Systems Design Co., Ltd. (TYO:3766)

Systems Design Income Statement

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue	9,993	9,609	9,458	9,410	8,339
Revenue Growth (YoY)	4.00%	1.60%	0.51%	12.84%	4.67%
Cost of Revenue	7,738	7,461	7,370	7,332	6,578
Gross Profit	2,255	2,148	2,088	2,078	1,761
Selling, General & Admin	1,659	1,693	1,564	1,489	1,426
Operating Expenses	1,684	1,693	1,564	1,489	1,426
Operating Income	571	455	524	589	335
Interest & Investment Income	12	10	2	2	2
Other Non Operating Income (Expenses)	16	12	35	13	16
EBT Excluding Unusual Items	599	477	561	604	353
Gain (Loss) on Sale of Investments	5	-15	-	-	-
Gain (Loss) on Sale of Assets	-	3	-	-8	-
Asset Writedown	-	-4	-1	-	-1
Other Unusual Items	-	-8	-29	-1	-
Pretax Income	604	453	531	595	352
Income Tax Expense	211	156	190	215	113
Net Income	393	297	341	380	239
Net Income to Common	393	297	341	380	239
Net Income Growth	32.32%	-12.90%	-10.26%	59.00%	43.11%
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
Shares Change (YoY)	0.07%	0.18%	0.09%	0.03%	0.06%
EPS (Basic)	114.96	86.94	100.00	111.54	70.17
EPS (Diluted)	114.96	86.94	100.00	111.54	70.17
EPS Growth	32.23%	-13.06%	-10.34%	58.95%	43.03%
Free Cash Flow	728	-6	854	550	191
Free Cash Flow Per Share	212.96	-1.76	250.44	161.43	56.08
Dividend Per Share	-	45.000	40.000	24.000	15.000
Dividend Growth	-	12.50%	66.67%	60.00%	15.38%
Gross Margin	22.57%	22.35%	22.08%	22.08%	21.12%
Operating Margin	5.71%	4.74%	5.54%	6.26%	4.02%
Profit Margin	3.93%	3.09%	3.60%	4.04%	2.87%
Free Cash Flow Margin	7.29%	-0.06%	9.03%	5.85%	2.29%
EBITDA	653	562	634	700	444
EBITDA Margin	6.54%	5.85%	6.70%	7.44%	5.32%
D&A For EBITDA	82	107	110	111	109
EBIT	571	455	524	589	335
EBIT Margin	5.71%	4.74%	5.54%	6.26%	4.02%
Effective Tax Rate	34.93%	34.44%	35.78%	36.13%	32.10%

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