Halows Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Operating Revenue	224,059	209,128	194,032	172,738	162,811
Other Revenue	1,659	1,623	1,412	1,368	562
Revenue	225,718	210,751	195,444	174,106	163,373
Revenue Growth (YoY)	7.10%	7.83%	12.26%	6.57%	7.52%
Cost of Revenue	164,672	152,251	141,094	126,106	118,978
Gross Profit	61,046	58,500	54,350	48,000	44,395
Selling, General & Admin	41,990	40,491	38,045	34,101	31,133
Other Operating Expenses	1,483	1,268	1,175	1,154	1,044
Operating Expenses	48,565	46,230	43,479	38,948	35,706
Operating Income	12,481	12,270	10,871	9,052	8,689
Interest Expense	-96	-99	-128	-99	-103
Interest & Investment Income	28	24	22	23	22
Other Non Operating Income (Expenses)	112	106	131	163	104
EBT Excluding Unusual Items	12,525	12,301	10,896	9,139	8,712
Gain (Loss) on Sale of Assets	-	-	5	-5	-
Asset Writedown	-5	-72	-26	-6	-10
Other Unusual Items	8	-67	443	2	2
Pretax Income	12,569	12,162	11,318	9,130	8,704
Income Tax Expense	3,582	3,249	2,729	2,929	2,772
Net Income	8,987	8,913	8,589	6,201	5,932
Net Income to Common	8,987	8,913	8,589	6,201	5,932
Net Income Growth	0.83%	3.77%	38.51%	4.54%	7.89%
Shares Outstanding (Basic)	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21
Shares Change (YoY)	-0.10%	0.11%	0.14%	0.03%	7.50%
EPS (Basic)	420.86	416.93	402.11	290.24	277.74
EPS (Diluted)	419.01	415.14	400.49	289.55	277.08
EPS Growth	0.93%	3.66%	38.31%	4.50%	0.36%
Free Cash Flow	13,511	3,878	6,353	-176	-4,329
Free Cash Flow Per Share	629.94	180.63	296.23	-8.22	-202.21
Dividend Per Share	70.000	-	-	-	-
Gross Margin	27.05%	27.76%	27.81%	27.57%	27.17%
Operating Margin	5.53%	5.82%	5.56%	5.20%	5.32%
Profit Margin	3.98%	4.23%	4.40%	3.56%	3.63%
Free Cash Flow Margin	5.99%	1.84%	3.25%	-0.10%	-2.65%
EBITDA	17,574	16,741	15,130	12,745	12,218
EBITDA Margin	7.79%	7.94%	7.74%	7.32%	7.48%
D&A For EBITDA	5,093	4,471	4,259	3,693	3,529
EBIT	12,481	12,270	10,871	9,052	8,689
EBIT Margin	5.53%	5.82%	5.56%	5.20%	5.32%
Effective Tax Rate	28.50%	26.71%	24.11%	32.08%	31.85%
Advertising Expenses	1,512	1,401	1,378	1,304	958

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