Income Statement Semba Corporation

Stocks

6540

JP3426050005

Construction & Engineering

Market Closed - Japan Exchange 10:30:00 08/10/2026 +04			5-day change	1st Jan Change
1,480.00 ^JPY	-0.47%		-1.73%	-16.90%

12/05/23	Semba Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023	CI
14/02/23	Semba Corporation Reports Earnings Results for the Full Year Ended December 31, 2022	CI

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Published financial data: SEMBA CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)
Revenues	19.27B	22.81B	24.89B	28.96B	32.83B
Total Revenues	19.27B	22.81B	24.89B	28.96B	32.83B
Cost of Goods Sold, Total	16.05B	19B	20.38B	23.2B	26.74B
Gross Profit	3.22B	3.82B	4.51B	5.76B	6.09B
Selling General & Admin Expenses, Total	2.76B	3.04B	3.22B	3.83B	3.75B
Provision for Bad Debts	-2M	-7M	-3M	-5M	11M
Other Operating Expenses, Total	2.76B	3.03B	3.22B	3.83B	3.76B
Operating Income	463M	786M	1.29B	1.93B	2.33B
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	5M	6M	11M	21M	28M
Net Interest Expenses	5M	6M	11M	21M	28M
Currency Exchange Gains (Loss)	-10M	-69M	60M	71M	9M
Other Non Operating Income (Expenses)	12M	23M	3M	-4M	7M
EBT, Excl. Unusual Items	470M	746M	1.36B	2.01B	2.37B
Gain (Loss) On Sale Of Investments	-37M	88M	-19M	129M	129M
Gain (Loss) On Sale Of Assets	62M	-	138M	-	-
Asset Writedown	-	-	-	-13M	-2M
Other Unusual Items	-30M	-	25M	-26M	-92M
EBT, Incl. Unusual Items	465M	834M	1.51B	2.1B	2.4B
Income Tax Expense	169M	383M	473M	605M	890M
Earnings From Continuing Operations	296M	451M	1.03B	1.5B	1.52B
Net Income to Company	296M	451M	1.03B	1.5B	1.52B
Net Income - (IS)	296M	451M	1.03B	1.5B	1.52B
Net Income to Common Incl Extra Items	296M	451M	1.03B	1.5B	1.52B
Net Income to Common Excl. Extra Items	296M	451M	1.03B	1.5B	1.52B
Per Share Items
Net EPS - Basic	28.98	43.95	99.88	142.08	142.13
Basic EPS - Continuing Operations	28.98	43.95	99.88	142.08	142.13
Basic Weighted Average Shares Outstanding	10.21M	10.26M	10.34M	10.55M	10.66M
Net EPS - Diluted	28.27	43.02	97.84	140.75	142.13
Diluted EPS - Continuing Operations	28.27	43.02	97.84	140.75	142.13
Diluted Weighted Average Shares Outstanding	10.5M	10.5M	10.57M	10.65M	10.66M
Normalized Basic EPS	28.76	45.43	82.31	119.31	138.97
Normalized Diluted EPS	27.98	44.42	80.55	118.17	138.97
Dividend Per Share	25	33	50	60	76
Payout Ratio	68.58	56.76	32.82	34.62	49.11
Supplemental Items
EBITDA	603M	921M	1.43B	2.06B	2.45B
EBITA	463M	786M	1.29B	1.93B	2.33B
EBIT	463M	786M	1.29B	1.93B	2.33B
Effective Tax Rate - (Ratio)	36.34	45.92	31.41	28.75	37.01
Normalized Net Income	294M	466M	851M	1.26B	1.48B
Non-Cash Pension Expense	17.21M	1.44M	-18.53M	-49.73M	-92.28M

