Cash flow Seino Holdings Co., Ltd.

Equities

9076

JP3415400005

Air Freight & Logistics

Delayed Japan Exchange Other stock markets 10:30:00 2025-06-16 pm EDT			5-day change	1st Jan Change
2,195.50 ^JPY	-0.54%		+0.48%	-7.50%

May. 14	Seino Holdings Co., Ltd. Provides Consolidated Earnings Guidance for Six Months Ending September 30, 2025 and Fiscal Year Ending March 31, 2026	CI
Mar. 06	Tranche Update on Seino Holdings Co., Ltd.'s Equity Buyback Plan announced on February 3, 2025.	CI

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Published financial data: SEINO HOLDINGS CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	627B	592B	608B	632B	643B
Total Revenues	627B	592B	608B	632B	643B
Cost of Goods Sold, Total	555B	526B	536B	555B	569B
Gross Profit	71.83B	66.19B	71.58B	76.51B	73.6B
Selling General & Admin Expenses, Total	38.39B	37.67B	39.76B	43.18B	45.36B
Provision for Bad Debts	84M	33M	162M	123M	-35M
Depreciation & Amortization - (IS)	2.28B	2.29B	2.32B	2.51B	2.73B
Amortization of Goodwill and Intangible Assets - (IS)	1.64B	1.64B	1.79B	2.19B	2.13B
Other Operating Expenses, Total	42.39B	41.63B	44.03B	48.01B	50.19B
Operating Income	29.44B	24.56B	27.55B	28.5B	23.4B
Interest Expense, Total	-457M	-407M	-434M	-424M	-412M
Interest And Investment Income	787M	1.54B	859M	977M	973M
Net Interest Expenses	330M	1.13B	425M	553M	561M
Income (Loss) On Equity Invest.	-26M	442M	1.56B	2.45B	-229M
Other Non Operating Income (Expenses)	1.5B	1.62B	738M	1.19B	759M
EBT, Excl. Unusual Items	31.25B	27.75B	30.27B	32.69B	24.5B
Gain (Loss) On Sale Of Investments	25M	628M	30M	146M	548M
Gain (Loss) On Sale Of Assets	15.46B	-652M	-671M	-1.09B	-410M
Asset Writedown	-542M	-53M	-1.14B	-787M	-492M
Other Unusual Items	-6.55B	-54M	-143M	391M	1.48B
EBT, Incl. Unusual Items	39.64B	27.62B	28.34B	31.35B	25.62B
Income Tax Expense	14.1B	10.78B	10.7B	11.89B	11.15B
Earnings From Continuing Operations	25.54B	16.84B	17.65B	19.46B	14.47B
Net Income to Company	25.54B	16.84B	17.65B	19.46B	14.47B
Minority Interest	140M	-184M	-391M	-447M	94M
Net Income - (IS)	25.68B	16.66B	17.26B	19.01B	14.56B
Net Income to Common Incl Extra Items	25.68B	16.66B	17.26B	19.01B	14.56B
Net Income to Common Excl. Extra Items	25.68B	16.66B	17.26B	19.01B	14.56B
Per Share Items
Net EPS - Basic	127.57	89.31	94.59	104.88	83.72
Basic EPS - Continuing Operations	127.57	89.31	94.59	104.88	83.72
Basic Weighted Average Shares Outstanding	201M	187M	182M	181M	174M
Net EPS - Diluted	127.57	89.29	88.78	98.4	78.16
Diluted EPS - Continuing Operations	127.57	89.29	88.78	98.4	78.16
Diluted Weighted Average Shares Outstanding	201M	187M	194M	193M	186M
