TOKYO BASE 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	Feb '21 Feb 28, 2021
Revenue	22,577	20,207	19,986	19,181	18,993	14,673
Revenue Growth (YoY)	17.48%	1.11%	4.20%	0.99%	29.44%	-3.77%
Cost of Revenue	10,816	9,772	9,971	9,572	9,050	7,527
Gross Profit	11,761	10,435	10,015	9,609	9,943	7,146
Selling, General & Admin	9,877	8,495	8,181	8,256	8,174	6,766
Operating Expenses	9,877	8,962	9,134	9,394	8,971	6,939
Operating Income	1,884	1,473	881	215	972	207
Interest Expense	-44.08	-30	-34	-55	-39	-2
Currency Exchange Gain (Loss)	-95.97	22	225	75	177.33	-1
Other Non Operating Income (Expenses)	23.3	9	49	30	6	6
EBT Excluding Unusual Items	1,772	1,474	1,121	265	1,116	210
Asset Writedown	-181.71	-202	-288	-262	-127	-216
Other Unusual Items	-8.49	-29	19	-212	92	-35
Pretax Income	1,582	1,243	852	-209	1,081	-41
Income Tax Expense	504.36	467	517	330	319.33	71
Net Income	1,078	776	335	-539	762	-112
Net Income to Common	1,078	776	335	-539	762	-112
Net Income Growth	77.87%	131.64%	-	-	-	-
Shares Outstanding (Basic)	43	44	46	46	44	46
Shares Outstanding (Diluted)	44	44	47	46	46	46
Shares Change (YoY)	-1.73%	-5.86%	1.59%	0.66%	-1.08%	-3.71%
EPS (Basic)	24.84	17.83	7.30	-11.75	17.19	-2.43
EPS (Diluted)	24.63	17.71	7.20	-11.75	16.74	-2.43
EPS Growth	81.19%	145.97%	-	-	-	-
Free Cash Flow	-	1,325	723	-697	-93.82	-531
Free Cash Flow Per Share	-	30.20	15.51	-15.20	-2.06	-11.53
Dividend Per Share	5.000	5.000	4.000	2.000	-	-
Dividend Growth	25.00%	25.00%	100.00%	-	-	-
Gross Margin	52.09%	51.64%	50.11%	50.10%	52.35%	48.70%
Operating Margin	8.34%	7.29%	4.41%	1.12%	5.12%	1.41%
Profit Margin	4.77%	3.84%	1.68%	-2.81%	4.01%	-0.76%
Free Cash Flow Margin	-	6.56%	3.62%	-3.63%	-0.49%	-3.62%
EBITDA	-	1,957	1,862	1,381	1,803	398
EBITDA Margin	-	9.69%	9.32%	7.20%	9.50%	2.71%
D&A For EBITDA	111.25	484	981	1,166	831.27	191
EBIT	1,884	1,473	881	215	972	207
EBIT Margin	8.34%	7.29%	4.41%	1.12%	5.12%	1.41%
Effective Tax Rate	31.88%	37.57%	60.68%	-	29.53%	-

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