Synclayer Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	10,488	11,711	10,443	9,965	13,061
Revenue Growth (YoY)	-10.44%	12.14%	4.80%	-23.70%	19.91%
Cost of Revenue	8,336	9,220	8,208	7,891	10,083
Gross Profit	2,152	2,491	2,235	2,074	2,978
Selling, General & Admin	1,800	1,593	1,462	1,458	1,547
Research & Development	-	135	160	127	175
Operating Expenses	1,800	1,838	1,688	1,659	1,769
Operating Income	352	653	547	415	1,209
Interest Expense	-17	-13	-7	-8	-11
Interest & Investment Income	11	10	13	16	16
Currency Exchange Gain (Loss)	20	-9	15	1	98
Other Non Operating Income (Expenses)	11	99	21	13	6
EBT Excluding Unusual Items	377	740	589	437	1,318
Gain (Loss) on Sale of Investments	-	-	8	-	2
Asset Writedown	-	-6	-7	-	-1
Other Unusual Items	-	-	60	-	-
Pretax Income	377	734	650	437	1,319
Income Tax Expense	135	187	217	143	448
Net Income	242	547	433	294	871
Net Income to Common	242	547	433	294	871
Net Income Growth	-55.76%	26.33%	47.28%	-66.25%	64.65%
Shares Outstanding (Basic)	5	5	5	5	4
Shares Outstanding (Diluted)	5	5	5	5	4
Shares Change (YoY)	0.13%	0.22%	0.26%	19.10%	5.89%
EPS (Basic)	51.99	117.66	93.34	63.54	224.83
EPS (Diluted)	51.99	117.66	93.34	63.54	224.36
EPS Growth	-55.82%	26.06%	46.90%	-71.68%	55.61%
Free Cash Flow	1,427	-1,870	1,852	-1,922	508
Free Cash Flow Per Share	306.55	-402.24	399.22	-415.39	130.76
Dividend Per Share	-	28.000	25.000	17.000	12.000
Dividend Growth	-	12.00%	47.06%	41.67%	20.00%
Gross Margin	20.52%	21.27%	21.40%	20.81%	22.80%
Operating Margin	3.36%	5.58%	5.24%	4.17%	9.26%
Profit Margin	2.31%	4.67%	4.15%	2.95%	6.67%
Free Cash Flow Margin	13.61%	-15.97%	17.73%	-19.29%	3.89%
EBITDA	568	857	719	604	1,393
EBITDA Margin	5.42%	7.32%	6.88%	6.06%	10.66%
D&A For EBITDA	216	204	172	189	184
EBIT	352	653	547	415	1,209
EBIT Margin	3.36%	5.58%	5.24%	4.17%	9.26%
Effective Tax Rate	35.81%	25.48%	33.38%	32.72%	33.97%

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