Nihonwasou 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	4,551	4,704	4,504	4,770	5,058	4,550
Revenue Growth (YoY)	-1.19%	4.44%	-5.58%	-5.69%	11.16%	-17.42%
Cost of Revenue	400	408	405	395	516	602
Gross Profit	4,151	4,296	4,099	4,375	4,542	3,948
Selling, General & Admin	3,772	3,816	3,705	3,955	4,097	3,788
Operating Expenses	3,772	3,816	3,705	3,955	4,097	3,788
Operating Income	379	480	394	420	445	160
Interest Expense	-41	-35	-27	-25	-27	-23
Interest & Investment Income	6	2	1	1	-	-
Currency Exchange Gain (Loss)	-	-	-	-	5	-
Other Non Operating Income (Expenses)	-19	-18	-19	-5	23	18
EBT Excluding Unusual Items	325	429	349	391	446	155
Gain (Loss) on Sale of Investments	-	2	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	1	-	-	-
Asset Writedown	-6	-6	-	-	-26	-26
Other Unusual Items	22	-	-53	-3	-	-
Pretax Income	341	425	297	388	420	129
Income Tax Expense	104	129	125	152	150	35
Earnings From Continuing Operations	237	296	172	236	270	94
Net Income	237	296	172	236	270	94
Net Income to Common	237	296	172	236	270	94
Net Income Growth	2.60%	72.09%	-27.12%	-12.59%	187.23%	-73.82%
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9	9
Shares Change (YoY)	-	-	-	-	-	0.46%
EPS (Basic)	26.14	32.65	18.97	26.03	29.78	10.37
EPS (Diluted)	26.14	32.65	18.97	26.03	29.78	10.37
EPS Growth	2.60%	72.09%	-27.12%	-12.59%	187.23%	-73.94%
Free Cash Flow	-	331	-185	22	729	417
Free Cash Flow Per Share	-	36.51	-20.41	2.43	80.41	46.00
Dividend Per Share	14.000	14.000	13.000	13.000	-	6.000
Dividend Growth	7.69%	7.69%	-	-	-	-53.85%
Gross Margin	91.21%	91.33%	91.01%	91.72%	89.80%	86.77%
Operating Margin	8.33%	10.20%	8.75%	8.80%	8.80%	3.52%
Profit Margin	5.21%	6.29%	3.82%	4.95%	5.34%	2.07%
Free Cash Flow Margin	-	7.04%	-4.11%	0.46%	14.41%	9.16%
EBITDA	397.25	502	421	451	481	212
EBITDA Margin	8.73%	10.67%	9.35%	9.46%	9.51%	4.66%
D&A For EBITDA	18.25	22	27	31	36	52
EBIT	379	480	394	420	445	160
EBIT Margin	8.33%	10.20%	8.75%	8.80%	8.80%	3.52%
Effective Tax Rate	30.50%	30.35%	42.09%	39.17%	35.71%	27.13%
Advertising Expenses	-	566	574	777	847	643

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