EPCO Co.,Ltd. Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	6,367	6,252	5,607	5,059	4,818	4,696
Revenue Growth (YoY)	10.81%	11.50%	10.83%	5.00%	2.60%	7.22%
Cost of Revenue	4,455	4,409	3,863	3,738	3,608	3,234
Gross Profit	1,912	1,843	1,744	1,321	1,210	1,462
Selling, General & Admin	1,435	1,403	1,356	1,119	1,092	963
Operating Expenses	1,498	1,466	1,409	1,159	1,144	1,024
Operating Income	414	377	335	162	66	438
Interest Expense	-4	-4	-2	-1	-	-
Interest & Investment Income	21	20	13	11	5	-
Earnings From Equity Investments	135	62	87	257	97	-72
Currency Exchange Gain (Loss)	-2	-2	-5	-12	38	3
Other Non Operating Income (Expenses)	21	27	12	8	11	1
EBT Excluding Unusual Items	585	480	440	425	217	370
Gain (Loss) on Sale of Investments	12	74	-	350	254	622
Gain (Loss) on Sale of Assets	-	2	-	-	-	-
Asset Writedown	-	-	-1	-	-	-2
Other Unusual Items	-	1	-	1	-	-
Pretax Income	597	557	439	776	471	990
Income Tax Expense	125	133	112	150	112	332
Net Income	472	424	327	626	359	658
Net Income to Common	472	424	327	626	359	658
Net Income Growth	30.75%	29.66%	-47.76%	74.37%	-45.44%	50.23%
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9	9
Shares Change (YoY)	0.07%	0.08%	0.13%	0.14%	0.09%	-
EPS (Basic)	52.72	47.37	36.56	70.09	40.25	73.83
EPS (Diluted)	52.72	47.37	36.56	70.09	40.25	73.83
EPS Growth	30.66%	29.55%	-47.83%	74.14%	-45.49%	50.23%
Free Cash Flow	-	299	256	437	-385	205
Free Cash Flow Per Share	-	33.41	28.63	48.92	-43.16	23.00
Dividend Per Share	32.000	32.000	32.000	32.000	32.000	32.000
Dividend Growth	-	-	-	-	-	6.67%
Gross Margin	30.03%	29.48%	31.10%	26.11%	25.11%	31.13%
Operating Margin	6.50%	6.03%	5.97%	3.20%	1.37%	9.33%
Profit Margin	7.41%	6.78%	5.83%	12.37%	7.45%	14.01%
Free Cash Flow Margin	-	4.78%	4.57%	8.64%	-7.99%	4.37%
EBITDA	526.75	492	459	304	210	589
EBITDA Margin	8.27%	7.87%	8.19%	6.01%	4.36%	12.54%
D&A For EBITDA	112.75	115	124	142	144	151
EBIT	414	377	335	162	66	438
EBIT Margin	6.50%	6.03%	5.97%	3.20%	1.37%	9.33%
Effective Tax Rate	20.94%	23.88%	25.51%	19.33%	23.78%	33.53%

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