RIGHT ON Income Statement

Financials in millions JPY. Fiscal year is September - August.

Millions JPY. Fiscal year is Sep - Aug.

Fiscal Year	FY 2025	FY 2024	FY 2021	FY 2020	FY 2019
Period Ending	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '21 Aug 31, 2021	Aug '20 Aug 31, 2020	Aug '19 Aug 31, 2019
Revenue	28,130	38,808	49,605	52,969	68,271
Revenue Growth (YoY)	-27.52%	-21.77%	-6.35%	-22.41%	-11.10%
Cost of Revenue	13,513	23,343	24,440	28,362	35,561
Gross Profit	14,617	15,465	25,165	24,607	32,710
Selling, General & Admin	15,108	20,502	24,350	27,487	33,344
Other Operating Expenses	8	44	-48	-4	2.77
Operating Expenses	15,116	20,546	25,115	28,382	34,718
Operating Income	-499	-5,081	50	-3,775	-2,008
Interest Expense	-74	-54	-70	-36	-54.46
Interest & Investment Income	-	5	-	-	-
Currency Exchange Gain (Loss)	-	-	38	44	-31.38
Other Non Operating Income (Expenses)	-181	-35	70	60	65.54
EBT Excluding Unusual Items	-754	-5,165	88	-3,707	-2,028
Merger & Restructuring Charges	-	-1,562	-	-	-
Gain (Loss) on Sale of Investments	-	172	-	-	6.46
Gain (Loss) on Sale of Assets	2	21	10	-	-15.69
Asset Writedown	-293	-5,076	-1,455	-1,063	-3,203
Other Unusual Items	719	-412	-545	-762	-117.23
Pretax Income	-326	-11,989	-1,902	-5,532	-5,358
Income Tax Expense	123	153	168	188	313.85
Net Income	-449	-12,142	-2,070	-5,720	-5,671
Net Income to Common	-449	-12,142	-2,070	-5,720	-5,671
Shares Outstanding (Basic)	34	30	28	28	28
Shares Outstanding (Diluted)	34	30	28	28	28
Shares Change (YoY)	15.10%	7.25%	-0.00%	0.03%	0.06%
EPS (Basic)	-13.19	-410.49	-75.05	-207.40	-205.70
EPS (Diluted)	-13.19	-410.49	-75.05	-207.40	-205.70
Free Cash Flow	-4,397	-771	-690	-4,398	55.38
Free Cash Flow Per Share	-129.14	-26.07	-25.02	-159.46	2.01
Dividend Per Share	-	-	-	-	9.231
Dividend Growth	-	-	-	-	-53.85%
Gross Margin	51.96%	39.85%	50.73%	46.45%	47.91%
Operating Margin	-1.77%	-13.09%	0.10%	-7.13%	-2.94%
Profit Margin	-1.60%	-31.29%	-4.17%	-10.80%	-8.31%
Free Cash Flow Margin	-15.63%	-1.99%	-1.39%	-8.30%	0.08%
EBITDA	-	-4,600	881	-2,817	-636.92
EBITDA Margin	-	-11.85%	1.78%	-5.32%	-0.93%
D&A For EBITDA	-	481	831	958	1,371
EBIT	-499	-5,081	50	-3,775	-2,008
EBIT Margin	-1.77%	-13.09%	0.10%	-7.13%	-2.94%
Advertising Expenses	-	-	1,559	2,107	-

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