Forside Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	8,523	5,340	4,817	4,988	4,894	4,033
Revenue Growth (YoY)	73.73%	10.86%	-3.43%	1.92%	21.35%	-0.17%
Cost of Revenue	6,725	3,522	2,884	3,166	2,935	2,355
Gross Profit	1,798	1,818	1,933	1,822	1,959	1,678
Selling, General & Admin	1,110	1,519	1,570	1,673	1,573	1,502
Other Operating Expenses	3	3	3	-10	-9	-11
Operating Expenses	1,358	1,767	1,880	1,897	1,778	1,788
Operating Income	440	51	53	-75	181	-110
Interest Expense	-13	-8	-13	-15	-10	-3
Interest & Investment Income	18	7	7	7	8	8
Currency Exchange Gain (Loss)	-	-	1	2	2	-1
Other Non Operating Income (Expenses)	1	-3	-4	7	-	56
EBT Excluding Unusual Items	446	47	44	-74	181	-50
Gain (Loss) on Sale of Investments	67	69	25	7	-5	-45
Gain (Loss) on Sale of Assets	11	-	-	-8	-	-3
Asset Writedown	-	-2	-	-25	-	-209
Other Unusual Items	-	-	86	-	-76	-34
Pretax Income	524	114	155	-100	100	-341
Income Tax Expense	56	50	42	10	16	7
Earnings From Continuing Operations	468	64	113	-110	84	-348
Minority Interest in Earnings	-	-	-	3	1	-
Net Income	468	64	113	-107	85	-348
Net Income to Common	468	64	113	-107	85	-348
Net Income Growth	1070.00%	-43.36%	-	-	-	-
Shares Outstanding (Basic)	43	39	34	33	33	33
Shares Outstanding (Diluted)	43	39	34	33	33	33
Shares Change (YoY)	13.74%	14.82%	5.57%	-0.00%	-0.01%	3.17%
EPS (Basic)	10.82	1.62	3.29	-3.29	2.61	-10.69
EPS (Diluted)	10.82	1.62	3.29	-3.29	2.61	-10.69
EPS Growth	928.62%	-50.67%	-	-	-	-
Free Cash Flow	-	137	63	-331	172	103
Free Cash Flow Per Share	-	3.47	1.83	-10.17	5.29	3.17
Gross Margin	21.10%	34.04%	40.13%	36.53%	40.03%	41.61%
Operating Margin	5.16%	0.95%	1.10%	-1.50%	3.70%	-2.73%
Profit Margin	5.49%	1.20%	2.35%	-2.15%	1.74%	-8.63%
Free Cash Flow Margin	-	2.57%	1.31%	-6.64%	3.52%	2.55%
EBITDA	486	85	71	-46	219	-48
EBITDA Margin	5.70%	1.59%	1.47%	-0.92%	4.47%	-1.19%
D&A For EBITDA	46	34	18	29	38	62
EBIT	440	51	53	-75	181	-110
EBIT Margin	5.16%	0.95%	1.10%	-1.50%	3.70%	-2.73%
Effective Tax Rate	10.69%	43.86%	27.10%	-	16.00%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.