JP-listed companies
ORVIS CORPORATION

ORVIS CORPORATIONJP:7827

Market cap

¥2.6B

P/E ratio

6.1x

Income statement Balance sheet Cash flow

	Oct 31, 2013	Oct 31, 2014	Oct 31, 2015	Oct 31, 2016	Oct 31, 2017	Oct 31, 2018	Oct 31, 2019	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023
Net sales of merchandise and finished goods	6,445	5,192	4,962	4,819	5,119	4,924	5,612	5,297	6,643	8,110	7,549
Net sales of completed construction contracts	3,207	2,666	1,820	2,951	1,422	1,753	2,181	1,741	1,058	1,602	1,901
Lease business income	425	615	642	365	650	828	768	1,544	756	628	1,209
Life create business income-RevOA	-	-	-	221	417	418	447	375	399	422	419
Sales in real estate business	165	98	104	390	109	95	93	91	90	85	60
Sale on power business	-	-	58	211	401	463	465	475	480	491	458
Net sales	10,990	9,219	7,966	8,957	8,118	8,482	9,567	9,023	9,425	11,338	11,596
Beginning merchandise inventory	-	-	-	9	13	5	5	9	10	5	15
Beginning finished goods inventory	-	-	-	52	72	80	69	85	93	103	119
Cost of purchased goods	-	-	-	1,517	1,673	1,822	2,067	1,673	2,083	2,285	1,922
Cost of products manufactured	-	-	-	2,538	2,873	2,886	3,302	3,218	3,962	4,767	4,578
Total	-	-	-	4,116	4,631	4,793	5,444	4,985	6,148	7,161	6,634
Ending merchandise inventory	-	-	-	13	5	5	9	10	5	15	14
Ending finished goods inventory	-	-	-	72	80	69	85	93	103	119	148
Cost of merchandise and finished goods sold	5,964	4,442	4,119	4,032	4,547	4,719	5,349	4,881	6,039	7,026	6,471
Cost of sales of completed construction contracts	2,575	2,131	1,445	2,425	1,154	1,341	1,801	1,320	828	1,299	1,609
Lease cost	361	519	535	279	541	692	634	1,262	633	521	1,050
Life create business cost-COSExpOA	-	-	-	159	186	186	185	166	167	161	171
Cost of sales in real estate business	102	47	46	288	45	34	36	31	31	30	21
Cost of sales on power business	-	-	42	129	241	261	246	221	216	192	174
Cost of sales	9,687	7,696	6,525	7,311	6,713	7,234	8,253	7,491	7,914	9,229	9,497
Gross profit (loss)	1,302	1,523	1,441	1,647	1,405	1,248	1,314	1,532	1,511	2,109	2,100
Freight costs	579	328	246	257	301	267	316	301	352	372	391
Provision of allowance for doubtful accounts	-	4	0	-0	-1	-0	0	0	1	3	-1
Advertising expenses	-	-	-	12	28	26	27	25	24	22	23
Remuneration for directors (and other officers)	69	50	58	66	75	75	78	82	85	88	95
Share-based payment expenses	-	-	-	-	-	-	-	5	7	7	8
Salaries and allowances	294	284	281	322	354	340	339	337	368	368	383
Bonuses	-	-	-	32	27	34	31	31	32	40	53
Provision for bonuses	11	31	33	44	25	32	31	35	32	43	53
Welfare expenses	-	-	-	70	73	72	73	72	75	78	86
Retirement benefit expenses	8	16	10	8	12	13	12	7	9	5	9
Travel and transportation expenses	-	-	-	32	36	30	27	21	18	25	32
Entertainment expenses	-	-	-	3	2	2	2	1	1	1	2
Commission expenses	-	-	-	42	43	41	43	42	42	49	55
Taxes and dues	-	-	-	29	37	58	58	44	43	50	50
Depreciation	-	-	-	30	41	44	48	63	61	55	46
Rent expenses on land and buildings	-	-	-	24	24	23	23	22	22	23	28
Communication expenses	-	-	-	14	14	14	14	14	15	15	16
Other	316	311	321	74	96	105	100	93	94	95	101
Selling, general and administrative expenses	1,286	1,029	957	1,067	1,197	1,185	1,231	1,205	1,282	1,338	1,429
Operating profit (loss)	17	493	485	579	208	63	84	327	230	771	670
Interest and dividend income	-	-	-	3	2	2	2	2	2	3	4
Sales of scraps	11	9	1	1	3	2	1	1	4	3	4
Purchase discounts	1	3	1	2	1	1	1	1	2	2	1
Rental income	8	14	17	5	5	5	5	5	5	5	5
Subsidy income	-	-	-	-	-	-	-	-	51	39	23
Subsidy income	-	-	-	-	-	-	-	7	2	2	-
Other	10	33	13	17	8	8	8	6	6	28	4
Non-operating income	59	99	38	34	26	37	19	22	82	83	41
Interest expenses	95	77	50	45	50	63	66	59	52	44	37
Theft loss	-	-	-	-	-	-	-	-	6	9	-
Other	24	52	8	10	8	5	3	7	10	8	1
Non-operating expenses	134	182	70	66	70	91	83	77	73	61	38
Ordinary profit (loss)	-59	409	452	547	163	10	20	272	238	792	674
Gain on sale of non-current assets	-	699	9	1	0	0	262	0	0	1	277
Gain on cancellation of lease contract-EI	-	-	-	-	-	-	-	-	-	-	17
Gain on reversal of asset retirement obligations	-	-	-	-	-	-	-	-	-	-	6
Extraordinary income	-	814	45	75	26	973	432	0	0	1	300
Impairment losses	1,015	71	50	-	1	-	4	21	73	-	0
Extraordinary losses	1,111	71	90	-	1	-	4	21	73	-	0
Profit (loss) before income taxes	-1,170	1,152	408	623	188	983	449	251	165	793	974
Income taxes - current	17	21	34	75	29	164	64	56	47	242	279
Income taxes - deferred	-33	-110	3	24	-119	122	-9	1	25	9	-66
Income taxes	-16	-90	37	99	-90	286	55	57	71	252	214
Profit (loss)	-	-	-	523	278	697	394	194	94	542	760