JP-listed companies
POLA ORBIS HOLDINGS INC.

POLA ORBIS HOLDINGS INC.JP:4927

Market cap

¥322.9B

P/E ratio

33.2x

Income statement Balance sheet Cash flow

	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
Net sales	180,873	191,355	198,094	214,788	218,482	244,335	248,574	219,920	176,311	178,642	166,307	173,304
Cost of sales	36,946	38,655	39,326	41,800	40,940	41,632	41,521	35,925	29,979	28,720	31,037	31,227
Operating expenses	130,407	136,682	141,083	150,477	150,702	163,822	167,556	152,857	132,578	133,033	122,688	125,996
Gross profit (loss)	143,927	152,700	158,767	172,988	177,542	202,703	207,052	183,995	146,331	149,921	135,270	142,076
Operating profit (loss)	13,520	16,017	17,683	22,511	26,909	38,881	39,496	31,137	13,752	16,888	12,581	16,080
Sales commission	45,240	46,202	45,932	48,822	46,618	53,851	55,664	48,376	35,996	33,992	34,870	34,976
Promotion expenses	17,491	18,767	20,079	23,616	26,369	26,595	24,518	22,698	19,483	17,989	11,283	11,032
Packing and transportation costs	4,845	4,853	5,135	5,083	4,984	4,857	5,217	5,034	5,019	4,793	5,492	5,709
Advertising expenses	7,293	7,145	7,186	8,117	8,794	12,792	12,584	11,486	10,834	12,113	11,026	12,556
Salaries, allowances and bonuses	20,763	22,167	22,884	23,373	21,687	22,395	22,752	21,343	20,674	21,443	21,481	21,732
Welfare expenses	3,220	3,684	3,997	3,977	3,754	4,060	4,271	3,966	3,731	4,108	4,219	4,432
Retirement benefit expenses	692	660	782	771	726	786	894	758	755	730	768	692
Provision for bonuses	1,306	1,602	1,597	1,625	1,547	1,375	1,532	1,358	1,359	1,619	1,591	1,644
Depreciation	4,546	4,796	4,927	4,655	5,021	4,717	4,945	5,279	5,229	5,482	6,774	6,311
Amortization of goodwill	829	1,061	898	765	749	61	58	-	-	283	378	-
Other	22,554	23,968	24,830	25,934	27,046	28,732	30,115	29,798	27,085	30,476	24,806	26,908
Selling, general and administrative expenses	130,407	136,682	141,083	150,477	150,702	163,822	167,556	152,857	132,578	133,033	122,688	125,996
Interest income	468	406	345	279	246	230	209	191	186	147	164	237
Foreign exchange gains	544	1,282	990	-	-	31	-	-	-	1,974	2,355	2,122
Other	189	235	336	291	202	146	210	147	157	176	252	330
Foreign exchange gains	544	1,282	990	-	-	31	-	-	-	1,974	2,355	2,122
Non-operating income	1,243	1,972	1,684	585	462	465	476	394	344	2,297	2,773	2,691
Other	189	235	336	291	202	146	210	147	157	176	252	330
Non-operating income	1,243	1,972	1,684	585	462	465	476	394	344	2,297	2,773	2,691
Operating profit (loss)	13,520	16,017	17,683	22,511	26,909	38,881	39,496	31,137	13,752	16,888	12,581	16,080
Interest expenses	73	94	177	139	63	69	59	84	88	88	91	103
Commission expenses	-	-	-	-	-	-	-	-	71	73	102	127
Loss related to COVID-19	-	-	-	-	-	-	-	-	-	-	75	-
Other	46	60	124	139	52	26	123	77	108	55	35	70
Information security expenses	-	-	-	-	-	-	-	-	-	-	121	-
Non-operating expenses	158	154	301	737	180	96	1,017	901	1,517	217	427	302
Other	46	60	124	139	52	26	123	77	108	55	35	70
Non-operating expenses	158	154	301	737	180	96	1,017	901	1,517	217	427	302
Interest income	468	406	345	279	246	230	209	191	186	147	164	237
Foreign exchange gains	544	1,282	990	-	-	31	-	-	-	1,974	2,355	2,122
Other	189	235	336	291	202	146	210	147	157	176	252	330
Foreign exchange gains	544	1,282	990	-	-	31	-	-	-	1,974	2,355	2,122
Non-operating income	1,243	1,972	1,684	585	462	465	476	394	344	2,297	2,773	2,691
Other	189	235	336	291	202	146	210	147	157	176	252	330
Non-operating income	1,243	1,972	1,684	585	462	465	476	394	344	2,297	2,773	2,691
Ordinary profit (loss)	14,604	17,836	19,067	22,359	27,191	39,250	38,954	30,630	12,579	18,968	14,928	18,469
