JP-listed companies
NISSIN CORPORATION

NISSIN CORPORATIONJP:9066

Market cap

¥96.8B

P/E ratio

12.1x

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
Net sales	175,230	193,709	204,461	201,705	201,209	216,924	218,040	197,387	155,915	192,699	194,165
Cost of sales	148,672	163,676	171,916	168,863	168,135	181,509	182,793	165,504	140,974	170,590	167,560
Gross profit (loss)	26,558	30,032	32,544	32,842	33,073	35,415	35,247	31,883	28,588	22,108	26,605
Advertising expenses	49	50	64	59	60	69	73	71	41	45	67
Provision of allowance for doubtful accounts	32	14	-52	-8	-11	11	45	23	103	6	31
Salaries and allowances	12,273	13,796	14,906	14,722	15,161	15,990	16,061	15,121	14,371	6,314	6,650
Provision for bonuses	878	985	1,094	1,261	1,259	1,377	1,489	1,489	1,311	648	828
Retirement benefit expenses	613	630	466	314	536	505	724	782	783	402	318
Provision for bonuses for directors (and other officers)	4	18	26	37	54	73	63	44	15	71	83
Welfare expenses	1,926	2,162	2,392	2,368	2,300	2,500	2,509	2,508	2,262	1,101	1,131
Travel and transportation expenses	584	656	735	687	679	755	800	719	341	161	280
Office expemses	3,008	3,385	3,552	3,355	3,288	3,386	3,469	3,294	3,028	1,648	1,577
Repair expenses	548	586	568	582	534	566	600	639	628	337	385
Entertainment expenses	331	364	379	365	357	369	370	323	134	81	140
Business office tax	26	24	19	15	21	23	22	25	22	8	8
Taxes and dues	353	376	416	431	370	442	414	486	429	206	205
Enterprise tax	77	82	87	122	223	229	221	222	201	230	265
Miscellaneous expenses	1,510	1,828	2,255	2,158	1,918	2,001	1,985	1,876	1,574	1,243	1,549
Depreciation	785	797	806	742	656	722	694	725	729	502	437
Selling, general and administrative expenses	23,135	25,990	27,880	27,254	27,466	29,026	29,548	28,354	25,976	13,009	13,961
Selling, general and administrative expenses	23,135	25,990	27,880	27,254	27,466	29,026	29,548	28,354	25,976	13,009	13,961
Operating profit (loss)	3,422	4,042	4,664	5,587	5,607	6,389	5,698	3,528	2,611	9,098	12,643
Interest income	57	65	105	77	60	76	86	117	78	69	168
Dividend income	304	274	258	341	336	340	513	426	381	458	611
Share of profit of entities accounted for using equity method	232	375	420	310	290	339	435	247	173	511	630
Subsidy income	-	-	-	-	-	-	-	-	1,254	240	67
Other	313	543	551	467	324	182	253	334	396	391	410
Other	313	543	551	467	324	182	253	334	396	391	410
Non-operating income	1,136	1,519	1,502	1,196	1,215	1,009	1,324	1,155	2,283	1,672	1,889
Non-operating income	1,136	1,519	1,502	1,196	1,215	1,009	1,324	1,155	2,283	1,672	1,889
Interest expenses	498	464	490	454	372	350	334	416	416	410	456
Foreign exchange losses	-	-	-	226	82	-	-	-	4	205	146
Other	130	129	253	165	101	179	58	140	186	294	294
Foreign exchange losses	-	-	-	226	82	-	-	-	4	205	146
Non-operating expenses	999	880	1,031	896	556	529	439	569	607	911	898
Other	130	129	253	165	101	179	58	140	186	294	294
Non-operating expenses	999	880	1,031	896	556	529	439	569	607	911	898
Ordinary profit (loss)	3,558	4,681	5,135	5,887	6,266	6,869	6,584	4,114	4,287	9,859	13,634
Gain on sale of investment securities	-	15	362	-	-	-	275	155	180	436	961
Subsidy income	-	-	-	-	-	-	-	845	56	90	59
Gain on sale of non-current assets	28	36	54	65	137	80	48	45	415	66	50
Extraordinary income	28	171	563	65	1,577	1,936	509	1,256	652	593	1,071
Environmental expenses	405	104	-	-	-	-	-	-	-	-	169
Environmental expenses	405	104	-	-	-	-	-	-	-	-	169
Extra retirement payments	-	-	-	-	-	337	-	-	253	291	104
Loss on retirement of non-current assets	18	22	108	172	213	554	116	434	35	401	59
Loss on sale of non-current assets	-	9	3	1	6	1	2	-	1	13	-
Impairment losses	-	92	312	17	48	1	97	215	242	292	-
Loss on sale of non-current assets	-	9	3	1	6	1	2	-	1	13	-
Loss on valuation of investment securities	268	15	406	48	-	-	33	130	120	73	-
Extraordinary losses	706	623	1,724	674	1,115	894	502	876	652	1,072	333
Extraordinary losses	706	623	1,724	674	1,115	894	502	876	652	1,072	333
Profit (loss) before income taxes	2,880	4,230	3,974	5,278	6,728	7,911	6,591	4,495	4,287	9,380	14,371
Income taxes - current	1,080	1,770	1,638	1,510	2,025	2,528	2,180	1,679	1,858	3,011	4,057
Income taxes - deferred	-180	-369	-328	316	7	-58	-213	-31	337	-197	-599
Income taxes	899	1,401	1,309	1,826	2,033	2,469	1,966	1,648	2,196	2,813	3,458
Profit (loss)	-	-	2,665	3,452	4,694	5,441	4,624	2,847	2,091	6,567	10,913
Profit (loss) attributable to non-controlling interests	-	-	217	255	237	231	198	141	84	201	385
Profit (loss) attributable to owners of parent	-	-	2,447	3,196	4,457	5,210	4,426	2,705	2,007	6,365	10,528