Fiscal Period: December	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)
Assets
Cash And Equivalents	9.27B	10.18B	9.32B	12.49B	9.74B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	9.27B	10.18B	9.32B	12.49B	9.74B
Accounts Receivable, Total	4.64B	3.91B	7.12B	7.23B	8.75B
Total Receivables	4.64B	3.91B	7.12B	7.23B	8.75B
Inventory	855M	718M	653M	948M	848M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	319M	864M	615M	309M	504M
Total Current Assets	15.08B	15.67B	17.7B	20.97B	19.84B
Net Property Plant And Equipment	608M	621M	557M	620M	590M
Long-term Investments	615M	650M	1.01B	1.42B	1.62B
Other Intangibles, Total	243M	247M	207M	136M	90M
Deferred Tax Assets Long-Term	255M	157M	94M	170M	-
Other Long-Term Assets, Total	2M	1M	1M	2M	1M
Total Assets	16.8B	17.35B	19.57B	23.32B	22.14B
Liabilities
Accounts Payable, Total	4.54B	4.18B	5.42B	7.3B	5.52B
Accrued Expenses, Total	221M	198M	329M	632M	535M
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	135M	410M	429M	965M	272M
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	544M	1.02B	973M	573M	779M
Total Current Liabilities	5.44B	5.81B	7.15B	9.47B	7.11B
Long-Term Leases	-	-	-	-	-
Pension & Other Post Retirement Benefits	339M	142M	-	-	-
Deferred Tax Liability Non Current	-	-	-	-	204M
Other Non Current Liabilities	171M	173M	181M	228M	235M
Total Liabilities	5.94B	6.12B	7.33B	9.7B	7.55B
Common Stock, Total	298M	327M	363M	419M	448M
Additional Paid In Capital	1.26B	1.29B	1.33B	1.38B	1.41B
Retained Earnings	9.08B	9.27B	9.97B	10.95B	11.72B
Comprehensive Income and Other	222M	334M	587M	873M	1.01B
Total Common Equity	10.86B	11.22B	12.24B	13.62B	14.59B
Total Equity	10.86B	11.22B	12.24B	13.62B	14.59B
Total Liabilities And Equity	16.8B	17.35B	19.57B	23.32B	22.14B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	10.24M	10.28M	10.42M	10.63M	10.67M
ECS Total Common Shares Outstanding	10.25M	10.28M	10.39M	10.63M	10.67M
Book Value / Share	1.06K	1.09K	1.18K	1.28K	1.37K
Tangible Book Value	10.62B	10.98B	12.04B	13.49B	14.5B
Tangible Book Value Per Share	1.04K	1.07K	1.16K	1.27K	1.36K
Total Debt	0	0	0	0	0
Net Debt	-9.27B	-10.18B	-9.32B	-12.49B	-9.74B
Debt Equivalent of Unfunded Proj. Benefit Obligation	339M	142M	-175M	-662M	-1.04B
Inventories - Raw Materials, Total	5M	13M	10M	11M	9M
Inventories - Work In Process, Total	850M	705M	643M	936M	838M
Inventories - Others	-	-	-	1M	1M
Full Time Employees	570	531	509	520	554
Accumulated Allowance for Doubtful Accounts (Supple)	31M	22M	2M	3M	12M
Order Backlog	5.32B	4.55B	5.89B	6.53B	8.43B

