Income Statement Estic Corporation

Stocks

6161

JP3163150000

Industrial Machinery & Equipment

Delayed Japan Exchange 05:30:00 06/10/2026 am IST			5-day change	1st Jan Change
1,044.00 ^JPY	+0.10%		+0.19%	+4.09%

29/24/29	Estic Corporation Reports Earnings Results for the Half Year Ended September 30, 2024	CI
27/19/27	Tranche Update on Estic Corporation's Equity Buyback Plan announced on July 26, 2019.	CI

819f5.ZMjI99g2YPnEd2z7FY0a5AQHFl2q_NAKAwxZLT2rWss.N4mgvrcDKsz1GQ2DfbgiilsxXy_9nolhNFRhennOLqQ0iaqSoAY_yI9FJQ

Published financial data: ESTIC CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Revenues	575.4Cr	671.8Cr	712.7Cr	788.1Cr	803.3Cr
Total Revenues	575.4Cr	671.8Cr	712.7Cr	788.1Cr	803.3Cr
Cost of Goods Sold, Total	317.4Cr	355.1Cr	383.7Cr	421.8Cr	444.5Cr
Gross Profit	258Cr	316.7Cr	329Cr	366.3Cr	358.8Cr
Selling General & Admin Expenses, Total	110.2Cr	128.5Cr	141.6Cr	161Cr	159.3Cr
Provision for Bad Debts	-	-	-	-	-
R&D Expenses	36Cr	40Cr	38Cr	42Cr	42Cr
Other Operating Expenses, Total	145.9Cr	168.3Cr	180Cr	202.5Cr	201.3Cr
Operating Income	112.1Cr	148.4Cr	149Cr	163.8Cr	157.5Cr
Interest And Investment Income	20L	30L	40L	80L	2.2Cr
Net Interest Expenses	20L	30L	40L	80L	2.2Cr
Income (Loss) On Equity Invest.	2.7Cr	3.6Cr	5.6Cr	6.6Cr	3.8Cr
Currency Exchange Gains (Loss)	3.6Cr	20L	-10L	-	30L
Other Non Operating Income (Expenses)	1Cr	80L	10L	1Cr	2Cr
EBT, Excl. Unusual Items	119.6Cr	153.3Cr	155Cr	172.2Cr	165.8Cr
Gain (Loss) On Sale Of Assets	-	-20L	40L	-	-
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	119.6Cr	153.1Cr	155.4Cr	172.2Cr	165.8Cr
Income Tax Expense	36Cr	43Cr	40Cr	50Cr	48Cr
Earnings From Continuing Operations	83Cr	110.3Cr	115.2Cr	122.1Cr	118.3Cr
Net Income to Company	83Cr	110.3Cr	115.2Cr	122.1Cr	118.3Cr
Minority Interest	-1.3Cr	-2.4Cr	-1.9Cr	-4Cr	-2Cr
Net Income - (IS)	82Cr	107.9Cr	113.3Cr	118.1Cr	116.3Cr
Net Income to Common Incl Extra Items	82Cr	107.9Cr	113.3Cr	118.1Cr	116.3Cr
Net Income to Common Excl. Extra Items	82Cr	107.9Cr	113.3Cr	118.1Cr	116.3Cr
Per Share Items
Net EPS - Basic	82.64	108.63	113.95	118.65	116.72
Basic EPS - Continuing Operations	82.64	108.63	113.95	118.65	116.72
Basic Weighted Average Shares Outstanding	99.22L	99.32L	99.43L	99.54L	99.64L
Net EPS - Diluted	82.64	108.63	113.95	118.65	116.72
Diluted EPS - Continuing Operations	82.64	108.63	113.95	118.65	116.72
Diluted Weighted Average Shares Outstanding	99.22L	99.32L	99.43L	99.54L	99.64L
