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For the fiscal year ended 31 March 2022, Verite Co Ltd revenues decreased 4% to Y7.27B. Net income applicable to common stockholders decreased 20% to Y464M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Increase (decrease) in provision for ret increase of 38% to Y11M (expense). Dividend per share increased from Y31.12 to Y40.00.
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Total Revenue | 2023 | 2042 | 1781 | 1424 |
Gross Profit | 1420 | 1505 | 1286 | 981 |
Operating Income | 137 | 402 | 261 | -31 |
Net Income | 78 | 253 | 179 | -45 |
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Total Assets | 7570 | 7789 | 7059 | 7549 |
Total Liabilities | 3197 | 2956 | 2478 | 2608 |
Total Equity | 4373 | 4833 | 4581 | 4941 |
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Period Length: | 12 Months | 0 Months | 6 Months | 0 Months |
Cash From Operating Activities | 864 | 58 | ||
Cash From Investing Activities | -98 | -88 | ||
Cash From Financing Activities | -1099 | -957 | ||
Net Change in Cash | -333 | -987 |
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