Brass Income Statement

Financials in millions JPY. Fiscal year is August - July.

Millions JPY. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jan '26 Jan 31, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023
Revenue	14,012	13,562	12,726	13,260
Revenue Growth (YoY)	8.36%	6.57%	-4.03%	-
Cost of Revenue	4,658	4,397	4,206	4,333
Gross Profit	9,354	9,165	8,520	8,927
Selling, General & Admin	8,686	8,410	8,066	7,754
Operating Expenses	8,689	8,413	8,066	7,754
Operating Income	665	752	454	1,173
Interest Expense	-40	-32	-18	-21
Interest & Investment Income	3	1	-	-
Other Non Operating Income (Expenses)	16	42	51	49
EBT Excluding Unusual Items	644	763	487	1,201
Gain (Loss) on Sale of Investments	-	-	-	1
Asset Writedown	-228	-220	-9	-413
Other Unusual Items	-	-	-	-1
Pretax Income	416	543	478	788
Income Tax Expense	111	131	203	66
Net Income	305	412	275	722
Net Income to Common	305	412	275	722
Net Income Growth	10.51%	49.82%	-61.91%	-
Shares Outstanding (Basic)	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5
Shares Change (YoY)	-0.25%	-1.24%	-0.91%	-
EPS (Basic)	57.35	77.46	51.07	132.85
EPS (Diluted)	57.35	77.46	51.07	132.85
EPS Growth	10.79%	51.69%	-61.56%	-
Free Cash Flow	-427	1,241	-625	981
Free Cash Flow Per Share	-80.28	233.33	-116.06	180.51
Dividend Per Share	8.000	8.000	8.000	6.000
Dividend Growth	-	-	33.33%	-
Gross Margin	66.76%	67.58%	66.95%	67.32%
Operating Margin	4.75%	5.54%	3.57%	8.85%
Profit Margin	2.18%	3.04%	2.16%	5.45%
Free Cash Flow Margin	-3.05%	9.15%	-4.91%	7.40%
EBITDA	1,433	1,539	1,194	1,932
EBITDA Margin	10.23%	11.35%	9.38%	14.57%
D&A For EBITDA	768	787	740	759
EBIT	665	752	454	1,173
EBIT Margin	4.75%	5.54%	3.57%	8.85%
Effective Tax Rate	26.68%	24.13%	42.47%	8.38%
Advertising Expenses	-	1,093	1,048	968

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