Meiho Facility Works 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	6,190	5,716	5,266	4,761	4,255	4,234
Other Revenue	-	-	-	-	5	6
Revenue	6,190	5,716	5,266	4,761	4,260	4,240
Revenue Growth (YoY)	11.31%	8.54%	10.61%	11.76%	0.47%	-2.60%
Cost of Revenue	2,834	2,605	2,495	2,229	1,978	1,941
Gross Profit	3,356	3,111	2,771	2,532	2,282	2,299
Selling, General & Admin	2,036	1,869	1,691	1,565	1,407	1,380
Operating Expenses	2,052	1,885	1,702	1,574	1,416	1,389
Operating Income	1,304	1,226	1,069	958	866	910
Interest & Investment Income	1	1	-	-	-	-
Other Non Operating Income (Expenses)	3	2	-	2	1	-1
EBT Excluding Unusual Items	1,308	1,229	1,069	960	867	909
Gain (Loss) on Sale of Assets	-	-	-	-	-2	-
Other Unusual Items	-	-	-	-	-	-14
Pretax Income	1,308	1,229	1,069	960	865	895
Income Tax Expense	327	319	279	309	259	275
Net Income	981	910	790	651	606	620
Net Income to Common	981	910	790	651	606	620
Net Income Growth	12.24%	15.19%	21.35%	7.43%	-2.26%	-2.97%
Shares Outstanding (Basic)	12	12	12	12	11	12
Shares Outstanding (Diluted)	12	12	12	12	12	12
Shares Change (YoY)	0.89%	0.66%	0.48%	0.29%	-4.25%	-1.82%
EPS (Basic)	83.78	78.12	68.23	56.52	52.97	52.26
EPS (Diluted)	83.17	77.64	67.85	56.18	52.45	51.38
EPS Growth	11.26%	14.43%	20.77%	7.11%	2.08%	-1.17%
Free Cash Flow	-	-258	723	191	962	513
Free Cash Flow Per Share	-	-22.01	62.10	16.48	83.26	42.51
Gross Margin	54.22%	54.43%	52.62%	53.18%	53.57%	54.22%
Operating Margin	21.07%	21.45%	20.30%	20.12%	20.33%	21.46%
Profit Margin	15.85%	15.92%	15.00%	13.67%	14.22%	14.62%
Free Cash Flow Margin	-	-4.51%	13.73%	4.01%	22.58%	12.10%
EBITDA	1,369	1,279	1,106	988	897	940
EBITDA Margin	22.12%	22.38%	21.00%	20.75%	21.06%	22.17%
D&A For EBITDA	65	53	37	30	31	30
EBIT	1,304	1,226	1,069	958	866	910
EBIT Margin	21.07%	21.45%	20.30%	20.12%	20.33%	21.46%
Effective Tax Rate	25.00%	25.96%	26.10%	32.19%	29.94%	30.73%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.