WATTS CO., LTD. (2735) Income statement

Market cap

¥8.4B

P/E ratio

9.2x

Watts runs a nationwide chain of 1,877 discount stores selling everyday items like stationery and kitchenware at low prices, primarily serving regular consumers.

Summary Financials Dividends History Ownership Workforce

Income statement Balance sheet Cash flow Other

	2011/08	2012/08	2013/08	2014/08	2015/08	2016/08	2017/08	2018/08	2019/08	2020/08	2021/08	2022/08	2023/08	2024/08	2025/08
Revenue	38,188	40,759	41,725	43,574	44,463	46,176	47,494	49,445	51,399	52,796	50,703	58,348	59,309	61,257	61,579
Revenue growth (%)	-
Cost of revenue	-	-	-	26,989	27,735	28,844	29,499	30,666	32,062	32,580	31,077	36,066	36,854	37,666	37,671
Gross profit	-	-	-	16,584	16,728	17,332	17,995	18,779	19,337	20,216	19,626	22,281	22,455	23,591	23,908
Gross margin (%)	-	-	-
Operating margin (%)	-	-	-
Operating expenses	-	-	-	14,800	15,470	16,126	16,785	17,803	18,620	18,447	17,956	21,283	21,833	22,344	22,488
Operating income	-	-	-	1,785	1,258	1,206	1,209	976	717	1,769	1,670	999	622	1,247	1,419
Income before tax	1,986	2,055	2,076	1,800	1,264	1,193	1,272	1,037	656	1,731	1,587	1,148	649	1,228	1,429
Pretax margin (%)	5.2	5	5	4.1	2.8	2.6	2.7	2.1	1.3	3.3	3.1	2	1.1	2	2.3
Provision for income taxes	-	-	-	797	474	452	479	370	407	322	621	194	86	306	499
Effective tax rate (%)	-	-	-
Net income	1,018	1,177	1,124	948	701	719	839	634	71	774	966	781	251	904	871
Net income margin (%)
Earnings per share	81.84	93.31	88.63	69.97	51.73	53.04	61.96	46.79	5.26	57.8	72.09	57.83	18.46	68.45	66
Diluted EPS	80.82	93.14	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividend per share	-	-	-	-	-	-	-	-	10	15	22	15	15	20	23
EBITDA	-	-	-
EBITDA margin (%)	-	-	-