Balance Sheet NJS Co., Ltd.

Equities

2325

JP3718600004

Environmental Services & Equipment

Market Closed - Japan Exchange Other stock markets 07:00:00 13/09/2024 BST			5-day change	1st Jan Change
3,495.00 ^JPY	+0.43%		-2.92%	+28.35%

08-13	NJS Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024	CI
08-13	NJS Co., Ltd. Announces Dividend for the Second Quarter of Fiscal Year Ending December 31, 2024, Payable on September 11, 2024 and Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2024	CI

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Published financial data: NJS CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	17.34B	18.95B	19.32B	19.23B	22.03B
Total Revenues	17.34B	18.95B	19.32B	19.23B	22.03B
Cost of Goods Sold, Total	10.43B	11.55B	11.74B	11.71B	14.78B
Gross Profit	6.91B	7.4B	7.57B	7.52B	7.24B
Selling General & Admin Expenses, Total	3.97B	4.17B	4.12B	4.87B	4.68B
Provision for Bad Debts	5M	34M	-20M	-	15M
R&D Expenses	660M	686M	641M	618M	790M
Depreciation & Amortization - (IS)	23M	41M	53M	92M	114M
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	7M	23M
Other Operating Expenses	-	-	-	-	19M
Other Operating Expenses, Total	4.66B	4.93B	4.79B	5.59B	5.64B
Operating Income	2.26B	2.47B	2.78B	1.93B	1.61B
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	35M	35M	40M	35M	43M
Net Interest Expenses	35M	35M	40M	35M	43M
Currency Exchange Gains (Loss)	-17M	-31M	27M	20M	19M
Other Non Operating Income (Expenses)	36M	34M	11M	22M	35M
EBT, Excl. Unusual Items	2.31B	2.51B	2.86B	2.01B	1.7B
Gain (Loss) On Sale Of Investments	55M	-	-25M	72M	-
Gain (Loss) On Sale Of Assets	1M	-1M	-4M	-2M	1.3B
Asset Writedown	-	-	-	-	-166M
Legal Settlements	-26M	-	-	-	-
Other Unusual Items	106M	-47M	20M	468M	27M
EBT, Incl. Unusual Items	2.45B	2.46B	2.85B	2.55B	2.87B
Income Tax Expense	770M	756M	919M	822M	861M
Earnings From Continuing Operations	1.68B	1.7B	1.93B	1.73B	2.01B
Net Income to Company	1.68B	1.7B	1.93B	1.73B	2.01B
Minority Interest	-	-	-1M	-1M	-9M
Net Income - (IS)	1.68B	1.7B	1.93B	1.73B	2B
Net Income to Common Incl Extra Items	1.68B	1.7B	1.93B	1.73B	2B
Net Income to Common Excl. Extra Items	1.68B	1.7B	1.93B	1.73B	2B
Per Share Items
Net EPS - Basic	174.89	178.68	202.37	180.96	209.31
Basic EPS - Continuing Operations	174.89	178.68	202.37	180.96	209.31
Basic Weighted Average Shares Outstanding	9.59M	9.53M	9.53M	9.54M	9.54M
Net EPS - Diluted	174.89	178.68	202.37	180.96	209.31
Diluted EPS - Continuing Operations	174.89	178.68	202.37	180.96	209.31
Diluted Weighted Average Shares Outstanding	9.59M	9.53M	9.53M	9.54M	9.54M
Normalized Basic EPS	150.63	164.4	187.29	131.67	110.68
Normalized Diluted EPS	150.63	164.4	187.29	131.67	110.68
Dividend Per Share	50	55	65	75	85
Payout Ratio	28.98	28.54	29.7	38.7	38.26
Supplemental Items
EBITDA	2.45B	2.66B	3B	2.21B	1.97B
EBITA	2.26B	2.47B	2.78B	1.94B	1.63B
EBIT	2.26B	2.47B	2.78B	1.93B	1.61B
EBITDAR	2.72B	2.92B	3.24B	2.48B	2.24B
Effective Tax Rate - (Ratio)	31.47	30.74	32.26	32.25	30.03
Normalized Net Income	1.44B	1.57B	1.79B	1.26B	1.06B
Non-Cash Pension Expense	44.58M	128M	40.19M	56.8M	-133M
Supplemental Operating Expense Items
General and Administrative Expenses	310M	309M	306M	281M	296M
Research And Development Expense From Footnotes	660M	686M	641M	618M	790M
Net Rental Expense, Total	270M	263M	244M	274M	271M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	13.07B	14.34B	13.46B	13.98B	17.19B
Short Term Investments	-	100M	-	-	-
