Hard Off Corporation Co.,Ltd. (TYO:2674)

Hard Off Corporation Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	34,623	33,531	30,105	27,040	24,507	21,270
Revenue Growth (YoY)	7.88%	11.38%	11.34%	10.34%	15.22%	9.92%
Cost of Revenue	10,910	10,534	9,447	8,449	7,664	6,700
Gross Profit	23,713	22,997	20,658	18,591	16,843	14,570
Selling, General & Admin	20,688	19,768	17,854	16,279	15,312	13,774
Amortization of Goodwill & Intangibles	10	10	-	-	-	-
Operating Expenses	20,698	19,778	17,854	16,279	15,312	13,774
Operating Income	3,015	3,219	2,804	2,312	1,531	796
Interest Expense	-26	-17	-9	-8	-11	-12
Interest & Investment Income	83	74	61	49	25	27
Earnings From Equity Investments	-	-	-	-	-	-17
Currency Exchange Gain (Loss)	11	11	13	43	16	-
Other Non Operating Income (Expenses)	88	86	89	84	81	69
EBT Excluding Unusual Items	3,171	3,373	2,958	2,480	1,642	863
Gain (Loss) on Sale of Investments	1	-4	-1	2	99	150
Gain (Loss) on Sale of Assets	24	29	31	29	25	24
Asset Writedown	-128	-164	-78	-95	-144	-369
Other Unusual Items	-1	-2	-2	9	-16	66
Pretax Income	3,067	3,232	2,908	2,425	1,606	734
Income Tax Expense	846	912	797	759	558	386
Earnings From Continuing Operations	2,221	2,320	2,111	1,666	1,048	348
Minority Interest in Earnings	-3	-6	-18	-13	-7	-
Net Income	2,218	2,314	2,093	1,653	1,041	348
Net Income to Common	2,218	2,314	2,093	1,653	1,041	348
Net Income Growth	-5.90%	10.56%	26.62%	58.79%	199.14%	-10.54%
Shares Outstanding (Basic)	14	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	14	14
Shares Change (YoY)	-0.00%	-0.01%	0.11%	0.01%	2.07%	0.84%
EPS (Basic)	159.61	166.52	150.61	119.08	75.00	25.59
EPS (Diluted)	159.61	166.52	150.61	119.08	75.00	25.59
EPS Growth	-5.89%	10.57%	26.48%	58.77%	193.06%	-11.29%
Free Cash Flow	706	926	985	1,131	1,177	929
Free Cash Flow Per Share	50.81	66.64	70.88	81.47	84.80	68.32
Dividend Per Share	78.000	78.000	76.000	60.000	35.000	35.000
Dividend Growth	2.63%	2.63%	26.67%	71.43%	-	-12.50%
Gross Margin	68.49%	68.58%	68.62%	68.75%	68.73%	68.50%
Operating Margin	8.71%	9.60%	9.31%	8.55%	6.25%	3.74%
Profit Margin	6.41%	6.90%	6.95%	6.11%	4.25%	1.64%
Free Cash Flow Margin	2.04%	2.76%	3.27%	4.18%	4.80%	4.37%
EBITDA	3,988	4,084	3,473	2,886	2,053	1,288
EBITDA Margin	11.52%	12.18%	11.54%	10.67%	8.38%	6.05%
D&A For EBITDA	973	865	669	574	522	492
EBIT	3,015	3,219	2,804	2,312	1,531	796
EBIT Margin	8.71%	9.60%	9.31%	8.55%	6.25%	3.74%
Effective Tax Rate	27.58%	28.22%	27.41%	31.30%	34.74%	52.59%

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