- JP-listed companies
- Sumitomo Forestry Co.,Ltd.
Sumitomo Forestry Co.,Ltd.JP:1911
Market cap
¥1.4T
P/E ratio
11.1x
| Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | |
| Profit (loss) before income taxes | 26,148 | 34,629 | 34,738 | 26,243 | 58,523 | 58,538 | 56,618 | 55,118 | 50,211 | 133,932 | 188,385 | 161,353 |
| Depreciation | 8,978 | 9,810 | 11,453 | 11,753 | 12,887 | 13,727 | 13,696 | 14,388 | 11,503 | 16,491 | 17,911 | 19,918 |
| Impairment losses | 211 | 436 | 1,112 | 4,692 | 30 | 5,727 | 126 | 389 | - | 3,819 | 6,609 | - |
| Amortization of goodwill | 267 | 847 | 1,957 | 2,190 | 2,274 | 5,448 | 6,418 | 6,143 | 1,055 | 2,110 | 2,741 | 5,765 |
| Increase (decrease) in allowance for doubtful accounts | -1,074 | -831 | 499 | -492 | 48 | 92 | -1,341 | 35 | 7 | -177 | 164 | 27 |
| Increase (decrease) in provision for bonuses | 460 | 964 | -617 | 1,009 | 282 | 123 | 1,457 | 1,021 | 3,305 | 4,599 | 217 | -4,251 |
| Increase (decrease) in provision for bonuses for directors (and other officers) | 15 | 10 | 15 | -5 | 16 | - | -3 | - | -37 | 59 | -2 | -19 |
| Increase (decrease) in provision for warranties for completed construction | -131 | 88 | 132 | 103 | 903 | -407 | 137 | 1,681 | 963 | 1,085 | -456 | 1,496 |
| Increase (decrease) in provision for retirement benefits for directors (and other officers) | 4 | -21 | 11 | 6 | -2 | 11 | 15 | -2 | -14 | -8 | -19 | 3 |
| Increase (decrease) in retirement benefit liability | - | 1,082 | 469 | 10,887 | -5,117 | -2,621 | 3,154 | 2,814 | -4,052 | -2,760 | -5,716 | -5,197 |
| Interest and dividend income | -1,332 | -1,520 | -1,624 | -1,824 | -1,896 | -1,885 | -2,114 | -2,003 | -1,468 | -2,068 | -2,897 | -4,011 |
| Interest expenses | 1,270 | 1,127 | 1,136 | 1,236 | 1,560 | 1,387 | 2,015 | 2,706 | 1,830 | 2,219 | 3,124 | 4,338 |
| Share of loss (profit) of entities accounted for using equity method | 140 | 522 | -1,021 | -761 | -3,053 | -3,026 | -1,715 | -8,097 | -3,318 | -17,782 | -25,753 | -8,338 |
| Loss (gain) on sale of short-term and long-term investment securities | -30 | -29 | -124 | -33 | -88 | -108 | -4,740 | -3 | - | -2,222 | -6,970 | -1,935 |
| Decrease (increase) in notes and accounts receivable-trade and contract assets | - | - | - | - | - | - | - | - | - | - | -13,316 | 7,731 |
| Decrease (increase) in inventories | 10,401 | -551 | -7,257 | -13,249 | -16,920 | -38,473 | -21,173 | -7,415 | -10,951 | -67,205 | -102,094 | -49,042 |
| Decrease (increase) in other current assets | -4,920 | -4,948 | 9,391 | -3,739 | 307 | 4,447 | -3,959 | -1,986 | -3,710 | -14,893 | -3,329 | -11,882 |
| Increase (decrease) in trade payables | 11,451 | 16,631 | -23,159 | 10,258 | 5,027 | 752 | 6,118 | -10,506 | 1,106 | 46,023 | 9,050 | 12,270 |
| Increase (decrease) in advances received | 864 | -297 | 712 | 68 | 568 | 869 | 1,122 | 1,041 | 4,151 | 5,487 | 2,584 | 102 |