Normalized Basic EPS	97.72	91.99	101.56	110.23	88.56
Normalized Diluted EPS	97.72	91.97	95.52	103.61	82.88
Dividend Per Share	39	27	29	56	100
Payout Ratio	25.41	44.97	28.55	27.62	106.94
Supplemental Items
EBITDA	51.27B	46.55B	50.82B	52.25B	47.23B
EBITA	31.08B	26.2B	29.33B	30.69B	25.54B
EBIT	29.44B	24.56B	27.55B	28.5B	23.4B
Effective Tax Rate - (Ratio)	35.57	39.01	37.74	37.93	43.52
Normalized Net Income	19.67B	17.16B	18.53B	19.98B	15.4B
Non-Cash Pension Expense	1.5B	1.53B	1.35B	1.27B	1.1B
Supplemental Operating Expense Items
Advertising Expense	1.42B	1.39B	1.56B	1.68B	1.45B
Selling and Marketing Expenses	1.42B	1.39B	1.56B	1.68B	1.45B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	95.85B	76.45B	94.49B	107B	80.28B
Short Term Investments	14.21B	26.6B	14B	3B	3.19B
Total Cash And Short Term Investments	110B	103B	108B	110B	83.47B
Accounts Receivable, Total	120B	120B	118B	119B	114B
Total Receivables	120B	120B	118B	119B	114B
Inventory	13.78B	13.54B	11.24B	16.39B	20.61B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	5.72B	5.92B	7.55B	10.5B	12.19B
Total Current Assets	250B	243B	246B	255B	230B
Net Property Plant And Equipment	316B	335B	342B	343B	346B
Long-term Investments	56.77B	64.31B	66.44B	71.84B	88.91B
Goodwill	13.09B	11.48B	11.13B	11.6B	9.47B
Other Intangibles, Total	4.61B	4.98B	5.43B	5.9B	5.86B
Loans Receivable Long-Term	224M	225M	232M	243M	256M
Deferred Tax Assets Long-Term	16.73B	13.94B	14.78B	15.65B	9B
Other Long-Term Assets, Total	1M	1M	1M	1M	2M
Total Assets	657B	672B	685B	704B	690B
Liabilities
Accounts Payable, Total	48.71B	48.64B	48.91B	49.87B	58.96B
Accrued Expenses, Total	16.35B	15.89B	15.97B	16.11B	16.44B
Short-term Borrowings	4.13B	4.47B	3.24B	4.76B	3.75B
Current Portion of Long-Term Debt	967M	966M	1.22B	1.17B	1.56B
Current Income Taxes Payable	28.44B	27.94B	28.7B	29.17B	27.48B
Other Current Liabilities	18.85B	13.09B	11.93B	11.88B	11.64B
Total Current Liabilities	117B	111B	110B	113B	120B
Long-Term Debt	9.18B	33.53B	35.02B	34.54B	32.03B
Pension & Other Post Retirement Benefits	81.29B	83.01B	83.94B	84.97B	78.95B
Deferred Tax Liability Non Current	2.44B	3.02B	3B	2.96B	2.65B
Other Non Current Liabilities	16.96B	19.06B	19.81B	18.73B	20.48B
Total Liabilities	227B	250B	252B	254B	254B
Common Stock, Total	42.48B	42.48B	42.48B	42.48B	42.48B
Additional Paid In Capital	83.74B	81.62B	80.94B	80.87B	77.18B
Retained Earnings	309B	321B	333B	346B	321B
Treasury Stock	-15.84B	-35.5B	-37.14B	-36.42B	-37.59B
Comprehensive Income and Other	3.57B	9.47B	10.75B	11.5B	26.96B
Total Common Equity	423B	419B	430B	445B	430B
Minority Interest	6.65B	3.37B	3.63B	4.88B	5.19B
Total Equity	430B	423B	434B	450B	436B
