Income Statement Kokusai Electric Corporation

Equities

6525

JP3293330001

Semiconductor Equipment & Testing

Market Closed - Japan Exchange Other stock markets 02:30:00 2026-05-11 am EDT			5-day change	1st Jan Change
7,054.00 ^JPY	-4.13%		+8.52%	+28.37%

Apr. 27	Kokusai Electric Corp - Notice of acquisition of land in Tonami City, Toyama Prefecture	RE
Apr. 27	Kokusai Electric Corporation Acquires Land in Tonami City for Expansion	CI

18f86164e99285a7e71663.NWsM8bzH1vx0uvz7MWhNyZoHXQqTPmyIKvoNt0uX8Lc.BxJdtuOEmL1D0Zu0YjwHpu9TBW7YWzj-eMNshQ7xl_t9UlOg-fCAuzHyuQ

Published financial data: KOKUSAI ELECTRIC CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025
Revenues	245B	246B	181B	239B
Total Revenues	245B	246B	181B	239B
Cost of Goods Sold, Total	138B	145B	106B	137B
Gross Profit	107B	101B	74.96B	102B
Selling General & Admin Expenses, Total	35.41B	43.45B	24.76B	28.09B
R&D Expenses	-	-	12.68B	15.6B
Depreciation & Amortization - (IS)	-	-	6.96B	6.82B
Other Operating Expenses	1B	1.29B	-337M	-4M
Other Operating Expenses, Total	36.42B	44.74B	44.08B	50.51B
Operating Income	70.65B	56.06B	30.89B	51.23B
Interest Expense, Total	-1.61B	-1.08B	-852M	-1.1B
Interest And Investment Income	218M	909M	289M	221M
Net Interest Expenses	-1.39B	-169M	-563M	-879M
Currency Exchange Gains (Loss)	-	-	-435M	-292M
Other Non Operating Income (Expenses)	-	-	234M	843M
EBT, Excl. Unusual Items	69.26B	55.9B	30.13B	50.9B
Gain (Loss) On Sale Of Assets	-	-	-90M	-91M
Asset Writedown	-	-	50M	25M
Other Unusual Items	-	-	-329M	-46M
EBT, Incl. Unusual Items	69.26B	55.9B	29.76B	50.79B
Income Tax Expense	17.92B	15.59B	7.38B	14.78B
Earnings From Continuing Operations	51.34B	40.3B	22.37B	36B
Net Income to Company	51.34B	40.3B	22.37B	36B
Net Income - (IS)	51.34B	40.3B	22.37B	36B
Net Income to Common Incl Extra Items	51.34B	40.3B	22.37B	36B
Net Income to Common Excl. Extra Items	51.34B	40.3B	22.37B	36B
Per Share Items
Net EPS - Basic	222.83	174.93	96.82	154.6
Basic EPS - Continuing Operations	222.83	174.93	96.82	154.6
Basic Weighted Average Shares Outstanding	230M	230M	231M	233M
Net EPS - Diluted	215.05	168.84	93.7	152.54
Diluted EPS - Continuing Operations	215.05	168.84	93.7	152.54
Diluted Weighted Average Shares Outstanding	239M	239M	239M	236M
Normalized Basic EPS	187.89	151.62	81.48	136.6
Normalized Diluted EPS	181.33	146.34	78.85	134.78
Dividend Per Share	-	-	11	37
Payout Ratio	-	-	-	18.64
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	-	-	41.84B	63.85B
EBITA	70.65B	56.06B	30.89B	51.23B
EBIT	70.65B	56.06B	30.89B	51.23B
Effective Tax Rate - (Ratio)	25.88	27.89	24.81	29.11
Normalized Net Income	43.29B	34.93B	18.83B	31.81B
Non-Cash Pension Expense	-	-	661M	-30M
Supplemental Operating Expense Items
Advertising Expense	-	-	662M	734M
Selling and Marketing Expenses	-	-	1B	970M
Research And Development Expense From Footnotes	-	-	12.68B	15.6B

