Mitutoyo Corporation【JP:E02300】
Market cap
P/E ratio
| 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 | Dec 31, 2024 | |
| Profit (loss) before income taxes | 4,559 | 6,164 | 11,316 | 14,351 | 8,708 | 10,363 | 16,310 | 9,652 | 4,484 | 10,997 | 9,176 | 12,842 | 9,888 |
| Depreciation | 3,138 | 3,771 | 3,725 | 4,218 | 4,761 | 5,138 | 5,126 | 5,598 | 6,316 | 7,041 | 9,256 | 10,778 | 12,374 |
| Amortization of goodwill | - | - | - | - | 48 | 49 | 390 | 1 | 1 | 1 | 1 | 88 | 45 |
| Increase (decrease) in provision for bonuses | -1,000 | -16 | 78 | -4 | 2 | 122 | -23 | -9 | -17 | 109 | 98 | 76 | 64 |
| Increase (decrease) in allowance for doubtful accounts | -17 | 7 | 34 | 7 | 11 | 39 | -42 | 10 | -9 | 17 | 5 | -17 | 13 |
| Increase (decrease) in retirement benefit liability | - | - | 7,315 | -21 | 2,751 | -652 | 1,068 | -888 | -521 | -1,571 | 909 | -2,162 | -3,801 |
| Interest and dividend income | -310 | -433 | -393 | -509 | -340 | -349 | -486 | -441 | -337 | -309 | -562 | -1,265 | -1,075 |
| Subsidy income | - | - | - | - | - | - | - | - | - | - | - | - | -727 |
| Interest expenses | 166 | 169 | 142 | 85 | 87 | 92 | 88 | 78 | 63 | 70 | 100 | 200 | 358 |
| Foreign exchange losses (gains) | 33 | -39 | -22 | 64 | 13 | -103 | 138 | 22 | 50 | -43 | -1 | -149 | -91 |
| Loss from an inflation adjustment | - | - | - | - | - | - | - | - | - | - | - | 531 | 302 |
| Loss (gain) on sale of investment securities | - | - | - | - | - | - | -127 | -104 | -116 | 6 | -50 | -213 | -217 |
| Loss (gain) on sale of non-current assets | - | - | - | - | - | - | - | - | - | - | - | -924 | -771 |
| Loss (gain) on valuation of investment securities | - | - | - | - | - | - | - | 726 | -4 | 250 | 170 | - | 1 |
| Loss on retirement of non-current assets | - | - | - | - | - | - | - | 83 | 217 | 50 | 81 | 114 | 105 |
| Loss (gain) on valuation of derivatives | 99 | -913 | -446 | -299 | 387 | -138 | -141 | 53 | -140 | 36 | -153 | -53 | 493 |
| Decrease (increase) in trade receivables | 1,593 | 104 | -1,751 | -153 | -978 | -1,699 | -516 | 1,705 | 2,459 | -889 | -1,950 | 201 | -89 |
| Decrease (increase) in inventories | -545 | 3,775 | 2,251 | -4,047 | -882 | 1,767 | -5,106 | -5,143 | -3,916 | -1,510 | -8,186 | -12,293 | -4,372 |
| Decrease (increase) in other current assets | 1,301 | 32 | -48 | -374 | -988 | 632 | -545 | -986 | -863 | -1,280 | -1,422 | -1,452 | -25 |
| Increase (decrease) in trade payables | -3,122 | -2,371 | 313 | 1,043 | 170 | 36 | 1,558 | 42 | -1,340 | 2,089 | 1,380 | 337 | -842 |
| Increase (decrease) in provision for bonuses for directors (and other officers) | -6 | 5 | 17 | -5 | -12 | 14 | 17 | -33 | -9 | 7 | 1 | 3 | -3 |
| Increase (decrease) in provision for retirement benefits for directors (and other officers) | -12 | 43 | 43 | -35 | 47 | -101 | 24 | -63 | -5 | 26 | 21 | 53 | -25 |
| Increase (decrease) in other provisions | - | - | - | - | - | - | - | - | -143 | 55 | 352 | 33 | -937 |
| Increase (decrease) in other current liabilities | -1,643 | -255 | 363 | 517 | 727 | -1,027 | 434 | 848 | -24 | 547 | 652 | 524 | 2,012 |
| Other non-operating expenses (income) | - | - | - | - | - | - | - | - | - | - | - | -122 | - |
| Other, net | - | 53 | -155 | 287 | -2,433 | 1,322 | -1,227 | 229 | 158 | 588 | -1,310 | -132 | 2,961 |
| Subtotal | 6,493 | 13,880 | 22,935 | 23,404 | 19,006 | 23,960 | 23,629 | 15,437 | 5,961 | 16,123 | 8,445 | 6,997 | 15,641 |
| Interest and dividends received | 350 | 410 | 407 | 512 | 329 | 347 | 474 | 441 | 348 | 304 | 544 | 1,280 | 1,100 |
| Interest paid | -173 | -183 | -136 | -92 | -140 | -93 | -85 | -41 | -141 | -74 | -99 | -199 | -312 |
| Subsidies received | - | - | - | - | - | - | - | - | - | - | - | - | 727 |
| Income taxes paid | -1,828 | -2,196 | -4,235 | -7,334 | -7,319 | -3,543 | -6,519 | -6,211 | -1,033 | -2,400 | -3,101 | -4,314 | -3,879 |
