Happiness and D Income Statement

Financials in millions JPY. Fiscal year is September - August.

Millions JPY. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Feb '26 Feb 28, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023
Revenue	8,502	8,841	10,780	12,742
Revenue Growth (YoY)	-10.81%	-17.99%	-15.40%	-
Cost of Revenue	4,977	5,255	6,667	8,278
Gross Profit	3,525	3,586	4,113	4,464
Selling, General & Admin	3,843	3,990	4,272	4,681
Operating Expenses	3,843	3,990	4,272	4,681
Operating Income	-318	-404	-159	-217
Interest Expense	-43	-35	-32	-30
Interest & Investment Income	1	1	1	1
Other Non Operating Income (Expenses)	6	2	3	3
EBT Excluding Unusual Items	-354	-436	-187	-243
Gain (Loss) on Sale of Investments	-	-	-1	-
Asset Writedown	-220	-241	-270	-190
Other Unusual Items	-31	-41	-16	-20
Pretax Income	-605	-718	-474	-453
Income Tax Expense	34	90	-15	215
Net Income	-639	-808	-459	-668
Net Income to Common	-639	-808	-459	-668
Shares Outstanding (Basic)	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3
Shares Change (YoY)	4.21%	0.05%	0.35%	-
EPS (Basic)	-241.00	-317.35	-180.37	-263.42
EPS (Diluted)	-241.00	-317.35	-180.37	-263.42
Free Cash Flow	-397	107	649	-86
Free Cash Flow Per Share	-149.73	42.02	255.03	-33.91
Dividend Per Share	-	7.500	15.000	15.000
Dividend Growth	-	-50.00%	-	-
Gross Margin	41.46%	40.56%	38.15%	35.03%
Operating Margin	-3.74%	-4.57%	-1.47%	-1.70%
Profit Margin	-7.52%	-9.14%	-4.26%	-5.24%
Free Cash Flow Margin	-4.67%	1.21%	6.02%	-0.68%
EBITDA	-202	-260	15	-9
EBITDA Margin	-2.38%	-2.94%	0.14%	-0.07%
D&A For EBITDA	116	144	174	208
EBIT	-318	-404	-159	-217
EBIT Margin	-3.74%	-4.57%	-1.47%	-1.70%