JP-listed companies
ICHINEN HOLDINGS CO.,LTD.

ICHINEN HOLDINGS CO.,LTD.JP:9619

Market cap

¥39.9B

P/E ratio

3.4x

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
Net sales	57,335	67,636	71,696	74,845	79,704	81,379	87,773	98,715	112,618	120,644	127,822
Net sales	57,335	67,636	71,696	74,845	79,704	81,379	87,773	98,715	112,618	120,644	127,822
Cost of sales	43,407	51,507	54,807	57,089	61,104	62,200	67,519	76,407	87,791	93,910	100,001
Gross profit (loss)	13,927	16,129	16,889	17,755	18,600	19,179	20,254	22,307	24,827	26,733	27,820
Gross profit (loss)	13,927	16,129	16,889	17,755	18,600	19,179	20,254	22,307	24,827	26,733	27,820
Selling, general and administrative expenses	9,566	11,078	11,459	12,240	12,919	13,260	13,982	15,430	17,311	18,110	18,959
Remuneration for directors (and other officers)	566	625	710	756	775	831	831	884	978	1,031	1,153
Salaries, allowances and bonuses	3,688	4,200	4,084	4,279	4,569	4,733	4,992	5,687	6,674	6,845	7,082
Provision for bonuses	340	401	415	475	464	455	532	661	707	840	779
Retirement benefit expenses	274	284	221	209	267	247	233	250	315	276	289
Provision for retirement benefits for directors (and other officers)	38	39	33	37	32	31	31	28	27	31	31
Welfare expenses	887	1,024	1,079	1,272	1,256	1,265	1,321	1,479	1,749	1,755	1,845
Entertainment expenses	98	110	108	218	118	117	129	133	69	88	140
Provision of allowance for doubtful accounts	12	-	49	7	18	69	-3	29	68	15	-13
Provision for quality assurance	24	-6	7	1	15	-1	8	1	-2	3	10
Depreciation	381	355	310	353	444	497	554	580	676	869	861
Rent expenses	424	477	506	504	543	529	619	677	795	847	858
Amortization of goodwill	533	704	638	500	529	448	269	280	277	287	246
Other	2,293	2,858	3,294	3,622	3,882	4,035	4,462	4,734	4,975	5,218	5,674
Selling, general and administrative expenses	9,566	11,078	11,459	12,240	12,919	13,260	13,982	15,430	17,311	18,110	18,959
Operating profit (loss)	4,361	5,050	5,429	5,515	5,681	5,918	6,272	6,877	7,516	8,623	8,861
Operating profit (loss)	4,361	5,050	5,429	5,515	5,681	5,918	6,272	6,877	7,516	8,623	8,861
Interest income	5	3	7	5	1	1	1	1	1	2	1
Dividend income	55	57	63	66	65	74	78	89	80	95	112
Purchase discounts	43	57	72	65	65	56	57	52	57	63	55
Foreign exchange gains	-	-	-	-	-	3	20	6	-	25	106
Other	55	87	65	101	88	67	44	100	56	60	105
Dividend income of insurance	-	-	-	-	-	-	-	-	25	17	17
Non-operating income	159	277	208	275	220	199	202	250	248	275	411
Subsidy income	-	-	-	-	-	-	-	20	27	8	12
Other	55	87	65	101	88	67	44	100	56	60	105
Non-operating income	159	277	208	275	220	199	202	250	248	275	411
Interest income	5	3	7	5	1	1	1	1	1	2	1
Dividend income	55	57	63	66	65	74	78	89	80	95	112
Purchase discounts	43	57	72	65	65	56	57	52	57	63	55
Foreign exchange gains	-	-	-	-	-	3	20	6	-	25	106
Other	55	87	65	101	88	67	44	100	56	60	105
Dividend income of insurance	-	-	-	-	-	-	-	-	25	17	17
Non-operating income	159	277	208	275	220	199	202	250	248	275	411
Subsidy income	-	-	-	-	-	-	-	20	27	8	12
Other	55	87	65	101	88	67	44	100	56	60	105
Non-operating income	159	277	208	275	220	199	202	250	248	275	411
Interest expenses	281	269	166	134	40	51	25	35	54	39	59
Interest expenses on bonds	9	5	5	17	69	22	27	15	22	21	13
Interest expenses on commercial papers	9	11	7	2	3	7	3	4	3	2	1
Commission expenses	58	68	21	17	185	16	15	57	71	27	23
Amortization of bond issuance costs	15	13	10	9	18	19	17	11	12	16	19
Nondeductible consumption tax	-	10	49	44	51	18	18	18	32	26	24
Other	73	86	57	36	21	29	19	35	54	36	29
Non-operating expenses	455	456	321	262	388	164	127	179	252	169	170
Nondeductible consumption tax	-	10	49	44	51	18	18	18	32	26	24
Other	73	86	57	36	21	29	19	35	54	36	29
Non-operating expenses	455	456	321	262	388	164	127	179	252	169	170
Interest expenses	281	269	166	134	40	51	25	35	54	39	59
Interest expenses on bonds	9	5	5	17	69	22	27	15	22	21	13
