JP-listed companies
MEIJI SHIPPING GROUP CO.,LTD.

MEIJI SHIPPING GROUP CO.,LTD.JP:9115

Market cap

¥26.5B

P/E ratio

14.8x

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	22,884	28,152	31,941	35,469	37,404	41,768	42,604	43,881	40,153	45,815	58,062	65,018
Other shipping business revenue	-	-	-	-	-	-	-	-	-	-	1,588	1,693
Shipping business revenue	-	-	-	-	-	-	-	-	-	-	1,588	1,693
Cost of sales	19,802	23,084	25,931	27,564	27,880	32,396	33,523	34,214	33,997	37,342	44,900	48,648
Crew expenses	-	-	-	-	-	-	-	-	-	-	162	163
Provision for bonuses-ship-expenses-shipping	-	-	-	-	-	-	-	-	-	-	8	8
Ship expenses	-	-	-	-	-	-	-	-	-	-	170	171
Other shipping business expenses	-	-	-	-	-	-	-	-	-	-	6	11
Shipping business expenses	-	-	-	-	-	-	-	-	-	-	176	182
Gross profit (loss)	3,081	5,067	6,010	7,905	9,524	9,372	9,081	9,667	6,156	8,473	13,162	16,370
Shipping business profit (loss)	-	-	-	-	-	-	-	-	-	-	1,412	1,511
Selling, general and administrative expenses	2,247	2,543	3,218	3,467	3,659	3,781	4,153	4,222	4,074	4,072	4,397	4,971
Real estate leasing revenue	-	-	-	-	-	-	-	-	-	-	1,210	1,216
Operating profit (loss)	834	2,524	2,792	4,438	5,865	5,591	4,928	5,445	2,082	4,402	8,765	11,399
Real estate leasing expenses	-	-	-	-	-	-	-	-	-	-	791	824
Interest income	18	21	22	22	41	64	87	96	69	47	237	620
Dividend income	41	50	60	59	58	57	104	112	60	89	112	124
Share of profit of entities accounted for using equity method	760	1,174	1,388	935	351	672	690	790	517	939	1,749	1,089
Foreign exchange gains	3,041	5,068	3,035	-	-	-	417	49	436	193	274	458
Other	164	242	592	797	278	359	263	535	794	394	963	690
Guarantee commission income	-	-	-	-	-	-	-	-	-	-	309	313
Non-operating income	4,024	6,555	5,097	1,813	729	1,152	1,562	1,583	2,655	2,792	3,060	2,524
Other	164	242	592	797	278	359	263	535	794	394	963	690
Non-operating income	4,024	6,555	5,097	1,813	729	1,152	1,562	1,583	2,655	2,792	3,060	2,524
Other business profit (loss)	-	-	-	-	-	-	-	-	-	-	419	392
Interest expenses	1,912	1,787	1,653	1,540	1,580	1,714	1,902	2,141	1,923	2,060	2,843	4,444
Foreign exchange losses	-	-	-	196	56	224	-	-	-	-	1,783	3,170
Interest expenses on bonds	-	-	-	-	-	-	-	-	-	-	2	1
Loss on valuation of derivatives	-	-	-	-	-	-	-	-	-	479	542	123
Other	180	437	635	277	406	314	209	186	190	308	214	349
Other	180	437	635	277	406	314	209	186	190	308	214	349
Non-operating expenses	2,091	2,223	2,288	2,014	2,042	2,252	2,111	2,327	2,113	2,847	5,381	8,086
Non-operating expenses	2,091	2,223	2,288	2,014	2,042	2,252	2,111	2,327	2,113	2,847	5,381	8,086
Operating gross profit (loss)	-	-	-	-	-	-	-	-	-	-	1,831	1,903
Ordinary profit (loss)	2,766	6,856	5,601	4,238	4,552	4,492	4,378	4,701	2,623	4,346	6,444	5,837
General and administrative expenses	-	-	-	-	-	-	-	-	-	-	1,093	1,168
Gain on sale of non-current assets	-	-	-	-	-	-	-	-	-	-	-	26
Gain on sales of vessel	727	-	1,280	873	-	-	-	1,046	1,062	2,617	7,467	7,191
Extraordinary income	727	249	1,310	873	-	-	56	1,046	1,852	2,787	7,467	7,386
