TYO:2573 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	59,086	56,860	56,371	51,605	51,998
Revenue Growth (YoY)	3.91%	0.87%	9.24%	-0.76%	1.08%
Cost of Revenue	40,309	38,741	39,205	36,356	34,211
Gross Profit	18,777	18,119	17,166	15,249	17,787
Selling, General & Admin	16,150	14,502	14,085	13,085	15,500
Operating Expenses	16,150	15,914	15,440	14,641	17,087
Operating Income	2,627	2,205	1,726	608	700
Interest Expense	-2	-2	-2	-1	-1
Interest & Investment Income	12	11	18	13	24
Other Non Operating Income (Expenses)	41	61	23	248	447
EBT Excluding Unusual Items	2,678	2,275	1,765	868	1,170
Gain (Loss) on Sale of Investments	-	18	285	-4	-61
Gain (Loss) on Sale of Assets	-114	11	-38	-27	-53
Asset Writedown	-	-6	-39	-8	-21
Other Unusual Items	-1	46	-1	16	-3
Pretax Income	2,563	2,344	1,972	845	1,032
Income Tax Expense	893	799	660	289	400
Net Income	1,670	1,545	1,312	556	632
Net Income to Common	1,670	1,545	1,312	556	632
Net Income Growth	8.09%	17.76%	135.97%	-12.03%	-24.67%
Shares Outstanding (Basic)	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	14
Shares Change (YoY)	-0.00%	-0.00%	-0.00%	-5.84%	-1.07%
EPS (Basic)	122.73	113.54	96.42	40.86	43.73
EPS (Diluted)	122.73	113.54	96.42	40.86	43.73
EPS Growth	8.09%	17.76%	135.98%	-6.57%	-23.86%
Free Cash Flow	245	1,426	1,194	193	1,511
Free Cash Flow Per Share	18.00	104.80	87.75	14.18	104.55
Dividend Per Share	-	30.000	30.000	30.000	30.000
Gross Margin	31.78%	31.87%	30.45%	29.55%	34.21%
Operating Margin	4.45%	3.88%	3.06%	1.18%	1.35%
Profit Margin	2.83%	2.72%	2.33%	1.08%	1.21%
Free Cash Flow Margin	0.41%	2.51%	2.12%	0.37%	2.91%
EBITDA	4,745	4,179	3,609	2,711	2,787
EBITDA Margin	8.03%	7.35%	6.40%	5.25%	5.36%
D&A For EBITDA	2,118	1,974	1,883	2,103	2,087
EBIT	2,627	2,205	1,726	608	700
EBIT Margin	4.45%	3.88%	3.06%	1.18%	1.35%
Effective Tax Rate	34.84%	34.09%	33.47%	34.20%	38.76%
Advertising Expenses	-	1,510	1,384	1,159	2,094

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