Income Statement RIZAP GROUP, Inc.

Equities

2928

JP3281880009

Personal Products

Delayed Sapporo S.E. Other stock markets 02:30:00 2025-06-20 am EDT			5-day change	1st Jan Change
201.00 ^JPY	0.00%		-0.99%	-19.60%

Jun. 09	Envy LLC cancelled the acquisition of 29.98% stake in Marushohotta Co.,Ltd. from RIZAP GROUP, Inc..	CI
May. 25	Envy LLC agreed to acquire 29.98% stake in Marushohotta Co.,Ltd. from RIZAP GROUP, Inc. for ¥1.5 billion.	CI

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Published financial data: RIZAP GROUP, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	202B	169B	162B	161B	166B
Total Revenues	202B	169B	162B	161B	166B
Cost of Goods Sold, Total	111B	90.61B	86.91B	89.7B	84.52B
Gross Profit	90.93B	78.27B	75.45B	70.82B	81.78B
Selling General & Admin Expenses, Total	87.46B	74.01B	70.84B	75.31B	83.17B
Other Operating Expenses	-696M	726M	-210M	-1.86B	-2.1B
Other Operating Expenses, Total	86.76B	74.74B	70.63B	73.46B	81.07B
Operating Income	4.17B	3.53B	4.82B	-2.64B	715M
Interest Expense, Total	-1.98B	-1.79B	-1.47B	-1.6B	-2.8B
Interest And Investment Income	165M	74M	54M	115M	104M
Net Interest Expenses	-1.82B	-1.71B	-1.42B	-1.48B	-2.7B
Other Non Operating Income (Expenses)	-713M	1B	876M	-173M	-1.23B
EBT, Excl. Unusual Items	1.64B	2.82B	4.28B	-4.29B	-3.21B
Restructuring Charges	-	-	-	-	-917M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-182M	-147M	1.28B	12M	8M
Asset Writedown	-4.95B	-3.31B	-2.02B	-2.36B	-405M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-3.49B	-635M	3.53B	-6.64B	-4.52B
Income Tax Expense	2.08B	-2.14B	-101M	5.34B	-176M
Earnings From Continuing Operations	-5.57B	1.51B	3.63B	-11.98B	-4.35B
Earnings Of Discontinued Operations	299M	423M	29M	-201M	-109M
Net Income to Company	-5.27B	1.93B	3.66B	-12.18B	-4.46B
Minority Interest	-560M	-325M	-1.53B	-550M	157M
Net Income - (IS)	-5.83B	1.61B	2.13B	-12.73B	-4.3B
Net Income to Common Incl Extra Items	-5.83B	1.61B	2.13B	-12.73B	-4.3B
Net Income to Common Excl. Extra Items	-6.13B	1.18B	2.1B	-12.53B	-4.19B
Per Share Items
Net EPS - Basic	-10.48	2.89	3.83	-22.89	-7.73
Basic EPS - Continuing Operations	-11.02	2.13	3.78	-22.53	-7.53
Basic Weighted Average Shares Outstanding	556M	556M	556M	556M	556M
Net EPS - Diluted	-10.48	2.8	3.83	-22.9	-7.74
Diluted EPS - Continuing Operations	-11.02	2.04	3.78	-22.54	-7.54
Diluted Weighted Average Shares Outstanding	556M	556M	556M	556M	556M
Normalized Basic EPS	0.83	2.58	2.06	-5.81	-3.32
Normalized Diluted EPS	0.83	2.58	2.06	-5.81	-3.32
Dividend Per Share	-	-	-	-	-
Payout Ratio	-0.05	0.06	0.09	-	-
Supplemental Items
