Nippon Ceramic Co., Ltd. (TYO:6929)

Nippon Ceramic Income Statement

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	25,998	25,037	24,449	23,258	21,358	17,116
Revenue Growth (YoY)	6.87%	2.40%	5.12%	8.90%	24.78%	-7.85%
Cost of Revenue	18,249	17,847	17,609	16,442	15,392	12,112
Gross Profit	7,749	7,190	6,840	6,816	5,966	5,004
Selling, General & Admin	1,499	1,472	1,519	1,830	1,720	1,445
Research & Development	367	367	406	454	505	367
Other Operating Expenses	254	254	217	236	229	210
Operating Expenses	2,254	2,227	2,265	2,638	2,586	2,156
Operating Income	5,495	4,963	4,575	4,178	3,380	2,848
Interest & Investment Income	472	486	460	366	278	285
Currency Exchange Gain (Loss)	18	304	158	280	194	-212
Other Non Operating Income (Expenses)	87	91	120	121	87	86
EBT Excluding Unusual Items	6,072	5,844	5,313	4,945	3,939	3,007
Gain (Loss) on Sale of Investments	36	36	-	-	-	223
Gain (Loss) on Sale of Assets	4	-	61	-196	-	3
Asset Writedown	-1	-1	-19	-178	-167	-20
Other Unusual Items	88	23	-86	3,291	152	-98
Pretax Income	6,199	5,902	5,269	7,862	3,924	3,115
Income Tax Expense	1,739	1,685	1,497	2,748	962	864
Earnings From Continuing Operations	4,460	4,217	3,772	5,114	2,962	2,251
Minority Interest in Earnings	-86	-55	-79	-92	-145	-118
Net Income	4,374	4,162	3,693	5,022	2,817	2,133
Net Income to Common	4,374	4,162	3,693	5,022	2,817	2,133
Net Income Growth	22.21%	12.70%	-26.46%	78.27%	32.07%	-21.64%
Shares Outstanding (Basic)	23	23	24	24	25	26
Shares Outstanding (Diluted)	23	23	24	24	25	26
Shares Change (YoY)	-4.45%	-2.69%	-3.24%	-4.23%	-1.94%	-3.63%
EPS (Basic)	194.07	181.29	156.54	205.98	110.65	82.16
EPS (Diluted)	194.07	181.29	156.54	205.98	110.65	82.16
EPS Growth	27.90%	15.81%	-24.00%	86.16%	34.68%	-18.68%
Free Cash Flow	3,555	4,988	3,863	3,015	2,308	2,119
Free Cash Flow Per Share	157.73	217.27	163.74	123.66	90.66	81.62
Dividend Per Share	100.000	100.000	100.000	50.000	50.000	50.000
Dividend Growth	-	-	100.00%	-	-	-
Gross Margin	29.81%	28.72%	27.98%	29.31%	27.93%	29.24%
Operating Margin	21.14%	19.82%	18.71%	17.96%	15.82%	16.64%
Profit Margin	16.82%	16.62%	15.10%	21.59%	13.19%	12.46%
Free Cash Flow Margin	13.67%	19.92%	15.80%	12.96%	10.81%	12.38%
EBITDA	6,856	6,333	6,067	5,479	4,522	3,844
EBITDA Margin	26.37%	25.29%	24.82%	23.56%	21.17%	22.46%
D&A For EBITDA	1,361	1,370	1,492	1,301	1,142	996
EBIT	5,495	4,963	4,575	4,178	3,380	2,848
EBIT Margin	21.14%	19.82%	18.71%	17.96%	15.82%	16.64%
Effective Tax Rate	28.05%	28.55%	28.41%	34.95%	24.52%	27.74%

Updated Feb 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.