J-Holdings 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	189	179	175	111	116
Revenue Growth (YoY)	5.59%	2.29%	57.66%	-4.31%	-90.51%
Cost of Revenue	77	78	74	70	69
Gross Profit	112	101	101	41	47
Selling, General & Admin	422	315	270	216	176
Amortization of Goodwill & Intangibles	-	53	106	26	-
Other Operating Expenses	-	-	5	-	-
Operating Expenses	422	368	381	242	176
Operating Income	-310	-267	-280	-201	-129
Other Non Operating Income (Expenses)	58	-5	2	-5	1
EBT Excluding Unusual Items	-252	-272	-278	-206	-128
Gain (Loss) on Sale of Investments	-	-	4	-	-
Asset Writedown	-	-135	-	-1	-8
Legal Settlements	-	-2	-	-	-
Other Unusual Items	-	25	-20	-60	-13
Pretax Income	-252	-384	-294	-267	-149
Income Tax Expense	4	3	2	3	1
Net Income	-256	-387	-296	-270	-150
Net Income to Common	-256	-387	-296	-270	-150
Shares Outstanding (Basic)	9	7	7	5	4
Shares Outstanding (Diluted)	9	7	7	5	4
Shares Change (YoY)	23.41%	5.71%	32.70%	15.17%	40.36%
EPS (Basic)	-29.63	-55.28	-44.69	-54.10	-34.61
EPS (Diluted)	-29.63	-55.28	-44.69	-54.10	-34.61
Free Cash Flow	-	-219	-204	-163	-90
Free Cash Flow Per Share	-	-31.28	-30.80	-32.66	-20.77
Gross Margin	59.26%	56.43%	57.71%	36.94%	40.52%
Operating Margin	-164.02%	-149.16%	-160.00%	-181.08%	-111.21%
Profit Margin	-135.45%	-216.20%	-169.14%	-243.24%	-129.31%
Free Cash Flow Margin	-	-122.35%	-116.57%	-146.85%	-77.59%
EBITDA	-249	-206	-166	-170	-124
EBITDA Margin	-131.75%	-115.08%	-94.86%	-153.15%	-106.90%
D&A For EBITDA	61	61	114	31	5
EBIT	-310	-267	-280	-201	-129
EBIT Margin	-164.02%	-149.16%	-160.00%	-181.08%	-111.21%

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