Shimadzu market cap is ¥1.4 t, and annual revenue was ¥391.21 b in FY 2018

Shimadzu Gross profit (Q1, 2019)32.3 B

Shimadzu Gross profit margin (Q1, 2019), %40%

Shimadzu Net income (Q1, 2019)3.4 B

Shimadzu EBIT (Q1, 2019)4.5 B

Shimadzu Cash, 30-Jun-201957.3 B

Shimadzu EV1.4 T

Shimadzu revenue was ¥391.21 b in FY, 2018 which is a 3.9% year over year increase from the previous period.

Shimadzu revenue breakdown by business segment: 61.7% from Analytical and Measuring Instruments, 7.0% from Aircraft Equipment, 17.7% from Medical Systems and Equipment, 11.6% from Industrial Machinery and 2.0% from Other

Shimadzu revenue breakdown by geographic segment: 49.6% from Japan, 9.0% from Other Asia, 18.4% from China, 8.0% from Europe, 12.5% from North and South America and 2.5% from Other

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Revenue | 342.5b | 376.5b | 391.2b |

| 10% | 4% | |

## Cost of goods sold | 206.1b | 226.7b | 234.0b |

## Gross profit | 136.4b | 149.8b | 157.2b |

| 40% | 40% | 40% |

## General and administrative expense | 99.3b | 107.0b | 112.7b |

## Operating expense total | 99.3b | 107.0b | 112.7b |

## EBIT | 37.1b | 42.8b | 44.5b |

| 11% | 11% | 11% |

## Interest expense | 138.0m | 139.0m | 119.0m |

## Interest income | 224.0m | 241.0m | 245.0m |

## Pre tax profit | 36.1b | 41.8b | 44.7b |

## Income tax expense | 8.8b | 11.5b | 11.0b |

## Net Income | 26.5b | 29.9b | 32.6b |

JPY | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 |
---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 69.7b | 154.8b | 236.3b | 75.8b | 172.1b | 263.3b | 85.7k | 182.9b | 278.2b | 80.8b |

## Cost of goods sold | 41.0b | 91.6b | 141.6b | 47.2b | 105.0b | 159.3b | 52.8k | 110.7b | 166.9b | 48.4b |

## Gross profit | 28.8b | 63.2b | 94.7b | 28.6b | 67.1b | 104.1b | 32.9k | 72.2b | 111.3b | 32.3b |

| 41% | 41% | 40% | 38% | 39% | 40% | 38% | 39% | 40% | 40% |

## General and administrative expense | 24.3b | 47.9b | 72.7b | 24.7b | 51.4b | 78.6b | 27.1k | 54.7b | 83.7b | 27.9b |

## Operating expense total | 24.3b | 47.9b | 72.7b | 24.7b | 51.4b | 78.6b | 27.1k | 54.7b | 83.7b | 27.9b |

## EBIT | 4.5b | 15.2b | 21.9b | 3.9b | 15.7b | 25.4b | 5.7k | 17.4b | 27.6b | 4.5b |

| 6% | 10% | 9% | 5% | 9% | 10% | 7% | 10% | 10% | 6% |

## Interest expense | 24.0m | 57.0m | 83.0m | 27.0m | 58.0m | 94.0m | 29.0 | 47.0m | 73.0m | 31.0m |

## Interest income | 67.0m | 130.0m | 177.0m | 50.0m | 115.0m | 175.0m | 74.0 | 129.0m | 194.0m | 78.0m |

## Pre tax profit | 4.1b | 14.3b | 22.3b | 3.6b | 15.5b | 25.5b | 6.6k | 18.1b | 27.7b | 4.5b |

## Income tax expense | 433.0m | 2.6b | 3.5b | 861.0m | 4.2b | 5.9b | 1.4k | 4.7b | 5.8b | 465.0m |

## Net Income | 3.1b | 10.4b | 15.9b | 2.4b | 11.4b | 18.1b | 4.4k | 13.0b | 19.5b | 3.4b |

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Cash | 56.7b | 76.9b | 73.6b |

## Accounts Receivable | 112.9b | 119.1b | 126.4b |

## Inventories | 76.7b | 80.6b | 83.5b |

## Current Assets | 263.1b | 293.9b | 290.9b |

## PP&E | 78.8b | 84.1b | 92.9b |

## Total Assets | 375.4b | 419.8b | 437.2b |

## Accounts Payable | 57.3b | 66.6b | 66.6b |

## Short-term debt | 4.0b | 4.2b | 18.5b |

## Current Liabilities | 104.1b | 122.0b | 133.3b |

## Long-term debt | 17.4b | 17.5b | 2.6b |

## Non-Current Liabilities | 29.6b | 29.7b | 16.0b |

## Total Debt | 21.4b | 21.7b | 21.0b |

## Total Liabilities | 133.7b | 151.7b | 149.2b |

## Common Stock | 26.6b | 26.6b | 26.6b |

## Additional Paid-in Capital | 35.2b | 35.2b | 34.9b |

## Retained Earnings | 174.4b | 198.0b | 222.8b |

## Total Equity | 241.6b | 268.1b | 287.9b |

## Debt to Equity Ratio | 0.1 x | 0.1 x | 0.1 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0 x |

## Financial Leverage | 1.6 x | 1.6 x | 1.5 x |

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Depreciation and Amortization | 9.5b | 10.6b | 11.5b |

## Accounts Receivable | (7.9b) | (6.9b) | (6.5b) |

## Inventories | (3.8b) | (5.5b) | (2.6b) |

## Accounts Payable | 5.2b | 10.0b | (600.0m) |

## Cash From Operating Activities | 29.6b | (41.2b) | 29.5b |

## Purchases of PP&E | (11.0b) | (12.0b) | (20.8b) |

## Cash From Investing Activities | (12.3b) | (11.1b) | (22.9b) |

## Short-term Borrowings | (550.0m) | (669.0m) | 570.0m |

## Long-term Borrowings | (1.6b) | (1.8b) | (2.0b) |

## Dividends Paid | (5.6b) | (6.2b) | (7.7b) |

## Cash From Financing Activities | (7.3b) | (7.9b) | (10.8b) |

## Net Change in Cash | 8.8b | 22.3b | (4.5b) |

## Interest Paid | (138.0m) | (139.0m) | (124.0m) |

## Income Taxes Paid | (9.2b) | (8.8b) | (14.8b) |

JPY | Q1, 2017 |
---|---|

## Financial Leverage | 1.5 x |