JP-listed companies
KYOWA LEATHER CLOTH CO.,LTD

KYOWA LEATHER CLOTH CO.,LTDJP:3553

Market cap

¥18.3B

P/E ratio

Income statement Balance sheet Cash flow

	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
Net sales	34,289	42,042	45,126	47,929	46,773	49,003	45,682	42,926	41,182	47,096	45,792
Cost of sales	29,165	35,002	37,259	38,655	37,012	39,244	37,447	34,705	33,644	38,524	38,513
Gross profit (loss)	5,123	7,040	7,867	9,274	9,760	9,758	8,235	8,220	7,537	8,572	7,278
Freight and packing costs	913	998	982	1,047	1,171	1,359	1,119	1,063	1,077	1,646	1,791
Salaries, allowances and bonuses	1,647	1,873	1,778	1,819	1,896	2,024	1,998	2,046	2,001	2,245	2,252
Retirement benefit expenses	99	63	65	62	77	55	47	61	41	35	32
Provision for bonuses for directors (and other officers)	59	82	80	86	89	95	77	72	70	85	87
Provision for retirement benefits for directors (and other officers)	41	43	44	44	43	48	35	76	48	38	40
Depreciation	96	100	25	117	143	158	185	211	214	215	191
Amortization of goodwill	44	55	61	58	53	54	51	49	50	42	-
Research and development expenses	549	558	682	681	688	704	740	805	766	827	839
Other	1,386	1,484	1,638	1,720	1,827	2,009	2,031	1,780	1,695	1,609	1,803
Selling, general and administrative expenses	4,839	5,258	5,359	5,637	5,990	6,510	6,286	6,168	5,965	6,746	7,040
Operating profit (loss)	284	1,781	2,508	3,636	3,770	3,247	1,949	2,052	1,571	1,840	237
Freight and packing costs	913	998	982	1,047	1,171	1,359	1,119	1,063	1,077	1,646	1,791
Interest income	48	82	85	45	30	21	23	21	11	7	9
Dividend income	10	12	20	36	33	32	34	33	39	44	48
Share of profit of entities accounted for using equity method	60	72	68	84	108	121	101	181	214	144	40
Purchase discounts	8	9	10	11	18	17	15	12	10	11	10
Gain on sale of non-current assets	-	-	-	-	2	54	5	5	75	8	13
Foreign exchange gains	-	-	-	-	-	-	-	-	100	295	270
Other	89	75	239	79	74	72	93	87	90	81	48
Non-operating income	217	251	424	256	265	358	298	416	542	592	443
Salaries, allowances and bonuses	1,647	1,873	1,778	1,819	1,896	2,024	1,998	2,046	2,001	2,245	2,252
Interest expenses	13	32	40	32	24	25	30	46	36	32	24
Loss on retirement of non-current assets	62	92	93	51	132	121	32	21	81	77	38
Loss on retirement of non-current assets	62	92	93	51	132	121	32	21	81	77	38
Other	-1	22	102	58	23	24	71	29	68	16	27
Non-operating expenses	199	275	298	201	232	257	204	268	205	126	89
Other	-1	22	102	58	23	24	71	29	68	16	27
Non-operating expenses	199	275	298	201	232	257	204	268	205	126	89
Research and development expenses	549	558	682	681	688	704	740	805	766	827	839
Ordinary profit (loss)	302	1,756	2,634	3,691	3,803	3,349	2,043	2,199	1,907	2,285	591
Other	1,386	1,484	1,638	1,720	1,827	2,009	2,031	1,780	1,695	1,609	1,803
Subsidy income	-	-	-	-	-	-	-	-	-	41	25
Extraordinary income	-	-	-	-	-	-	-	-	233	41	25
Selling, general and administrative expenses	4,839	5,258	5,359	5,637	5,990	6,510	6,286	6,168	5,965	6,746	7,040
Leave allowance	-	-	-	-	-	-	-	-	247	44	46
Extraordinary losses	-	181	-	240	37	-	-	465	247	44	46
Operating profit (loss)	284	1,781	2,508	3,636	3,770	3,247	1,949	2,052	1,571	1,840	237
Profit (loss) before income taxes	302	1,575	2,634	3,450	3,765	3,349	2,043	1,734	1,893	2,281	569
Interest income	48	82	85	45	30	21	23	21	11	7	9
Dividend income	10	12	20	36	33	32	34	33	39	44	48
Share of profit of entities accounted for using equity method	60	72	68	84	108	121	101	181	214	144	40
Purchase discounts	8	9	10	11	18	17	15	12	10	11	10
Gain on sale of non-current assets	-	-	-	-	2	54	5	5	75	8	13
Foreign exchange gains	-	-	-	-	-	-	-	-	100	295	270
Other	89	75	239	79	74	72	93	87	90	81	48
Non-operating income	217	251	424	256	265	358	298	416	542	592	443
Income taxes - current	64	191	319	1,101	954	831	628	548	553	542	110
Foreign exchange gains	-	-	-	-	-	-	-	-	100	295	270
Income taxes - deferred	1	35	-1,346	-1	39	50	-7	-93	114	15	8
Other	89	75	239	79	74	72	93	87	90	81	48
Income taxes	65	227	-1,026	1,100	993	882	621	455	668	558	119
Non-operating income	217	251	424	256	265	358	298	416	542	592	443
Profit (loss)	-	-	3,660	2,350	2,772	2,466	1,422	1,279	1,224	1,722	450
Interest expenses	13	32	40	32	24	25	30	46	36	32	24
Loss on retirement of non-current assets	62	92	93	51	132	121	32	21	81	77	38
Loss on retirement of non-current assets	62	92	93	51	132	121	32	21	81	77	38
Other	-1	22	102	58	23	24	71	29	68	16	27
Non-operating expenses	199	275	298	201	232	257	204	268	205	126	89
Other	-1	22	102	58	23	24	71	29	68	16	27
Non-operating expenses	199	275	298	201	232	257	204	268	205	126	89
Profit (loss) attributable to non-controlling interests	-	-	122	196	215	67	-76	2	-217	38	102
Ordinary profit (loss)	302	1,756	2,634	3,691	3,803	3,349	2,043	2,199	1,907	2,285	591
Profit (loss) attributable to owners of parent	-	-	3,538	2,153	2,557	2,399	1,498	1,277	1,442	1,684	347
Subsidy income	-	-	-	-	-	-	-	-	-	41	25
Extraordinary income	-	-	-	-	-	-	-	-	233	41	25
Leave allowance	-	-	-	-	-	-	-	-	247	44	46
Extraordinary losses	-	181	-	240	37	-	-	465	247	44	46
Profit (loss) before income taxes	302	1,575	2,634	3,450	3,765	3,349	2,043	1,734	1,893	2,281	569
Income taxes - current	64	191	319	1,101	954	831	628	548	553	542	110
Income taxes - deferred	1	35	-1,346	-1	39	50	-7	-93	114	15	8
Income taxes	65	227	-1,026	1,100	993	882	621	455	668	558	119
Profit (loss)	-	-	3,660	2,350	2,772	2,466	1,422	1,279	1,224	1,722	450