Hamamatsu Photonics K.K. (HPHTF)

Hamamatsu Photonics K.K. Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	213,374	212,051	203,961	221,445	208,803	169,026
Revenue Growth (YoY)	6.14%	3.97%	-7.90%	6.05%	23.53%	20.52%
Cost of Revenue	112,748	110,669	100,077	101,439	96,421	85,631
Gross Profit	100,626	101,382	103,884	120,006	112,382	83,395
Selling, General & Admin	62,125	61,008	54,019	47,575	40,769	34,179
Research & Development	18,439	18,439	13,551	12,304	11,269	11,367
Operating Expenses	86,335	85,218	71,766	63,330	55,398	49,077
Operating Income	14,291	16,164	32,118	56,676	56,984	34,318
Interest Expense	-1,034	-804	-174	-120	-82	-53
Interest & Investment Income	1,795	1,652	1,445	741	279	251
Earnings From Equity Investments	175	98	417	401	194	-3
Currency Exchange Gain (Loss)	531	558	-255	774	671	-267
Other Non Operating Income (Expenses)	1,838	1,132	961	628	832	296
EBT Excluding Unusual Items	17,596	18,800	34,512	59,100	58,878	34,542
Gain (Loss) on Sale of Investments	-59	1,636	-37	-34	-16	-66
Gain (Loss) on Sale of Assets	34	33	57	384	24	172
Asset Writedown	-452	-1,684	-994	-1,393	-735	-862
Other Unusual Items	1,424	1,929	1,897	462	516	968
Pretax Income	18,543	20,714	35,435	58,519	58,667	34,754
Income Tax Expense	5,413	6,153	10,034	15,480	17,191	9,530
Earnings From Continuing Operations	13,130	14,561	25,401	43,039	41,476	25,224
Minority Interest in Earnings	-331	-358	-256	-214	-181	-171
Net Income	12,799	14,203	25,145	42,825	41,295	25,053
Net Income to Common	12,799	14,203	25,145	42,825	41,295	25,053
Net Income Growth	-37.22%	-43.52%	-41.28%	3.71%	64.83%	51.63%
Shares Outstanding (Basic)	298	300	310	310	310	310
Shares Outstanding (Diluted)	298	300	310	310	310	310
Shares Change (YoY)	-3.27%	-3.09%	0.01%	0.01%	0.01%	0.01%
EPS (Basic)	42.90	47.32	81.18	138.28	133.35	80.91
EPS (Diluted)	42.90	47.32	81.18	138.28	133.35	80.91
EPS Growth	-35.10%	-41.72%	-41.29%	3.70%	64.82%	51.61%
Free Cash Flow	-	1,879	9,813	4,702	28,011	22,099
Free Cash Flow Per Share	-	6.26	31.68	15.18	90.45	71.37
Dividend Per Share	38.000	38.000	38.000	38.000	36.000	24.000
Dividend Growth	-	-	-	5.56%	50.00%	20.00%
Gross Margin	47.16%	47.81%	50.93%	54.19%	53.82%	49.34%
Operating Margin	6.70%	7.62%	15.75%	25.59%	27.29%	20.30%
Profit Margin	6.00%	6.70%	12.33%	19.34%	19.78%	14.82%
Free Cash Flow Margin	-	0.89%	4.81%	2.12%	13.41%	13.07%
EBITDA	37,797	38,521	49,878	71,200	70,492	47,872
EBITDA Margin	17.71%	18.17%	24.45%	32.15%	33.76%	28.32%
D&A For EBITDA	23,506	22,357	17,760	14,524	13,508	13,554
EBIT	14,291	16,164	32,118	56,676	56,984	34,318
EBIT Margin	6.70%	7.62%	15.75%	25.59%	27.29%	20.30%
Effective Tax Rate	29.19%	29.70%	28.32%	26.45%	29.30%	27.42%
Advertising Expenses	-	1,531	1,621	1,277	922	646

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.