CDS Co.,Ltd. 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	8,827	10,492	9,722	9,658	8,371
Revenue Growth (YoY)	-15.87%	7.92%	0.66%	15.38%	5.96%
Cost of Revenue	6,318	7,170	6,522	6,459	5,740
Gross Profit	2,509	3,322	3,200	3,199	2,631
Selling, General & Admin	1,823	1,799	1,718	1,620	1,556
Amortization of Goodwill & Intangibles	-	16	16	29	29
Operating Expenses	1,824	1,816	1,735	1,650	1,587
Operating Income	685	1,506	1,465	1,549	1,044
Interest Expense	-4	-3	-2	-2	-2
Interest & Investment Income	12	5	3	3	1
Currency Exchange Gain (Loss)	-2	-2	-	1	-
Other Non Operating Income (Expenses)	5	-2	-	17	221
EBT Excluding Unusual Items	696	1,504	1,466	1,568	1,264
Gain (Loss) on Sale of Assets	-	-	-	1	7
Asset Writedown	-2	-10	-	-44	-3
Other Unusual Items	-	-4	-	-1	-
Pretax Income	694	1,490	1,466	1,524	1,268
Income Tax Expense	238	436	468	518	440
Net Income	456	1,054	998	1,006	828
Net Income to Common	456	1,054	998	1,006	828
Net Income Growth	-56.74%	5.61%	-0.80%	21.50%	19.48%
Shares Outstanding (Basic)	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7
Shares Change (YoY)	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%
EPS (Basic)	66.87	154.55	146.33	147.50	121.40
EPS (Diluted)	66.87	154.55	146.33	147.50	121.40
EPS Growth	-56.74%	5.62%	-0.79%	21.50%	19.48%
Free Cash Flow	1,391	962	681	1,583	543
Free Cash Flow Per Share	203.97	141.06	99.85	232.11	79.62
Dividend Per Share	-	68.000	66.000	60.000	56.000
Dividend Growth	-	3.03%	10.00%	7.14%	12.00%
Gross Margin	28.42%	31.66%	32.91%	33.12%	31.43%
Operating Margin	7.76%	14.35%	15.07%	16.04%	12.47%
Profit Margin	5.17%	10.05%	10.27%	10.42%	9.89%
Free Cash Flow Margin	15.76%	9.17%	7.00%	16.39%	6.49%
EBITDA	846	1,666	1,632	1,729	1,235
EBITDA Margin	9.58%	15.88%	16.79%	17.90%	14.75%
D&A For EBITDA	161	160	167	180	191
EBIT	685	1,506	1,465	1,549	1,044
EBIT Margin	7.76%	14.35%	15.07%	16.04%	12.47%
Effective Tax Rate	34.29%	29.26%	31.92%	33.99%	34.70%
Advertising Expenses	-	371	347	317	330

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