- JP-listed companies
- KURARAY CO.,LTD.
KURARAY CO.,LTD.JP:3405
Market cap
¥677.8B
P/E ratio
12.1x
| Mar 31, 2013 | Mar 31, 2014 | 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 | |
| Profit (loss) before income taxes | 44,901 | 45,598 | 31,533 | 58,514 | 60,512 | 69,377 | 50,041 | 2,893 | 9,127 | 58,697 | 77,997 | 61,273 |
| Depreciation | 30,952 | 34,972 | 35,696 | 44,102 | 41,555 | 42,965 | 56,698 | 58,158 | 62,459 | 59,003 | 65,456 | 77,163 |
| Increase (decrease) in allowance for doubtful accounts | -67 | -320 | 90 | 46 | -160 | -17 | -207 | 22 | -3 | -29 | 9 | 402 |
| Loss (gain) on sale of investment securities | - | - | - | - | - | -1,352 | - | -1,723 | -937 | -563 | -2,614 | -891 |
| Loss on litigation | - | - | - | - | - | - | - | 50,590 | 23,196 | 4,296 | 1,819 | 7,806 |
| Impairment losses | 534 | 118 | 277 | 4,847 | 2,179 | 1,674 | 6,662 | 3,668 | - | 1,569 | 1,385 | 4,390 |
| Loss on abandonment of non-current assets | 613 | 621 | 345 | 425 | 196 | 323 | 657 | 1,397 | 632 | 1,183 | 450 | 1,159 |
| Foreign exchange losses (gains) | - | -2,063 | -2,721 | 664 | 1,281 | 1,145 | 704 | 513 | 463 | -2,610 | -2,777 | -3,324 |
| Interest and dividend income | -2,925 | -3,020 | -1,932 | -2,981 | -2,919 | -1,807 | -1,771 | -1,006 | -777 | -694 | -1,165 | -2,621 |
| Interest expenses | 966 | 936 | 251 | 724 | 739 | 729 | 1,280 | 1,398 | 1,442 | 1,627 | 1,457 | 2,815 |
| Decrease (increase) in trade receivables | 140 | -2,473 | -11,166 | 1,526 | -4,386 | -7,294 | -1,001 | 5,724 | 2,637 | -13,437 | -12,500 | 2,111 |
| Decrease (increase) in inventories | -4,789 | 1,835 | -1,465 | -6,617 | -1,645 | -13,601 | -9,096 | -781 | 16,731 | -17,537 | -54,716 | 8,363 |
| Increase (decrease) in trade payables | 2,359 | -3,894 | 6,500 | -4,241 | -1,435 | 3,031 | -2,082 | -5,182 | -3,224 | 12,244 | 691 | -5,122 |
| Increase (decrease) in provision for bonuses | - | 115 | -2,137 | 325 | 130 | 659 | 181 | -76 | 274 | 858 | 632 | 825 |
| Increase (decrease) in retirement benefit liability | - | 1,070 | 987 | 885 | 264 | 1,727 | -737 | 2,201 | 2,524 | 2,273 | 678 | 1,751 |
| Decrease (increase) in retirement benefit asset | - | 300 | -69 | -325 | -297 | -285 | -259 | -524 | -383 | -624 | 664 | -274 |
| Other, net | 6,885 | 7,294 | -6,265 | 42 | 16,854 | 1,475 | -4,831 | 8,183 | 8,244 | 10,899 | -4,771 | 9,146 |
| Subtotal | 82,432 | 76,265 | 57,926 | 98,001 | 116,162 | 101,217 | 96,238 | 126,318 | 127,596 | 117,157 | 72,696 | 164,976 |
| Interest and dividends received | 2,822 | 3,121 | 1,941 | 2,974 | 2,912 | 1,794 | 1,936 | 1,158 | 921 | 833 | 1,246 | 2,602 |
| Interest paid | -988 | -937 | -343 | -724 | -739 | -729 | -1,199 | -1,396 | -1,402 | -1,537 | -1,186 | -2,257 |
| Income taxes refund (paid) | -17,354 | -17,273 | -18,939 | -7,023 | -24,412 | -17,675 | -21,804 | -19,308 | -9,624 | -14,127 | -19,453 | -23,180 |
| Payments for loss on litigation | - | - | - | - | - | - | - | -11,195 | -37,543 | -24,104 | -1,575 | -12,842 |
| Net cash provided by (used in) operating activities | 66,911 | 61,175 | 40,840 | 93,228 | 93,923 | 84,606 | 75,171 | 95,577 | 79,947 | 78,221 | 51,727 | 129,298 |
