Income Statement NS Solutions Corporation

Equities

2327

JP3379900008

IT Services & Consulting

Delayed Japan Exchange Other stock markets 11:48:05 2025-02-16 pm EST			5-day change	1st Jan Change
4,288.00 ^JPY	-0.19%		+0.52%	+5.28%

Feb. 14	3D Investment Partners Raises Stake In Ns Solutions To 9.4% From 8.35%, Filing Shows	RE
Feb. 10	Tranche Update on Recruit Holdings Co., Ltd.'s Equity Buyback Plan announced on July 9, 2024.	CI

610b.g9YWxHQVALFPAMD-rls5P0_sChUKRFSdWZaGfdo4iWw.7JRbjRMnOcF9cPGcwhxQbx6pPSFoLhP_GPX3DL5ywDrB4UaFBndYwX9f-A

Published financial data: NS SOLUTIONS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	275B	252B	270B	292B	311B
Total Revenues	275B	252B	270B	292B	311B
Cost of Goods Sold, Total	218B	200B	210B	226B	239B
Gross Profit	56.6B	51.95B	60.32B	65.94B	71.84B
Selling General & Admin Expenses, Total	27.6B	26.81B	29.93B	30.56B	33.98B
Provision for Bad Debts	2M	-	95M	-	-
R&D Expenses	-	-	-	2.32B	2.4B
Depreciation & Amortization - (IS)	140M	126M	131M	131M	246M
Amortization of Goodwill and Intangible Assets - (IS)	465M	465M	465M	-	-
Other Operating Expenses	-	-	-	-208M	-104M
Other Operating Expenses, Total	28.21B	27.4B	30.62B	32.8B	36.53B
Operating Income	28.39B	24.55B	29.7B	33.14B	35.31B
Interest Expense, Total	-9M	-7M	-42M	-101M	-92M
Interest And Investment Income	577M	516M	1B	529M	545M
Net Interest Expenses	568M	509M	960M	428M	453M
Income (Loss) On Equity Invest.	41M	-53M	39M	18M	31M
Currency Exchange Gains (Loss)	-39M	-48M	-120M	-118M	-31M
Other Non Operating Income (Expenses)	-654M	193M	262M	26M	87M
EBT, Excl. Unusual Items	28.3B	25.15B	30.84B	33.49B	35.85B
Restructuring Charges	-	-	-	-115M	-142M
Gain (Loss) On Sale Of Investments	2.39B	2.03B	-	-	144M
Gain (Loss) On Sale Of Assets	-31M	-50M	-29M	-125M	-241M
Asset Writedown	-	-	-	-1.15B	-177M
Legal Settlements	-	-	-702M	-	-
Other Unusual Items	-2B	-1.82B	-	-	-
EBT, Incl. Unusual Items	28.66B	25.32B	30.11B	32.1B	35.44B
Income Tax Expense	9.39B	7.71B	9.5B	9.38B	10.28B
Earnings From Continuing Operations	19.28B	17.6B	20.61B	22.72B	25.16B
Net Income to Company	19.28B	17.6B	20.61B	22.72B	25.16B
Minority Interest	-725M	-622M	-636M	-715M	-915M
Net Income - (IS)	18.55B	16.98B	19.98B	22B	24.24B
Net Income to Common Incl Extra Items	18.55B	16.98B	19.98B	22B	24.24B
Net Income to Common Excl. Extra Items	18.55B	16.98B	19.98B	22B	24.24B
Per Share Items
Net EPS - Basic	101.38	92.8	109.16	120.23	132.48
Basic EPS - Continuing Operations	101.38	92.8	109.16	120.23	132.48
Basic Weighted Average Shares Outstanding	183M	183M	183M	183M	183M
Net EPS - Diluted	101.38	92.8	109.16	120.23	132.48
Diluted EPS - Continuing Operations	101.38	92.8	109.16	120.23	132.48
Diluted Weighted Average Shares Outstanding	183M	183M	183M	183M	183M
Normalized Basic EPS	92.71	82.5	101.85	110.48	117.46
Normalized Diluted EPS	92.71	82.5	101.85	110.48	117.46
