Income Statement Hammock Inc.

Stocks

173A

JP3777550009

Software

Market Closed - Japan Exchange 12:00:00 31/08/2026 pm IST			5-day change	1st Jan Change
1,567.00 ^JPY	+0.64%		-0.13%	+2.28%

13/02	Hammock Inc. Reports Earnings Results for the Nine Months Ended December 31, 2025	CI
07/24/07	Certain Common Stock of Hammock Inc. are subject to a Lock-Up Agreement Ending on 7-OCT-2024.	CI

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Published financial data: HAMMOCK INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Revenues	364.71Cr	399.38Cr	428.2Cr	470.7Cr	488.9Cr
Total Revenues	364.71Cr	399.38Cr	428.2Cr	470.7Cr	488.9Cr
Cost of Goods Sold, Total	197.76Cr	221.43Cr	228.4Cr	264.5Cr	277.4Cr
Gross Profit	166.95Cr	177.95Cr	199.8Cr	206.2Cr	211.5Cr
Selling General & Admin Expenses, Total	128.37Cr	127.14Cr	126.1Cr	120.6Cr	121.7Cr
R&D Expenses	-	-	5.3Cr	5.3Cr	4.9Cr
Depreciation & Amortization - (IS)	-	-	1.4Cr	1.2Cr	1.5Cr
Other Operating Expenses, Total	128.37Cr	127.14Cr	132.8Cr	127.1Cr	128.1Cr
Operating Income	39Cr	51Cr	67Cr	79Cr	83Cr
Interest Expense, Total	-12.87L	-10L	-	-	-
Interest And Investment Income	1.88Cr	2.88Cr	3.9Cr	3.5Cr	1.9Cr
Net Interest Expenses	1.75Cr	2.78Cr	3.9Cr	3.5Cr	1.9Cr
Currency Exchange Gains (Loss)	19.48L	-3.27Cr	7.3Cr	20L	1.3Cr
Other Non Operating Income (Expenses)	95Cr	10Cr	-40L	10L	10L
EBT, Excl. Unusual Items	135.29Cr	60Cr	78Cr	83Cr	87Cr
Gain (Loss) On Sale Of Investments	7L	1.01Cr	13Cr	5.8Cr	18Cr
Gain (Loss) On Sale Of Assets	8L	-	-	-	-
EBT, Incl. Unusual Items	135.44Cr	61Cr	91Cr	89Cr	104.5Cr
Income Tax Expense	42Cr	20Cr	26Cr	27Cr	36Cr
Earnings From Continuing Operations	93Cr	42Cr	65Cr	62Cr	68Cr
Net Income to Company	93Cr	42Cr	65Cr	62Cr	68Cr
Net Income - (IS)	93Cr	42Cr	65Cr	62Cr	68Cr
Net Income to Common Incl Extra Items	93Cr	42Cr	65Cr	62Cr	68Cr
Net Income to Common Excl. Extra Items	93Cr	42Cr	65Cr	62Cr	68Cr
Per Share Items
Net EPS - Basic	247.69	100.91	155.92	146.98	162.8
Basic EPS - Continuing Operations	247.69	100.91	155.92	146.98	162.8
Basic Weighted Average Shares Outstanding	37.61L	41.34L	41.56L	42.05L	42.08L
Net EPS - Diluted	247.69	100.91	155.92	144.72	160.44
Diluted EPS - Continuing Operations	247.69	100.91	155.92	144.72	160.44
Diluted Weighted Average Shares Outstanding	37.61L	41.34L	41.56L	42.7L	42.7L
Normalized Basic EPS	224.82	91.4	117	123.23	128.78
Normalized Diluted EPS	224.82	91.4	117	121.33	126.92
Dividend Per Share	35	18	-	-	-
Payout Ratio	0.51	34.65	11.42	20.06	18.1
Supplemental Items
EBITDA	42Cr	54Cr	92Cr	126Cr	147.6Cr
EBITA	39Cr	51Cr	67Cr	79Cr	83Cr
EBIT	39Cr	51Cr	67Cr	79Cr	83Cr
Effective Tax Rate - (Ratio)	31.22	32.13	28.87	30.33	34.45
Total Deferred Taxes	-9.62Cr	5.37Cr	-	-	-
Normalized Net Income	85Cr	38Cr	49Cr	52Cr	54Cr
Non-Cash Pension Expense	-	-	5.7Cr	5.8Cr	6.2Cr
Supplemental Operating Expense Items
Advertising Expense	15Cr	15Cr	13Cr	15Cr	14Cr
Selling and Marketing Expenses	15Cr	15Cr	13Cr	15Cr	14Cr
Research And Development Expense From Footnotes	4.17Cr	5.52Cr	5.3Cr	5.3Cr	4.9Cr

