TYO:1850 Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	45,796	52,944	43,625	42,400	37,189
Other Revenue	1	1	1	1	-
Revenue	45,797	52,945	43,626	42,401	37,189
Revenue Growth (YoY)	-13.50%	21.36%	2.89%	14.02%	-17.02%
Cost of Revenue	40,601	48,122	39,841	38,377	33,195
Gross Profit	5,196	4,823	3,785	4,024	3,994
Selling, General & Admin	2,353	2,388	2,120	2,166	2,072
Operating Expenses	2,353	2,441	2,098	2,178	2,063
Operating Income	2,843	2,382	1,687	1,846	1,931
Interest Expense	-21	-19	-11	-20	-21
Interest & Investment Income	37	22	7	7	10
Other Non Operating Income (Expenses)	-3	3	-62	-9	-51
EBT Excluding Unusual Items	2,856	2,388	1,621	1,824	1,869
Gain (Loss) on Sale of Investments	-	-	4	-	-
Gain (Loss) on Sale of Assets	-	-	-	313	-
Legal Settlements	-	-	-	-	-610
Pretax Income	2,856	2,388	1,625	2,137	1,259
Income Tax Expense	763	674	525	241	-51
Net Income	2,093	1,714	1,100	1,896	1,310
Net Income to Common	2,093	1,714	1,100	1,896	1,310
Net Income Growth	22.11%	55.82%	-41.98%	44.73%	89.03%
Shares Outstanding (Basic)	29	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29
Shares Change (YoY)	-	-	-	-0.00%	-0.00%
EPS (Basic)	72.60	59.46	38.16	65.77	45.44
EPS (Diluted)	72.60	59.46	38.16	65.77	45.44
EPS Growth	22.11%	55.82%	-41.98%	44.73%	89.03%
Free Cash Flow	8,434	-6,285	1,506	1,803	1,566
Free Cash Flow Per Share	292.57	-218.02	52.24	62.54	54.32
Dividend Per Share	-	5.000	4.000	3.000	3.000
Dividend Growth	-	25.00%	33.33%	-	-
Gross Margin	11.35%	9.11%	8.68%	9.49%	10.74%
Operating Margin	6.21%	4.50%	3.87%	4.35%	5.19%
Profit Margin	4.57%	3.24%	2.52%	4.47%	3.52%
Free Cash Flow Margin	18.42%	-11.87%	3.45%	4.25%	4.21%
EBITDA	2,961	2,490	1,776	1,966	2,065
EBITDA Margin	6.46%	4.70%	4.07%	4.64%	5.55%
D&A For EBITDA	118	108	89	120	134
EBIT	2,843	2,382	1,687	1,846	1,931
EBIT Margin	6.21%	4.50%	3.87%	4.35%	5.19%
Effective Tax Rate	26.72%	28.22%	32.31%	11.28%	-

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