Kirin Holdings Company 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
Operating Revenue	2,394,782	2,338,385	2,134,393	1,989,468	1,821,570	1,849,545
Revenue	2,394,782	2,338,385	2,134,393	1,989,468	1,821,570	1,849,545
Revenue Growth (YoY)	4.75%	9.56%	7.29%	9.22%	-1.51%	-4.73%
Cost of Revenue	1,275,595	1,272,430	1,170,927	1,083,755	998,728	1,045,662
Gross Profit	1,119,187	1,065,955	963,466	905,713	822,842	803,883
Selling, General & Admin	899,723	688,961	634,402	598,421	549,606	641,768
Research & Development	-	116,038	84,895	74,271	69,612	-
Other Operating Expenses	11,968	20,514	17,322	25,822	18,973	22,129
Operating Expenses	911,691	875,501	779,293	740,376	676,385	663,897
Operating Income	207,496	190,454	184,173	165,337	146,457	139,986
Interest Expense	-10,000	-6,916	-5,932	-4,894	-4,448	-4,890
Interest & Investment Income	7,900	13,219	4,728	4,497	2,718	2,752
Earnings From Equity Investments	36,091	37,035	32,773	22,780	34,490	24,752
Currency Exchange Gain (Loss)	-2,200	1,375	4,307	5,281	876	-1,199
Other Non Operating Income (Expenses)	-27,660	-895	-4,591	-385	-2,103	217
EBT Excluding Unusual Items	211,627	234,272	215,458	192,616	177,990	161,618
Merger & Restructuring Charges	-46,200	-37,399	-2,784	-742	-2,026	-7,177
Gain (Loss) on Sale of Investments	-	-30,148	10,934	48,088	23	-
Gain (Loss) on Sale of Assets	-3,669	-3,433	3,364	4,472	1,020	-271
Asset Writedown	-10,687	-23,571	-29,923	-53,048	-77,390	-29,619
Other Unusual Items	-35	-	-	-	-	-
Pretax Income	151,036	139,721	197,049	191,386	99,617	124,551
Income Tax Expense	51,940	53,910	46,611	47,615	31,193	24,709
Earnings From Continuing Operations	99,096	85,811	150,438	143,771	68,424	99,842
Net Income to Company	99,096	85,811	150,438	143,771	68,424	99,842
Minority Interest in Earnings	-17,317	-27,597	-37,741	-32,764	-8,634	-27,907
Net Income	81,779	58,214	112,697	111,007	59,790	71,935
Net Income to Common	81,779	58,214	112,697	111,007	59,790	71,935
Net Income Growth	-24.32%	-48.34%	1.52%	85.66%	-16.88%	20.61%
Shares Outstanding (Basic)	810	810	810	822	834	841
Shares Outstanding (Diluted)	810	810	810	822	834	841
Shares Change (YoY)	0.02%	0.01%	-1.45%	-1.42%	-0.84%	-4.15%
EPS (Basic)	100.96	71.87	139.16	135.09	71.73	85.57
EPS (Diluted)	100.94	71.86	139.15	135.07	71.70	85.54
EPS Growth	-24.33%	-48.36%	3.02%	88.37%	-16.18%	25.83%
Free Cash Flow	46,835	62,260	89,396	37,083	132,968	71,813
Free Cash Flow Per Share	57.82	76.87	110.39	45.13	159.51	85.42
Dividend Per Share	72.500	71.000	71.000	69.000	65.000	65.000
Dividend Growth	0.69%	-	2.90%	6.15%	-	1.56%
Gross Margin	46.73%	45.59%	45.14%	45.52%	45.17%	43.46%
Operating Margin	8.67%	8.14%	8.63%	8.31%	8.04%	7.57%
Profit Margin	3.42%	2.49%	5.28%	5.58%	3.28%	3.89%
Free Cash Flow Margin	1.96%	2.66%	4.19%	1.86%	7.30%	3.88%
EBITDA	309,224	286,156	271,400	251,274	227,587	198,448
EBITDA Margin	12.91%	12.24%	12.72%	12.63%	12.49%	10.73%
D&A For EBITDA	101,728	95,702	87,227	85,937	81,130	58,462
EBIT	207,496	190,454	184,173	165,337	146,457	139,986
EBIT Margin	8.67%	8.14%	8.63%	8.31%	8.04%	7.57%
Effective Tax Rate	34.39%	38.58%	23.65%	24.88%	31.31%	19.84%
Advertising Expenses	-	169,421	165,765	166,032	163,074	150,287

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