World Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	288,706	284,014	225,658	221,280	214,246	171,344
Revenue Growth	21.68%	25.86%	1.98%	3.28%	25.04%	-4.98%
Cost of Revenue	145,688	144,340	92,370	92,702	90,310	72,697
Gross Profit	143,018	139,674	133,288	128,578	123,936	98,647
Selling, General & Admin	125,784	104,390	98,514	93,611	93,346	77,948
Other Operating Expenses	-1,798	-693	2,713	510.67	442	295
Operating Expenses	123,986	122,574	118,988	115,148	110,838	93,553
Operating Income	19,032	17,100	14,300	13,430	13,098	5,094
Interest Expense	-1,999	-1,688	-979	-688	-835	-710
Interest & Investment Income	78	54	99	98	32	21
Earnings From Equity Investments	-3,093	-2,790	-301	-288.33	62	231
Currency Exchange Gain (Loss)	472	472	124	595.33	181	205
Other Non Operating Income (Expenses)	-	-210	-412	-329	-526	568
EBT Excluding Unusual Items	14,490	12,938	12,831	12,818	12,012	5,409
Impairment of Goodwill	-	145	4,905	-	-	-
Gain (Loss) on Sale of Investments	-1	1,842	36	320.67	962	-1,335
Gain (Loss) on Sale of Assets	-1,988	-574	-347	-787.67	-638	-779
Asset Writedown	-166	-148	-1,920	-1,430	-2,022	-1,886
Pretax Income	14,322	14,203	15,505	10,921	10,314	1,409
Income Tax Expense	1,503	2,270	3,257	3,824	3,940	1,245
Earnings From Continuing Operations	12,819	11,933	12,248	7,097	6,374	164
Net Income to Company	-	11,933	12,248	7,097	6,374	164
Minority Interest in Earnings	272	80	-1,143	-605	-688	75
Net Income	13,091	12,013	11,105	6,492	5,686	239
Preferred Dividends & Other Adjustments	-	-	235	432	502	502
Net Income to Common	13,091	12,013	10,870	6,060	5,184	-263
Net Income Growth	17.12%	10.51%	79.37%	16.90%	-	-
Shares Outstanding (Basic)	72	70	68	68	68	68
Shares Outstanding (Diluted)	72	70	68	68	68	68
Shares Change	5.83%	2.91%	0.14%	0.22%	0.51%	0.62%
EPS (Basic)	181.55	171.36	159.58	89.09	76.38	-3.89
EPS (Diluted)	181.54	171.36	159.58	89.09	76.38	-3.90
EPS Growth	10.67%	7.38%	79.11%	16.64%	-	-

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Free Cash Flow	31,278	26,529	29,497	28,794	24,780	15,880
Free Cash Flow Per Share	433.76	378.43	433.03	423.32	365.10	235.16
Dividend Per Share	54.500	54.500	40.000	31.333	24.000	13.500
Dividend Growth	36.25%	36.25%	27.66%	30.56%	77.78%	-
Gross Margin	49.54%	49.18%	59.07%	58.11%	57.85%	57.57%
Operating Margin	6.59%	6.02%	6.34%	6.07%	6.11%	2.97%
Profit Margin	4.53%	4.23%	4.82%	2.74%	2.42%	-0.15%
Free Cash Flow Margin	10.83%	9.34%	13.07%	13.01%	11.57%	9.27%
EBITDA	38,431	36,044	32,403	30,466	30,453	20,857
EBITDA Margin	13.31%	12.69%	14.36%	13.77%	14.21%	12.17%
D&A For EBITDA	19,399	18,944	18,103	17,036	17,355	15,763
EBIT	19,032	17,100	14,300	13,430	13,098	5,094
EBIT Margin	6.59%	6.02%	6.34%	6.07%	6.11%	2.97%
Effective Tax Rate	10.49%	15.98%	21.01%	35.02%	38.20%	88.36%
Advertising Expenses	-	6,207	6,527	-	6,187	4,258