JP-listed companies
SMS CO.,LTD

SMS CO.,LTDJP:2175

Market cap

¥187.6B

P/E ratio

26x

Income statement Balance sheet Cash flow

	Mar 31, 2012	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018	Mar 31, 2019	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024
Cash and deposits	-	2,219	1,899	2,709	5,292	7,830	9,515	10,703	11,091	10,538	14,640	16,965	18,236
Accounts receivable - trade	-	1,601	1,917	2,486	3,983	3,933	4,308	4,323	5,213	4,933	5,842	6,510	8,228
Work in process	-	4	8	8	31	19	29	13	14	16	28	20	13
Supplies	-	14	8	13	7	36	20	36	30	31	25	29	25
Accounts receivable - other	-	143	653	1,306	1,892	2,491	3,474	4,478	6,183	6,324	6,757	8,440	10,406
Prepaid expenses	-	553	616	573	685	722	571	634	664	808	665	793	1,038
Other	-	72	54	38	140	12	12	46	18	156	27	67	94
Allowance for doubtful accounts	-	-37	-50	-94	-218	-128	-224	-114	-113	-188	-163	-274	-267
Current assets	-	4,849	5,430	7,363	12,176	15,235	18,113	20,123	23,102	23,218	27,823	32,552	37,775
Buildings	-	20	153	208	383	375	413	459	626	619	746	845	1,131
Accumulated depreciation	-	-11	-35	-72	-152	-185	-252	-276	-291	-324	-396	-448	-509
Buildings, net	-	9	119	136	232	190	160	183	335	295	350	397	621
Tools, furniture and fixtures	-	124	158	275	515	573	687	749	806	792	864	1,024	1,097
Accumulated depreciation	-	-66	-94	-164	-366	-418	-454	-498	-545	-552	-642	-802	-877
Tools, furniture and fixtures, net	-	58	64	111	149	154	233	251	261	239	222	222	220
Property, plant and equipment	-	67	192	256	428	368	405	447	1,006	939	876	886	1,132
Machinery, equipment and vehicles	-	-	11	12	110	43	39	42	37	36	28	30	20
Accumulated depreciation	-	-	-1	-3	-62	-19	-27	-30	-17	-20	-18	-23	-15
Machinery, equipment and vehicles, net	-	-	9	9	48	24	11	12	20	16	9	7	4
Right-of-use assets	-	-	-	-	-	-	-	-	481	618	688	768	657
Accumulated depreciation	-	-	-	-	-	-	-	-	-91	-230	-394	-509	-371
Right-of-use assets,net	-	-	-	-	-	-	-	-	389	387	294	259	285
Property, plant and equipment	-	67	192	256	428	368	405	447	1,006	939	876	886	1,132
Goodwill	-	852	775	1,318	12,874	11,167	11,539	10,574	10,148	8,834	8,907	10,029	9,752
Software	-	103	259	731	1,336	1,545	1,382	1,174	1,637	2,355	3,013	4,156	5,454
Other	-	0	0	0	0	0	-	-	-	-	-	-	-
Trademark right	-	-	-	-	10,047	9,704	9,412	9,246	9,126	8,621	9,581	11,053	11,814
Intangible assets	-	955	1,034	2,049	27,304	25,107	24,703	23,083	22,738	21,313	22,923	26,594	28,165
Customer-related assets	-	-	-	-	3,047	2,692	2,368	2,088	1,825	1,502	1,421	1,355	1,143
Other	-	0	0	0	0	0	-	-	-	-	-	-	-
Intangible assets	-	955	1,034	2,049	27,304	25,107	24,703	23,083	22,738	21,313	22,923	26,594	28,165
Investment securities	-	632	1,283	1,240	1,026	1,666	1,721	2,048	2,225	1,975	2,825	2,629	2,652
Shares of subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	-	33,945	34,744
Deferred tax assets	-	-	-	-	-	-	-	855	873	879	975	1,138	1,262
Long-term loans receivable from subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	-	460	310
Leasehold and guarantee deposits	-	307	326	382	516	612	746	880	1,039	1,110	1,160	1,298	1,486
Leasehold and guarantee deposits	-	307	326	382	516	612	746	880	1,039	1,110	1,160	1,298	1,486
Investments and other assets	-	1,076	1,750	1,753	1,782	2,521	3,219	3,814	4,149	3,972	4,962	5,065	5,402
Deferred tax assets	-	-	-	-	-	-	-	855	873	879	975	1,138	1,262
Allowance for doubtful accounts	-	-	-	-	-	-	-	-	-	-	-	-212	-94
Investments and other assets	-	1,076	1,750	1,753	1,782	2,521	3,219	3,814	4,149	3,972	4,962	5,065	5,402
Non-current assets	-	2,099	2,976	4,058	29,514	27,997	28,328	27,344	27,893	26,225	28,762	32,546	34,699
Assets	-	6,948	8,407	11,421	41,690	43,232	46,087	47,467	50,996	49,444	56,585	65,098	72,475
Current portion of long-term borrowings	-	-	-	-	-	1,201	1,395	2,487	2,487	2,479	1,999	1,901	1,901
