Below are the financial statements of SMC, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in billions of JPY | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and deposits | 511.26a | 603.57a |
Notes and accounts receivable-trade | 217.67a | 228.85a |
Securities | 0.03a | 19.93a |
Merchandise and finished goods | 197.3a | 165.29a |
Work in process | 37.24a | 31.39a |
Raw materials and supplies | 285.02a | 221.93a |
Other | 60.5a | 53.64a |
Allowance for doubtful accounts | -1.03a | -0.74a |
Total current assets | 1,307.99a | 1,323.85a |
Property, plant and equipment | — | — |
Buildings and structures | 259.9a | 220.76a |
Accumulated depreciation | -111.5a | -97a |
Buildings and structures, net | 148.36a | 123.75a |
Machinery, equipment and vehicles | 186.88a | 157.42a |
Accumulated depreciation | -118.71a | -105.33a |
Machinery, equipment and vehicles, net | 68.17a | 52.1a |
Tools, furniture and fixtures | 108.16a | 89.75a |
Accumulated depreciation | -86.87a | -75.85a |
Tools, furniture and fixtures, net | 21.29a | 13.9a |
Land | 90.48a | 87.75a |
Construction in progress | 85.26a | 49.5a |
Total property, plant and equipment | 413.56a | 327a |
Intangible assets | — | — |
Leasehold interests in land | 11.72a | 11.76a |
Other | 5.61a | 4.83a |
Total intangible assets | 17.33a | 16.59a |
Investments and other assets | — | — |
Investment securities | 172.44a | 92.42a |
Retirement benefit asset | 17.49a | 11.64a |
Insurance funds | 147.19a | 143.9a |
Deferred tax assets | 10.87a | 7.46a |
Other | 9.37a | 6.54a |
Allowance for doubtful accounts | -1.68a | -1.45a |
Total investments and other assets | 355.68a | 260.51a |
Total non-current assets | 786.57a | 604.09a |
Total assets | 2,094.56a | 1,927.94a |
Current liabilities | — | — |
Notes and accounts payable-trade | 58.82a | 73.64a |
Short-term borrowings | 7.34a | 7.14a |
Income taxes payable | 29.32a | 42.44a |
Provision for bonuses | 5.16a | 5.14a |
Other | 63.96a | 60.49a |
Total current liabilities | 164.6a | 188.85a |
Non-current liabilities | — | — |
Long-term borrowings | 5.73a | 5.05a |
Deferred tax liabilities | 21.8a | 16.09a |
Provision for retirement benefits for directors | 0.72a | 0.46a |
Provision for share awards for directors | 0.27a | 0.11a |
Retirement benefit liability | 8.03a | 7.58a |
Other | 7.54a | 7.47a |
Total non-current liabilities | 44.09a | 36.77a |
Total liabilities | 208.69a | 225.62a |
Shareholders’ equity | — | — |
Share capital | 61.01a | 61.01a |
Capital surplus | 73.34a | 73.34a |
Retained earnings | 1,716.35a | 1,596.09a |
Treasury shares | -194.8a | -164.17a |
Total shareholders' equity | 1,655.91a | 1,566.27a |
Accumulated other comprehensive income | — | — |
Valuation difference on available-for-sale securities | 14.78a | 7.57a |
Foreign currency translation adjustment | 203.51a | 120.28a |
Remeasurements of defined benefit plans | 7.39a | 4.3a |
Total accumulated other comprehensive income | 225.68a | 132.15a |
Net assets | — | — |
Non-controlling interests | 4.28a | 3.91a |
Total net assets | 1,885.87a | 1,702.33a |
Total liabilities and net assets | 2,094.56a | 1,927.94a |
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