Pilot Corporation (POGHF)

Pilot Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	125,320	126,168	118,590	112,850	103,057	87,096
Revenue Growth (YoY)	-0.26%	6.39%	5.09%	9.50%	18.33%	-16.02%
Cost of Revenue	60,346	61,440	56,712	52,738	48,864	41,858
Gross Profit	64,974	64,728	61,878	60,112	54,193	45,238
Selling, General & Admin	47,144	45,378	41,528	37,605	33,737	29,875
Operating Expenses	47,144	46,922	42,875	38,867	34,867	31,097
Operating Income	17,830	17,806	19,003	21,245	19,326	14,141
Interest Expense	-73	-148	-202	-110	-105	-142
Interest & Investment Income	1,094	1,238	907	591	265	191
Currency Exchange Gain (Loss)	351	984	865	705	586	-327
Other Non Operating Income (Expenses)	161	228	265	200	289	492
EBT Excluding Unusual Items	19,363	20,108	20,838	22,631	20,361	14,355
Gain (Loss) on Sale of Investments	226	1,344	287	1	-	-408
Gain (Loss) on Sale of Assets	50	79	386	492	14	517
Asset Writedown	-244	-168	-248	-117	-19	-112
Other Unusual Items	108	18	-1,025	-370	144	-30
Pretax Income	19,615	21,381	20,238	22,637	20,500	14,322
Income Tax Expense	5,858	6,150	6,480	6,782	6,142	4,147
Earnings From Continuing Operations	13,757	15,231	13,758	15,855	14,358	10,175
Minority Interest in Earnings	-89	-50	-97	-82	-88	-242
Net Income	13,668	15,181	13,661	15,773	14,270	9,933
Net Income to Common	13,668	15,181	13,661	15,773	14,270	9,933
Net Income Growth	0.99%	11.13%	-13.39%	10.53%	43.66%	-25.19%
Shares Outstanding (Basic)	38	39	39	39	39	39
Shares Outstanding (Diluted)	38	39	39	39	39	39
Shares Change (YoY)	-0.75%	-0.95%	0.01%	0.01%	-	-
EPS (Basic)	356.21	388.52	346.29	399.85	361.79	251.83
EPS (Diluted)	356.21	388.52	346.29	399.85	361.79	251.83
EPS Growth	3.40%	12.19%	-13.40%	10.52%	43.66%	-25.19%
Free Cash Flow	-	11,535	1,189	9,437	16,502	10,418
Free Cash Flow Per Share	-	295.21	30.14	239.23	418.38	264.13
Dividend Per Share	124.000	117.000	100.000	90.000	60.000	55.000
Dividend Growth	20.39%	17.00%	11.11%	50.00%	9.09%	22.22%
Gross Margin	51.85%	51.30%	52.18%	53.27%	52.59%	51.94%
Operating Margin	14.23%	14.11%	16.02%	18.83%	18.75%	16.24%
Profit Margin	10.91%	12.03%	11.52%	13.98%	13.85%	11.40%
Free Cash Flow Margin	-	9.14%	1.00%	8.36%	16.01%	11.96%
EBITDA	23,160	22,928	23,660	25,067	22,886	18,029
EBITDA Margin	18.48%	18.17%	19.95%	22.21%	22.21%	20.70%
D&A For EBITDA	5,330	5,122	4,657	3,822	3,560	3,888
EBIT	17,830	17,806	19,003	21,245	19,326	14,141
EBIT Margin	14.23%	14.11%	16.02%	18.83%	18.75%	16.24%
Effective Tax Rate	29.87%	28.76%	32.02%	29.96%	29.96%	28.95%
Advertising Expenses	-	8,782	8,166	7,443	6,916	5,885

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