Dividend Per Share	32.5	26.25	33	37.5	42.5
Payout Ratio	29.59	30.98	26.34	29.53	30.19
Supplemental Items
EBITDA	34.06B	31.16B	35.69B	45.76B	47.36B
EBITA	28.85B	25.02B	30.16B	33.14B	35.31B
EBIT	28.39B	24.55B	29.7B	33.14B	35.31B
Effective Tax Rate - (Ratio)	32.75	30.47	31.54	29.24	29.01
Normalized Net Income	16.97B	15.1B	18.64B	20.22B	21.49B
Non-Cash Pension Expense	1.35B	526M	-367M	1.48B	1.55B
Supplemental Operating Expense Items
Advertising Expense	3.67B	3.79B	4.08B	3.83B	4.18B
Selling and Marketing Expenses	3.67B	3.79B	4.08B	3.83B	4.18B
Research And Development Expense From Footnotes	2B	1.69B	1.94B	2.32B	2.4B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.46B	5.26B	5.86B	101B	104B
Short Term Investments	53.79B	74.53B	92.22B	-	-
Total Cash And Short Term Investments	58.25B	79.78B	98.08B	101B	104B
Accounts Receivable, Total	62.49B	61.05B	55.25B	65.82B	67.77B
Notes Receivable	12B	-	-	-	-
Total Receivables	74.49B	61.05B	55.25B	65.82B	67.77B
Inventory	26.85B	28.39B	19.65B	21.53B	25.18B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	3.29B	2.61B	14.71B	18.71B	31.34B
Total Current Assets	163B	172B	188B	207B	228B
Net Property Plant And Equipment	21.44B	19.57B	23.75B	43.6B	51.7B
Long-term Investments	45.72B	71.65B	74.36B	58.45B	83.93B
Goodwill	3.39B	2.92B	2.46B	2.92B	2.92B
Other Intangibles, Total	2.98B	2.12B	4.44B	3.73B	3.85B
Deferred Tax Assets Long-Term	4.03B	4.13B	4.09B	3.81B	3.97B
Other Long-Term Assets, Total	2M	1M	2M	3M	5M
Total Assets	240B	272B	297B	320B	375B
Liabilities
Accounts Payable, Total	17.69B	15.88B	17.83B	24.66B	23.26B
Accrued Expenses, Total	9.53B	9.55B	10.3B	-	-
Current Portion of Leases	1.86B	901M	2.03B	7.24B	6.94B
Current Income Taxes Payable	17.54B	12.85B	18.17B	6.44B	7.86B
Other Current Liabilities	21.48B	21.5B	13.83B	34.28B	43.18B
Total Current Liabilities	68.1B	60.69B	62.16B	72.62B	81.24B
Long-Term Leases	2.15B	1.36B	2.92B	17.79B	27.86B
Pension & Other Post Retirement Benefits	9.99B	11.1B	11.3B	10.94B	4.73B
Deferred Tax Liability Non Current	1.57B	10.23B	10.53B	3.35B	8.94B
Other Non Current Liabilities	3.25B	2.7B	6.44B	7.41B	7.09B
Total Liabilities	85.06B	86.1B	93.36B	112B	130B
Common Stock, Total	12.95B	12.95B	12.95B	12.95B	12.95B
Additional Paid In Capital	9.95B	9.95B	9.95B	9.95B	9.95B
Retained Earnings	117B	119B	135B	153B	175B
Treasury Stock	-10.03B	-2M	-2M	-17M	-32M
Comprehensive Income and Other	19.67B	38.33B	38.64B	24.62B	39.33B
Total Common Equity	149B	180B	197B	201B	237B
Minority Interest	5.94B	6.3B	6.74B	7.28B	7.95B
Total Equity	155B	186B	203B	208B	245B
Total Liabilities And Equity	240B	272B	297B	320B	375B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	183M	183M	183M	183M	183M
ECS Total Common Shares Outstanding	183M	183M	183M	183M	183M
Book Value / Share	816.65	982.65	1.07K	1.1K	1.29K
Tangible Book Value	143B	175B	190B	194B	230B
Tangible Book Value Per Share	781.83	955.11	1.04K	1.06K	1.26K
