Nippon Felt Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	9,476	9,699	10,082	10,399	9,839	10,005
Revenue Growth (YoY)	-4.23%	-3.80%	-3.05%	5.69%	-1.66%	-7.71%
Cost of Revenue	6,671	6,734	6,909	6,895	6,588	7,097
Gross Profit	2,805	2,965	3,173	3,504	3,251	2,908
Selling, General & Admin	2,448	2,646	2,704	2,679	2,619	2,663
Operating Expenses	2,567	2,765	2,704	2,680	2,622	2,676
Operating Income	238	200	469	824	629	232
Interest Expense	-8	-6	-5	-9	-9	-9
Interest & Investment Income	321	249	200	174	165	151
Currency Exchange Gain (Loss)	-19	-	10	40	-1	-14
Other Non Operating Income (Expenses)	29	46	24	38	88	148
EBT Excluding Unusual Items	561	489	698	1,067	872	508
Gain (Loss) on Sale of Investments	152	124	-	-	-128	9
Gain (Loss) on Sale of Assets	-31	-22	-36	-12	-42	-31
Other Unusual Items	-30	-23	-	-	-	-
Pretax Income	652	568	662	1,055	702	486
Income Tax Expense	147	136	163	289	212	158
Earnings From Continuing Operations	505	432	499	766	490	328
Minority Interest in Earnings	3	-3	-12	-16	9	1
Net Income	508	429	487	750	499	329
Net Income to Common	508	429	487	750	499	329
Net Income Growth	16.25%	-11.91%	-35.07%	50.30%	51.67%	-21.29%
Shares Outstanding (Basic)	18	18	18	19	19	19
Shares Outstanding (Diluted)	18	18	18	19	19	19
Shares Change (YoY)	-2.36%	-2.39%	-1.74%	-0.66%	-0.61%	-0.61%
EPS (Basic)	28.65	23.79	26.36	39.89	26.37	17.28
EPS (Diluted)	28.65	23.79	26.36	39.89	26.37	17.28
EPS Growth	19.05%	-9.75%	-33.91%	51.29%	52.60%	-20.81%
Free Cash Flow	-	197	111	500	1,010	639
Free Cash Flow Per Share	-	10.93	6.01	26.59	53.37	33.56
Dividend Per Share	10.000	20.000	16.000	13.000	13.000	13.000
Dividend Growth	-50.00%	25.00%	23.08%	-	-	-
Gross Margin	29.60%	30.57%	31.47%	33.70%	33.04%	29.07%
Operating Margin	2.51%	2.06%	4.65%	7.92%	6.39%	2.32%
Profit Margin	5.36%	4.42%	4.83%	7.21%	5.07%	3.29%
Free Cash Flow Margin	-	2.03%	1.10%	4.81%	10.27%	6.39%
EBITDA	769.5	742	1,025	1,381	1,153	872
EBITDA Margin	8.12%	7.65%	10.17%	13.28%	11.72%	8.72%
D&A For EBITDA	531.5	542	556	557	524	640
EBIT	238	200	469	824	629	232
EBIT Margin	2.51%	2.06%	4.65%	7.92%	6.39%	2.32%
Effective Tax Rate	22.55%	23.94%	24.62%	27.39%	30.20%	32.51%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.