JP-listed companies
NICHIHA CORPORATION

NICHIHA CORPORATIONJP:7943

Market cap

¥129.3B

P/E ratio

25.4x

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	101,006	114,194	106,730	111,324	118,215	116,144	119,160	123,722	120,964	128,599	138,063	142,790
Cost of sales	65,434	73,482	68,946	70,694	71,339	69,564	71,524	74,298	73,315	77,111	85,753	92,050
Gross profit (loss)	35,572	40,712	37,784	40,629	46,875	46,579	47,635	49,424	48,376	51,488	52,310	50,740
Selling, general and administrative expenses	28,405	31,366	31,038	32,280	34,042	33,347	34,914	36,326	36,347	38,911	40,606	40,534
Freight and packing costs	11,312	13,453	13,331	14,169	15,019	14,599	15,664	17,072	16,198	18,302	19,489	18,298
Advertising and promotion expenses	1,440	1,573	1,649	1,707	2,138	1,816	1,684	1,674	3,042	3,103	3,243	3,487
Provision of allowance for doubtful accounts	-34	-7	-21	1	9	6	2	-	-	3	6	1
Salaries and allowances and welfare expenses	7,103	7,283	7,461	7,422	7,369	7,634	7,637	7,908	8,010	8,107	8,431	8,828
Provision for bonuses	495	513	474	463	443	452	543	604	667	798	828	856
Provision for bonuses for directors (and other officers)	89	122	85	89	108	103	105	113	87	99	66	72
Retirement benefit expenses	225	231	220	247	307	285	280	269	275	200	197	169
Provision for retirement benefits for directors (and other officers)	48	42	41	43	35	25	26	28	31	29	26	24
Depreciation	492	490	483	481	499	794	810	789	867	864	530	460
Experimentation and research expenses	1,580	1,731	1,828	1,598	1,405	1,300	1,253	1,170	1,170	1,320	1,234	1,153
Provision for product warranties	1,176	1,270	850	1,023	794	267	398	250	256	71	-121	-62
Other	4,476	4,660	4,633	5,032	5,911	6,060	6,506	6,444	5,737	6,010	6,671	7,245
Selling, general and administrative expenses	28,405	31,366	31,038	32,280	34,042	33,347	34,914	36,326	36,347	38,911	40,606	40,534
Operating profit (loss)	7,166	9,346	6,746	8,349	12,833	13,232	12,720	13,098	12,029	12,576	11,704	10,205
Interest income	9	10	8	16	31	51	124	137	22	31	80	152
Dividend income	66	85	90	115	122	154	155	155	151	209	260	282
Rental income from real estate	80	83	89	88	88	88	89	88	87	89	90	88
Foreign exchange gains	125	126	547	-	23	-	64	-	-	641	547	1,133
Other	237	208	130	112	111	364	115	217	188	213	286	229
Non-operating income	592	528	1,071	355	511	861	600	598	449	1,185	1,265	1,885
Interest expenses	505	431	345	263	197	161	137	113	116	115	116	121
Other	65	48	50	34	29	47	46	54	45	45	47	112
Rental costs on real estate	-	-	-	-	-	-	-	-	-	-	38	38
Non-operating expenses	643	479	396	492	226	296	183	194	230	161	164	234
Other	65	48	50	34	29	47	46	54	45	45	47	112
Non-operating expenses	643	479	396	492	226	296	183	194	230	161	164	234
Ordinary profit (loss)	7,115	9,395	7,421	8,212	13,117	13,796	13,137	13,501	12,248	13,600	12,805	11,856
Gain on sale of non-current assets	15	30	17	9	4	7	8	551	7	4	7	3
Gain on sale of investment securities	2	1	-	9	1	3	-	-	-	-	-	46
Extraordinary income	40	107	272	287	506	11	8	551	1,021	481	7	49
Loss on retirement of non-current assets	123	176	335	89	233	100	72	51	98	53	81	37
Impairment losses	-	558	137	408	191	147	-	-	1,111	-	11	379
Loss on valuation of investment securities	10	-	-	-	-	-	-	-	-	-	1	-
Loss on valuation of inventories	-	-	-	-	-	-	-	-	-	-	41	-
Loss on valuation of shares of subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	-	104
Extraordinary losses	263	776	691	499	925	249	72	146	1,227	53	135	417
Profit (loss) before income taxes	6,892	8,726	7,003	8,000	12,699	13,558	13,073	13,906	12,041	14,027	12,678	11,488
Income taxes - current	2,512	3,569	1,966	2,438	3,374	3,340	3,323	3,500	3,362	3,256	2,408	2,863
Income taxes - deferred	-109	-242	138	167	-308	-1,013	-229	-459	-282	570	1,218	515
Income taxes	2,403	3,327	2,104	2,606	3,065	2,326	3,093	3,040	3,079	3,827	3,627	3,378
Profit (loss)	-	-	4,898	5,394	9,633	11,231	9,979	10,866	8,962	10,200	9,050	8,109
Profit (loss) attributable to owners of parent	-	-	4,878	5,373	9,594	11,151	9,915	10,773	8,902	10,146	9,037	8,066
Profit (loss) attributable to non-controlling interests	-	-	19	20	38	80	63	92	60	53	13	42
Valuation difference on available-for-sale securities	763	124	605	-175	366	561	-405	-659	1,184	-125	193	2,932
Foreign currency translation adjustment	743	1,722	1,001	11	-619	-120	-516	-267	-1,191	2,447	3,701	1,631
Remeasurements of defined benefit plans, net of tax	-	-	281	-752	282	180	102	-111	664	127	131	702
Other comprehensive income	1,506	1,846	1,889	-916	29	621	-818	-1,038	658	2,449	4,025	5,266
Comprehensive income	5,996	7,245	6,787	4,477	9,662	11,853	9,160	9,827	9,620	12,649	13,076	13,375
Comprehensive income attributable to owners of parent	6,019	7,480	6,764	4,456	9,625	11,774	9,098	9,735	9,567	12,584	13,043	13,312
Comprehensive income attributable to non-controlling interests	-	-	23	21	36	78	62	91	52	64	33	63