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	314.1Cr	203.49Cr	264Cr	316.5Cr	474Cr
Short Term Investments	4.87Cr	10Cr	21Cr	6.7Cr	-
Total Cash And Short Term Investments	318.97Cr	213.89Cr	285Cr	323.2Cr	474Cr
Accounts Receivable, Total	28Cr	29Cr	36Cr	43Cr	39Cr
Other Receivables	-	14Cr	-	-	-
Total Receivables	28Cr	43Cr	36Cr	43Cr	39Cr
Inventory	23.75L	5L	-	10L	10L
Prepaid Expenses	7.24Cr	17Cr	17Cr	20Cr	19Cr
Other Current Assets, Total	4.32Cr	3.71Cr	4.8Cr	2Cr	2.2Cr
Total Current Assets	358.29Cr	277.33Cr	342Cr	388.5Cr	534.5Cr
Gross Property Plant And Equipment	21Cr	22Cr	-	-	-
Accumulated Depreciation	-10Cr	-13Cr	-	-	-
Net Property Plant And Equipment	10Cr	9.02Cr	8.1Cr	7.7Cr	7.7Cr
Long-term Investments	41Cr	79Cr	79Cr	73Cr	6Cr
Other Intangibles, Total	35Cr	71Cr	107Cr	119Cr	123.7Cr
Deferred Tax Assets Long-Term	19Cr	14Cr	20Cr	25Cr	39Cr
Other Long-Term Assets, Total	12Cr	7.92Cr	20L	20L	20L
Total Assets	474.37Cr	458.33Cr	557Cr	613.6Cr	711.5Cr
Liabilities
Accounts Payable, Total	13Cr	13Cr	13Cr	19Cr	14Cr
Accrued Expenses, Total	18Cr	3.01Cr	17Cr	16Cr	12Cr
Current Portion of Leases	-	10L	-	-	-
Current Income Taxes Payable	52Cr	-	55Cr	34Cr	52Cr
Unearned Revenue Current, Total	138.2Cr	148.91Cr	-	-	-
Other Current Liabilities	22Cr	31Cr	149.3Cr	156.2Cr	177.5Cr
Total Current Liabilities	242.64Cr	195.79Cr	234.4Cr	225.9Cr	255.5Cr
Long-Term Leases	-	35.93L	20L	10L	-
Unearned Revenue Non Current	75Cr	75Cr	-	-	-
Pension & Other Post Retirement Benefits	29Cr	31Cr	36Cr	31Cr	34Cr
Other Non Current Liabilities	5.52Cr	5.59Cr	70Cr	84Cr	100.9Cr
Total Liabilities	352.11Cr	307.75Cr	341Cr	341.1Cr	390.3Cr
Common Stock, Total	3.65Cr	3.65Cr	3.6Cr	8.3Cr	8.3Cr
Additional Paid In Capital	6.01Cr	7.71Cr	7.7Cr	12Cr	12Cr
Retained Earnings	110.53Cr	137.79Cr	195.1Cr	244.5Cr	300.4Cr
Treasury Stock	-9L	-8L	-	-	-
Comprehensive Income and Other	2.17Cr	1.51Cr	9.6Cr	7.3Cr	-
Total Common Equity	122.27Cr	150.58Cr	216Cr	272.5Cr	321.2Cr
Total Equity	122.27Cr	150.58Cr	216Cr	272.5Cr	321.2Cr
Total Liabilities And Equity	474.37Cr	458.33Cr	557Cr	613.6Cr	711.5Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	37.61L	41.56L	41.56L	37.44L	42.12L
ECS Total Common Shares Outstanding	37.61L	41.56L	41.56L	37.44L	42.12L
Book Value / Share	325.09	362.32	519.74	727.81	762.5
Tangible Book Value	88Cr	79Cr	109Cr	153.5Cr	197.5Cr
Tangible Book Value Per Share	232.7	190.95	262.28	409.98	468.85
Total Debt	0	45.51L	20L	10L	0
Net Debt	-318.97Cr	-213.44Cr	-284.8Cr	-323.1Cr	-474Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	30Cr	31Cr	34Cr
Account Code - Inventory Valuation	-	3	-	-	-
Inventories - Finished Goods, Total	23.75L	5L	-	10L	10L
Buildings, Total	8.78Cr	8.79Cr	-	-	-
Machinery, Total	12Cr	13Cr	-	-	-
Full Time Employees	-	-	222	220	218
Order Backlog	-	-	417Cr	470.4Cr	531.2Cr

