Balance Sheet m-up holdings, Inc.

Equities

3661

JP3167310006

Internet Services

Market Closed - Japan Exchange Other stock markets 07:00:00 10/09/2024 BST			5-day change	1st Jan Change
1,273.00 ^JPY	+2.00%		+0.47%	+18.09%

08-21	Tranche Update on m-up holdings, Inc.'s Equity Buyback Plan announced on August 15, 2024.	CI
08-21	M-up holdings, Inc.'s Equity Buyback announced on August 15, 2024, has closed with 134,000 shares, representing 0.37% for ¥157.74 million.	CI

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Published financial data: M-UP HOLDINGS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	11.06B	12.32B	13.57B	15.94B	18.57B
Total Revenues	11.06B	12.32B	13.57B	15.94B	18.57B
Cost of Goods Sold, Total	8.13B	8.63B	9.22B	10.9B	12.52B
Gross Profit	2.93B	3.7B	4.35B	5.03B	6.06B
Selling General & Admin Expenses, Total	2.2B	2.59B	2.67B	2.96B	3.23B
Provision for Bad Debts	1M	-	3M	-	-10M
Other Operating Expenses, Total	2.2B	2.59B	2.67B	2.96B	3.22B
Operating Income	728M	1.11B	1.68B	2.08B	2.84B
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-	-	3M	-1M	-
Other Non Operating Income (Expenses)	17M	38M	21M	16M	25M
EBT, Excl. Unusual Items	745M	1.15B	1.7B	2.09B	2.86B
Gain (Loss) On Sale Of Investments	175M	21M	13M	-23M	4M
Gain (Loss) On Sale Of Assets	6M	-	-6M	-	-
Asset Writedown	-	-48M	-	-	-68M
Other Unusual Items	-1M	-	0	-	-
EBT, Incl. Unusual Items	925M	1.12B	1.71B	2.07B	2.8B
Income Tax Expense	603M	509M	633M	777M	1.03B
Earnings From Continuing Operations	322M	610M	1.08B	1.29B	1.76B
Net Income to Company	322M	610M	1.08B	1.29B	1.76B
Minority Interest	148M	23M	-102M	-197M	-283M
Net Income - (IS)	470M	633M	976M	1.09B	1.48B
Net Income to Common Incl Extra Items	470M	633M	976M	1.09B	1.48B
Net Income to Common Excl. Extra Items	470M	633M	976M	1.09B	1.48B
Per Share Items
Net EPS - Basic	12.93	17.39	27.01	30.23	41.05
Basic EPS - Continuing Operations	12.93	17.39	27.01	30.23	41.05
Basic Weighted Average Shares Outstanding	36.35M	36.41M	36.13M	36.16M	36.08M
Net EPS - Diluted	12.91	17.38	26.82	29.87	40.52
Diluted EPS - Continuing Operations	12.91	17.38	26.82	29.87	40.52
Diluted Weighted Average Shares Outstanding	36.43M	36.43M	36.14M	36.16M	36.08M
Normalized Basic EPS	16.88	20.31	26.65	30.68	41.73
Normalized Diluted EPS	16.85	20.3	26.64	30.68	41.73
Dividend Per Share	5.5	5.75	7	10	13.5
Payout Ratio	41.91	31.6	21.21	23.06	24.31
Supplemental Items
EBITDA	1.05B	1.47B	2.05B	2.57B	3.35B
EBITA	946M	1.33B	1.9B	2.29B	3.06B
EBIT	728M	1.11B	1.68B	2.08B	2.84B
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	65.19	45.49	37	37.59	36.95
Normalized Net Income	614M	739M	963M	1.11B	1.51B
Supplemental Operating Expense Items
Advertising Expense	118M	27M	351M	376M	353M
Selling and Marketing Expenses	906M	835M	1.11B	1.24B	1.31B
General and Administrative Expenses	261M	298M	311M	318M	321M
Net Rental Expense, Total	-	-	-	-	-