Normalized Basic EPS	74.03	94.05	95.52	104.1	101.99
Normalized Diluted EPS	74.03	94.05	95.52	104.1	101.99
Dividend Per Share	-	23	25	28	29
Payout Ratio	18.41	15.57	20.12	21	23.9
Supplemental Items
EBITDA	123.8Cr	160Cr	164Cr	182.4Cr	174.5Cr
EBITA	112.1Cr	148.4Cr	149Cr	163.8Cr	157.5Cr
EBIT	112.1Cr	148.4Cr	149Cr	163.8Cr	157.5Cr
Effective Tax Rate - (Ratio)	30.35	27.96	25.87	29.09	28.65
Normalized Net Income	73Cr	93Cr	95Cr	103.62Cr	101.62Cr
Non-Cash Pension Expense	4.14Cr	4.88Cr	5.1Cr	4.58Cr	4.61Cr
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	36Cr	40Cr	38Cr	42Cr	42Cr

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	203Cr	224.7Cr	157.3Cr	336Cr	273.3Cr
Total Cash And Short Term Investments	203Cr	224.7Cr	157.3Cr	336Cr	273.3Cr
Accounts Receivable, Total	175.5Cr	236.7Cr	250.8Cr	238.1Cr	283.9Cr
Other Receivables	10L	1.6Cr	16Cr	50L	5.9Cr
Total Receivables	175.6Cr	238.3Cr	267.3Cr	238.6Cr	289.8Cr
Inventory	181.7Cr	207.9Cr	259.6Cr	246.5Cr	255.6Cr
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	7.3Cr	13Cr	21Cr	21Cr	12Cr
Total Current Assets	567.6Cr	684.2Cr	705.4Cr	842.1Cr	830.6Cr
Net Property Plant And Equipment	197.8Cr	219.5Cr	268.5Cr	259.8Cr	343.5Cr
Long-term Investments	50Cr	51Cr	70Cr	76Cr	77Cr
Other Intangibles, Total	4.5Cr	4.1Cr	3.2Cr	2.6Cr	2.5Cr
Deferred Tax Assets Long-Term	18Cr	27Cr	26Cr	25Cr	22Cr
Other Long-Term Assets, Total	20L	10L	20L	10L	20L
Total Assets	837.5Cr	986.5Cr	1.07TCr	1.21TCr	1.28TCr
Liabilities
Accounts Payable, Total	19Cr	27Cr	29Cr	27Cr	25Cr
Accrued Expenses, Total	21Cr	28Cr	28Cr	31Cr	32Cr
Current Portion of Leases	30L	2.2Cr	2.9Cr	2Cr	2.7Cr
Current Income Taxes Payable	32Cr	52Cr	26Cr	47Cr	26Cr
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	6.2Cr	6.9Cr	15Cr	9.4Cr	9Cr
Total Current Liabilities	79Cr	116.5Cr	101.1Cr	116Cr	94Cr
Long-Term Leases	50L	5Cr	3.1Cr	1.4Cr	2.1Cr
Pension & Other Post Retirement Benefits	29Cr	32Cr	18Cr	22Cr	25Cr
Deferred Tax Liability Non Current	70L	-	30L	80L	60L
Other Non Current Liabilities	40L	20L	12Cr	8.4Cr	4Cr
Total Liabilities	109.6Cr	154Cr	134.8Cr	148.7Cr	125.9Cr
Common Stock, Total	56Cr	56Cr	56Cr	56Cr	56Cr
Additional Paid In Capital	64Cr	64Cr	65Cr	65Cr	65Cr
Retained Earnings	738.4Cr	829.5Cr	920Cr	1.01TCr	1.1TCr
Treasury Stock	-145.3Cr	-144.5Cr	-143.5Cr	-142.7Cr	-142Cr
Comprehensive Income and Other	7.9Cr	17Cr	28Cr	46Cr	47Cr
Total Common Equity	720.9Cr	822.2Cr	925.1Cr	1.04TCr	1.13TCr
Minority Interest	7Cr	10Cr	13Cr	19Cr	23Cr
