JP-listed companies
PIA CORPORATION

PIA CORPORATIONJP:4337

Market cap

¥47.2B

P/E ratio

40x

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	111,950	128,139	127,146	138,624	152,812	163,509	179,969	163,204	67,355	25,829	32,763
Net sales	111,950	128,139	127,146	138,624	152,812	163,509	179,969	163,204	67,355	25,829	32,763
Cost of sales	102,901	117,494	116,000	126,774	140,105	150,685	165,101	149,034	63,888	17,483	20,811
Cost of sales	102,901	117,494	116,000	126,774	140,105	150,685	165,101	149,034	63,888	17,483	20,811
Gross profit (loss)	9,049	10,644	11,146	11,851	12,707	12,824	14,868	14,169	3,466	8,345	11,952
Haulage of packing expenses	148	131	116	108	98	102	111	109	87	80	67
Advertising and promotion costs-SGA	648	854	691	704	713	859	960	837	393	488	736
Provision of allowance for doubtful accounts	19	46	27	-	-12	25	114	130	-69	20	-37
Remuneration for directors (and other officers)	206	180	228	260	308	303	416	318	264	258	398
Salaries, allowances and bonuses	2,969	3,146	3,268	3,257	3,275	3,426	3,643	3,934	3,812	3,984	4,299
Provision for bonuses	159	199	257	256	298	8	409	5	4	55	221
Retirement benefit expenses	225	236	247	131	124	114	120	112	113	114	111
Welfare expenses	348	390	424	557	570	546	639	625	627	622	774
Travel and transportation expenses	166	185	183	193	231	202	246	216	67	122	205
Communication expenses	89	101	103	81	77	78	94	132	129	143	142
Travel and transportation expenses	166	185	183	193	231	202	246	216	67	122	205
Rent expenses	525	502	521	566	636	639	661	681	618	644	651
Communication expenses	89	101	103	81	77	78	94	132	129	143	142
Outsourcing expenses	631	720	704	841	962	1,406	1,653	1,737	1,542	1,662	2,272
Depreciation	60	56	57	87	92	93	94	82	49	42	82
Other	1,107	1,321	1,265	1,377	1,505	1,547	1,803	1,725	2,190	938	1,204
Rent expenses	525	502	521	566	636	639	661	681	618	644	651
Selling, general and administrative expenses	8,716	9,737	9,840	10,239	10,874	11,511	13,626	13,156	9,831	9,179	11,132
Outsourcing expenses	631	720	704	841	962	1,406	1,653	1,737	1,542	1,662	2,272
Depreciation	60	56	57	87	92	93	94	82	49	42	82
Other	1,107	1,321	1,265	1,377	1,505	1,547	1,803	1,725	2,190	938	1,204
Selling, general and administrative expenses	8,716	9,737	9,840	10,239	10,874	11,511	13,626	13,156	9,831	9,179	11,132
Operating profit (loss)	380	899	1,271	1,527	1,789	1,225	1,377	1,104	-6,231	-833	820
Interest income	1	1	3	3	-	-	-	-	-	-	1
Dividend income	8	15	6	7	6	7	7	9	10	8	8
Subsidy income	-	-	-	-	-	-	-	-	815	491	118
Gain on adjustment of other accounts payable	-	-	-	1	22	2	2	31	-	-	39
Other	2	4	4	3	2	2	3	3	10	13	29
Non-operating income	19	35	33	19	39	15	46	54	836	513	197
Interest expenses	32	27	16	10	7	3	5	21	147	360	237
Commission expenses	-	-	-	-	-	53	53	14	369	5	59
Other	9	2	2	5	7	9	17	11	21	31	66
Share of loss of entities accounted for using equity method	-	-	-	59	134	-	-	-	75	127	52
Non-operating expenses	49	35	19	74	149	66	75	48	613	525	416
Other	9	2	2	5	7	9	17	11	21	31	66
Non-operating expenses	49	35	19	74	149	66	75	48	613	525	416
Ordinary profit (loss)	350	899	1,285	1,473	1,679	1,173	1,348	1,110	-6,008	-845	600
Gain on sale of shares of subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	678
Extraordinary income	9	5	35	7	23	8	-	-	-	-	678
Gain on sale of shares of subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	678
Impairment losses	41	44	-	30	18	-	-	-	10	471	-
Loss on valuation of shares of subsidiaries and associates	-	20	30	-	-	-	-	-	-	-	26
Loss on valuation of investment securities	44	-	-	-	-	-	-	99	16	-	3
Loss on valuation of investment securities	44	-	-	-	-	-	-	99	16	-	3
Loss on valuation of shares of subsidiaries and associates	-	20	30	-	-	-	-	-	-	-	26
Extraordinary losses	122	178	30	33	234	-	-	688	158	471	29
Extraordinary income	9	5	35	7	23	8	-	-	-	-	678
Profit (loss) before income taxes	237	726	1,290	1,447	1,469	1,182	1,348	422	-6,166	-1,317	1,250
Impairment losses	41	44	-	30	18	-	-	-	10	471	-
Loss on valuation of shares of subsidiaries and associates	-	20	30	-	-	-	-	-	-	-	26
Loss on valuation of investment securities	44	-	-	-	-	-	-	99	16	-	3
Loss on valuation of investment securities	44	-	-	-	-	-	-	99	16	-	3
Loss on valuation of shares of subsidiaries and associates	-	20	30	-	-	-	-	-	-	-	26
Extraordinary losses	122	178	30	33	234	-	-	688	158	471	29
Income taxes - current	77	120	156	233	477	235	848	115	29	173	65
Profit (loss) before income taxes	237	726	1,290	1,447	1,469	1,182	1,348	422	-6,166	-1,317	1,250
Income taxes - refund	-	-	-	-	-	-	-	-	-	-19	-
Income taxes - current	77	120	156	233	477	235	848	115	29	173	65
Income taxes - deferred	-224	-211	-59	-2	9	230	-330	176	476	-345	-230
Income taxes - deferred	-224	-211	-59	-2	9	230	-330	176	476	-345	-230
Income taxes	-147	-91	97	231	486	465	518	292	506	-191	-165
Income taxes	-147	-91	97	231	486	465	518	292	506	-191	-165
Profit (loss)	-	-	1,193	1,216	982	716	829	130	-6,673	-1,125	1,415
Profit (loss)	-	-	1,193	1,216	982	716	829	130	-6,673	-1,125	1,415
Profit (loss) attributable to non-controlling interests	-	-	6	6	8	10	11	8	-8	-3	-
Profit (loss) attributable to owners of parent	-	-	1,187	1,209	974	706	817	121	-6,664	-1,122	1,415