Hikari Food Service Income Statement

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Operating Revenue	2,787	2,567	2,225	1,684	868.43
Other Revenue	0	0	-	-	-
Revenue	2,787	2,567	2,225	1,684	868.43
Revenue Growth (YoY)	25.26%	15.36%	32.11%	93.94%	-
Cost of Revenue	743.88	682.33	616.29	468.94	260.26
Gross Profit	2,043	1,885	1,609	1,215	608.17
Selling, General & Admin	1,827	1,667	1,346	1,166	911.11
Operating Expenses	1,827	1,667	1,346	1,166	911.11
Operating Income	215.91	217.08	262.42	49.4	-302.94
Interest Expense	-8.75	-8.3	-10.86	-11.56	-11.51
Interest & Investment Income	1.64	0.12	0.01	0.01	0.01
Other Non Operating Income (Expenses)	-1.91	-17.65	3.5	155.34	424.3
EBT Excluding Unusual Items	206.9	191.25	255.06	193.19	109.86
Merger & Restructuring Charges	-1.51	-	-1.08	-3.75	-
Gain (Loss) on Sale of Assets	-0.7	-	-	1.38	-0.89
Asset Writedown	-12.55	-26.12	-12.67	-99.31	-49.68
Pretax Income	193.1	165.13	241.31	91.51	59.29
Income Tax Expense	64.69	64.8	40.27	28.64	18.71
Net Income	128.41	100.33	201.04	62.88	40.58
Net Income to Common	128.41	100.33	201.04	62.88	40.58
Net Income Growth	-36.13%	-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)	47.60%	36.17%	-	-	-
EPS (Basic)	129.46	109.64	299.17	93.57	60.38
EPS (Diluted)	129.46	109.64	299.17	93.57	60.38
EPS Growth	-56.73%	-63.35%	219.74%	54.96%	-
Free Cash Flow	-	-27.39	303.18	198.28	-147.07
Free Cash Flow Per Share	-	-29.93	451.15	295.06	-218.85
Dividend Per Share	20.000	20.000	-	-	-
Gross Margin	73.31%	73.42%	72.30%	72.16%	70.03%
Operating Margin	7.75%	8.46%	11.79%	2.93%	-34.88%
Profit Margin	4.61%	3.91%	9.04%	3.73%	4.67%
Free Cash Flow Margin	-	-1.07%	13.63%	11.77%	-16.93%
EBITDA	337.62	319.43	352.49	135.19	-225.3
EBITDA Margin	12.11%	12.44%	15.84%	8.03%	-25.94%
D&A For EBITDA	121.71	102.35	90.07	85.79	77.64
EBIT	215.91	217.08	262.42	49.4	-302.94
EBIT Margin	7.75%	8.46%	11.79%	2.93%	-34.88%
Effective Tax Rate	33.50%	39.24%	16.69%	31.29%	31.56%
Revenue as Reported	2,567	2,567	2,225	1,684	868.43

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