Fiscal Period: March	2022	2023	2024	2025
Assets
Cash And Equivalents	108B	106B	92.62B	44.76B
Total Cash And Short Term Investments	108B	106B	92.62B	44.76B
Accounts Receivable, Total	45.97B	47.48B	31.99B	42.84B
Total Receivables	45.97B	47.48B	31.99B	42.84B
Inventory	51.65B	67.2B	87.68B	83.2B
Other Current Assets, Total	478M	1.92B	2.62B	2.06B
Total Current Assets	206B	223B	215B	173B
Net Property Plant And Equipment	17.18B	20.49B	36.92B	49B
Long-term Investments	3.52B	4.15B	6.13B	4.76B
Goodwill	59.06B	59.06B	59.06B	59.06B
Other Intangibles, Total	69.05B	62.97B	57B	54.14B
Deferred Tax Assets Long-Term	1.22B	943M	1.4B	1.7B
Total Assets	357B	370B	375B	342B
Liabilities
Accounts Payable, Total	49.9B	41.79B	36.67B	23.61B
Accrued Expenses, Total	9.81B	11.04B	10.18B	12.51B
Short-term Borrowings	4.5B	6B	-	-
Current Portion of Long-Term Debt	-	-	7.5B	11.35B
Current Portion of Leases	468M	596M	519M	579M
Current Income Taxes Payable	12.77B	7.39B	5.34B	9.62B
Other Current Liabilities	21.08B	31.37B	27.34B	25B
Total Current Liabilities	98.53B	98.18B	87.54B	82.67B
Long-Term Debt	118B	91.5B	84B	46.86B
Long-Term Leases	723M	1.11B	999M	1.39B
Pension & Other Post Retirement Benefits	3.2B	3.03B	3.15B	2.93B
Deferred Tax Liability Non Current	16.89B	15.4B	12.14B	11.19B
Other Non Current Liabilities	171M	167M	212M	304M
Total Liabilities	237B	209B	188B	145B
Common Stock, Total	10B	10B	11.26B	14.09B
Additional Paid In Capital	28.35B	28.34B	27.62B	25.13B
Retained Earnings	79.24B	120B	142B	171B
Treasury Stock	-	-	-	-18B
Comprehensive Income and Other	1.92B	2.75B	6.06B	4.42B
Total Common Equity	120B	161B	187B	196B
Total Equity	120B	161B	187B	196B
Total Liabilities And Equity	357B	370B	375B	342B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	230M	230M	235M	233M
ECS Total Common Shares Outstanding	230M	230M	233M	233M
Book Value / Share	518.75	698.26	804.49	842.12
Tangible Book Value	-8.6B	38.85B	71.33B	82.96B
Tangible Book Value Per Share	-37.3	168.61	306.22	356.15
Total Debt	123B	99.21B	93.02B	60.18B
Net Debt	14.79B	-6.85B	399M	15.43B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	954M	-1.1B	-2.5B
Inventories - Raw Materials, Total	-	-	35.28B	32.76B
Inventories - Work In Process, Total	-	-	25.02B	24.62B
Inventories - Finished Goods, Total	-	-	27.38B	25.83B
Full Time Employees	-	2.43K	2.48K	2.54K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	29M	54M
Order Backlog	-	182B	150B	136B

Fiscal Period: March	2022	2023	2024	2025
Net Income	-	-	22.37B	36B
Depreciation & Amortization - CF	-	-	10.94B	12.62B
Depreciation & Amortization, Total	-	-	10.94B	12.62B
Other Operating Activities, Total	-	-	-10.96B	-10.75B
Change In Accounts Receivable	-	-	19.47B	-11.6B
Change In Inventories	-	-	-19.12B	3.3B
Change In Accounts Payable	-	-	-15.56B	-2.51B
Change in Other Net Operating Assets	-	-	-4.19B	11.42B
Cash from Operations	-	-	2.94B	38.48B
Capital Expenditure	-	-	-11.53B	-25.48B
Sale (Purchase) of Intangible assets	-	-	-441M	-2.19B
Other Investing Activities, Total	-	-	25M	-34M
Cash from Investing	-	-	-11.95B	-27.71B
Long-Term Debt Issued, Total	-	-	-	60B
Total Debt Issued	-	-	-	60B
Long-Term Debt Repaid, Total	-	-	-6B	-91.5B
Total Debt Repaid	-	-	-6B	-91.5B
Repurchase of Common Stock	-	-	-	-18.52B
Common Dividends Paid	-	-	-	-6.71B
Common & Preferred Stock Dividends Paid	-	-	-	-6.71B
Other Financing Activities, Total	-	-	-312M	-1.38B
Cash from Financing	-	-	-6.31B	-58.11B
Foreign Exchange Rate Adjustments	-	-	1.89B	-529M
Net Change in Cash	-	-	-13.43B	-47.86B
Supplemental Items
Cash Interest Paid	-	-	852M	1.1B
Cash Income Tax Paid (Refund)	-	-	11.38B	10.41B
Levered Free Cash Flow	-	-	-17.25M	1.7B
Unlevered Free Cash Flow	-	-	515M	2.39B
Change In Net Working Capital	-	20.48B	17.76B	14.58B
Net Debt Issued / Repaid	-	-	-6B	-31.5B