| Net cash provided by (used in) operating activities | 4,842 | 11,840 | 18,971 | 16,490 | 11,877 | 20,671 | 17,499 | 9,625 | 4,881 | 13,953 | 5,575 | 3,764 | 13,276 |
| Payments into time deposits | -8,350 | -10,208 | -14,855 | -17,116 | -1,505 | -116 | -789 | -613 | -679 | -513 | -492 | -1,572 | -12,399 |
| Proceeds from withdrawal of time deposits | 6,000 | 9,051 | 11,361 | 15,839 | 13,266 | 1,001 | 837 | 1,121 | 981 | 237 | 972 | 1,700 | 8,007 |
| Purchase of securities | -16,660 | -19,136 | -22,990 | -36,308 | -56,197 | -77,603 | -88,002 | -110,800 | -121,700 | -117,700 | -106,100 | -124,100 | -94,789 |
| Proceeds from redemption of securities | 20,237 | 16,996 | 18,700 | 31,378 | 53,601 | 73,801 | 84,865 | 112,322 | 126,278 | 117,000 | 109,100 | 122,124 | 106,096 |
| Proceeds from sale of securities | 58 | 1,018 | 221 | 1,557 | 368 | - | - | - | 9 | -6 | 137 | 213 | - |
| Purchase of investment securities | - | -1,508 | -3,408 | -3,375 | -6,636 | -4,528 | -6,408 | -4,828 | -2,586 | -3,339 | -7,393 | -6,383 | -4,421 |
| Proceeds from sale of investment securities | 26 | 132 | 400 | - | 1,782 | 2,198 | 3,635 | 3,231 | 1,617 | 2,454 | 3,260 | 4,383 | 5,660 |
| Purchase of property, plant and equipment | -2,954 | -5,277 | -5,933 | -8,376 | -8,451 | -4,402 | -6,386 | -12,447 | -13,832 | -12,659 | -13,740 | -16,157 | -13,139 |
| Proceeds from sale of property, plant and equipment | 18 | 397 | 411 | 410 | 79 | 725 | 243 | 170 | 1,189 | 235 | 1,458 | 822 | 944 |
| Purchase of intangible assets | -432 | -529 | -185 | -345 | -298 | -475 | -374 | -419 | -1,099 | -6,548 | -4,246 | -3,275 | -6,285 |
| Payments for asset retirement obligations | - | - | - | - | - | - | - | - | - | - | - | - | -52 |
| Other expenditure by the investment activity | -116 | -92 | -153 | -90 | -59 | 173 | 35 | -130 | -20 | -70 | -623 | -46 | -103 |
| Proceeds from sale of intangible assets | - | 0 | - | - | - | - | - | - | 6 | -5 | - | 588 | - |
| Other incomes by the investment activity | 214 | 14 | 22 | 688 | 11 | -74 | 35 | 53 | 34 | 41 | 8 | -22 | 30 |
| Loan advances | -3 | -20 | -1 | -9 | - | -65 | - | - | -2 | -2 | -1 | -2 | -9 |
| Proceeds from collection of loans receivable | 371 | 12 | 23 | 14 | 21 | 197 | 11 | 1 | 1 | 2 | 1 | 1 | 2 |
| Purchase of shares of subsidiaries resulting in change in scope of consolidation | - | - | - | - | -463 | - | -69 | - | - | - | - | - | -246 |
| Net cash provided by (used in) investing activities | -1,664 | -7,184 | -13,070 | -14,290 | -4,483 | -9,168 | -12,457 | -12,339 | -9,804 | -20,872 | -17,659 | -21,725 | -10,704 |
| Net increase (decrease) in short-term borrowings | 1,134 | -592 | -67 | -10 | 108 | -1,210 | - | -327 | 6,000 | 4,500 | -5,500 | -5,000 | - |
| Proceeds from long-term borrowings | 9 | 2,000 | 4,001 | 15 | -5 | 8 | - | 4,000 | 7 | - | 6,000 | 5,000 | - |
| Repayments of lease liabilities | - | - | - | - | - | - | - | - | - | - | -92 | - | -1,208 |
| Dividends paid | -391 | -313 | -391 | -548 | -470 | -431 | -461 | -577 | -308 | -308 | -384 | -384 | -384 |
| Dividends paid to non-controlling interests | - | - | - | -295 | -765 | -215 | -941 | -417 | -166 | 147 | 138 | -159 | -176 |
| Purchase of shares of subsidiaries not resulting in change in scope of consolidation | - | - | - | - | - | - | - | - | -1,712 | -1,967 | - | - | -1,242 |
| Net cash provided by (used in) financing activities | 713 | -1,153 | -622 | -1,550 | -1,135 | -5,068 | -3,405 | -1,324 | 3,819 | 2,371 | 161 | -543 | -3,010 |
| Effect of exchange rate change on cash and cash equivalents | 2,139 | 3,419 | 2,003 | -1,688 | -1,691 | 807 | -1,349 | -373 | -711 | 2,451 | 3,907 | 3,313 | 1,690 |
| Net increase (decrease) in cash and cash equivalents | 6,029 | 6,921 | 7,283 | -1,038 | 4,569 | 7,242 | 288 | -4,411 | -1,814 | -2,097 | -8,016 | -15,191 | 1,251 |