Total Equity	727.9Cr	832.5Cr	938.2Cr	1.06TCr	1.15TCr
Total Liabilities And Equity	837.5Cr	986.5Cr	1.07TCr	1.21TCr	1.28TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	99.26L	99.36L	99.48L	99.58L	99.68L
ECS Total Common Shares Outstanding	-	99.36L	99.48L	99.58L	99.68L
Book Value / Share	726.28	827.49	929.96	1.04T	1.13T
Tangible Book Value	716.4Cr	818.1Cr	921.9Cr	1.04TCr	1.13TCr
Tangible Book Value Per Share	721.75	823.36	926.74	1.04T	1.13T
Total Debt	80L	7.2Cr	6Cr	3.4Cr	4.8Cr
Net Debt	-202.2Cr	-217.5Cr	-151.3Cr	-332.6Cr	-268.5Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	29Cr	32Cr	18Cr	22Cr	25Cr
Minority Interest, Total (Incl. Fin. Div)	7Cr	10Cr	13Cr	19Cr	23Cr
Equity Method Investments, Total	27Cr	29Cr	28Cr	32Cr	37Cr
Inventories - Raw Materials, Total	114.3Cr	139.1Cr	151.5Cr	143.1Cr	145Cr
Inventories - Work In Process, Total	20Cr	22Cr	64Cr	34Cr	37Cr
Inventories - Finished Goods, Total	48Cr	46Cr	44Cr	69Cr	74Cr
Inventories - Others	20L	10L	-	-	10L
Full Time Employees	203	207	215	230	228
Accumulated Allowance for Doubtful Accounts (Supple)	10L	10L	20L	20L	20L
Order Backlog	25Cr	29Cr	72Cr	68Cr	25Cr

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Net Income	119.7Cr	153.1Cr	155.5Cr	172.3Cr	165.9Cr
Depreciation & Amortization - CF	12Cr	12Cr	15Cr	19Cr	17Cr
Depreciation & Amortization, Total	12Cr	12Cr	15Cr	19Cr	17Cr
(Gain) Loss From Sale Of Asset	-	20L	-40L	-	-
(Income) Loss On Equity Investments - (CF)	-2.7Cr	-3.6Cr	-5.6Cr	-6.6Cr	-3.8Cr
Other Operating Activities, Total	-39Cr	-45Cr	-57Cr	-23Cr	-51Cr
Change In Accounts Receivable	5.1Cr	-54Cr	-10Cr	19Cr	-45Cr
Change In Inventories	17Cr	-25Cr	-51Cr	16Cr	-8.9Cr
Change In Accounts Payable	12Cr	19Cr	-4.4Cr	70L	-10Cr
Change in Other Net Operating Assets	1.5Cr	6.1Cr	-4.7Cr	9.1Cr	-4.5Cr
Cash from Operations	125.7Cr	62Cr	38Cr	205.9Cr	59Cr
Capital Expenditure	-30Cr	-25Cr	-70Cr	-7.2Cr	-96Cr
Sale of Property, Plant, and Equipment	-	40L	50L	-	-
Sale (Purchase) of Intangible assets	-1.2Cr	-1.1Cr	-70L	-90L	-40L
Investment in Marketable and Equity Securities, Total	-50L	-30L	-20L	-20L	-20L
Other Investing Activities, Total	-	-	-15Cr	-40L	2.7Cr
Cash from Investing	-32Cr	-26Cr	-84Cr	-8.7Cr	-94Cr
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-15Cr	-17Cr	-23Cr	-25Cr	-28Cr
Common & Preferred Stock Dividends Paid	-15Cr	-17Cr	-23Cr	-25Cr	-28Cr
Other Financing Activities, Total	-30L	-50L	-1.6Cr	-3.1Cr	-2.9Cr
Cash from Financing	-15Cr	-17Cr	-24Cr	-28Cr	-31Cr
