NOF Corporation (TYO:4403)

NOF Corporation Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	239,263	238,310	222,252	217,709	192,642	172,645
Revenue Growth (YoY)	4.89%	7.22%	2.09%	13.01%	11.58%	-4.57%
Cost of Revenue	154,818	153,156	142,762	141,766	123,713	115,259
Gross Profit	84,445	85,154	79,490	75,943	68,929	57,386
Selling, General & Admin	40,908	32,810	31,025	29,621	28,170	25,897
Research & Development	-	7,031	6,333	5,697	5,182	4,873
Operating Expenses	40,908	39,845	37,348	35,318	33,333	30,783
Operating Income	43,537	45,309	42,142	40,625	35,596	26,603
Interest Expense	-134	-137	-129	-80	-60	-61
Interest & Investment Income	1,706	1,693	1,507	1,371	1,130	1,191
Currency Exchange Gain (Loss)	-1,402	-319	1,532	793	681	237
Other Non Operating Income (Expenses)	243	24	524	474	275	900
EBT Excluding Unusual Items	43,950	46,570	45,576	43,183	37,622	28,870
Gain (Loss) on Sale of Investments	3,548	3,650	2,605	4,874	19	5,364
Gain (Loss) on Sale of Assets	-230	446	1	7	1,154	7
Asset Writedown	-207	-110	-126	-24	-799	-82
Legal Settlements	-	-	-	-	-	-48
Other Unusual Items	58	221	411	-	-20	-2
Pretax Income	47,119	50,777	48,467	48,040	37,976	34,109
Income Tax Expense	12,959	14,173	14,407	14,025	11,255	10,794
Earnings From Continuing Operations	34,160	36,604	34,060	34,015	26,721	23,315
Minority Interest in Earnings	-100	-107	-70	-42	-31	-13
Net Income	34,060	36,497	33,990	33,973	26,690	23,302
Net Income to Common	34,060	36,497	33,990	33,973	26,690	23,302
Net Income Growth	-5.45%	7.38%	0.05%	27.29%	14.54%	10.23%
Shares Outstanding (Basic)	236	237	241	244	247	249
Shares Outstanding (Diluted)	236	237	241	244	247	249
Shares Change (YoY)	-1.78%	-1.49%	-1.49%	-1.18%	-0.77%	-1.08%
EPS (Basic)	144.50	153.88	141.17	139.01	107.92	93.50
EPS (Diluted)	144.50	153.88	141.17	139.01	107.92	93.50
EPS Growth	-3.73%	9.00%	1.56%	28.80%	15.43%	11.43%
Free Cash Flow	-	12,639	12,222	17,114	19,977	24,744
Free Cash Flow Per Share	-	53.29	50.76	70.02	80.78	99.28
Dividend Per Share	45.000	45.000	38.000	36.000	30.000	26.667
Dividend Growth	18.42%	18.42%	5.56%	20.00%	12.50%	2.56%
Gross Margin	35.29%	35.73%	35.77%	34.88%	35.78%	33.24%
Operating Margin	18.20%	19.01%	18.96%	18.66%	18.48%	15.41%
Profit Margin	14.24%	15.32%	15.29%	15.60%	13.86%	13.50%
Free Cash Flow Margin	-	5.30%	5.50%	7.86%	10.37%	14.33%
EBITDA	51,759	53,274	49,081	46,984	41,505	32,156
EBITDA Margin	21.63%	22.36%	22.08%	21.58%	21.55%	18.63%
D&A For EBITDA	8,222	7,965	6,939	6,359	5,909	5,553
EBIT	43,537	45,309	42,142	40,625	35,596	26,603
EBIT Margin	18.20%	19.01%	18.96%	18.66%	18.48%	15.41%
Effective Tax Rate	27.50%	27.91%	29.73%	29.19%	29.64%	31.65%

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.