Fiscal Period: December	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)
Net Income	466M	834M	1.51B	2.1B	2.4B
Depreciation & Amortization - CF	140M	135M	145M	136M	123M
Depreciation & Amortization, Total	140M	135M	145M	136M	123M
(Gain) Loss From Sale Of Asset	-62M	-	-138M	13M	-
(Gain) Loss on Sale of Investments - (CF)	37M	-	4M	-96M	-129M
Other Operating Activities, Total	-92M	-132M	-345M	-568M	-934M
Change In Accounts Receivable	-924M	786M	-3.16B	-82M	-1.53B
Change In Inventories	-124M	149M	67M	-292M	104M
Change In Accounts Payable	954M	-363M	1.13B	2.19B	-2.14B
Change in Other Net Operating Assets	141M	-129M	130M	124M	-37M
Cash from Operations	536M	1.28B	-655M	3.53B	-2.14B
Capital Expenditure	-41M	-66M	-31M	-125M	-33M
Sale of Property, Plant, and Equipment	104M	-	184M	16M	-
Cash Acquisitions	-	-	-	-2M	-
Divestitures	-	-	-15M	-1M	-
Sale (Purchase) of Intangible assets	-92M	-82M	-91M	-13M	-17M
Investment in Marketable and Equity Securities, Total	-7M	-6M	97M	161M	124M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-94M	-9M	-	-
Other Investing Activities, Total	52M	44M	-42M	-34M	-47M
Cash from Investing	16M	-204M	93M	2M	27M
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	12M	4M	10M	57M	-
Common Dividends Paid	-203M	-256M	-339M	-519M	-744M
Common & Preferred Stock Dividends Paid	-203M	-256M	-339M	-519M	-744M
Other Financing Activities, Total	-1M	-3M	-1M	-2M	-1M
Cash from Financing	-192M	-255M	-330M	-464M	-745M
Foreign Exchange Rate Adjustments	77M	84M	118M	95M	59M
Miscellaneous Cash Flow Adjustments	-	-	-	1M	-
Net Change in Cash	437M	905M	-774M	3.16B	-2.8B
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	91M	132M	382M	567M	934M
Levered Free Cash Flow	500M	1.17B	-727M	3.43B	-2.45B
Unlevered Free Cash Flow	500M	1.17B	-727M	3.43B	-2.45B
Change In Net Working Capital	-204M	-695M	1.56B	-2.23B	3.98B
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: December	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)
Profitability
Return on Assets	1.8	2.88	4.36	5.61	6.4
Return on Total Capital	2.71	4.45	6.86	9.31	10.31
Return On Equity %	2.77	4.08	8.8	11.59	10.74
Return on Common Equity	2.77	4.08	8.8	11.59	10.74
Margin Analysis
Gross Profit Margin %	16.7	16.73	18.11	19.87	18.54
SG&A Margin	14.31	13.31	12.95	13.24	11.43
EBITDA Margin %	3.13	4.04	5.76	7.12	7.46
EBITA Margin %	2.4	3.45	5.18	6.65	7.08
EBIT Margin %	2.4	3.45	5.18	6.65	7.08
Income From Continuing Operations Margin %	1.54	1.98	4.15	5.18	4.61
Net Income Margin %	1.54	1.98	4.15	5.18	4.61
Net Avail. For Common Margin %	1.54	1.98	4.15	5.18	4.61
Normalized Net Income Margin	1.52	2.04	3.42	4.35	4.51
Levered Free Cash Flow Margin	2.6	5.14	-2.92	11.84	-7.46
Unlevered Free Cash Flow Margin	2.6	5.14	-2.92	11.84	-7.46
Asset Turnover
Asset Turnover	1.2	1.34	1.35	1.35	1.44
Fixed Assets Turnover	31.26	37.12	42.25	49.2	54.27
Receivables Turnover (Average Receivables)	4.63	5.33	4.51	4.04	4.11
Inventory Turnover (Average Inventory)	20.33	24.15	29.73	28.98	29.78
