Balance Sheet Wacoal Holdings Corp.

Equities

3591

JP3992400006

Apparel & Accessories

Market Closed - Japan Exchange Other stock markets 06:30:00 21/01/2025 GMT			5-day change	1st Jan Change
5,478.00 ^JPY	+1.59%		+1.94%	+1.35%

01-14	Tranche Update on Wacoal Holdings Corp.'s Equity Buyback Plan announced on May 15, 2024.	CI
12-11	Wacoal Holdings Buys Back 405,700 Shares	MT

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Published financial data: WACOAL HOLDINGS CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	187B	152B	173B	189B	187B
Total Revenues	187B	152B	173B	189B	187B
Cost of Goods Sold, Total	84.96B	67.8B	76.61B	82.19B	83.12B
Gross Profit	102B	84.41B	96.25B	106B	104B
Selling General & Admin Expenses, Total	94.66B	85.06B	90.79B	91.28B	90.25B
R&D Expenses	508M	463M	446M	-	-
Depreciation & Amortization - (IS)	-	-	-	11.02B	10.33B
Other Operating Expenses	-	-	-	213M	-553M
Other Operating Expenses, Total	95.17B	85.52B	91.24B	103B	100B
Operating Income	6.63B	-1.12B	5.01B	3.89B	4.06B
Interest Expense, Total	-19M	-78M	-62M	-280M	-305M
Interest And Investment Income	1.68B	1.19B	1.36B	1.36B	1.71B
Net Interest Expenses	1.66B	1.11B	1.3B	1.08B	1.41B
Income (Loss) On Equity Invest.	62M	93M	792M	2.22B	839M
Currency Exchange Gains (Loss)	-	168M	507M	287M	462M
Other Non Operating Income (Expenses)	-177M	240M	1.06B	570M	674M
EBT, Excl. Unusual Items	8.18B	495M	8.68B	8.05B	7.44B
Restructuring Charges	-	-	-	-688M	-7.24B
Gain (Loss) On Sale Of Investments	-3.76B	10.39B	-641M	-576M	-1.83B
Gain (Loss) On Sale Of Assets	-	-	-	2.65B	-99M
Asset Writedown	-	-	-	-10.14B	-6.57B
EBT, Incl. Unusual Items	4.42B	10.88B	8.04B	-699M	-8.29B
Income Tax Expense	1.45B	4.08B	3.5B	1.04B	453M
Earnings From Continuing Operations	2.97B	6.8B	4.54B	-1.73B	-8.74B
Net Income to Company	2.97B	6.8B	4.54B	-1.73B	-8.74B
Minority Interest	504M	221M	67M	-42M	111M
Net Income - (IS)	3.47B	7.02B	4.61B	-1.78B	-8.63B
Preferred Dividend and Other Adjustments	-	-	1M	-1M	-5M
Net Income to Common Incl Extra Items	3.47B	7.02B	4.61B	-1.78B	-8.63B
Net Income to Common Excl. Extra Items	3.47B	7.02B	4.61B	-1.78B	-8.63B
Per Share Items
Net EPS - Basic	54.26	112.57	74.05	-29.67	-151.62
Basic EPS - Continuing Operations	54.26	112.57	74.05	-29.67	-151.62
Basic Weighted Average Shares Outstanding	63.99M	62.41M	62.22M	59.83M	56.9M
Net EPS - Diluted	54.05	112.09	73.73	-29.67	-151.62
Diluted EPS - Continuing Operations	54.05	112.09	73.73	-29.67	-151.62
Diluted Weighted Average Shares Outstanding	64.24M	62.67M	62.48M	59.83M	56.9M
Normalized Basic EPS	87.78	8.5	88.26	83.4	83.73
Normalized Diluted EPS	87.44	8.46	87.89	83.4	83.73
Dividend Per Share	52	40	50	80	100
Payout Ratio	141.33	35.53	54.21	-238.91	-59.88
American Depositary Receipts Ratio (ADR)	5	5	5	5	5
Supplemental Items
EBITDA	12.66B	5.01B	11.2B	16.25B	15.92B
EBITA	6.63B	-1.12B	5.01B	3.89B	4.06B
EBIT	6.63B	-1.12B	5.01B	3.89B	4.06B
