Yakult Honsha Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	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	490,302	486,425	499,683	503,079	483,071	415,116
Revenue Growth	-0.67%	-2.65%	-0.68%	4.14%	16.37%	7.63%
Cost of Revenue	201,041	200,189	204,163	203,166	194,593	166,699
Gross Profit	289,261	286,236	295,520	299,913	288,478	248,417
Selling, General & Admin	244,894	226,164	225,840	222,794	208,482	182,033
Research & Development	-	9,694	9,357	9,051	9,338	8,617
Operating Expenses	245,130	241,050	240,128	236,513	222,409	195,213
Operating Income	44,131	45,186	55,392	63,400	66,069	53,204
Interest Expense	-1,644	-1,301	-874	-660	-666	-680
Interest & Investment Income	10,764	11,373	15,284	13,693	8,006	5,224
Earnings From Equity Investments	4,044	4,057	-526	2,060	2,638	6,432
Currency Exchange Gain (Loss)	2,867	1,750	5,300	-586	427	2,417
Other Non Operating Income (Expenses)	407	19	1,284	1,393	1,496	1,951
EBT Excluding Unusual Items	60,569	61,084	75,860	79,300	77,970	68,548
Gain (Loss) on Sale of Investments	12,852	8,979	5,090	3,052	139	3,576
Gain (Loss) on Sale of Assets	680	285	1,210	218	575	-1,068
Asset Writedown	-1,283	-1,248	-671	-1,463	-2,538	-2,160
Other Unusual Items	-80	843	-1,147	-741	2,382	582
Pretax Income	72,738	69,943	80,342	80,366	78,528	69,478
Income Tax Expense	21,323	20,254	25,588	22,528	22,636	20,197
Earnings From Continuing Operations	51,415	49,689	54,754	57,838	55,892	49,281
Minority Interest in Earnings	-5,193	-5,461	-9,221	-6,832	-5,251	-4,364
Net Income	46,222	44,228	45,533	51,006	50,641	44,917
Net Income to Common	46,222	44,228	45,533	51,006	50,641	44,917
Net Income Growth	7.39%	-2.87%	-10.73%	0.72%	12.74%	14.39%
Shares Outstanding (Basic)	292	293	303	310	312	320
Shares Outstanding (Diluted)	292	293	303	310	312	320
Shares Change	-2.79%	-3.02%	-2.40%	-0.77%	-2.50%	-0.10%
EPS (Basic)	158.25	150.72	150.48	164.52	162.09	140.18
EPS (Diluted)	158.25	150.72	150.48	164.52	162.09	140.18
EPS Growth	10.47%	0.16%	-8.54%	1.50%	15.63%	14.50%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	-	-13,123	31,005	24,469	56,228	46,665
Free Cash Flow Per Share	-	-44.72	102.46	78.92	179.97	145.63
Dividend Per Share	66.000	66.000	64.000	55.500	45.000	36.000
Dividend Growth	3.13%	3.13%	15.32%	23.33%	25.00%	38.46%
Gross Margin	59.00%	58.85%	59.14%	59.61%	59.72%	59.84%
Operating Margin	9.00%	9.29%	11.09%	12.60%	13.68%	12.82%
Profit Margin	9.43%	9.09%	9.11%	10.14%	10.48%	10.82%
Free Cash Flow Margin	-	-2.70%	6.21%	4.86%	11.64%	11.24%
EBITDA	72,648	73,995	85,370	91,241	91,402	76,973
EBITDA Margin	14.82%	15.21%	17.09%	18.14%	18.92%	18.54%
D&A For EBITDA	28,517	28,809	29,978	27,841	25,333	23,769
EBIT	44,131	45,186	55,392	63,400	66,069	53,204
EBIT Margin	9.00%	9.29%	11.09%	12.60%	13.68%	12.82%
Effective Tax Rate	29.32%	28.96%	31.85%	28.03%	28.82%	29.07%
Advertising Expenses	-	29,485	30,206	29,188	26,159	24,544