ADR120S 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 2021
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 '21 Mar 31, 2021
Revenue	40	122	1,560	2,144	1,335	1,388
Revenue Growth (YoY)	-84.85%	-92.18%	-27.24%	60.60%	-3.82%	17.63%
Cost of Revenue	40	129	268	876	476	628
Gross Profit	-	-7	1,292	1,268	859	760
Selling, General & Admin	474	549	1,506	1,783	1,085	1,268
Research & Development	202	202	351	-	-	-
Operating Expenses	725	800	2,065	2,063	1,321	1,491
Operating Income	-725	-807	-773	-795	-462	-731
Interest Expense	-40	-82	-153	-129	-93	-84
Interest & Investment Income	-	3	-487	11	19	13
Other Non Operating Income (Expenses)	4	25	19	63	137	71
EBT Excluding Unusual Items	-761	-861	-1,394	-850	-399	-731
Gain (Loss) on Sale of Investments	-68	-67	-	-107	299	-
Gain (Loss) on Sale of Assets	-	-51	688	-	-	-
Asset Writedown	-1,091	-1,173	-336	-205	-	-
Legal Settlements	-	-	-	-	-3	-
Other Unusual Items	215	-	30	-3	37	77
Pretax Income	-1,705	-2,152	-1,012	-1,165	-66	-654
Income Tax Expense	-	-12	-1,150	-106	11	121
Earnings From Continuing Operations	-1,705	-2,140	138	-1,059	-77	-775
Minority Interest in Earnings	-	-	-	-	-	-56
Net Income	-1,705	-2,140	138	-1,059	-77	-831
Net Income to Common	-1,705	-2,140	138	-1,059	-77	-831
Shares Outstanding (Basic)	9	9	9	9	9	8
Shares Outstanding (Diluted)	9	9	9	9	9	8
Shares Change (YoY)	-0.00%	-0.34%	0.34%	1.12%	7.89%	21.93%
EPS (Basic)	-190.97	-239.69	15.46	-118.61	-8.72	-101.53
EPS (Diluted)	-190.97	-239.69	15.42	-118.61	-8.72	-101.53
Free Cash Flow	-	-995	-1,169	-197	-367	-97
Free Cash Flow Per Share	-	-111.44	-130.49	-22.06	-41.56	-11.85
Gross Margin	-	-5.74%	82.82%	59.14%	64.34%	54.75%
Operating Margin	-1812.50%	-661.48%	-49.55%	-37.08%	-34.61%	-52.67%
Profit Margin	-4262.50%	-1754.10%	8.85%	-49.39%	-5.77%	-59.87%
Free Cash Flow Margin	-	-815.57%	-74.94%	-9.19%	-27.49%	-6.99%
EBITDA	-829	-758	-520	-465	-142	-425
EBITDA Margin	-	-	-33.33%	-21.69%	-10.64%	-30.62%
D&A For EBITDA	-104	49	253	330	320	306
EBIT	-725	-807	-773	-795	-462	-731
EBIT Margin	-	-	-49.55%	-37.08%	-34.61%	-52.67%

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