Recomm Income Statement

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	13,088	11,687	9,510	8,920	6,628
Revenue Growth (YoY)	11.99%	22.89%	6.61%	34.58%	-24.16%
Cost of Revenue	9,935	8,812	7,078	6,313	4,179
Gross Profit	3,153	2,875	2,432	2,607	2,449
Selling, General & Admin	2,477	2,573	2,043	2,019	1,911
Other Operating Expenses	43	56	-123	31	135
Operating Expenses	2,726	2,805	2,066	2,201	2,184
Operating Income	427	70	366	406	265
Interest Expense	-84	-50	-38	-31	-17
Interest & Investment Income	19	23	8	4	2
Earnings From Equity Investments	33	70	62	28	3
Currency Exchange Gain (Loss)	71	-4	5	39	-
Other Non Operating Income (Expenses)	50	-3	-2	7	-9
EBT Excluding Unusual Items	516	106	401	453	244
Impairment of Goodwill	-	-	84	-	-
Gain (Loss) on Sale of Investments	-	-	3	4	-64
Gain (Loss) on Sale of Assets	-	200	1	-	27
Asset Writedown	-69	-	-	-	-54
Pretax Income	447	306	489	457	153
Income Tax Expense	152	164	125	177	148
Earnings From Continuing Operations	295	142	364	280	5
Earnings From Discontinued Operations	-	-	1	15	-260
Net Income to Company	295	142	365	295	-255
Minority Interest in Earnings	-99	-59	-51	56	-61
Net Income	196	83	314	351	-316
Net Income to Common	196	83	314	351	-316
Net Income Growth	136.15%	-73.57%	-10.54%	-	-
Shares Outstanding (Basic)	81	81	81	81	82
Shares Outstanding (Diluted)	81	81	81	81	82
Shares Change (YoY)	-0.40%	-	-0.21%	-0.23%	8.61%
EPS (Basic)	2.42	1.02	3.87	4.31	-3.87
EPS (Diluted)	2.42	1.02	3.87	4.31	-3.87
EPS Growth	137.09%	-73.57%	-10.36%	-	-
Free Cash Flow	260	787	-146	197	373
Free Cash Flow Per Share	3.21	9.69	-1.80	2.42	4.57
Dividend Per Share	1.000	1.100	1.600	1.000	-
Dividend Growth	-9.09%	-31.25%	60.00%	-	-
Gross Margin	24.09%	24.60%	25.57%	29.23%	36.95%
Operating Margin	3.26%	0.60%	3.85%	4.55%	4.00%
Profit Margin	1.50%	0.71%	3.30%	3.94%	-4.77%
Free Cash Flow Margin	1.99%	6.73%	-1.54%	2.21%	5.63%
EBITDA	702	246	512	563	434
EBITDA Margin	5.36%	2.10%	5.38%	6.31%	6.55%
D&A For EBITDA	275	176	146	157	169
EBIT	427	70	366	406	265
EBIT Margin	3.26%	0.60%	3.85%	4.55%	4.00%
Effective Tax Rate	34.00%	53.60%	25.56%	38.73%	96.73%
Advertising Expenses	63	69	70	50	50

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.