevered Free Cash Flow Margin	-6.08	3.45	15.87	-3.24	7.97
Asset Turnover
Asset Turnover	1.15	1.56	0.99	0.99	0.93
Fixed Assets Turnover	7.27	10.31	6.06	5.74	6.59
Receivables Turnover (Average Receivables)	6.53	8.91	6.07	6.2	5.64
Inventory Turnover (Average Inventory)	5.23	6.78	6.71	11.04	7.06
Short Term Liquidity
Current Ratio	2.13	2.96	3.94	4.28	1.87
Quick Ratio	1.37	2.2	3.27	3.72	1.41
Operating Cash Flow to Current Liabilities	-0.15	0.33	1.07	-0.14	0.11
Days Sales Outstanding (Average Receivables)	55.88	40.97	60.14	59.01	64.71
Days Outstanding Inventory (Average Inventory)	69.78	53.83	54.43	33.16	51.69
Average Days Payable Outstanding	32.53	24.45	31.57	21.67	37.48
Cash Conversion Cycle (Average Days)	93.13	70.35	82.99	70.5	78.91
Long Term Solvency
Total Debt/Equity	64.85	44.39	35.15	27.19	48.41
Total Debt / Total Capital	39.34	30.74	26.01	21.38	32.62
LT Debt/Equity	36.75	30.17	23.49	18.22	22.19
Long-Term Debt / Total Capital	22.29	20.89	17.38	14.32	14.95
Total Liabilities / Total Assets	52.57	42.96	34.9	30.69	53.34
EBIT / Interest Expense	16.46	37.33	14.85	-0.46	-7.96
EBITDA / Interest Expense	18.57	39.44	17.04	1.83	-5.92
(EBITDA - Capex) / Interest Expense	17.25	38.96	15.69	1.54	-6.12
Total Debt / EBITDA	8.65	3.25	6.42	50.2	-26.07
Net Debt / EBITDA	2.38	0.22	-4.35	-37.2	18.58
Total Debt / (EBITDA - Capex)	9.31	3.29	6.98	59.7	-25.22
Net Debt / (EBITDA - Capex)	2.56	0.22	-4.72	-44.24	17.97
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	33.16	40.79	-41.66	-7.39	12.2
Gross Profit, 1 Yr. Growth %	16.42	35.73	-25.61	-15.93	-12.05
EBITDA, 1 Yr. Growth %	39.41	104.81	-58.4	-90.07	-436.36
EBITA, 1 Yr. Growth %	43.17	118.66	-61.71	-102.85	1.71K
EBIT, 1 Yr. Growth %	43.17	118.66	-61.71	-102.85	1.71K
Earnings From Cont. Operations, 1 Yr. Growth %	34.58	102.08	-65.64	-100	-
Net Income, 1 Yr. Growth %	39.3	96.1	-64.44	-100.33	-5.6K
Normalized Net Income, 1 Yr. Growth %	43.3	88.49	-61.72	-69.35	-101.98
Diluted EPS Before Extra, 1 Yr. Growth %	40.88	96.1	-64.44	-100.33	-5.6K
Accounts Receivable, 1 Yr. Growth %	-8.3	15.8	-40.41	42.71	9.81
Inventory, 1 Yr. Growth %	114.84	-39.76	-50.82	-25.56	230
Net Property, Plant and Equip., 1 Yr. Growth %	-1.56	0.23	-1.77	-2.47	-2.24
Total Assets, 1 Yr. Growth %	14.96	-6.53	-8.98	-5.75	45.76
Tangible Book Value, 1 Yr. Growth %	7.76	12.17	3.91	0.27	-1.57
Common Equity, 1 Yr. Growth %	7.74	12.15	3.91	0.27	-1.57
Cash From Operations, 1 Yr. Growth %	-13.54	-246.4	114.45	-110.96	-425.41
Capital Expenditures, 1 Yr. Growth %	-94.35	-64.86	169.23	-80	-28.57
Levered Free Cash Flow, 1 Yr. Growth %	-40.13	-176.79	172.17	-119.82	-361.52
Unlevered Free Cash Flow, 1 Yr. Growth %	-40.73	-179.97	168.27	-118.92	-375.7
Dividend Per Share, 1 Yr. Growth %	0	60	-37.5	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	16.2	36.92	-9.37	-26.49	1.94
Gross Profit, 2 Yr. CAGR %	-0.84	25.71	0.48	-20.92	-14.01
EBITDA, 2 Yr. CAGR %	0.29	68.97	-7.7	-79.67	-42.2
EBITA, 2 Yr. CAGR %	-1.07	76.93	-8.5	-89.55	-28.2
EBIT, 2 Yr. CAGR %	-1.07	76.93	-8.5	-89.55	-28.2
Earnings From Cont. Operations, 2 Yr. CAGR %	-3.41	64.91	-16.67	-	-69.45
Net Income, 2 Yr. CAGR %	-1.46	65.28	-16.5	-96.58	-57.47
Normalized Net Income, 2 Yr. CAGR %	8.96	64.35	-15.05	-65.75	-92.21
