- JP-listed companies
- Kao Corporation
Kao CorporationJP:4452
Market cap
¥3.19T
P/E ratio
72.7x
| Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | |
| Profit (loss) before tax | 207,251 | 210,645 | 173,971 | 150,002 | 115,848 | 63,842 |
| Depreciation and amortization | 60,662 | 83,369 | 86,080 | 87,341 | 89,738 | 89,595 |
| Impairment losses (reversal of impairment losses) | - | - | - | - | 34 | 21,703 |
| Interest and dividend income | -1,578 | -1,885 | -1,571 | -1,307 | -2,049 | -3,525 |
| Interest expenses | 1,256 | 2,840 | 2,533 | 2,036 | 1,904 | 2,524 |
| Share of loss (profit) of investments accounted for using equity method | -2,082 | -2,126 | -2,536 | -2,620 | -2,545 | -2,387 |
| Loss (gain) on sale and retirement of property, plant and equipment, and intangible assets | 4,531 | 3,323 | 3,301 | 4,458 | 3,524 | 4,784 |
| Decrease (increase) in trade and other receivables | -12,591 | 12,862 | 6,443 | -4,440 | 3,394 | 20,476 |
| Decrease (increase) in inventories | -15,677 | -2,848 | 646 | -20,508 | -36,930 | 29,383 |
| Increase (decrease) in trade and other payables | 3,951 | 696 | -4,227 | 8,682 | 5,496 | -19,380 |
| Increase (decrease) in retirement benefit liability | 20,740 | -3,788 | -28,818 | -22,787 | 7,333 | 398 |
| Increase (decrease) in provisions | - | - | - | - | -447 | 12,540 |
| Other | -21,437 | -2,936 | 31,852 | 19,192 | -17,579 | 3,779 |
| Subtotal | 245,026 | 300,152 | 267,674 | 220,049 | 167,721 | 223,732 |
| Interest received | 1,273 | 1,711 | 1,516 | 1,191 | 1,920 | 3,329 |
| Dividends received | 2,312 | 2,146 | 2,060 | 2,222 | 2,513 | 2,650 |
| Interest paid | -1,293 | -2,806 | -2,650 | -2,039 | -1,907 | -2,596 |
| Income taxes paid | -51,708 | -56,680 | -53,882 | -45,899 | -39,342 | -24,634 |
| Net cash provided by (used in) operating activities | 195,610 | 244,523 | 214,718 | 175,524 | 130,905 | 202,481 |
| Payments into time deposits | -26,768 | -35,188 | -14,053 | -11,418 | -7,426 | -9,358 |
| Proceeds from withdrawal of time deposits | 26,987 | 36,660 | 19,661 | 12,930 | 10,660 | 6,713 |
| Purchase of property, plant and equipment | -80,295 | -83,959 | -59,396 | -59,951 | -65,520 | -54,166 |
| Purchase of intangible assets | -7,703 | -9,819 | -10,454 | -11,568 | -11,681 | -12,281 |
| Payment for business combination-InvCF (IFRS) | -73,915 | -195 | - | - | - | -40,826 |
| Other | 3,799 | -1,765 | 2,301 | 2,775 | -944 | 616 |
| Net cash provided by (used in) investing activities | -157,895 | -94,266 | -61,941 | -67,232 | -74,911 | -109,302 |
| Net increase (decrease) in short-term borrowings | 230 | 19 | -41 | 440 | -207 | 12,909 |
| Proceeds from long-term borrowings | - | 46,220 | 1,080 | 30,091 | 7,280 | 40,000 |
| Repayments of long-term borrowings | -67 | -40,054 | -48 | -31,380 | -7,331 | -43,341 |
| Proceeds from issuance of bonds | 25,060 | - | 24,939 | 200 | - | 24,937 |
| Redemption of bonds | -24,939 | -12 | -24,942 | -12 | -12 | -24,952 |
| Repayments of lease liabilities | - | -20,565 | -20,912 | -21,266 | -21,704 | -21,432 |
| Purchase of treasury shares | -50,035 | -50,033 | -28 | -51,792 | -50,035 | -17 |
| Dividends paid | -56,838 | -60,512 | -64,987 | -67,859 | -68,931 | -69,339 |
| Dividends paid to non-controlling interests | -745 | -1,287 | -1,235 | -802 | -419 | -962 |
| Other | -1,245 | 58 | -891 | 995 | 2,048 | 2,214 |
| Net cash provided by (used in) financing activities | -108,579 | -126,166 | -87,065 | -141,573 | -139,311 | -79,983 |
| Net increase (decrease) in cash and cash equivalents | -70,864 | 24,091 | 65,712 | -33,281 | -83,317 | 13,196 |
| Effect of exchange rate changes on cash and cash equivalents | -6,234 | -388 | -2,217 | 16,174 | 15,496 | 10,219 |