Balance Sheet Daiichikosho Co., Ltd.

Equities

7458

JP3475200006

Entertainment Production

Market Closed - Japan Exchange Other stock markets 12:00:00 14/01/2025 pm IST			5-day change	1st Jan Change
1,761.00 ^JPY	+0.17%		-4.94%	-4.40%

11/11	Daiichikosho Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2025	CI
01/11	Tranche Update on Daiichikosho Co., Ltd.'s Equity Buyback Plan announced on May 13, 2024.	CI

46c4db765d08fb5dc38d05c5c9f66c5.npfLv3Udn9nR0Ert745-z6EGOw6lLoJDFmwnMjb79uk.zKT7xgMt2re4sgiEgvZPluNycX39S9cQJggfYGCam6Cz54OPNk3Vo6OXPQ

Published financial data: DAIICHIKOSHO CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	15TCr	9.33TCr	9.48TCr	13TCr	15TCr
Total Revenues	15TCr	9.33TCr	9.48TCr	13TCr	15TCr
Cost of Goods Sold, Total	9.24TCr	6.71TCr	6.6TCr	8.37TCr	9.41TCr
Gross Profit	5.39TCr	2.62TCr	2.88TCr	4.44TCr	5.26TCr
Selling General & Admin Expenses, Total	3.41TCr	2.81TCr	2.84TCr	3.07TCr	3.33TCr
Provision for Bad Debts	-	6.4Cr	-	-	-
Depreciation & Amortization - (IS)	79Cr	79Cr	74Cr	74Cr	66Cr
Other Operating Expenses, Total	3.49TCr	2.9TCr	2.91TCr	3.15TCr	3.4TCr
Operating Income	1.91TCr	-275.6Cr	-29Cr	1.3TCr	1.86TCr
Interest Expense, Total	-11Cr	-21Cr	-20Cr	-17Cr	-17Cr
Interest And Investment Income	3.1Cr	4.5Cr	22Cr	15Cr	17Cr
Net Interest Expenses	-8.3Cr	-16Cr	2Cr	-1.9Cr	-30L
Currency Exchange Gains (Loss)	-1.9Cr	-2.3Cr	-4.8Cr	-8.6Cr	-1Cr
Other Non Operating Income (Expenses)	117.5Cr	174.5Cr	120.3Cr	75Cr	97Cr
EBT, Excl. Unusual Items	2.01TCr	-119.6Cr	89Cr	1.36TCr	1.96TCr
Gain (Loss) On Sale Of Investments	-19Cr	-10L	-11Cr	-3.8Cr	29Cr
Gain (Loss) On Sale Of Assets	-15Cr	30Cr	2.4Cr	-2.3Cr	-7Cr
Asset Writedown	-125Cr	-1.26TCr	-186.2Cr	-313Cr	-109.1Cr
Other Unusual Items	-20L	-510.1Cr	875.2Cr	292.7Cr	0
EBT, Incl. Unusual Items	1.85TCr	-1.86TCr	769.3Cr	1.33TCr	1.87TCr
