Marutai Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	9,552	9,604	8,944	8,332	7,949
Revenue Growth (YoY)	-0.54%	7.38%	7.34%	4.82%	-14.83%
Cost of Revenue	6,688	6,663	6,386	5,879	5,209
Gross Profit	2,864	2,941	2,558	2,453	2,740
Selling, General & Admin	2,191	2,179	2,079	2,037	2,007
Operating Expenses	2,313	2,306	2,200	2,152	2,081
Operating Income	551	635	358	301	659
Interest Expense	-1	-2	-3	-4	-2
Interest & Investment Income	35	27	18	16	14
Other Non Operating Income (Expenses)	34	33	46	35	56
EBT Excluding Unusual Items	619	693	419	348	727
Gain (Loss) on Sale of Investments	8	-	-	-	-8
Asset Writedown	-	-295	-	-1	-
Other Unusual Items	-	313	-	-	-
Pretax Income	627	711	419	347	719
Income Tax Expense	203	226	137	119	228
Net Income	424	485	282	228	491
Net Income to Common	424	485	282	228	491
Net Income Growth	-12.58%	71.99%	23.68%	-53.56%	-23.16%
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	-0.00%	-0.00%	-	-	-0.00%
EPS (Basic)	221.90	253.82	147.58	119.32	256.96
EPS (Diluted)	221.90	253.82	147.58	119.32	256.96
EPS Growth	-12.57%	71.99%	23.68%	-53.56%	-23.16%
Free Cash Flow	-38	1,151	487	901	-2,493
Free Cash Flow Per Share	-19.89	602.37	254.87	471.53	-1304.69
Gross Margin	29.98%	30.62%	28.60%	29.44%	34.47%
Operating Margin	5.77%	6.61%	4.00%	3.61%	8.29%
Profit Margin	4.44%	5.05%	3.15%	2.74%	6.18%
Free Cash Flow Margin	-0.40%	11.98%	5.45%	10.81%	-31.36%
EBITDA	1,074	1,161	886	813	997
EBITDA Margin	11.24%	12.09%	9.91%	9.76%	12.54%
D&A For EBITDA	523	526	528	512	338
EBIT	551	635	358	301	659
EBIT Margin	5.77%	6.61%	4.00%	3.61%	8.29%
Effective Tax Rate	32.38%	31.79%	32.70%	34.29%	31.71%
Advertising Expenses	101	117	97	95	100