Mandom 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	78,253	76,183	73,233	67,047	57,361	63,310
Revenue Growth (YoY)	3.95%	4.03%	9.23%	16.89%	-9.40%	-22.58%
Cost of Revenue	42,876	43,284	41,703	38,362	33,964	33,882
Gross Profit	35,377	32,899	31,530	28,685	23,397	29,428
Selling, General & Admin	30,383	28,843	26,365	24,205	22,652	27,116
Research & Development	1,515	1,515	1,536	1,402	1,399	1,480
Amortization of Goodwill & Intangibles	283	283	263	253	226	216
Operating Expenses	33,410	31,870	29,509	27,274	25,706	30,221
Operating Income	1,967	1,029	2,021	1,411	-2,309	-793
Interest Expense	-30	-34	-27	-21	-22	-23
Interest & Investment Income	632	665	533	352	301	330
Earnings From Equity Investments	263	337	365	230	162	95
Currency Exchange Gain (Loss)	18	113	-20	122	-2	-13
Other Non Operating Income (Expenses)	119	70	108	112	15	130
EBT Excluding Unusual Items	2,969	2,180	2,980	2,206	-1,855	-274
Gain (Loss) on Sale of Investments	82	83	1,040	42	1,162	1,790
Gain (Loss) on Sale of Assets	29	37	214	8	1	-3
Asset Writedown	-53	-7	-361	-16	-68	-293
Other Unusual Items	-372	3	-2	-652	-1	-
Pretax Income	2,655	2,296	3,871	1,588	-761	1,220
Income Tax Expense	811	780	1,108	571	72	496
Earnings From Continuing Operations	1,844	1,516	2,763	1,017	-833	724
Minority Interest in Earnings	86	343	-162	-59	212	136
Net Income	1,930	1,859	2,601	958	-621	860
Net Income to Common	1,930	1,859	2,601	958	-621	860
Net Income Growth	-25.16%	-28.53%	171.50%	-	-	-80.65%
Shares Outstanding (Basic)	45	45	45	45	45	45
Shares Outstanding (Diluted)	45	45	45	45	45	45
Shares Change (YoY)	0.35%	0.21%	-0.01%	0.08%	0.15%	-1.41%
EPS (Basic)	42.76	41.25	57.84	21.30	-13.82	19.17
EPS (Diluted)	42.76	41.25	57.84	21.30	-13.82	19.17
EPS Growth	-25.43%	-28.68%	171.52%	-	-	-80.38%
Free Cash Flow	1,849	3,389	5,361	2,865	5,952	-2,011
Free Cash Flow Per Share	40.97	75.21	119.22	63.71	132.46	-44.82
Dividend Per Share	20.000	40.000	40.000	38.000	36.000	32.000
Dividend Growth	-50.00%	-	5.26%	5.56%	12.50%	-48.39%
Gross Margin	45.21%	43.18%	43.05%	42.78%	40.79%	46.48%
Operating Margin	2.51%	1.35%	2.76%	2.10%	-4.03%	-1.25%
Profit Margin	2.47%	2.44%	3.55%	1.43%	-1.08%	1.36%
Free Cash Flow Margin	2.36%	4.45%	7.32%	4.27%	10.38%	-3.18%
EBITDA	6,156	5,294	6,699	6,652	3,254	4,241
EBITDA Margin	7.87%	6.95%	9.15%	9.92%	5.67%	6.70%
D&A For EBITDA	4,189	4,265	4,678	5,241	5,563	5,034
EBIT	1,967	1,029	2,021	1,411	-2,309	-793
EBIT Margin	2.51%	1.35%	2.76%	2.10%	-4.03%	-1.25%
Effective Tax Rate	30.55%	33.97%	28.62%	35.96%	-	40.66%
Advertising Expenses	-	7,662	7,185	5,560	5,225	9,618

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