Thermae-Yu Holdings Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	2,694	1,980	1,892	1,407	751
Revenue Growth (YoY)	36.06%	4.65%	34.47%	87.35%	25.38%
Cost of Revenue	2,105	1,472	1,555	1,211	697
Gross Profit	589	508	337	196	54
Selling, General & Admin	282	164	143	179	134
Other Operating Expenses	-	5	6	17	35
Operating Expenses	282	167	149	196	169
Operating Income	307	341	188	-	-115
Interest Expense	-6	-7	-9	-10	-11
Interest & Investment Income	2	-	-	-	-
Other Non Operating Income (Expenses)	3	5	4	2	-6
EBT Excluding Unusual Items	306	339	183	-8	-132
Gain (Loss) on Sale of Investments	-	-	-	167	-
Asset Writedown	-4	-	-	-3	-7
Other Unusual Items	-18	-	-	6	162
Pretax Income	284	339	183	162	23
Income Tax Expense	124	148	87	111	45
Net Income	160	191	96	51	-22
Net Income to Common	160	191	96	51	-22
Net Income Growth	-16.23%	98.96%	88.23%	-	-
Shares Outstanding (Basic)	26	26	26	26	22
Shares Outstanding (Diluted)	27	27	26	26	22
Shares Change (YoY)	1.80%	0.20%	-0.01%	21.43%	2.03%
EPS (Basic)	6.05	7.22	3.63	1.93	-1.01
EPS (Diluted)	6.00	7.22	3.63	1.93	-1.01
EPS Growth	-16.90%	98.98%	88.25%	-	-
Free Cash Flow	355	470	370	-1,206	-48
Free Cash Flow Per Share	13.15	17.73	13.98	-45.58	-2.20
Dividend Per Share	5.000	5.000	-	-	-
Gross Margin	21.86%	25.66%	17.81%	13.93%	7.19%
Operating Margin	11.40%	17.22%	9.94%	-	-15.31%
Profit Margin	5.94%	9.65%	5.07%	3.62%	-2.93%
Free Cash Flow Margin	13.18%	23.74%	19.56%	-85.71%	-6.39%
EBITDA	629	647	494	209	62
EBITDA Margin	23.35%	32.68%	26.11%	14.85%	8.26%
D&A For EBITDA	322	306	306	209	177
EBIT	307	341	188	-	-115
EBIT Margin	11.40%	17.22%	9.94%	-	-15.31%
Effective Tax Rate	43.66%	43.66%	47.54%	68.52%	195.65%