Metropolitan Expressway Company Limited【JP:E04373】
Market cap
P/E ratio
| 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 | |
| Profit (loss) before income taxes | -1,699 | 1,588 | 5,509 | 2,196 | 14,489 | 2,086 | -425 | -5,167 | 3,949 | -3,034 |
| Depreciation | 6,258 | 7,716 | 7,565 | 7,702 | 8,073 | 7,307 | 7,594 | 8,023 | 7,171 | 7,181 |
| Impairment losses | - | - | - | 194 | - | - | - | 638 | - | 211 |
| Gain on bargain purchase | -83 | - | - | - | - | - | - | - | - | -187 |
| Increase (decrease) in provision for bonuses | -32 | 20 | 37 | 52 | 23 | 68 | 32 | 19 | 24 | 10 |
| Increase (decrease) in allowance for doubtful accounts | -4 | 6 | 37 | -158 | 13 | 8 | -10 | -6 | 48 | -5 |
| Increase (decrease) in provision for retirement benefits for directors (and other officers) | 1 | 3 | - | 8 | 10 | -16 | 23 | 19 | 6 | -59 |
| Increase (decrease) in retirement benefit liability | 1,173 | 668 | -87 | 2,534 | -15,178 | 622 | 173 | 77 | -34 | -81 |
| Interest income | -14 | -7 | -23 | -1 | -2 | -2 | -2 | -1 | -2 | -1 |
| Interest expenses | 98 | 91 | 78 | 50 | 45 | 48 | 39 | 32 | 26 | 21 |
| Loss on retirement of non-current assets | 694 | 445 | 292 | 329 | 3,358 | 1,248 | 529 | 333 | 634 | 739 |
| Loss on tax purpose reduction entry of non-current assets | - | - | - | - | - | - | - | - | 45 | - |
| Decrease (increase) in trade receivables | -5,242 | -28,603 | 33,215 | -9,203 | -9,999 | 12,003 | -2,558 | -20,463 | 9,138 | 17,146 |
| Decrease (increase) in contract assets | - | - | - | - | - | - | - | - | -4 | -671 |
| Decrease (increase) in consumption taxes refund receivable | -2,924 | 2,924 | -11,558 | 11,530 | -7,276 | 7,087 | 178 | 23 | 5 | -888 |
| Decrease (increase) in highway assets in process | -85,515 | 114,711 | -75,878 | 188,055 | -4,405 | -36,878 | 106,751 | 6,081 | -14,056 | -18,972 |
| Decrease (increase) in supplies | 89 | 148 | 51 | -163 | -49 | 24 | -79 | -28 | -344 | 14 |
| Decrease (increase) in advance payments for management | 15,294 | 2,209 | -2,384 | 332 | 1,657 | 14,308 | 917 | -252 | 135 | -188 |
| Decrease (increase) in advance payments-other | -284 | -1,429 | 1,692 | -537 | -992 | -111 | 198 | -556 | 902 | -382 |
| Increase (decrease) in trade payables | -2,815 | -203 | -7,721 | 49,636 | -34,724 | -3,735 | 9,822 | -9,364 | 4,467 | -9,061 |
| Increase (decrease) in accrued consumption taxes | -3,256 | 12,499 | -11,376 | 8,373 | -9,638 | 272 | 6,683 | -6,631 | 2,872 | -2,877 |
| Increase (decrease) in contract liabilities for management | - | - | - | - | - | - | - | - | 1,922 | -875 |
| Increase (decrease) in contract liabilities | - | - | - | - | - | - | - | - | 283 | 112 |
| Increase (decrease) in advances received for management | -16,180 | -2,675 | 3,174 | -561 | -1,118 | -14,842 | -1,883 | 1,473 | -2,053 | - |
| Increase (decrease) in advances received | -75 | -77 | -169 | -287 | 26 | -6 | -12 | 3 | -95 | - |
| Other, net | 414 | 944 | 1,656 | -1,339 | 1,990 | 953 | 1,296 | 446 | 410 | 636 |
| Subtotal | -91,648 | 112,503 | -53,715 | 261,522 | -52,060 | -7,150 | 131,567 | -23,822 | 17,416 | -8,382 |
| Interest received | 14 | 8 | 23 | 1 | 2 | 2 | 2 | 1 | 2 | 1 |
| Interest paid | -1,901 | -2,118 | -886 | -831 | -278 | -319 | -310 | -197 | -175 | -231 |
| Income taxes paid | -2,367 | -1,084 | -1,887 | -4,011 | -3,290 | -1,092 | -3,380 | -2,189 | -1,310 | -2,590 |
| Net cash provided by (used in) operating activities | -95,903 | 109,309 | -56,466 | 256,680 | -55,627 | -8,561 | 127,879 | -26,207 | 15,933 | -11,202 |
| Purchase of property, plant and equipment | -4,459 | -5,301 | -4,582 | -6,691 | -10,126 | -12,130 | -9,156 | -6,713 | -4,318 | -7,192 |
| Proceeds from sale of property, plant and equipment | 11 | 244 | 5 | 3 | 5 | 20 | 7 | 8 | 232 | 25 |
| Proceeds from purchase of shares of subsidiaries resulting in change in scope of consolidation | - | - | - | - | - | - | - | - | - | 1,229 |
| Other, net | -446 | -719 | -152 | -1,033 | -1,115 | -1,034 | -1,285 | -505 | -913 | -618 |
| Net cash provided by (used in) investing activities | -4,894 | -5,803 | -4,810 | -7,721 | -11,468 | -13,144 | -10,435 | -7,302 | -4,998 | -6,556 |
| Proceeds from long-term loans payable to road-building | 99,112 | 100,199 | 71,167 | 90,178 | 76,678 | 46,091 | 51,939 | 49,780 | 30,495 | 43,273 |
| Proceeds from issuance of road-building bonds | 29,935 | 69,853 | 54,882 | 123,746 | 79,835 | 79,855 | 99,911 | 55,880 | 119,841 | 47,894 |
| Proceeds from long-term borrowings | 4,900 | - | - | 9,497 | 5,000 | 5,000 | 4,993 | 5,000 | 5,000 | 5,000 |
| Repayments of long-term borrowings | -4,437 | -2,137 | -2,085 | -3,666 | -2,761 | -2,761 | -1,928 | -3,594 | -5,260 | -4,261 |
| Increase (decrease) in long-term loans payable to road-building | -20,317 | -104,445 | -30,000 | -250,943 | -53,373 | -29,945 | -111,383 | -60,765 | -39,834 | -34,430 |
| Increase(decrese) in ofroad-building bonds | - | -162,522 | -38,480 | -137,174 | -90,000 | -64,000 | -140,000 | -50,000 | -85,000 | -56,000 |
| Dividends paid to non-controlling interests | - | - | - | - | - | - | - | - | - | - |
| Other, net | -33 | -207 | 178 | -281 | -270 | 51 | -6 | 4,531 | -4,709 | 1,001 |
| Net cash provided by (used in) financing activities | 109,074 | -99,259 | 55,663 | -168,644 | 15,109 | 34,292 | -96,474 | 831 | 20,531 | 2,478 |
| Effect of exchange rate change on cash and cash equivalents | - | 1 | - | - | - | 1 | - | 1 | 1 | -2 |
| Net increase (decrease) in cash and cash equivalents | 8,276 | 4,248 | -5,614 | 80,314 | -51,986 | 12,587 | 20,970 | -32,677 | 31,468 | -15,283 |