Total Liabilities And Equity	657B	672B	685B	704B	690B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	196M	182M	181M	182M	168M
ECS Total Common Shares Outstanding	196M	182M	181M	182M	168M
Book Value / Share	2.16K	2.3K	2.38K	2.45K	2.56K
Tangible Book Value	406B	403B	413B	427B	415B
Tangible Book Value Per Share	2.07K	2.21K	2.28K	2.35K	2.47K
Total Debt	14.28B	38.97B	39.48B	40.47B	37.34B
Net Debt	-95.78B	-64.09B	-69.01B	-69.28B	-46.13B
Debt Equivalent of Unfunded Proj. Benefit Obligation	79.78B	81.44B	82.33B	83.14B	77.18B
Minority Interest, Total (Incl. Fin. Div)	6.65B	3.37B	3.63B	4.88B	5.19B
Inventories - Raw Materials, Total	768M	716M	796M	912M	903M
Inventories - Work In Process, Total	1.28B	1.49B	680M	974M	1.05B
Inventories - Finished Goods, Total	11.73B	11.34B	9.76B	14.5B	18.66B
Inventories - Others	1M	2M	1M	1M	1M
Full Time Employees	29.31K	29.41K	29.75K	29.64K	28.85K
Accumulated Allowance for Doubtful Accounts (Supple)	262M	212M	345M	445M	348M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	39.64B	27.62B	28.34B	31.35B	25.62B
Depreciation & Amortization - CF	20.2B	20.35B	21.49B	21.55B	21.69B
Amortization of Goodwill and Intangible Assets - (CF)	1.64B	1.64B	1.79B	2.19B	2.13B
Depreciation & Amortization, Total	21.83B	21.99B	23.28B	23.75B	23.82B
(Gain) Loss From Sale Of Asset	-14.92B	705M	1.81B	1.87B	901M
(Gain) Loss on Sale of Investments - (CF)	-25M	-628M	-30M	-146M	-548M
(Income) Loss On Equity Investments - (CF)	26M	-442M	-1.56B	-2.45B	229M
Other Operating Activities, Total	-15.33B	-12.4B	-9.88B	-13.05B	-12.73B
Change In Accounts Receivable	913M	-766M	-1.15B	1.45B	4.94B
Change In Inventories	-691M	214M	1.81B	-5.03B	-3.89B
Change In Accounts Payable	-5.44B	-130M	316M	-501M	8.55B
Change in Other Net Operating Assets	8.95B	2.52B	2.59B	2.02B	1.55B
Cash from Operations	34.96B	38.68B	45.53B	39.27B	48.44B
Capital Expenditure	-34.69B	-35.45B	-29.38B	-24.93B	-23.4B
Sale of Property, Plant, and Equipment	23.4B	330M	595M	386M	1B
Cash Acquisitions	-148M	-257M	-1.55B	-209M	-
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-5.27B	7.98B	-1.07B	-3.37B	-1.52B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-8M	-11M	-12M	-8M	-17M
Other Investing Activities, Total	-1.33B	-558M	-377M	-1.45B	-1.58B
Cash from Investing	-18.05B	-27.97B	-31.79B	-29.59B	-25.51B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	200M	25.39B	11.04B	630M	-
Total Debt Issued	200M	25.39B	11.04B	630M	-
Short Term Debt Repaid, Total	-1.14B	-422M	-480M	-482M	-1.01B
Long-Term Debt Repaid, Total	-1.81B	-1.04B	-9.59B	-2.03B	-2.07B
Total Debt Repaid	-2.95B	-1.46B	-10.07B	-2.51B	-3.08B
Issuance of Common Stock	606M	2M	-	607M	617M
