JINUSHI 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	76,327	57,068	31,597	49,887	56,177
Revenue Growth (YoY)	33.75%	80.61%	-36.66%	-11.20%	-13.36%
Cost of Revenue	62,289	43,673	21,098	39,030	46,913
Gross Profit	14,038	13,395	10,499	10,857	9,264
Selling, General & Admin	5,225	4,600	4,229	4,355	3,705
Operating Expenses	5,434	4,717	4,344	4,446	3,788
Operating Income	8,604	8,678	6,155	6,411	5,476
Interest Expense	-1,061	-655	-445	-598	-457
Interest & Investment Income	44	127	51	17	5
Earnings From Equity Investments	-60	1	40	-8	-83
Currency Exchange Gain (Loss)	-44	350	84	296	138
Other Non Operating Income (Expenses)	-326	-245	-168	-176	-80
EBT Excluding Unusual Items	7,157	8,256	5,717	5,942	4,999
Gain (Loss) on Sale of Investments	626	-40	282	-64	-73
Gain (Loss) on Sale of Assets	1,587	-	1,207	-	-
Asset Writedown	-	-	-40	-1,203	-
Other Unusual Items	907	-	-	-64	-
Pretax Income	10,277	8,216	7,166	4,611	4,926
Income Tax Expense	2,828	2,122	2,431	967	1,802
Earnings From Continuing Operations	7,449	6,094	4,735	3,644	3,124
Minority Interest in Earnings	-80	-7	-26	-3	-
Net Income	7,369	6,087	4,709	3,641	3,124
Net Income to Common	7,369	6,087	4,709	3,641	3,124
Net Income Growth	21.06%	29.26%	29.33%	16.55%	-4.38%
Shares Outstanding (Basic)	21	18	18	18	18
Shares Outstanding (Diluted)	21	18	18	18	18
Shares Change (YoY)	13.54%	3.35%	-3.81%	-	-0.02%
EPS (Basic)	357.03	334.84	267.73	199.12	170.84
EPS (Diluted)	357.03	334.84	267.73	199.12	170.84
EPS Growth	6.63%	25.07%	34.46%	16.55%	-4.35%
Free Cash Flow	-27,667	-4,725	-25,875	19,614	-2,000
Free Cash Flow Per Share	-1340.48	-259.92	-1471.10	1072.64	-109.38
Dividend Per Share	100.000	85.000	55.000	55.000	-
Dividend Growth	17.65%	54.55%	-	-	-
Gross Margin	18.39%	23.47%	33.23%	21.76%	16.49%
Operating Margin	11.27%	15.21%	19.48%	12.85%	9.75%
Profit Margin	9.65%	10.67%	14.90%	7.30%	5.56%
Free Cash Flow Margin	-36.25%	-8.28%	-81.89%	39.32%	-3.56%
EBITDA	8,914	8,889	6,361	6,559	5,624
EBITDA Margin	11.68%	15.58%	20.13%	13.15%	10.01%
D&A For EBITDA	310	211	206	148	148
EBIT	8,604	8,678	6,155	6,411	5,476
EBIT Margin	11.27%	15.21%	19.48%	12.85%	9.75%
Effective Tax Rate	27.52%	25.83%	33.92%	20.97%	36.58%

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