United & Collective Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Revenue	6,545	6,492	6,168	5,349	2,723	3,351
Revenue Growth (YoY)	3.25%	5.25%	15.31%	96.44%	-18.74%	-58.13%
Cost of Revenue	1,664	1,631	1,494	1,398	760	856
Gross Profit	4,881	4,861	4,674	3,951	1,963	2,495
Selling, General & Admin	4,571	4,506	4,380	4,746	3,566	3,652
Other Operating Expenses	44	44	32	30	7	11
Operating Expenses	4,810	4,745	4,621	5,044	3,817	3,924
Operating Income	71	116	53	-1,093	-1,854	-1,429
Interest Expense	-26	-26	-22	-33	-34	-31
Other Non Operating Income (Expenses)	-9	-4	9	233	1,733	162
EBT Excluding Unusual Items	37	86	40	-893	-155	-1,298
Gain (Loss) on Sale of Assets	-	1	8	1	-	-
Asset Writedown	-37	-	-130	-486	-138	-222
Other Unusual Items	-23	-21	-36	110	-88	-59
Pretax Income	-23	66	-118	-1,268	-381	-1,579
Income Tax Expense	42	7	-27	19	75	45
Net Income	-65	59	-91	-1,287	-456	-1,624
Net Income to Common	-65	59	-91	-1,287	-456	-1,624
Shares Outstanding (Basic)	5	4	4	3	3	3
Shares Outstanding (Diluted)	5	7	4	3	3	3
Shares Change (YoY)	14.06%	81.98%	8.02%	3.49%	8.47%	-
EPS (Basic)	-13.96	13.99	-24.92	-380.77	-139.62	-539.36
EPS (Diluted)	-13.96	8.88	-24.92	-380.77	-139.62	-539.36
Free Cash Flow	-	-115	79	-297	-848	-1,250
Free Cash Flow Per Share	-	-17.31	21.64	-87.87	-259.64	-415.14
Gross Margin	74.58%	74.88%	75.78%	73.86%	72.09%	74.45%
Operating Margin	1.08%	1.79%	0.86%	-20.43%	-68.09%	-42.64%
Profit Margin	-0.99%	0.91%	-1.47%	-24.06%	-16.75%	-48.46%
Free Cash Flow Margin	-	-1.77%	1.28%	-5.55%	-31.14%	-37.30%
EBITDA	271.25	326	276	-825	-1,610	-1,154
EBITDA Margin	4.14%	5.02%	4.47%	-15.42%	-59.13%	-34.44%
D&A For EBITDA	200.25	210	223	268	244	275
EBIT	71	116	53	-1,093	-1,854	-1,429
EBIT Margin	1.08%	1.79%	0.86%	-20.43%	-68.09%	-42.64%
Effective Tax Rate	-	10.61%	-	-	-	-

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