Cube System 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	18,498	18,351	18,021	16,325	16,099
Revenue Growth (YoY)	0.80%	1.83%	10.39%	1.40%	8.87%
Cost of Revenue	14,201	14,403	14,099	12,756	12,649
Gross Profit	4,297	3,948	3,922	3,569	3,450
Selling, General & Admin	2,738	2,566	2,386	2,117	2,032
Operating Expenses	2,738	2,566	2,386	2,117	2,032
Operating Income	1,559	1,382	1,536	1,452	1,418
Interest Expense	-2	-1	-1	-1	-1
Interest & Investment Income	30	22	26	19	17
Currency Exchange Gain (Loss)	-9	-5	-11	-7	-7
Other Non Operating Income (Expenses)	3	-6	2	-1	4
EBT Excluding Unusual Items	1,581	1,392	1,552	1,462	1,431
Gain (Loss) on Sale of Investments	462	52	38	17	-
Asset Writedown	-5	-	-	-	-
Other Unusual Items	1	326	-	-	-
Pretax Income	2,039	1,770	1,590	1,479	1,431
Income Tax Expense	475	509	523	490	482
Earnings From Continuing Operations	1,564	1,261	1,067	989	949
Minority Interest in Earnings	-	-	-	-	-5
Net Income	1,564	1,261	1,067	989	944
Net Income to Common	1,564	1,261	1,067	989	944
Net Income Growth	24.03%	18.18%	7.89%	4.77%	11.85%
Shares Outstanding (Basic)	15	15	15	14	14
Shares Outstanding (Diluted)	15	15	15	14	14
Shares Change (YoY)	0.56%	-0.74%	7.78%	3.98%	-0.44%
EPS (Basic)	103.35	83.79	70.38	70.31	69.78
EPS (Diluted)	103.35	83.79	70.38	70.31	69.78
EPS Growth	23.34%	19.06%	0.10%	0.76%	12.34%
Free Cash Flow	469	216	975	879	972
Free Cash Flow Per Share	30.99	14.35	64.31	62.49	71.85
Dividend Per Share	-	40.000	35.000	26.000	23.000
Dividend Growth	-	14.29%	34.62%	13.04%	15.00%
Gross Margin	23.23%	21.51%	21.76%	21.86%	21.43%
Operating Margin	8.43%	7.53%	8.52%	8.89%	8.81%
Profit Margin	8.46%	6.87%	5.92%	6.06%	5.86%
Free Cash Flow Margin	2.54%	1.18%	5.41%	5.38%	6.04%
EBITDA	1,710	1,439	1,579	1,503	1,478
EBITDA Margin	9.24%	7.84%	8.76%	9.21%	9.18%
D&A For EBITDA	151	57	43	51	60
EBIT	1,559	1,382	1,536	1,452	1,418
EBIT Margin	8.43%	7.53%	8.52%	8.89%	8.81%
Effective Tax Rate	23.30%	28.76%	32.89%	33.13%	33.68%

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