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	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	2,476	1,980	1,892	1,407	751	599
Revenue Growth (YoY)	23.90%	4.65%	34.47%	87.35%	25.38%	-64.45%
Cost of Revenue	1,903	1,472	1,555	1,211	697	647
Gross Profit	573.41	508	337	196	54	-48
Selling, General & Admin	242.82	164	143	179	134	118
Other Operating Expenses	5	5	6	17	35	5
Operating Expenses	245.82	167	149	196	169	129
Operating Income	327.59	341	188	-	-115	-177
Interest Expense	-5.85	-7	-9	-10	-11	-12
Interest & Investment Income	1.26	-	-	-	-	-
Other Non Operating Income (Expenses)	4.98	5	4	2	-6	3
EBT Excluding Unusual Items	327.98	339	183	-8	-132	-186
Gain (Loss) on Sale of Investments	-	-	-	167	-	-
Asset Writedown	-4.42	-	-	-3	-7	-
Other Unusual Items	-17.72	-	-	6	162	-16
Pretax Income	305.79	339	183	162	23	-202
Income Tax Expense	143.04	148	87	111	45	-44
Earnings From Continuing Operations	162.75	191	96	51	-22	-158
Net Income	162.75	191	96	51	-22	-158
Net Income to Common	162.75	191	96	51	-22	-158
Net Income Growth	-23.37%	98.96%	88.23%	-	-	-
Shares Outstanding (Basic)	26	26	26	26	22	21
Shares Outstanding (Diluted)	26	27	26	26	22	21
Shares Change (YoY)	-0.01%	0.20%	-0.01%	21.43%	2.03%	-
EPS (Basic)	6.15	7.22	3.63	1.93	-1.01	-7.40
EPS (Diluted)	6.11	7.22	3.63	1.93	-1.01	-7.40
EPS Growth	-23.89%	98.98%	88.25%	-	-	-
Free Cash Flow	-	470	370	-1,206	-48	-133
Free Cash Flow Per Share	-	17.73	13.98	-45.58	-2.20	-6.23
Dividend Per Share	5.000	5.000	-	-	-	-
Gross Margin	-	25.66%	17.81%	13.93%	7.19%	-8.01%
Operating Margin	13.23%	17.22%	9.94%	-	-15.31%	-29.55%
Profit Margin	6.57%	9.65%	5.07%	3.62%	-2.93%	-26.38%
Free Cash Flow Margin	-	23.74%	19.56%	-85.71%	-6.39%	-22.20%
EBITDA	633.59	647	494	209	62	-5
EBITDA Margin	-	32.68%	26.11%	14.85%	8.26%	-0.83%
D&A For EBITDA	306	306	306	209	177	172
EBIT	327.59	341	188	-	-115	-177
EBIT Margin	-	17.22%	9.94%	-	-15.31%	-29.55%
Effective Tax Rate	-	43.66%	47.54%	68.52%	195.65%	-

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