EBITDAR	-	-	-	18.36B	18.24B
Effective Tax Rate - (Ratio)	32.87	37.49	43.51	-148.07	-5.46
Normalized Net Income	5.62B	530M	5.49B	4.99B	4.76B
Non-Cash Pension Expense	356M	62M	-813M	-1.41B	357M
Supplemental Operating Expense Items
Advertising Expense	13.17B	11.24B	15.39B	16.14B	14.47B
Selling and Marketing Expenses	13.17B	11.24B	15.39B	37.81B	35.98B
Research And Development Expense From Footnotes	508M	463M	446M	598M	370M
Net Rental Expense, Total	-	-	-	2.11B	2.32B
Imputed Operating Lease Interest Expense	-	-	-	210M	275M
Imputed Operating Lease Depreciation	-	-	-	1.9B	2.04B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	28.7B	65B	39.37B	26.78B	33.55B
Short Term Investments	656M	253M	-	-	-
Total Cash And Short Term Investments	29.36B	65.25B	39.37B	26.78B	33.55B
Accounts Receivable, Total	19.57B	17.22B	19.13B	20.22B	22.14B
Other Receivables	329M	173M	200M	174M	988M
Total Receivables	19.9B	17.4B	19.33B	20.39B	23.13B
Inventory	43.43B	43.25B	45.27B	53.72B	49.99B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	5.5B	8.22B	4.46B	4.73B	5.47B
Total Current Assets	98.19B	134B	108B	106B	112B
Net Property Plant And Equipment	65.62B	62.49B	65.32B	58.96B	56.95B
Long-term Investments	75.84B	88.11B	89.59B	88.46B	97.25B
Goodwill	22.37B	21.17B	22.94B	16.26B	11.8B
Other Intangibles, Total	14.55B	15.22B	15.41B	13.04B	11.89B
Deferred Tax Assets Long-Term	1.12B	1.65B	1.55B	2.95B	4B
Total Assets	278B	323B	303B	285B	294B
Liabilities
Accounts Payable, Total	10.7B	9.45B	10.62B	17.54B	17.41B
Accrued Expenses, Total	6.73B	6.82B	6.32B	9.31B	9.81B
Short-term Borrowings	3.36B	40.67B	10.23B	5B	5.69B
Current Portion of Long-Term Debt	50M	35M	-	-	1.51B
Current Portion of Leases	4.6B	4.41B	4.55B	4.66B	4.9B
Current Income Taxes Payable	11.98B	7.64B	8.41B	2.65B	5.67B
Other Current Liabilities	6.67B	7.05B	7.17B	4.69B	4.16B
Total Current Liabilities	44.11B	76.07B	47.3B	43.84B	49.14B
Long-Term Debt	35M	1.5B	1.63B	3.08B	1.95B
Long-Term Leases	9.1B	8.52B	8.15B	7.67B	6.6B
Pension & Other Post Retirement Benefits	2.07B	1.94B	3.34B	2.47B	2.95B
Deferred Tax Liability Non Current	7.91B	12.29B	14.1B	13.89B	16.93B
Other Non Current Liabilities	5.02B	3.82B	2.67B	1.22B	1.32B
Total Liabilities	68.24B	104B	77.19B	72.18B	78.89B
Common Stock, Total	13.26B	13.26B	13.26B	13.26B	13.26B
Additional Paid In Capital	29.84B	29.12B	29.08B	29.03B	20.55B
Retained Earnings	185B	181B	183B	151B	148B
Treasury Stock	-17.33B	-8.88B	-10.86B	-15.89B	-17.26B
Comprehensive Income and Other	-5.63B	762M	8.07B	32.02B	46.78B
Total Common Equity	205B	216B	223B	210B	212B
Minority Interest	4.08B	3B	3.05B	3.28B	3.31B
Total Equity	209B	219B	226B	213B	215B
Total Liabilities And Equity	278B	323B	303B	285B	294B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	62.4M	62.43M	61.46M	58.01M	55.05M
ECS Total Common Shares Outstanding	62.4M	62.42M	61.46M	58.01M	55.07M
Book Value / Share	3.29K	3.45K	3.63K	3.62K	3.85K
Tangible Book Value	168B	179B	185B	181B	188B
