JP-listed companies
DAIHEN CORPORATION

DAIHEN CORPORATIONJP:6622

Market cap

¥169B

P/E ratio

23.6x

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	91,362	109,206	122,060	131,197	134,870	149,448	143,457	145,044	145,144	160,618	185,288	188,571
Cost of sales	62,032	73,888	81,309	87,426	90,505	102,448	99,186	100,022	98,298	111,939	132,101	135,166
Gross profit (loss)	29,329	35,318	40,750	43,770	44,365	47,000	44,271	45,021	46,845	48,679	53,187	53,404
Freight and packing costs	3,189	3,388	3,645	4,449	4,898	5,446	5,551	5,633	5,428	4,531	4,796	5,116
Travel, transportation and communication expenses	1,091	1,221	1,436	1,412	1,394	1,434	1,277	1,145	659	729	932	1,217
Salaries and allowances and welfare expenses	8,799	9,523	10,246	10,833	10,757	11,128	10,974	10,907	10,582	10,750	11,524	12,654
Provision for bonuses	1,098	1,228	1,515	1,665	1,683	1,815	1,294	1,579	1,976	1,928	2,111	1,537
Provision for bonuses for directors (and other officers)	79	84	99	106	104	111	74	90	100	106	124	78
Provision for retirement benefits for directors (and other officers)	23	17	16	14	15	11	12	13	13	10	10	16
Retirement benefit expenses	876	791	614	521	436	301	333	492	611	557	325	18
Depreciation	1,466	1,479	1,527	1,267	1,251	1,235	1,386	1,438	1,377	1,390	1,416	1,475
Research and development expenses	2,059	2,985	3,807	4,223	4,542	4,629	4,532	4,608	4,777	5,220	5,605	5,356
Other	7,660	8,253	9,426	9,946	10,575	10,831	10,464	10,046	9,135	9,260	9,772	10,787
Selling, general and administrative expenses	26,345	28,974	32,335	34,441	35,660	36,945	35,902	35,956	34,662	34,487	36,619	38,259
Selling, general and administrative expenses	26,345	28,974	32,335	34,441	35,660	36,945	35,902	35,956	34,662	34,487	36,619	38,259
Operating profit (loss)	2,984	6,343	8,415	9,329	8,705	10,054	8,369	9,065	12,183	14,191	16,568	15,145
Interest income	54	67	66	71	71	83	70	83	63	95	114	169
Interest and dividend income	-	-	-	-	-	-	-	-	-	-	2,025	1,712
Dividend income	130	136	158	192	204	222	241	264	240	331	284	303
Other	391	342	414	473	524	328	380	407	596	678	536	568
Share of profit of entities accounted for using equity method	188	104	239	135	91	129	91	149	807	154	182	235
Non-operating income	1,421	1,126	1,324	1,189	1,218	1,061	1,259	1,238	2,291	2,310	1,836	2,211
Foreign exchange gains	255	136	120	-	-	-	-	-	257	610	209	443
Rental income from land and buildings	81	82	80	84	88	83	78	83	123	197	200	215
Gain on sale of scraps	203	164	182	177	162	164	195	206	154	206	256	253
Technical advisory fee income	116	92	62	54	77	48	49	42	47	36	51	22
Other	391	342	414	473	524	328	380	407	596	678	536	568
Non-operating income	1,421	1,126	1,324	1,189	1,218	1,061	1,259	1,238	2,291	2,310	1,836	2,211
Interest expenses	400	383	341	278	262	392	190	246	194	280	313	523
Loss on retirement of non-current assets	22	8	35	30	28	27	51	14	6	56	79	52
Other	232	280	232	296	332	283	347	334	309	375	350	698
Other	232	280	232	296	332	283	347	334	309	375	350	698
Non-operating expenses	764	794	750	1,287	1,044	871	911	947	712	712	743	1,274
Non-operating expenses	764	794	750	1,287	1,044	871	911	947	712	712	743	1,274
Ordinary profit (loss)	3,640	6,675	8,989	9,231	8,879	10,244	8,717	9,356	13,762	15,790	17,660	16,082
Gain on bargain purchase	-	-	-	1,454	-	-	-	-	-	-	-	9,919
Gain on extinguishment of tie-in shares	-	-	-	-	-	-	-	-	-	71	316	929
Gain on sale of investment securities	-	-	-	-	-	-	185	37	-	685	413	264
Extraordinary income	-	1	-	1,589	128	-	185	209	-	892	413	10,184
Provision of allowance for doubtful accounts	-	-	-	-	-	-	-	-	521	-	48	277
Loss on step acquisitions	-	-	-	-	-	-	-	-	-	-	-	4,600
Provision for loss on guarantees	-	-	-	-	-	-	-	-	-	517	135	113
Provision of allowance for doubtful accounts	-	-	-	-	-	-	-	-	521	-	48	277
Extraordinary losses	136	1,883	-	490	-	141	326	194	636	1,228	190	5,089
Provision for loss on guarantees	-	-	-	-	-	-	-	-	-	517	135	113
Loss on valuation of investment securities	50	9	-	-	-	-	80	79	-	10	6	-
Other	-	-	-	-	-	-	-	-	-	-	-	98
Extraordinary losses	136	1,883	-	490	-	141	326	194	636	1,228	190	5,089
Profit (loss) before income taxes	3,504	4,793	8,989	10,330	9,008	10,103	8,576	9,370	13,125	15,454	17,884	21,178
Income taxes - current	1,280	2,503	2,803	2,287	2,338	2,832	2,126	2,739	3,987	4,915	5,043	3,899
Income taxes - deferred	-229	-1,102	115	310	-71	295	291	-180	-495	-683	-590	384
Income taxes	1,051	1,400	2,919	2,597	2,267	3,128	2,417	2,559	3,491	4,232	4,453	4,284
Profit (loss)	-	-	6,070	7,733	6,741	6,975	6,159	6,810	9,634	11,222	13,430	16,893
Profit (loss) attributable to non-controlling interests	-	-	262	512	488	144	-6	138	222	237	237	399
Profit (loss) attributable to owners of parent	-	-	5,808	7,220	6,252	6,831	6,166	6,672	9,411	10,985	13,193	16,494