Hikari Food Service Income Statement

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Operating Revenue	2,862	2,567	2,225	1,684	868.43
Other Revenue	-	0	-	-	-
Revenue	2,862	2,567	2,225	1,684	868.43
Revenue Growth (YoY)	11.49%	15.36%	32.11%	93.94%	-
Cost of Revenue	764.93	682.33	616.29	468.94	260.26
Gross Profit	2,097	1,885	1,609	1,215	608.17
Selling, General & Admin	1,871	1,667	1,346	1,166	911.11
Operating Expenses	1,871	1,667	1,346	1,166	911.11
Operating Income	225.86	217.08	262.42	49.4	-302.94
Interest Expense	-9.46	-8.3	-10.86	-11.56	-11.51
Interest & Investment Income	3.53	0.12	0.01	0.01	0.01
Other Non Operating Income (Expenses)	0.78	-17.65	3.5	155.34	424.3
EBT Excluding Unusual Items	220.72	191.25	255.06	193.19	109.86
Merger & Restructuring Charges	-7.19	-	-1.08	-3.75	-
Gain (Loss) on Sale of Investments	0.95	-	-	-	-
Gain (Loss) on Sale of Assets	-0.7	-	-	1.38	-0.89
Asset Writedown	-21.5	-26.12	-12.67	-99.31	-49.68
Other Unusual Items	-37.83	-	-	-	-
Pretax Income	154.44	165.13	241.31	91.51	59.29
Income Tax Expense	51.98	64.8	40.27	28.64	18.71
Net Income	102.46	100.33	201.04	62.88	40.58
Net Income to Common	102.46	100.33	201.04	62.88	40.58
Net Income Growth	2.13%	-50.10%	219.74%	54.96%	-
Shares Outstanding (Basic)	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1
Shares Change (YoY)	8.41%	36.17%	-	-	-
EPS (Basic)	103.29	109.64	299.17	93.57	60.38
EPS (Diluted)	103.29	109.64	299.17	93.57	60.38
EPS Growth	-5.79%	-63.35%	219.74%	54.96%	-
Free Cash Flow	45.5	-27.39	303.18	198.28	-147.07
Free Cash Flow Per Share	45.87	-29.93	451.15	295.06	-218.85
Dividend Per Share	40.000	20.000	-	-	-
Dividend Growth	100.00%	-	-	-	-
Gross Margin	73.27%	73.42%	72.30%	72.16%	70.03%
Operating Margin	7.89%	8.46%	11.79%	2.93%	-34.88%
Profit Margin	3.58%	3.91%	9.04%	3.73%	4.67%
Free Cash Flow Margin	1.59%	-1.07%	13.63%	11.77%	-16.93%
EBITDA	348.79	319.43	352.49	135.19	-225.3
EBITDA Margin	12.19%	12.44%	15.84%	8.03%	-25.94%
D&A For EBITDA	122.93	102.35	90.07	85.79	77.64
EBIT	225.86	217.08	262.42	49.4	-302.94
EBIT Margin	7.89%	8.46%	11.79%	2.93%	-34.88%
Effective Tax Rate	33.66%	39.24%	16.69%	31.29%	31.56%
Revenue as Reported	2,862	2,567	2,225	1,684	868.43

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