Systems Design 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	9,988	9,609	9,458	9,410	8,339	7,967
Revenue Growth (YoY)	5.90%	1.60%	0.51%	12.84%	4.67%	-4.59%
Cost of Revenue	7,760	7,461	7,370	7,332	6,578	6,336
Gross Profit	2,228	2,148	2,088	2,078	1,761	1,631
Selling, General & Admin	1,665	1,693	1,564	1,489	1,426	1,419
Operating Expenses	1,665	1,693	1,564	1,489	1,426	1,419
Operating Income	563	455	524	589	335	212
Interest & Investment Income	11	10	2	2	2	2
Other Non Operating Income (Expenses)	12	12	35	13	16	26
EBT Excluding Unusual Items	586	477	561	604	353	240
Gain (Loss) on Sale of Investments	-15	-15	-	-	-	-
Gain (Loss) on Sale of Assets	-	3	-	-8	-	-
Asset Writedown	-1	-4	-1	-	-1	-
Other Unusual Items	-	-8	-29	-1	-	-1
Pretax Income	570	453	531	595	352	239
Income Tax Expense	183	156	190	215	113	72
Earnings From Continuing Operations	387	297	341	380	239	167
Net Income	387	297	341	380	239	167
Net Income to Common	387	297	341	380	239	167
Net Income Growth	56.68%	-12.90%	-10.26%	59.00%	43.11%	-
Shares Outstanding (Basic)	3	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3	3
Shares Change (YoY)	0.11%	0.18%	0.09%	0.03%	0.06%	-1.85%
EPS (Basic)	113.22	86.94	100.00	111.54	70.17	49.06
EPS (Diluted)	113.22	86.94	100.00	111.54	70.17	49.06
EPS Growth	56.51%	-13.06%	-10.34%	58.95%	43.03%	-
Free Cash Flow	-	-6	854	550	191	449
Free Cash Flow Per Share	-	-1.76	250.44	161.43	56.08	131.90
Dividend Per Share	45.000	45.000	40.000	24.000	15.000	13.000
Dividend Growth	12.50%	12.50%	66.67%	60.00%	15.38%	-
Gross Margin	22.31%	22.35%	22.08%	22.08%	21.12%	20.47%
Operating Margin	5.64%	4.74%	5.54%	6.26%	4.02%	2.66%
Profit Margin	3.88%	3.09%	3.60%	4.04%	2.87%	2.10%
Free Cash Flow Margin	-	-0.06%	9.03%	5.85%	2.29%	5.64%
EBITDA	667.75	562	634	700	444	321
EBITDA Margin	6.69%	5.85%	6.70%	7.44%	5.32%	4.03%
D&A For EBITDA	104.75	107	110	111	109	109
EBIT	563	455	524	589	335	212
EBIT Margin	5.64%	4.74%	5.54%	6.26%	4.02%	2.66%
Effective Tax Rate	32.10%	34.44%	35.78%	36.13%	32.10%	30.13%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.