Repurchase of Common Stock	-11.99B	-20B	-1.81B	-80M	-30B
Common & Preferred Stock Dividends Paid	-6.52B	-7.49B	-4.93B	-5.25B	-15.57B
Common & Preferred Stock Dividends Paid	-6.52B	-7.49B	-4.93B	-5.25B	-15.57B
Other Financing Activities, Total	-1.26B	-6.93B	-2.11B	-1.56B	-612M
Cash from Financing	-21.92B	-10.49B	-7.88B	-8.17B	-48.65B
Foreign Exchange Rate Adjustments	30M	-27M	-10M	27M	27M
Miscellaneous Cash Flow Adjustments	-	-1M	-1M	-	1M
Net Change in Cash	-4.98B	201M	5.84B	1.54B	-25.69B
Supplemental Items
Cash Interest Paid	444M	389M	417M	446M	429M
Cash Income Tax Paid (Refund)	15.76B	12.32B	10.1B	13.46B	13.19B
Levered Free Cash Flow	-5.97B	-5.05B	13.37B	9.29B	21.07B
Unlevered Free Cash Flow	-5.69B	-4.79B	13.64B	9.55B	21.32B
Change In Net Working Capital	11.23B	6.68B	-2.53B	7.08B	-6.27B
Net Debt Issued / Repaid	-2.75B	23.93B	968M	-1.88B	-3.08B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.8	2.31	2.54	2.56	2.1
Return on Total Capital	4.15	3.39	3.68	3.7	3.04
Return On Equity %	5.97	3.95	4.12	4.41	3.27
Return on Common Equity	6.09	3.95	4.06	4.35	3.33
Margin Analysis
Gross Profit Margin %	11.45	11.18	11.78	12.12	11.45
SG&A Margin	6.12	6.36	6.54	6.84	7.06
EBITDA Margin %	8.18	7.86	8.36	8.27	7.35
EBITA Margin %	4.96	4.43	4.83	4.86	3.97
EBIT Margin %	4.69	4.15	4.53	4.51	3.64
Income From Continuing Operations Margin %	4.07	2.84	2.9	3.08	2.25
Net Income Margin %	4.09	2.81	2.84	3.01	2.27
Net Avail. For Common Margin %	4.09	2.81	2.84	3.01	2.27
Normalized Net Income Margin	3.14	2.9	3.05	3.16	2.4
Levered Free Cash Flow Margin	-0.95	-0.85	2.2	1.47	3.28
Unlevered Free Cash Flow Margin	-0.91	-0.81	2.24	1.51	3.32
Asset Turnover
Asset Turnover	0.95	0.89	0.9	0.91	0.92
Fixed Assets Turnover	2	1.82	1.8	1.84	1.87
Receivables Turnover (Average Receivables)	5.2	4.92	5.1	5.33	5.52
Inventory Turnover (Average Inventory)	41.22	38.49	43.27	40.18	30.77
Short Term Liquidity
Current Ratio	2.13	2.19	2.23	2.26	1.92
Quick Ratio	1.96	2.01	2.06	2.02	1.65
Operating Cash Flow to Current Liabilities	0.3	0.35	0.41	0.35	0.4
Days Sales Outstanding (Average Receivables)	70.32	74.13	71.63	68.52	66.3
Days Outstanding Inventory (Average Inventory)	8.88	9.48	8.44	9.08	11.9
Average Days Payable Outstanding	33.95	33.8	33.35	32.19	34.73
Cash Conversion Cycle (Average Days)	45.25	49.81	46.71	45.42	43.46
Long Term Solvency
Total Debt/Equity	3.32	9.22	9.11	9	8.57
Total Debt / Total Capital	3.21	8.44	8.35	8.26	7.9
LT Debt/Equity	2.14	7.93	8.08	7.68	7.35
Long-Term Debt / Total Capital	2.07	7.26	7.4	7.05	6.77
Total Liabilities / Total Assets	34.59	37.13	36.74	36.11	36.83
EBIT / Interest Expense	64.42	60.35	63.47	67.22	56.81