Total Cash And Short Term Investments	13.07B	14.44B	13.46B	13.98B	17.19B
Accounts Receivable, Total	1.66B	1.3B	3.29B	1.47B	1.52B
Total Receivables	1.66B	1.3B	3.29B	1.47B	1.52B
Inventory	4.82B	4.05B	4.49B	1.72B	613M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	480M	379M	460M	4.37B	4.88B
Total Current Assets	20.03B	20.17B	21.7B	21.54B	24.2B
Net Property Plant And Equipment	2.26B	2.2B	2.64B	3.07B	1.18B
Long-term Investments	2.23B	2.22B	1.98B	2.22B	2.82B
Goodwill	-	-	-	110M	87M
Other Intangibles, Total	232M	304M	449M	603M	642M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	791M	768M	749M	628M	568M
Other Long-Term Assets, Total	2M	2M	2M	2M	-
Total Assets	25.54B	25.67B	27.52B	28.18B	29.49B
Liabilities
Accounts Payable, Total	834M	630M	1.14B	1.38B	785M
Accrued Expenses, Total	635M	498M	659M	770M	778M
Current Portion of Long-Term Debt	14M	7M	2M	1M	-
Current Income Taxes Payable	255M	403M	611M	334M	592M
Unearned Revenue Current, Total	1.39B	930M	720M	-	-
Other Current Liabilities	1.56B	1.67B	1.7B	1.75B	2.02B
Total Current Liabilities	4.7B	4.14B	4.83B	4.24B	4.17B
Long-Term Debt	12M	4M	1M	-	-
Pension & Other Post Retirement Benefits	1.28B	1.11B	923M	570M	549M
Deferred Tax Liability Non Current	5M	5M	7M	38M	38M
Other Non Current Liabilities	231M	249M	249M	250M	185M
Total Liabilities	6.22B	5.51B	6.01B	5.1B	4.94B
Common Stock, Total	520M	520M	520M	520M	520M
Additional Paid In Capital	300M	300M	300M	276M	276M
Retained Earnings	18.49B	19.71B	21.06B	22.47B	23.7B
Treasury Stock	-459M	-806M	-806M	-792M	-792M
Comprehensive Income and Other	455M	418M	379M	552M	781M
Total Common Equity	19.31B	20.14B	21.45B	23.03B	24.49B
Minority Interest	13M	18M	50M	52M	61M
Total Equity	19.32B	20.16B	21.5B	23.08B	24.55B
Total Liabilities And Equity	25.54B	25.67B	27.52B	28.18B	29.49B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	9.71M	9.53M	9.53M	9.54M	9.54M
ECS Total Common Shares Outstanding	9.71M	9.53M	9.53M	9.54M	9.54M
Book Value / Share	1.99K	2.11K	2.25K	2.41K	2.57K
Tangible Book Value	19.07B	19.83B	21B	22.32B	23.76B
Tangible Book Value Per Share	1.96K	2.08K	2.2K	2.34K	2.49K
Total Debt	26M	11M	3M	1M	0
Net Debt	-13.04B	-14.43B	-13.46B	-13.98B	-17.19B
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.26B	1.09B	899M	534M	511M
Debt Equivalent Oper. Leases	2.16B	2.1B	1.95B	2.19B	2.17B
Minority Interest, Total (Incl. Fin. Div)	13M	18M	50M	52M	61M
Inventories - Work In Process, Total	4.82B	4.05B	4.49B	1.72B	613M
Full Time Employees	814	867	934	1.14K	1.36K
Accumulated Allowance for Doubtful Accounts (Supple)	31M	42M	25M	30M	28M
Order Backlog	23.98B	23.97B	23.12B	19.19B	20.04B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	2.45B	2.46B	2.85B	2.55B	2.87B
Depreciation & Amortization - CF	189M	188M	218M	270M	343M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	7M	23M
Depreciation & Amortization, Total	189M	188M	218M	277M	366M
(Gain) Loss From Sale Of Asset	-1M	1M	4M	2M	-1.13B
(Gain) Loss on Sale of Investments - (CF)	-	-	25M	1M	-
Other Operating Activities, Total	-1.38B	-543M	-574M	-520M	-615M
Change In Accounts Receivable	-130M	310M	-1.94B	-2.03B	-514M
Change In Inventories	-495M	762M	-426M	2.85B	1.12B
Change In Accounts Payable	-69M	46M	366M	105M	-419M
Change in Other Net Operating Assets	-320M	-723M	-299M	-1.28B	-124M
Cash from Operations	239M	2.5B	227M	1.95B	1.55B
Capital Expenditure	-123M	-107M	-460M	-725M	-254M
Sale of Property, Plant, and Equipment	1M	1M	-	-	3.1B