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Net Income	93Cr	42Cr	91Cr	89Cr	104.5Cr
Depreciation & Amortization - CF	3.82Cr	2.75Cr	25Cr	47Cr	64Cr
Depreciation & Amortization, Total	3.82Cr	2.75Cr	25Cr	47Cr	64Cr
Amortization of Deferred Charges, Total - (CF)	-	4.72Cr	-	-	-
(Gain) Loss From Sale Of Asset	-8L	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-20.53L	-1.08Cr	-13Cr	-5.8Cr	-18Cr
Other Operating Activities, Total	-51Cr	-71Cr	5.1Cr	-48Cr	-26Cr
Change In Accounts Receivable	6.34Cr	-1.3Cr	-6.7Cr	-7.7Cr	4.2Cr
Change In Inventories	7L	18.7L	-	-	-
Change In Accounts Payable	-8.75Cr	6.79Cr	-2.8Cr	2Cr	-7.2Cr
Change in Unearned Revenues	25Cr	11Cr	-	-	-
Change in Other Net Operating Assets	38Cr	-19Cr	7.9Cr	16Cr	40Cr
Cash from Operations	106.41Cr	-25Cr	106.4Cr	92Cr	161.9Cr
Capital Expenditure	-4.03Cr	-1.24Cr	-1.7Cr	-1.6Cr	-2.8Cr
Sale of Property, Plant, and Equipment	34.15L	-	-	-	-
Sale (Purchase) of Intangible assets	-31Cr	-41Cr	-57Cr	-56Cr	-67Cr
Investment in Marketable and Equity Securities, Total	1.46Cr	-44Cr	19Cr	22Cr	76Cr
Other Investing Activities, Total	108.66Cr	13Cr	-40L	-70L	-60L
Cash from Investing	75Cr	-73Cr	-40Cr	-37Cr	5.8Cr
Issuance of Common Stock	7.87Cr	1.72Cr	-	9.3Cr	-
Common Dividends Paid	-47.11L	-14Cr	-7.4Cr	-12Cr	-12Cr
Common & Preferred Stock Dividends Paid	-47.11L	-14Cr	-7.4Cr	-12Cr	-12Cr
Other Financing Activities, Total	1T	1T	-20L	-60L	10L
Cash from Financing	7.4Cr	-13Cr	-7.6Cr	-3.7Cr	-12Cr
Foreign Exchange Rate Adjustments	18.81L	50.84L	2.1Cr	60L	2Cr
Miscellaneous Cash Flow Adjustments	1T	-1T	-	-10L	-
Net Change in Cash	189.07Cr	-110.61Cr	60Cr	52Cr	157.4Cr
Supplemental Items
Cash Interest Paid	9L	10L	-	-	-
Cash Income Tax Paid (Refund)	-74.94L	80Cr	-5Cr	48Cr	26Cr
Levered Free Cash Flow	-	-74Cr	53Cr	22Cr	81Cr
Unlevered Free Cash Flow	-	-74Cr	53Cr	22Cr	81Cr
Change In Net Working Capital	-	71Cr	-45Cr	17Cr	-34Cr

