JP-listed companies
FUKUDA CORPORATION

FUKUDA CORPORATIONJP:1899

Market cap

¥50B

P/E ratio

11.4x

Income statement Balance sheet Cash flow

	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Net sales of completed construction contracts	100,553	116,582	132,162	139,245	155,990	153,235	158,710	166,911	168,561	161,925	136,816	146,066
Sales in real estate business	2,926	2,850	6,456	5,435	4,947	3,101	2,639	2,508	3,518	4,387	2,957	2,129
Net sales	111,431	127,365	146,241	154,067	172,749	167,659	173,928	182,088	185,764	179,846	154,358	162,243
Sales in other businesses	7,951	7,932	7,622	9,386	11,812	11,321	12,578	12,667	13,683	13,533	14,584	14,046
Net sales	111,431	127,365	146,241	154,067	172,749	167,659	173,928	182,088	185,764	179,846	154,358	162,243
Cost of sales of completed construction contracts	92,907	106,959	120,682	124,472	138,261	136,348	142,942	151,272	152,361	146,029	124,433	133,822
Cost of sales in real estate business	2,267	2,367	5,614	3,593	2,993	2,137	2,076	1,833	2,889	3,475	2,119	1,531
Cost of sales in other businesses	6,699	6,777	6,672	8,733	11,674	11,264	11,146	10,912	11,441	11,596	12,633	11,927
Cost of sales	101,874	116,104	132,969	136,799	152,930	149,750	156,165	164,018	166,692	161,102	139,186	147,281
Cost of sales	101,874	116,104	132,969	136,799	152,930	149,750	156,165	164,018	166,692	161,102	139,186	147,281
Gross profit (loss) on completed construction contracts	7,645	9,623	11,480	14,772	17,728	16,887	15,768	15,638	16,200	15,895	12,382	12,243
Gross profit (loss) - real estate business	658	483	841	1,841	1,953	964	562	675	629	912	838	598
Gross profit (loss) - other business	1,252	1,154	950	653	137	57	1,431	1,755	2,242	1,936	1,951	2,119
Gross profit (loss)	9,556	11,261	13,272	17,268	19,819	17,908	17,762	18,069	19,071	18,744	15,172	14,961
Gross profit (loss)	9,556	11,261	13,272	17,268	19,819	17,908	17,762	18,069	19,071	18,744	15,172	14,961
Selling, general and administrative expenses	6,743	7,108	7,604	9,101	10,124	9,916	9,707	10,014	10,165	9,852	9,963	9,756
Retirement benefit expenses	235	147	115	127	198	171	146	112	125	124	113	149
Provision for share awards	-	-	-	-	-	-	-	15	16	15	11	6
Provision for share awards for directors (and other officers)	-	-	-	-	-	-	-	11	8	9	13	-
Selling, general and administrative expenses	6,743	7,108	7,604	9,101	10,124	9,916	9,707	10,014	10,165	9,852	9,963	9,756
Operating profit (loss)	2,813	4,153	5,667	8,166	9,695	7,991	8,055	8,055	8,905	8,891	5,208	5,205
Interest income	30	17	14	11	10	8	19	17	17	14	14	17
Dividend income	69	75	96	96	107	127	116	134	127	143	147	164
Dividend income	69	75	96	96	107	127	116	134	127	143	147	164
Rental income from land and buildings	-	-	-	-	32	50	36	42	32	24	23	23
Share of profit of entities accounted for using equity method	89	78	56	32	2	13	211	15	19	9	8	29
Rental income from land and buildings	-	-	-	-	32	50	36	42	32	24	23	23
Other	209	197	268	161	183	167	162	202	140	204	150	115
Reversal of allowance for doubtful accounts	-	-	648	139	71	-	-	-	-	-	-	-
Non-operating income	610	573	1,136	441	375	366	545	413	337	397	346	350
Non-operating income	610	573	1,136	441	375	366	545	413	337	397	346	350
Interest expenses	339	273	218	149	61	39	34	45	47	41	34	24
Prepayment guarantee fee	-	-	36	38	32	33	30	28	38	27	24	24
Provision of allowance for doubtful accounts	6	163	61	-	-	-	-	-	44	-	1	-
Commission for syndicated loans	-	66	58	27	45	42	37	34	33	32	27	21
Provision of allowance for doubtful accounts	6	163	61	-	-	-	-	-	44	-	1	-
Prepayment guarantee fee	-	-	36	38	32	33	30	28	38	27	24	24
Other	173	145	79	28	43	53	88	9	40	39	14	7
Non-operating expenses	519	582	417	244	182	168	191	117	205	141	103	77
Ordinary profit (loss)	2,904	4,144	6,386	8,363	9,888	8,190	8,410	8,350	9,038	9,147	5,451	5,478
Gain on sale of non-current assets	183	320	310	49	23	14	17	120	101	29	8	17
Gain on sale of investment securities	4	-	2	246	17	-	21	56	-	35	18	123
Other	9	8	6	1	6	7	17	-	-	-	-	2
Reversal of provision for loss on liquidation of subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	36	-
Extraordinary income	486	330	318	813	120	74	220	176	151	64	69	143
Reversal of provision for loss on guarantees	-	-	-	-	-	-	-	-	-	-	6	-
Other	9	8	6	1	6	7	17	-	-	-	-	2
Extraordinary income	486	330	318	813	120	74	220	176	151	64	69	143
Loss on retirement of non-current assets	64	25	56	64	111	90	94	63	71	23	32	12
Loss on valuation of investment securities	2	-	1	-	4	3	15	1	158	13	-	-
Impairment losses	398	226	835	-	237	16	45	89	41	155	30	345
Provision for loss on litigation	-	-	73	-	-	-	-	-	75	-	-	32
Other	-	2	73	7	-	4	11	2	18	13	2	15
Extraordinary losses	510	758	1,041	124	447	186	180	240	365	413	65	405
Profit (loss) before income taxes	2,880	3,717	5,663	9,053	9,560	8,079	8,451	8,286	8,824	8,799	5,455	5,217
Income taxes - current	249	471	595	792	1,255	2,287	2,506	2,825	2,718	2,748	1,831	1,878
Income taxes - deferred	-131	-94	-579	-353	-248	522	270	-57	80	138	-74	-109
Income taxes	118	408	15	438	1,007	2,809	2,777	2,767	2,798	2,887	1,757	1,769
Profit (loss)	-	-	-	8,614	8,553	5,269	5,673	5,519	6,026	5,911	3,698	3,447
Profit (loss) attributable to non-controlling interests	-	-	-	40	70	78	29	43	47	47	47	61
Profit (loss) attributable to owners of parent	-	-	-	8,573	8,482	5,191	5,643	5,475	5,979	5,864	3,650	3,386