Obayashi Corporation (TYO:1802)

Obayashi Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	2,540,792	2,620,101	2,325,162	1,983,888	1,922,884	1,766,892
Other Revenue	-	-	-	-	-	1
Revenue	2,540,792	2,620,101	2,325,162	1,983,888	1,922,884	1,766,893
Revenue Growth (YoY)	2.27%	12.68%	17.20%	3.17%	8.83%	-14.77%
Cost of Revenue	2,202,934	2,322,267	2,105,560	1,767,318	1,768,544	1,541,108
Gross Profit	337,858	297,834	219,602	216,570	154,340	225,785
Selling, General & Admin	143,607	138,163	116,560	107,439	97,447	88,961
Research & Development	16,393	16,393	16,538	15,330	15,841	13,661
Operating Expenses	159,835	154,391	140,220	122,769	113,288	102,622
Operating Income	178,023	143,443	79,382	93,801	41,052	123,163
Interest Expense	-4,836	-4,725	-3,530	-2,485	-2,019	-1,866
Interest & Investment Income	13,294	13,794	11,105	8,502	7,708	6,988
Currency Exchange Gain (Loss)	-	-	3,439	1,849	2,678	-
Other Non Operating Income (Expenses)	1,728	871	1,117	-865	424	498
EBT Excluding Unusual Items	188,209	153,383	91,513	100,802	49,843	128,783
Gain (Loss) on Sale of Investments	65,054	66,606	22,832	13,401	8,751	5,362
Gain (Loss) on Sale of Assets	-	-	-	-193	-	1,125
Asset Writedown	-4,450	-4,450	-7,109	-516	-	-1,795
Other Unusual Items	-4,470	-4,499	-132	212	-2,314	1,096
Pretax Income	244,343	211,040	107,104	113,706	56,280	134,571
Income Tax Expense	71,223	60,506	29,926	33,848	14,827	33,728
Earnings From Continuing Operations	173,120	150,534	77,178	79,858	41,453	100,843
Minority Interest in Earnings	-4,201	-4,482	-2,119	-2,187	-2,326	-2,063
Net Income	168,919	146,052	75,059	77,671	39,127	98,780
Net Income to Common	168,919	146,052	75,059	77,671	39,127	98,780
Net Income Growth	68.22%	94.58%	-3.36%	98.51%	-60.39%	-12.66%
Shares Outstanding (Basic)	710	716	717	717	717	718
Shares Outstanding (Diluted)	710	716	717	717	717	718
Shares Change (YoY)	-1.03%	-0.08%	0.01%	-0.04%	-0.06%	0.00%
EPS (Basic)	238.05	203.88	104.69	108.34	54.55	137.64
EPS (Diluted)	238.05	203.88	104.69	108.34	54.55	137.64
EPS Growth	69.97%	94.75%	-3.37%	98.60%	-60.37%	-12.66%
Free Cash Flow	109,339	35,447	-27,992	131,867	11,667	-32,628
Free Cash Flow Per Share	154.09	49.48	-39.04	183.93	16.27	-45.46
Dividend Per Share	82.000	81.000	75.000	42.000	32.000	32.000
Dividend Growth	-12.77%	8.00%	78.57%	31.25%	-	-
Gross Margin	13.30%	11.37%	9.45%	10.92%	8.03%	12.78%
Operating Margin	7.01%	5.47%	3.41%	4.73%	2.14%	6.97%
Profit Margin	6.65%	5.57%	3.23%	3.91%	2.04%	5.59%
Free Cash Flow Margin	4.30%	1.35%	-1.20%	6.65%	0.61%	-1.85%
EBITDA	211,986	175,900	106,499	117,742	61,743	143,201
EBITDA Margin	8.34%	6.71%	4.58%	5.93%	3.21%	8.11%
D&A For EBITDA	33,963	32,457	27,117	23,941	20,691	20,038
EBIT	178,023	143,443	79,382	93,801	41,052	123,163
EBIT Margin	7.01%	5.47%	3.41%	4.73%	2.14%	6.97%
Effective Tax Rate	29.15%	28.67%	27.94%	29.77%	26.35%	25.06%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.