artience Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	349,979	351,064	322,122	315,927	287,989
Revenue Growth (YoY)	-0.31%	8.98%	1.96%	9.70%	11.76%
Cost of Revenue	273,964	276,445	258,272	261,725	229,284
Gross Profit	76,015	74,619	63,850	54,202	58,705
Selling, General & Admin	48,788	48,256	44,992	42,068	40,413
Research & Development	4,312	3,951	3,637	3,452	3,325
Operating Expenses	55,247	54,204	50,476	47,336	45,699
Operating Income	20,768	20,415	13,374	6,866	13,006
Interest Expense	-1,232	-2,762	-1,942	-1,365	-544
Interest & Investment Income	1,884	1,940	1,734	1,793	1,452
Earnings From Equity Investments	78	-74	-8	-173	-271
Currency Exchange Gain (Loss)	-2,307	384	357	1,833	1,537
Other Non Operating Income (Expenses)	1,696	1,104	-636	-1,049	261
EBT Excluding Unusual Items	20,887	21,007	12,879	7,905	15,441
Gain (Loss) on Sale of Investments	2,846	2,843	1,656	5,648	367
Gain (Loss) on Sale of Assets	-238	-314	-259	-86	49
Asset Writedown	-7,267	-401	-565	-456	-708
Other Unusual Items	-244	-232	-898	-652	-2,020
Pretax Income	15,984	22,903	12,813	12,359	13,129
Income Tax Expense	6,208	4,156	3,042	2,968	3,450
Earnings From Continuing Operations	9,776	18,747	9,771	9,391	9,679
Minority Interest in Earnings	564	-207	-34	-83	-187
Net Income	10,340	18,540	9,737	9,308	9,492
Net Income to Common	10,340	18,540	9,737	9,308	9,492
Net Income Growth	-44.23%	90.41%	4.61%	-1.94%	57.70%
Shares Outstanding (Basic)	49	53	53	54	56
Shares Outstanding (Diluted)	49	53	53	54	56
Shares Change (YoY)	-6.62%	-0.82%	-2.38%	-3.21%	-4.08%
EPS (Basic)	210.50	352.53	183.68	171.49	169.35
EPS (Diluted)	210.47	352.41	183.57	171.30	169.09
EPS Growth	-40.28%	91.98%	7.16%	1.31%	64.40%
Free Cash Flow	12,826	8,931	4,511	-13,398	-2,305
Free Cash Flow Per Share	261.07	169.76	85.04	-246.57	-41.06
Dividend Per Share	100.000	100.000	90.000	90.000	90.000
Dividend Growth	-	11.11%	-	-	-
Gross Margin	21.72%	21.25%	19.82%	17.16%	20.38%
Operating Margin	5.93%	5.82%	4.15%	2.17%	4.52%
Profit Margin	2.95%	5.28%	3.02%	2.95%	3.30%
Free Cash Flow Margin	3.67%	2.54%	1.40%	-4.24%	-0.80%
EBITDA	34,076	32,498	24,713	17,613	22,737
EBITDA Margin	9.74%	9.26%	7.67%	5.58%	7.90%
D&A For EBITDA	13,308	12,083	11,339	10,747	9,731
EBIT	20,768	20,415	13,374	6,866	13,006
EBIT Margin	5.93%	5.82%	4.15%	2.17%	4.52%
Effective Tax Rate	38.84%	18.15%	23.74%	24.02%	26.28%

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