JP-listed companies
West Holdings corporation

West Holdings corporationJP:1407

Market cap

¥121.3B

P/E ratio

20.2x

Income statement Balance sheet Cash flow

	Aug 31, 2012	Aug 31, 2013	Aug 31, 2014	Aug 31, 2015	Aug 31, 2016	Aug 31, 2017	Aug 31, 2018	Aug 31, 2019	Aug 31, 2020	Aug 31, 2021	Aug 31, 2022	Aug 31, 2023
Cash and deposits	-	11,696	19,514	21,870	29,903	27,839	36,397	33,883	31,000	35,937	27,597	46,150
Accounts receivable - trade	-	-	-	-	-	-	-	-	-	-	1,336	863
Lease receivables	-	-	-	-	-	472	1,657	3,073	4,278	5,102	5,411	5,564
Accounts receivable from completed construction contracts	-	9,218	9,441	7,787	5,046	4,534	2,093	5,280	4,493	7,696	9,581	9,587
Merchandise	-	2,405	5,277	2,413	1,152	644	521	1,933	4,946	6,613	14,266	11,998
Real estate for sale	-	132	174	555	880	1,244	698	2,657	2,785	2,167	426	326
Other	-	1,158	609	2,116	2,223	2,450	1,523	1,663	1,951	2,611	4,605	7,382
Costs on construction contracts in progress	-	1,818	2,049	2,494	4,295	6,394	5,637	9,422	11,142	11,863	2,161	2,295
Current assets	-	27,766	39,624	38,869	45,200	46,218	57,307	66,083	67,446	79,550	65,022	83,973
Raw materials and supplies	-	111	230	98	132	21	11	5	26	-	41	14
Other	-	1,158	609	2,116	2,223	2,450	1,523	1,663	1,951	2,611	4,605	7,382
Allowance for doubtful accounts	-	-151	-41	-29	-161	-178	-165	-135	-198	-290	-407	-210
Current assets	-	27,766	39,624	38,869	45,200	46,218	57,307	66,083	67,446	79,550	65,022	83,973
Buildings and structures	-	1,267	1,161	905	1,046	1,910	2,121	2,071	2,109	2,358	2,674	2,691
Accumulated depreciation	-	-710	-688	-579	-606	-674	-813	-904	-1,000	-1,105	-1,163	-1,274
Buildings and structures, net	-	557	473	325	439	1,236	1,307	1,167	1,109	1,253	1,510	1,416
Machinery, equipment and vehicles	-	141	1,064	5,458	8,191	16,037	15,739	16,143	14,923	14,248	24,784	27,359
Accumulated depreciation	-	-117	-132	-608	-973	-4,439	-5,372	-6,290	-6,247	-4,669	-5,465	-6,961
Machinery, equipment and vehicles, net	-	24	932	4,850	7,218	11,598	10,367	9,853	8,675	9,579	19,318	20,397
Land	-	661	538	555	779	834	1,064	1,114	1,510	3,521	7,132	8,780
Construction in progress	-	-	612	2,799	321	80	-	-	-	-	-	-
Other	-	442	433	458	1,426	2,878	2,978	2,910	2,913	2,997	2,708	2,650
Accumulated depreciation	-	-334	-341	-365	-427	-732	-1,142	-1,518	-1,893	-2,265	-2,175	-2,404
Other, net	-	108	93	93	998	2,145	1,835	1,392	1,020	731	532	246
Property, plant and equipment	-	1,350	2,648	8,622	9,757	15,895	14,576	13,526	12,315	15,086	28,494	30,841
Other	-	105	77	128	125	118	169	-	-	-	-	-
Intangible assets	-	141	77	242	207	169	169	156	234	353	4,290	4,174
Intangible assets	-	141	77	242	207	169	169	156	234	353	4,290	4,174
Investment securities	-	786	782	926	779	484	437	457	467	329	849	1,209
Long-term loans receivable	-	138	337	391	190	176	149	134	110	109	86	225
Deferred tax assets	-	-	-	-	-	-	-	573	504	497	1,363	1,414
Other	-	662	881	971	1,136	1,359	1,328	1,298	1,319	1,457	1,429	2,071
Allowance for doubtful accounts	-	-197	-222	-47	-36	-37	-36	-66	-98	-104	-118	-108
Deferred tax assets	-	-	-	-	-	-	-	573	504	497	1,363	1,414
Investments and other assets	-	1,410	1,832	2,342	2,491	2,199	2,133	2,396	2,303	2,288	3,610	4,812
Other	-	662	881	971	1,136	1,359	1,328	1,298	1,319	1,457	1,429	2,071
Allowance for doubtful accounts	-	-197	-222	-47	-36	-37	-36	-66	-98	-104	-118	-108
Investments and other assets	-	1,410	1,832	2,342	2,491	2,199	2,133	2,396	2,303	2,288	3,610	4,812
Non-current assets	-	2,901	4,557	11,207	12,457	18,265	16,879	16,079	14,853	17,728	36,395	39,828
