The Kodensha 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	44,233	39,263	34,868	33,557	29,159
Other Revenue	1	1	-	-	-
Revenue	44,234	39,264	34,868	33,557	29,159
Revenue Growth (YoY)	12.66%	12.61%	3.91%	15.08%	-10.07%
Cost of Revenue	34,748	31,097	28,752	28,183	24,359
Gross Profit	9,486	8,167	6,116	5,374	4,800
Selling, General & Admin	5,592	5,085	4,959	4,692	4,382
Operating Expenses	5,592	5,085	4,959	4,692	4,382
Operating Income	3,894	3,082	1,157	682	418
Interest Expense	-22	-10	-7	-7	-7
Interest & Investment Income	92	83	57	59	56
Currency Exchange Gain (Loss)	-3	-	2	24	-
Other Non Operating Income (Expenses)	55	13	82	97	66
EBT Excluding Unusual Items	4,016	3,168	1,291	855	533
Gain (Loss) on Sale of Investments	33	376	25	-	-
Gain (Loss) on Sale of Assets	-	234	-	-	-
Pretax Income	4,049	3,778	1,316	855	533
Income Tax Expense	1,154	1,037	412	286	218
Earnings From Continuing Operations	2,895	2,741	904	569	315
Minority Interest in Earnings	-63	-4	-5	-13	-5
Net Income	2,832	2,737	899	556	310
Net Income to Common	2,832	2,737	899	556	310
Net Income Growth	3.47%	204.45%	61.69%	79.36%	-64.97%
Shares Outstanding (Basic)	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9
Shares Change (YoY)	-1.21%	-0.18%	-0.03%	-	-0.06%
EPS (Basic)	324.27	309.58	101.50	62.75	34.99
EPS (Diluted)	324.27	309.58	101.50	62.75	34.99
EPS Growth	4.74%	205.00%	61.75%	79.36%	-64.95%
Free Cash Flow	3,239	1,007	184	116	-618
Free Cash Flow Per Share	370.87	113.90	20.77	13.09	-69.75
Dividend Per Share	-	84.000	54.000	44.000	44.000
Dividend Growth	-	55.56%	22.73%	-	-
Gross Margin	21.45%	20.80%	17.54%	16.01%	16.46%
Operating Margin	8.80%	7.85%	3.32%	2.03%	1.43%
Profit Margin	6.40%	6.97%	2.58%	1.66%	1.06%
Free Cash Flow Margin	7.32%	2.56%	0.53%	0.35%	-2.12%
EBITDA	4,102	3,287	1,367	872	527
EBITDA Margin	9.27%	8.37%	3.92%	2.60%	1.81%
D&A For EBITDA	208	205	210	190	109
EBIT	3,894	3,082	1,157	682	418
EBIT Margin	8.80%	7.85%	3.32%	2.03%	1.43%
Effective Tax Rate	28.50%	27.45%	31.31%	33.45%	40.90%

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