Nakanishi Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	81,179	77,041	59,692	48,671	44,857
Revenue Growth (YoY)	5.37%	29.06%	22.64%	8.50%	35.70%
Cost of Revenue	35,119	32,623	23,568	17,450	17,563
Gross Profit	46,060	44,418	36,124	31,221	27,294
Selling, General & Admin	31,971	25,790	19,893	15,005	12,845
Amortization of Goodwill & Intangibles	-	1,655	549	55	54
Operating Expenses	31,971	29,822	21,858	15,832	13,544
Operating Income	14,090	14,596	14,266	15,389	13,750
Interest Expense	-199.17	-67	-13	-2	-3
Interest & Investment Income	1,501	1,067	656	741	285
Earnings From Equity Investments	-	-	-100	812	284
Currency Exchange Gain (Loss)	1,517	1,020	2,088	610	-496
Other Non Operating Income (Expenses)	25.42	665	339	94	130
EBT Excluding Unusual Items	16,934	17,281	17,236	17,644	13,950
Gain (Loss) on Sale of Investments	-	-389	11,698	-	17
Gain (Loss) on Sale of Assets	2.42	-2	-1	30	-
Asset Writedown	-13,823	-2,945	-28	-378	-31
Legal Settlements	164.92	-	-	-	-
Other Unusual Items	-	-287	-99	-1	-
Pretax Income	3,279	13,658	28,806	17,295	13,936
Income Tax Expense	5,677	5,081	5,969	4,823	3,833
Earnings From Continuing Operations	-2,398	8,577	22,837	12,472	10,103
Minority Interest in Earnings	-	-	-2	-1	-1
Net Income	-2,398	8,577	22,835	12,471	10,102
Net Income to Common	-2,398	8,577	22,835	12,471	10,102
Net Income Growth	-	-62.44%	83.10%	23.45%	56.50%
Shares Outstanding (Basic)	84	85	85	86	87
Shares Outstanding (Diluted)	84	85	85	86	87
Shares Change (YoY)	-1.56%	-0.65%	-0.60%	-0.91%	-0.12%
EPS (Basic)	-28.70	101.36	268.03	145.47	116.72
EPS (Diluted)	-28.70	101.06	267.29	145.11	116.47
EPS Growth	-	-62.19%	84.20%	24.59%	56.67%
Free Cash Flow	12,255	10,476	2,923	4,294	10,201
Free Cash Flow Per Share	146.68	123.42	34.21	49.96	117.61
Dividend Per Share	54.000	52.000	50.000	46.000	-
Dividend Growth	3.85%	4.00%	8.70%	-	-
Gross Margin	56.74%	57.66%	60.52%	64.15%	60.85%
Operating Margin	17.36%	18.95%	23.90%	31.62%	30.65%
Profit Margin	-2.95%	11.13%	38.26%	25.62%	22.52%
Free Cash Flow Margin	15.10%	13.60%	4.90%	8.82%	22.74%
EBITDA	19,899	20,459	17,744	17,493	15,611
EBITDA Margin	24.51%	26.56%	29.73%	35.94%	34.80%
D&A For EBITDA	5,810	5,863	3,478	2,104	1,861
EBIT	14,090	14,596	14,266	15,389	13,750
EBIT Margin	17.36%	18.95%	23.90%	31.62%	30.65%
Effective Tax Rate	173.15%	37.20%	20.72%	27.89%	27.50%
Advertising Expenses	-	5,147	3,326	2,283	1,861

Source: S&P Global Market Intelligence. Standard template. Financial Sources.