Short Term Liquidity
Current Ratio	2.77	2.7	2.48	2.21	2.79
Quick Ratio	2.56	2.43	2.3	2.08	2.6
Operating Cash Flow to Current Liabilities	0.1	0.22	-0.09	0.37	-0.3
Days Sales Outstanding (Average Receivables)	78.78	68.42	80.89	90.67	88.8
Days Outstanding Inventory (Average Inventory)	17.95	15.11	12.28	12.63	12.26
Average Days Payable Outstanding	90.15	84.39	86.27	99.04	87.84
Cash Conversion Cycle (Average Days)	6.58	-0.85	6.91	4.25	13.22
Long Term Solvency
Total Debt/Equity	-	-	-	-	-
Total Debt / Total Capital	-	-	-	-	-
LT Debt/Equity	-	-	-	-	-
Long-Term Debt / Total Capital	-	-	-	-	-
Total Liabilities / Total Assets	35.38	35.3	37.44	41.58	34.1
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	-	-	-	-	-
Net Debt / EBITDA	-15.37	-11.05	-6.5	-6.06	-3.98
Total Debt / (EBITDA - Capex)	-	-	-	-	-
Net Debt / (EBITDA - Capex)	-16.49	-11.91	-6.64	-6.45	-4.03
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-11.23	18.37	9.1	16.35	13.38
Gross Profit, 1 Yr. Growth %	2.45	18.55	18.17	27.66	5.79
EBITDA, 1 Yr. Growth %	19.17	52.74	55.59	43.89	18.77
EBITA, 1 Yr. Growth %	21.52	69.76	63.87	49.53	20.77
EBIT, 1 Yr. Growth %	21.52	69.76	63.87	49.53	20.77
Earnings From Cont. Operations, 1 Yr. Growth %	-17.09	52.36	129.05	45.11	1.07
Net Income, 1 Yr. Growth %	-17.09	52.36	129.05	45.11	1.07
Normalized Net Income, 1 Yr. Growth %	15.2	58.72	82.57	47.87	17.68
Diluted EPS Before Extra, 1 Yr. Growth %	-17.1	52.18	127.43	43.86	0.98
Accounts Receivable, 1 Yr. Growth %	26.22	-15.73	82.05	1.49	21.06
Inventory, 1 Yr. Growth %	18.09	-16.02	-9.05	45.18	-10.55
Net Property, Plant and Equip., 1 Yr. Growth %	-2.72	2.14	-10.31	11.31	-4.84
Total Assets, 1 Yr. Growth %	9.53	3.23	12.83	19.14	-5.07
Tangible Book Value, 1 Yr. Growth %	3.07	3.4	9.66	12.04	7.5
Common Equity, 1 Yr. Growth %	3.14	3.36	9.09	11.25	7.09
Cash From Operations, 1 Yr. Growth %	20.18	138.81	-151.17	-638.63	-160.66
Capital Expenditures, 1 Yr. Growth %	70.83	60.98	-53.03	303.23	-73.6
Levered Free Cash Flow, 1 Yr. Growth %	30.95	134.47	-161.96	-571.49	-171.45
Unlevered Free Cash Flow, 1 Yr. Growth %	30.95	134.47	-161.96	-571.49	-171.45
Dividend Per Share, 1 Yr. Growth %	25	32	51.52	20	26.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-17.57	2.51	13.64	12.67	14.86
Gross Profit, 2 Yr. CAGR %	-12.81	10.21	18.36	22.82	16.21
EBITDA, 2 Yr. CAGR %	-33.75	34.91	54.16	49.63	30.73
EBITA, 2 Yr. CAGR %	-39.67	43.63	66.79	56.54	34.38
EBIT, 2 Yr. CAGR %	-39.67	43.63	66.79	56.54	34.38
Earnings From Cont. Operations, 2 Yr. CAGR %	-44.59	12.4	86.81	82.31	21.1
Net Income, 2 Yr. CAGR %	-44.59	12.4	86.81	82.31	21.1
Normalized Net Income, 2 Yr. CAGR %	-40.46	35.22	70.23	64.31	31.91
Diluted EPS Before Extra, 2 Yr. CAGR %	-44.76	12.32	86.04	80.88	20.53
Accounts Receivable, 2 Yr. CAGR %	-14.31	3.13	23.86	35.93	10.84
Inventory, 2 Yr. CAGR %	-14.84	-0.42	-12.61	14.91	13.96
Net Property, Plant and Equip., 2 Yr. CAGR %	-5.37	-0.32	-4.29	-0.08	2.92