Cash Acquisitions	-19M	-	-	51M	-
Sale (Purchase) of Intangible assets	-149M	-127M	-239M	-277M	-243M
Investment in Marketable and Equity Securities, Total	51M	-109M	144M	-13M	-10M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	15M	-29M	4M	14M	-174M
Cash from Investing	-224M	-371M	-551M	-950M	2.42B
Repurchase of Common Stock	-	-354M	-	-	-
Common & Preferred Stock Dividends Paid	-486M	-486M	-573M	-668M	-764M
Common & Preferred Stock Dividends Paid	-486M	-486M	-573M	-668M	-764M
Other Financing Activities, Total	-49M	-12M	17M	-198M	-7M
Cash from Financing	-535M	-852M	-556M	-866M	-771M
Foreign Exchange Rate Adjustments	-24M	-2M	-1M	15M	9M
Miscellaneous Cash Flow Adjustments	-1M	-3M	-1M	367M	1M
Net Change in Cash	-545M	1.27B	-882M	519M	3.21B
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	1.48B	556M	616M	991M	643M
Levered Free Cash Flow	282M	2.18B	-560M	571M	1.36B
Unlevered Free Cash Flow	282M	2.18B	-560M	571M	1.36B
Change In Net Working Capital	1.05B	-681M	1.82B	-87M	-483M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	5.56	6.03	6.53	4.34	3.48
Return on Total Capital	7.53	7.81	8.34	5.42	4.22
Return On Equity %	8.96	8.63	9.27	7.75	8.42
Return on Common Equity	8.96	8.64	9.28	7.76	8.4
Margin Analysis
Gross Profit Margin %	39.86	39.04	39.21	39.13	32.89
SG&A Margin	22.88	22	21.33	25.34	21.23
EBITDA Margin %	14.11	14.02	15.52	11.5	8.96
EBITA Margin %	13.02	13.03	14.39	10.09	7.4
EBIT Margin %	13.02	13.03	14.39	10.06	7.3
Income From Continuing Operations Margin %	9.67	8.99	9.99	8.98	9.11
Net Income Margin %	9.67	8.99	9.99	8.98	9.07
Net Avail. For Common Margin %	9.67	8.99	9.99	8.98	9.07
Normalized Net Income Margin	8.33	8.27	9.24	6.53	4.79
Levered Free Cash Flow Margin	1.62	11.49	-2.9	2.97	6.16
Unlevered Free Cash Flow Margin	1.62	11.49	-2.9	2.97	6.16
Asset Turnover
Asset Turnover	0.68	0.74	0.73	0.69	0.76
Fixed Assets Turnover	7.75	8.51	7.98	6.74	10.37
Receivables Turnover (Average Receivables)	11.13	12.82	8.42	8.08	14.72
Inventory Turnover (Average Inventory)	2.28	2.6	2.75	3.77	12.67
Short Term Liquidity
Current Ratio	4.26	4.87	4.49	5.08	5.8
Quick Ratio	3.14	3.8	3.47	3.64	4.49
Operating Cash Flow to Current Liabilities	0.05	0.6	0.05	0.46	0.37
Days Sales Outstanding (Average Receivables)	32.78	28.54	43.37	45.18	24.79
Days Outstanding Inventory (Average Inventory)	159.98	140.54	132.74	96.8	28.8
Average Days Payable Outstanding	26.33	24.85	26.52	51.54	28.94
Cash Conversion Cycle (Average Days)	166.43	144.24	149.59	90.44	24.65
Long Term Solvency
Total Debt/Equity	0.13	0.05	0.01	0	-
Total Debt / Total Capital	0.13	0.05	0.01	0	-
LT Debt/Equity	0.06	0.02	0	-	-
Long-Term Debt / Total Capital	0.06	0.02	0	-	-
Total Liabilities / Total Assets	24.37	21.47	21.85	18.09	16.76
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	0.01	0	0	0	-
Net Debt / EBITDA	-5.33	-5.43	-4.49	-6.32	-8.71
Total Debt / (EBITDA - Capex)	0.01	0	0	0	-
Net Debt / (EBITDA - Capex)	-5.62	-5.66	-5.3	-9.41	-10
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-5.06	9.28	1.92	-0.43	14.54
Gross Profit, 1 Yr. Growth %	-6.11	7.03	2.37	-0.65	-3.73
EBITDA, 1 Yr. Growth %	-19.78	8.63	12.83	-26.25	-10.76
EBITA, 1 Yr. Growth %	-21.82	9.39	12.6	-30.18	-16.02
EBIT, 1 Yr. Growth %	-21.82	9.39	12.6	-30.43	-16.91
Earnings From Cont. Operations, 1 Yr. Growth %	-12.97	1.55	13.33	-10.52	16.16
Net Income, 1 Yr. Growth %	-12.97	1.55	13.27	-10.52	15.7
Normalized Net Income, 1 Yr. Growth %