Interest expenses on commercial papers	9	11	7	2	3	7	3	4	3	2	1
Commission expenses	58	68	21	17	185	16	15	57	71	27	23
Amortization of bond issuance costs	15	13	10	9	18	19	17	11	12	16	19
Nondeductible consumption tax	-	10	49	44	51	18	18	18	32	26	24
Other	73	86	57	36	21	29	19	35	54	36	29
Non-operating expenses	455	456	321	262	388	164	127	179	252	169	170
Nondeductible consumption tax	-	10	49	44	51	18	18	18	32	26	24
Other	73	86	57	36	21	29	19	35	54	36	29
Non-operating expenses	455	456	321	262	388	164	127	179	252	169	170
Ordinary profit (loss)	4,065	4,871	5,316	5,527	5,513	5,953	6,346	6,948	7,513	8,728	9,102
Ordinary profit (loss)	4,065	4,871	5,316	5,527	5,513	5,953	6,346	6,948	7,513	8,728	9,102
Gain on sale of non-current assets	2	51	27	121	450	204	-	-	2	16	7
Gain on sale of investment securities	2	70	51	27	30	391	8	37	36	2	1
National subsidies	-	-	-	-	-	160	327	-	3	-	106
Extraordinary income	13	250	79	202	481	923	1,482	452	43	278	156
Gain on bargain purchase	-	128	-	52	-	166	1,145	414	-	259	-
Compensation income	-	-	-	-	-	-	-	-	-	-	40
Extraordinary income	13	250	79	202	481	923	1,482	452	43	278	156
Gain on sale of non-current assets	2	51	27	121	450	204	-	-	2	16	7
Gain on sale of investment securities	2	70	51	27	30	391	8	37	36	2	1
National subsidies	-	-	-	-	-	160	327	-	3	-	106
Extraordinary income	13	250	79	202	481	923	1,482	452	43	278	156
Gain on bargain purchase	-	128	-	52	-	166	1,145	414	-	259	-
Compensation income	-	-	-	-	-	-	-	-	-	-	40
Extraordinary income	13	250	79	202	481	923	1,482	452	43	278	156
Loss on sale and retirement of non-current assets	49	47	143	63	90	665	91	585	2,483	79	74
Impairment losses	-	-	-	-	-	49	-	22	-	209	-
Loss on sale of investment securities	3	-	-	-	-	-	1	63	-	-	3
Loss on valuation of investment securities	4	-	-	-	-	-	7	19	183	49	49
Loss on tax purpose reduction entry of non-current assets	-	-	-	-	-	160	327	-	3	-	106
Extraordinary losses	57	47	143	63	90	875	428	690	2,671	339	274
Loss on sale of investment securities	3	-	-	-	-	-	1	63	-	-	3
Loss on valuation of investment securities	4	-	-	-	-	-	7	19	183	49	49
Loss on disaster	-	-	-	-	-	-	-	-	-	-	40
Extraordinary losses	57	47	143	63	90	875	428	690	2,671	339	274
Profit (loss) before income taxes	4,022	5,074	5,252	5,666	5,903	6,000	7,401	6,709	4,885	8,668	8,983
Loss on sale and retirement of non-current assets	49	47	143	63	90	665	91	585	2,483	79	74
Impairment losses	-	-	-	-	-	49	-	22	-	209	-
Loss on sale of investment securities	3	-	-	-	-	-	1	63	-	-	3
Loss on valuation of investment securities	4	-	-	-	-	-	7	19	183	49	49
Loss on tax purpose reduction entry of non-current assets	-	-	-	-	-	160	327	-	3	-	106
Extraordinary losses	57	47	143	63	90	875	428	690	2,671	339	274
Loss on sale of investment securities	3	-	-	-	-	-	1	63	-	-	3
Loss on valuation of investment securities	4	-	-	-	-	-	7	19	183	49	49
Loss on disaster	-	-	-	-	-	-	-	-	-	-	40
Extraordinary losses	57	47	143	63	90	875	428	690	2,671	339	274
Income taxes - current	1,087	2,395	983	1,990	1,947	2,420	2,163	2,625	1,764	3,450	3,120
Profit (loss) before income taxes	4,022	5,074	5,252	5,666	5,903	6,000	7,401	6,709	4,885	8,668	8,983
Income taxes - deferred	636	-284	509	-4	155	-269	110	-342	104	-429	-59
Income taxes - current	1,087	2,395	983	1,990	1,947	2,420	2,163	2,625	1,764	3,450	3,120
Income taxes	1,723	2,110	1,492	1,985	2,102	2,151	2,273	2,283	1,869	3,021	3,060
Income taxes - deferred	636	-284	509	-4	155	-269	110	-342	104	-429	-59
Profit (loss)	-	-	3,759	3,681	3,800	3,848	5,127	4,426	3,015	5,646	5,923
Income taxes	1,723	2,110	1,492	1,985	2,102	2,151	2,273	2,283	1,869	3,021	3,060
Profit (loss)	-	-	3,759	3,681	3,800	3,848	5,127	4,426	3,015	5,646	5,923
Profit (loss) attributable to owners of parent	-	-	3,759	3,681	3,800	3,848	5,127	4,426	3,015	5,646	5,923