TOKYO BASE Income Statement

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

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Revenue	23,734	20,207	19,986	19,181	18,993
Revenue Growth (YoY)	17.46%	1.11%	4.20%	0.99%	29.44%
Cost of Revenue	11,430	9,772	9,971	9,572	9,050
Gross Profit	12,304	10,435	10,015	9,609	9,943
Selling, General & Admin	10,348	8,495	8,181	8,256	8,174
Operating Expenses	10,348	8,962	9,134	9,394	8,971
Operating Income	1,956	1,473	881	215	972
Interest Expense	-55.01	-30	-34	-55	-39
Interest & Investment Income	5.17	-	-	-	-
Currency Exchange Gain (Loss)	-37.46	22	225	75	177.33
Other Non Operating Income (Expenses)	20.99	9	49	30	6
EBT Excluding Unusual Items	1,890	1,474	1,121	265	1,116
Asset Writedown	-107.18	-202	-288	-262	-127
Other Unusual Items	-9.5	-29	19	-212	92
Pretax Income	1,773	1,243	852	-209	1,081
Income Tax Expense	564.21	467	517	330	319.33
Net Income	1,209	776	335	-539	762
Net Income to Common	1,209	776	335	-539	762
Net Income Growth	55.80%	131.64%	-	-	-
Shares Outstanding (Basic)	43	44	46	46	44
Shares Outstanding (Diluted)	44	44	47	46	46
Shares Change (YoY)	1.18%	-5.86%	1.59%	0.66%	-1.08%
EPS (Basic)	27.80	17.83	7.30	-11.75	17.19
EPS (Diluted)	27.24	17.71	7.20	-11.75	16.74
EPS Growth	53.81%	145.97%	-	-	-
Free Cash Flow	203.93	1,325	723	-697	-93.82
Free Cash Flow Per Share	4.59	30.20	15.51	-15.20	-2.06
Dividend Per Share	6.000	5.000	4.000	2.000	-
Dividend Growth	20.00%	25.00%	100.00%	-	-
Gross Margin	51.84%	51.64%	50.11%	50.10%	52.35%
Operating Margin	8.24%	7.29%	4.41%	1.12%	5.12%
Profit Margin	5.09%	3.84%	1.68%	-2.81%	4.01%
Free Cash Flow Margin	0.86%	6.56%	3.62%	-3.63%	-0.49%
EBITDA	2,493	1,957	1,862	1,381	1,803
EBITDA Margin	10.51%	9.69%	9.32%	7.20%	9.50%
D&A For EBITDA	537.19	484	981	1,166	831.27
EBIT	1,956	1,473	881	215	972
EBIT Margin	8.24%	7.29%	4.41%	1.12%	5.12%
Effective Tax Rate	31.82%	37.57%	60.68%	-	29.53%

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