JP-listed companies
Arealink Co.,Ltd.

Arealink Co.,Ltd.JP:8914

Market cap

¥22.5B

P/E ratio

Income statement Balance sheet Cash flow

	Dec 31, 2011	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
Cash and deposits	-	3,085	3,591	5,432	6,415	7,159	6,594	9,673	11,702	9,777	13,441	14,300	14,996
Accounts receivable - trade	-	156	132	132	102	95	108	110	143	133	124	131	136
Real estate for sale	-	1,356	5,936	3,325	1,419	3,561	4,833	9,493	7,314	4,524	3,127	4,994	5,949
Real estate for sale in process	-	-	-	-	-	336	5,011	5,854	168	131	212	143	352
Supplies	-	1	2	5	8	14	24	44	19	19	18	20	20
Prepaid expenses	-	277	254	257	204	244	279	261	238	241	247	255	273
Advance payments to suppliers	-	-	-	-	19	24	197	142	50	9	25	60	62
Other	-	33	141	106	216	144	171	241	216	162	149	157	129
Allowance for doubtful accounts	-	-26	-26	-23	-30	-28	-26	-25	-29	-29	-25	-27	-29
Current assets	-	5,753	10,828	10,115	9,122	12,169	17,532	25,948	19,903	15,947	17,320	20,032	21,887
Buildings	-	7,082	5,490	4,658	4,981	5,660	6,012	5,789	7,711	8,896	9,044	9,533	10,209
Accumulated depreciation	-	-1,419	-1,006	-1,182	-1,388	-1,576	-1,809	-1,895	-2,122	-2,451	-2,769	-3,069	-3,330
Accumulated impairment	-	-84	-116	-131	-132	-180	-197	-217	-313	-378	-565	-566	-583
Buildings, net	-	5,580	4,368	3,345	3,461	3,904	4,006	3,677	5,276	6,067	5,709	5,898	6,295
Structures	-	281	333	506	823	1,244	1,680	1,763	1,856	2,177	2,343	2,506	2,965
Accumulated depreciation	-	-108	-131	-162	-219	-303	-418	-545	-636	-723	-819	-938	-1,078
Accumulated impairment	-	-	-1	-8	-44	-100	-155	-404	-668	-709	-696	-690	-680
Structures, net	-	172	202	336	560	840	1,108	814	552	745	828	878	1,207
Machinery and equipment	-	184	107	92	87	82	77	76	65	66	22	26	22
Accumulated depreciation	-	-54	-43	-50	-57	-64	-69	-67	-58	-56	-8	-9	-7
Accumulated impairment	-	-	-0	-7	-6	-6	-6	-6	-6	-6	-0	-0	-0
Machinery and equipment, net	-	130	63	36	23	12	2	2	2	4	14	16	15
Vehicles	-	1	14	14	14	14	14	-	-	-	6	6	21
Accumulated depreciation	-	-1	-2	-4	-6	-9	-11	-	-	-	-1	-3	-3
Vehicles, net	-	-	12	10	8	5	3	-	-	-	4	2	18
Tools, furniture and fixtures	-	1,249	1,324	1,403	1,653	1,949	2,097	2,252	2,543	4,969	6,377	7,359	9,557
Accumulated depreciation	-	-271	-359	-450	-561	-673	-820	-967	-1,057	-1,281	-1,595	-1,981	-2,478
Accumulated impairment	-	-	-21	-27	-47	-53	-63	-69	-152	-204	-231	-241	-251
Tools, furniture and fixtures, net	-	979	944	925	1,045	1,224	1,214	1,217	1,334	3,485	4,550	5,137	6,828
Land	-	3,760	4,870	3,407	3,685	3,954	4,225	3,675	7,580	7,798	8,027	8,149	8,133
Leased assets	-	129	129	171	171	162	177	487	3,104	3,130	3,088	3,062	3,043
Accumulated depreciation	-	-29	-44	-62	-83	-96	-113	-130	-451	-749	-986	-1,245	-1,478
Accumulated impairment	-	-	-	-	-	-	-	-	-	-125	-125	-125	-125
Leased assets, net	-	100	85	109	88	65	63	357	2,653	2,256	1,977	1,692	1,441
Construction in progress	-	167	-	2	0	-	28	-	673	0	107	79	300
Property, plant and equipment	-	10,888	10,544	8,169	8,871	10,005	10,648	9,742	18,070	20,356	21,217	21,852	24,236
Trademark right	-	1	1	0	1	1	0	0	2	1	1	1	3
Software	-	83	57	64	85	107	134	177	66	52	46	47	53
Other	-	0	18	0	0	0	0	0	1	2	2	2	2
Intangible assets	-	103	84	67	86	107	135	178	68	56	49	50	58
Investment securities	-	157	157	203	158	159	170	245	309	243	137	130	23
Distressed receivables	-	1,289	1,282	1,282	1,280	1,290	1,290	1,290	1,290	1,290	1,290	632	632
Long-term prepaid expenses	-	44	68	56	26	30	61	34	23	20	42	66	53
Guarantee deposits	-	751	776	858	980	1,285	1,331	1,343	1,367	1,397	1,371	1,362	1,421