EBITDA	19.06B	16.2B	15.65B	9.89B	18.04B
EBITA	4.17B	3.53B	4.82B	-2.64B	715M
EBIT	4.17B	3.53B	4.82B	-2.64B	715M
Effective Tax Rate - (Ratio)	-59.55	337.8	-2.86	-80.4	3.89
Normalized Net Income	464M	1.44B	1.14B	-3.23B	-1.85B
Non-Cash Pension Expense	248M	236M	184M	171M	190M
Supplemental Operating Expense Items
Advertising Expense	10.49B	9.96B	10.78B	14.4B	22.95B
Selling and Marketing Expenses	21.46B	21.54B	23.43B	27.08B	35.75B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	27.05B	33.79B	24.12B	15.83B	13.1B
Total Cash And Short Term Investments	27.05B	33.79B	24.12B	15.83B	13.1B
Accounts Receivable, Total	25.73B	18.73B	17.33B	18.38B	21.16B
Other Receivables	803M	677M	192M	954M	226M
Total Receivables	26.54B	19.4B	17.52B	19.33B	21.39B
Inventory	33.75B	28.7B	28.63B	28.54B	24.35B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	5.07B	3.55B	3.23B	3.49B	5.21B
Total Current Assets	92.4B	85.44B	73.5B	67.2B	64.05B
Net Property Plant And Equipment	65.81B	51.75B	44.16B	57.13B	75.39B
Long-term Investments	14.69B	13.91B	11.68B	11.95B	11.13B
Goodwill	3.83B	2.69B	2.07B	1.79B	1.79B
Other Intangibles, Total	3.38B	2.65B	2.41B	2.57B	2.33B
Deferred Tax Assets Long-Term	2.57B	4.84B	5.97B	2.05B	2.46B
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	3M	3M	4M	5M	3M
Total Assets	183B	161B	140B	143B	157B
Liabilities
Accounts Payable, Total	27.87B	26.38B	25.06B	23.64B	25.89B
Accrued Expenses, Total	-	-	-	-	-
Short-term Borrowings	20.88B	18B	14.36B	30.76B	26.54B
Current Portion of Long-Term Debt	10.23B	8.21B	6.91B	3.93B	6.86B
Current Portion of Leases	13.81B	11.36B	9.59B	11.46B	14.3B
Current Income Taxes Payable	627M	745M	472M	602M	388M
Other Current Liabilities	7.13B	6.92B	5.25B	4.73B	5.19B
Total Current Liabilities	80.54B	71.62B	61.64B	75.12B	79.17B
Long-Term Debt	18.73B	16.94B	10.68B	9.48B	13.35B
Long-Term Leases	41.22B	30.09B	24.82B	27.15B	28.61B
Pension & Other Post Retirement Benefits	2.14B	1.18B	1.12B	607M	446M
Deferred Tax Liability Non Current	847M	293M	247M	619M	192M
Other Non Current Liabilities	6.52B	5.74B	5.22B	5.51B	6.08B
Total Liabilities	150B	126B	104B	118B	128B
Common Stock, Total	19.2B	19.2B	19.2B	19.2B	19.2B
Additional Paid In Capital	6.75B	6.97B	4.93B	3.17B	3.19B
Retained Earnings	-1.58B	134M	2.27B	-8.66B	-13.22B
Comprehensive Income and Other	283M	512M	237M	519M	10.35B
Total Common Equity	24.65B	26.82B	26.63B	14.23B	19.53B
Minority Interest	8.01B	8.6B	9.43B	9.98B	9.78B
Total Equity	32.67B	35.42B	36.06B	24.21B	29.31B
Total Liabilities And Equity	183B	161B	140B	143B	157B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	556M	556M	556M	556M	597M
