Investor Relations


Financial Statements

  Year Ending Mar 2019 (Update) Year Ending Mar 2018 (Restated) Year Ending Apr 2017 (Restated) Year Ending Apr 2016 (Update) Year Ending Mar 2015 (Update)
Net Sales 3,059.04 2,467.02 2,356.74 2,213.88 2,377.34
Revenue 3,059.04 2,467.02 2,356.74 2,213.88 2,377.34
Total Revenue 3,059.04 2,467.02 2,356.74 2,213.88 2,377.34
Cost of Revenue 955.87 743.42 708.63 671.91 708.82
Cost of Revenue, Total 955.87 743.42 708.63 671.91 708.82
Gross Profit 2,103.17 1,723.60 1,648.11 1,541.97 1,668.52
Selling/General/Administrative Expense 342.32 310.42 287.13 287.34 312.68
Labor & Related Expense 52.69 51.91 48.02 44.32 40.99
Selling/General/Administrative Expenses, Total 395.02 362.33 335.15 331.65 353.67
Research & Development 743.03 639.75 601.44 533.89 525.75
Amortization of Intangibles, Operating 4.93 2.15 5.13 6.55 9.54
Depreciation/Amortization 4.93 2.15 5.13 6.55 9.54
Restructuring Charge 0.00 33.35 0.00 0.00 24.49
Litigation -- -- -- 0.00 0.00
Impairment-Assets Held for Sale -- -- -- -- --
Other Unusual Expense (Income) 3.40 -- -- 0.00 0.00
Unusual Expense (Income) 3.40 33.35 0.00 0.00 24.49
Total Operating Expense 2,102.24 1,781.00 1,650.35 1,544.00 1,622.27
Operating Income 956.80 686.02 706.39 669.88 755.08
Interest Expense - Non-Operating -52.88 -45.84 -53.95 -55.46 -55.43
Interest Expense, Net Non-Operating -52.88 -45.84 -53.95 -55.46 -55.43
Interest Income, Non-Operating 77.30 58.60 51.12 40.18 35.88
Investment Income, Non-Operating 0.00 -0.01 -- 0.01 0.04
Interest/Investment Income, Non-Operating 77.29 58.59 51.12 40.19 35.92
Interest Income (Expense), Net-Non-Operating, Total 24.41 12.75 -2.83 -15.27 -19.51
Gain (Loss) on Sale of Assets -- -- -- -- --
Other Non-Operating Income (Expense) -12.88 -7.40 -5.48 -17.79 4.51
Other, Net -12.88 -7.40 -5.48 -17.79 4.51
Net Income Before Taxes 968.33 691.38 698.08 636.83 740.08
Income Tax – Total 92.78 18.90 69.94 85.96 91.86
Income After Tax 875.55 672.48 628.13 550.87 648.22
Net Income Before Extraordinary Items 875.55 672.48 628.13 550.87 648.22
Extraordinary Item 14.20 -208.50 -- -- --
Total Extraordinary Items 14.20 -208.50 -- -- --
Net Income 889.75 463.98 628.13 550.87 648.22
Income Available to Common Excluding Extraordinary Items 875.55 672.48 628.13 550.87 648.22
Income Available to Common Stocks Including Extraordinary Items 889.75 463.98 628.13 550.87 648.22
Basic Weighted Average Shares 252.76 249.60 252.30 257.18 265.48
Basic EPS Excluding Extraordinary Items 3.46 2.69 2.49 2.14 2.44
Basic EPS Including Extraordinary Items 3.52 1.86 2.49 2.14 2.44
Diluted Net Income 889.75 463.98 628.13 550.87 648.22
Diluted Weighted Average Shares 256.43 257.96 268.81 268.67 276.12
Diluted EPS Excluding Extraordinary Items 3.41 2.61 2.34 2.05 2.35
Diluted EPS Including Extraordinary Items 3.47 1.80 2.34 2.05 2.35
DPS - Common Stock Primary Issue 1.44 1.40 1.32 1.24 1.16
Gross Dividends - Common Stock 364.24 353.05 332.54 318.99 267.30
Total Special Items 3.40 33.35 0.00 0.00 24.49
Normalized Income Before Taxes 971.73 724.73 698.08 636.83 764.57
Effect of Special Items on Income Taxes 0.33 0.91 0.00 0.00 3.04
Income Taxes Excluding Impact of Special Items 93.10 19.81 69.94 85.96 94.90
Normalized Income After Taxes 878.63 704.92 628.13 550.87 669.67
Normalized Income Available to Common 878.63 704.92 628.13 550.87 669.67
Basic Normalized EPS 3.48 2.82 2.49 2.14 2.52
Diluted Normalized EPS 3.43 2.73 2.34 2.05 2.43
Amortization of Intangibles, Supplemental 33.66 50.32 17.20 17.61 19.65
Depreciation, Supplemental 70.70 46.44 45.42 50.83 55.27
Interest Expense, Supplemental 52.88 45.84 53.95 55.46 55.43
Rental Expense, Supplemental 4.40 3.90 5.00 4.50 3.20
Stock-Based Compensation, Supplemental 147.94 153.82 122.86 111.98 99.86
Research & Development Expense, Supplemental 743.03 639.75 601.44 533.89 525.75
Audit-Related Fees, Supplemental 3.15 -- -- 2.65 2.64
Audit-Related Fees 0.54 -- -- 0.00 0.00
Tax Fees, Supplemental 0.24 -- -- 0.11 0.32
All Other Fees Paid to Auditor, Supplemental 0.00 -- -- 0.00 0.00
Gross Margin 68.75 69.87 69.93 69.65 70.18
Operating Margin 31.28 27.81 29.97 30.26 31.76
Pretax Margin 31.65 28.02 29.62 28.77 31.13
Effective Tax Rate 9.58 2.73 10.02 13.50 12.41
Net Profit Margin 28.62 27.26 26.65 24.88 27.27
Normalized EBIT 960.20 719.37 706.39 669.88 779.57
Normalized EBITDA 1,064.56 816.13 769.02 738.32 854.48
Current Tax - Domestic 90.67 565.77 -19.10 21.37 61.31
Current Tax - Foreign 16.28 23.48 21.12 18.02 9.43
Current Tax - Local 4.62 2.52 -0.94 2.45 3.33
Current Tax - Total 111.58 591.77 1.09 41.83 74.07
Deferred Tax - Domestic -16.55 -579.39 65.05 42.15 17.12
Deferred Tax - Foreign -4.80 -1.29 0.64 0.20 -1.14
Deferred Tax - Local 2.55 7.81 3.17 1.78 1.80
Deferred Tax - Total -18.80 -572.87 68.86 44.13 17.79
Income Tax - Total 92.78 18.90 69.94 85.96 91.86
Defined Contribution Expense - Retirement 15.10 -- -- 11.00 13.00
Total Pension Expense 15.10 -- -- 11.00 13.00