Shirohato Income Statement

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022
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
Revenue	6,017	6,274	6,372	6,354	6,231
Revenue Growth (YoY)	-4.10%	-1.54%	0.28%	1.97%	9.43%
Cost of Revenue	3,785	3,884	3,988	3,925	3,828
Gross Profit	2,232	2,390	2,384	2,429	2,403
Selling, General & Admin	2,008	2,176	2,198	2,161	2,210
Operating Expenses	2,318	2,354	2,391	2,371	2,442
Operating Income	-86	36	-7	58	-39
Interest Expense	-29	-30	-21	-25	-30
Other Non Operating Income (Expenses)	-2	-3	-28	-	1
EBT Excluding Unusual Items	-117	3	-56	33	-68
Gain (Loss) on Sale of Assets	676	-	-	-	-133
Asset Writedown	-	-	-2	-	-47
Other Unusual Items	-	-	-19	4	28
Pretax Income	559	3	-77	37	-220
Income Tax Expense	89	-120	43	-36	3
Net Income	470	123	-120	73	-223
Net Income to Common	470	123	-120	73	-223
Net Income Growth	282.11%	-	-	-	-
Shares Outstanding (Basic)	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7
EPS (Basic)	70.61	18.48	-18.03	10.97	-33.50
EPS (Diluted)	70.61	18.48	-18.03	10.97	-33.50
EPS Growth	282.11%	-	-	-	-
Free Cash Flow	-384	324	-162	-10	684
Free Cash Flow Per Share	-57.69	48.68	-24.34	-1.50	102.77
Gross Margin	37.09%	38.09%	37.41%	38.23%	38.56%
Operating Margin	-1.43%	0.57%	-0.11%	0.91%	-0.63%
Profit Margin	7.81%	1.96%	-1.88%	1.15%	-3.58%
Free Cash Flow Margin	-6.38%	5.16%	-2.54%	-0.16%	10.98%
EBITDA	88.67	227	199	282	213
EBITDA Margin	1.47%	3.62%	3.12%	4.44%	3.42%
D&A For EBITDA	174.67	191	206	224	252
EBIT	-86	36	-7	58	-39
EBIT Margin	-1.43%	0.57%	-0.11%	0.91%	-0.63%
Effective Tax Rate	15.92%	-	-	-	-
Advertising Expenses	-	602	580	492	540