Other	-	-	-	-	-	-	56	-	-	-	-	195
Extraordinary income	727	249	1,310	873	-	-	56	1,046	1,852	2,787	7,467	7,386
Operating profit (loss)	834	2,524	2,792	4,438	5,865	5,591	4,928	5,445	2,082	4,402	8,765	11,399
Loss on retirement of property, plant and equipment	-	-	-	-	-	-	-	-	-	-	31	-
Extraordinary losses	2,399	3,332	1,619	3,753	1,565	37	-	1,541	2,055	-	31	-
Interest income	18	21	22	22	41	64	87	96	69	47	237	620
Dividend income	41	50	60	59	58	57	104	112	60	89	112	124
Share of profit of entities accounted for using equity method	760	1,174	1,388	935	351	672	690	790	517	939	1,749	1,089
Foreign exchange gains	3,041	5,068	3,035	-	-	-	417	49	436	193	274	458
Other	164	242	592	797	278	359	263	535	794	394	963	690
Guarantee commission income	-	-	-	-	-	-	-	-	-	-	309	313
Non-operating income	4,024	6,555	5,097	1,813	729	1,152	1,562	1,583	2,655	2,792	3,060	2,524
Other	164	242	592	797	278	359	263	535	794	394	963	690
Non-operating income	4,024	6,555	5,097	1,813	729	1,152	1,562	1,583	2,655	2,792	3,060	2,524
Profit (loss) before income taxes	1,094	3,772	5,292	1,358	2,987	4,454	4,434	4,205	2,420	7,133	13,879	13,223
Interest expenses	1,912	1,787	1,653	1,540	1,580	1,714	1,902	2,141	1,923	2,060	2,843	4,444
Foreign exchange losses	-	-	-	196	56	224	-	-	-	-	1,783	3,170
Interest expenses on bonds	-	-	-	-	-	-	-	-	-	-	2	1
Loss on valuation of derivatives	-	-	-	-	-	-	-	-	-	479	542	123
Other	180	437	635	277	406	314	209	186	190	308	214	349
Other	180	437	635	277	406	314	209	186	190	308	214	349
Non-operating expenses	2,091	2,223	2,288	2,014	2,042	2,252	2,111	2,327	2,113	2,847	5,381	8,086
Non-operating expenses	2,091	2,223	2,288	2,014	2,042	2,252	2,111	2,327	2,113	2,847	5,381	8,086
Income taxes - current	498	423	323	553	561	607	610	662	499	1,002	815	1,227
Ordinary profit (loss)	2,766	6,856	5,601	4,238	4,552	4,492	4,378	4,701	2,623	4,346	6,444	5,837
Income taxes - deferred	-613	178	222	-2,887	362	-331	-93	22	-408	459	1,177	-747
Gain on sale of non-current assets	-	-	-	-	-	-	-	-	-	-	-	26
Gain on sales of vessel	727	-	1,280	873	-	-	-	1,046	1,062	2,617	7,467	7,191
Extraordinary income	727	249	1,310	873	-	-	56	1,046	1,852	2,787	7,467	7,386
Other	-	-	-	-	-	-	56	-	-	-	-	195
Extraordinary income	727	249	1,310	873	-	-	56	1,046	1,852	2,787	7,467	7,386
Income taxes	-116	601	545	-2,334	922	275	517	684	91	1,461	1,992	480
Profit (loss) before income taxes	1,094	3,772	5,292	1,358	2,987	4,454	4,434	4,205	2,420	7,133	13,879	13,223
Profit (loss)	-	-	4,747	3,691	2,065	4,179	3,917	3,521	2,329	5,672	11,887	12,743
Income taxes - current	498	423	323	553	561	607	610	662	499	1,002	815	1,227
Profit (loss) attributable to non-controlling interests	-	-	2,300	2,628	905	2,369	1,868	1,801	1,082	2,394	5,448	7,554
Income taxes - deferred	-613	178	222	-2,887	362	-331	-93	22	-408	459	1,177	-747
Profit (loss) attributable to owners of parent	-	-	2,447	1,064	1,159	1,810	2,050	1,720	1,247	3,278	6,439	5,189
Profit (loss)	-	-	4,747	3,691	2,065	4,179	3,917	3,521	2,329	5,672	11,887	12,743