Foreign Exchange Rate Adjustments	3.3Cr	2.9Cr	3.8Cr	9.5Cr	2.5Cr
Miscellaneous Cash Flow Adjustments	-10L	-10L	10L	-10L	-
Net Change in Cash	82Cr	22Cr	-67Cr	178.7Cr	-63Cr
Supplemental Items
Cash Income Tax Paid (Refund)	40Cr	45Cr	60Cr	32Cr	56Cr
Levered Free Cash Flow	80Cr	19Cr	-67Cr	170.68Cr	-55Cr
Unlevered Free Cash Flow	80Cr	19Cr	-67Cr	170.68Cr	-55Cr
Change In Net Working Capital	-29Cr	60Cr	104.7Cr	-58Cr	74Cr
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Profitability
Return on Assets	8.83	10.17	9.04	8.99	7.93
Return on Total Capital	10.14	11.83	10.44	10.21	8.89
Return On Equity %	12.07	14.14	13.01	12.24	10.72
Return on Common Equity	11.99	13.98	12.97	12.03	10.74
Margin Analysis
Gross Profit Margin %	44.84	47.14	46.16	46.48	44.67
SG&A Margin	19.15	19.13	19.87	20.43	19.83
EBITDA Margin %	21.52	23.82	23.01	23.14	21.72
EBITA Margin %	19.48	22.09	20.91	20.78	19.61
EBIT Margin %	19.48	22.09	20.91	20.78	19.61
Income From Continuing Operations Margin %	14.48	16.42	16.16	15.49	14.73
Net Income Margin %	14.25	16.06	15.9	14.99	14.48
Net Avail. For Common Margin %	14.25	16.06	15.9	14.99	14.48
Normalized Net Income Margin	12.76	13.9	13.33	13.15	12.65
Levered Free Cash Flow Margin	13.83	2.78	-9.37	21.66	-6.79
Unlevered Free Cash Flow Margin	13.83	2.78	-9.37	21.66	-6.79
Asset Turnover
Asset Turnover	0.73	0.74	0.69	0.69	0.65
Fixed Assets Turnover	3.06	3.22	2.92	2.98	2.66
Receivables Turnover (Average Receivables)	3.26	3.26	2.92	3.22	3.08
Inventory Turnover (Average Inventory)	1.67	1.82	1.64	1.67	1.77
Short Term Liquidity
Current Ratio	7.15	5.87	6.98	7.26	8.82
Quick Ratio	4.77	3.97	4.2	4.95	5.98
Operating Cash Flow to Current Liabilities	1.58	0.53	0.37	1.78	0.63
Days Sales Outstanding (Average Receivables)	111.83	111.98	125.18	113.21	118.59
Days Outstanding Inventory (Average Inventory)	218.15	200.23	222.97	218.97	206.15
Average Days Payable Outstanding	19.25	22.35	23.71	24.96	21
Cash Conversion Cycle (Average Days)	310.73	289.86	324.44	307.23	303.74
Long Term Solvency
Total Debt/Equity	0.11	0.86	0.64	0.32	0.42
Total Debt / Total Capital	0.11	0.86	0.64	0.32	0.42
LT Debt/Equity	0.07	0.6	0.33	0.13	0.18
Long-Term Debt / Total Capital	0.07	0.6	0.33	0.13	0.18
Total Liabilities / Total Assets	13.09	15.61	12.56	12.33	9.87
Total Debt / EBITDA	0.01	0.04	0.04	0.02	0.03
Net Debt / EBITDA	-1.63	-1.36	-0.92	-1.82	-1.54
Total Debt / (EBITDA - Capex)	0.01	0.05	0.06	0.02	0.06
Net Debt / (EBITDA - Capex)	-2.16	-1.61	-1.6	-1.9	-3.42