Accounts payable - trade	-	44	99	132	451	312	292	353	314	258	307	324	460
Accounts payable - other	-	711	1,037	2,604	3,443	4,236	5,061	6,064	7,711	7,750	8,933	10,566	12,730
Current portion of long-term borrowings	-	-	-	-	-	1,201	1,395	2,487	2,487	2,479	1,999	1,901	1,901
Accrued expenses	-	103	70	207	232	182	289	529	451	438	577	682	1,059
Accounts payable - other	-	711	1,037	2,604	3,443	4,236	5,061	6,064	7,711	7,750	8,933	10,566	12,730
Income taxes payable	-	388	465	554	948	1,140	1,068	623	534	374	1,674	1,263	1,344
Accrued expenses	-	103	70	207	232	182	289	529	451	438	577	682	1,059
Accrued consumption taxes	-	68	89	372	100	242	406	435	536	505	460	654	930
Income taxes payable	-	388	465	554	948	1,140	1,068	623	534	374	1,674	1,263	1,344
Contract liabilities	-	-	-	-	-	-	-	-	-	-	1,004	1,073	1,205
Accrued consumption taxes	-	68	89	372	100	242	406	435	536	505	460	654	930
Deposits received	-	25	31	57	46	53	70	78	84	147	169	180	183
Contract liabilities	-	-	-	-	-	-	-	-	-	-	1,004	1,073	1,205
Provision for bonuses	-	154	183	242	374	316	445	481	600	669	704	858	909
Deposits received	-	25	31	57	46	53	70	78	84	147	169	180	183
Other	-	43	39	39	85	8	22	24	30	33	244	357	439
Provision for bonuses	-	154	183	242	374	316	445	481	600	669	704	858	909
Current liabilities	-	1,676	2,188	4,394	25,914	8,911	10,400	11,891	13,831	13,875	16,207	18,015	21,325
Lease liabilities	-	-	-	-	-	-	-	-	112	115	131	152	160
Other	-	43	39	39	85	8	22	24	30	33	244	357	439
Current liabilities	-	1,676	2,188	4,394	25,914	8,911	10,400	11,891	13,831	13,875	16,207	18,015	21,325
Long-term borrowings	-	-	-	-	45	10,210	9,690	17,632	15,144	10,644	8,054	6,153	4,251
Long-term guarantee deposits	-	-	-	-	-	-	-	-	-	-	-	-	2
Retirement benefit liability	-	-	129	90	112	136	160	311	354	149	173	178	203
Non-current liabilities	-	119	144	104	2,618	12,738	12,046	20,037	17,766	12,909	10,387	8,661	6,865
Deferred tax liabilities	-	-	-	-	-	-	-	2,078	1,994	1,830	1,973	2,208	2,286
Lease liabilities	-	-	-	-	-	-	-	-	260	281	185	121	121
Other	-	17	15	14	63	17	19	13	11	3	-	-	2
Non-current liabilities	-	119	144	104	2,618	12,738	12,046	20,037	17,766	12,909	10,387	8,661	6,865
Liabilities	-	1,795	2,332	4,498	28,532	21,648	22,446	31,928	31,597	26,785	26,594	26,677	28,190
Share capital	-	304	304	304	304	2,153	2,167	2,208	2,246	2,281	2,310	2,315	2,551
Legal capital surplus	-	-	-	-	-	-	-	-	-	-	-	2,290	2,526
Other capital surplus	-	-	-	-	-	-	-	-	-	-	-	2,302	2,259
Capital surplus	-	279	279	-	-	4,148	3,965	13	51	85	114	119	313
Capital surplus	-	279	279	-	-	4,148	3,965	13	51	85	114	119	313
Retained earnings brought forward	-	-	-	-	-	-	-	-	-	-	-	36,660	43,123
Retained earnings	-	4,696	5,910	7,249	9,146	11,663	14,545	14,971	19,079	23,140	27,699	33,190	39,111
Retained earnings	-	4,696	5,910	7,249	9,146	11,663	14,545	14,971	19,079	23,140	27,699	33,190	39,111
Treasury shares	-	-81	-502	-1,036	-1,036	-	-	-	-	-	-1	-1	-1,904
Shareholders' equity	-	5,197	5,990	6,517	8,413	17,964	20,677	17,193	21,376	25,506	30,123	35,624	40,071
Share acquisition rights	-	6	20	47	80	110	135	179	171	259	352	484	282
Valuation difference on available-for-sale securities	-	-	10	10	10	0	-	-	-	-	567	395	322
Foreign currency translation adjustment	-	-50	11	288	136	-838	-1,423	-1,834	-2,149	-3,107	-1,052	1,917	3,607
Valuation and translation adjustments	-	-50	21	298	145	-838	-1,423	-1,833	-2,149	-3,107	-484	2,312	3,930
Net assets	4,137	5,154	6,075	6,923	13,158	21,583	23,641	15,539	19,398	22,658	29,991	38,421	44,284
Share acquisition rights	-	6	20	47	80	110	135	179	171	259	352	484	282
Net assets	4,137	5,154	6,075	6,923	13,158	21,583	23,641	15,539	19,398	22,658	29,991	38,421	44,284
Liabilities and net assets	-	6,948	8,407	11,421	41,690	43,232	46,087	47,467	50,996	49,444	56,585	65,098	72,475