
Kewpie Corp
TSE:2809

Income Statement
Earnings Waterfall
Kewpie Corp
Revenue
|
484B
JPY
|
Cost of Revenue
|
-336.2B
JPY
|
Gross Profit
|
147.8B
JPY
|
Operating Expenses
|
-113.4B
JPY
|
Operating Income
|
34.3B
JPY
|
Other Expenses
|
-12.9B
JPY
|
Net Income
|
21.4B
JPY
|
Income Statement
Kewpie Corp
Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | Feb-2024 | May-2024 | Aug-2024 | Nov-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
553 404
N/A
|
551 075
0%
|
549 621
0%
|
550 904
+0%
|
549 774
0%
|
552 764
+1%
|
553 998
+0%
|
553 376
0%
|
552 306
0%
|
552 245
0%
|
556 070
+1%
|
559 404
+1%
|
561 688
+0%
|
566 821
+1%
|
569 506
+0%
|
574 121
+1%
|
573 525
0%
|
564 632
-2%
|
557 507
-1%
|
547 546
-2%
|
545 723
0%
|
550 545
+1%
|
539 794
-2%
|
536 047
-1%
|
531 103
-1%
|
492 050
-7%
|
466 925
-5%
|
437 163
-6%
|
407 039
-7%
|
413 487
+2%
|
415 683
+1%
|
421 402
+1%
|
430 304
+2%
|
437 442
+2%
|
443 163
+1%
|
447 987
+1%
|
455 086
+2%
|
462 044
+2%
|
471 538
+2%
|
480 100
+2%
|
483 985
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(419 042)
|
(419 073)
|
(422 361)
|
(428 206)
|
(432 489)
|
(435 080)
|
(434 341)
|
(431 423)
|
(428 848)
|
(426 799)
|
(429 269)
|
(431 478)
|
(432 773)
|
(436 869)
|
(437 759)
|
(441 288)
|
(440 378)
|
(431 516)
|
(424 613)
|
(415 346)
|
(412 741)
|
(417 770)
|
(412 608)
|
(410 184)
|
(405 790)
|
(367 405)
|
(339 862)
|
(311 707)
|
(282 807)
|
(288 052)
|
(290 314)
|
(295 529)
|
(306 114)
|
(317 238)
|
(324 942)
|
(329 867)
|
(332 755)
|
(331 551)
|
(333 027)
|
(334 989)
|
(336 217)
|
|
Gross Profit |
134 362
N/A
|
132 002
-2%
|
127 260
-4%
|
122 698
-4%
|
117 285
-4%
|
117 684
+0%
|
119 657
+2%
|
121 953
+2%
|
123 458
+1%
|
125 446
+2%
|
126 801
+1%
|
127 926
+1%
|
128 915
+1%
|
129 952
+1%
|
131 747
+1%
|
132 833
+1%
|
133 147
+0%
|
133 116
0%
|
132 894
0%
|
132 200
-1%
|
132 982
+1%
|
132 775
0%
|
127 186
-4%
|
125 863
-1%
|
125 313
0%
|
124 645
-1%
|
127 063
+2%
|
125 456
-1%
|
124 232
-1%
|
125 435
+1%
|
125 369
0%
|
125 873
+0%
|
124 190
-1%
|
120 204
-3%
|
118 221
-2%
|
118 120
0%
|
122 331
+4%
|
130 493
+7%
|
138 511
+6%
|
145 111
+5%
|
147 768
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(110 019)
|
(105 853)
|
(100 905)
|
(95 857)
|
(90 931)
|
(92 345)
|
(92 259)
|
(93 084)
|
(93 640)
|
(94 401)
|
(96 353)
|
(97 149)
|
(97 654)
|
(98 543)
|
(99 316)
|
(99 843)
|
(100 080)
|
(99 748)
|
(99 700)
|
(100 252)
|
(100 934)
|
(101 648)
|
(100 032)
|
(98 383)
|
(97 010)
|
(95 123)
|
(95 455)
|
(95 671)
|
(96 260)
|
(97 055)
|
(97 655)
|
(98 408)
|
(98 757)
|
(99 847)
|
(100 183)
|
(100 753)
|
(102 637)
|
(104 306)
|
(106 781)
|
(108 943)
|
(113 439)
|
|
Selling, General & Administrative |
(110 018)
|
(105 853)
|
(100 905)
|
(95 856)
|
(84 120)
|
(92 345)
|
(92 257)
|
(93 084)
|
(86 834)
|
(94 400)
|
(96 353)
|
(97 148)
|
(90 830)
|
(98 542)
|
(99 315)
|
(99 844)
|
(93 023)
|
(99 747)
|
(99 698)
|
(100 250)
|
(93 880)
|