EBITDA / Interest Expense	112.19	114.38	117.1	123.23	114.63
(EBITDA - Capex) / Interest Expense	36.28	27.27	49.4	64.43	57.83
Total Debt / EBITDA	0.28	0.84	0.78	0.77	0.79
Net Debt / EBITDA	-1.87	-1.38	-1.36	-1.33	-0.98
Total Debt / (EBITDA - Capex)	0.86	3.51	1.84	1.48	1.57
Net Debt / (EBITDA - Capex)	-5.78	-5.77	-3.22	-2.54	-1.94
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	1.41	-5.59	2.64	3.92	1.79
Gross Profit, 1 Yr. Growth %	-0.13	-7.84	8.14	6.89	-3.8
EBITDA, 1 Yr. Growth %	-0.72	-9.21	9.18	2.8	-9.61
EBITA, 1 Yr. Growth %	-4.81	-15.69	11.97	4.64	-16.8
EBIT, 1 Yr. Growth %	-5.67	-16.57	12.15	3.47	-17.89
Earnings From Cont. Operations, 1 Yr. Growth %	21.05	-34.04	4.76	10.28	-25.66
Net Income, 1 Yr. Growth %	21.03	-35.12	3.57	10.19	-23.42
Normalized Net Income, 1 Yr. Growth %	-6.95	-12.76	7.96	7.86	-22.92
Diluted EPS Before Extra, 1 Yr. Growth %	21.67	-30.01	-0.57	10.83	-20.57
Accounts Receivable, 1 Yr. Growth %	-0.34	-0.08	-1.57	0.42	-3.96
Inventory, 1 Yr. Growth %	4.63	-1.7	-17.04	45.85	25.79
Net Property, Plant and Equip., 1 Yr. Growth %	1.72	5.89	2.11	0.45	0.71
Total Assets, 1 Yr. Growth %	-0.11	2.28	1.94	2.72	-2.04
Tangible Book Value, 1 Yr. Growth %	1.24	-0.68	2.62	3.39	-2.87
Common Equity, 1 Yr. Growth %	0.88	-0.95	2.54	3.48	-3.25
Cash From Operations, 1 Yr. Growth %	-27.17	10.65	17.69	-13.73	23.34
Capital Expenditures, 1 Yr. Growth %	13.3	2.19	-17.12	-15.15	-6.14
Levered Free Cash Flow, 1 Yr. Growth %	-126.16	-15.5	-364.8	-30.53	126.83
Unlevered Free Cash Flow, 1 Yr. Growth %	-124.68	-15.73	-384.51	-29.97	123.23
Dividend Per Share, 1 Yr. Growth %	21.88	-30.77	7.41	93.1	78.57
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.57	-2.16	-1.56	3.28	2.85
Gross Profit, 2 Yr. CAGR %	3.59	-4.06	-0.17	7.51	1.4
EBITDA, 2 Yr. CAGR %	4.65	-5.06	-0.44	5.94	-3.6
EBITA, 2 Yr. CAGR %	3.44	-10.42	-2.84	8.24	-6.69
EBIT, 2 Yr. CAGR %	2.76	-11.29	-3.27	7.72	-7.82
Earnings From Cont. Operations, 2 Yr. CAGR %	12.99	-10.64	-16.87	7.49	-9.45
Net Income, 2 Yr. CAGR %	13.18	-11.39	-18.02	6.83	-8.14
Normalized Net Income, 2 Yr. CAGR %	3.84	-9.9	-2.95	7.91	-8.82
Diluted EPS Before Extra, 2 Yr. CAGR %	13.81	-7.72	-16.57	4.98	-6.18
Accounts Receivable, 2 Yr. CAGR %	0.3	-0.21	-0.83	-0.58	-1.79
Inventory, 2 Yr. CAGR %	-3.8	1.42	-9.69	10	35.45
Net Property, Plant and Equip., 2 Yr. CAGR %	3.44	3.79	3.99	1.28	0.58
Total Assets, 2 Yr. CAGR %	2.22	1.08	2.11	2.33	0.31
Tangible Book Value, 2 Yr. CAGR %	3.19	0.27	0.95	3	0.21
Common Equity, 2 Yr. CAGR %	3.01	-0.03	0.78	3.01	0.06
Cash From Operations, 2 Yr. CAGR %	-7.98	-10.23	14.11	0.76	3.15
Capital Expenditures, 2 Yr. CAGR %	36.74	7.6	-7.97	-16.14	-10.76
