Visual Processing Japan Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,246	1,208	1,056	911
Revenue Growth (YoY)	17.99%	14.39%	15.92%	-
Cost of Revenue	447	496	432	317
Gross Profit	799	712	624	594
Selling, General & Admin	572	519	484	483
Operating Expenses	581	528	484	483
Operating Income	218	184	140	111
Currency Exchange Gain (Loss)	-	1	-	2
Other Non Operating Income (Expenses)	-14	-1	-	30
EBT Excluding Unusual Items	205	184	140	143
Gain (Loss) on Sale of Investments	-	2	-	-26
Asset Writedown	-	-	-	-13
Other Unusual Items	-	-	-	-2
Pretax Income	205	186	140	102
Income Tax Expense	72	64	50	28
Net Income	133	122	90	74
Net Income to Common	133	122	90	74
Net Income Growth	47.78%	35.56%	21.62%	-
Shares Outstanding (Basic)	2	1	1	1
Shares Outstanding (Diluted)	2	1	1	1
EPS (Basic)	79.97	87.14	64.29	52.86
EPS (Diluted)	79.97	87.14	64.29	52.86
EPS Growth	24.39%	35.56%	21.62%	-
Free Cash Flow	-	109	-	-
Free Cash Flow Per Share	-	77.86	-	-
Gross Margin	64.13%	58.94%	59.09%	65.20%
Operating Margin	17.50%	15.23%	13.26%	12.18%
Profit Margin	10.67%	10.10%	8.52%	8.12%
Free Cash Flow Margin	-	9.02%	-	-
EBITDA	-	228	-	-
EBITDA Margin	-	18.87%	-	-
D&A For EBITDA	-	44	-	-
EBIT	218	184	140	111
EBIT Margin	17.50%	15.23%	13.26%	12.18%
Effective Tax Rate	35.12%	34.41%	35.71%	27.45%

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