JP-listed companies
OTSUKA CORPORATION

OTSUKA CORPORATIONJP:4768

Market cap

¥1.33T

P/E ratio

27.6x

Income statement Balance sheet Cash flow

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	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
Cash and deposits	-	61,519	69,347	90,234	100,676	116,946	136,410	150,888	175,427	178,072	204,701	202,288	228,692
Notes and accounts receivable - trade, and contract assets	-	-	-	-	-	-	-	-	-	-	-	152,405	155,269
Notes receivable - trade	-	-	-	-	-	-	-	-	-	-	-	3,890	4,515
Merchandise	-	14,298	18,864	17,822	19,499	25,169	24,999	25,721	32,321	42,011	33,052	42,636	36,068
Accounts receivable - trade	-	-	-	-	-	-	-	-	-	-	-	147,594	149,758
Work in process	-	1,271	934	993	744	642	762	957	1,470	1,409	1,235	1,435	1,413
Contract assets	-	-	-	-	-	-	-	-	-	-	-	920	995
Raw materials and supplies	-	924	843	810	780	827	837	828	754	776	740	759	755
Merchandise	-	14,298	18,864	17,822	19,499	25,169	24,999	25,721	32,321	42,011	33,052	42,636	36,068
Other	-	15,963	17,225	18,282	19,353	19,168	21,324	20,833	23,057	24,320	25,594	35,670	37,689
Work in process	-	1,271	934	993	744	642	762	957	1,470	1,409	1,235	1,435	1,413
Allowance for doubtful accounts	-	-300	-160	-146	-135	-119	-120	-113	-120	-100	-75	-83	-93
Raw materials and supplies	-	924	843	810	780	827	837	828	754	776	740	759	755
Current assets	-	188,934	215,940	234,931	255,679	275,237	309,245	334,650	382,485	391,523	401,034	435,113	459,794
Other	-	15,963	17,225	18,282	19,353	19,168	21,324	20,833	23,057	24,320	25,594	35,670	37,689
Allowance for doubtful accounts	-	-300	-160	-146	-135	-119	-120	-113	-120	-100	-75	-83	-93
Current assets	-	188,934	215,940	234,931	255,679	275,237	309,245	334,650	382,485	391,523	401,034	435,113	459,794
Buildings and structures	-	65,309	65,862	63,351	63,157	60,748	58,754	58,138	58,933	59,177	52,827	52,879	49,925
Accumulated depreciation and impairment	-	-40,244	-42,090	-41,080	-42,025	-41,109	-40,498	-40,761	-42,183	-42,738	-37,405	-38,010	-36,094
Buildings and structures, net	-	25,065	23,772	22,270	21,131	19,639	18,255	17,376	16,750	16,439	15,422	14,868	13,831
Land	-	17,259	17,244	16,832	16,832	16,452	16,165	15,604	15,351	15,345	15,092	14,797	14,448
Other	-	3,139	2,957	3,259	3,163	3,046	3,189	3,649	3,845	4,444	7,195	6,169	6,394
Other	-	14,335	13,786	13,553	13,694	12,302	12,618	13,038	12,683	13,058	16,473	16,482	17,389
Accumulated depreciation and impairment	-	-11,196	-10,829	-10,294	-10,530	-9,255	-9,429	-9,389	-8,838	-8,613	-9,277	-10,313	-10,994
Other	-	3,139	2,957	3,259	3,163	3,046	3,189	3,649	3,845	4,444	7,195	6,169	6,394
Property, plant and equipment	-	45,464	43,974	42,363	41,127	39,137	37,610	36,629	35,947	36,229	37,710	35,835	34,674
Software	-	4,867	5,112	8,133	9,510	11,200	12,106	13,729	14,452	15,072	15,771	15,711	16,006
Other	-	113	59	59	59	59	59	59	59	59	59	59	59
Intangible assets	-	4,980	5,172	8,192	9,569	11,260	12,166	13,789	14,511	15,131	15,830	15,770	16,065
