Shimizu 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	2016 - 2020
Period Ending	Sep '25 Sep 30, 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	2016 - 2020
Operating Revenue	2,003,981	1,944,360	2,005,518	1,933,814	1,482,961	1,456,472	Upgrade
Other Revenue	-	-	-	-	-	1	Upgrade
Revenue	2,003,981	1,944,360	2,005,518	1,933,814	1,482,961	1,456,473	Upgrade
Revenue Growth (YoY)	5.14%	-3.05%	3.71%	30.40%	1.82%	-14.24%	Upgrade
Cost of Revenue	1,782,368	1,748,906	1,916,006	1,772,812	1,343,286	1,266,055	Upgrade
Gross Profit	221,613	195,454	89,512	161,002	139,675	190,418	Upgrade
Selling, General & Admin	113,190	108,250	99,675	93,599	83,457	79,600	Upgrade
Research & Development	16,173	16,173	14,523	12,755	11,072	10,665	Upgrade
Operating Expenses	129,363	124,423	114,198	106,354	94,529	90,265	Upgrade
Operating Income	92,250	71,031	-24,686	54,648	45,146	100,153	Upgrade
Interest Expense	-6,576	-6,016	-5,673	-3,997	-2,656	-3,033	Upgrade
Interest & Investment Income	9,174	9,564	7,484	5,945	5,935	5,696	Upgrade
Currency Exchange Gain (Loss)	-503	-2,664	4,175	-	2,088	2,633	Upgrade
Other Non Operating Income (Expenses)	-1,254	-251	-1,137	-52	-93	15	Upgrade
EBT Excluding Unusual Items	93,091	71,664	-19,837	56,544	50,420	105,464	Upgrade
Gain (Loss) on Sale of Investments	-320	-327	-815	-433	4,294	-3,333	Upgrade
Gain (Loss) on Sale of Assets	70,166	40,228	56,046	19,231	9,992	15,328	Upgrade
Asset Writedown	-3,208	-3,208	-1,699	-	-	-	Upgrade
Other Unusual Items	-1	-1	-174	-	-	-6,617	Upgrade
Pretax Income	159,728	108,356	33,521	75,342	64,706	110,842	Upgrade
Income Tax Expense	54,013	37,971	12,742	23,854	17,128	33,515	Upgrade
Earnings From Continuing Operations	105,715	70,385	20,779	51,488	47,578	77,327	Upgrade
Minority Interest in Earnings	-4,221	-4,370	-3,616	-2,431	183	-151	Upgrade
Net Income	101,494	66,015	17,163	49,057	47,761	77,176	Upgrade
Net Income to Common	101,494	66,015	17,163	49,057	47,761	77,176	Upgrade
Net Income Growth	775.70%	284.64%	-65.01%	2.71%	-38.11%	-22.03%	Upgrade
Shares Outstanding (Basic)	685	696	728	740	745	763	Upgrade
Shares Outstanding (Diluted)	685	696	728	740	745	763	Upgrade
Shares Change (YoY)	-3.77%	-4.36%	-1.61%	-0.69%	-2.32%	-1.11%	Upgrade
EPS (Basic)	148.21	94.80	23.57	66.29	64.09	101.17	Upgrade
EPS (Diluted)	148.21	94.80	23.57	66.29	64.09	101.17	Upgrade
EPS Growth	810.01%	302.17%	-64.44%	3.43%	-36.65%	-21.15%	Upgrade
Free Cash Flow	87,070	125,018	-78,950	15,267	-31,994	-42,218	Upgrade
Free Cash Flow Per Share	127.14	179.53	-108.44	20.63	-42.94	-55.34	Upgrade
Dividend Per Share	42.500	38.000	20.000	21.000	20.000	20.000	Upgrade
Dividend Growth	77.08%	90.00%	-4.76%	5.00%	-	-	Upgrade
Gross Margin	11.06%	10.05%	4.46%	8.33%	9.42%	13.07%	Upgrade
Operating Margin	4.60%	3.65%	-1.23%	2.83%	3.04%	6.88%	Upgrade
Profit Margin	5.07%	3.40%	0.86%	2.54%	3.22%	5.30%	Upgrade
Free Cash Flow Margin	4.35%	6.43%	-3.94%	0.79%	-2.16%	-2.90%	Upgrade
EBITDA	125,187	104,509	5,570	80,446	65,359	116,863	Upgrade
EBITDA Margin	6.25%	5.38%	0.28%	4.16%	4.41%	8.02%	Upgrade
D&A For EBITDA	32,937	33,478	30,256	25,798	20,213	16,710	Upgrade
EBIT	92,250	71,031	-24,686	54,648	45,146	100,153	Upgrade
EBIT Margin	4.60%	3.65%	-1.23%	2.83%	3.04%	6.88%	Upgrade
Effective Tax Rate	33.82%	35.04%	38.01%	31.66%	26.47%	30.24%	Upgrade

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