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Profitability
Return on Assets	-	6.81	8.25	8.45	7.87
Return on Total Capital	-	23.24	22.81	20.23	17.56
Return On Equity %	-	30.58	35.35	25.3	23.08
Return on Common Equity	-	30.58	35.35	25.3	23.08
Margin Analysis
Gross Profit Margin %	45.78	44.56	46.66	43.81	43.26
SG&A Margin	35.2	31.84	29.45	25.62	24.89
EBITDA Margin %	11.63	13.41	21.49	26.77	30.19
EBITA Margin %	10.58	12.72	15.65	16.8	17.06
EBIT Margin %	10.58	12.72	15.65	16.8	17.06
Income From Continuing Operations Margin %	25.54	10.44	15.13	13.13	14.01
Net Income Margin %	25.54	10.44	15.13	13.13	14.01
Net Avail. For Common Margin %	25.54	10.44	15.13	13.13	14.01
Normalized Net Income Margin	23.18	9.46	11.36	11.01	11.08
Levered Free Cash Flow Margin	-	-18.52	12.41	4.66	16.59
Unlevered Free Cash Flow Margin	-	-18.5	12.41	4.66	16.59
Asset Turnover
Asset Turnover	-	0.86	0.84	0.8	0.74
Fixed Assets Turnover	-	41.17	50.03	59.58	63.49
Receivables Turnover (Average Receivables)	-	14.17	13.31	11.96	11.9
Inventory Turnover (Average Inventory)	-	1.54T	-	-	2.77T
Short Term Liquidity
Current Ratio	1.48	1.42	1.46	1.72	2.09
Quick Ratio	1.43	1.31	1.37	1.62	2.01
Operating Cash Flow to Current Liabilities	0.44	-0.13	0.45	0.41	0.63
Days Sales Outstanding (Average Receivables)	-	25.75	27.49	30.51	30.68
Days Outstanding Inventory (Average Inventory)	-	0.24	-	-	0.13
Average Days Payable Outstanding	-	21.32	-	-	21.78
Cash Conversion Cycle (Average Days)	-	4.67	-	-	9.04
Long Term Solvency
Total Debt/Equity	-	0.3	0.09	0.04	-
Total Debt / Total Capital	-	0.3	0.09	0.04	-
LT Debt/Equity	-	0.24	0.09	0.04	-
Long-Term Debt / Total Capital	-	0.24	0.09	0.04	-
Total Liabilities / Total Assets	74.23	67.15	61.22	55.59	54.86
EBIT / Interest Expense	299.75	534.79	-	-	-
EBITDA / Interest Expense	329.43	563.72	-	-	-
(EBITDA - Capex) / Interest Expense	298.15	550.72	-	-	-
Total Debt / EBITDA	-	0.01	0	0	-
Net Debt / EBITDA	-7.52	-3.99	-3.1	-2.56	-3.21
Total Debt / (EBITDA - Capex)	-	0.01	0	0	-
Net Debt / (EBITDA - Capex)	-8.31	-4.08	-3.15	-2.6	-3.27
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	9.51	7.22	9.93	3.87
Gross Profit, 1 Yr. Growth %	-	6.59	12.28	3.2	2.57
EBITDA, 1 Yr. Growth %	-	26.31	71.79	36.96	17.14
EBITA, 1 Yr. Growth %	-	31.7	31.88	18.06	5.44
EBIT, 1 Yr. Growth %	-	31.7	31.88	18.06	5.44
Earnings From Cont. Operations, 1 Yr. Growth %	-	-55.22	55.34	-4.63	10.84
Net Income, 1 Yr. Growth %	-	-55.22	55.34	-4.63	10.84
Normalized Net Income, 1 Yr. Growth %	-	-55.32	28.71	6.56	4.58
Diluted EPS Before Extra, 1 Yr. Growth %	-	-59.26	54.51	-7.18	10.86
Accounts Receivable, 1 Yr. Growth %	-	4.73	23.15	21.69	-9.72
