Nitto Denko 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	Dec '25 Dec 31, 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	1,021,788	1,013,878	915,139	929,036	853,448	761,321
Revenue Growth (YoY)	2.23%	10.79%	-1.50%	8.86%	12.10%	2.74%
Cost of Revenue	631,701	618,365	584,280	591,592	551,059	517,872
Gross Profit	390,087	395,513	330,859	337,444	302,389	243,449
Selling, General & Admin	153,970	151,835	146,143	145,436	129,625	107,722
Research & Development	47,022	46,771	43,485	40,175	37,271	35,261
Other Operating Expenses	8,502	14,485	5,545	7,653	8,504	9,343
Operating Expenses	209,494	213,091	195,173	193,264	175,400	152,326
Operating Income	180,593	182,422	135,686	144,180	126,989	91,123
Interest Expense	-2,707	-1,137	-938	-712	-700	-769
Interest & Investment Income	3,192	2,838	2,151	1,313	547	497
Earnings From Equity Investments	88	-108	34	29	42	25
Currency Exchange Gain (Loss)	-	-1,513	-1,288	-	1,491	-279
Other Non Operating Income (Expenses)	-1	1,219	1,585	1,647	1,541	1,543
EBT Excluding Unusual Items	181,165	183,721	137,230	146,457	129,910	92,140
Gain (Loss) on Sale of Investments	-	-413	-11	-1,105	871	-
Gain (Loss) on Sale of Assets	-	2,020	1,681	1,488	1,596	1,179
Pretax Income	181,165	185,328	138,900	146,840	132,377	93,319
Income Tax Expense	46,865	48,021	36,146	37,576	35,143	23,012
Earnings From Continuing Operations	134,300	137,307	102,754	109,264	97,234	70,307
Minority Interest in Earnings	-49	-70	-75	-91	-102	-72
Net Income	134,251	137,237	102,679	109,173	97,132	70,235
Net Income to Common	134,251	137,237	102,679	109,173	97,132	70,235
Net Income Growth	3.45%	33.66%	-5.95%	12.40%	38.30%	48.94%
Shares Outstanding (Basic)	683	701	713	739	740	743
Shares Outstanding (Diluted)	684	701	714	739	740	743
Shares Change (YoY)	-2.92%	-1.73%	-3.44%	-0.16%	-0.41%	-5.07%
EPS (Basic)	196.50	195.74	143.91	147.75	131.26	94.54
EPS (Diluted)	196.40	195.65	143.86	147.70	131.20	94.48
EPS Growth	6.57%	36.00%	-2.60%	12.57%	38.87%	56.90%
Free Cash Flow	90,874	111,905	87,747	115,781	85,531	58,585
Free Cash Flow Per Share	132.94	159.55	122.94	156.64	115.53	78.81
Dividend Per Share	58.000	56.000	52.000	48.000	44.000	40.000
Dividend Growth	7.41%	7.69%	8.33%	9.09%	10.00%	-
Gross Margin	38.18%	39.01%	36.15%	36.32%	35.43%	31.98%
Operating Margin	17.67%	17.99%	14.83%	15.52%	14.88%	11.97%
Profit Margin	13.14%	13.54%	11.22%	11.75%	11.38%	9.22%
Free Cash Flow Margin	8.89%	11.04%	9.59%	12.46%	10.02%	7.70%
EBITDA	249,525	248,017	196,497	201,542	177,200	139,073
EBITDA Margin	24.42%	24.46%	21.47%	21.69%	20.76%	18.27%
D&A For EBITDA	68,932	65,595	60,811	57,362	50,211	47,950
EBIT	180,593	182,422	135,686	144,180	126,989	91,123
EBIT Margin	17.67%	17.99%	14.83%	15.52%	14.88%	11.97%
Effective Tax Rate	25.87%	25.91%	26.02%	25.59%	26.55%	24.66%

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