(101 646)
|
(100 032)
|
(98 381)
|
(90 154)
|
(95 123)
|
(95 454)
|
(95 670)
|
(89 956)
|
(97 055)
|
(97 655)
|
(98 408)
|
(92 293)
|
(99 846)
|
(100 181)
|
(100 751)
|
(95 742)
|
(104 304)
|
(106 781)
|
(108 942)
|
(113 437)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(4 201)
|
0
|
0
|
0
|
(4 028)
|
0
|
0
|
0
|
(4 058)
|
0
|
0
|
0
|
(4 142)
|
0
|
0
|
0
|
(4 156)
|
0
|
0
|
0
|
(3 963)
|
0
|
0
|
0
|
(4 033)
|
0
|
0
|
0
|
(3 912)
|
0
|
0
|
0
|
(3 956)
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(2 610)
|
0
|
0
|
0
|
(2 777)
|
0
|
0
|
0
|
(2 766)
|
0
|
0
|
0
|
(2 913)
|
0
|
0
|
0
|
(2 897)
|
0
|
0
|
0
|
(2 892)
|
0
|
0
|
0
|
(2 271)
|
0
|
0
|
0
|
(2 550)
|
0
|
0
|
0
|
(2 938)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
0
|
0
|
(1)
|
0
|
0
|
(2)
|
0
|
(1)
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
1
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
0
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
(2)
|
(2)
|
(1)
|
(2)
|
0
|
(1)
|
(2)
|
|
Operating Income |
24 343
N/A
|
26 149
+7%
|
26 355
+1%
|
26 841
+2%
|
26 354
-2%
|
25 339
-4%
|
27 398
+8%
|
28 869
+5%
|
29 818
+3%
|
31 045
+4%
|
30 448
-2%
|
30 777
+1%
|
31 261
+2%
|
31 409
+0%
|
32 431
+3%
|
32 990
+2%
|
33 067
+0%
|
33 368
+1%
|
33 194
-1%
|
31 948
-4%
|
32 048
+0%
|
31 127
-3%
|
27 154
-13%
|
27 480
+1%
|
28 303
+3%
|
29 522
+4%
|
31 608
+7%
|
29 785
-6%
|
27 972
-6%
|
28 380
+1%
|
27 714
-2%
|
27 465
-1%
|
25 433
-7%
|
20 357
-20%
|
18 038
-11%
|
17 367
-4%
|
19 694
+13%
|
26 187
+33%
|
31 730
+21%
|
36 168
+14%
|
34 329
-5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
185
|
214
|
233
|
351
|
496
|
683
|
829
|
903
|
917
|
790
|
605
|
1 535
|
1 479
|
1 488
|
1 381
|
831
|
3 968
|
3 937
|
3 905
|
3 559
|
677
|
333
|
381
|
291
|
420
|
443
|
793
|
1 111
|
1 616
|
2 006
|
1 968
|
2 009
|
1 640
|
1 350
|
1 820
|
1 891
|
1 030
|
1 374
|
1 244
|
1 400
|
2 437
|
|
Non-Reccuring Items |
(1 137)
|
883
|
628
|
(108)
|
1 118
|
(1 218)
|
(1 230)
|
(941)
|
(1 630)
|
(1 978)
|
(1 664)
|
(2 255)
|
(2 995)
|
(2 533)
|
(2 599)
|
(2 894)
|
(5 240)
|
(4 674)
|
(5 143)
|
(4 348)
|
(1 937)
|
(1 863)
|
(1 448)
|
(1 620)
|
(3 977)
|
(3 486)
|
(3 289)
|
(2 945)
|
(1 610)
|
(1 976)
|
(2 114)
|
(957)
|
(913)
|
(700)
|
(622)
|
(25)
|
807
|
931
|
215
|
(1 740)
|
(3 401)
|
|
Gain/Loss on Disposition of Assets |
302
|
111
|
155
|
139
|
128
|
132
|
99
|
115
|
160
|
141
|
132
|
121
|
87
|
112
|
103
|
104
|
807
|
105
|
802
|
799
|
780
|
784
|
86
|
118
|
(1 754)
|
0
|
(1 759)
|
(1 807)
|
446
|
31
|
11
|
13
|
39
|
39
|
37
|
38
|
20
|
60
|
63
|
65
|
54
|
|
Total Other Income |
882
|
849
|
797
|
707
|
480
|
607
|
658
|
538
|
1 025
|
921
|
963
|
1 238
|
951
|
1 137
|
1 152
|
1 261
|
984
|
1 072
|
1 280
|
949
|
919
|
694
|
197
|
220
|
304
|
(743)
|
1 055
|
1 224
|
436
|
433
|
376
|
356
|
431
|
311
|
381
|
641
|
524
|
623
|
629
|
268
|
219
|
|
Pre-Tax Income |
24 575
N/A
|
28 206
+15%
|
28 168
0%
|
27 930
-1%
|
