TYO:2884 Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Revenue	57,677	58,110	49,781	34,937	29,283	29,289
Revenue Growth (YoY)	-1.39%	16.73%	42.49%	19.31%	-0.02%	-1.96%
Cost of Revenue	45,121	44,810	39,493	27,974	22,941	23,080
Gross Profit	12,556	13,300	10,288	6,963	6,342	6,209
Selling, General & Admin	9,461	9,124	7,773	6,288	5,674	5,640
Operating Expenses	9,422	9,138	7,858	6,285	5,687	5,685
Operating Income	3,134	4,162	2,430	678	655	524
Interest Expense	-405.61	-295	-213	-118	-37	-51
Interest & Investment Income	36.22	36	25	25	11	12
Earnings From Equity Investments	8.18	8	-	4	-	-3
Currency Exchange Gain (Loss)	275.36	-33	379	517	216	32
Other Non Operating Income (Expenses)	1,507	363	317	216	149	274
EBT Excluding Unusual Items	4,555	4,241	2,938	1,322	994	788
Gain (Loss) on Sale of Investments	8.09	8	113	-7	15	-
Gain (Loss) on Sale of Assets	336.54	-	3	-4	7	2
Asset Writedown	-778.57	-769	-1,097	-36	-1	-3
Other Unusual Items	-	1,269	211	10	-84	-
Pretax Income	4,157	4,749	2,168	1,285	931	787
Income Tax Expense	1,780	2,119	1,011	641	469	382
Earnings From Continuing Operations	2,377	2,630	1,157	644	462	405
Minority Interest in Earnings	-743.41	-769	-129	-31	38	12
Net Income	1,633	1,861	1,028	613	500	417
Net Income to Common	1,633	1,861	1,028	613	500	417
Net Income Growth	-3.05%	81.03%	67.70%	22.60%	19.90%	135.59%
Shares Outstanding (Basic)	24	24	24	24	24	22
Shares Outstanding (Diluted)	24	24	24	24	24	23
Shares Change (YoY)	0.19%	-0.00%	-0.47%	-0.01%	5.54%	0.68%
EPS (Basic)	68.47	78.12	43.40	25.76	21.02	18.55
EPS (Diluted)	68.47	78.10	43.16	25.62	20.88	14.26
EPS Growth	-3.23%	80.95%	68.46%	22.70%	46.42%	81.42%
Free Cash Flow	-	5,638	5,061	-411	814	1,910
Free Cash Flow Per Share	-	236.56	212.34	-17.16	33.99	84.17
Gross Margin	21.77%	22.89%	20.67%	19.93%	21.66%	21.20%
Operating Margin	5.43%	7.16%	4.88%	1.94%	2.24%	1.79%
Profit Margin	2.83%	3.20%	2.07%	1.75%	1.71%	1.42%
Free Cash Flow Margin	-	9.70%	10.17%	-1.18%	2.78%	6.52%
EBITDA	6,159	6,614	4,119	1,691	1,451	1,340
EBITDA Margin	10.68%	11.38%	8.27%	4.84%	4.96%	4.58%
D&A For EBITDA	3,026	2,452	1,689	1,013	796	816
EBIT	3,134	4,162	2,430	678	655	524
EBIT Margin	5.43%	7.16%	4.88%	1.94%	2.24%	1.79%
Effective Tax Rate	42.83%	44.62%	46.63%	49.88%	50.38%	48.54%

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.