| Increase (decrease) in contract liabilities | - | - | - | - | - | - | - | - | - | - | -15 | -813 |
| Increase (decrease) in accrued consumption taxes | -108 | 221 | -651 | 4,585 | -1,396 | -1,431 | 212 | -1,142 | 1,478 | 3,332 | -2,079 | 2,731 |
| Increase (decrease) in other current liabilities | -719 | -521 | 137 | 740 | 1,057 | 1,653 | 993 | 2,274 | 6,907 | -4,627 | 7,780 | 2,848 |
| Other, net | 104 | 1,506 | 659 | 3,745 | -574 | 2,084 | 1,457 | -847 | 3,633 | 1,803 | -4,385 | 3,970 |
| Subtotal | 56,617 | 64,218 | 29,031 | 55,877 | 55,449 | 30,507 | 51,482 | 54,987 | 55,682 | 92,389 | 71,536 | 137,064 |
| Interest and dividends received | 1,403 | 1,945 | 2,205 | 3,776 | 4,778 | 3,948 | 6,337 | 10,991 | 8,473 | 25,093 | 34,722 | 23,221 |
| Interest paid | -1,316 | -1,224 | -1,172 | -1,061 | -1,488 | -1,438 | -2,027 | -2,697 | -1,880 | -2,310 | -3,010 | -4,272 |
| Income taxes paid | -10,794 | -10,882 | -15,355 | -12,888 | -18,402 | -19,286 | -15,103 | -17,557 | -15,435 | -23,596 | -47,972 | -30,713 |
| Net cash provided by (used in) operating activities | 45,910 | 54,057 | 14,709 | 45,705 | 40,337 | 13,732 | 40,689 | 45,724 | 46,840 | 91,576 | 55,276 | 125,300 |
| Payments into time deposits | -74,356 | -30,457 | -45,110 | -30,237 | -20,830 | -20,526 | -5,236 | -7,273 | -288 | -5,230 | -5,212 | -5,102 |
| Proceeds from withdrawal of time deposits | 56,021 | 40,099 | 35,411 | 58,436 | 11,759 | 35,514 | 5,294 | 5,298 | 2,259 | 538 | 5,222 | 10,061 |
| Decrease (increase) in short-term loans receivable | -2,758 | 164 | 3,126 | -1,667 | 3,408 | 391 | 138 | 304 | 645 | -78 | -2,562 | 1,292 |
| Proceeds from sale and redemption of securities | - | - | - | - | - | - | 10 | 305 | 544 | 204 | 2 | - |
| Purchase of property, plant and equipment | -6,692 | -14,403 | -12,075 | -19,526 | -48,946 | -14,827 | -20,204 | -21,998 | -25,390 | -20,614 | -31,999 | -28,394 |
| Proceeds from sale of property, plant and equipment | 2,549 | 5,379 | 4,783 | 3,291 | 4,480 | 3,275 | 1,584 | 2,816 | 2,780 | 3,944 | 6,004 | 3,861 |
| Purchase of intangible assets | -2,525 | -2,912 | -2,480 | -1,997 | -2,556 | -2,183 | -2,839 | -3,156 | -2,487 | -3,664 | -4,666 | -4,498 |
| Purchase of investment securities | -1,047 | -9,071 | -997 | -9,632 | -3,994 | -42,710 | -13,556 | -15,810 | -9,189 | -14,430 | -26,247 | -32,811 |
| Proceeds from sale and redemption of investment securities | - | - | - | - | 386 | 3,507 | 8,901 | 6 | 267 | 3,312 | 17,041 | 4,287 |
| Payments for acquisition of businesses | - | - | - | - | - | - | - | - | -13,960 | -3,513 | -3,648 | -3,974 |
| Purchase of shares of subsidiaries resulting in change in scope of consolidation | - | -4 | -7,353 | -7,867 | -7,585 | -7,661 | -46,771 | -1,158 | - | - | -2,165 | -49,242 |
| Proceeds from purchase of shares of subsidiaries resulting in change in scope of consolidation | - | - | - | - | - | - | - | - | - | 2,098 | 328 | - |