Total Debt	4.02B	2.26B	4.95B	25.03B	34.79B
Net Debt	-54.24B	-77.52B	-93.13B	-76.29B	-69.18B
Debt Equivalent of Unfunded Proj. Benefit Obligation	9.86B	10.96B	11.2B	10.94B	4.73B
Minority Interest, Total (Incl. Fin. Div)	5.94B	6.3B	6.74B	7.28B	7.95B
Equity Method Investments, Total	-	-	-	181M	212M
Inventories - Raw Materials, Total	15M	42M	159M	-	-
Inventories - Work In Process, Total	26.83B	28.34B	19.49B	21.17B	24.91B
Inventories - Others	-	-	-	354M	269M
Full Time Employees	6.64K	6.96K	7.14K	7.46K	7.83K
Accumulated Allowance for Doubtful Accounts (Supple)	25M	25M	120M	1M	1M
Order Backlog	127B	135B	124B	146B	156B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	28.66B	25.32B	30.11B	32.1B	35.44B
Depreciation & Amortization - CF	5.2B	6.14B	5.52B	12.62B	12.05B
Amortization of Goodwill and Intangible Assets - (CF)	465M	465M	465M	-	-
Depreciation & Amortization, Total	5.67B	6.61B	5.99B	12.62B	12.05B
(Gain) Loss From Sale Of Asset	31M	50M	29M	1.15B	177M
(Gain) Loss on Sale of Investments - (CF)	-2.39B	-2.03B	-	-	-
(Income) Loss On Equity Investments - (CF)	-41M	53M	-39M	-18M	-31M
Other Operating Activities, Total	-9.42B	-8.85B	-7.3B	-10.91B	-11.97B
Change In Accounts Receivable	-5.32B	1.41B	272M	-9.85B	-2.73B
Change In Inventories	2.82B	-1.53B	-1.01B	-1.85B	-3.61B
Change In Accounts Payable	-1.33B	-1.81B	1.82B	5.58B	7.04B
Change in Other Net Operating Assets	668M	-1.67B	2.44B	-2.8B	-10.22B
Cash from Operations	19.37B	17.54B	32.31B	26.03B	26.15B
Capital Expenditure	-5.58B	-3.64B	-5.34B	-4.4B	-3.12B
Cash Acquisitions	-	-	-	-	-8.14B
Investment in Marketable and Equity Securities, Total	2.91B	2.1B	-3.23B	-49M	-36M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	12B	-	-	-
Other Investing Activities, Total	-304M	-47M	31M	-1.19B	2.73B
Cash from Investing	-2.98B	10.41B	-8.54B	-5.64B	-8.57B
Repurchase of Common Stock	-	-	-	-50M	-51M
Common & Preferred Stock Dividends Paid	-5.49B	-5.26B	-5.26B	-6.5B	-7.32B
Common & Preferred Stock Dividends Paid	-5.49B	-5.26B	-5.26B	-6.5B	-7.32B
Other Financing Activities, Total	-1.31B	-2.13B	-1.58B	-8.4B	-7.71B
Cash from Financing	-6.8B	-7.4B	-6.84B	-14.94B	-15.08B
Foreign Exchange Rate Adjustments	4M	-20M	199M	163M	148M
Miscellaneous Cash Flow Adjustments	-	-	-1M	-1M	-2M
Net Change in Cash	9.6B	20.54B	17.13B	5.62B	2.65B
Supplemental Items
Cash Interest Paid	8M	7M	43M	101M	93M
Cash Income Tax Paid (Refund)	9.42B	8.85B	7.3B	10.91B	11.97B
Levered Free Cash Flow	12.69B	24.44B	21.97B	17.66B	21.64B
Unlevered Free Cash Flow	12.7B	24.44B	21.99B	17.72B	21.7B
Change In Net Working Capital	5.14B	-6.14B	-2.78B	11.21B	9.3B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	7.5	5.99	6.52	6.72	6.36
Return on Total Capital	11.52	8.82	9.36	9.39	8.61
Return On Equity %	12.8	10.31	10.58	11.05	11.12
Return on Common Equity	12.8	10.31	10.61	11.08	11.09
Margin Analysis
