Honyaku Center Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	11,013	11,210	11,303	10,947	10,337	9,910
Revenue Growth (YoY)	-2.35%	-0.82%	3.25%	5.90%	4.31%	-14.20%
Cost of Revenue	5,759	5,895	5,991	5,860	5,429	5,537
Gross Profit	5,254	5,315	5,312	5,087	4,908	4,373
Selling, General & Admin	4,379	4,383	4,373	4,159	4,096	3,955
Amortization of Goodwill & Intangibles	16	16	12	-	-	-
Operating Expenses	4,420	4,424	4,410	4,159	4,096	3,955
Operating Income	834	891	902	928	812	418
Interest & Investment Income	2	2	-	-	-	-
Earnings From Equity Investments	27	19	37	45	37	1
Currency Exchange Gain (Loss)	-2	-8	-4	-17	-10	5
Other Non Operating Income (Expenses)	6	1	3	4	1	40
EBT Excluding Unusual Items	867	905	938	960	840	464
Gain (Loss) on Sale of Investments	-	37	69	-	-	-
Asset Writedown	-14	-14	-2	-	-2	-192
Other Unusual Items	158	158	-	-	-	-1
Pretax Income	1,011	1,086	1,005	960	838	271
Income Tax Expense	361	363	294	274	265	154
Net Income	650	723	711	686	573	117
Net Income to Common	650	723	711	686	573	117
Net Income Growth	-10.84%	1.69%	3.64%	19.72%	389.74%	-61.51%
Shares Outstanding (Basic)	3	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3	3
Shares Change (YoY)	0.20%	0.20%	0.19%	0.15%	0.12%	0.13%
EPS (Basic)	193.88	215.98	212.82	205.72	172.10	35.18
EPS (Diluted)	193.88	215.98	212.82	205.72	172.10	35.18
EPS Growth	-11.01%	1.48%	3.45%	19.54%	389.16%	-61.56%
Free Cash Flow	-	495	749	368	830	434
Free Cash Flow Per Share	-	147.87	224.19	110.36	249.28	130.50
Dividend Per Share	75.000	75.000	65.000	45.000	40.000	20.000
Dividend Growth	15.38%	15.38%	44.44%	12.50%	100.00%	-52.38%
Gross Margin	47.71%	47.41%	47.00%	46.47%	47.48%	44.13%
Operating Margin	7.57%	7.95%	7.98%	8.48%	7.85%	4.22%
Profit Margin	5.90%	6.45%	6.29%	6.27%	5.54%	1.18%
Free Cash Flow Margin	-	4.42%	6.63%	3.36%	8.03%	4.38%
EBITDA	876.25	931	939	961	850	481
EBITDA Margin	7.96%	8.30%	8.31%	8.78%	8.22%	4.85%
D&A For EBITDA	42.25	40	37	33	38	63
EBIT	834	891	902	928	812	418
EBIT Margin	7.57%	7.95%	7.98%	8.48%	7.85%	4.22%
Effective Tax Rate	35.71%	33.42%	29.25%	28.54%	31.62%	56.83%

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