Income Tax Expense	591.5Cr	12Cr	247.1Cr	497.8Cr	608.6Cr
Earnings From Continuing Operations	1.26TCr	-1.87TCr	522.2Cr	835.8Cr	1.26TCr
Net Income to Company	1.26TCr	-1.87TCr	522.2Cr	835.8Cr	1.26TCr
Minority Interest	-7.2Cr	-6.2Cr	-2.6Cr	-3.8Cr	-3.9Cr
Net Income - (IS)	1.26TCr	-1.88TCr	519.6Cr	832Cr	1.26TCr
Net Income to Common Incl Extra Items	1.26TCr	-1.88TCr	519.6Cr	832Cr	1.26TCr
Net Income to Common Excl. Extra Items	1.26TCr	-1.88TCr	519.6Cr	832Cr	1.26TCr
Per Share Items
Net EPS - Basic	110.93	-169.27	47.6	76.2	117.01
Basic EPS - Continuing Operations	110.93	-169.27	47.6	76.2	117.01
Basic Weighted Average Shares Outstanding	11Cr	11Cr	11Cr	11Cr	11Cr
Net EPS - Diluted	110.78	-169.27	47.54	76.08	116.76
Diluted EPS - Continuing Operations	110.78	-169.27	47.54	76.08	116.76
Diluted Weighted Average Shares Outstanding	11Cr	11Cr	11Cr	11Cr	11Cr
Normalized Basic EPS	110.54	-7.3	4.84	77.5	113.46
Normalized Diluted EPS	110.38	-7.3	4.83	77.37	113.22
Dividend Per Share	56.5	56.5	56.5	56.5	57
Payout Ratio	50.24	-33.88	118.59	74.13	48.56
Supplemental Items
EBITDA	3.53TCr	1.29TCr	1.17TCr	2.39TCr	3.16TCr
EBITA	1.97TCr	-211Cr	-17Cr	1.31TCr	1.87TCr
EBIT	1.91TCr	-275.6Cr	-29Cr	1.3TCr	1.86TCr
EBITDAR	3.63TCr	1.4TCr	1.27TCr	2.5TCr	3.27TCr
Effective Tax Rate - (Ratio)	31.9	-0.62	32.12	37.33	32.56
Normalized Net Income	1.25TCr	-81Cr	53Cr	846.2Cr	1.22TCr
Non-Cash Pension Expense	42Cr	36Cr	36Cr	35Cr	33Cr
Supplemental Operating Expense Items
Advertising Expense	434.5Cr	179Cr	196Cr	263Cr	334.1Cr
Selling and Marketing Expenses	517.8Cr	244.7Cr	264.2Cr	334.8Cr	407.2Cr
General and Administrative Expenses	135.5Cr	129.6Cr	116.8Cr	111.4Cr	110.4Cr
Net Rental Expense, Total	105.7Cr	104Cr	107.4Cr	103.5Cr	104.4Cr
Imputed Operating Lease Interest Expense	5.43Cr	5.39Cr	3.49Cr	3.1Cr	2.62Cr
Imputed Operating Lease Depreciation	100.27Cr	99Cr	103.91Cr	100.4Cr	101.78Cr