Levered Free Cash Flow, 2 Yr. CAGR %	-44.53	-52.98	49.59	35.63	25.53
Unlevered Free Cash Flow, 2 Yr. CAGR %	-46.07	-54.39	54.84	41.16	25.03
Dividend Per Share, 2 Yr. CAGR %	14.02	-8.14	-13.77	44.02	85.7
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.38	-0.23	-0.58	0.23	2.78
Gross Profit, 3 Yr. CAGR %	3.44	-0.37	-0.16	2.13	3.6
EBITDA, 3 Yr. CAGR %	4.29	-0.19	-0.53	0.63	0.48
EBITA, 3 Yr. CAGR %	3.26	-3.38	-3.5	-0.41	-0.85
EBIT, 3 Yr. CAGR %	2.78	-4.14	-4.08	-1.07	-1.6
Earnings From Cont. Operations, 3 Yr. CAGR %	11.74	-5.57	-5.78	-8.66	-4.94
Net Income, 3 Yr. CAGR %	12.14	-5.98	-6.66	-9.53	-4.39
Normalized Net Income, 3 Yr. CAGR %	3.06	-2.02	-4.3	0.53	-3.54
Diluted EPS Before Extra, 3 Yr. CAGR %	12.74	-3.22	-5.39	-8.29	-4.34
Accounts Receivable, 3 Yr. CAGR %	2.27	0.17	-0.67	-0.41	-1.72
Inventory, 3 Yr. CAGR %	3.17	-3.11	-5.15	5.95	15.03
Net Property, Plant and Equip., 3 Yr. CAGR %	2.82	4.25	3.23	2.79	1.09
Total Assets, 3 Yr. CAGR %	3.41	2.24	1.36	2.31	0.85
Tangible Book Value, 3 Yr. CAGR %	4.38	1.89	1.05	1.76	1
Common Equity, 3 Yr. CAGR %	4.1	1.67	0.81	1.67	0.88
Cash From Operations, 3 Yr. CAGR %	0.09	-2.15	-1.75	3.95	7.78
Capital Expenditures, 3 Yr. CAGR %	29.06	24.09	-1.37	-10.43	-12.93
Levered Free Cash Flow, 3 Yr. CAGR %	-27.93	-36.17	-16.35	15.84	60.99
Unlevered Free Cash Flow, 3 Yr. CAGR %	-29.32	-37.42	-16.04	18.86	64.46
Dividend Per Share, 3 Yr. CAGR %	13.04	-3.45	-3.23	12.82	54.72
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.94	1.28	1.38	1.16	0.78
Gross Profit, 5 Yr. CAGR %	5.56	1.1	1.98	2.71	0.46
EBITDA, 5 Yr. CAGR %	7.19	1.57	2.37	2.22	-1.77
EBITA, 5 Yr. CAGR %	7.76	-0.62	0.77	1.11	-4.79
EBIT, 5 Yr. CAGR %	6.6	-1.27	0.31	0.44	-5.59
Earnings From Cont. Operations, 5 Yr. CAGR %	11.26	-2.04	-0.73	-0.55	-7.27
Net Income, 5 Yr. CAGR %	12.18	-2.45	-1.07	-1.05	-7.25
Normalized Net Income, 5 Yr. CAGR %	6.78	-0.8	0.61	1.84	-6.13
Diluted EPS Before Extra, 5 Yr. CAGR %	12.65	-0.55	-0.05	-0.02	-5.71
Accounts Receivable, 5 Yr. CAGR %	2.75	1.96	1.02	-0.13	-1.12
Inventory, 5 Yr. CAGR %	6.69	4.71	-2.18	1.94	9.38
Net Property, Plant and Equip., 5 Yr. CAGR %	2.81	2.89	3.28	3.05	2.16
Total Assets, 5 Yr. CAGR %	3.68	3.01	2.89	2.27	0.94
Tangible Book Value, 5 Yr. CAGR %	3.01	3.14	3	2.33	0.71
Common Equity, 5 Yr. CAGR %	3.65	2.82	2.76	2.2	0.51
Cash From Operations, 5 Yr. CAGR %	13.58	4.77	5.48	-0.99	0.18
Capital Expenditures, 5 Yr. CAGR %	14.27	8.23	12.73	6.08	-5.24
Levered Free Cash Flow, 5 Yr. CAGR %	2.1	-13.5	-3.48	-13.71	-1.6
Unlevered Free Cash Flow, 5 Yr. CAGR %	1.16	-14.59	-3.27	-13.35	-1.54
Dividend Per Share, 5 Yr. CAGR %	28.81	-0.72	1.44	13.3	25.59