SHIMIZU CORPORATION FY2024 Q1 Earnings Report | IR Tracker

SHIMIZU CORPORATION FY2024 Q1 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥441.36B
Operating Income: ¥5.94B
Net Income: ¥18.89B
EPS: ¥25.28

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥441.36B	¥384.71B	+14.7%
Cost of Sales	¥410.74B	¥357.11B	+15.0%
Gross Profit	¥30.62B	¥27.61B	+10.9%
SG&A Expenses	¥24.68B	¥24.30B	+1.6%
Operating Income	¥5.94B	¥3.31B	+79.4%
Non-operating Income	¥6.74B	¥5.03B	+34.1%
Non-operating Expenses	¥1.81B	¥1.47B	+23.6%
Ordinary Income	¥10.87B	¥6.87B	+58.2%
Profit Before Tax	¥29.35B	¥6.99B	+319.9%
Income Tax Expense	¥10.46B	¥3.43B	+204.5%
Net Income	¥18.89B	¥3.56B	+431.3%
Net Income Attributable to Owners	¥18.67B	¥3.65B	+410.9%
Total Comprehensive Income	¥33.88B	¥3.46B	+877.9%
Interest Expense	¥1.29B	¥818M	+57.2%
Basic EPS	¥25.28	¥4.95	+410.7%
Dividend Per Share	¥10.50	¥10.50	+0.0%

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥1.31T	¥1.45T	¥-142.87B
Cash and Deposits	¥279.07B	¥372.78B	¥-93.71B
Non-current Assets	¥1.01T	¥994.11B	+¥19.45B
Property, Plant & Equipment	¥639.26B	¥635.25B	+¥4.02B
Intangible Assets	¥22.53B	¥21.46B	+¥1.06B

Profitability Ratios

Item	Value
Net Profit Margin	4.2%
Gross Profit Margin	6.9%
Current Ratio	138.3%
Quick Ratio	138.3%
Debt-to-Equity Ratio	1.50x
Interest Coverage Ratio	4.62x
Effective Tax Rate	35.6%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+14.7%
Operating Income YoY Change	+79.4%
Ordinary Income YoY Change	+58.2%
Profit Before Tax YoY Change	+319.9%
Net Income YoY Change	+431.3%
Net Income Attributable to Owners YoY Change	+410.8%
Total Comprehensive Income YoY Change	+877.9%

Item	Value
Shares Outstanding (incl. Treasury)	743.68M shares
Treasury Stock	7.32M shares
Average Shares Outstanding	738.79M shares
Book Value Per Share	¥1,262.86

Dividend Information

Item	Amount
Q2 Dividend	¥10.50
Year-End Dividend	¥10.50

Full Year Forecast

Item	Forecast
Net Sales Forecast	¥1.95T
Operating Income Forecast	¥57.50B
Ordinary Income Forecast	¥54.00B
Net Income Attributable to Owners Forecast	¥50.00B
Basic EPS Forecast	¥67.85
Dividend Per Share Forecast	¥13.50