ECS Total Common Shares Outstanding	556M	556M	556M	556M	556M
Book Value / Share	44.32	48.21	47.88	25.58	35.11
Tangible Book Value	17.44B	21.48B	22.16B	9.87B	15.41B
Tangible Book Value Per Share	31.35	38.62	39.84	17.74	27.7
Total Debt	105B	84.6B	66.35B	82.78B	89.66B
Net Debt	77.83B	50.82B	42.24B	66.95B	76.56B
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.1B	560M	601M	-37M	-222M
Minority Interest, Total (Incl. Fin. Div)	8.01B	8.6B	9.43B	9.98B	9.78B
Inventories - Raw Materials, Total	1.07B	788M	889M	856M	1.26B
Inventories - Work In Process, Total	404M	84M	103M	81M	93M
Inventories - Finished Goods, Total	32.13B	27.8B	27.59B	27.5B	22.88B
Inventories - Others	136M	25M	48M	106M	120M
Full Time Employees	6.5K	5.64K	5.03K	4.61K	4.64K
Accumulated Allowance for Doubtful Accounts (Supple)	1.36B	1.02B	908M	972M	698M
Order Backlog	994M	1.71B	938M	1.06B	-

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	-3.49B	-634M	3.53B	-6.64B	-4.52B
Depreciation & Amortization - CF	14.89B	12.67B	10.83B	12.53B	17.33B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	14.89B	12.67B	10.83B	12.53B	17.33B
(Gain) Loss From Sale Of Asset	4.97B	3.31B	2.02B	2.36B	405M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Net Cash From Discontinued Operations	604M	434M	38M	-184M	-70M
Other Operating Activities, Total	-3.56B	-1.04B	-973M	-1.17B	822M
Change In Accounts Receivable	5.22B	4.78B	559M	-2.05B	-2.45B
Change In Inventories	3.33B	4.82B	57M	-473M	-665M
Change In Accounts Payable	-7.7B	-226M	-1.45B	-494M	1.55B
Change in Other Net Operating Assets	370M	752M	-4.61B	-3.63B	-2.6B
Cash from Operations	14.65B	24.87B	10.01B	247M	9.8B
Capital Expenditure	-4.61B	-3.07B	-2.55B	-7.18B	-14.14B
Sale of Property, Plant, and Equipment	526M	70M	4.74B	333M	240M
Cash Acquisitions	-	-	-	-	-
Divestitures	2.16B	2.02B	-	1.66B	2.79B
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	25M	-47M	122M	103M	-855M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-1.5B	1B	402M	-2.02B	-1.72B
Cash from Investing	-3.39B	-20M	2.72B	-7.11B	-13.69B
Short Term Debt Issued, Total	3.71B	-	-	15.99B	-
Long-Term Debt Issued, Total	1.82B	8.53B	2.86B	2.58B	14.9B
Total Debt Issued	5.53B	8.53B	2.86B	18.57B	14.9B
Short Term Debt Repaid, Total	-	-2.8B	-3.71B	-	-3.95B
Long-Term Debt Repaid, Total	-18.42B	-10.55B	-10.4B	-6.75B	-5.76B
Total Debt Repaid	-18.42B	-13.35B	-14.11B	-6.75B	-9.71B
Issuance of Common Stock	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-3M	-1M	-2M	-	-
Common & Preferred Stock Dividends Paid	-3M	-1M	-2M	-	-
Other Financing Activities, Total	-15.39B	-13.35B	-11.26B	-13.31B	-4.16B
