Shirohato Income Statement

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Revenue	6,017	6,274	6,372	6,354	6,231	5,694
Revenue Growth (YoY)	-1.47%	-1.54%	0.28%	1.97%	9.43%	8.44%
Cost of Revenue	3,785	3,884	3,988	3,925	3,828	3,524
Gross Profit	2,232	2,390	2,384	2,429	2,403	2,170
Selling, General & Admin	2,140	2,176	2,198	2,161	2,210	2,169
Operating Expenses	2,318	2,354	2,391	2,371	2,442	2,342
Operating Income	-86	36	-7	58	-39	-172
Interest Expense	-29	-30	-21	-25	-30	-18
Other Non Operating Income (Expenses)	-2	-3	-28	-	1	-20
EBT Excluding Unusual Items	-117	3	-56	33	-68	-210
Gain (Loss) on Sale of Assets	676	-	-	-	-133	-
Asset Writedown	-	-	-2	-	-47	-79
Other Unusual Items	-	-	-19	4	28	5
Pretax Income	559	3	-77	37	-220	-284
Income Tax Expense	89	-120	43	-36	3	3
Net Income	470	123	-120	73	-223	-287
Net Income to Common	470	123	-120	73	-223	-287
Shares Outstanding (Basic)	7	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7	7
Shares Change (YoY)	-	-	-	-	-	0.01%
EPS (Basic)	70.61	18.48	-18.03	10.97	-33.50	-43.12
EPS (Diluted)	70.61	18.48	-18.03	10.97	-33.50	-43.12
Free Cash Flow	-	324	-162	-10	684	-1,590
Free Cash Flow Per Share	-	48.68	-24.34	-1.50	102.77	-238.88
Gross Margin	37.09%	38.09%	37.41%	38.23%	38.56%	38.11%
Operating Margin	-1.43%	0.57%	-0.11%	0.91%	-0.63%	-3.02%
Profit Margin	7.81%	1.96%	-1.88%	1.15%	-3.58%	-5.04%
Free Cash Flow Margin	-	5.16%	-2.54%	-0.16%	10.98%	-27.92%
EBITDA	81.5	227	199	282	213	10
EBITDA Margin	1.35%	3.62%	3.12%	4.44%	3.42%	0.18%
D&A For EBITDA	167.5	191	206	224	252	182
EBIT	-86	36	-7	58	-39	-172
EBIT Margin	-1.43%	0.57%	-0.11%	0.91%	-0.63%	-3.02%
Effective Tax Rate	15.92%	-	-	-	-	-
Advertising Expenses	-	602	580	492	540	490

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