Marutai Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	9,496	9,604	8,944	8,332	7,949	9,333
Revenue Growth (YoY)	3.25%	7.38%	7.34%	4.82%	-14.83%	8.97%
Cost of Revenue	6,648	6,663	6,386	5,879	5,209	4,882
Gross Profit	2,848	2,941	2,558	2,453	2,740	4,451
Selling, General & Admin	2,201	2,179	2,079	2,037	2,007	3,421
Operating Expenses	2,328	2,306	2,200	2,152	2,081	3,474
Operating Income	520	635	358	301	659	977
Interest Expense	-2	-2	-3	-4	-2	-
Interest & Investment Income	33	27	18	16	14	14
Other Non Operating Income (Expenses)	35	33	46	35	56	10
EBT Excluding Unusual Items	586	693	419	348	727	1,001
Gain (Loss) on Sale of Investments	8	-	-	-	-8	-63
Asset Writedown	-295	-295	-	-1	-	-
Other Unusual Items	313	313	-	-	-	-1
Pretax Income	612	711	419	347	719	937
Income Tax Expense	191	226	137	119	228	298
Net Income	421	485	282	228	491	639
Net Income to Common	421	485	282	228	491	639
Net Income Growth	2.18%	71.99%	23.68%	-53.56%	-23.16%	55.85%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	-0.00%	-0.00%	-	-	-0.00%	-0.00%
EPS (Basic)	220.33	253.82	147.58	119.32	256.96	334.41
EPS (Diluted)	220.33	253.82	147.58	119.32	256.96	334.41
EPS Growth	2.19%	71.99%	23.68%	-53.56%	-23.16%	55.86%
Free Cash Flow	589	1,151	487	901	-2,493	-983
Free Cash Flow Per Share	308.25	602.37	254.87	471.53	-1304.69	-514.44
Gross Margin	29.99%	30.62%	28.60%	29.44%	34.47%	47.69%
Operating Margin	5.48%	6.61%	4.00%	3.61%	8.29%	10.47%
Profit Margin	4.43%	5.05%	3.15%	2.74%	6.18%	6.85%
Free Cash Flow Margin	6.20%	11.98%	5.45%	10.81%	-31.36%	-10.53%
EBITDA	1,041	1,161	886	813	997	1,268
EBITDA Margin	10.96%	12.09%	9.91%	9.76%	12.54%	13.59%
D&A For EBITDA	521	526	528	512	338	291
EBIT	520	635	358	301	659	977
EBIT Margin	5.48%	6.61%	4.00%	3.61%	8.29%	10.47%
Effective Tax Rate	31.21%	31.79%	32.70%	34.29%	31.71%	31.80%
Advertising Expenses	-	117	97	95	100	1,670

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.