Shinnihon 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	138,427	131,661	133,517	113,725	107,091
Other Revenue	1	1	-	-	1
Revenue	138,428	131,662	133,517	113,725	107,092
Revenue Growth (YoY)	5.14%	-1.39%	17.40%	6.19%	5.21%
Cost of Revenue	112,812	108,112	110,634	91,288	87,260
Gross Profit	25,616	23,550	22,883	22,437	19,832
Selling, General & Admin	5,210	4,547	4,629	4,528	3,806
Research & Development	-	6	1	2	4
Other Operating Expenses	-	682	645	720	474
Operating Expenses	5,210	5,239	5,305	5,250	4,282
Operating Income	20,406	18,311	17,578	17,187	15,550
Interest & Investment Income	349	56	25	22	18
Other Non Operating Income (Expenses)	16	1	8	16	14
EBT Excluding Unusual Items	20,771	18,368	17,611	17,225	15,582
Gain (Loss) on Sale of Investments	-	-	60	-	-
Pretax Income	20,771	18,368	17,671	17,225	15,582
Income Tax Expense	5,547	5,552	5,385	5,212	4,786
Earnings From Continuing Operations	15,224	12,816	12,286	12,013	10,796
Net Income	15,224	12,816	12,286	12,013	10,796
Net Income to Common	15,224	12,816	12,286	12,013	10,796
Net Income Growth	18.79%	4.31%	2.27%	11.27%	12.11%
Shares Outstanding (Basic)	58	58	58	58	58
Shares Outstanding (Diluted)	58	58	58	58	58
Shares Change (YoY)	-	-	0.05%	0.00%	-0.00%
EPS (Basic)	260.29	219.12	210.05	205.49	184.67
EPS (Diluted)	260.29	219.12	210.05	205.49	184.67
EPS Growth	18.79%	4.31%	2.22%	11.27%	12.11%
Free Cash Flow	16,718	2,288	11,497	10,456	3,695
Free Cash Flow Per Share	285.83	39.12	196.56	178.85	63.21
Dividend Per Share	-	53.000	53.000	27.000	21.000
Dividend Growth	-	-	96.30%	28.57%	10.53%
Gross Margin	18.50%	17.89%	17.14%	19.73%	18.52%
Operating Margin	14.74%	13.91%	13.16%	15.11%	14.52%
Profit Margin	11.00%	9.73%	9.20%	10.56%	10.08%
Free Cash Flow Margin	12.08%	1.74%	8.61%	9.19%	3.45%
EBITDA	20,889	18,696	17,896	17,561	15,864
EBITDA Margin	15.09%	14.20%	13.40%	15.44%	14.81%
D&A For EBITDA	483	385	318	374	314
EBIT	20,406	18,311	17,578	17,187	15,550
EBIT Margin	14.74%	13.91%	13.16%	15.11%	14.52%
Effective Tax Rate	26.71%	30.23%	30.47%	30.26%	30.71%
Advertising Expenses	-	946	1,256	1,230	659

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