- JP-listed companies
- MAX CO., LTD.
MAX CO., LTD.JP:6454
Market cap
¥186.8B
P/E ratio
17.8x
| 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 | 4,171 | 4,525 | 5,375 | 5,710 | 6,349 | 6,072 | 7,124 | 7,432 | 7,032 | 8,249 | 10,300 | 13,699 |
| Depreciation | 1,785 | 1,956 | 1,924 | 1,980 | 2,036 | 2,169 | 2,262 | 2,466 | 2,522 | 2,811 | 3,022 | 3,054 |
| Impairment losses | 19 | 415 | 31 | 154 | 103 | 13 | 11 | 21 | - | - | 185 | 15 |
| Increase (decrease) in allowance for doubtful accounts | -1 | -1 | 23 | -13 | -14 | - | - | - | 3 | 2 | - | -1 |
| Increase (decrease) in provision for bonuses | 164 | 74 | -20 | 30 | 298 | 46 | -11 | -22 | 104 | -1 | 787 | 222 |
| Increase (decrease) in provision for bonuses for directors (and other officers) | 14 | -23 | 1 | - | 9 | -11 | 2 | - | 13 | -8 | 30 | 23 |
| Increase (decrease) in provision for product warranties | - | - | 65 | -17 | -3 | - | 83 | -25 | -18 | 88 | -55 | 34 |
| Increase (decrease) in retirement benefit liability | - | 627 | 25 | 245 | 713 | 931 | 201 | 130 | 309 | -174 | -404 | -629 |
| Interest and dividend income | -269 | -203 | -211 | -219 | -207 | -213 | -213 | -222 | -178 | -198 | -255 | -381 |
| Interest expenses | 40 | 40 | 39 | 40 | 45 | 39 | 38 | 39 | 42 | 57 | 41 | 35 |
| Foreign exchange losses (gains) | - | -2 | -101 | 39 | 3 | 38 | -4 | 47 | -166 | -391 | -321 | -576 |
| Loss on abandonment of non-current assets | 108 | 38 | 91 | 21 | 20 | 22 | 191 | 212 | 16 | 36 | 48 | 46 |
| Loss (gain) on sale of non-current assets | - | 24 | 8 | -41 | -17 | -32 | -59 | -16 | - | -3 | -33 | -1 |
| Loss (gain) on sale of investment securities | 102 | -26 | - | -91 | - | - | -10 | -315 | -29 | - | -9 | -69 |
| Loss (gain) on valuation of investment securities | 469 | - | - | - | - | - | - | 288 | - | - | 18 | - |
| Increase in employee deposits (decrease) | - | - | - | - | - | - | 68 | -78 | -7 | -1 | - | 86 |
| Decrease (increase) in trade receivables | -202 | -575 | 897 | -559 | -537 | -27 | 441 | 701 | 1,042 | -940 | -714 | -632 |
| Decrease (increase) in inventories | -229 | 304 | 111 | 265 | 222 | -98 | -676 | -94 | -401 | -2,230 | -2,329 | 887 |
| Increase (decrease) in trade payables | -414 | -222 | -754 | 456 | -64 | -165 | -23 | -393 | 338 | 523 | -70 | -610 |
| Decrease (increase) in consumption taxes refund receivable | - | - | - | - | - | - | - | - | - | -778 | 665 | 112 |
| Increase (decrease) in accrued consumption taxes | 128 | -171 | 229 | -221 | 168 | -138 | -18 | 246 | -95 | -90 | -66 | 318 |
| Decrease (increase) in other assets | 17 | 462 | 112 | 95 | 83 | -90 | -92 | 232 | - | -26 | -115 | -129 |
| Increase (decrease) in other liabilities | 36 | -175 | -112 | -480 | 241 | -27 | 71 | -262 | 193 | 229 | 199 | 536 |
| Subtotal | 6,254 | 6,718 | 8,356 | 7,446 | 9,584 | 8,618 | 9,444 | 10,171 | 10,497 | 7,154 | 10,924 | 16,069 |
| Interest and dividends received | 355 | 205 | 314 | 314 | 303 | 298 | 304 | 290 | 230 | 240 | 280 | 381 |
