HOTLAND HOLDINGS Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	51,040	46,126	38,710	32,163	29,678
Revenue Growth (YoY)	10.65%	19.16%	20.36%	8.37%	3.29%
Cost of Revenue	22,404	20,258	16,548	13,599	11,605
Gross Profit	28,636	25,868	22,162	18,564	18,073
Selling, General & Admin	26,852	21,825	18,538	15,533	15,979
Amortization of Goodwill & Intangibles	-	99	-	-	-
Operating Expenses	26,852	23,323	19,943	16,819	17,103
Operating Income	1,784	2,545	2,219	1,745	970
Interest Expense	-143	-64	-38	-39	-34
Interest & Investment Income	15	25	9	4	3
Currency Exchange Gain (Loss)	322	865	416	310	356
Other Non Operating Income (Expenses)	76	71	28	588	2,307
EBT Excluding Unusual Items	2,054	3,442	2,634	2,608	3,602
Gain (Loss) on Sale of Investments	-	22	-	-	-
Gain (Loss) on Sale of Assets	-13	-27	-80	-73	-45
Asset Writedown	-815	-675	-869	-564	-333
Other Unusual Items	-36	-93	-35	-65	-41
Pretax Income	1,190	2,669	1,650	1,906	3,183
Income Tax Expense	627	623	607	558	1,017
Earnings From Continuing Operations	563	2,046	1,043	1,348	2,166
Minority Interest in Earnings	-158	-197	-22	10	-87
Net Income	405	1,849	1,021	1,358	2,079
Net Income to Common	405	1,849	1,021	1,358	2,079
Net Income Growth	-78.10%	81.10%	-24.82%	-34.68%	-
Shares Outstanding (Basic)	21	21	22	22	22
Shares Outstanding (Diluted)	21	21	22	22	22
Shares Change (YoY)	0.03%	-1.72%	0.22%	-0.32%	0.63%
EPS (Basic)	19.05	86.99	47.21	62.92	96.55
EPS (Diluted)	19.05	86.99	47.21	62.92	96.02
EPS Growth	-78.10%	84.27%	-24.98%	-34.47%	-
Free Cash Flow	-1,313	1,089	758	1,252	3,637
Free Cash Flow Per Share	-61.75	51.23	35.05	58.01	167.98
Dividend Per Share	-	13.000	10.000	7.000	-
Dividend Growth	-	30.00%	42.86%	-	-
Gross Margin	56.11%	56.08%	57.25%	57.72%	60.90%
Operating Margin	3.50%	5.52%	5.73%	5.42%	3.27%
Profit Margin	0.79%	4.01%	2.64%	4.22%	7.00%
Free Cash Flow Margin	-2.57%	2.36%	1.96%	3.89%	12.26%
EBITDA	3,767	4,092	3,627	3,084	2,155
EBITDA Margin	7.38%	8.87%	9.37%	9.59%	7.26%
D&A For EBITDA	1,983	1,547	1,408	1,339	1,185
EBIT	1,784	2,545	2,219	1,745	970
EBIT Margin	3.50%	5.52%	5.73%	5.42%	3.27%
Effective Tax Rate	52.69%	23.34%	36.79%	29.28%	31.95%
Advertising Expenses	-	1,686	1,150	757	639

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.