LA 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	46,544	44,707	31,499	18,253	14,677
Revenue Growth (YoY)	4.11%	41.93%	72.57%	24.37%	6.69%
Cost of Revenue	33,171	33,317	22,989	12,238	9,540
Gross Profit	13,373	11,390	8,510	6,015	5,137
Selling, General & Admin	3,348	3,211	2,608	1,581	1,738
Other Operating Expenses	-	458	331	196	177
Operating Expenses	3,348	3,689	2,957	1,788	1,920
Operating Income	10,025	7,701	5,553	4,227	3,217
Interest Expense	-991	-647	-559	-413	-247
Interest & Investment Income	71	5	6	5	3
Earnings From Equity Investments	-38	-37	-	-	-
Currency Exchange Gain (Loss)	-	-	25	106	58
Other Non Operating Income (Expenses)	-111	-175	-84	-195	-184
EBT Excluding Unusual Items	8,956	6,847	4,941	3,730	2,847
Gain (Loss) on Sale of Investments	-	-	-104	819	-
Gain (Loss) on Sale of Assets	10	-	-	2	-2
Asset Writedown	-	-17	-5	-	-9
Other Unusual Items	-70	-	-1	1	4
Pretax Income	8,896	6,830	4,831	4,552	2,840
Income Tax Expense	2,761	2,117	1,538	1,155	881
Earnings From Continuing Operations	6,135	4,713	3,293	3,397	1,959
Net Income	6,135	4,713	3,293	3,397	1,959
Net Income to Common	6,135	4,713	3,293	3,397	1,959
Net Income Growth	30.17%	43.12%	-3.06%	73.41%	201.39%
Shares Outstanding (Basic)	7	6	6	5	5
Shares Outstanding (Diluted)	7	6	6	5	5
Shares Change (YoY)	12.45%	3.00%	12.63%	10.73%	-9.23%
EPS (Basic)	874.90	759.36	548.94	641.21	410.82
EPS (Diluted)	864.56	746.87	537.65	624.65	398.76
EPS Growth	15.76%	38.91%	-13.93%	56.65%	231.91%
Free Cash Flow	-13,853	-2,359	-4,265	-4,760	-6,743
Free Cash Flow Per Share	-1952.20	-373.82	-696.15	-875.04	-1372.53
Dividend Per Share	-	292.000	211.000	200.000	132.000
Dividend Growth	-	38.39%	5.50%	51.52%	256.76%
Gross Margin	28.73%	25.48%	27.02%	32.95%	35.00%
Operating Margin	21.54%	17.22%	17.63%	23.16%	21.92%
Profit Margin	13.18%	10.54%	10.45%	18.61%	13.35%
Free Cash Flow Margin	-29.76%	-5.28%	-13.54%	-26.08%	-45.94%
EBITDA	10,246	7,892	5,793	4,468	3,425
EBITDA Margin	22.01%	17.65%	18.39%	24.48%	23.34%
D&A For EBITDA	221	191	240	241	208
EBIT	10,025	7,701	5,553	4,227	3,217
EBIT Margin	21.54%	17.22%	17.63%	23.16%	21.92%
Effective Tax Rate	31.04%	31.00%	31.84%	25.37%	31.02%
Advertising Expenses	-	200	124	61	166

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