| Interest paid | -41 | -39 | -39 | -40 | -45 | -39 | -33 | -39 | -44 | -62 | -40 | -32 |
| Income taxes paid | -1,789 | -2,083 | -1,917 | -2,249 | -1,329 | -2,057 | -1,901 | -2,310 | -2,112 | -1,703 | -2,915 | -4,298 |
| Net cash provided by (used in) operating activities | 4,779 | 4,801 | 6,713 | 5,471 | 8,512 | 6,859 | 7,814 | 8,330 | 8,798 | 5,629 | 8,248 | 12,120 |
| Payments into time deposits | -253 | -400 | - | - | - | - | - | - | - | -791 | -727 | -1,960 |
| Proceeds from withdrawal of time deposits | 252 | 652 | - | - | - | - | - | - | - | - | 976 | 650 |
| Purchase of short-term and long-term investment securities | -6,687 | -7,567 | -4,391 | -3,072 | -3,049 | -4,592 | -9,182 | -8,620 | -3,011 | -1,204 | -2,603 | -5,907 |
| Proceeds from sale and redemption of short-term and long-term investment securities | 8,451 | 4,201 | 3,631 | 4,193 | 3,200 | 4,200 | 5,913 | 5,466 | 2,848 | 3,900 | 4,818 | 6,484 |
| Purchase of property, plant and equipment | -2,087 | -1,430 | -1,382 | -1,989 | -2,000 | -2,546 | -3,156 | -2,722 | -4,943 | -4,160 | -3,387 | -2,708 |
| Payments for retirement of property, plant and equipment | - | - | - | - | - | - | - | -69 | -150 | - | -32 | -18 |
| Proceeds from sale of property, plant and equipment | 7 | 104 | 263 | 222 | 21 | 45 | 72 | 153 | - | 10 | 39 | 2 |
| Purchase of intangible assets | -100 | -102 | -70 | -43 | -88 | -110 | -76 | -177 | -136 | -227 | -186 | -236 |
| Loan advances | -25 | -41 | -14 | -6 | -3 | -2 | -14 | -57 | -2 | -1 | -1 | -41 |
| Proceeds from collection of loans receivable | 145 | 135 | 108 | 125 | 112 | 74 | 53 | 42 | 46 | 36 | 31 | 21 |
| Payments for asset retirement obligations | - | - | - | - | -10 | - | - | - | - | -4 | -14 | - |
| Net cash provided by (used in) investing activities | -1,207 | -6,090 | -1,275 | -570 | -1,816 | -2,931 | -6,384 | -5,986 | -5,349 | -1,651 | -1,085 | -3,715 |
| Proceeds from borrowings | 100 | 50 | - | - | - | 150 | - | - | - | - | 125 | 750 |
| Repayments of borrowings | -144 | -551 | -2 | - | - | -150 | - | - | - | - | -150 | -1,550 |
| Purchase of treasury shares | -6 | -1,327 | -9 | -16 | -8 | -7 | -532 | -1 | -1,976 | -744 | - | -2,433 |
| Dividends paid | -1,814 | -1,811 | -1,788 | -1,823 | -1,922 | -2,070 | -2,068 | -2,152 | -2,248 | -2,290 | -3,024 | -3,687 |
| Repayments of lease liabilities | -213 | -207 | -225 | -231 | -217 | -201 | -223 | -257 | -258 | -238 | -282 | -274 |
| Net cash provided by (used in) financing activities | -2,200 | -3,901 | -2,025 | -2,068 | -2,152 | -2,279 | -2,824 | -2,411 | -4,483 | -3,274 | -3,332 | -7,196 |
| Effect of exchange rate change on cash and cash equivalents | 315 | 143 | 373 | -392 | -361 | 109 | -137 | -272 | 594 | 1,177 | 721 | 1,383 |
| Net increase (decrease) in cash and cash equivalents | 1,686 | -5,047 | 3,786 | 2,439 | 4,182 | 1,757 | -1,532 | -340 | -440 | 1,880 | 4,552 | 2,591 |