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.69	16.75	6.09	10.58	1.93
Gross Profit, 1 Yr. Growth %	10.63	22.75	3.88	11.34	-2.05
EBITDA, 1 Yr. Growth %	2.91	29.24	2.5	11.22	-4.33
EBITA, 1 Yr. Growth %	6.16	32.38	0.4	9.93	-3.85
EBIT, 1 Yr. Growth %	6.16	32.38	0.4	9.93	-3.85
Earnings From Cont. Operations, 1 Yr. Growth %	12.42	32.41	4.44	5.99	-3.11
Net Income, 1 Yr. Growth %	12.48	31.59	5	4.24	-1.52
Normalized Net Income, 1 Yr. Growth %	11.73	27.18	1.67	9.11	-1.93
Diluted EPS Before Extra, 1 Yr. Growth %	12.41	31.45	4.89	4.12	-1.62
Accounts Receivable, 1 Yr. Growth %	-0.9	34.87	5.96	-5.06	19.24
Inventory, 1 Yr. Growth %	-8.09	14.42	24.87	-5.05	3.69
Net Property, Plant and Equip., 1 Yr. Growth %	11.31	10.97	22.32	-3.24	32.22
Total Assets, 1 Yr. Growth %	11.8	17.79	8.77	12.36	5.85
Tangible Book Value, 1 Yr. Growth %	11.55	14.2	12.69	12.29	8.68
Common Equity, 1 Yr. Growth %	11.46	14.05	12.52	12.18	8.65
Cash From Operations, 1 Yr. Growth %	28.13	-50.68	-39.35	447.61	-71.25
Capital Expenditures, 1 Yr. Growth %	1.1T	-17	179.12	-89.64	1.23T
Levered Free Cash Flow, 1 Yr. Growth %	-1.16	-76.56	-458.04	-355.6	-131.97
Unlevered Free Cash Flow, 1 Yr. Growth %	-1.16	-76.56	-458.04	-355.6	-131.97
Dividend Per Share, 1 Yr. Growth %	-	-	8.7	12	3.57
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-7.83	12.65	11.29	8.31	6.17
Gross Profit, 2 Yr. CAGR %	-8.85	16.54	12.92	7.55	4.43
EBITDA, 2 Yr. CAGR %	-19.26	15.33	15.1	6.77	3.15
EBITA, 2 Yr. CAGR %	-20.46	18.55	15.29	5.06	2.81
EBIT, 2 Yr. CAGR %	-20.46	18.55	15.29	5.06	2.81
Earnings From Cont. Operations, 2 Yr. CAGR %	-16.99	22.01	17.6	5.21	1.34
Net Income, 2 Yr. CAGR %	-17.09	21.66	17.55	4.62	1.32
Normalized Net Income, 2 Yr. CAGR %	-17.49	19.21	13.71	5.32	3.44
Diluted EPS Before Extra, 2 Yr. CAGR %	-15.29	21.56	17.42	4.51	1.21
Accounts Receivable, 2 Yr. CAGR %	-8.82	15.61	19.54	0.3	6.39
Inventory, 2 Yr. CAGR %	-1.74	2.55	19.53	8.89	-0.77
Net Property, Plant and Equip., 2 Yr. CAGR %	2.76	11.14	16.51	8.79	13.11
Total Assets, 2 Yr. CAGR %	8.27	14.76	13.19	10.55	9.05
Tangible Book Value, 2 Yr. CAGR %	9.87	12.87	13.44	12.49	10.47
Common Equity, 2 Yr. CAGR %	9.82	12.75	13.28	12.35	10.4
Cash From Operations, 2 Yr. CAGR %	4.28	-20.5	-45.31	82.24	25.48
Capital Expenditures, 2 Yr. CAGR %	-27	215.59	52.21	-46.23	17.47
Levered Free Cash Flow, 2 Yr. CAGR %	15.78	-51.87	-8.39	202.51	-9.61
Unlevered Free Cash Flow, 2 Yr. CAGR %	15.78	-51.87	-8.39	202.51	-9.61
