JP-listed companies
Citizen Watch Co., Ltd.

Citizen Watch Co., Ltd.JP:7762

Market cap

¥228.8B

P/E ratio

10x

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	272,050	309,994	328,456	348,267	312,559	320,047	321,652	278,531	206,641	281,417	301,366	312,830
Cost of sales	176,598	190,618	198,579	213,508	192,322	195,653	198,094	177,431	140,742	174,578	179,186	181,447
Gross profit (loss)	95,451	119,376	129,876	134,759	120,236	124,393	123,557	101,100	65,898	106,839	122,180	131,383
Selling, general and administrative expenses	83,902	95,669	101,987	104,291	98,734	99,473	101,146	94,964	75,450	84,565	98,472	106,314
Operating profit (loss)	11,549	23,706	27,889	30,467	21,501	24,920	22,411	6,136	-9,551	22,273	23,708	25,068
Interest income	364	355	392	396	286	401	525	479	256	276	851	1,364
Dividend income	1,042	1,203	1,112	1,414	1,449	1,348	1,775	1,378	1,129	1,369	1,563	1,292
Rental income	246	259	279	283	212	180	190	171	166	161	111	105
Share of profit of entities accounted for using equity method	186	252	380	603	445	498	896	801	440	813	1,248	1,361
Reversal of allowance for doubtful accounts	-	-	-	-	-	-	-	-	-	-	58	-
Foreign exchange gains	1,603	588	1,835	-	-	-	492	-	854	2,192	1,237	2,879
Subsidy income	-	-	-	-	-	766	754	230	3,357	484	233	81
Other	1,049	833	662	569	590	479	598	396	297	505	1,002	328
Other	1,049	833	662	569	590	479	598	396	297	505	1,002	328
Non-operating income	4,493	3,493	4,663	3,268	2,985	3,675	5,232	3,459	6,501	5,804	6,248	7,413
Non-operating income	4,493	3,493	4,663	3,268	2,985	3,675	5,232	3,459	6,501	5,804	6,248	7,413
Interest expenses	1,209	1,115	670	482	399	470	387	406	415	294	297	334
Loss on sale of notes receivable - trade	88	74	56	66	76	61	88	88	16	17	26	12
Depreciation of assets for rent	58	127	94	57	39	45	46	39	51	8	19	40
Provision of allowance for doubtful accounts	-	-	-	-	-	-	-	-	125	-	-	173
Commission for purchase of treasury shares	-	-	-	-	-	-	-	-	-	1	86	586
Commission for syndicate loans	-	-	-	-	-	-	-	105	215	71	48	45
Bond issuance costs	-	-	-	-	-	-	-	-	-	-	-	53
Commission for purchase of treasury shares	-	-	-	-	-	-	-	-	-	1	86	586
Non-deductible consumption tax	-	-	-	-	-	-	-	-	-	-	126	-
Other	881	574	327	495	817	678	518	396	268	343	303	469
Provision of allowance for doubtful accounts	-	-	-	-	-	-	-	-	125	-	-	173
Non-operating expenses	2,237	1,891	1,149	3,115	2,500	1,930	1,041	2,063	1,093	735	860	1,670
Other	881	574	327	495	817	678	518	396	268	343	303	469
Non-operating expenses	2,237	1,891	1,149	3,115	2,500	1,930	1,041	2,063	1,093	735	860	1,670
Ordinary profit (loss)	13,805	25,307	31,403	30,619	21,985	26,664	26,602	7,531	-4,143	27,342	29,096	30,810
Gain on sale of investment securities	112	1,977	367	194	2,211	1,480	2,195	1,860	1,452	94	1,530	554
Gain on sale of non-current assets	1,335	768	8,095	1,028	2,497	2,389	279	75	819	1,033	1,761	45
Gain on sale of shares of subsidiaries	-	-	-	-	-	14	-	-	-	-	-	414
Gain on sale of investment securities	112	1,977	367	194	2,211	1,480	2,195	1,860	1,452	94	1,530	554
Gain on sale of shares of subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	-	6
Gain on sale of non-current assets	1,335	768	8,095	1,028	2,497	2,389	279	75	819	1,033	1,761	45
Reversal of provision for loss on guarantees	-	-	-	-	-	-	-	-	-	-	126	-
Other	349	49	132	12	184	32	334	5	141	93	427	12
Extraordinary income	2,427	2,803	8,619	1,236	4,894	4,028	2,809	1,941	2,762	1,221	3,719	1,026
Loss on sale of non-current assets	233	13	15	19	59	20	40	34	19	38	17	28
Loss on retirement of non-current assets	557	375	309	303	320	528	884	252	241	79	501	559
Impairment losses	5,060	144	2,515	3,051	1,039	378	5,688	19,272	2,857	742	3,887	1,677
Reorganization cost	18,647	944	2,395	4,936	2,557	1,532	2,507	1,404	238	209	32	13
Loss on sale of shares of subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	-	83
Other	790	271	747	641	436	478	823	758	394	454	138	228
Loss on valuation of shares of subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	-	1,130
Extraordinary losses	25,653	2,230	8,133	9,304	4,412	3,251	10,160	24,559	12,381	1,869	4,576	2,507
Provision of allowance for investment loss	247	-	-	-	-	-	-	-	-	-	1,263	-
Adjustment for transfer pricing taxation	-	-	-	-	-	-	-	-	-	-	-	737
Extraordinary losses	25,653	2,230	8,133	9,304	4,412	3,251	10,160	24,559	12,381	1,869	4,576	2,507
Profit (loss) before income taxes	-9,420	25,881	31,890	22,550	22,467	27,442	19,251	-15,086	-13,761	26,694	28,240	29,329
Income taxes - current	3,636	4,044	11,000	7,938	4,817	7,633	7,010	4,126	920	5,342	6,400	8,213
Income taxes - deferred	-4,191	4,166	3,055	581	622	108	-1,550	-1,754	10,756	-1,075	809	-1,689
Income taxes	-554	8,210	14,056	8,519	5,439	7,741	5,459	2,371	11,677	4,266	7,210	6,524
Profit (loss)	-	-	17,834	14,031	17,028	19,700	13,792	-17,458	-25,439	22,427	21,029	22,805
Profit (loss) attributable to non-controlling interests	-	-	262	829	454	397	422	-790	-265	286	-807	-152
Profit (loss) attributable to owners of parent	-	-	17,572	13,201	16,573	19,303	13,369	-16,667	-25,173	22,140	21,836	22,958