Youji Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012	2011 - 2007
Period Ending	Mar '16 Mar 31, 2016	Mar '16 Mar 31, 2016	Mar '15 Mar 31, 2015	Mar '14 Mar 31, 2014	Mar '13 Mar 31, 2013	Mar '12 Mar 31, 2012	2011 - 2007
Revenue	6,305	6,305	5,991	5,632	5,446	5,018	Upgrade
Revenue Growth (YoY)	5.24%	5.24%	6.37%	3.42%	8.53%	5.86%	Upgrade
Cost of Revenue	4,419	4,419	4,200	3,941	3,758	3,478	Upgrade
Gross Profit	1,886	1,886	1,791	1,691	1,688	1,540	Upgrade
Selling, General & Admin	1,043	1,043	994	955	940	1,027	Upgrade
Operating Expenses	1,043	1,043	994	955	940	1,027	Upgrade
Operating Income	843	843	797	736	748	513	Upgrade
Interest Expense	-4	-4	-10	-3	-4	-7	Upgrade
Interest & Investment Income	18	18	11	12	2	2	Upgrade
Other Non Operating Income (Expenses)	5	5	5	12	3	6	Upgrade
EBT Excluding Unusual Items	862	862	803	757	749	514	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-3	-18	Upgrade
Gain (Loss) on Sale of Assets	-	-	1	-	-	-	Upgrade
Asset Writedown	-	-	-3	-8	-	-68	Upgrade
Other Unusual Items	-2	-2	-	-	-	-1	Upgrade
Pretax Income	860	860	801	749	746	427	Upgrade
Income Tax Expense	374	374	346	340	340	299	Upgrade
Net Income	486	486	455	409	406	128	Upgrade
Net Income to Common	486	486	455	409	406	128	Upgrade
Net Income Growth	6.81%	6.81%	11.25%	0.74%	217.19%	-66.05%	Upgrade
Shares Outstanding (Basic)	11	11	11	11	11	11	Upgrade
Shares Outstanding (Diluted)	12	12	12	12	11	11	Upgrade
Shares Change (YoY)	0.43%	0.43%	0.61%	2.46%	2.55%	1.40%	Upgrade
EPS (Basic)	42.45	42.45	40.33	37.26	37.59	11.89	Upgrade
EPS (Diluted)	41.67	41.67	39.20	35.40	36.01	11.64	Upgrade
EPS Growth	6.31%	6.31%	10.74%	-1.70%	209.35%	-66.49%	Upgrade
Free Cash Flow	542	542	748	694	678	18	Upgrade
Free Cash Flow Per Share	46.41	46.41	64.33	60.04	60.11	1.64	Upgrade
Dividend Per Share	5.000	5.000	3.500	3.500	3.250	3.250	Upgrade
Dividend Growth	42.86%	42.86%	0%	7.69%	0%	0%	Upgrade
Gross Margin	29.91%	29.91%	29.89%	30.02%	31.00%	30.69%	Upgrade
Operating Margin	13.37%	13.37%	13.30%	13.07%	13.73%	10.22%	Upgrade
Profit Margin	7.71%	7.71%	7.59%	7.26%	7.46%	2.55%	Upgrade
Free Cash Flow Margin	8.60%	8.60%	12.49%	12.32%	12.45%	0.36%	Upgrade
EBITDA	910	910	863	797	801	560	Upgrade
EBITDA Margin	14.43%	14.43%	14.40%	14.15%	14.71%	11.16%	Upgrade
D&A For EBITDA	67	67	66	61	53	47	Upgrade
EBIT	843	843	797	736	748	513	Upgrade
EBIT Margin	13.37%	13.37%	13.30%	13.07%	13.73%	10.22%	Upgrade
Effective Tax Rate	43.49%	43.49%	43.20%	45.39%	45.58%	70.02%	Upgrade
Advertising Expenses	97	97	90	85	101	100	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.