Investment securities	-	6,021	7,584	8,671	11,013	10,976	15,306	14,609	17,358	16,895	22,366	22,678	26,306
Guarantee deposits	-	2,507	2,437	2,553	2,516	2,367	2,605	2,424	2,428	2,337	2,429	2,335	3,108
Guarantee deposits	-	2,507	2,437	2,553	2,516	2,367	2,605	2,424	2,428	2,337	2,429	2,335	3,108
Deferred tax assets	-	-	-	-	-	-	-	-	6,895	7,087	5,336	6,859	8,026
Deferred tax assets	-	-	-	-	-	-	-	-	6,895	7,087	5,336	6,859	8,026
Deferred tax assets for land revaluation	-	-	-	-	-	-	-	-	-	-	-	2,833	2,448
Deferred tax assets for land revaluation	-	-	-	-	-	-	-	-	-	-	-	2,833	2,448
Other	-	3,498	2,866	1,977	2,631	2,402	2,183	1,854	2,414	2,297	1,661	1,730	11,507
Other	-	3,498	2,866	1,977	2,631	2,402	2,183	1,854	2,414	2,297	1,661	1,730	11,507
Allowance for doubtful accounts	-	-1,723	-1,501	-196	-185	-188	-170	-187	-229	-209	-115	-140	-127
Allowance for doubtful accounts	-	-1,723	-1,501	-196	-185	-188	-170	-187	-229	-209	-115	-140	-127
Investments and other assets	-	13,779	14,502	20,025	18,377	18,185	21,294	24,844	28,867	28,407	31,678	36,296	51,270
Investments and other assets	-	13,779	14,502	20,025	18,377	18,185	21,294	24,844	28,867	28,407	31,678	36,296	51,270
Non-current assets	-	64,223	63,648	70,581	69,075	68,583	71,071	75,263	79,326	79,768	85,219	87,902	102,010
Assets	-	253,158	279,589	305,513	324,755	343,821	380,317	406,732	461,812	471,292	486,254	523,016	561,805
Notes and accounts payable - trade	-	76,978	70,509	67,066	74,542	76,783	83,107	89,322	102,006	96,437	91,938	99,517	105,485
Electronically recorded obligations - operating	-	-	14,546	15,389	17,095	16,891	17,887	17,904	19,105	18,822	17,901	19,443	19,831
Short-term borrowings	-	7,150	6,950	6,850	6,700	5,000	4,900	4,800	4,800	4,800	4,800	4,400	4,400
Short-term borrowings	-	7,150	6,950	6,850	6,700	5,000	4,900	4,800	4,800	4,800	4,800	4,400	4,400
Current portion of long-term borrowings	-	-	-	-	-	-	-	-	-	-	-	1,700	-
Current portion of long-term borrowings	-	-	-	-	-	-	-	-	-	-	-	1,700	-
Income taxes payable	-	7,846	7,034	8,007	7,916	6,569	8,274	9,326	13,270	9,367	8,769	9,077	9,495
Contract liabilities	-	-	-	-	-	-	-	-	-	-	-	16,139	16,443
Income taxes payable	-	7,846	7,034	8,007	7,916	6,569	8,274	9,326	13,270	9,367	8,769	9,077	9,495
Provision for bonuses	-	2,858	3,097	3,126	3,184	3,267	3,379	3,564	4,014	3,844	3,806	3,885	4,480
Contract liabilities	-	-	-	-	-	-	-	-	-	-	-	16,139	16,443
Other	-	14,774	16,066	21,036	18,829	18,965	22,424	22,058	28,176	27,314	27,319	36,520	43,126
Current liabilities	-	118,682	128,903	133,282	139,523	139,420	152,334	161,327	186,115	176,839	170,282	190,683	203,263
Provision for bonuses	-	2,858	3,097	3,126	3,184	3,267	3,379	3,564	4,014	3,844	3,806	3,885	4,480
Other	-	14,774	16,066	21,036	18,829	18,965	22,424	22,058	28,176	27,314	27,319	36,520	43,126
Current liabilities	-	118,682	128,903	133,282	139,523	139,420	152,334	161,327	186,115	176,839	170,282	190,683	203,263
