
Net One Systems Co Ltd
TSE:7518

Income Statement
Earnings Waterfall
Net One Systems Co Ltd
Revenue
|
217.5B
JPY
|
Cost of Revenue
|
-161.9B
JPY
|
Gross Profit
|
55.6B
JPY
|
Operating Expenses
|
-33.8B
JPY
|
Operating Income
|
21.8B
JPY
|
Other Expenses
|
-6.4B
JPY
|
Net Income
|
15.4B
JPY
|
Income Statement
Net One Systems Co Ltd
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
139 353
N/A
|
141 529
+2%
|
146 655
+4%
|
147 121
+0%
|
143 505
-2%
|
140 170
-2%
|
145 455
+4%
|
148 800
+2%
|
151 417
+2%
|
153 124
+1%
|
157 555
+3%
|
161 393
+2%
|
166 079
+3%
|
153 346
-8%
|
164 731
+7%
|
171 009
+4%
|
173 036
+1%
|
174 825
+1%
|
180 193
+3%
|
179 790
0%
|
181 765
+1%
|
186 353
+3%
|
187 287
+1%
|
186 427
0%
|
194 471
+4%
|
202 122
+4%
|
202 463
+0%
|
197 587
-2%
|
192 982
-2%
|
188 520
-2%
|
188 185
0%
|
203 398
+8%
|
206 212
+1%
|
209 680
+2%
|
215 757
+3%
|
210 029
-3%
|
212 994
+1%
|
205 127
-4%
|
208 163
+1%
|
212 670
+2%
|
217 510
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(107 597)
|
(109 250)
|
(113 954)
|
(114 934)
|
(113 124)
|
(111 155)
|
(115 722)
|
(118 339)
|
(119 327)
|
(118 281)
|
(121 433)
|
(123 806)
|
(127 488)
|
(116 831)
|
(125 410)
|
(129 596)
|
(130 249)
|
(131 619)
|
(135 560)
|
(134 140)
|
(134 950)
|
(137 399)
|
(137 329)
|
(136 233)
|
(142 084)
|
(146 209)
|
(145 905)
|
(142 669)
|
(139 347)
|
(136 734)
|
(137 319)
|
(150 721)
|
(154 043)
|
(159 312)
|
(165 166)
|
(159 341)
|
(160 179)
|
(152 571)
|
(153 781)
|
(157 323)
|
(161 947)
|
|
Gross Profit |
31 756
N/A
|
32 279
+2%
|
32 701
+1%
|
32 187
-2%
|
30 381
-6%
|
29 015
-4%
|
29 733
+2%
|
30 461
+2%
|
32 090
+5%
|
34 843
+9%
|
36 122
+4%
|
37 587
+4%
|
38 591
+3%
|
36 515
-5%
|
39 321
+8%
|
41 413
+5%
|
42 787
+3%
|
43 206
+1%
|
44 633
+3%
|
45 650
+2%
|
46 815
+3%
|
48 954
+5%
|
49 958
+2%
|
50 194
+0%
|
52 387
+4%
|
55 913
+7%
|
56 558
+1%
|
54 918
-3%
|
53 635
-2%
|
51 786
-3%
|
50 866
-2%
|
52 677
+4%
|
52 169
-1%
|
50 368
-3%
|
50 591
+0%
|
50 688
+0%
|
52 815
+4%
|
52 556
0%
|
54 382
+3%
|
55 347
+2%
|
55 563
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(27 391)
|
(28 158)
|
(27 501)
|
(28 017)
|
(27 757)
|
(27 392)
|
(27 188)
|
(27 637)
|
(28 528)
|
(29 475)
|
(29 688)
|
(29 825)
|
(29 846)
|
(29 590)
|
(29 983)
|
(30 548)
|
(30 870)
|
(31 397)
|
(31 875)
|
(31 794)
|
(31 985)
|
(32 455)
|
(32 483)
|
(33 194)
|
(33 808)
|
(36 240)
|
(37 445)
|
(37 392)
|
(37 520)
|
(34 996)
|
(33 981)
|
(32 086)
|
(30 625)
|
(29 733)
|
(31 047)
|
(32 028)
|
(33 100)
|
(33 023)
|
(32 686)
|
(33 198)
|
(33 811)
|
|
Selling, General & Administrative |
(27 391)
|
(24 405)
|
(27 501)
|
(28 016)
|
(27 757)
|
(23 496)
|
(27 188)
|
(27 636)
|
(28 527)
|
(26 081)
|
