Kotobuki Spirits 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	78,781	72,349	64,035	50,155	32,191
Revenue Growth (YoY)	8.89%	12.98%	27.67%	55.80%	38.73%
Cost of Revenue	30,393	27,544	24,232	20,049	14,569
Gross Profit	48,388	44,805	39,803	30,106	17,622
Selling, General & Admin	29,789	27,193	24,019	20,154	16,219
Operating Expenses	29,792	27,195	24,024	20,156	16,222
Operating Income	18,596	17,610	15,779	9,950	1,400
Interest Expense	-	-	-	-	-1
Interest & Investment Income	34	10	7	6	4
Other Non Operating Income (Expenses)	103	66	81	339	1,517
EBT Excluding Unusual Items	18,733	17,686	15,867	10,295	2,920
Gain (Loss) on Sale of Investments	-	-	-	2	-
Gain (Loss) on Sale of Assets	119	-	-	-	-2
Asset Writedown	-106	-46	-205	-19	-40
Other Unusual Items	-1	-	-	-1	-1
Pretax Income	18,745	17,640	15,662	10,277	2,877
Income Tax Expense	6,188	5,518	4,831	3,259	962
Net Income	12,557	12,122	10,831	7,018	1,915
Net Income to Common	12,557	12,122	10,831	7,018	1,915
Net Income Growth	3.59%	11.92%	54.33%	266.48%	-
Shares Outstanding (Basic)	154	155	156	156	156
Shares Outstanding (Diluted)	154	155	156	156	156
Shares Change (YoY)	-0.66%	-0.11%	-	-	-0.00%
EPS (Basic)	81.32	77.99	69.61	45.10	12.31
EPS (Diluted)	81.32	77.99	69.61	45.10	12.31
EPS Growth	4.27%	12.04%	54.33%	266.48%	-
Free Cash Flow	11,430	10,080	8,973	8,526	3,861
Free Cash Flow Per Share	74.02	64.85	57.67	54.80	24.81
Dividend Per Share	-	32.000	28.000	14.000	6.000
Dividend Growth	-	14.29%	100.00%	133.33%	-
Gross Margin	61.42%	61.93%	62.16%	60.03%	54.74%
Operating Margin	23.61%	24.34%	24.64%	19.84%	4.35%
Profit Margin	15.94%	16.75%	16.91%	13.99%	5.95%
Free Cash Flow Margin	14.51%	13.93%	14.01%	17.00%	11.99%
EBITDA	20,287	19,072	16,943	11,087	2,620
EBITDA Margin	25.75%	26.36%	26.46%	22.11%	8.14%
D&A For EBITDA	1,691	1,462	1,164	1,137	1,220
EBIT	18,596	17,610	15,779	9,950	1,400
EBIT Margin	23.61%	24.34%	24.64%	19.84%	4.35%
Effective Tax Rate	33.01%	31.28%	30.84%	31.71%	33.44%
Advertising Expenses	-	4,251	3,797	3,012	2,292

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