World Holdings Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	284,350	242,226	213,742	183,640	154,704
Revenue Growth (YoY)	17.39%	13.33%	16.39%	18.70%	7.75%
Cost of Revenue	238,963	203,438	176,122	151,953	128,073
Gross Profit	45,387	38,788	37,620	31,687	26,631
Selling, General & Admin	32,693	28,518	25,952	21,805	18,632
Amortization of Goodwill & Intangibles	1,113	1,082	829	495	112
Operating Expenses	34,566	30,194	27,254	22,758	19,149
Operating Income	10,821	8,594	10,366	8,929	7,482
Interest Expense	-775	-486	-307	-225	-177
Interest & Investment Income	188	21	56	15	14
Earnings From Equity Investments	-8	-	-	-	-
Other Non Operating Income (Expenses)	640	420	160	265	441
EBT Excluding Unusual Items	10,866	8,549	10,275	8,984	7,760
Gain (Loss) on Sale of Investments	3	-181	-13	-322	-211
Gain (Loss) on Sale of Assets	-	-	-25	-53	-23
Asset Writedown	-6	-32	-35	-28	-15
Other Unusual Items	65	619	-83	-127	-
Pretax Income	10,928	8,955	10,119	8,454	7,511
Income Tax Expense	3,750	3,710	3,770	2,951	2,732
Earnings From Continuing Operations	7,178	5,245	6,349	5,503	4,779
Minority Interest in Earnings	-558	-264	-145	-162	-153
Net Income	6,620	4,981	6,204	5,341	4,626
Net Income to Common	6,620	4,981	6,204	5,341	4,626
Net Income Growth	32.91%	-19.71%	16.16%	15.46%	-21.77%
Shares Outstanding (Basic)	18	18	18	17	17
Shares Outstanding (Diluted)	18	18	18	18	18
Shares Change (YoY)	0.71%	1.04%	0.22%	0.02%	1.03%
EPS (Basic)	369.94	280.38	353.56	305.48	265.00
EPS (Diluted)	369.21	279.79	352.15	303.82	263.19
EPS Growth	31.96%	-20.55%	15.91%	15.44%	-22.56%
Free Cash Flow	3,398	-3,493	-7,693	-6,435	491
Free Cash Flow Per Share	189.51	-196.19	-436.60	-366.02	27.93
Dividend Per Share	-	84.200	106.000	91.500	79.500
Dividend Growth	-	-20.57%	15.85%	15.09%	-21.83%
Gross Margin	15.96%	16.01%	17.60%	17.26%	17.21%
Operating Margin	3.81%	3.55%	4.85%	4.86%	4.84%
Profit Margin	2.33%	2.06%	2.90%	2.91%	2.99%
Free Cash Flow Margin	1.20%	-1.44%	-3.60%	-3.50%	0.32%
EBITDA	13,099	10,702	12,146	10,333	8,403
EBITDA Margin	4.61%	4.42%	5.68%	5.63%	5.43%
D&A For EBITDA	2,278	2,108	1,780	1,404	921
EBIT	10,821	8,594	10,366	8,929	7,482
EBIT Margin	3.81%	3.55%	4.85%	4.86%	4.84%
Effective Tax Rate	34.32%	41.43%	37.26%	34.91%	36.37%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.