KOSE R.E. Income Statement

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

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Revenue	7,054	7,648	10,162	10,995	11,288	9,375
Revenue Growth (YoY)	6.00%	-24.74%	-7.58%	-2.60%	20.41%	3.53%
Cost of Revenue	5,294	5,738	7,083	7,939	8,474	6,805
Gross Profit	1,760	1,910	3,079	3,056	2,814	2,570
Selling, General & Admin	1,562	1,573	1,448	1,413	1,645	1,793
Other Operating Expenses	-	-	-	-	13	7
Operating Expenses	1,578	1,589	1,461	1,425	1,672	1,815
Operating Income	182	321	1,618	1,631	1,142	755
Interest Expense	-99	-57	-56	-111	-160	-156
Other Non Operating Income (Expenses)	257	236	267	322	289	240
EBT Excluding Unusual Items	340	500	1,829	1,842	1,271	839
Pretax Income	340	500	1,829	1,842	1,271	839
Income Tax Expense	115	158	567	583	393	266
Earnings From Continuing Operations	225	342	1,262	1,259	878	573
Minority Interest in Earnings	1	-1	-	-	2	7
Net Income	226	341	1,262	1,259	880	580
Net Income to Common	226	341	1,262	1,259	880	580
Net Income Growth	-34.87%	-72.98%	0.24%	43.07%	51.72%	36.47%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
EPS (Basic)	22.25	33.57	124.25	123.96	86.64	57.10
EPS (Diluted)	22.25	33.57	124.25	123.96	86.64	57.10
EPS Growth	-34.87%	-72.98%	0.24%	43.07%	51.72%	36.47%
Free Cash Flow	-	-1,994	1,130	2,940	6,216	-2,057
Free Cash Flow Per Share	-	-196.32	111.26	289.46	612.01	-202.53
Dividend Per Share	24.000	24.000	36.000	36.000	25.000	15.000
Dividend Growth	-33.33%	-33.33%	-	44.00%	66.67%	15.38%
Gross Margin	24.95%	24.97%	30.30%	27.79%	24.93%	27.41%
Operating Margin	2.58%	4.20%	15.92%	14.83%	10.12%	8.05%
Profit Margin	3.20%	4.46%	12.42%	11.45%	7.80%	6.19%
Free Cash Flow Margin	-	-26.07%	11.12%	26.74%	55.07%	-21.94%
EBITDA	226.25	354	1,636	1,648	1,181	795
EBITDA Margin	3.21%	4.63%	16.10%	14.99%	10.46%	8.48%
D&A For EBITDA	44.25	33	18	17	39	40
EBIT	182	321	1,618	1,631	1,142	755
EBIT Margin	2.58%	4.20%	15.92%	14.83%	10.12%	8.05%
Effective Tax Rate	33.82%	31.60%	31.00%	31.65%	30.92%	31.70%
Advertising Expenses	-	465	316	292	528	647

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