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.87B	4.74B	6.73B	6.93B	8.78B
Short Term Investments	-	80M	10M	-	-
Total Cash And Short Term Investments	4.87B	4.82B	6.74B	6.93B	8.78B
Accounts Receivable, Total	1.56B	1.43B	1.94B	1.87B	2.56B
Other Receivables	716M	-	-	809M	865M
Total Receivables	2.28B	1.43B	1.94B	2.68B	3.43B
Inventory	22M	36M	19M	27M	41M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	646M	1.29B	1.36B	1.8B	2.61B
Total Current Assets	7.82B	7.57B	10.06B	11.43B	14.86B
Net Property Plant And Equipment	752M	759M	1.08B	993M	1.2B
Long-term Investments	445M	1.94B	1.66B	2.3B	2.25B
Goodwill	983M	764M	546M	327M	109M
Other Intangibles, Total	483M	395M	456M	899M	590M
Loans Receivable Long-Term	86M	84M	131M	126M	111M
Deferred Tax Assets Long-Term	90M	245M	250M	363M	418M
Other Long-Term Assets, Total	3M	2M	1M	1M	2M
Total Assets	10.66B	11.76B	14.18B	16.44B	19.55B
Liabilities
Accounts Payable, Total	2.8B	2.79B	4.41B	4.57B	4.85B
Accrued Expenses, Total	75M	150M	196M	231M	233M
Current Income Taxes Payable	1.06B	1.66B	778M	947M	2.44B
Other Current Liabilities	1.63B	2.51B	3.26B	3.9B	4.67B
Total Current Liabilities	5.57B	7.1B	8.64B	9.65B	12.2B
Deferred Tax Liability Non Current	235M	155M	98M	90M	77M
Other Non Current Liabilities	47M	49M	50M	51M	136M
Total Liabilities	5.85B	7.31B	8.79B	9.79B	12.41B
Common Stock, Total	308M	310M	317M	317M	317M
Additional Paid In Capital	3.69B	3.69B	3.71B	3.82B	3.82B
Retained Earnings	614M	1.05B	1.82B	2.66B	3.78B
Treasury Stock	-	-202M	-202M	-200M	-440M
Comprehensive Income and Other	12M	-554M	-509M	-395M	-1.09B
Total Common Equity	4.62B	4.29B	5.13B	6.19B	6.38B
Minority Interest	187M	164M	264M	461M	760M
Total Equity	4.81B	4.45B	5.4B	6.66B	7.14B
Total Liabilities And Equity	10.66B	11.76B	14.18B	16.44B	19.55B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	36.46M	36.13M	36.15M	36.16M	35.8M
ECS Total Common Shares Outstanding	36.46M	36.13M	36.15M	36.16M	35.96M
Book Value / Share	126.73	118.73	141.92	171.31	177.42
Tangible Book Value	3.16B	3.13B	4.13B	4.97B	5.68B
Tangible Book Value Per Share	86.53	86.64	114.21	137.4	157.98
Total Debt	0	0	0	0	0
Net Debt	-4.87B	-4.82B	-6.74B	-6.93B	-8.78B
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	187M	164M	264M	461M	760M
Inventories - Raw Materials, Total	-	20M	6M	15M	19M
Inventories - Work In Process, Total	1M	1M	1M	1M	1M
Inventories - Finished Goods, Total	21M	15M	11M	11M	21M
Inventories - Others	-	-	1M	-	-
Full Time Employees	211	224	249	246	283
Accumulated Allowance for Doubtful Accounts (Supple)	-	1M	10M	-	-