Total Assets, 2 Yr. CAGR %	-5.1	6.33	7.92	15.94	6.35
Tangible Book Value, 2 Yr. CAGR %	0.76	3.23	6.48	10.84	9.75
Common Equity, 2 Yr. CAGR %	1.28	3.25	6.19	10.16	9.15
Cash From Operations, 2 Yr. CAGR %	-8.05	69.41	10.54	66.02	80.75
Capital Expenditures, 2 Yr. CAGR %	-2.35	65.83	-13.05	37.62	3.18
Levered Free Cash Flow, 2 Yr. CAGR %	-7.83	75.22	20.54	70.93	83.55
Unlevered Free Cash Flow, 2 Yr. CAGR %	-7.83	75.22	20.54	70.93	83.55
Dividend Per Share, 2 Yr. CAGR %	-25.46	28.45	41.42	34.84	23.29
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-12.2	-7.01	4.66	14.54	12.91
Gross Profit, 3 Yr. CAGR %	-9.16	-3.41	12.8	21.38	16.86
EBITDA, 3 Yr. CAGR %	-24.37	-12.48	41.48	50.66	38.54
EBITA, 3 Yr. CAGR %	-28.56	-14.83	50.08	60.83	43.57
EBIT, 3 Yr. CAGR %	-28.56	-14.83	50.08	60.83	43.57
Earnings From Cont. Operations, 3 Yr. CAGR %	-32.32	-22.37	42.5	71.73	49.77
Net Income, 3 Yr. CAGR %	-32.32	-22.37	42.5	71.73	49.77
Normalized Net Income, 3 Yr. CAGR %	-29.44	-17.45	49.45	62.43	47.01
Diluted EPS Before Extra, 3 Yr. CAGR %	-32.42	-22.57	42.1	70.76	48.94
Accounts Receivable, 3 Yr. CAGR %	-8.6	-14.78	24.64	15.9	30.78
Inventory, 3 Yr. CAGR %	3.78	-15.24	-3.38	3.5	5.7
Net Property, Plant and Equip., 3 Yr. CAGR %	-4.81	-2.93	-3.77	0.65	-1.69
Total Assets, 3 Yr. CAGR %	-1.65	-2.4	8.46	11.54	8.47
Tangible Book Value, 3 Yr. CAGR %	3.41	1.63	5.33	8.3	9.72
Common Equity, 3 Yr. CAGR %	3.86	1.97	5.16	7.85	9.13
Cash From Operations, 3 Yr. CAGR %	-5.04	26.39	13.67	87.41	18.69
Capital Expenditures, 3 Yr. CAGR %	1.68	15.35	8.91	45	-20.63
Levered Free Cash Flow, 3 Yr. CAGR %	1.2	25.82	23.91	89.92	27.8
Unlevered Free Cash Flow, 3 Yr. CAGR %	1.2	25.82	23.91	89.92	27.8
Dividend Per Share, 3 Yr. CAGR %	-14.5	-9.82	35.72	33.89	32.06
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-6.94	-5.04	-2.66	0.41	8.63
Gross Profit, 5 Yr. CAGR %	-7.62	-3.48	0.98	6.34	14.15
EBITDA, 5 Yr. CAGR %	-20.15	-10.08	0.55	8.46	37.08
EBITA, 5 Yr. CAGR %	-23.04	-11.18	0.28	8.65	43.59
EBIT, 5 Yr. CAGR %	-23.04	-11.18	0.28	8.65	43.59
Earnings From Cont. Operations, 5 Yr. CAGR %	-23.05	-14.57	1.58	9.23	33.52
Net Income, 5 Yr. CAGR %	-23.05	-14.57	1.58	9.23	33.52
Normalized Net Income, 5 Yr. CAGR %	-22.85	-12.7	0.36	8.72	42.17
Diluted EPS Before Extra, 5 Yr. CAGR %	-24.59	-14.62	1.33	8.72	33.04
Accounts Receivable, 5 Yr. CAGR %	-7.46	-7.38	3.21	2.72	18.93
Inventory, 5 Yr. CAGR %	-3.1	-5.58	-3.12	-4.27	3.21
Net Property, Plant and Equip., 5 Yr. CAGR %	-7.85	-5.48	-4.6	-1.8	-1.15
Total Assets, 5 Yr. CAGR %	-1.27	-0.27	2.07	4.56	7.61
Tangible Book Value, 5 Yr. CAGR %	5.05	3.45	4.63	5.22	7.08
Common Equity, 5 Yr. CAGR %	5.2	3.7	4.78	5.17	6.74
Cash From Operations, 5 Yr. CAGR %	-16.25	-2.41	0.91	40.96	36.84
Capital Expenditures, 5 Yr. CAGR %	-15.29	-9.38	-4.49	23.79	6.58
Levered Free Cash Flow, 5 Yr. CAGR %	-12.22	-2.24	8.53	42.23	45
Unlevered Free Cash Flow, 5 Yr. CAGR %	-12.31	-2.24	8.53	42.23	45
Dividend Per Share, 5 Yr. CAGR %	-0.78	-1.17	4.56	5.92	30.6