Fiscal Period: March	2022	2023	2024	2025
Profitability
Return on Assets	-	9.64	5.18	8.93
Return on Total Capital	-	13.94	7.14	11.93
Return On Equity %	-	28.75	12.85	18.77
Return on Common Equity	-	28.75	12.85	18.77
Margin Analysis
Gross Profit Margin %	43.63	41.02	41.45	42.58
SG&A Margin	14.43	17.68	13.69	11.76
EBITDA Margin %	-	-	23.13	26.72
EBITA Margin %	28.79	22.82	17.08	21.44
EBIT Margin %	28.79	22.82	17.08	21.44
Income From Continuing Operations Margin %	20.92	16.4	12.37	15.07
Net Income Margin %	20.92	16.4	12.37	15.07
Net Avail. For Common Margin %	20.92	16.4	12.37	15.07
Normalized Net Income Margin	17.64	14.22	10.41	13.31
Levered Free Cash Flow Margin	-	-	-0.01	0.71
Unlevered Free Cash Flow Margin	-	-	0.28	1
Asset Turnover
Asset Turnover	-	0.68	0.49	0.67
Fixed Assets Turnover	-	13.04	6.3	5.56
Receivables Turnover (Average Receivables)	-	5.26	4.55	6.39
Inventory Turnover (Average Inventory)	-	2.44	1.37	1.61
Short Term Liquidity
Current Ratio	2.1	2.27	2.45	2.09
Quick Ratio	1.57	1.56	1.42	1.06
Operating Cash Flow to Current Liabilities	-	-	0.03	0.47
Days Sales Outstanding (Average Receivables)	-	69.41	80.42	57.15
Days Outstanding Inventory (Average Inventory)	-	149.67	267.71	227.32
Average Days Payable Outstanding	-	104.28	113.63	82.89
Cash Conversion Cycle (Average Days)	-	114.79	234.5	201.59
Long Term Solvency
Total Debt/Equity	103.07	61.66	49.64	30.68
Total Debt / Total Capital	50.76	38.14	33.17	23.48
LT Debt/Equity	98.92	57.56	45.36	24.6
Long-Term Debt / Total Capital	48.71	35.61	30.31	18.82
Total Liabilities / Total Assets	66.48	56.55	50.09	42.56
EBIT / Interest Expense	43.99	52.01	36.26	46.57
EBITDA / Interest Expense	-	-	49.1	58.05
(EBITDA - Capex) / Interest Expense	-	-	35.56	34.88
Total Debt / EBITDA	-	-	2.22	0.94
Net Debt / EBITDA	-	-	0.01	0.24
Total Debt / (EBITDA - Capex)	-	-	3.07	1.57
Net Debt / (EBITDA - Capex)	-	-	0.01	0.4
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	0.12	-26.41	32.13
Gross Profit, 1 Yr. Growth %	-	-5.85	-25.63	35.72
EBITDA, 1 Yr. Growth %	-	-	-	52.63
EBITA, 1 Yr. Growth %	-	-20.65	-44.9	65.84
EBIT, 1 Yr. Growth %	-	-20.65	-44.9	65.84
Earnings From Cont. Operations, 1 Yr. Growth %	-	-21.49	-44.49	60.92
Net Income, 1 Yr. Growth %	-	-21.49	-44.49	60.92
Normalized Net Income, 1 Yr. Growth %	-	-19.3	-46.1	68.96
Diluted EPS Before Extra, 1 Yr. Growth %	-	-21.49	-44.5	62.8
Accounts Receivable, 1 Yr. Growth %	-	3.27	-32.61	33.88
Inventory, 1 Yr. Growth %	-	30.1	30.48	-5.11
Net Property, Plant and Equip., 1 Yr. Growth %	-	19.26	80.18	32.69
Total Assets, 1 Yr. Growth %	-	3.85	1.4	-9.04
Tangible Book Value, 1 Yr. Growth %	-	-551.98	83.61	16.31
Common Equity, 1 Yr. Growth %	-	34.61	16.48	4.69
Cash From Operations, 1 Yr. Growth %	-	-	-	1.21K
Capital Expenditures, 1 Yr. Growth %	-	-	-	120.93
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-	-9.96K
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-	363.49
Dividend Per Share, 1 Yr. Growth %	-	-	-	236.36
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-14.16	-1.39
Gross Profit, 2 Yr. CAGR %	-	-	-16.32	0.46
EBITA, 2 Yr. CAGR %	-	-	-33.88	-4.41
EBIT, 2 Yr. CAGR %	-	-	-33.88	-4.41
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-33.98	-5.49
Net Income, 2 Yr. CAGR %	-	-	-33.98	-5.49
Normalized Net Income, 2 Yr. CAGR %	-	-	-34.05	-4.57
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-33.99	-4.95
Accounts Receivable, 2 Yr. CAGR %	-	-	-16.58	-5.01
Inventory, 2 Yr. CAGR %	-	-	30.29	11.27
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	46.59	54.63
Total Assets, 2 Yr. CAGR %	-	-	2.62	-3.96
Tangible Book Value, 2 Yr. CAGR %	-	-	188.08	46.14
Common Equity, 2 Yr. CAGR %	-	-	25.21	10.42
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-0.89
Gross Profit, 3 Yr. CAGR %	-	-	-	-1.69
EBITA, 3 Yr. CAGR %	-	-	-	-10.16
EBIT, 3 Yr. CAGR %	-	-	-	-10.16
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-11.15
Net Income, 3 Yr. CAGR %	-	-	-	-11.15
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-9.76
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-10.82
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-2.33
Inventory, 3 Yr. CAGR %	-	-	-	17.23
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	41.8
Total Assets, 3 Yr. CAGR %	-	-	-	-1.42
Tangible Book Value, 3 Yr. CAGR %	-	-	-	112.92
Common Equity, 3 Yr. CAGR %	-	-	-	17.96