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	926M	1.12B	1.71B	2.07B	2.8B
Depreciation & Amortization - CF	101M	144M	156M	276M	296M
Amortization of Goodwill and Intangible Assets - (CF)	218M	218M	218M	218M	218M
Depreciation & Amortization, Total	319M	362M	374M	494M	514M
(Gain) Loss From Sale Of Asset	-6M	48M	6M	-	68M
(Gain) Loss on Sale of Investments - (CF)	-174M	-21M	-13M	23M	-4M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Other Operating Activities, Total	-203M	-561M	-954M	-563M	-974M
Change In Accounts Receivable	-370M	132M	-518M	83M	-694M
Change In Inventories	6M	-14M	17M	-8M	-14M
Change In Accounts Payable	-1.06B	111M	1.11B	159M	1.49B
Change in Other Net Operating Assets	688M	798M	838M	-799M	-195M
Cash from Operations	128M	1.98B	2.57B	1.46B	2.99B
Capital Expenditure	-327M	-51M	-409M	-5M	-171M
Sale of Property, Plant, and Equipment	32M	-	14M	-	1M
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-79M	-52M	-148M	-635M	-9M
Investment in Marketable and Equity Securities, Total	-323M	-1.57B	237M	-533M	-312M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-1M	3M	-150M	104M	12M
Other Investing Activities, Total	13M	11M	-3M	-	-125M
Cash from Investing	-685M	-1.66B	-459M	-1.07B	-604M
Issuance of Common Stock	106M	1M	9M	-	-
Repurchase of Common Stock	-	-204M	-	-	-239M
Common & Preferred Stock Dividends Paid	-197M	-200M	-207M	-252M	-360M
Common & Preferred Stock Dividends Paid	-197M	-200M	-207M	-252M	-360M
Other Financing Activities, Total	195M	-	7M	103M	13M
Cash from Financing	104M	-403M	-191M	-149M	-586M
Foreign Exchange Rate Adjustments	-	-	3M	-1M	-
Miscellaneous Cash Flow Adjustments	-	-	-1M	-2M	-1M
Net Change in Cash	-453M	-84M	1.92B	236M	1.8B
Supplemental Items
Cash Income Tax Paid (Refund)	201M	562M	956M	566M	976M
Levered Free Cash Flow	-633M	2.68B	1.84B	973M	3.08B
Unlevered Free Cash Flow	-633M	2.68B	1.84B	973M	3.08B
Change In Net Working Capital	1B	-1.73B	-969M	178M	-972M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.36	6.18	8.09	8.47	9.85
Return on Total Capital	9.91	14.96	21.32	21.52	25.71
Return On Equity %	7.02	13.17	21.89	21.41	25.57
Return on Common Equity	10.49	14.21	20.72	19.3	23.56
Margin Analysis
Gross Profit Margin %	26.46	30	32.04	31.59	32.6
SG&A Margin	19.87	21.01	19.64	18.57	17.38
EBITDA Margin %	9.47	11.93	15.13	16.12	18.04
EBITA Margin %	8.55	10.76	13.98	14.39	16.45
EBIT Margin %	6.58	8.99	12.38	13.02	15.27
Income From Continuing Operations Margin %	2.91	4.95	7.94	8.09	9.5
Net Income Margin %	4.25	5.14	7.19	6.86	7.97
Net Avail. For Common Margin %	4.25	5.14	7.19	6.86	7.97
Normalized Net Income Margin	5.55	6	7.09	6.96	8.11
Levered Free Cash Flow Margin	-5.72	21.76	13.53	6.1	16.58
Unlevered Free Cash Flow Margin	-5.72	21.76	13.53	6.1	16.58
Asset Turnover
Asset Turnover	1.06	1.1	1.05	1.04	1.03
Fixed Assets Turnover	17.97	16.31	14.78	15.39	16.91
Receivables Turnover (Average Receivables)	8.02	8.23	8.06	8.37	8.39
Inventory Turnover (Average Inventory)	318.98	297.52	335.45	474	368.21
Short Term Liquidity
Current Ratio	1.4	1.07	1.16	1.19	1.22
Quick Ratio	1.28	0.88	1	1	1
Operating Cash Flow to Current Liabilities	0.02	0.28	0.3	0.15	0.25
Days Sales Outstanding (Average Receivables)	45.61	44.33	45.31	43.59	43.62
Days Outstanding Inventory (Average Inventory)	1.15	1.23	1.09	0.77	0.99
Average Days Payable Outstanding	109.98	118.13	142.62	150.18	137.6
Cash Conversion Cycle (Average Days)	-63.21	-72.57	-96.23	-105.83	-92.99
Long Term Solvency
Total Liabilities / Total Assets	54.9	62.14	61.97	59.52	63.48
Net Debt / EBITDA	-4.65	-3.28	-3.28	-2.7	-2.62
Net Debt / (EBITDA - Capex)	-6.76	-3.4	-4.1	-2.7	-2.76
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	59.86	11.43	10.13	17.4	16.55
Gross Profit, 1 Yr. Growth %	49.34	26.31	17.64	15.75	20.28
EBITDA, 1 Yr. Growth %	82.4	40.4	39.73	25.07	30.44
EBITA, 1 Yr. Growth %	83.33	40.17	43.14	20.81	33.23
EBIT, 1 Yr. Growth %	79.31	52.2	51.62	23.51	36.72
Earnings From Cont. Operations, 1 Yr. Growth %	-114.22	89.44	76.72	19.67	36.74
Net Income, 1 Yr. Growth %	-120.71	34.68	54.19	11.99	35.5
Normalized Net Income, 1 Yr. Growth %	121.83	20.47	30.27	15.19	35.74
Diluted EPS Before Extra, 1 Yr. Growth %	-118.79	34.62	54.3	11.37	35.64
Accounts Receivable, 1 Yr. Growth %	31.1	-8.57	35.66	-3.81	37.25
Inventory, 1 Yr. Growth %	-24.14	63.64	-47.22	42.11	51.85
Net Property, Plant and Equip., 1 Yr. Growth %	56.99	0.93	42.03	-7.88	21.25
Total Assets, 1 Yr. Growth %	4.39	10.33	20.61	15.91	18.9
Tangible Book Value, 1 Yr. Growth %	18.52	-0.79	31.92	20.32	14.35
Common Equity, 1 Yr. Growth %	6.57	-7.18	19.63	20.72	3
Cash From Operations, 1 Yr. Growth %	-91.12	1.44K	30.08	-43.29	105.35
Capital Expenditures, 1 Yr. Growth %	75.81	-84.4	701.96	-98.78	3.32K
Levered Free Cash Flow, 1 Yr. Growth %	-115.83	-523.62	-31.53	-47.01	216.5
Unlevered Free Cash Flow, 1 Yr. Growth %	-115.83	-523.62	-31.53	-47.01	216.5
Dividend Per Share, 1 Yr. Growth %	0	4.55	21.74	42.86	35
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	73.3	33.47	10.78	13.71	16.98
Gross Profit, 2 Yr. CAGR %	59.12	37.34	21.89	16.69	17.99
EBITDA, 2 Yr. CAGR %	73.21