FORCIA 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
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023
Revenue	2,198	2,310	1,947	2,146
Revenue Growth	-4.88%	18.66%	-9.28%	-
Cost of Revenue	1,135	1,075	894.22	1,121
Gross Profit	1,062	1,235	1,053	1,025
Selling, General & Admin	990.86	1,020	913.57	920.89
Operating Expenses	990.86	1,020	913.57	920.89
Operating Income	71.46	215.34	139.16	104.6
Interest Expense	-0	-	-	-
Interest & Investment Income	2.55	0.52	0.01	0.01
Earnings From Equity Investments	-	-	-	68.54
Other Non Operating Income (Expenses)	0.41	-17.55	1.17	1.64
EBT Excluding Unusual Items	74.41	198.3	140.33	174.79
Gain (Loss) on Sale of Assets	-	-0.12	-	-0.08
Asset Writedown	-	-	-	-26.53
Pretax Income	74.41	198.19	140.33	148.18
Income Tax Expense	25.7	66.49	41.25	18.13
Net Income	48.72	131.7	99.09	130.05
Net Income to Common	48.72	131.7	99.09	130.05
Net Income Growth	-63.01%	32.91%	-23.81%	-
Shares Outstanding (Basic)	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1
Shares Change	18.53%	3.93%	-	-
EPS (Basic)	39.55	126.72	99.09	130.05
EPS (Diluted)	39.55	126.72	99.09	130.05
EPS Growth	-68.79%	27.88%	-23.81%	-
Free Cash Flow	167.84	21.5	509.66	-264.43
Free Cash Flow Per Share	136.24	20.68	509.66	-264.43
Gross Margin	48.34%	53.46%	54.07%	47.78%
Operating Margin	3.25%	9.32%	7.15%	4.87%
Profit Margin	2.22%	5.70%	5.09%	6.06%
Free Cash Flow Margin	7.64%	0.93%	26.18%	-12.32%
EBITDA	85.81	269.21	183.56	159.07
EBITDA Margin	3.91%	11.65%	9.43%	7.41%
D&A For EBITDA	14.35	53.87	44.41	54.47
EBIT	71.46	215.34	139.16	104.6
EBIT Margin	3.25%	9.32%	7.15%	4.87%
Effective Tax Rate	34.53%	33.55%	29.39%	12.23%