BASE FOOD 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
Revenue	15,192	15,241	14,874	9,857	5,545
Revenue Growth (YoY)	-0.32%	2.47%	50.90%	77.76%	264.32%
Cost of Revenue	6,590	6,860	7,476	4,591	2,272
Gross Profit	8,602	8,381	7,398	5,266	3,273
Selling, General & Admin	8,385	8,244	8,299	6,226	3,727
Other Operating Expenses	-	-	1	11	-
Operating Expenses	8,385	8,244	8,300	6,237	3,727
Operating Income	217.44	137	-902	-971	-454
Interest Expense	-15.94	-20	-5	-6	-1
Interest & Investment Income	4.41	1	-	-	-
Currency Exchange Gain (Loss)	-0.85	1	-	-	-
Other Non Operating Income (Expenses)	62.66	4	16	-19	-6
EBT Excluding Unusual Items	267.72	123	-891	-996	-461
Asset Writedown	-0.18	-	-3	-7	-
Pretax Income	267.53	123	-894	-1,003	-461
Income Tax Expense	5.16	15	-38	5	2
Net Income	262.37	108	-856	-1,008	-463
Net Income to Common	262.37	108	-856	-1,008	-463
Net Income Growth	142.94%	-	-	-	-
Shares Outstanding (Basic)	53	53	51	40	25
Shares Outstanding (Diluted)	54	53	51	40	25
Shares Change (YoY)	1.19%	4.07%	28.32%	58.88%	-2.15%
EPS (Basic)	4.92	2.05	-16.83	-25.43	-18.55
EPS (Diluted)	4.90	2.04	-16.83	-25.43	-18.55
EPS Growth	140.20%	-	-	-	-
Free Cash Flow	134.09	51	-733	-799	-
Free Cash Flow Per Share	2.50	0.96	-14.41	-20.15	-
Gross Margin	56.62%	54.99%	49.74%	53.42%	59.03%
Operating Margin	1.43%	0.90%	-6.06%	-9.85%	-8.19%
Profit Margin	1.73%	0.71%	-5.75%	-10.23%	-8.35%
Free Cash Flow Margin	0.88%	0.34%	-4.93%	-8.11%	-
EBITDA	283.73	200	-868	-955	-
EBITDA Margin	1.87%	1.31%	-5.84%	-9.69%	-
D&A For EBITDA	66.29	63	34	16	-
EBIT	217.44	137	-902	-971	-454
EBIT Margin	1.43%	0.90%	-6.06%	-9.85%	-8.19%
Effective Tax Rate	1.93%	12.20%	-	-	-
Advertising Expenses	-	2,848	3,011	2,262	-

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.