Long-term borrowings	-	-	-	-	-	1,700	1,700	1,700	1,700	1,700	1,700	-	1,700
Lease liabilities	-	1,604	1,412	1,774	1,600	1,399	1,408	1,058	1,583	1,519	1,485	1,413	1,204
Provision for retirement benefits	-	2,146	2,288	-	-	-	-	-	-	-	-	-	-
Provision for retirement benefits for directors (and other officers)	-	522	535	582	588	646	647	690	713	762	698	721	644
Provision for retirement benefits for directors (and other officers)	-	522	535	582	588	646	647	690	713	762	698	721	644
Retirement benefit liability	-	-	-	2,533	7,640	8,456	8,533	9,205	8,999	9,336	9,210	6,360	6,961
Other	-	453	465	575	653	687	1,162	1,085	1,077	1,098	1,104	1,105	1,080
Non-current liabilities	-	5,207	5,618	7,882	10,829	13,228	13,451	13,740	14,074	14,416	14,198	9,600	11,591
Liabilities	-	123,890	134,522	141,165	150,352	152,648	165,785	175,067	200,190	191,256	184,480	200,283	214,854
Share capital	-	10,374	10,374	10,374	10,374	10,374	10,374	10,374	10,374	10,374	10,374	10,374	10,374
Capital surplus	-	16,254	16,254	16,254	16,254	16,254	16,254	16,254	16,254	16,254	16,254	16,254	16,254
Capital surplus	-	16,254	16,254	16,254	16,254	16,254	16,254	16,254	16,254	16,254	16,254	16,254	16,254
Retained earnings	-	115,688	129,640	145,326	154,389	170,572	189,816	209,335	236,544	254,997	272,834	288,660	311,537
Retained earnings	-	115,688	129,640	145,326	154,389	170,572	189,816	209,335	236,544	254,997	272,834	288,660	311,537
Treasury shares	-	-126	-127	-135	-136	-137	-137	-139	-139	-139	-139	-140	-141
Shareholders' equity	-	142,191	156,142	171,820	180,881	197,064	216,308	235,825	263,034	281,487	299,323	315,149	338,025
Valuation difference on available-for-sale securities	-	678	2,314	2,974	4,617	4,517	7,348	4,544	6,117	5,527	8,734	6,835	7,424
Revaluation reserve for land	-	-14,304	-14,304	-14,069	-14,055	-13,037	-12,097	-11,650	-11,402	-11,402	-10,987	-6,141	-5,269
Deferred gains or losses on hedges	-	-	-	-	-	-	2	-23	2	-5	8	-26	-35
Valuation and translation adjustments	-	-13,719	-11,991	-8,543	-7,652	-7,212	-3,411	-6,098	-3,705	-4,139	-580	4,239	5,087
Revaluation reserve for land	-	-14,304	-14,304	-14,069	-14,055	-13,037	-12,097	-11,650	-11,402	-11,402	-10,987	-6,141	-5,269
Foreign currency translation adjustment	-	-93	-	52	25	13	45	3	7	15	151	200	289
Remeasurements of defined benefit plans	-	-	-	2,499	1,759	1,293	1,289	1,027	1,569	1,725	1,513	3,371	2,678
Valuation and translation adjustments	-	-13,719	-11,991	-8,543	-7,652	-7,212	-3,411	-6,098	-3,705	-4,139	-580	4,239	5,087
Net assets	117,385	129,268	145,066	164,347	174,402	191,173	214,532	231,664	261,622	280,035	301,774	322,732	346,950
Non-controlling interests	-	-	-	-	1,173	1,321	1,634	1,938	2,293	2,687	3,030	3,343	3,838
Net assets	117,385	129,268	145,066	164,347	174,402	191,173	214,532	231,664	261,622	280,035	301,774	322,732	346,950
Liabilities and net assets	-	253,158	279,589	305,513	324,755	343,821	380,317	406,732	461,812	471,292	486,254	523,016	561,805