Interest expenses	73	94	177	139	63	69	59	84	88	88	91	103
Commission expenses	-	-	-	-	-	-	-	-	71	73	102	127
Loss related to COVID-19	-	-	-	-	-	-	-	-	-	-	75	-
Other	46	60	124	139	52	26	123	77	108	55	35	70
Information security expenses	-	-	-	-	-	-	-	-	-	-	121	-
Non-operating expenses	158	154	301	737	180	96	1,017	901	1,517	217	427	302
Other	46	60	124	139	52	26	123	77	108	55	35	70
Non-operating expenses	158	154	301	737	180	96	1,017	901	1,517	217	427	302
Compensation income	-	-	-	-	-	-	-	-	-	-	-	376
Reversal of foreign currency translation adjustment	-	-	-	538	7	5	-	-	-	-	-	297
Extraordinary income	136	913	2,178	1,276	11,809	630	28	286	880	383	762	674
Gain on sale of non-current assets	3	468	2,176	738	10,182	624	2	-	3	1	762	-
Extraordinary income	136	913	2,178	1,276	11,809	630	28	286	880	383	762	674
Ordinary profit (loss)	14,604	17,836	19,067	22,359	27,191	39,250	38,954	30,630	12,579	18,968	14,928	18,469
Loss on retirement of non-current assets	222	391	186	272	245	239	440	345	234	671	496	697
Impairment losses	194	3,057	6,150	107	14,957	404	11,426	689	2,608	853	2,539	1,813
Loss on valuation of investment securities	-	-	-	-	-	-	-	-	128	31	165	361
Other	12	44	68	31	37	27	724	69	36	4	12	140
Loss on liquidation of business	-	1,030	206	539	-	413	10,327	-	-	-	165	770
Extraordinary losses	429	5,455	8,267	950	15,304	1,450	22,919	1,104	4,291	1,740	3,379	3,783
Other	12	44	68	31	37	27	724	69	36	4	12	140
Extraordinary losses	429	5,455	8,267	950	15,304	1,450	22,919	1,104	4,291	1,740	3,379	3,783
Compensation income	-	-	-	-	-	-	-	-	-	-	-	376
Reversal of foreign currency translation adjustment	-	-	-	538	7	5	-	-	-	-	-	297
Extraordinary income	136	913	2,178	1,276	11,809	630	28	286	880	383	762	674
Gain on sale of non-current assets	3	468	2,176	738	10,182	624	2	-	3	1	762	-
Extraordinary income	136	913	2,178	1,276	11,809	630	28	286	880	383	762	674
Profit (loss) before income taxes	14,311	13,293	12,978	22,685	24,746	38,430	16,064	29,813	9,169	17,612	12,311	15,360
Loss on retirement of non-current assets	222	391	186	272	245	239	440	345	234	671	496	697
Impairment losses	194	3,057	6,150	107	14,957	404	11,426	689	2,608	853	2,539	1,813
Loss on valuation of investment securities	-	-	-	-	-	-	-	-	128	31	165	361
Other	12	44	68	31	37	27	724	69	36	4	12	140
Loss on liquidation of business	-	1,030	206	539	-	413	10,327	-	-	-	165	770
Extraordinary losses	429	5,455	8,267	950	15,304	1,450	22,919	1,104	4,291	1,740	3,379	3,783
Other	12	44	68	31	37	27	724	69	36	4	12	140
Extraordinary losses	429	5,455	8,267	950	15,304	1,450	22,919	1,104	4,291	1,740	3,379	3,783
Income taxes - current	7,358	7,122	2,678	9,036	7,534	11,756	12,885	7,835	4,482	5,118	5,233	1,300
Profit (loss) before income taxes	14,311	13,293	12,978	22,685	24,746	38,430	16,064	29,813	9,169	17,612	12,311	15,360
Income taxes - deferred	287	-1,084	281	-469	-255	-475	-5,210	2,276	45	702	-4,429	4,327
Income taxes - current	7,358	7,122	2,678	9,036	7,534	11,756	12,885	7,835	4,482	5,118	5,233	1,300
Income taxes	7,646	6,037	2,960	8,567	7,279	11,281	7,675	10,111	4,527	5,821	804	5,627
Income taxes - deferred	287	-1,084	281	-469	-255	-475	-5,210	2,276	45	702	-4,429	4,327
Profit (loss)	-	-	-	14,118	17,467	27,148	8,389	19,701	4,641	11,790	11,507	9,732
Income taxes	7,646	6,037	2,960	8,567	7,279	11,281	7,675	10,111	4,527	5,821	804	5,627
Profit (loss)	-	-	-	14,118	17,467	27,148	8,389	19,701	4,641	11,790	11,507	9,732
Profit (loss) attributable to non-controlling interests	-	-	-	23	19	11	-	6	9	56	61	67
Profit (loss) attributable to owners of parent	-	-	-	14,095	17,447	27,137	8,388	19,694	4,632	11,734	11,446	9,665