Nippon ShinyakuNippon Shinyaku Co.,Ltd.4516東証プライム医薬品FY ending Mar 2024, consolidated, IFRS

Nippon Shinyaku revenue and profit

Revenue changed +2.8% from the prior year.

Five-year trend

Revenue¥148.3B
FY ending Mar 2020: ¥116.6B¥116.6BFY ending Mar 2022: ¥137.5B¥137.5BFY ending Mar 2023: ¥144.2B¥144.2BFY ending Mar 2024: ¥148.3B¥148.3BFY20FY22FY23FY24
Operating income—
FY ending Mar 2020: ¥21.7B¥21.7BFY20FY22FY23FY24
Operating margin—
FY ending Mar 2020: 18.6%18.6%FY20FY22FY23FY24

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin17.4%
Asset turnover0.59×
ROA10.3%
ROA10.3%
Financial leverage1.14×
ROE11.7%

Denominators: average assets and ending equity; net assets approximate parent equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin17.4%
2020: 14.5%14.5%2022: 18.2%18.2%2024: 17.4%17.4%20222324
Asset turnover0.59×
2020: 0.64×0.64×2022: 0.63×0.63×2024: 0.59×0.59×20222324
ROA10.3%
2020: 9.3%9.3%2022: 11.4%11.4%2023: 10.0%10.0%2024: 10.3%10.3%20222324
Financial leverage1.14×
2020: 1.24×1.24×2022: 1.24×1.24×2024: 1.14×1.14×20222324
ROE11.7%
2020: 11.5%11.5%2022: 14.1%14.1%2024: 11.7%11.7%20222324
PeriodNet marginAsset turnoverROAFinancial leverageROE
202014.5%0.64×9.3%1.24×11.5%
202218.2%0.63×11.4%1.24×14.1%
2023——×10.0%—×—
202417.4%0.59×10.3%1.14×11.7%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue—
2020: 22.4%22.4%20222324
PPE ÷ total assets—
2020: 14.4%14.4%20222324

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

Receivable days—
2020: 128d128d20222324
Payable days—
2020: 77d77d20222324

R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.

Income statement (JPY millions)

ItemFY ending Mar 2020FY ending Mar 2022FY ending Mar 2023FY ending Mar 2024
Revenue116,637137,484144,175148,255
Cost of revenue53,155———
Gross profit63,481———
SG&A41,813———
Operating income21,668———
Pretax income22,44233,30130,48933,616
Income tax5,553———
Net income attributable to owners16,86624,98622,81225,851
Operating margin18.6%———

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

ItemFY ending Mar 2020FY ending Mar 2022FY ending Mar 2023FY ending Mar 2024
Cash and equivalents¥43.6B¥60.6B¥60B¥58.1B
Total assets¥181.5B¥219.9B¥237.5B¥263.4B
Net assets¥146.9B¥176.8B—¥220.5B
Share capital¥5.17B———
Trade receivables¥40.9B———
Property, plant and equipment¥26.1B———
Intangible assets excluding goodwill¥546M———
Investment securities¥18.9B———
Current assets¥120.8B———
Current liabilities¥25B———
Trade payables¥11.2B———
Total liabilities¥34.7B———
Non-controlling interests¥269M———
Equity attributable to owners of parent¥146.6B———
Retained earnings¥132.1B———
Treasury stock-¥2.47B———

Sources

Show source documents (4)
  • EDINET (FSA Japan)

    有価証券報告書-第163期(2025/04/01-2026/03/31)

    ID S100YGRG2026-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第161期(2023/04/01-2024/03/31)

    ID S100TXM62024-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第159期(令和3年4月1日-令和4年3月31日)

    ID S100OM322022-06-30Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第158期(令和2年4月1日-令和3年3月31日)

    ID S100LX4O2021-07-02Open

Extracted from XBRL: 10 / Derived from other figures: 1

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