Tangible Book Value Per Share	2.7K	2.87K	3K	3.11K	3.42K
Total Debt	17.15B	55.14B	24.55B	20.42B	20.64B
Net Debt	-12.21B	-10.12B	-14.82B	-6.37B	-12.9B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-2.79B	-7.45B	-9.96B	-11.95B	-18.2B
Debt Equivalent Oper. Leases	-	-	-	16.86B	18.53B
Minority Interest, Total (Incl. Fin. Div)	4.08B	3B	3.05B	3.28B	3.31B
Equity Method Investments, Total	21.6B	21.21B	22.84B	20.5B	20.35B
Inventories - Raw Materials, Total	2.26B	2.28B	3.56B	3.37B	3.36B
Inventories - Work In Process, Total	3.94B	3.75B	4.08B	4.64B	4.18B
Inventories - Finished Goods, Total	37.22B	37.22B	37.63B	45.71B	42.45B
Full Time Employees	20.98K	19.82K	19.72K	19.15K	17.41K
Accumulated Allowance for Doubtful Accounts (Supple)	489M	346M	282M	207M	254M
Order Backlog	268M	204M	124M	188M	74M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	2.97B	6.8B	4.54B	-1.73B	-8.74B
Depreciation & Amortization - CF	6.03B	6.13B	6.18B	12.36B	11.86B
Depreciation & Amortization, Total	6.03B	6.13B	6.18B	12.36B	11.86B
(Gain) Loss From Sale Of Asset	1.34B	3.46B	-1.77B	7.49B	6.96B
(Gain) Loss on Sale of Investments - (CF)	3.76B	-10.39B	641M	154M	1.83B
(Income) Loss On Equity Investments - (CF)	480M	469M	-404M	-2.22B	-839M
Other Operating Activities, Total	-	-	-	-787M	-3.92B
Change In Accounts Receivable	4.68B	2.77B	-1.28B	1.05B	-990M
Change In Inventories	-1.35B	972M	-182M	-6.69B	6.57B
Change In Accounts Payable	-373M	-859M	2.02B	480M	-778M
Change in Other Net Operating Assets	-4.22B	-5.09B	3.26B	-2.77B	-655M
Cash from Operations	13.32B	4.26B	13.01B	7.33B	11.29B
Capital Expenditure	-3.44B	-2.76B	-6.58B	-2.88B	-1.82B
Sale of Property, Plant, and Equipment	104M	889M	2.76B	4.47B	610M
Cash Acquisitions	-9.18B	-	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-3.54B	-2.84B	-3.16B	-2.17B	-1.57B
Investment in Marketable and Equity Securities, Total	18.6B	2.42B	3.51B	111M	-352M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-315M	321M	3M	-
Other Investing Activities, Total	32M	43M	61M	4.37B	17.17B
Cash from Investing	2.57B	-2.56B	-3.1B	3.9B	14.05B
Short Term Debt Issued, Total	-	37.63B	-	-	678M
Long-Term Debt Issued, Total	-	1.45B	-	1.36B	-
Total Debt Issued	-	39.08B	-	1.36B	678M
Short Term Debt Repaid, Total	-4.64B	-424M	-30.46B	-5.23B	-
Long-Term Debt Repaid, Total	-53M	-50M	-35M	-	-
Total Debt Repaid	-4.7B	-474M	-30.5B	-5.23B	-
Issuance of Common Stock	-	-	1M	-	-
Repurchase of Common Stock	-7.74B	-1M	-2.09B	-8.04B	-10B
Common & Preferred Stock Dividends Paid	-4.91B	-2.5B	-2.5B	-4.24B	-5.17B
Common & Preferred Stock Dividends Paid	-4.91B	-2.5B	-2.5B	-4.24B	-5.17B
Other Financing Activities, Total	-121M	-2.5B	-1.27B	-6.39B	-5.72B
Cash from Financing	-17.47B	33.6B	-36.35B	-22.54B	-20.21B
Foreign Exchange Rate Adjustments	-651M	349M	862M	601M	1.64B
Net Change in Cash	-2.23B	35.65B	-25.58B	-10.7B	6.77B
Supplemental Items
Cash Interest Paid	-	-	-	270M	292M