Inventory, 1 Yr. Growth %	-	-78.74	-	-	0
Net Property, Plant and Equip., 1 Yr. Growth %	-	-13.15	-10.18	-4.94	0
Total Assets, 1 Yr. Growth %	-	-3.38	21.53	10.16	15.96
Tangible Book Value, 1 Yr. Growth %	-	-9.32	37.35	40.83	28.66
Common Equity, 1 Yr. Growth %	-	23.16	43.44	26.16	17.87
Cash From Operations, 1 Yr. Growth %	-	-123.72	-521.52	-13.25	75.41
Capital Expenditures, 1 Yr. Growth %	-	-69.32	37.65	-5.88	75
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-171.86	-58.71	269.8
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-171.91	-58.71	269.8
Dividend Per Share, 1 Yr. Growth %	-	-48.57	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	8.36	8.56	6.85
Gross Profit, 2 Yr. CAGR %	-	-	9.38	7.65	2.89
EBITDA, 2 Yr. CAGR %	-	-	-	53.39	26.66
EBITA, 2 Yr. CAGR %	-	-	31.58	24.78	11.57
EBIT, 2 Yr. CAGR %	-	-	31.58	24.78	11.57
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-16.57	21.72	2.82
Net Income, 2 Yr. CAGR %	-	-	-16.57	21.72	2.82
Normalized Net Income, 2 Yr. CAGR %	-	-	38.09	17.11	5.56
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-20.64	19.75	1.44
Accounts Receivable, 2 Yr. CAGR %	-	-	13.83	22.42	4.81
Inventory, 2 Yr. CAGR %	-	-	-	40.72	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-11.32	-7.59	-2.5
Total Assets, 2 Yr. CAGR %	-	-	8.37	15.71	13.02
Tangible Book Value, 2 Yr. CAGR %	-	-	11.68	39.08	34.61
Common Equity, 2 Yr. CAGR %	-	-	33.01	34.52	21.94
Cash From Operations, 2 Yr. CAGR %	-	-	-	91.22	23.35
Capital Expenditures, 2 Yr. CAGR %	-	-	-	13.82	28.34
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-45.53	23.57
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-45.51	23.57
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	8.88	6.97
Gross Profit, 3 Yr. CAGR %	-	-	-	7.28	5.93
EBITDA, 3 Yr. CAGR %	-	-	-	-	40.21
EBITA, 3 Yr. CAGR %	-	-	-	26.91	17.96
EBIT, 3 Yr. CAGR %	-	-	-	26.91	17.96
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-12.77	17.98
Net Income, 3 Yr. CAGR %	-	-	-	-12.77	17.98
Normalized Net Income, 3 Yr. CAGR %	-	-	-	26.66	12.77
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-16.38	16.71
Accounts Receivable, 3 Yr. CAGR %	-	-	-	16.39	10.6
Inventory, 3 Yr. CAGR %	-	-	-	-20.63	25.57
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-9.24	-5.13
Total Assets, 3 Yr. CAGR %	-	-	-	8.96	15.79
Tangible Book Value, 3 Yr. CAGR %	-	-	-	20.65	35.51
Common Equity, 3 Yr. CAGR %	-	-	-	30.68	28.73
Cash From Operations, 3 Yr. CAGR %	-	-	-	-	85.8
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	31.37
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	3.14
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	3.17