World Holdings 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	271,293	242,226	213,742	183,640	154,704	143,571
Revenue Growth (YoY)	15.79%	13.33%	16.39%	18.70%	7.75%	5.32%
Cost of Revenue	226,487	203,438	176,122	151,953	128,073	118,553
Gross Profit	44,806	38,788	37,620	31,687	26,631	25,018
Selling, General & Admin	31,358	28,518	25,952	21,805	18,632	18,162
Amortization of Goodwill & Intangibles	1,082	1,082	829	495	112	144
Operating Expenses	33,034	30,194	27,254	22,758	19,149	18,766
Operating Income	11,772	8,594	10,366	8,929	7,482	6,252
Interest Expense	-698	-486	-307	-225	-177	-162
Interest & Investment Income	118	21	56	15	14	16
Other Non Operating Income (Expenses)	618	420	160	265	441	698
EBT Excluding Unusual Items	11,801	8,549	10,275	8,984	7,760	6,804
Gain (Loss) on Sale of Investments	-112	-181	-13	-322	-211	175
Gain (Loss) on Sale of Assets	-	-	-25	-53	-23	-19
Asset Writedown	-32	-32	-35	-28	-15	-197
Other Unusual Items	637	619	-83	-127	-	4
Pretax Income	12,289	8,955	10,119	8,454	7,511	6,767
Income Tax Expense	4,344	3,710	3,770	2,951	2,732	746
Earnings From Continuing Operations	7,945	5,245	6,349	5,503	4,779	6,021
Minority Interest in Earnings	-500	-264	-145	-162	-153	-108
Net Income	7,445	4,981	6,204	5,341	4,626	5,913
Net Income to Common	7,445	4,981	6,204	5,341	4,626	5,913
Net Income Growth	115.48%	-19.71%	16.16%	15.46%	-21.77%	100.03%
Shares Outstanding (Basic)	18	18	18	17	17	17
Shares Outstanding (Diluted)	18	18	18	18	18	17
Shares Change (YoY)	0.21%	1.04%	0.22%	0.02%	1.03%	2.55%
EPS (Basic)	416.07	280.38	353.56	305.48	265.00	341.35
EPS (Diluted)	415.23	279.79	352.15	303.82	263.19	339.86
EPS Growth	112.98%	-20.55%	15.91%	15.44%	-22.56%	95.04%
Free Cash Flow	-	-3,493	-7,693	-6,435	491	12,606
Free Cash Flow Per Share	-	-196.19	-436.60	-366.02	27.93	724.53
Dividend Per Share	84.200	84.200	106.000	91.500	79.500	101.700
Dividend Growth	-20.57%	-20.57%	15.85%	15.09%	-21.83%	92.98%
Gross Margin	16.52%	16.01%	17.60%	17.26%	17.21%	17.43%
Operating Margin	4.34%	3.55%	4.85%	4.86%	4.84%	4.35%
Profit Margin	2.74%	2.06%	2.90%	2.91%	2.99%	4.12%
Free Cash Flow Margin	-	-1.44%	-3.60%	-3.50%	0.32%	8.78%
EBITDA	14,126	10,702	12,146	10,333	8,403	7,219
EBITDA Margin	5.21%	4.42%	5.68%	5.63%	5.43%	5.03%
D&A For EBITDA	2,354	2,108	1,780	1,404	921	967
EBIT	11,772	8,594	10,366	8,929	7,482	6,252
EBIT Margin	4.34%	3.55%	4.85%	4.86%	4.84%	4.35%
Effective Tax Rate	35.35%	41.43%	37.26%	34.91%	36.37%	11.02%

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