West Nippon Expressway Company Limited【JP:E04374】
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 | 1,211 | 3,227 | 6,899 | 7,604 | 30,449 | 8,208 | 3,946 | -1,094 | 8,340 | -1,242 |
| Depreciation | 20,875 | 21,785 | 20,756 | 21,562 | 24,113 | 26,382 | 27,952 | 29,559 | 31,312 | 32,303 |
| Impairment losses | - | 76 | 256 | - | - | 1 | 624 | 234 | 26 | 212 |
| Amortization of negative goodwill | -415 | -415 | -415 | -415 | -415 | -415 | -415 | -415 | -415 | -415 |
| Increase (decrease) in allowance for doubtful accounts | -2 | 26 | -37 | -41 | -50 | -22 | -31 | -8 | 22 | -29 |
| Increase (decrease) in provision for bonuses | 99 | 94 | -113 | 122 | 248 | 338 | 7 | 104 | 28 | 38 |
| Increase (decrease) in provision for retirement benefits for directors (and other officers) | 3 | -1 | 42 | -19 | 33 | -85 | -136 | 9 | 6 | -15 |
| Increase (decrease) in Contract liability for ETC mileage service | - | - | - | - | - | - | - | - | -243 | 488 |
| Decrease(increase) in net defined benefit asset and liability | 2,107 | 628 | 1,241 | 3,798 | -24,939 | 2,089 | 196 | 335 | 379 | -365 |
| Interest and dividend income | -94 | -105 | -106 | -47 | -37 | -36 | -32 | -13 | -23 | -29 |
| Interest expenses | 5,351 | 4,752 | 3,137 | 3,316 | 3,212 | 2,561 | 2,476 | 2,143 | 1,813 | 1,677 |
| Share of loss (profit) of entities accounted for using equity method | -167 | -309 | -359 | -209 | -232 | -257 | -522 | -445 | -593 | -292 |
| Loss (gain) on sale of non-current assets | -23 | -45 | -87 | -352 | 85 | -242 | -37 | - | -84 | -33 |
| Loss on retirement of non-current assets | 1,719 | 2,977 | 2,031 | 2,423 | 1,232 | 907 | 1,190 | 1,982 | 1,104 | 1,067 |
| Decrease (increase) in trade receivables | -5,877 | -5,708 | 2,598 | -6,420 | -7,579 | -9,726 | 3,278 | -85,983 | 73,527 | -4,336 |
| Decrease (increase) in inventories | -3,631 | -1,827 | -180,791 | -194,919 | 304,439 | -123,599 | -80,373 | -190,189 | 90,368 | -332,527 |
| Increase (decrease) in trade payables | 34,186 | 19,513 | 24,313 | -15,443 | 69,668 | 57,170 | -80,190 | -1,246 | 27,846 | 48,384 |
| Increase/decrease in consumption taxes payable/consumption taxes refund receivable | - | - | - | 5,640 | 29,084 | -61,976 | 37,031 | -4,165 | 20,279 | -49,173 |
| Other, net | 5,388 | 102 | -20,058 | -1,470 | -350 | 8,509 | 2,512 | -8,399 | -2,573 | -9,915 |
| Subtotal | 66,911 | 50,045 | -135,689 | -176,557 | 432,662 | -85,115 | -77,497 | -260,794 | 250,753 | -311,592 |
| Interest and dividends received | 151 | 148 | 118 | 57 | 150 | 65 | 88 | 89 | 239 | 280 |
| Interest paid | -5,432 | -4,658 | -3,375 | -3,296 | -3,193 | -2,709 | -2,405 | -2,163 | -1,903 | -1,628 |
| Income taxes paid | -5,134 | -2,731 | -6,198 | -3,767 | -5,867 | -3,031 | -5,803 | -3,535 | -1,362 | -2,953 |
| Income taxes refund | 1,044 | 814 | 61 | 132 | 108 | 1,888 | 23 | 471 | 1,512 | 73 |
| Net cash provided by (used in) operating activities | 57,540 | 43,618 | -145,083 | -183,432 | 423,861 | -88,902 | -85,594 | -265,931 | 249,239 | -315,820 |
| Purchase of non-current assets | -29,213 | -28,804 | -32,869 | -31,939 | -40,666 | -35,192 | -32,801 | -39,245 | -36,649 | -31,529 |
| Proceeds from sale of non-current assets | 1,018 | 417 | 157 | 636 | 136 | 819 | 186 | 518 | 1,093 | 193 |
| Other, net | -1 | 18 | 90 | -42 | -34 | -58 | -713 | -278 | -233 | -246 |
| Net cash provided by (used in) investing activities | -27,081 | -28,565 | -32,698 | -31,103 | -41,018 | -34,431 | -33,269 | -40,228 | -35,789 | -31,582 |
| Proceeds from long-term borrowings | 130,000 | 150,000 | 200,539 | 205,354 | 180,218 | 72,704 | 71,064 | 125,164 | 70,785 | 90,769 |
| Repayments of long-term borrowings | -105,174 | -50,423 | -100,828 | -127,133 | -558,756 | -29,176 | -37,081 | -37,950 | -117,005 | - |
| Proceeds from issuance of road-building bonds | 99,674 | 99,681 | 104,667 | 184,447 | 289,421 | 359,425 | 229,622 | 399,199 | 539,064 | 485,764 |
| Redemption of road-building bonds | -120,000 | -213,709 | - | -11,376 | -270,000 | -225,000 | -205,000 | -215,000 | -550,002 | -226,600 |
| Other, net | -927 | -1,004 | -772 | -1,044 | -1,194 | -961 | -914 | -1,041 | -1,047 | -1,465 |
| Net cash provided by (used in) financing activities | 2,004 | -15,456 | 203,605 | 250,249 | -360,309 | 176,991 | 57,581 | 270,372 | -58,205 | 348,467 |
| Effect of exchange rate change on cash and cash equivalents | 3 | 4 | -2 | - | -2 | 2 | - | - | 8 | 5 |
| Net increase (decrease) in cash and cash equivalents | 32,467 | -399 | 25,821 | 35,712 | 22,530 | 53,659 | -61,283 | -35,787 | 155,254 | 1,069 |