Kobe Bussan Income Statement

Financials in millions JPY. Fiscal year is November - October.

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Revenue	560,874	551,701	507,883	461,546	406,813	362,064
Revenue Growth (YoY)	7.98%	8.63%	10.04%	13.45%	12.36%	6.22%
Cost of Revenue	491,904	485,235	449,470	408,827	360,217	318,940
Gross Profit	68,970	66,466	58,413	52,719	46,596	43,124
Selling, General & Admin	26,020	25,278	22,864	21,219	18,106	15,312
Amortization of Goodwill & Intangibles	90	90	32	5	5	5
Operating Expenses	27,343	26,587	24,350	22,250	18,776	15,828
Operating Income	41,627	39,879	34,063	30,469	27,820	27,296
Interest Expense	-26	-23	-29	-58	-86	-181
Interest & Investment Income	854	860	685	881	288	101
Currency Exchange Gain (Loss)	1,137	-345	-1,100	2,156	2,790	826
Other Non Operating Income (Expenses)	-2,256	2,442	813	604	834	824
EBT Excluding Unusual Items	41,336	42,813	34,432	34,052	31,646	28,866
Gain (Loss) on Sale of Investments	20	20	57	9	-50	-
Gain (Loss) on Sale of Assets	-62	-62	2	6	2	-122
Asset Writedown	-1,507	3,764	-3,108	-4,143	-589	-26
Other Unusual Items	93	84	30	31	15	19
Pretax Income	39,880	46,619	31,413	29,955	31,024	28,737
Income Tax Expense	12,680	14,741	9,970	9,395	10,192	9,145
Earnings From Continuing Operations	27,200	31,878	21,443	20,560	20,832	19,592
Net Income	27,200	31,878	21,443	20,560	20,832	19,592
Net Income to Common	27,200	31,878	21,443	20,560	20,832	19,592
Net Income Growth	2.61%	48.66%	4.29%	-1.31%	6.33%	30.20%
Shares Outstanding (Basic)	222	221	221	220	218	217
Shares Outstanding (Diluted)	223	223	222	222	222	221
Shares Change (YoY)	0.19%	0.15%	0.07%	0.14%	0.27%	0.38%
EPS (Basic)	122.78	143.98	97.09	93.59	95.35	90.48
EPS (Diluted)	122.06	143.11	96.41	92.51	93.87	88.52
EPS Growth	2.43%	48.44%	4.22%	-1.45%	6.04%	29.72%
Free Cash Flow	-	33,034	20,660	21,656	10,476	3,267
Free Cash Flow Per Share	-	148.29	92.89	97.44	47.20	14.76
Dividend Per Share	26.000	26.000	23.000	22.000	21.000	20.000
Dividend Growth	13.04%	13.04%	4.54%	4.76%	5.00%	60.00%
Gross Margin	12.30%	12.05%	11.50%	11.42%	11.45%	11.91%
Operating Margin	7.42%	7.23%	6.71%	6.60%	6.84%	7.54%
Profit Margin	4.85%	5.78%	4.22%	4.46%	5.12%	5.41%
Free Cash Flow Margin	-	5.99%	4.07%	4.69%	2.57%	0.90%
EBITDA	48,204	46,430	40,512	35,664	32,716	31,447
EBITDA Margin	8.59%	8.42%	7.98%	7.73%	8.04%	8.69%
D&A For EBITDA	6,577	6,551	6,449	5,195	4,896	4,151
EBIT	41,627	39,879	34,063	30,469	27,820	27,296
EBIT Margin	7.42%	7.23%	6.71%	6.60%	6.84%	7.54%
Effective Tax Rate	31.80%	31.62%	31.74%	31.36%	32.85%	31.82%
Advertising Expenses	-	745	740	678	624	617

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