Cash from Financing	-28.28B	-18.17B	-22.51B	-1.49B	1.04B
Foreign Exchange Rate Adjustments	-50M	38M	111M	64M	100M
Miscellaneous Cash Flow Adjustments	1.87B	25M	13M	-2M	17M
Net Change in Cash	-15.2B	6.74B	-9.67B	-8.29B	-2.73B
Supplemental Items
Cash Interest Paid	2B	1.74B	1.42B	1.18B	2.08B
Cash Income Tax Paid (Refund)	2.47B	1.07B	1.02B	1.64B	234M
Levered Free Cash Flow	18.44B	22.81B	9.39B	-1.1B	4.79B
Unlevered Free Cash Flow	19.68B	23.92B	10.31B	-103M	6.54B
Change In Net Working Capital	-6.79B	-12.11B	981M	3.8B	-2.91B
Net Debt Issued / Repaid	-12.89B	-4.82B	-11.25B	11.82B	5.2B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.44	1.28	2	-1.17	0.3
Return on Total Capital	2.04	1.71	2.71	-1.58	0.4
Return On Equity %	-12.74	4.44	10.16	-39.76	-16.25
Return on Common Equity	-18.29	4.6	7.87	-61.34	-24.83
Margin Analysis
Gross Profit Margin %	45.08	46.35	46.47	44.12	49.18
SG&A Margin	43.35	43.83	43.63	46.92	50.01
EBITDA Margin %	9.45	9.59	9.64	6.16	10.85
EBITA Margin %	2.07	2.09	2.97	-1.64	0.43
EBIT Margin %	2.07	2.09	2.97	-1.64	0.43
Income From Continuing Operations Margin %	-2.76	0.89	2.24	-7.46	-2.61
Net Income Margin %	-2.89	0.95	1.31	-7.93	-2.59
Net Avail. For Common Margin %	-3.04	0.7	1.29	-7.81	-2.52
Normalized Net Income Margin	0.23	0.85	0.7	-2.01	-1.11
Levered Free Cash Flow Margin	9.14	13.5	5.79	-0.69	2.88
Unlevered Free Cash Flow Margin	9.76	14.17	6.35	-0.06	3.94
Asset Turnover
Asset Turnover	1.11	0.98	1.08	1.14	1.11
Fixed Assets Turnover	4.25	2.87	3.39	3.17	2.51
Receivables Turnover (Average Receivables)	6.82	7.6	9.01	8.99	8.41
Inventory Turnover (Average Inventory)	3.17	2.9	3.03	3.14	3.2
Short Term Liquidity
Current Ratio	1.15	1.19	1.19	0.89	0.81
Quick Ratio	0.67	0.74	0.68	0.47	0.44
Operating Cash Flow to Current Liabilities	0.18	0.35	0.16	0	0.12
Days Sales Outstanding (Average Receivables)	53.64	48.05	40.53	40.6	43.51
Days Outstanding Inventory (Average Inventory)	115.48	125.78	120.39	116.31	114.53
Average Days Payable Outstanding	110.43	115.71	108.12	99.18	112.84
Cash Conversion Cycle (Average Days)	58.69	58.11	52.79	57.73	45.2
Long Term Solvency
Total Debt/Equity	321.05	238.85	184	341.95	305.92
Total Debt / Total Capital	76.25	70.49	64.79	77.37	75.36
LT Debt/Equity	183.55	132.78	98.44	151.3	143.15
Long-Term Debt / Total Capital	43.59	39.18	34.66	34.23	35.27
Total Liabilities / Total Assets	82.12	78.04	74.2	83.03	81.35
EBIT / Interest Expense	2.1	1.97	3.28	-1.65	0.26
EBITDA / Interest Expense	9.61	9.06	10.65	6.2	6.44
(EBITDA - Capex) / Interest Expense	7.29	7.35	8.92	1.7	1.39
