- JP-listed companies
- PILOT CORPORATION
PILOT CORPORATIONJP:7846
Market cap
¥184.4B
P/E ratio
13.4x
| Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | |
| Profit (loss) before income taxes | 5,326 | 8,823 | 14,661 | 18,624 | 21,050 | 22,108 | 21,094 | 19,203 | 14,323 | 20,501 | 22,638 | 20,239 |
| Depreciation | 2,403 | 2,437 | 2,410 | 2,644 | 2,825 | 3,186 | 3,251 | 3,802 | 4,007 | 3,679 | 3,822 | 4,520 |
| Amortization of goodwill | 19 | 19 | 19 | 9 | - | - | - | - | - | - | - | 137 |
| Retirement benefit expenses | - | - | - | 336 | -177 | -397 | -324 | -33 | 78 | -66 | -196 | 134 |
| Increase (decrease) in provision for bonuses | 18 | 157 | 46 | 31 | -3 | 42 | -2 | 2 | -8 | 102 | -210 | 29 |
| Increase (decrease) in provision for bonuses for directors (and other officers) | -1 | 20 | 6 | -1 | -3 | - | 2 | 1 | -13 | 23 | 2 | -13 |
| Increase (decrease) in provision for share awards for directors (and other officers) | - | - | - | - | - | - | - | - | - | 18 | 16 | 23 |
| Increase (decrease) in allowance for doubtful accounts | -98 | -11 | 3 | 11 | -43 | -1 | 96 | -66 | 36 | -53 | -17 | -9 |
| Increase (decrease) in retirement benefit liability | - | - | 220 | -277 | -193 | -156 | -158 | -496 | 25 | 31 | 3 | 18 |
| Interest and dividend income | -303 | -317 | -643 | -502 | -479 | -585 | -460 | -373 | -192 | -266 | -591 | -908 |
| Interest expenses | 326 | 309 | 242 | 169 | 159 | 196 | 188 | 224 | 142 | 105 | 110 | 202 |
| Loss (gain) on sale of non-current assets | -138 | -15 | -98 | -28 | -126 | -23 | -27 | -19 | -517 | -13 | -491 | -385 |
| Loss on retirement of non-current assets | 15 | 97 | 33 | 20 | 32 | 13 | 22 | 44 | 24 | 10 | 117 | 248 |
| Loss (gain) on sale of investment securities | - | - | - | - | - | -37 | -396 | -12 | - | - | -1 | -286 |
| Compensation income | - | - | - | - | - | - | - | - | - | - | - | -197 |
| Reversal of provision for environmental measures | - | - | - | - | - | -32 | - | - | - | - | - | -141 |
| Environmental expenses | - | - | - | - | - | - | - | - | - | - | 369 | - |
| Loss of joint venture dissolution | - | - | - | - | - | - | - | - | - | - | - | 1,363 |
| Decrease (increase) in trade receivables | -963 | -931 | -785 | -1,497 | -1,625 | 402 | 337 | 120 | 4,302 | -2,913 | 1,403 | 275 |
| Decrease (increase) in inventories | -2,089 | 1,723 | -553 | 436 | -3,011 | 510 | -2,567 | -819 | 679 | -2,168 | -4,632 | -1,462 |
| Increase (decrease) in trade payables | 755 | 534 | 1,211 | 277 | 730 | -1,278 | -257 | -31 | -3,666 | 4,406 | 50 | -3,910 |
| Other, net | 689 | 884 | -432 | -232 | -1,779 | 484 | -307 | 108 | 265 | -602 | -132 | -486 |
| Subtotal | 6,954 | 14,322 | 16,385 | 20,419 | 17,256 | 22,804 | 20,549 | 21,533 | 19,891 | 22,683 | 22,261 | 19,391 |
| Interest and dividends received | 303 | 320 | 646 | 505 | 482 | 589 | 460 | 373 | 189 | 256 | 607 | 908 |
| Interest paid | -328 | -313 | -244 | -172 | -159 | -192 | -189 | -224 | -143 | -106 | -109 | -204 |
| Proceeds from compensation | - | - | - | - | - | - | - | - | - | - | - | 197 |
