Marubeni 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	2016 - 2020
Period Ending	Sep '25 Sep 30, 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	2016 - 2020
Operating Revenue	8,102,368	7,790,168	7,250,515	9,190,472	8,497,153	6,325,550	Upgrade
Other Revenue	-	-	-	-	11,438	6,864	Upgrade
Revenue	8,102,368	7,790,168	7,250,515	9,190,472	8,508,591	6,332,414	Upgrade
Revenue Growth (YoY)	9.62%	7.44%	-21.11%	8.01%	34.37%	-7.25%	Upgrade
Cost of Revenue	6,964,983	6,643,583	6,184,697	8,139,177	7,613,260	5,656,996	Upgrade
Gross Profit	1,220,354	1,229,554	1,116,758	1,094,664	911,001	696,206	Upgrade
Selling, General & Admin	875,694	862,994	781,209	704,500	606,551	529,326	Upgrade
Operating Expenses	883,875	874,275	789,497	710,481	610,841	533,865	Upgrade
Operating Income	336,479	355,279	327,261	384,183	300,160	162,341	Upgrade
Interest Expense	-81,070	-80,370	-72,552	-56,782	-21,837	-22,947	Upgrade
Interest & Investment Income	38,367	36,567	49,762	35,439	35,316	26,653	Upgrade
Earnings From Equity Investments	204,611	209,911	260,458	243,398	220,885	120,476	Upgrade
Currency Exchange Gain (Loss)	81,575	81,575	7,126	22,258	-13,989	342	Upgrade
Other Non Operating Income (Expenses)	13,172	7,272	11,824	-18,431	2,018	-4,025	Upgrade
EBT Excluding Unusual Items	593,134	610,234	583,879	610,065	522,553	282,840	Upgrade
Impairment of Goodwill	-	-	-	-	-	-572	Upgrade
Gain (Loss) on Sale of Investments	125,758	30,658	3,469	57,475	11,183	7,727	Upgrade
Gain (Loss) on Sale of Assets	-2,484	4,916	4,424	3,739	2,574	1,289	Upgrade
Asset Writedown	-16,601	-16,601	-24,636	-19,534	-7,520	-9,542	Upgrade
Pretax Income	699,807	629,207	567,136	651,745	528,790	281,742	Upgrade
Income Tax Expense	116,503	114,203	84,588	98,926	93,840	50,761	Upgrade
Earnings From Continuing Operations	583,304	515,004	482,548	552,819	434,950	230,981	Upgrade
Minority Interest in Earnings	-12,939	-12,039	-11,136	-9,818	-10,630	-7,725	Upgrade
Net Income	570,365	502,965	471,412	543,001	424,320	223,256	Upgrade
Preferred Dividends & Other Adjustments	-	-	952	2,550	2,971	3,929	Upgrade
Net Income to Common	570,365	502,965	470,460	540,451	421,349	219,327	Upgrade
Net Income Growth	24.47%	6.69%	-13.18%	27.97%	90.06%	-	Upgrade
Shares Outstanding (Basic)	1,646	1,661	1,683	1,710	1,735	1,736	Upgrade
Shares Outstanding (Diluted)	1,646	1,663	1,685	1,713	1,738	1,738	Upgrade
Shares Change (YoY)	-1.44%	-1.32%	-1.62%	-1.46%	-0.03%	0.17%	Upgrade
EPS (Basic)	346.42	302.78	279.62	316.11	242.89	126.32	Upgrade
EPS (Diluted)	346.42	302.51	279.24	315.58	242.44	126.17	Upgrade
EPS Growth	26.55%	8.33%	-11.52%	30.17%	92.16%	-	Upgrade
Free Cash Flow	-	420,391	289,098	502,074	210,114	272,979	Upgrade
Free Cash Flow Per Share	-	252.85	171.59	293.18	120.90	157.03	Upgrade
Dividend Per Share	100.000	95.000	85.000	78.000	62.000	33.000	Upgrade
Dividend Growth	12.99%	11.77%	8.97%	25.81%	87.88%	-5.71%	Upgrade
Gross Margin	15.06%	15.78%	15.40%	11.91%	10.71%	10.99%	Upgrade
Operating Margin	4.15%	4.56%	4.51%	4.18%	3.53%	2.56%	Upgrade
Profit Margin	7.04%	6.46%	6.49%	5.88%	4.95%	3.46%	Upgrade
Free Cash Flow Margin	-	5.40%	3.99%	5.46%	2.47%	4.31%	Upgrade
EBITDA	455,035	473,147	429,444	478,724	383,677	249,609	Upgrade
EBITDA Margin	5.62%	6.07%	5.92%	5.21%	4.51%	3.94%	Upgrade
D&A For EBITDA	118,556	117,868	102,183	94,541	83,517	87,268	Upgrade
EBIT	336,479	355,279	327,261	384,183	300,160	162,341	Upgrade
EBIT Margin	4.15%	4.56%	4.51%	4.18%	3.53%	2.56%	Upgrade
Effective Tax Rate	16.65%	18.15%	14.92%	15.18%	17.75%	18.02%	Upgrade
Revenue as Reported	7,790,168	7,790,168	7,250,515	9,190,472	-	-	Upgrade

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