JP-listed companies
WORKMAN CO.,LTD.

WORKMAN CO.,LTD.JP:7564

Market cap

¥357.3B

P/E ratio

22.3x

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
Income from franchised stores	8,361	9,445	9,605	9,934	10,243	11,312	13,861	20,011	25,073	32,715	35,311	35,872
Other operating revenue	3,362	3,551	3,350	3,215	3,143	3,079	3,346	3,816	4,047	96	119	130
Operating revenue	11,724	12,996	12,955	13,149	13,386	14,391	17,207	23,827	29,121	32,812	35,430	36,003
Net sales	33,334	35,142	35,471	36,429	38,691	41,693	49,762	68,481	76,694	83,452	92,858	96,647
Gross operating revenue	45,057	48,138	48,426	49,578	52,077	56,083	66,969	92,308	105,815	116,264	128,289	132,651
Beginning merchandise inventory	3,898	3,864	4,598	5,500	5,274	6,634	6,478	7,199	13,660	14,077	15,257	21,911
Cost of purchased goods	29,816	32,357	32,686	32,176	34,741	35,459	42,491	64,385	64,472	71,387	90,183	88,780
Total	33,715	36,221	37,284	37,676	40,015	42,093	48,969	71,583	78,132	85,464	105,440	110,691
Ending merchandise inventory	3,864	4,598	5,500	5,274	6,634	6,478	7,199	13,660	14,077	15,257	21,911	25,270
Cost of goods sold	29,851	31,623	31,784	32,402	33,381	35,615	41,770	57,923	64,055	70,207	83,529	85,420
Operating gross profit (loss)	15,207	16,515	16,642	17,175	18,697	20,468	25,199	34,385	41,760	46,056	44,759	47,230
Advertising expenses	254	288	289	293	337	342	418	413	339	944	1,005	1,298
Promotion expenses	338	177	250	150	218	252	622	1,028	774	28	78	106
Remuneration for directors (and other officers)	135	141	139	137	133	141	144	109	94	100	104	116
Provision for bonuses for directors (and other officers)	37	41	43	38	38	42	49	31	37	35	27	23
Salaries and allowances	1,042	1,095	1,138	1,223	1,322	1,353	1,435	1,723	1,972	2,054	2,160	2,342
Bonuses	394	430	407	362	437	473	535	643	761	845	869	932
Legal welfare expenses	204	217	224	230	250	271	297	356	397	435	469	525
Retirement benefit expenses	32	32	33	33	33	34	36	39	42	46	49	52
Welfare expenses	8	9	9	8	10	11	12	15	13	17	19	16
Travel and transportation expenses	287	294	300	300	323	354	361	381	239	266	322	429
Communication expenses	52	51	41	48	55	56	58	56	66	61	70	81
Entertainment expenses	21	21	21	21	21	22	24	27	8	5	5	6
Vehicle expenses	62	68	72	58	55	64	59	60	77	89	102	95
Freight costs	914	943	976	1,024	1,046	1,155	1,377	2,237	2,851	1,410	1,422	1,935
Rent expenses on land and buildings	1,184	1,128	1,078	1,098	1,157	1,103	1,079	1,299	2,079	5,830	6,000	6,636
Supplies expenses	263	334	298	306	367	392	748	1,062	957	714	741	800
Utilities expenses	288	317	294	261	261	283	275	258	269	280	354	334
Repair and maintenance expenses	228	259	261	295	319	362	475	683	684	468	474	603
Commission expenses	100	97	105	105	118	122	137	188	228	262	317	383
Outsourcing expenses	1,201	1,208	1,236	1,211	1,303	1,467	1,851	2,608	3,514	2,426	2,865	3,719
Education and training expenses	25	30	39	39	38	47	52	70	35	44	50	50
Taxes and dues	117	179	139	197	290	325	394	491	580	733	691	720
Depreciation	554	692	810	852	911	1,080	1,139	1,314	1,652	2,013	2,305	2,732
Other	71	83	102	81	100	114	96	127	125	137	144	145
Selling, general and administrative expenses	7,812	8,136	8,302	8,368	9,143	9,865	11,673	15,214	17,804	19,254	20,652	24,087
Operating profit (loss)	7,395	8,379	8,340	8,808	9,553	10,604	13,527	19,171	23,955	26,802	24,106	23,142
Interest income	329	339	355	372	358	348	340	415	320	269	253	327
Purchase discounts	194	207	190	176	175	176	196	246	268	291	282	171
Other	564	633	655	674	711	788	571	617	608	83	71	64
Non-operating income	1,087	1,179	1,201	1,221	1,244	1,313	1,288	1,554	1,508	643	607	563
Interest expenses	46	51	66	67	62	60	56	58	54	48	41	35
Other	3	3	5	0	0	0	0	0	-	2	8	4
Non-operating expenses	48	54	71	81	62	60	58	58	54	50	50	40
Ordinary profit (loss)	8,433	9,503	9,470	9,948	10,735	11,857	14,756	20,667	25,409	27,395	24,664	23,666
Gain on sale of non-current assets	-	-	-	-	2	-	-	2	4	2	4	1
Extraordinary income	-	-	-	-	2	-	-	2	4	2	4	1
Loss on retirement of non-current assets	-	6	5	0	60	7	21	28	13	47	13	31
Extraordinary losses	55	41	19	9	97	61	27	573	57	83	13	31
Profit (loss) before income taxes	8,378	9,462	9,450	9,939	10,639	11,796	14,729	20,096	25,356	27,313	24,655	23,636
Income taxes - current	3,356	3,977	3,492	3,694	3,525	4,051	5,132	7,032	8,358	8,896	8,014	7,841
Income taxes - deferred	-24	-101	81	12	-28	-100	-213	-305	-41	113	-15	-190
Income taxes	3,333	3,876	3,574	3,706	3,497	3,951	4,919	6,726	8,316	9,010	7,998	7,650
Profit (loss)	-	-	5,877	6,233	7,142	7,845	9,810	13,369	17,039	18,303	16,656	15,986