JP-listed companies
NICHIA STEEL WORKS,LTD.

NICHIA STEEL WORKS,LTD.JP:5658

Market cap

¥15.6B

P/E ratio

14.8x

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	Mar 31, 2024
Net sales	27,444	28,517	27,802	26,217	26,333	28,281	31,247	30,939	27,816	30,721	34,075	34,498
Cost of sales	23,207	23,431	23,318	22,113	21,613	22,952	25,310	24,568	22,066	24,317	27,762	28,605
Gross profit (loss)	4,237	5,085	4,484	4,104	4,720	5,329	5,937	6,371	5,751	6,404	6,313	5,892
Freight-out	1,309	1,380	1,373	1,332	1,357	1,393	1,561	1,519	1,400	1,475	1,450	1,409
Packing costs	226	253	265	276	316	357	415	408	364	419	417	395
Provision of allowance for doubtful accounts	-	1	115	-35	1	27	-9	0	-0	0	1	-0
Remuneration for directors (and other officers)	166	181	204	212	215	228	251	239	266	267	262	268
Salaries	758	743	741	813	823	869	925	901	857	904	969	993
Provision for bonuses	55	55	52	52	60	61	71	77	74	92	88	90
Retirement benefit expenses	47	52	45	43	67	58	51	53	60	21	40	41
Provision for retirement benefits for directors (and other officers)	33	33	33	33	32	35	38	36	41	38	32	39
Welfare expenses	184	193	202	220	225	243	265	242	247	248	254	261
Rent expenses	113	111	119	121	121	122	121	115	111	111	115	119
Miscellaneous expenses	580	616	629	771	928	988	1,087	1,031	840	816	863	943
Selling, general and administrative expenses	3,471	3,617	3,777	3,837	4,145	4,382	4,776	4,621	4,260	4,391	4,491	4,556
Selling, general and administrative expenses	3,471	3,617	3,777	3,837	4,145	4,382	4,776	4,621	4,260	4,391	4,491	4,556
Operating profit (loss)	766	1,469	707	266	576	947	1,160	1,750	1,491	2,013	1,823	1,336
Interest income	155	167	158	126	133	142	132	133	109	86	108	143
Interest and dividend income	-	-	-	-	-	-	-	-	-	-	443	528
Dividend income	256	263	289	420	200	235	249	256	238	261	328	331
Gain on redemption of securities	-	-	-	-	-	-	-	-	-	19	4	-
Gain on sale of securities	-	131	282	202	77	6	76	0	17	19	-	291
Gain on redemption of securities	-	-	-	-	-	-	-	-	-	19	4	-
Surrender value of insurance policies	-	-	-	8	108	25	24	-	3	41	13	-
Surrender value of insurance policies	-	-	-	8	108	25	24	-	3	41	13	-
Miscellaneous income	73	130	179	81	47	51	34	26	38	63	60	77
Solar power electrical sales income	-	-	-	25	60	61	59	60	61	59	57	59
Non-operating income	520	726	939	860	657	551	612	509	502	668	617	954
Foreign exchange gains	-	-	-	-	-	-	5	-	4	56	47	54
Miscellaneous income	73	130	179	81	47	51	34	26	38	63	60	77
Non-operating income	520	726	939	860	657	551	612	509	502	668	617	954
Interest expenses	76	65	94	82	71	69	80	34	32	19	21	19
Share of loss of entities accounted for using equity method	-	59	223	147	64	88	110	87	-	-	94	118
Miscellaneous expenses	4	11	26	52	20	9	25	12	10	15	10	6
Cost of solar power electricity sales	-	-	-	20	42	38	35	34	29	27	25	22
Non-operating expenses	93	135	343	338	208	239	250	225	71	61	150	165
Miscellaneous expenses	4	11	26	52	20	9	25	12	10	15	10	6
Non-operating expenses	93	135	343	338	208	239	250	225	71	61	150	165
Ordinary profit (loss)	1,193	2,059	1,303	789	1,025	1,259	1,522	2,034	1,922	2,620	2,289	2,125
Gain on sale of non-current assets	48	0	5	0	0	0	0	0	0	0	0	1
Gain on sale of investment securities	-	50	-	-	-	-	-	-	-	-	-	8
Gain on sale of investment securities	-	50	-	-	-	-	-	-	-	-	-	8
Gain on sale of non-current assets	48	0	5	0	0	0	0	0	0	0	0	1
Insurance income on disaster	-	-	-	-	-	-	617	39	-	-	-	26
Extraordinary income	93	131	5	0	0	0	652	51	204	0	0	77
Gain on extinguishment of tie-in shares	-	-	-	-	-	-	-	-	-	-	-	42
Extraordinary income	93	131	5	0	0	0	652	51	204	0	0	77
Loss on valuation of shares of subsidiaries and associates	40	-	-	-	-	-	-	-	-	-	96	34
Loss on retirement of non-current assets	-	-	-	-	-	-	26	16	17	13	21	35
Loss on sale of non-current assets	-	-	-	-	-	-	0	0	107	0	0	-
Loss on retirement of non-current assets	-	-	-	-	-	-	26	16	17	13	21	35
Loss on valuation of shares of subsidiaries and associates	40	-	-	-	-	-	-	-	-	-	96	34
Loss on sale of non-current assets	-	-	-	-	-	-	0	0	107	0	0	-
Loss on disaster	-	-	-	-	-	-	368	34	-	-	-	23
Extraordinary losses	119	1,018	123	114	29	46	1,087	1,442	144	32	28	93
Provision of allowance for investment loss	-	-	-	-	-	-	-	-	-	-	6	-
Extraordinary losses	119	1,018	123	114	29	46	1,087	1,442	144	32	28	93
Profit (loss) before income taxes	1,168	1,172	1,185	675	996	1,213	1,087	643	1,981	2,589	2,262	2,108
Income taxes - current	265	545	548	240	378	428	621	241	272	827	683	699
Income taxes - deferred	121	-61	14	-21	-156	-11	-635	9	297	-37	26	-32
Income taxes	386	484	561	219	222	417	-14	250	568	791	709	667
Profit (loss)	-	-	624	456	774	796	1,101	393	1,413	1,798	1,553	1,442
Profit (loss) attributable to non-controlling interests	-	-	-167	2	87	31	121	8	79	82	220	183
Profit (loss) attributable to owners of parent	-	-	791	454	687	765	979	384	1,334	1,716	1,333	1,259