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.8TCr	6.85TCr	6.82TCr	7.18TCr	4.97TCr
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	4.8TCr	6.85TCr	6.82TCr	7.18TCr	4.97TCr
Accounts Receivable, Total	463.6Cr	260.2Cr	366.9Cr	499.3Cr	556.3Cr
Total Receivables	463.6Cr	260.2Cr	366.9Cr	499.3Cr	556.3Cr
Inventory	777.7Cr	894.6Cr	759.6Cr	1.17TCr	1.12TCr
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	533.2Cr	672.4Cr	479.8Cr	488.9Cr	700.6Cr
Total Current Assets	6.57TCr	8.68TCr	8.43TCr	9.34TCr	7.35TCr
Net Property Plant And Equipment	7.79TCr	6.57TCr	6.3TCr	6.23TCr	9.92TCr
Long-term Investments	2.05TCr	2.04TCr	1.92TCr	2.06TCr	2.19TCr
Goodwill	290Cr	9.2Cr	100Cr	61Cr	566.8Cr
Other Intangibles, Total	729.9Cr	614Cr	586.2Cr	605.7Cr	561.7Cr
Loans Receivable Long-Term	74Cr	76Cr	51Cr	52Cr	39Cr
Deferred Tax Assets Long-Term	648.5Cr	691.2Cr	652Cr	511.7Cr	506.5Cr
Other Long-Term Assets, Total	30L	20L	-	20L	10L
Total Assets	18TCr	19TCr	18TCr	19TCr	21TCr
Liabilities
Accounts Payable, Total	492.9Cr	259.1Cr	261.4Cr	495.4Cr	433.2Cr
Accrued Expenses, Total	118.4Cr	116.8Cr	114.1Cr	115.1Cr	121.4Cr
Short-term Borrowings	278.6Cr	1.8TCr	609.8Cr	1.35TCr	1.29TCr
Current Portion of Long-Term Debt	-	-	-	-	-
Current Income Taxes Payable	1.01TCr	1.17TCr	843.8Cr	1.21TCr	1.44TCr
Other Current Liabilities	343.1Cr	321.8Cr	336.7Cr	359.2Cr	403.4Cr
Total Current Liabilities	2.24TCr	3.67TCr	2.17TCr	3.53TCr	3.69TCr
Long-Term Debt	1.1TCr	3.21TCr	4.17TCr	3.11TCr	5.15TCr
Pension & Other Post Retirement Benefits	821.3Cr	845.5Cr	883.9Cr	910.4Cr	865.2Cr
Deferred Tax Liability Non Current	2.9Cr	8.9Cr	7.7Cr	4.4Cr	3.5Cr
Other Non Current Liabilities	364.2Cr	342.5Cr	295Cr	513.8Cr	526.3Cr
Total Liabilities	4.54TCr	8.08TCr	7.52TCr	8.07TCr	10TCr
Common Stock, Total	1.24TCr	1.24TCr	1.24TCr	1.24TCr	1.24TCr
Additional Paid In Capital	400.3Cr	411.4Cr	411.4Cr	421.1Cr	421.1Cr
Retained Earnings	12TCr	9.88TCr	8.77TCr	8.99TCr	9.64TCr
Treasury Stock	-458.9Cr	-1.1TCr	-57Cr	-57Cr	-657.1Cr
Comprehensive Income and Other	-92Cr	36Cr	14Cr	87Cr	161.4Cr
Total Common Equity	13TCr	10TCr	10TCr	11TCr	11TCr
Minority Interest	147.5Cr	138.3Cr	139.7Cr	117.2Cr	103.5Cr
Total Equity	14TCr	11TCr	11TCr	11TCr	11TCr
Total Liabilities And Equity	18TCr	19TCr	18TCr	19TCr	21TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	11Cr	11Cr	11Cr	11Cr	11Cr
ECS Total Common Shares Outstanding	11Cr	11Cr	11Cr	11Cr	11Cr
Book Value / Share	1.2T	959.65	950.33	977.62	1.01T
Tangible Book Value	12TCr	9.84TCr	9.69TCr	10TCr	9.67TCr
Tangible Book Value Per Share	1.11T	902.5	887.52	916.59	904.68
Total Debt	1.38TCr	5.01TCr	4.78TCr	4.46TCr	6.44TCr
Net Debt	-3.42TCr	-1.84TCr	-2.04TCr	-2.72TCr	1.47TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	727Cr	755.6Cr	784.6Cr	799.1Cr	798.5Cr
Debt Equivalent Oper. Leases	845.6Cr	832Cr	859.2Cr	828Cr	835.2Cr
Minority Interest, Total (Incl. Fin. Div)	147.5Cr	138.3Cr	139.7Cr	117.2Cr	103.5Cr
Inventories - Raw Materials, Total	14Cr	25Cr	32Cr	37Cr	24Cr
Inventories - Work In Process, Total	14Cr	10Cr	14Cr	10Cr	5.7Cr
Inventories - Finished Goods, Total	749.6Cr	859.2Cr	714.3Cr	1.13TCr	1.09TCr
Inventories - Others	20L	10L	10L	-	10L
Full Time Employees	3.49T	3.44T	3.37T	3.34T	3.41T
Accumulated Allowance for Doubtful Accounts (Supple)	12Cr	94Cr	46Cr	37Cr	33Cr

