Nakanishi Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	79,172	77,041	59,692	48,671	44,857	33,055	Upgrade
Revenue Growth (YoY)	5.43%	29.06%	22.64%	8.50%	35.70%	-6.67%	Upgrade
Cost of Revenue	34,137	32,623	23,568	17,450	17,563	13,324	Upgrade
Gross Profit	45,034	44,418	36,124	31,221	27,294	19,731	Upgrade
Selling, General & Admin	27,259	25,790	19,893	15,005	12,845	10,472	Upgrade
Amortization of Goodwill & Intangibles	1,655	1,655	549	55	54	49	Upgrade
Operating Expenses	31,291	29,822	21,858	15,832	13,544	11,188	Upgrade
Operating Income	13,744	14,596	14,266	15,389	13,750	8,543	Upgrade
Interest Expense	-150.75	-67	-13	-2	-3	-3	Upgrade
Interest & Investment Income	1,232	1,067	656	741	285	190	Upgrade
Earnings From Equity Investments	-	-	-100	812	284	-17	Upgrade
Currency Exchange Gain (Loss)	911.24	1,020	2,088	610	-496	-293	Upgrade
Other Non Operating Income (Expenses)	198.7	665	339	94	130	207	Upgrade
EBT Excluding Unusual Items	15,935	17,281	17,236	17,644	13,950	8,627	Upgrade
Gain (Loss) on Sale of Investments	-388.51	-389	11,698	-	17	437	Upgrade
Gain (Loss) on Sale of Assets	3.06	-2	-1	30	-	1	Upgrade
Asset Writedown	-2,956	-2,945	-28	-378	-31	-3	Upgrade
Other Unusual Items	-233.89	-287	-99	-1	-	-	Upgrade
Pretax Income	12,709	13,658	28,806	17,295	13,936	9,062	Upgrade
Income Tax Expense	6,032	5,081	5,969	4,823	3,833	2,607	Upgrade
Earnings From Continuing Operations	6,678	8,577	22,837	12,472	10,103	6,455	Upgrade
Minority Interest in Earnings	0.66	-	-2	-1	-1	-	Upgrade
Net Income	6,678	8,577	22,835	12,471	10,102	6,455	Upgrade
Net Income to Common	6,678	8,577	22,835	12,471	10,102	6,455	Upgrade
Net Income Growth	-23.06%	-62.44%	83.10%	23.45%	56.50%	-9.11%	Upgrade
Shares Outstanding (Basic)	83	85	85	86	87	87	Upgrade
Shares Outstanding (Diluted)	83	85	85	86	87	87	Upgrade
Shares Change (YoY)	-1.51%	-0.65%	-0.60%	-0.91%	-0.12%	0.01%	Upgrade
EPS (Basic)	79.61	101.36	268.03	145.47	116.72	74.49	Upgrade
EPS (Diluted)	79.37	101.06	267.29	145.11	116.47	74.34	Upgrade
EPS Growth	-22.18%	-62.19%	84.20%	24.59%	56.67%	-9.12%	Upgrade
Free Cash Flow	-	10,476	2,923	4,294	10,201	8,320	Upgrade
Free Cash Flow Per Share	-	123.42	34.21	49.96	117.61	95.81	Upgrade
Dividend Per Share	52.000	52.000	50.000	46.000	-	30.000	Upgrade
Dividend Growth	-	4.00%	8.70%	-	-	-	Upgrade
Gross Margin	-	57.66%	60.52%	64.15%	60.85%	59.69%	Upgrade
Operating Margin	17.36%	18.95%	23.90%	31.62%	30.65%	25.85%	Upgrade
Profit Margin	8.43%	11.13%	38.26%	25.62%	22.52%	19.53%	Upgrade
Free Cash Flow Margin	-	13.60%	4.90%	8.82%	22.74%	25.17%	Upgrade
EBITDA	21,396	20,459	17,744	17,493	15,611	10,351	Upgrade
EBITDA Margin	-	26.56%	29.73%	35.94%	34.80%	31.31%	Upgrade
D&A For EBITDA	7,652	5,863	3,478	2,104	1,861	1,808	Upgrade
EBIT	13,744	14,596	14,266	15,389	13,750	8,543	Upgrade
EBIT Margin	-	18.95%	23.90%	31.62%	30.65%	25.85%	Upgrade
Effective Tax Rate	-	37.20%	20.72%	27.89%	27.50%	28.77%	Upgrade
Advertising Expenses	-	5,147	3,326	2,283	1,861	1,285	Upgrade

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