| Net decrease (increase) in time deposits | -21,314 | 22,559 | 1,354 | - | - | -4,459 | 1,709 | -4,984 | 4,624 | -150 | 3,350 | - |
| Proceeds from sale and redemption of investment securities | 1,366 | 50,442 | 257 | 4,385 | 3,551 | 1,561 | 625 | 2,658 | 2,760 | 1,647 | 3,336 | 1,907 |
| Purchase of property, plant and equipment and intangible assets | -43,200 | -58,414 | -43,380 | -43,099 | -49,992 | -55,419 | -65,957 | -87,105 | -83,490 | -68,408 | -71,635 | -59,027 |
| Payment for disposal of tangtible fixed assets and intangible fixed assets | -1,360 | -1,303 | -670 | -971 | -516 | -1,047 | -1,525 | -1,838 | -1,425 | -1,774 | -1,022 | -1,524 |
| Proceeds from sale of property, plant and equipment and intangible assets | 53 | 189 | 22 | 558 | 52 | 59 | 99 | 587 | 69 | 92 | 613 | 214 |
| Other, net | -648 | -2,643 | 1,996 | -2,804 | -1,905 | -2,097 | -624 | -1,773 | -1,095 | -2,912 | -3,266 | -4,720 |
| Net cash provided by (used in) investing activities | -63,622 | 22,293 | -105,690 | -48,553 | -49,300 | -79,896 | -186,982 | -89,369 | -64,025 | -65,595 | -68,624 | -63,151 |
| Net increase (decrease) in short-term borrowings | -4,642 | 120 | 4,950 | -4,940 | 495 | 232 | 26,715 | 490 | -351 | - | - | 5,413 |
| Net increase (decrease) in commercial papers | - | - | 10,000 | -10,000 | - | - | - | 24,000 | -4,000 | -20,000 | 10,000 | -10,000 |
| Proceeds from long-term borrowings | 10,230 | 20,129 | 233 | - | - | - | 90,000 | 7,744 | 79,274 | 6,212 | 49,375 | - |
| Repayments of long-term borrowings | -3,657 | -24,008 | -6,100 | -144 | -142 | -85 | -25,860 | -12,050 | -34 | -29 | -55,013 | -30,801 |
| Proceeds from issuance of bonds | - | - | - | - | - | - | 40,000 | - | 30,000 | - | 10,000 | - |
| Redemption of bonds | - | - | - | - | - | - | - | - | - | -20,000 | - | -10,000 |
| Purchase of treasury shares | -5 | -10 | -7 | -10 | -5 | -2,892 | -3,735 | -6,617 | -2 | -2 | -10,002 | -4 |
| Dividends paid | -12,195 | -12,584 | -12,613 | -9,474 | -14,753 | -14,420 | -14,691 | -14,595 | -14,784 | -13,414 | -13,908 | -16,066 |
| Proceeds from share issuance to non-controlling shareholders | - | - | - | - | - | - | 2,254 | 1,017 | 3,559 | 1,820 | 502 | - |
| Dividends paid to non-controlling interests | - | - | - | -100 | -191 | -227 | -265 | -300 | -308 | -220 | -708 | -520 |
| Other, net | -313 | -291 | -224 | -294 | -299 | -312 | -388 | -1,260 | -1,949 | -1,894 | -2,297 | -2,978 |
| Net cash provided by (used in) financing activities | -10,239 | -15,427 | -3,650 | -24,353 | -14,701 | -17,176 | 114,088 | -1,517 | 91,508 | -47,447 | -12,053 | -64,959 |
| Effect of exchange rate change on cash and cash equivalents | 2,024 | 2,688 | 3,255 | -958 | -1,514 | -882 | -1,210 | -70 | -1,541 | 4,224 | 4,943 | 4,858 |
| Net increase (decrease) in cash and cash equivalents | -4,926 | 70,730 | -65,244 | 19,362 | 28,407 | -13,349 | 1,065 | 4,620 | 105,888 | -30,596 | -24,006 | 6,046 |
| Increase in cash and cash equivalents resulting from inclusion of subsidiaries in consolidation | - | 26 | 9 | - | 231 | 193 | 45 | 1 | 228 | - | 136 | - |