Total Debt / EBITDA	5.5	5.22	4.24	8.37	4.97
Net Debt / EBITDA	4.08	3.14	2.7	6.77	4.24
Total Debt / (EBITDA - Capex)	7.25	6.44	5.07	30.54	23
Net Debt / (EBITDA - Capex)	5.38	3.87	3.22	24.7	19.64
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-8.92	-16.29	-3.86	-1.13	3.6
Gross Profit, 1 Yr. Growth %	-5.83	-13.93	-3.61	-6.14	15.49
EBITDA, 1 Yr. Growth %	45.29K	-15.01	-3.43	-36.78	82.42
EBITA, 1 Yr. Growth %	-194.45	-15.32	36.39	-154.82	-127.08
EBIT, 1 Yr. Growth %	-194.45	-15.32	36.39	-154.82	-127.08
Earnings From Cont. Operations, 1 Yr. Growth %	-60.48	-127.11	140.46	-429.99	-63.71
Net Income, 1 Yr. Growth %	-69.98	-127.58	32.52	-697.51	-66.23
Normalized Net Income, 1 Yr. Growth %	-120.02	209.97	-20.41	-382.64	-42.81
Diluted EPS Before Extra, 1 Yr. Growth %	-69	-118.51	85.25	-696.44	-66.55
Accounts Receivable, 1 Yr. Growth %	-22.96	-27.23	-7.44	6.03	15.15
Inventory, 1 Yr. Growth %	-6.71	-14.95	-0.25	-0.31	-14.68
Net Property, Plant and Equip., 1 Yr. Growth %	126.74	-21.36	-14.67	29.39	31.96
Total Assets, 1 Yr. Growth %	1.34	-11.71	-13.33	2.08	10.13
Tangible Book Value, 1 Yr. Growth %	-49.65	23.2	3.14	-55.46	56.13
Common Equity, 1 Yr. Growth %	-41.81	8.78	-0.7	-46.57	37.25
Cash From Operations, 1 Yr. Growth %	-240.48	69.76	-59.76	-97.53	3.87K
Capital Expenditures, 1 Yr. Growth %	-6.51	-33.44	-16.99	182.01	97.01
Levered Free Cash Flow, 1 Yr. Growth %	-228.52	23.66	-58.8	-111.71	-535.55
Unlevered Free Cash Flow, 1 Yr. Growth %	-243.1	21.55	-56.89	-101	-6.45K
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	21.7	-12.68	-10.29	-2.51	1.21
Gross Profit, 2 Yr. CAGR %	17.54	-9.97	-8.91	-4.88	4.11
EBITDA, 2 Yr. CAGR %	54.18	1.86K	-9.41	-21.87	7.39
EBITA, 2 Yr. CAGR %	-12.82	-10.57	7.47	-13.53	-61.47
EBIT, 2 Yr. CAGR %	-12.82	-10.57	7.47	-13.53	-61.47
Earnings From Cont. Operations, 2 Yr. CAGR %	-27.99	-67.27	-19.26	181.69	9.43
Net Income, 2 Yr. CAGR %	-20.6	-71.23	-39.55	181.4	42.05
Normalized Net Income, 2 Yr. CAGR %	-30.98	-21.22	57.07	49.99	27.13
Diluted EPS Before Extra, 2 Yr. CAGR %	-22.07	-76.05	-41.44	232.4	41.25
Accounts Receivable, 2 Yr. CAGR %	-11.72	-25.12	-17.93	-0.94	10.5
Inventory, 2 Yr. CAGR %	-2.06	-10.93	-7.89	-0.28	-7.77
Net Property, Plant and Equip., 2 Yr. CAGR %	48.87	33.53	-18.09	5.07	30.67
Total Assets, 2 Yr. CAGR %	2.35	-5.41	-12.52	-5.94	6.03
Tangible Book Value, 2 Yr. CAGR %	-2.71	-21.24	12.72	-32.22	-16.61
Common Equity, 2 Yr. CAGR %	-6.83	-20.44	3.93	-27.16	-14.37
Cash From Operations, 2 Yr. CAGR %	1.2K	54.43	-17.35	-90.03	-1.02
Capital Expenditures, 2 Yr. CAGR %	2.06	-21.12	-25.67	53	135.71
