FFRI Security Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '20 Mar 31, 2020
Revenue	4,086	3,039	2,446	1,952	1,779	1,602
Revenue Growth (YoY)	55.48%	24.24%	25.31%	9.72%	11.05%	-2.97%
Cost of Revenue	1,298	1,010	905	785	553	318
Gross Profit	2,788	2,029	1,541	1,167	1,226	1,284
Selling, General & Admin	1,083	1,034	842	840	974	842
Research & Development	165	165	189	111	138	100
Amortization of Goodwill & Intangibles	13	13	13	13	10	-
Operating Expenses	1,261	1,212	1,044	964	1,122	942
Operating Income	1,527	817	497	203	104	342
Interest & Investment Income	3	1	-	-	-	-
Earnings From Equity Investments	52	43	34	38	51	1
Other Non Operating Income (Expenses)	16	19	9	6	-	-3
EBT Excluding Unusual Items	1,598	880	540	247	155	340
Asset Writedown	-	-	-	-	-	-10
Pretax Income	1,598	880	540	247	155	330
Income Tax Expense	358	193	108	60	35	56
Net Income	1,240	687	432	187	120	274
Net Income to Common	1,240	687	432	187	120	274
Net Income Growth	187.70%	59.03%	131.02%	55.83%	-56.20%	34.98%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	-0.00%	-0.00%	-0.31%	-1.91%	-1.23%	0.05%
EPS (Basic)	156.77	86.86	54.62	23.57	14.83	33.46
EPS (Diluted)	156.77	86.86	54.62	23.57	14.83	33.46
EPS Growth	187.71%	59.03%	131.74%	58.87%	-55.66%	34.91%
Free Cash Flow	-	617	371	291	-35	186
Free Cash Flow Per Share	-	78.01	46.90	36.67	-4.33	22.71
Dividend Per Share	14.000	14.000	10.000	-	-	-
Dividend Growth	40.00%	40.00%	-	-	-	-
Gross Margin	68.23%	66.77%	63.00%	59.78%	68.92%	80.15%
Operating Margin	37.37%	26.88%	20.32%	10.40%	5.85%	21.35%
Profit Margin	30.35%	22.61%	17.66%	9.58%	6.74%	17.10%
Free Cash Flow Margin	-	20.30%	15.17%	14.91%	-1.97%	11.61%
EBITDA	1,572	860	538	256	156	401
EBITDA Margin	38.46%	28.30%	22.00%	13.11%	8.77%	25.03%
D&A For EBITDA	44.5	43	41	53	52	59
EBIT	1,527	817	497	203	104	342
EBIT Margin	37.37%	26.88%	20.32%	10.40%	5.85%	21.35%
Effective Tax Rate	22.40%	21.93%	20.00%	24.29%	22.58%	16.97%
Advertising Expenses	-	254	140	159	-	-

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