| Payments for environmental expenses | - | - | - | - | - | - | - | - | - | - | -55 | - |
| Payments associated with loss of joint venture dissolution-OpeCF | - | - | - | - | - | - | - | - | - | - | - | -1,363 |
| Income taxes paid | -1,166 | -3,738 | -4,603 | -6,444 | -7,827 | -5,325 | -6,705 | -6,493 | -4,798 | -3,018 | -8,950 | -8,753 |
| Net cash provided by (used in) operating activities | 5,762 | 10,590 | 12,107 | 14,195 | 9,752 | 17,875 | 14,116 | 15,189 | 15,137 | 19,815 | 13,753 | 10,175 |
| Payments into time deposits | -150 | -470 | -187 | -551 | -72 | -649 | -96 | -491 | -292 | -180 | -10,380 | -10,516 |
| Proceeds from withdrawal of time deposits | 204 | 150 | 186 | 550 | 71 | 644 | 192 | 470 | 233 | 130 | 10,380 | 10,380 |
| Purchase of property, plant and equipment | -4,246 | -1,906 | -2,815 | -3,888 | -3,481 | -4,890 | -3,628 | -5,197 | -4,719 | -3,313 | -4,316 | -8,986 |
| Proceeds from sale of property, plant and equipment | 468 | 30 | 729 | 49 | 941 | 98 | 39 | 38 | 642 | 26 | 657 | 436 |
| Purchase of intangible assets | -96 | -170 | -133 | -214 | -664 | -492 | -197 | -289 | -335 | -262 | -197 | -301 |
| Purchase of investment securities | -87 | -59 | - | -11 | -32 | -21 | - | - | - | - | -1,411 | -1,732 |
| Proceeds from sale of investment securities | - | - | - | - | - | 83 | 785 | 37 | - | - | 5 | 667 |
| Proceeds from purchase of shares of subsidiaries resulting in change in scope of consolidation | - | - | - | - | - | - | - | - | - | - | - | 202 |
| Other, net | -27 | -142 | 37 | 38 | 28 | 27 | -15 | -20 | 10 | - | -87 | -857 |
| Net cash provided by (used in) investing activities | -4,088 | -2,569 | -2,182 | -4,027 | -3,208 | -5,642 | -2,920 | -5,481 | -4,461 | -3,598 | -5,350 | -10,707 |
| Net increase (decrease) in short-term borrowings | 963 | -2,030 | -2,726 | 46 | 292 | 472 | 143 | 1,653 | -219 | -2,304 | 1,350 | -3,076 |
| Repayments of lease liabilities | - | - | - | - | - | - | - | - | - | -231 | -269 | -331 |
| Proceeds from long-term borrowings | 751 | 300 | 200 | - | 2,000 | 15,200 | - | 400 | 100 | 40 | - | 718 |
| Repayments of long-term borrowings | -2,796 | -3,321 | -2,578 | -3,745 | -1,968 | -472 | -5,449 | -2,250 | -2,674 | -3,173 | -6,667 | -712 |
| Purchase of treasury shares | - | - | - | -2 | - | -33,844 | - | - | - | - | - | - |
| Proceeds from sale of treasury shares | 115 | 115 | 112 | 113 | 1,917 | - | - | - | - | - | 11 | - |
| Dividends paid | -461 | -578 | -695 | -812 | -1,024 | -1,048 | -1,516 | -1,672 | -1,971 | -2,264 | -2,760 | -3,941 |
| Dividends paid to non-controlling interests | - | - | - | -40 | -38 | -41 | -39 | -29 | -288 | -30 | -35 | -37 |
| Net cash provided by (used in) financing activities | -1,451 | -5,539 | -5,729 | -4,451 | 1,174 | -19,739 | -6,866 | -2,089 | -5,397 | -7,965 | -8,370 | -7,380 |
| Effect of exchange rate change on cash and cash equivalents | -234 | -326 | -155 | -396 | 129 | -159 | -5 | 84 | -43 | -131 | -430 | 796 |
| Net increase (decrease) in cash and cash equivalents | -11 | 2,155 | 4,039 | 5,320 | 7,847 | -7,665 | 4,323 | 7,703 | 5,235 | 8,119 | -399 | -7,115 |