Deferred tax assets	-	-	-	-	-	-	-	-	3,239	2,643	2,026	1,922	1,777
Other	-	20	39	32	30	34	34	55	55	55	38	226	217
Allowance for doubtful accounts	-	-1,311	-1,297	-1,296	-1,302	-1,304	-1,304	-1,304	-1,304	-1,304	-1,287	-629	-629
Investments and other assets	-	1,869	1,562	1,188	1,234	1,511	1,589	2,103	4,979	4,344	3,616	3,709	3,495
Non-current assets	-	12,860	12,189	9,424	10,191	11,623	12,372	12,022	23,117	24,756	24,882	25,611	27,789
Assets	-	18,613	23,017	19,539	19,313	23,792	29,905	37,862	43,020	40,703	42,202	45,643	49,676
Accounts payable - trade	-	207	265	320	250	244	315	216	168	158	160	147	149
Accounts payable for construction contracts	-	180	104	217	268	471	696	325	2	0	2	-	16
Short-term borrowings	-	-	1,004	-	333	1,978	1,939	1,923	562	-	397	109	242
Current portion of bonds payable	-	-	-	-	-	50	107	207	207	182	157	157	30
Current portion of long-term borrowings	-	697	683	327	244	488	672	1,386	1,650	1,617	1,416	1,894	2,578
Accounts payable - other	-	112	313	306	307	534	376	541	458	760	1,246	1,162	1,396
Accrued expenses	-	47	43	35	46	146	180	253	229	214	292	239	278
Income taxes payable	-	25	170	111	715	317	568	495	1,363	-	558	716	649
Advances received	-	484	562	547	569	629	639	928	850	687	706	710	749
Deposits received	-	3	3	8	6	8	4	4	2	4	4	4	5
Unearned revenue	-	7	24	24	35	35	26	23	270	267	267	574	554
Lease liabilities	-	13	14	21	21	20	21	35	294	288	283	289	293
Provision for loss on subleasing business	-	-	-	-	-	-	-	137	145	82	38	14	14
Other	-	4	15	390	35	39	117	47	423	35	341	205	111
Current liabilities	-	1,780	3,207	2,463	2,881	4,959	5,692	6,607	11,913	6,786	5,868	6,219	7,062
Bonds payable	-	-	-	-	-	175	440	733	526	344	187	30	-
Long-term borrowings	-	4,730	6,045	2,298	621	2,016	5,912	9,893	8,455	7,818	7,657	9,995	12,309
Guarantee deposits received	-	-	-	-	-	-	-	-	-	394	364	349	340
Long-term unearned revenue	-	211	323	-	-	-	-	-	2,064	1,797	1,530	1,243	998
Lease liabilities	-	105	91	113	91	66	61	336	2,392	2,129	1,849	1,575	1,304
Long-term accounts payable - other	-	-	-	-	-	-	41	136	11	2,397	2,840	2,153	1,446
Asset retirement obligations	-	186	254	322	419	585	688	778	794	864	926	1,001	1,188
Provision for loss on subleasing business	-	-	-	-	-	-	-	23	4	35	20	7	8
Non-current liabilities	-	5,898	7,528	3,562	1,806	3,549	7,862	12,505	14,688	15,778	15,371	16,352	17,593
Liabilities	-	7,678	10,735	6,025	4,686	8,508	13,553	19,113	26,601	22,563	21,239	22,571	24,655
Share capital	-	5,568	5,568	5,568	5,568	5,568	5,568	6,112	6,112	6,112	6,112	6,112	6,112
Legal capital surplus	-	5,613	5,613	5,613	5,613	5,613	5,613	6,156	6,156	6,156	6,156	6,156	6,156
Other capital surplus	-	-	-	-	-	-	-	-	-	-	7	17	11
Capital surplus	-	5,613	5,613	5,613	5,613	5,613	5,613	6,156	6,156	6,156	6,163	6,173	6,167
Retained earnings brought forward	-	11	1,357	2,591	3,700	4,364	5,432	6,752	4,418	6,137	8,918	11,009	12,956
Retained earnings	-	11	1,357	2,591	3,700	4,364	5,432	6,752	4,418	6,137	8,918	11,009	12,956
Treasury shares	-	-257	-257	-257	-257	-262	-270	-274	-274	-275	-247	-234	-226
Shareholders' equity	-	10,935	12,282	13,516	14,625	15,283	16,343	18,746	16,411	18,130	20,946	23,061	25,009
Valuation difference on available-for-sale securities	-	0	1	-1	2	2	9	6	9	9	17	12	12
Valuation and translation adjustments	-	0	1	-1	2	0	8	4	8	9	17	12	12
Net assets	9,987	10,935	12,282	13,514	14,626	15,284	16,351	18,750	16,419	18,139	20,963	23,073	25,021
Liabilities and net assets	-	18,613	23,017	19,539	19,313	23,792	29,905	37,862	43,020	40,703	42,202	45,643	49,676