Diluted EPS Before Extra, 2 Yr. CAGR %	-0.26	66.21	-16.5	-96.58	-57.46
Accounts Receivable, 2 Yr. CAGR %	29.96	3.05	-16.93	-7.78	25.19
Inventory, 2 Yr. CAGR %	18.94	13.77	-45.57	-39.49	56.73
Net Property, Plant and Equip., 2 Yr. CAGR %	-6.12	-0.67	-0.77	-2.12	-2.35
Total Assets, 2 Yr. CAGR %	15.13	3.66	-7.76	-7.38	17.21
Tangible Book Value, 2 Yr. CAGR %	5.39	9.94	7.96	2.08	-0.65
Common Equity, 2 Yr. CAGR %	5.33	9.92	7.95	2.08	-0.65
Cash From Operations, 2 Yr. CAGR %	89.71	12.51	77.19	-51.52	-40.28
Capital Expenditures, 2 Yr. CAGR %	115.06	-85.91	-2.74	-26.62	-62.2
Levered Free Cash Flow, 2 Yr. CAGR %	190.96	-32.2	44.57	-26.56	-28.01
Unlevered Free Cash Flow, 2 Yr. CAGR %	177.91	-31.16	46.47	-28.75	-27.77
Dividend Per Share, 2 Yr. CAGR %	0	26.49	0	-20.94	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.71	23.88	3.03	-8.71	-15.36
Gross Profit, 3 Yr. CAGR %	-1.02	10.1	5.54	-5.32	-18.07
EBITDA, 3 Yr. CAGR %	1.72	27.24	5.9	-56.1	-48.2
EBITA, 3 Yr. CAGR %	0.81	28.87	6.23	-71.21	-41.77
EBIT, 3 Yr. CAGR %	0.81	28.87	6.23	-71.21	-41.77
Earnings From Cont. Operations, 3 Yr. CAGR %	32.19	23.54	-2.23	-	-68.23
Net Income, 3 Yr. CAGR %	31.44	23.95	-0.97	-86.81	-59.93
Normalized Net Income, 3 Yr. CAGR %	7.41	30.8	1.12	-39.53	-86.76
Diluted EPS Before Extra, 3 Yr. CAGR %	32.51	24.96	-0.59	-86.81	-59.93
Accounts Receivable, 3 Yr. CAGR %	23.99	25.06	-14.15	-0.51	-2.26
Inventory, 3 Yr. CAGR %	27.23	-5.19	-13.98	-39.58	6.5
Net Property, Plant and Equip., 3 Yr. CAGR %	-4.4	-4.05	-1.04	-1.34	-2.16
Total Assets, 3 Yr. CAGR %	14.25	7.4	-0.74	-7.1	7.73
Tangible Book Value, 3 Yr. CAGR %	5.96	7.6	7.89	5.34	0.85
Common Equity, 3 Yr. CAGR %	5.87	7.55	7.88	5.33	0.84
Cash From Operations, 3 Yr. CAGR %	-0.74	74.01	39.5	-29.92	-8.54
Capital Expenditures, 3 Yr. CAGR %	-57.68	17.57	-62.33	-42.59	-27.28
Levered Free Cash Flow, 3 Yr. CAGR %	56.84	86.63	7.76	-25.46	12.15
Unlevered Free Cash Flow, 3 Yr. CAGR %	54.13	83.47	8.34	-25.95	11.86
Dividend Per Share, 3 Yr. CAGR %	0	16.96	0	0	-14.5
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.7	20.81	-0.6	0.54	2.59
Gross Profit, 5 Yr. CAGR %	1.34	11.45	-0.42	-3.55	-2.77
EBITDA, 5 Yr. CAGR %	2.35	37.21	-2.16	-38.91	-16.88
EBITA, 5 Yr. CAGR %	2.32	42.1	-3.02	-52.83	-9.18
EBIT, 5 Yr. CAGR %	2.32	42.1	-3.02	-52.83	-9.18
Earnings From Cont. Operations, 5 Yr. CAGR %	10.02	39.37	9.91	-	-38.61
Net Income, 5 Yr. CAGR %	9.74	40.89	9.63	-70.52	-29.37
Normalized Net Income, 5 Yr. CAGR %	6.23	41.72	-2.21	-23.47	-63.73
Diluted EPS Before Extra, 5 Yr. CAGR %	10.26	41.58	10.16	-70.38	-29.21
Accounts Receivable, 5 Yr. CAGR %	10.1	9.8	5.64	10.71	-0.17
Inventory, 5 Yr. CAGR %	26.33	13.61	-9.4	-20.78	9.35
Net Property, Plant and Equip., 5 Yr. CAGR %	0.55	0.62	-2.96	-3.28	-1.57
Total Assets, 5 Yr. CAGR %	12.03	8.77	4.88	1.23	6.08
Tangible Book Value, 5 Yr. CAGR %	4.2	6.13	6.76	5.36	4.39
Common Equity, 5 Yr. CAGR %	4.12	6.04	6.7	5.33	4.38
Cash From Operations, 5 Yr. CAGR %	7.36	20.95	25.15	4.37	-0.64
Capital Expenditures, 5 Yr. CAGR %	14.26	21.06	-40.96	-2.64	-62.28
Levered Free Cash Flow, 5 Yr. CAGR %	19.09	8.37	51.81	28.52	-8.3
Unlevered Free Cash Flow, 5 Yr. CAGR %	18.15	9.13	51.02	25.68	-7.88
Dividend Per Share, 5 Yr. CAGR %	-7.79	9.86	0	0	0