Workman 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
Period Ending	Dec '25 Dec 31, 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
Operating Revenue	153,477	136,780	132,519	128,169	116,167	101,767
Other Revenue	154	153	132	120	97	4,048
Revenue	153,631	136,933	132,651	128,289	116,264	105,815
Revenue Growth (YoY)	14.57%	3.23%	3.40%	10.34%	9.88%	14.63%
Cost of Revenue	94,826	85,771	85,420	83,529	70,207	64,055
Gross Profit	58,805	51,162	47,231	44,760	46,057	41,760
Selling, General & Admin	26,049	22,952	20,635	17,656	16,508	15,572
Other Operating Expenses	808	808	720	691	733	580
Operating Expenses	29,865	26,768	24,087	20,652	19,254	17,804
Operating Income	28,940	24,394	23,144	24,108	26,803	23,956
Interest Expense	-33	-33	-35	-41	-48	-54
Interest & Investment Income	556	318	327	253	269	320
Other Non Operating Income (Expenses)	250	225	230	343	370	1,186
EBT Excluding Unusual Items	29,713	24,904	23,666	24,663	27,394	25,408
Gain (Loss) on Sale of Assets	1	2	1	4	2	4
Asset Writedown	-27	-16	-31	-13	-83	-56
Other Unusual Items	-	-	-	-	-	-1
Pretax Income	29,687	24,890	23,636	24,654	27,313	25,355
Income Tax Expense	9,776	7,998	7,650	7,998	9,010	8,316
Net Income	19,911	16,892	15,986	16,656	18,303	17,039
Net Income to Common	19,911	16,892	15,986	16,656	18,303	17,039
Net Income Growth	25.09%	5.67%	-4.02%	-9.00%	7.42%	27.45%
Shares Outstanding (Basic)	82	82	82	82	82	82
Shares Outstanding (Diluted)	82	82	82	82	82	82
Shares Change (YoY)	0.00%	-	-	-	-	-
EPS (Basic)	243.97	206.98	195.88	204.09	224.27	208.78
EPS (Diluted)	243.97	206.98	195.88	204.09	224.27	208.78
EPS Growth	25.08%	5.67%	-4.02%	-9.00%	7.42%	27.45%
Free Cash Flow	-	18,641	11,576	4,552	12,176	17,191
Free Cash Flow Per Share	-	228.41	141.84	55.78	149.20	210.65
Gross Margin	-	37.36%	35.60%	34.89%	39.61%	39.47%
Operating Margin	18.84%	17.82%	17.45%	18.79%	23.05%	22.64%
Profit Margin	12.96%	12.34%	12.05%	12.98%	15.74%	16.10%
Free Cash Flow Margin	-	13.61%	8.73%	3.55%	10.47%	16.25%
EBITDA	32,205	27,448	25,917	26,449	28,845	25,633
EBITDA Margin	-	20.04%	19.54%	20.62%	24.81%	24.22%
D&A For EBITDA	3,265	3,054	2,773	2,341	2,042	1,677
EBIT	28,940	24,394	23,144	24,108	26,803	23,956
EBIT Margin	-	17.82%	17.45%	18.79%	23.05%	22.64%
Effective Tax Rate	-	32.13%	32.37%	32.44%	32.99%	32.80%
Advertising Expenses	-	1,544	1,404	1,083	972	1,113

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