United & Collective Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Revenue	6,460	6,492	6,168	5,349	2,723
Revenue Growth (YoY)	-0.49%	5.25%	15.31%	96.44%	-18.74%
Cost of Revenue	1,670	1,631	1,494	1,398	760
Gross Profit	4,790	4,861	4,674	3,951	1,963
Selling, General & Admin	4,806	4,506	4,380	4,746	3,566
Other Operating Expenses	-	44	32	30	7
Operating Expenses	4,806	4,745	4,621	5,044	3,817
Operating Income	-16	116	53	-1,093	-1,854
Interest Expense	-29	-26	-22	-33	-34
Interest & Investment Income	3	-	-	-	-
Other Non Operating Income (Expenses)	-7	-4	9	233	1,733
EBT Excluding Unusual Items	-49	86	40	-893	-155
Gain (Loss) on Sale of Assets	-236	1	8	1	-
Asset Writedown	-4	-	-130	-486	-138
Other Unusual Items	120	-21	-36	110	-88
Pretax Income	-169	66	-118	-1,268	-381
Income Tax Expense	58	7	-27	19	75
Net Income	-227	59	-91	-1,287	-456
Net Income to Common	-227	59	-91	-1,287	-456
Shares Outstanding (Basic)	5	4	4	3	3
Shares Outstanding (Diluted)	5	7	4	3	3
Shares Change (YoY)	-27.99%	81.98%	8.02%	3.49%	8.47%
EPS (Basic)	-47.44	13.99	-24.92	-380.77	-139.62
EPS (Diluted)	-47.44	8.88	-24.92	-380.77	-139.62
Free Cash Flow	-	-115	79	-297	-848
Free Cash Flow Per Share	-	-17.31	21.64	-87.87	-259.64
Gross Margin	74.15%	74.88%	75.78%	73.86%	72.09%
Operating Margin	-0.25%	1.79%	0.86%	-20.43%	-68.09%
Profit Margin	-3.51%	0.91%	-1.47%	-24.06%	-16.75%
Free Cash Flow Margin	-	-1.77%	1.28%	-5.55%	-31.14%
EBITDA	194	326	276	-825	-1,610
EBITDA Margin	3.00%	5.02%	4.47%	-15.42%	-59.13%
D&A For EBITDA	210	210	223	268	244
EBIT	-16	116	53	-1,093	-1,854
EBIT Margin	-0.25%	1.79%	0.86%	-20.43%	-68.09%
Effective Tax Rate	-	10.61%	-	-	-

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