Gross Profit Margin %	20.59	20.62	22.31	22.6	23.13
SG&A Margin	10.04	10.64	11.07	10.48	10.94
EBITDA Margin %	12.39	12.37	13.2	15.69	15.25
EBITA Margin %	10.5	9.93	11.16	11.36	11.37
EBIT Margin %	10.33	9.74	10.99	11.36	11.37
Income From Continuing Operations Margin %	7.01	6.99	7.62	7.79	8.1
Net Income Margin %	6.75	6.74	7.39	7.54	7.8
Net Avail. For Common Margin %	6.75	6.74	7.39	7.54	7.8
Normalized Net Income Margin	6.17	5.99	6.89	6.93	6.92
Levered Free Cash Flow Margin	4.62	9.7	8.13	6.05	6.97
Unlevered Free Cash Flow Margin	4.62	9.7	8.14	6.08	6.99
Asset Turnover
Asset Turnover	1.16	0.98	0.95	0.95	0.89
Fixed Assets Turnover	13.62	12.29	12.48	8.66	6.52
Receivables Turnover (Average Receivables)	4.59	4.08	4.65	4.82	4.65
Inventory Turnover (Average Inventory)	7.72	7.24	8.74	10.97	10.23
Short Term Liquidity
Current Ratio	2.39	2.83	3.02	2.86	2.81
Quick Ratio	1.77	2.32	2.47	2.3	2.11
Operating Cash Flow to Current Liabilities	0.28	0.29	0.52	0.36	0.32
Days Sales Outstanding (Average Receivables)	79.66	89.47	78.51	75.75	78.7
Days Outstanding Inventory (Average Inventory)	47.4	50.39	41.74	33.28	35.79
Average Days Payable Outstanding	31.2	30.4	30.57	34.06	36.17
Cash Conversion Cycle (Average Days)	95.87	109.46	89.68	74.97	78.32
Long Term Solvency
Total Debt/Equity	2.58	1.22	2.43	12.04	14.21
Total Debt / Total Capital	2.52	1.2	2.38	10.75	12.44
LT Debt/Equity	1.39	0.73	1.43	8.56	11.38
Long-Term Debt / Total Capital	1.35	0.72	1.4	7.64	9.96
Total Liabilities / Total Assets	35.37	31.63	31.46	35.04	34.66
EBIT / Interest Expense	3.15K	3.51K	707.1	328.09	383.83
EBITDA / Interest Expense	3.78K	4.45K	849.67	453.04	514.8
(EBITDA - Capex) / Interest Expense	3.16K	3.93K	722.6	409.48	480.87
Total Debt / EBITDA	0.12	0.07	0.14	0.55	0.73
Net Debt / EBITDA	-1.59	-2.49	-2.61	-1.67	-1.46
Total Debt / (EBITDA - Capex)	0.14	0.08	0.16	0.61	0.79
Net Debt / (EBITDA - Capex)	-1.9	-2.82	-3.07	-1.84	-1.56
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	7.73	-8.31	7.28	7.9	6.49
Gross Profit, 1 Yr. Growth %	8.23	-8.21	16.11	9.31	8.96
EBITDA, 1 Yr. Growth %	10.91	-8.51	14.52	28.22	3.51
EBITA, 1 Yr. Growth %	11.62	-13.3	20.58	9.86	6.56
EBIT, 1 Yr. Growth %	11.83	-13.52	20.97	11.58	6.56
Earnings From Cont. Operations, 1 Yr. Growth %	11.18	-8.68	17.09	10.2	10.75
Net Income, 1 Yr. Growth %	11	-8.46	17.64	10.13	10.19
Normalized Net Income, 1 Yr. Growth %	9.09	-11.01	23.45	8.47	6.31
Diluted EPS Before Extra, 1 Yr. Growth %	13.63	-8.46	17.64	10.13	10.19
Accounts Receivable, 1 Yr. Growth %	9.32	-2.3	-9.51	19.14	2.95
Inventory, 1 Yr. Growth %	-9.55	5.72	-30.79	9.56	16.96
Net Property, Plant and Equip., 1 Yr. Growth %	13.32	-8.72	21.33	83.6	18.58
Total Assets, 1 Yr. Growth %	3.29	13.21	9.02	7.79	17.11
Tangible Book Value, 1 Yr. Growth %	6.68	22.16	8.58	2.15	18.67
Common Equity, 1 Yr. Growth %	6.41	20.33	9.38	1.95	18.11
Cash From Operations, 1 Yr. Growth %