- JP-listed companies
- Harmonic Drive Systems Inc.
Harmonic Drive Systems Inc.JP:6324
Market cap
¥286.5B
P/E ratio
| 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 | |
| Profit (loss) before income taxes | 3,229 | 4,772 | 7,470 | 7,804 | 21,875 | 12,222 | 17,237 | 126 | 1,019 | 9,012 | 10,195 | -27,606 |
| Depreciation | 1,120 | 1,171 | 1,305 | 1,524 | 1,774 | 5,164 | 5,566 | 6,827 | 6,464 | 7,278 | 8,520 | 9,190 |
| Impairment losses | - | - | - | - | - | - | - | 308 | - | 55 | - | 28,159 |
| Amortization of goodwill | - | - | - | - | - | 688 | 681 | 904 | 925 | 976 | 1,054 | 1,173 |
| Increase (decrease) in allowance for doubtful accounts | 7 | -8 | - | -30 | 1 | -4 | 2 | 10 | 4 | -6 | -5 | 3 |
| Increase (decrease) in retirement benefit liability | - | 13 | 19 | -22 | -13 | 762 | -65 | 85 | 53 | -109 | -382 | -45 |
| Increase (decrease) in provision for retirement benefits for directors (and other officers) | 28 | -10 | 36 | 36 | -27 | -747 | 62 | 47 | 3 | -22 | -478 | - |
| Increase (decrease) in provision for operating officers' retirement benefits | 15 | -51 | 21 | 15 | 1 | 19 | 13 | 20 | 9 | -5 | -49 | 24 |
| Increase (decrease) in provision for bonuses for directors (and other officers) | -24 | 41 | 50 | 13 | 43 | 110 | 109 | -418 | 10 | 198 | 40 | -294 |
| Increase (decrease) in provision for loss on compensation for after-care of products | 2 | -22 | 17 | 50 | -26 | -9 | 88 | -30 | -4 | -83 | -1 | 79 |
| Interest income | -16 | -6 | -8 | -9 | -10 | -18 | -25 | -33 | -39 | -13 | -15 | -97 |
| Dividend income | -121 | -118 | -140 | -234 | -175 | -252 | -251 | -251 | -252 | -264 | -268 | -276 |
| Interest expenses | 57 | 43 | 6 | 11 | 7 | 42 | 23 | 113 | 106 | 138 | 167 | 177 |
| Share of loss (profit) of entities accounted for using equity method | -77 | -86 | -300 | -59 | -146 | -25 | -10 | 68 | 14 | 5 | 1 | 42 |
| Subsidy income | - | - | - | - | - | -100 | -160 | -60 | -60 | - | -2 | -2 |
| Loss (gain) on sale of non-current assets | -1 | - | -3 | -0 | -1 | -4 | 26 | -8 | -1 | -2 | -2 | -6 |
| Loss on retirement of non-current assets | 45 | 1 | 14 | 28 | 19 | 11 | 202 | 47 | 26 | 47 | 62 | 24 |
| Loss on tax purpose reduction entry of non-current assets | - | - | - | - | - | 100 | 160 | 60 | 60 | - | 2 | 2 |
| Decrease (increase) in trade receivables | 838 | -1,578 | -1,679 | 66 | -644 | -4,787 | -1,767 | 10,028 | -2,531 | -5,616 | -1,636 | 6,235 |
| Decrease (increase) in inventories | 62 | -135 | -333 | -15 | -514 | -2,576 | -1,099 | 1,465 | -105 | -3,324 | -2,540 | 603 |
| Increase (decrease) in trade payables | -14 | 167 | 348 | 169 | -138 | 393 | 500 | -1,960 | 935 | 1,295 | -458 | -751 |
| Other, net | -144 | 363 | 367 | -394 | 230 | 1,368 | -569 | -1,249 | 903 | 1,264 | 1,348 | -470 |
| Subtotal | 5,227 | 4,558 | 7,189 | 8,951 | 8,293 | 12,353 | 20,722 | 15,834 | 7,540 | 10,803 | 15,552 | 16,165 |
| Interest and dividends received | 130 | 132 | 149 | 243 | 186 | 270 | 276 | 285 | 291 | 277 | 283 | 371 |
