Nichiwa Sangyo 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
Revenue	45,579	48,577	52,887	54,659	44,906
Revenue Growth (YoY)	-6.17%	-8.15%	-3.24%	21.72%	12.55%
Cost of Revenue	41,448	45,019	49,743	52,258	42,434
Gross Profit	4,131	3,558	3,144	2,401	2,472
Selling, General & Admin	2,675	2,608	2,364	2,251	1,877
Operating Expenses	2,675	2,465	2,238	2,602	2,354
Operating Income	1,456	1,093	906	-201	118
Interest Expense	-71	-57	-55	-56	-56
Interest & Investment Income	52	39	37	44	41
Currency Exchange Gain (Loss)	38	23	15	28	89
Other Non Operating Income (Expenses)	1	45	12	84	24
EBT Excluding Unusual Items	1,476	1,143	915	-101	216
Gain (Loss) on Sale of Assets	-37	-	395	-	-
Asset Writedown	-633	-644	-256	-31	-
Other Unusual Items	-	-	-	331	-
Pretax Income	806	499	1,054	199	216
Income Tax Expense	428	189	513	42	100
Net Income	378	310	541	157	116
Net Income to Common	378	310	541	157	116
Net Income Growth	21.93%	-42.70%	244.59%	35.34%	-16.55%
Shares Outstanding (Basic)	18	18	18	18	19
Shares Outstanding (Diluted)	18	18	18	18	19
Shares Change (YoY)	-	-	-	-5.31%	-0.96%
EPS (Basic)	20.87	17.12	29.87	8.67	6.06
EPS (Diluted)	20.87	17.12	29.87	8.67	6.06
EPS Growth	21.94%	-42.70%	244.59%	42.93%	-15.74%
Free Cash Flow	777	2,008	1,394	-2,434	-1,834
Free Cash Flow Per Share	42.90	110.87	76.97	-134.39	-95.88
Dividend Per Share	6.000	6.000	6.000	6.000	6.000
Gross Margin	9.06%	7.32%	5.95%	4.39%	5.50%
Operating Margin	3.19%	2.25%	1.71%	-0.37%	0.26%
Profit Margin	0.83%	0.64%	1.02%	0.29%	0.26%
Free Cash Flow Margin	1.70%	4.13%	2.64%	-4.45%	-4.08%
EBITDA	1,967	1,681	1,474	417	721
EBITDA Margin	4.32%	3.46%	2.79%	0.76%	1.61%
D&A For EBITDA	511	588	568	618	603
EBIT	1,456	1,093	906	-201	118
EBIT Margin	3.19%	2.25%	1.71%	-0.37%	0.26%
Effective Tax Rate	53.10%	37.88%	48.67%	21.11%	46.30%