Hiramatsu Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	9,812	10,662	13,859	12,376	9,221	6,266
Revenue Growth (YoY)	-15.70%	-23.07%	11.98%	34.22%	47.16%	-36.62%
Cost of Revenue	4,312	4,669	5,767	5,209	4,265	3,066
Gross Profit	5,500	5,993	8,092	7,167	4,956	3,200
Selling, General & Admin	5,141	5,744	7,110	7,045	6,272	5,075
Operating Expenses	5,141	5,744	7,825	7,784	7,065	5,659
Operating Income	359	249	267	-617	-2,109	-2,459
Interest Expense	-38	-49	-89	-91	-74	-77
Interest & Investment Income	11	3	-	-	-	-
Currency Exchange Gain (Loss)	-15	-	-10	-1	-	3
Other Non Operating Income (Expenses)	39	-30	7	96	609	93
EBT Excluding Unusual Items	356	173	175	-613	-1,574	-2,440
Gain (Loss) on Sale of Assets	-	1,808	-	7	-4	7
Asset Writedown	-431	-429	-312	-217	-410	-489
Other Unusual Items	-19	-31	11	-39	-443	-992
Pretax Income	-94	1,521	-126	-862	-2,431	-3,914
Income Tax Expense	-57	-9	27	42	38	197
Net Income	-37	1,530	-153	-904	-2,469	-4,111
Net Income to Common	-37	1,530	-153	-904	-2,469	-4,111
Shares Outstanding (Basic)	71	71	71	71	59	44
Shares Outstanding (Diluted)	71	72	71	71	59	44
Shares Change (YoY)	0.04%	2.46%	-0.10%	19.40%	35.66%	1.07%
EPS (Basic)	-0.52	21.67	-2.17	-12.79	-41.71	-94.21
EPS (Diluted)	-0.52	21.16	-2.17	-12.79	-41.71	-94.21
Free Cash Flow	-	-509	445	-302	-332	-5,672
Free Cash Flow Per Share	-	-7.04	6.30	-4.27	-5.61	-129.98
Gross Margin	56.05%	56.21%	58.39%	57.91%	53.75%	51.07%
Operating Margin	3.66%	2.33%	1.93%	-4.98%	-22.87%	-39.24%
Profit Margin	-0.38%	14.35%	-1.10%	-7.30%	-26.78%	-65.61%
Free Cash Flow Margin	-	-4.77%	3.21%	-2.44%	-3.60%	-90.52%
EBITDA	388.75	599	1,044	186	-1,225	-1,812
EBITDA Margin	3.96%	5.62%	7.53%	1.50%	-13.29%	-28.92%
D&A For EBITDA	29.75	350	777	803	884	647
EBIT	359	249	267	-617	-2,109	-2,459
EBIT Margin	3.66%	2.33%	1.93%	-4.98%	-22.87%	-39.24%
Advertising Expenses	-	405	-	-	-	-

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