| Subsidies received | - | - | - | - | - | 100 | 160 | 60 | 60 | - | 2 | 2 |
| Interest paid | -59 | -38 | -16 | -11 | -6 | -43 | -22 | -112 | -103 | -143 | -177 | -183 |
| Income taxes paid | -786 | -1,153 | -2,041 | -3,154 | -1,839 | -3,460 | -6,200 | -5,347 | -441 | -1,311 | -4,967 | -3,893 |
| Income taxes refund | 40 | 8 | 19 | 22 | 46 | 14 | 186 | 230 | 2,207 | 256 | 158 | 267 |
| Net cash provided by (used in) operating activities | 4,700 | 3,643 | 5,495 | 6,499 | 7,226 | 9,234 | 15,122 | 10,950 | 9,555 | 9,882 | 10,850 | 12,729 |
| Purchase of property, plant and equipment | -1,135 | -1,224 | -1,878 | -4,287 | -3,798 | -9,175 | -21,040 | -11,325 | -1,326 | -4,737 | -8,839 | -4,935 |
| Proceeds from sale of property, plant and equipment | 1 | - | 8 | 2 | 2 | 4 | 317 | 13 | 130 | 8 | 3 | 15 |
| Purchase of intangible assets | -35 | -82 | -64 | -72 | -26 | -271 | -236 | -60 | -60 | -76 | -230 | -378 |
| Payments into time deposits | -551 | -1,957 | -1,709 | -2,047 | -2,018 | -1,187 | -350 | -257 | -265 | -247 | -1,702 | -2,188 |
| Proceeds from withdrawal of time deposits | 4,990 | 2,094 | 1,595 | 1,996 | 2,025 | 2,454 | 255 | 236 | 276 | 349 | 2,108 | 1,707 |
| Payments of leasehold and guarantee deposits | -3 | -15 | -11 | -26 | -8 | -3 | -36 | -5 | -4 | -33 | -9 | -10 |
| Proceeds from refund of leasehold and guarantee deposits | 3 | 1 | 1 | 7 | 5 | 5 | 10 | 40 | 20 | 5 | 5 | 37 |
| Loan advances to subsidiaries and associates | - | - | - | - | - | - | - | - | - | - | - | -200 |
| Other, net | 0 | 80 | -46 | 30 | 0 | 0 | -0 | 0 | -1 | 0 | 0 | 0 |
| Net cash provided by (used in) investing activities | 3,272 | -1,103 | -2,104 | -4,394 | -32,523 | -8,171 | -22,400 | -12,537 | -4,181 | -4,703 | -8,663 | -5,950 |
| Proceeds from short-term borrowings | 10 | 20 | 550 | 690 | 15,065 | 17,030 | 761 | 272 | 810 | 12,010 | 9,910 | 2,480 |
| Repayments of short-term borrowings | -10 | -20 | -430 | -780 | -95 | -32,001 | -792 | -60 | -810 | -11,910 | -7,610 | -4,410 |
| Proceeds from long-term borrowings | - | 111 | 538 | 440 | - | 1,477 | 573 | 5,000 | 120 | 11,342 | 6,000 | 70 |
| Repayments of long-term borrowings | -1,753 | -4,813 | -131 | -203 | -212 | -237 | -376 | -353 | -744 | -884 | -2,243 | -2,657 |
| Repayments of lease liabilities | -84 | -85 | -62 | -64 | -56 | -51 | -54 | -274 | -309 | -473 | -552 | -642 |
| Purchase of treasury shares | -0 | - | -0 | - | - | - | -0 | - | -0 | -0 | -5,000 | -397 |
| Dividends paid | -672 | -733 | -1,130 | -1,466 | -1,740 | -2,015 | -3,174 | -2,791 | -1,926 | -1,927 | -2,105 | -2,566 |
| Net cash provided by (used in) financing activities | -2,546 | -5,591 | -738 | -1,385 | 24,648 | 17,494 | -3,271 | 2,362 | -3,612 | 8,124 | -1,600 | -8,122 |
| Effect of exchange rate change on cash and cash equivalents | 107 | 221 | 193 | -11 | -122 | 95 | -172 | -33 | -109 | 256 | 567 | 364 |
| Net increase (decrease) in cash and cash equivalents | 5,533 | -2,830 | 2,846 | 709 | -770 | 18,652 | -10,720 | 742 | 1,654 | -1,229 | 1,154 | -980 |