Cash Income Tax Paid (Refund)	-	-	-	1.84B	3.74B
Levered Free Cash Flow	8.18B	-5.4B	918M	1.45B	13.94B
Unlevered Free Cash Flow	8.19B	-5.35B	957M	1.62B	14.13B
Change In Net Working Capital	-5B	5.18B	-1.38B	8.13B	-3.11B
Net Debt Issued / Repaid	-4.7B	38.6B	-30.5B	-3.88B	678M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.48	-0.23	1	0.83	0.88
Return on Total Capital	1.82	-0.28	1.2	1	1.08
Return On Equity %	1.38	3.18	2.04	-0.79	-4.08
Return on Common Equity	1.65	3.34	2.1	-0.82	-4.09
Margin Analysis
Gross Profit Margin %	54.51	55.46	55.68	56.42	55.6
SG&A Margin	50.69	55.88	52.52	48.4	48.21
EBITDA Margin %	6.78	3.29	6.48	8.62	8.51
EBITA Margin %	3.55	-0.73	2.9	2.06	2.17
EBIT Margin %	3.55	-0.73	2.9	2.06	2.17
Income From Continuing Operations Margin %	1.59	4.47	2.63	-0.92	-4.67
Net Income Margin %	1.86	4.62	2.67	-0.94	-4.61
Net Avail. For Common Margin %	1.86	4.62	2.67	-0.94	-4.61
Normalized Net Income Margin	3.01	0.35	3.18	2.65	2.54
Levered Free Cash Flow Margin	4.38	-3.55	0.53	0.77	7.44
Unlevered Free Cash Flow Margin	4.39	-3.51	0.55	0.86	7.55
Asset Turnover
Asset Turnover	0.67	0.51	0.55	0.64	0.65
Fixed Assets Turnover	3.14	2.38	2.71	3.03	3.23
Receivables Turnover (Average Receivables)	8.43	8.27	9.51	9.59	8.84
Inventory Turnover (Average Inventory)	1.98	1.56	1.73	1.66	1.6
Short Term Liquidity
Current Ratio	2.23	1.76	2.29	2.41	2.28
Quick Ratio	1.12	1.09	1.24	1.08	1.15
Operating Cash Flow to Current Liabilities	0.3	0.06	0.27	0.17	0.23
Days Sales Outstanding (Average Receivables)	43.44	44.12	38.38	38.08	41.4
Days Outstanding Inventory (Average Inventory)	185.1	233.32	210.88	219.8	228.32
Average Days Payable Outstanding	47.93	54.37	46.59	56.7	80.54
Cash Conversion Cycle (Average Days)	180.61	223.07	202.67	201.18	189.19
Long Term Solvency
Total Debt/Equity	8.19	25.22	10.86	9.58	9.59
Total Debt / Total Capital	7.57	20.14	9.8	8.74	8.75
LT Debt/Equity	4.36	4.58	4.32	5.05	3.97
Long-Term Debt / Total Capital	4.03	3.66	3.9	4.6	3.62
Total Liabilities / Total Assets	24.57	32.27	25.46	25.3	26.83
EBIT / Interest Expense	349.05	-14.29	80.85	13.89	13.32
EBITDA / Interest Expense	666.37	64.27	180.61	58.05	52.21
(EBITDA - Capex) / Interest Expense	485.21	28.83	74.48	47.76	46.26
Total Debt / EBITDA	1.35	11	2.19	1.26	1.3
Net Debt / EBITDA	-0.96	-2.02	-1.32	-0.39	-0.81
Total Debt / (EBITDA - Capex)	1.86	24.52	5.32	1.53	1.46
Net Debt / (EBITDA - Capex)	-1.32	-4.5	-3.21	-0.48	-0.91
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-3.83	-18.5	13.57	9.1	-0.73
Gross Profit, 1 Yr. Growth %	-2.49	-17.09	14.04	10.55	-2.18
EBITDA, 1 Yr. Growth %	20.28	-60.41	123.38	45.14	-2.02
EBITA, 1 Yr. Growth %	35.93	-116.81	-549.6	-22.42	4.47
EBIT, 1 Yr. Growth %	35.93	-116.81	-549.6	-22.42	4.47
Earnings From Cont. Operations, 1 Yr. Growth %	651.39	129.25	-33.26	-138.19	404.21
Net Income, 1 Yr. Growth %	918.18	102.33	-34.41	-138.54	386.04
Normalized Net Income, 1 Yr. Growth %