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	1.85TCr	-1.86TCr	769.5Cr	1.33TCr	1.87TCr
Depreciation & Amortization - CF	1.56TCr	1.51TCr	1.18TCr	1.09TCr	1.29TCr
Amortization of Goodwill and Intangible Assets - (CF)	61Cr	65Cr	12Cr	11Cr	7.4Cr
Depreciation & Amortization, Total	1.62TCr	1.57TCr	1.2TCr	1.1TCr	1.3TCr
(Gain) Loss From Sale Of Asset	140.1Cr	1.23TCr	183.9Cr	315.2Cr	116.1Cr
(Gain) Loss on Sale of Investments - (CF)	19Cr	10L	11Cr	15Cr	-29Cr
Other Operating Activities, Total	-983.1Cr	106.1Cr	1.47TCr	31Cr	-468.8Cr
Change In Accounts Receivable	43Cr	149.8Cr	-55Cr	-123.3Cr	-71Cr
Change In Inventories	-231.6Cr	-107.2Cr	135.5Cr	-413.7Cr	40Cr
Change In Accounts Payable	65Cr	-20Cr	-357Cr	464.8Cr	3.8Cr
Change in Other Net Operating Assets	287.7Cr	-293.4Cr	-1.54TCr	-233.1Cr	-81Cr
Cash from Operations	2.82TCr	775.5Cr	1.82TCr	2.49TCr	2.68TCr
Capital Expenditure	-1.43TCr	-579.7Cr	-626.1Cr	-746.2Cr	-4.57TCr
Sale of Property, Plant, and Equipment	6.6Cr	104.7Cr	65Cr	33Cr	17Cr
Cash Acquisitions	-3.3Cr	2.8Cr	-25Cr	14Cr	-482.1Cr
Divestitures	-	-	-	-	9.8Cr
Sale (Purchase) of Intangible assets	-422.4Cr	-313.9Cr	-298.5Cr	-319.9Cr	-317.2Cr
Investment in Marketable and Equity Securities, Total	17Cr	-47Cr	69Cr	-30Cr	-55Cr
Net (Increase) Decrease in Loans Originated / Sold - Investing	-7.7Cr	-16Cr	30Cr	6.3Cr	14Cr
Other Investing Activities, Total	-298.7Cr	-105.2Cr	-144Cr	-168.2Cr	-206.1Cr
Cash from Investing	-2.14TCr	-953.9Cr	-929.7Cr	-1.21TCr	-5.59TCr
Short Term Debt Issued, Total	-	484.2Cr	-	-	-
Long-Term Debt Issued, Total	17Cr	3.18TCr	1.12TCr	13Cr	3.07TCr
Total Debt Issued	17Cr	3.67TCr	1.12TCr	13Cr	3.07TCr
Short Term Debt Repaid, Total	-3.8Cr	-	-185.5Cr	-223.5Cr	-65Cr
Long-Term Debt Repaid, Total	-795.5Cr	-176Cr	-1.17TCr	-105.2Cr	-1.08TCr
Total Debt Repaid	-799.3Cr	-176Cr	-1.36TCr	-328.7Cr	-1.15TCr
Repurchase of Common Stock	-171.9Cr	-636.8Cr	-	-	-600Cr
Common & Preferred Stock Dividends Paid	-630.8Cr	-636.3Cr	-616.2Cr	-616.8Cr	-610.3Cr
Common & Preferred Stock Dividends Paid	-630.8Cr	-636.3Cr	-616.2Cr	-616.8Cr	-610.3Cr
Other Financing Activities, Total	-2.2Cr	-2.7Cr	-1.3Cr	-17Cr	-13Cr
Cash from Financing	-1.59TCr	2.22TCr	-848.7Cr	-949.3Cr	692.6Cr
Foreign Exchange Rate Adjustments	-6Cr	5.6Cr	6.4Cr	2.6Cr	7.1Cr
Miscellaneous Cash Flow Adjustments	-	10L	-	-	20L
Net Change in Cash	-920.7Cr	2.04TCr	44Cr	329.8Cr	-2.21TCr
Supplemental Items
Cash Interest Paid	12Cr	20Cr	20Cr	17Cr	14Cr
Cash Income Tax Paid (Refund)	983.5Cr	200.7Cr	102.8Cr	279Cr	472.2Cr
Levered Free Cash Flow	533.46Cr	345.71Cr	146.06Cr	896.58Cr	-2.43TCr
Unlevered Free Cash Flow	540.59Cr	358.65Cr	158.5Cr	907.39Cr	-2.42TCr
Change In Net Working Capital	414.5Cr	145.8Cr	95Cr	-66Cr	-8.4Cr
Net Debt Issued / Repaid	-782.3Cr	3.49TCr	-231.2Cr	-315.7Cr	1.92TCr