Assets	-	30,668	44,181	50,077	57,658	64,483	74,134	82,162	82,299	97,278	101,418	123,802
Notes and accounts payable - trade	-	5,841	5,083	4,119	3,083	2,386	4,944	5,021	3,818	6,095	2,175	644
Short-term borrowings	-	6,077	9,295	12,244	9,293	9,765	11,255	14,802	14,775	20,725	15,031	17,866
Accounts payable for construction contracts	-	2,160	3,184	2,859	2,139	2,058	988	1,514	1,444	2,061	2,634	3,039
Current portion of bonds payable	-	177	620	938	900	1,000	500	400	140	190	140	140
Current portion of bonds payable	-	177	620	938	900	1,000	500	400	140	190	140	140
Short-term borrowings	-	6,077	9,295	12,244	9,293	9,765	11,255	14,802	14,775	20,725	15,031	17,866
Income taxes payable	-	2,192	1,884	186	591	101	2,044	1,128	718	2,083	444	319
Income taxes payable	-	2,192	1,884	186	591	101	2,044	1,128	718	2,083	444	319
Provision for warranties for completed construction	-	-	-	153	237	280	583	652	441	194	195	176
Provision for loss on business withdrawal from electric power business	-	-	-	-	-	-	-	-	-	-	1,126	-
Other	-	2,976	4,013	1,920	4,206	4,839	5,076	4,962	5,772	6,668	1,534	2,930
Contract liabilities	-	-	-	-	-	-	-	-	-	-	5,383	5,765
Current liabilities	-	19,483	24,124	25,184	20,455	20,432	25,392	28,483	27,112	38,018	28,665	30,882
Other	-	2,976	4,013	1,920	4,206	4,839	5,076	4,962	5,772	6,668	1,534	2,930
Current liabilities	-	19,483	24,124	25,184	20,455	20,432	25,392	28,483	27,112	38,018	28,665	30,882
Bonds payable	-	158	1,538	2,500	1,600	1,050	550	150	190	450	310	170
Long-term borrowings	-	4,435	6,924	8,263	19,936	26,641	30,437	34,853	33,531	32,409	43,584	60,078
Asset retirement obligations	-	24	58	272	297	601	610	619	553	705	959	962
Asset retirement obligations	-	24	58	272	297	601	610	619	553	705	959	962
Deferred tax liabilities	-	-	-	-	-	-	-	45	178	37	13	-
Other	-	107	193	233	517	653	513	427	374	325	332	305
Other	-	107	193	233	517	653	513	427	374	325	332	305
Non-current liabilities	-	4,728	8,916	12,211	23,828	30,028	32,813	36,095	34,828	33,928	45,199	61,516
Non-current liabilities	-	4,728	8,916	12,211	23,828	30,028	32,813	36,095	34,828	33,928	45,199	61,516
Liabilities	-	24,212	33,040	37,395	44,284	50,460	58,205	64,578	61,940	71,946	73,865	92,399
Share capital	-	2,021	2,021	2,021	2,020	2,020	2,020	2,020	2,020	2,020	2,020	2,020
Capital surplus	-	728	728	728	728	728	728	728	728	728	734	756
Capital surplus	-	728	728	728	728	728	728	728	728	728	734	756
Retained earnings	-	3,683	8,361	10,409	12,142	12,765	14,673	17,420	20,737	25,824	28,049	31,830
Retained earnings	-	3,683	8,361	10,409	12,142	12,765	14,673	17,420	20,737	25,824	28,049	31,830
Treasury shares	-	-11	-11	-542	-1,542	-1,542	-1,542	-2,542	-3,121	-3,216	-3,255	-3,270
Shareholders' equity	-	6,421	11,100	12,615	13,348	13,971	15,879	17,627	20,365	25,356	27,550	31,337
Valuation difference on available-for-sale securities	-	-4	9	65	8	26	24	-72	-44	-37	-6	48
Valuation and translation adjustments	-	-4	9	65	8	36	33	-58	-22	-40	-13	50
Foreign currency translation adjustment	-	-	-	-	-	-	-1	-1	2	-3	-6	1
Valuation and translation adjustments	-	-4	9	65	8	36	33	-58	-22	-40	-13	50
Net assets	3,692	6,456	11,141	12,682	13,373	14,023	15,929	17,584	20,359	25,331	27,552	31,403
Non-controlling interests	-	-	-	2	15	15	15	15	15	15	15	15
Net assets	3,692	6,456	11,141	12,682	13,373	14,023	15,929	17,584	20,359	25,331	27,552	31,403
Liabilities and net assets	-	30,668	44,181	50,077	57,658	64,483	74,134	82,162	82,299	97,278	101,418	123,802