JAC Recruitment Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	46,089	39,156	34,475	30,435	24,852
Revenue Growth (YoY)	17.71%	13.58%	13.27%	22.46%	14.98%
Cost of Revenue	3,369	2,907	2,654	2,391	1,848
Gross Profit	42,720	36,249	31,821	28,044	23,004
Selling, General & Admin	30,564	26,505	22,930	20,436	16,663
Amortization of Goodwill & Intangibles	16	123	119	115	111
Operating Expenses	31,031	27,142	23,606	20,992	17,182
Operating Income	11,689	9,107	8,215	7,052	5,822
Interest Expense	-17	-20	-22	-22	-16
Interest & Investment Income	25	10	9	4	4
Currency Exchange Gain (Loss)	-94	-	-9	-8	-5
Other Non Operating Income (Expenses)	12	24	15	25	7
EBT Excluding Unusual Items	11,615	9,121	8,208	7,051	5,812
Asset Writedown	-113	-773	-1	-41	-35
Other Unusual Items	-	-	-	-	-1
Pretax Income	11,502	8,348	8,207	7,010	5,776
Income Tax Expense	3,102	2,737	2,229	1,981	1,894
Net Income	8,400	5,611	5,978	5,029	3,882
Net Income to Common	8,400	5,611	5,978	5,029	3,882
Net Income Growth	49.71%	-6.14%	18.87%	29.55%	111.67%
Shares Outstanding (Basic)	159	159	160	162	162
Shares Outstanding (Diluted)	159	159	160	162	162
Shares Change (YoY)	-0.48%	-0.29%	-1.07%	-0.15%	-1.47%
EPS (Basic)	52.98	35.22	37.41	31.14	24.00
EPS (Diluted)	52.98	35.22	37.41	31.14	24.00
EPS Growth	50.42%	-5.87%	20.15%	29.73%	114.74%
Free Cash Flow	9,388	7,932	6,935	5,601	5,059
Free Cash Flow Per Share	59.21	49.79	43.41	34.68	31.28
Dividend Per Share	36.000	26.000	22.500	20.000	18.250
Dividend Growth	38.46%	15.56%	12.50%	9.59%	-8.75%
Gross Margin	92.69%	92.58%	92.30%	92.14%	92.56%
Operating Margin	25.36%	23.26%	23.83%	23.17%	23.43%
Profit Margin	18.23%	14.33%	17.34%	16.52%	15.62%
Free Cash Flow Margin	20.37%	20.26%	20.12%	18.40%	20.36%
EBITDA	12,156	9,753	8,875	7,615	6,335
EBITDA Margin	26.38%	24.91%	25.74%	25.02%	25.49%
D&A For EBITDA	467	646	660	563	513
EBIT	11,689	9,107	8,215	7,052	5,822
EBIT Margin	25.36%	23.26%	23.83%	23.17%	23.43%
Effective Tax Rate	26.97%	32.79%	27.16%	28.26%	32.79%
Advertising Expenses	2,463	1,922	1,565	1,597	1,054

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