Kyowa Leather Cloth Co., Ltd. (TYO:3553)

Kyowa Leather Cloth Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	55,891	56,397	52,037	45,792	47,074	41,182
Revenue Growth (YoY)	3.31%	8.38%	13.64%	-2.72%	14.31%	-4.06%
Cost of Revenue	46,466	46,325	42,102	38,513	38,509	33,644
Gross Profit	9,425	10,072	9,935	7,279	8,565	7,538
Selling, General & Admin	6,788	6,641	6,147	6,010	5,662	4,935
Research & Development	1,017	1,017	1,003	839	827	766
Amortization of Goodwill & Intangibles	-	-	-	-	42	50
Operating Expenses	8,079	7,932	7,367	7,040	6,746	5,965
Operating Income	1,346	2,140	2,568	239	1,819	1,573
Interest Expense	-12	-14	-18	-24	-32	-36
Interest & Investment Income	126	93	71	57	51	50
Earnings From Equity Investments	-383	-386	-	40	144	214
Currency Exchange Gain (Loss)	34	-51	106	270	295	100
Other Non Operating Income (Expenses)	-75	-46	77	32	75	12
EBT Excluding Unusual Items	1,036	1,736	2,804	614	2,352	1,913
Gain (Loss) on Sale of Investments	73	-	-	-	-	-
Gain (Loss) on Sale of Assets	-53	-59	-101	-25	-69	-6
Asset Writedown	-18	-	-	-	-	-
Other Unusual Items	-	-	-	-21	-3	-14
Pretax Income	1,038	1,677	2,703	568	2,280	1,893
Income Tax Expense	393	458	591	119	558	668
Earnings From Continuing Operations	645	1,219	2,112	449	1,722	1,225
Minority Interest in Earnings	-103	-119	-154	-102	-38	217
Net Income	542	1,100	1,958	347	1,684	1,442
Net Income to Common	542	1,100	1,958	347	1,684	1,442
Net Income Growth	-70.58%	-43.82%	464.26%	-79.39%	16.78%	12.92%
Shares Outstanding (Basic)	24	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24	24
Shares Change (YoY)	-0.75%	-0.92%	-	-1.50%	-0.14%	-
EPS (Basic)	22.74	46.07	81.25	14.40	68.84	58.86
EPS (Diluted)	22.74	46.07	81.25	14.40	68.84	58.86
EPS Growth	-70.35%	-43.30%	464.26%	-79.08%	16.95%	12.92%
Free Cash Flow	-2,372	-2,441	4,522	248	476	1,116
Free Cash Flow Per Share	-99.54	-102.24	187.65	10.29	19.46	45.55
Dividend Per Share	42.000	32.000	32.000	20.000	28.000	26.000
Dividend Growth	-12.50%	-	60.00%	-28.57%	7.69%	-18.75%
Gross Margin	16.86%	17.86%	19.09%	15.90%	18.20%	18.30%
Operating Margin	2.41%	3.79%	4.93%	0.52%	3.86%	3.82%
Profit Margin	0.97%	1.95%	3.76%	0.76%	3.58%	3.50%
Free Cash Flow Margin	-4.24%	-4.33%	8.69%	0.54%	1.01%	2.71%
EBITDA	3,918	4,671	5,169	2,789	4,331	3,832
EBITDA Margin	7.01%	8.28%	9.93%	6.09%	9.20%	9.30%
D&A For EBITDA	2,572	2,531	2,601	2,550	2,512	2,259
EBIT	1,346	2,140	2,568	239	1,819	1,573
EBIT Margin	2.41%	3.79%	4.93%	0.52%	3.86%	3.82%
Effective Tax Rate	37.86%	27.31%	21.87%	20.95%	24.47%	35.29%

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