(29 686)
|
(29 825)
|
(29 845)
|
(26 369)
|
(29 982)
|
(30 546)
|
(30 869)
|
(27 042)
|
(31 874)
|
(31 793)
|
(31 984)
|
(27 870)
|
(32 481)
|
(33 193)
|
(33 806)
|
(31 200)
|
(37 445)
|
(37 389)
|
(37 519)
|
(30 554)
|
(33 376)
|
(32 087)
|
(30 625)
|
(25 907)
|
(31 046)
|
(32 025)
|
(33 098)
|
(27 919)
|
(32 320)
|
(32 488)
|
(32 743)
|
|
Research & Development |
0
|
(2 573)
|
0
|
0
|
0
|
(2 845)
|
0
|
0
|
0
|
(2 213)
|
0
|
0
|
0
|
(1 905)
|
0
|
0
|
0
|
(3 023)
|
0
|
0
|
0
|
(3 004)
|
0
|
0
|
0
|
(3 410)
|
0
|
0
|
0
|
(3 250)
|
0
|
0
|
0
|
(3 068)
|
0
|
0
|
0
|
(3 633)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
(1 179)
|
0
|
0
|
0
|
(1 050)
|
0
|
0
|
0
|
(1 181)
|
0
|
0
|
0
|
(1 316)
|
0
|
0
|
0
|
(1 332)
|
0
|
0
|
0
|
(1 579)
|
0
|
0
|
0
|
(1 629)
|
0
|
0
|
0
|
(1 191)
|
0
|
0
|
0
|
(756)
|
0
|
0
|
0
|
(1 470)
|
(364)
|
(709)
|
(1 066)
|
|
Other Operating Expenses |
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
(1)
|
0
|
(2)
|
0
|
(1)
|
0
|
(1)
|
(2)
|
(1)
|
0
|
(1)
|
(1)
|
0
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
0
|
(3)
|
(1)
|
(1)
|
(605)
|
1
|
0
|
(2)
|
0
|
(3)
|
(2)
|
(1)
|
(2)
|
0
|
(2)
|
|
Operating Income |
4 365
N/A
|
4 121
-6%
|
5 200
+26%
|
4 170
-20%
|
2 624
-37%
|
1 623
-38%
|
2 545
+57%
|
2 824
+11%
|
3 562
+26%
|
5 368
+51%
|
6 434
+20%
|
7 762
+21%
|
8 745
+13%
|
6 925
-21%
|
9 338
+35%
|
10 865
+16%
|
11 917
+10%
|
11 809
-1%
|
12 758
+8%
|
13 856
+9%
|
14 830
+7%
|
16 499
+11%
|
17 475
+6%
|
17 000
-3%
|
18 579
+9%
|
19 673
+6%
|
19 113
-3%
|
17 526
-8%
|
16 115
-8%
|
16 790
+4%
|
16 885
+1%
|
20 591
+22%
|
21 544
+5%
|
20 635
-4%
|
19 544
-5%
|
18 660
-5%
|
19 715
+6%
|
19 533
-1%
|
21 696
+11%
|
22 149
+2%
|
21 752
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(54)
|
(9)
|
(75)
|
(98)
|
(40)
|
86
|
(63)
|
(86)
|
(188)
|
(159)
|
(168)
|
(158)
|
(40)
|
6
|
(51)
|
4
|
26
|
(13)
|
58
|
(12)
|
(102)
|
47
|
(45)
|
26
|
87
|
(247)
|
(231)
|
(268)
|
(365)
|
(197)
|
35
|
34
|
(477)
|
(61)
|
(544)
|
(476)
|
(108)
|
(323)
|
(372)
|
(479)
|
(185)
|
|
Non-Reccuring Items |
(50)
|
(557)
|
(42)
|
(44)
|
(38)
|
(858)
|
(23)
|
(23)
|
(19)
|
(2 346)
|
(37)
|
(37)
|
(53)
|
122
|
(39)
|
(193)
|
(1 245)
|
(724)
|
(2 358)
|
(2 208)
|
(1 137)
|
(1 348)
|
(97)
|
(92)
|
(92)
|
(14)
|
(16)
|
(13)
|
(611)
|
(605)
|
0
|
(606)
|
(8)
|
(414)
|
(417)
|
(416)
|
(423)
|
(56)
|
(57)
|
(83)
|
(831)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
110
|
0
|
0
|
0
|
0
|
0
|
497
|
497
|
|
Total Other Income |
128
|
2
|
85
|
107
|
199
|
176
|
259
|
232
|
205
|
112
|
167
|
193
|
221
|
173
|
264
|
221
|
232
|
240
|
265
|
159
|
174
|
(159)
|
(95)
|
(335)
|
(1 600)
|
(1 219)
|
(1 128)
|
(662)
|
442
|
331
|
211
|
112
|
227
|
