TYO:1787 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	14,922	14,724	13,780	14,157	12,909	13,013
Other Revenue	-	1	-	1	-	-
Revenue	14,922	14,725	13,780	14,158	12,909	13,013
Revenue Growth (YoY)	3.58%	6.86%	-2.67%	9.68%	-0.80%	18.10%
Cost of Revenue	11,068	10,941	10,407	10,742	9,830	9,735
Gross Profit	3,854	3,784	3,373	3,416	3,079	3,278
Selling, General & Admin	2,466	2,198	2,075	2,015	1,917	1,909
Research & Development	4	4	1	1	1	1
Other Operating Expenses	71	71	65	67	62	70
Operating Expenses	2,595	2,327	2,196	2,169	2,016	2,003
Operating Income	1,259	1,457	1,177	1,247	1,063	1,275
Interest & Investment Income	47	30	17	15	20	22
Other Non Operating Income (Expenses)	8	8	4	7	8	10
EBT Excluding Unusual Items	1,314	1,495	1,198	1,269	1,091	1,307
Gain (Loss) on Sale of Investments	-4	-4	-	-	-	-
Gain (Loss) on Sale of Assets	6	6	5	2	3	1
Asset Writedown	-	-	-	-	-	-4
Other Unusual Items	-	-	-	12	-	-
Pretax Income	1,316	1,497	1,203	1,283	1,094	1,304
Income Tax Expense	399	450	369	384	331	403
Net Income	917	1,047	834	899	763	901
Net Income to Common	917	1,047	834	899	763	901
Net Income Growth	-2.24%	25.54%	-7.23%	17.82%	-15.32%	93.35%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	-0.07%	-0.08%	-0.04%	0.69%	-0.73%	-1.95%
EPS (Basic)	372.83	425.61	338.75	365.00	311.94	365.67
EPS (Diluted)	372.83	425.61	338.75	365.00	311.94	365.67
EPS Growth	-2.17%	25.64%	-7.19%	17.01%	-14.69%	97.19%
Free Cash Flow	-	571	1,157	641	1,229	-106
Free Cash Flow Per Share	-	232.11	469.94	260.25	502.45	-43.02
Gross Margin	25.83%	25.70%	24.48%	24.13%	23.85%	25.19%
Operating Margin	8.44%	9.89%	8.54%	8.81%	8.24%	9.80%
Profit Margin	6.14%	7.11%	6.05%	6.35%	5.91%	6.92%
Free Cash Flow Margin	-	3.88%	8.40%	4.53%	9.52%	-0.81%
EBITDA	1,391	1,581	1,291	1,394	1,161	1,357
EBITDA Margin	9.32%	10.74%	9.37%	9.85%	8.99%	10.43%
D&A For EBITDA	131.5	124	114	147	98	82
EBIT	1,259	1,457	1,177	1,247	1,063	1,275
EBIT Margin	8.44%	9.89%	8.54%	8.81%	8.24%	9.80%
Effective Tax Rate	30.32%	30.06%	30.67%	29.93%	30.26%	30.90%
Advertising Expenses	-	22	11	6	6	4

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