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	6.43	-0.94	-0.1	4.39	5.81
Return on Total Capital	7.83	-1.13	-0.12	5.3	7.13
Return On Equity %	9.39	-15.46	4.95	7.85	11.62
Return on Common Equity	9.44	-15.69	4.99	7.9	11.71
Margin Analysis
Gross Profit Margin %	36.87	28.12	30.42	34.68	35.85
SG&A Margin	23.3	30.16	29.94	23.99	22.72
EBITDA Margin %	24.11	13.87	12.31	18.67	21.54
EBITA Margin %	13.44	-2.26	-0.18	10.19	12.73
EBIT Margin %	13.03	-2.95	-0.3	10.11	12.68
Income From Continuing Operations Margin %	8.63	-20.06	5.51	6.52	8.59
Net Income Margin %	8.58	-20.13	5.48	6.49	8.56
Net Avail. For Common Margin %	8.58	-20.13	5.48	6.49	8.56
Normalized Net Income Margin	8.55	-0.87	0.56	6.6	8.3
Levered Free Cash Flow Margin	3.65	3.7	1.54	7	-16.55
Unlevered Free Cash Flow Margin	3.7	3.84	1.67	7.08	-16.48
Asset Turnover
Asset Turnover	0.79	0.51	0.52	0.69	0.73
Fixed Assets Turnover	1.91	1.3	1.47	2.05	1.82
Receivables Turnover (Average Receivables)	30.14	25.79	30.23	29.59	27.8
Inventory Turnover (Average Inventory)	13.95	8.02	7.97	8.66	8.2
Short Term Liquidity
Current Ratio	2.93	2.36	3.89	2.65	1.99
Quick Ratio	2.35	1.94	3.32	2.18	1.5
Operating Cash Flow to Current Liabilities	1.26	0.21	0.84	0.7	0.73
Days Sales Outstanding (Average Receivables)	12.14	14.16	12.07	12.33	13.16
Days Outstanding Inventory (Average Inventory)	26.23	45.5	45.78	42.14	44.61
Average Days Payable Outstanding	16.23	20.11	14.7	15.72	18.15
Cash Conversion Cycle (Average Days)	22.15	39.55	43.14	38.76	39.63
Long Term Solvency
Total Debt/Equity	10.15	47.23	45.46	41.37	59.1
Total Debt / Total Capital	9.22	32.08	31.25	29.26	37.15
LT Debt/Equity	8.11	30.26	39.66	28.85	47.28
Long-Term Debt / Total Capital	7.36	20.55	27.26	20.41	29.72
Total Liabilities / Total Assets	24.98	43.24	41.7	42.79	48.44
EBIT / Interest Expense	167.18	-13.31	-1.45	74.88	108.79
EBITDA / Interest Expense	309.38	62.55	58.64	138.32	184.88
(EBITDA - Capex) / Interest Expense	183.53	34.54	27.18	95.19	-82.53
Total Debt / EBITDA	0.39	3.87	4.1	1.87	2.04
Net Debt / EBITDA	-0.97	-1.42	-1.75	-1.14	0.47
Total Debt / (EBITDA - Capex)	0.66	7	8.84	2.71	-4.56
Net Debt / (EBITDA - Capex)	-1.63	-2.58	-3.77	-1.65	-1.04
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	1.71	-36.21	1.58	35.2	14.51
Gross Profit, 1 Yr. Growth %	-0.63	-51.34	9.88	54.12	18.37
EBITDA, 1 Yr. Growth %	-0.48	-63.29	-9.86	105.06	32.11
EBITA, 1 Yr. Growth %	-3.28	-110.73	-91.94	-7.78T	42.98
EBIT, 1 Yr. Growth %	-3.12	-114.46	-89.55	-4.6T	43.6
Earnings From Cont. Operations, 1 Yr. Growth %	-19.42	-248.25	-127.9	60.05	50.84
Net Income, 1 Yr. Growth %	-19.52	-249.6	-127.66	60.12	51.06
Normalized Net Income, 1 Yr. Growth %	-3.62	-106.47	-165.27	1.5T	44.02
Diluted EPS Before Extra, 1 Yr. Growth %	-19.16	-252.8	-128.08	60.05	53.47
Accounts Receivable, 1 Yr. Growth %	-8.6	-43.87	41.01	36.09	11.42
Inventory, 1 Yr. Growth %	42.33	15.03	-15.09	54.49	-4.42
Net Property, Plant and Equip., 1 Yr. Growth %