| Long-term loan advances | -24 | -11 | -2,728 | -803 | -853 | -148 | -1,342 | -1,771 | -1,524 | -2,207 | -5,734 | -7,726 |
| Proceeds from collection of long-term loans receivable | 706 | 770 | 596 | 20 | 106 | 1,070 | 1,741 | 262 | 43 | 688 | 2,822 | 942 |
| Other payments | -1,152 | -1,176 | -876 | -1,569 | -1,415 | -2,977 | -2,186 | -3,762 | -2,435 | -3,161 | -3,197 | -4,705 |
| Other proceeds | 529 | 994 | 832 | 1,381 | 602 | 1,027 | 2,807 | 7,065 | 4,100 | 1,859 | 1,626 | 3,513 |
| Net cash provided by (used in) investing activities | -28,662 | -10,476 | -23,575 | -9,972 | -62,350 | -46,250 | -71,659 | -38,874 | -44,635 | -40,254 | -52,385 | -112,497 |
| Net increase (decrease) in short-term borrowings | -379 | -3,074 | -2,352 | 5,893 | 12,774 | 3,973 | 8,817 | -17,153 | -13,806 | -1,399 | 10,517 | -4,990 |
| Net increase (decrease) in commercial papers | - | - | - | - | - | - | - | - | 10,000 | -10,000 | - | 30,000 |
| Repayments of finance lease liabilities | -1,922 | -1,917 | -2,198 | -2,532 | -2,404 | -2,096 | -1,632 | -1,565 | -1,361 | -1,887 | -3,279 | -3,631 |
| Proceeds from long-term borrowings | 5,630 | 7,872 | 8,244 | 13,076 | 16,490 | 13,560 | 25,789 | 39,782 | 41,616 | 52,447 | 54,095 | 95,016 |
| Repayments of long-term borrowings | -6,715 | -11,001 | -6,854 | -8,326 | -5,886 | -20,665 | -10,648 | -22,682 | -23,631 | -54,174 | -45,267 | -63,095 |
| Redemption of bonds | - | - | -10,000 | - | -5,000 | - | - | - | - | -134 | -77 | -28 |
| Proceeds from share issuance to non-controlling shareholders | - | - | 277 | 1 | 377 | 2,312 | 32 | 3,576 | 103 | 119 | 1,686 | 3,410 |
| Dividends paid | -2,657 | -3,366 | -3,366 | -4,251 | -4,782 | -7,085 | -7,295 | -7,297 | -5,474 | -10,950 | -21,096 | -25,398 |
| Dividends paid to non-controlling interests | - | - | -1,035 | -2,044 | -2,550 | -4,838 | -6,652 | -11,108 | -7,694 | -11,580 | -24,762 | -19,510 |
| Purchase of shares of subsidiaries not resulting in change in scope of consolidation | - | - | - | - | -14,750 | -1 | -6,715 | -3,449 | -5,491 | -2,578 | -3,799 | -8 |
| Net increase decrease of restricted cash | - | - | - | - | - | - | -371 | 1,040 | -1,043 | -1,194 | -1,015 | -1,526 |
| Other proceeds | - | - | - | - | - | - | - | - | - | - | - | - |
| Other payments | -1 | -3 | -3 | -3 | -2 | -3 | -3 | -2 | -1 | -3 | -2 | -4 |
| Net cash provided by (used in) financing activities | -5,305 | 8,511 | -17,286 | 1,813 | 14,267 | 25,156 | 11,523 | 1,142 | -6,782 | -7,029 | -32,998 | 10,236 |
| Effect of exchange rate change on cash and cash equivalents | -124 | 593 | 1,105 | 423 | -811 | -307 | -1,007 | -528 | 447 | 3,521 | 7,444 | 4,358 |
| Net increase (decrease) in cash and cash equivalents | 11,819 | 52,685 | -25,047 | 37,969 | -8,558 | -7,670 | -20,453 | 7,463 | -4,129 | 47,815 | -22,662 | 27,398 |