28 576
+2%
|
25 543
-11%
|
27 754
+9%
|
29 484
+6%
|
30 290
+3%
|
30 919
+2%
|
30 484
-1%
|
31 416
+3%
|
30 783
-2%
|
31 613
+3%
|
32 468
+3%
|
32 292
-1%
|
33 586
+4%
|
33 808
+1%
|
34 038
+1%
|
32 907
-3%
|
32 487
-1%
|
31 075
-4%
|
26 370
-15%
|
26 489
+0%
|
23 296
-12%
|
25 736
+10%
|
28 408
+10%
|
27 368
-4%
|
28 860
+5%
|
28 874
+0%
|
27 955
-3%
|
28 886
+3%
|
26 630
-8%
|
21 357
-20%
|
19 654
-8%
|
19 912
+1%
|
22 075
+11%
|
29 175
+32%
|
33 881
+16%
|
36 161
+7%
|
33 638
-7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(9 130)
|
(9 757)
|
(9 182)
|
(9 043)
|
(8 878)
|
(8 479)
|
(9 343)
|
(9 755)
|
(10 255)
|
(10 372)
|
(10 230)
|
(10 082)
|
(9 223)
|
(9 542)
|
(9 825)
|
(10 191)
|
(11 722)
|
(11 762)
|
(11 695)
|
(11 220)
|
(10 572)
|
(10 165)
|
(8 847)
|
(8 981)
|
(8 824)
|
(9 321)
|
(10 033)
|
(9 359)
|
(8 590)
|
(8 672)
|
(8 358)
|
(8 748)
|
(8 264)
|
(6 477)
|
(5 810)
|
(5 255)
|
(6 550)
|
(8 553)
|
(10 151)
|
(11 355)
|
(9 228)
|
|
Income from Continuing Operations |
15 445
|
18 449
|
18 986
|
18 887
|
19 698
|
17 064
|
18 411
|
19 729
|
20 035
|
20 547
|
20 254
|
21 334
|
21 560
|
22 071
|
22 643
|
22 101
|
21 864
|
22 046
|
22 343
|
21 687
|
21 915
|
20 910
|
17 523
|
17 508
|
14 472
|
16 415
|
18 375
|
18 009
|
20 270
|
20 202
|
19 597
|
20 138
|
18 366
|
14 880
|
13 844
|
14 657
|
15 525
|
20 622
|
23 730
|
24 806
|
24 410
|
|
Income to Minority Interest |
(2 078)
|
(2 075)
|
(2 152)
|
(2 334)
|
(2 724)
|
(2 758)
|
(2 895)
|
(3 053)
|
(2 941)
|
(3 150)
|
(3 295)
|
(3 489)
|
(3 460)
|
(3 418)
|
(3 520)
|
(3 655)
|
(3 542)
|
(3 471)
|
(3 535)
|
(3 317)
|
(3 216)
|
(3 155)
|
(2 738)
|
(2 586)
|
(2 880)
|
(2 862)
|
(2 809)
|
(2 856)
|
(2 255)
|
(2 249)
|
(2 309)
|
(2 104)
|
(2 332)
|
(2 035)
|
(1 902)
|
(2 082)
|
(2 350)
|
(2 674)
|
(2 839)
|
(2 955)
|
(2 990)
|
|
Net Income (Common) |
13 366
N/A
|
16 372
+22%
|
16 833
+3%
|
16 552
-2%
|
16 973
+3%
|
14 306
-16%
|
15 515
+8%
|
16 675
+7%
|
17 093
+3%
|
17 396
+2%
|
16 958
-3%
|
17 844
+5%
|
18 099
+1%
|
18 652
+3%
|
19 122
+3%
|
18 445
-4%
|
18 320
-1%
|
18 573
+1%
|
18 806
+1%
|
18 368
-2%
|
18 698
+2%
|
17 754
-5%
|
14 785
-17%
|
14 922
+1%
|
11 591
-22%
|
13 553
+17%
|
15 565
+15%
|
15 152
-3%
|
18 014
+19%
|
17 951
0%
|
17 286
-4%
|
18 033
+4%
|
16 033
-11%
|
12 845
-20%
|
11 941
-7%
|
12 573
+5%
|
13 174
+5%
|
17 945
+36%
|
20 890
+16%
|
21 849
+5%
|
21 419
-2%
|
|
EPS (Diluted) |
87.93
N/A
|
107.71
+22%
|
110.74
+3%
|
108.89
-2%
|
111.82
+3%
|
94.11
-16%
|
102.74
+9%
|
111.16
+8%
|
113.47
+2%
|
115.97
+2%
|
113.05
-3%
|
118.17
+5%
|
121.05
+2%
|
126.88
+5%
|
130.08
+3%
|
125.47
-4%
|
124.85
0%
|
129.84
+4%
|
131.47
+1%
|
128.4
-2%
|
130.72
+2%
|
124.12
-5%
|
103.36
-17%
|
104.32
+1%
|
81.03
-22%
|
95.01
+17%
|
110.43
+16%
|
108.63
-2%
|
128.16
+18%
|
129.14
+1%
|
124.35
-4%
|
129.73
+4%
|
115.34
-11%
|
92.41
-20%
|
85.9
-7%
|
90.45
+5%
|
94.77
+5%
|
129.1
+36%
|
150.29
+16%
|
157.18
+5%
|
154.09
-2%
|