TYO:3266 Income Statement

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Operating Revenue	5,842	5,668	4,135	1,685	2,194
Other Revenue	-	1	1	1	1
Revenue	5,842	5,669	4,136	1,686	2,195
Revenue Growth (YoY)	3.05%	37.06%	145.31%	-23.19%	43.18%
Cost of Revenue	4,559	4,533	3,072	830	1,412
Gross Profit	1,283	1,136	1,064	856	783
Selling, General & Admin	700	700	713	572	565
Operating Expenses	700	700	713	572	565
Operating Income	583	436	351	284	218
Interest Expense	-59	-66	-43	-12	-23
Interest & Investment Income	10	5	4	3	4
Currency Exchange Gain (Loss)	3	-	14	11	4
Other Non Operating Income (Expenses)	-41	-42	-28	-12	-2
EBT Excluding Unusual Items	496	333	298	274	201
Gain (Loss) on Sale of Investments	-	-	-	-	3
Asset Writedown	-	6	-	-2	-
Other Unusual Items	-	-	-	-2	-
Pretax Income	496	339	298	270	204
Income Tax Expense	164	139	114	43	52
Earnings From Continuing Operations	332	200	184	227	152
Minority Interest in Earnings	-5	-	-1	-	-
Net Income	327	200	183	227	152
Net Income to Common	327	200	183	227	152
Net Income Growth	63.50%	9.29%	-19.38%	49.34%	508.00%
Shares Outstanding (Basic)	38	38	38	38	38
Shares Outstanding (Diluted)	38	38	38	38	38
Shares Change (YoY)	-0.02%	-0.03%	-0.65%	-1.10%	1.88%
EPS (Basic)	8.69	5.31	4.86	6.03	4.04
EPS (Diluted)	8.69	5.31	4.86	6.00	3.99
EPS Growth	63.53%	9.32%	-19.02%	50.38%	499.97%
Free Cash Flow	-1,148	176	523	-1,405	1,125
Free Cash Flow Per Share	-30.49	4.67	13.89	-37.06	29.35
Dividend Per Share	-	1.000	1.000	1.000	1.000
Gross Margin	21.96%	20.04%	25.72%	50.77%	35.67%
Operating Margin	9.98%	7.69%	8.49%	16.84%	9.93%
Profit Margin	5.60%	3.53%	4.42%	13.46%	6.93%
Free Cash Flow Margin	-19.65%	3.10%	12.65%	-83.33%	51.25%
EBITDA	589	441	356	292	225
EBITDA Margin	10.08%	7.78%	8.61%	17.32%	10.25%
D&A For EBITDA	6	5	5	8	7
EBIT	583	436	351	284	218
EBIT Margin	9.98%	7.69%	8.49%	16.84%	9.93%
Effective Tax Rate	33.06%	41.00%	38.26%	15.93%	25.49%

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