Nichirei Corporation (FRA:NI3)

Nichirei Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	702,580	702,080	680,091	662,204	602,696	572,757
Revenue Growth (YoY)	1.08%	3.23%	2.70%	9.87%	5.23%	-2.07%
Cost of Revenue	575,908	575,852	559,945	553,330	500,451	473,954
Gross Profit	126,672	126,228	120,146	108,874	102,245	98,803
Selling, General & Admin	87,537	85,707	81,267	74,047	68,896	63,450
Research & Development	2,196	2,206	1,967	1,892	1,939	2,403
Operating Expenses	89,733	87,913	83,234	75,939	70,835	65,853
Operating Income	36,939	38,315	36,912	32,935	31,410	32,950
Interest Expense	-1,287	-1,151	-886	-787	-619	-709
Interest & Investment Income	1,830	1,743	1,262	1,068	903	879
Earnings From Equity Investments	537	536	689	292	116	376
Currency Exchange Gain (Loss)	-260	-	-	-221	-	-
Other Non Operating Income (Expenses)	247	434	278	159	-144	36
EBT Excluding Unusual Items	38,006	39,877	38,255	33,446	31,666	33,532
Gain (Loss) on Sale of Investments	4,046	343	680	1,217	3,924	144
Gain (Loss) on Sale of Assets	121	136	138	55	26	42
Asset Writedown	-2,388	-1,939	-1,768	-1,570	-1,412	-2,653
Legal Settlements	-	-	-205	-	-	-
Other Unusual Items	-494	-583	59	-162	903	538
Pretax Income	39,291	37,834	37,159	32,986	35,107	31,603
Income Tax Expense	11,153	10,785	11,255	9,349	10,839	8,954
Earnings From Continuing Operations	28,138	27,049	25,904	23,637	24,268	22,649
Minority Interest in Earnings	-2,134	-2,318	-1,409	-2,069	-886	-1,437
Net Income	26,004	24,731	24,495	21,568	23,382	21,212
Net Income to Common	26,004	24,731	24,495	21,568	23,382	21,212
Net Income Growth	1.26%	0.96%	13.57%	-7.76%	10.23%	8.18%
Shares Outstanding (Basic)	252	254	255	258	265	267
Shares Outstanding (Diluted)	252	254	255	258	265	267
Shares Change (YoY)	-1.50%	-0.53%	-1.03%	-2.47%	-0.70%	-
EPS (Basic)	103.35	97.34	95.90	83.57	88.36	79.59
EPS (Diluted)	103.35	97.34	95.90	83.57	88.36	79.59
EPS Growth	2.80%	1.51%	14.76%	-5.42%	11.01%	8.18%
Free Cash Flow	29,088	24,866	35,716	14,035	13,371	16,924
Free Cash Flow Per Share	115.60	97.88	139.83	54.38	50.53	63.50
Dividend Per Share	43.500	41.000	37.000	26.000	25.000	22.000
Dividend Growth	11.54%	10.81%	42.31%	4.00%	13.64%	4.76%
Gross Margin	18.03%	17.98%	17.67%	16.44%	16.96%	17.25%
Operating Margin	5.26%	5.46%	5.43%	4.97%	5.21%	5.75%
Profit Margin	3.70%	3.52%	3.60%	3.26%	3.88%	3.70%
Free Cash Flow Margin	4.14%	3.54%	5.25%	2.12%	2.22%	2.96%
EBITDA	60,125	62,592	61,131	55,133	52,499	52,619
EBITDA Margin	8.56%	8.91%	8.99%	8.33%	8.71%	9.19%
D&A For EBITDA	23,186	24,277	24,219	22,198	21,089	19,669
EBIT	36,939	38,315	36,912	32,935	31,410	32,950
EBIT Margin	5.26%	5.46%	5.43%	4.97%	5.21%	5.75%
Effective Tax Rate	28.39%	28.51%	30.29%	28.34%	30.87%	28.33%
Advertising Expenses	-	6,512	6,581	4,732	4,613	4,008

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