96
|
225
|
108
|
4
|
(60)
|
17
|
91
|
192
|
|
Pre-Tax Income |
4 389
N/A
|
3 557
-19%
|
5 168
+45%
|
4 135
-20%
|
2 745
-34%
|
1 027
-63%
|
2 718
+165%
|
2 947
+8%
|
3 560
+21%
|
2 975
-16%
|
6 396
+115%
|
7 760
+21%
|
8 873
+14%
|
7 226
-19%
|
9 512
+32%
|
10 897
+15%
|
10 930
+0%
|
11 312
+3%
|
10 723
-5%
|
11 795
+10%
|
13 765
+17%
|
15 039
+9%
|
17 238
+15%
|
16 599
-4%
|
16 974
+2%
|
18 193
+7%
|
17 738
-3%
|
16 583
-7%
|
15 581
-6%
|
16 319
+5%
|
17 131
+5%
|
20 131
+18%
|
21 286
+6%
|
20 366
-4%
|
18 808
-8%
|
17 876
-5%
|
19 188
+7%
|
19 094
0%
|
21 284
+11%
|
22 175
+4%
|
21 425
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 824)
|
(1 741)
|
(2 086)
|
(1 803)
|
(1 274)
|
(1 151)
|
(1 177)
|
(1 216)
|
(1 437)
|
(1 899)
|
(2 067)
|
(2 495)
|
(2 851)
|
(2 675)
|
(3 044)
|
(3 476)
|
(3 877)
|
(4 156)
|
(4 364)
|
(4 860)
|
(5 120)
|
(5 241)
|
(5 340)
|
(4 944)
|
(4 989)
|
(5 875)
|
(5 737)
|
(5 400)
|
(5 352)
|
(5 142)
|
(6 054)
|
(7 103)
|
(5 524)
|
(5 859)
|
(4 773)
|
(4 386)
|
(6 492)
|
(5 374)
|
(6 010)
|
(6 263)
|
(6 076)
|
|
Income from Continuing Operations |
2 565
|
1 816
|
3 082
|
2 332
|
1 471
|
(124)
|
1 541
|
1 731
|
2 123
|
1 076
|
4 329
|
5 265
|
6 022
|
4 551
|
6 468
|
7 421
|
7 053
|
7 156
|
6 359
|
6 935
|
8 645
|
9 798
|
11 898
|
11 655
|
11 985
|
12 318
|
12 001
|
11 183
|
10 229
|
11 177
|
11 077
|
13 028
|
15 762
|
14 507
|
14 035
|
13 490
|
12 696
|
13 720
|
15 274
|
15 912
|
15 349
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
15
|
19
|
22
|
19
|
11
|
3
|
3
|
15
|
59
|
49
|
30
|
(16)
|
(53)
|
(47)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
2 537
N/A
|
1 816
-28%
|
3 080
+70%
|
2 332
-24%
|
1 470
-37%
|
(124)
N/A
|
1 541
N/A
|
1 729
+12%
|
2 123
+23%
|
1 075
-49%
|
4 326
+302%
|
5 264
+22%
|
6 021
+14%
|
4 551
-24%
|
6 469
+42%
|
7 422
+15%
|
7 052
-5%
|
7 155
+1%
|
6 358
-11%
|
6 936
+9%
|
8 660
+25%
|
9 817
+13%
|
11 920
+21%
|
11 673
-2%
|
11 997
+3%
|
12 321
+3%
|
12 004
-3%
|
11 199
-7%
|
10 287
-8%
|
11 225
+9%
|
11 105
-1%
|
13 010
+17%
|
15 707
+21%
|
14 458
-8%
|
14 002
-3%
|
13 493
-4%
|
12 686
-6%
|
13 720
+8%
|
15 275
+11%
|
15 912
+4%
|
15 350
-4%
|
|
EPS (Diluted) |
29.84
N/A
|
21.45
-28%
|
36.23
+69%
|
27.43
-24%
|
17.29
-37%
|
-1.47
N/A
|
18.12
N/A
|
20.34
+12%
|
24.97
+23%
|
12.68
-49%
|
50.89
+301%
|
61.92
+22%
|
70.83
+14%
|
53.65
-24%
|
76.1
+42%
|
87.43
+15%
|
83.19
-5%
|
84.3
+1%
|
74.91
-11%
|
81.5
+9%
|
101.99
+25%
|
115.63
+13%
|
140.35
+21%
|
137.42
-2%
|
141.31
+3%
|
145.08
+3%
|
141.35
-3%
|
131.94
-7%
|
123.8
-6%
|
133.97
+8%
|
135.04
+1%
|
158.14
+17%
|
190.9
+21%
|
175.75
-8%
|
170.19
-3%
|
164.72
-3%
|
158.73
-4%
|
169.64
+7%
|
192.4
+13%
|
200.42
+4%
|
193.22
-4%
|