Dividend Per Share, 2 Yr. CAGR %	-	22.81	-	10.34	7.7
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-4.53	-0.27	10.42	11.05	6.14
Gross Profit, 3 Yr. CAGR %	-3.82	0.66	12.16	12.39	4.25
EBITDA, 3 Yr. CAGR %	-12.07	-5.55	10.88	13.79	2.93
EBITA, 3 Yr. CAGR %	-13.55	-5.74	12.16	13.48	2
EBIT, 3 Yr. CAGR %	-13.55	-5.74	12.16	13.48	2
Earnings From Cont. Operations, 3 Yr. CAGR %	-10.06	-3.01	15.85	13.59	2.36
Net Income, 3 Yr. CAGR %	-10.27	-3.29	15.83	12.93	2.53
Normalized Net Income, 3 Yr. CAGR %	-12.01	-4.69	13.05	12.16	2.85
Diluted EPS Before Extra, 3 Yr. CAGR %	-7.48	-1.93	15.73	12.81	2.42
Accounts Receivable, 3 Yr. CAGR %	-1.94	3.89	12.3	10.7	6.25
Inventory, 3 Yr. CAGR %	-4.3	3.37	9.5	10.7	7.13
Net Property, Plant and Equip., 3 Yr. CAGR %	11.21	5.43	14.75	9.51	16.1
Total Assets, 3 Yr. CAGR %	3.38	11.35	12.72	12.91	8.96
Tangible Book Value, 3 Yr. CAGR %	4.7	11.29	12.81	13.05	11.21
Common Equity, 3 Yr. CAGR %	4.78	11.22	12.67	12.91	11.1
Cash From Operations, 3 Yr. CAGR %	22.79	-18.75	-27.36	17.88	-1.53
Capital Expenditures, 3 Yr. CAGR %	6.98	-23.81	202.93	-37.86	56.75
Levered Free Cash Flow, 3 Yr. CAGR %	41.07	-32.01	-6.04	28.97	43.02
Unlevered Free Cash Flow, 3 Yr. CAGR %	41.07	-32.01	-6.04	28.97	43.02
Dividend Per Share, 3 Yr. CAGR %	-	-1.75	17.91	-	8.03
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.83	6.17	1.51	3.08	8.7
Gross Profit, 5 Yr. CAGR %	8.65	7.78	2.56	3.36	9
EBITDA, 5 Yr. CAGR %	4.34	3.77	-2.07	-0.8	7.72
EBITA, 5 Yr. CAGR %	4.14	3.43	-3	-1.56	8.32
EBIT, 5 Yr. CAGR %	4.14	3.43	-3	-1.56	8.32
Earnings From Cont. Operations, 5 Yr. CAGR %	7.03	4.91	0.12	0.2	9.81
Net Income, 5 Yr. CAGR %	6.52	4.69	-0.04	-0.2	9.79
Normalized Net Income, 5 Yr. CAGR %	4.63	3.74	-2.5	-0.81	9.1
Diluted EPS Before Extra, 5 Yr. CAGR %	8.49	6.61	1.77	0.6	9.69
Accounts Receivable, 5 Yr. CAGR %	1.49	5.87	6.15	2.44	9.9
Inventory, 5 Yr. CAGR %	12.53	9.12	4.6	5.55	5.27
Net Property, Plant and Equip., 5 Yr. CAGR %	7.97	10.57	13.3	6.76	14.09
Total Assets, 5 Yr. CAGR %	9.19	9.07	7.2	11.03	11.24
Tangible Book Value, 5 Yr. CAGR %	9.42	8.99	8.11	11.77	11.87
Common Equity, 5 Yr. CAGR %	9.42	8.99	8.1	11.67	11.76
Cash From Operations, 5 Yr. CAGR %	30.27	0.03	-11.15	12.24	-9.61
Capital Expenditures, 5 Yr. CAGR %	32.67	36.27	23.19	-33.72	107.38
Levered Free Cash Flow, 5 Yr. CAGR %	35.7	-17.08	18.7	23.52	-7.48
Unlevered Free Cash Flow, 5 Yr. CAGR %	35.7	-17.08	18.7	23.52	-7.48
Dividend Per Share, 5 Yr. CAGR %	-	7.2	3.06	2.92	13.72