Thermae-Yu Holdings 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	Sep '25 Sep 30, 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	2,251	1,980	1,892	1,407	751	599
Revenue Growth (YoY)	15.50%	4.65%	34.47%	87.35%	25.38%	-64.45%
Cost of Revenue	1,704	1,472	1,555	1,211	697	647
Gross Profit	547	508	337	196	54	-48
Selling, General & Admin	209	164	143	179	134	118
Other Operating Expenses	5	5	6	17	35	5
Operating Expenses	212	167	149	196	169	129
Operating Income	335	341	188	-	-115	-177
Interest Expense	-6	-7	-9	-10	-11	-12
Interest & Investment Income	1	-	-	-	-	-
Other Non Operating Income (Expenses)	5	5	4	2	-6	3
EBT Excluding Unusual Items	335	339	183	-8	-132	-186
Gain (Loss) on Sale of Investments	-	-	-	167	-	-
Asset Writedown	-	-	-	-3	-7	-
Other Unusual Items	-18	-	-	6	162	-16
Pretax Income	317	339	183	162	23	-202
Income Tax Expense	150	148	87	111	45	-44
Earnings From Continuing Operations	167	191	96	51	-22	-158
Net Income	167	191	96	51	-22	-158
Net Income to Common	167	191	96	51	-22	-158
Net Income Growth	-9.73%	98.96%	88.23%	-	-	-
Shares Outstanding (Basic)	26	26	26	26	22	21
Shares Outstanding (Diluted)	27	27	26	26	22	21
Shares Change (YoY)	0.77%	0.20%	-0.01%	21.43%	2.03%	-
EPS (Basic)	6.31	7.22	3.63	1.93	-1.01	-7.40
EPS (Diluted)	6.31	7.22	3.63	1.93	-1.01	-7.40
EPS Growth	-9.72%	98.98%	88.25%	-	-	-
Free Cash Flow	387	470	370	-1,206	-48	-133
Free Cash Flow Per Share	14.52	17.73	13.98	-45.58	-2.20	-6.23
Dividend Per Share	5.000	5.000	-	-	-	-
Gross Margin	24.30%	25.66%	17.81%	13.93%	7.19%	-8.01%
Operating Margin	14.88%	17.22%	9.94%	-	-15.31%	-29.55%
Profit Margin	7.42%	9.65%	5.07%	3.62%	-2.93%	-26.38%
Free Cash Flow Margin	17.19%	23.74%	19.56%	-85.71%	-6.39%	-22.20%
EBITDA	645	647	494	209	62	-5
EBITDA Margin	28.65%	32.68%	26.11%	14.85%	8.26%	-0.83%
D&A For EBITDA	310	306	306	209	177	172
EBIT	335	341	188	-	-115	-177
EBIT Margin	14.88%	17.22%	9.94%	-	-15.31%	-29.55%
Effective Tax Rate	47.32%	43.66%	47.54%	68.52%	195.65%	-

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