Levered Free Cash Flow, 2 Yr. CAGR %	10.62	26.07	-28.63	-78.03	-28.57
Unlevered Free Cash Flow, 2 Yr. CAGR %	15.9	31.88	-27.61	-93.44	-20.34
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	28.4	7.43	-9.84	-7.34	-0.51
Gross Profit, 3 Yr. CAGR %	25.47	5.95	-7.9	-8	1.47
EBITDA, 3 Yr. CAGR %	46.05	26.41	619.53	-19.65	3.65
EBITA, 3 Yr. CAGR %	0.28	-13.66	2.94	-14.13	-41.28
EBIT, 3 Yr. CAGR %	0.28	-13.66	2.94	-14.13	-41.28
Earnings From Cont. Operations, 3 Yr. CAGR %	-10.62	-48	-36.37	29.09	42.27
Net Income, 3 Yr. CAGR %	-8.76	-44.19	-52.13	29.74	38.8
Normalized Net Income, 3 Yr. CAGR %	-39.36	13.88	-20.95	91.05	8.76
Diluted EPS Before Extra, 3 Yr. CAGR %	-9.89	-51.74	-52.63	26.93	54.61
Accounts Receivable, 3 Yr. CAGR %	7.8	-17.23	-19.64	-10.62	4.16
Inventory, 3 Yr. CAGR %	36.83	-6.56	-7.5	-5.43	-5.33
Net Property, Plant and Equip., 3 Yr. CAGR %	55.17	20.34	15.01	-4.6	13.36
Total Assets, 3 Yr. CAGR %	24.07	-2.57	-8.13	-7.91	-0.86
Tangible Book Value, 3 Yr. CAGR %	21.53	5.26	-13.83	-17.28	-10.49
Common Equity, 3 Yr. CAGR %	13.15	-1.89	-14.34	-16.74	-10.03
Cash From Operations, 3 Yr. CAGR %	337.43	558.72	-1.36	-74.36	-26.68
Capital Expenditures, 3 Yr. CAGR %	21.85	-11.5	-19.76	15.93	66.45
Levered Free Cash Flow, 3 Yr. CAGR %	131.22	14.81	-13.17	-60.92	-40.54
Unlevered Free Cash Flow, 3 Yr. CAGR %	154.39	17.75	-9.15	-82.64	-35.09
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	38.84	24.95	11.24	3.34	-5.57
Gross Profit, 5 Yr. CAGR %	29.6	18.4	10.39	1.47	-3.27
EBITDA, 5 Yr. CAGR %	39.47	18.35	20.65	4.28	236.21
EBITA, 5 Yr. CAGR %	11.96	-8.26	3.1	-13.61	-30.52
EBIT, 5 Yr. CAGR %	14.62	-6.96	3.1	-13.61	-30.52
Earnings From Cont. Operations, 5 Yr. CAGR %	26.38	-8.18	-14.18	2.21	-20.96
Net Income, 5 Yr. CAGR %	28.94	-8.2	-22.61	6.6	-26.03
Normalized Net Income, 5 Yr. CAGR %	-16.22	-13.98	-11.27	27.14	-4.4
Diluted EPS Before Extra, 5 Yr. CAGR %	27.17	-15.93	-24.16	4.43	-26.67
Accounts Receivable, 5 Yr. CAGR %	25.45	7.97	-3.34	-11.06	-8.72
Inventory, 5 Yr. CAGR %	53.54	30.79	16.8	-4.1	-7.61
Net Property, Plant and Equip., 5 Yr. CAGR %	47.45	36.93	20.18	13.98	21.04
Total Assets, 5 Yr. CAGR %	35.98	24.33	7.88	-3.93	-2.71
Tangible Book Value, 5 Yr. CAGR %	39.49	26.59	17.93	-11.74	-14.95
Common Equity, 5 Yr. CAGR %	30.07	18.19	9.37	-12.91	-14.35
Cash From Operations, 5 Yr. CAGR %	48.56	107.4	124.62	23.21	-1.23
Capital Expenditures, 5 Yr. CAGR %	89.21	11.75	-0.01	10.17	23.47
Levered Free Cash Flow, 5 Yr. CAGR %	48.64	61.53	44.49	-40.75	-19.69
Unlevered Free Cash Flow, 5 Yr. CAGR %	48.92	66.07	53.87	-62.9	-13.81
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-