TYO:3777 Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	6,454	17,237	16,999	754	263	354	Upgrade
Revenue Growth (YoY)	-62.83%	1.40%	2154.51%	186.69%	-25.71%	-47.16%	Upgrade
Cost of Revenue	6,012	16,710	15,945	569	201	282	Upgrade
Gross Profit	442	527	1,054	185	62	72	Upgrade
Selling, General & Admin	482	570	834	292	215	341	Upgrade
Operating Expenses	492	580	848	294	165	311	Upgrade
Operating Income	-50	-53	206	-109	-103	-239	Upgrade
Interest & Investment Income	11	-	-	-	-	-	Upgrade
Currency Exchange Gain (Loss)	-2	-2	-21	-	-	-	Upgrade
Other Non Operating Income (Expenses)	-2	-15	-16	-8	-5	-6	Upgrade
EBT Excluding Unusual Items	-43	-70	169	-117	-108	-245	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	322	-	Upgrade
Gain (Loss) on Sale of Assets	-1	-	-	-	-	-	Upgrade
Asset Writedown	-80	-80	-	-49	-	-2,993	Upgrade
Other Unusual Items	-72	-	-	-4	46	2	Upgrade
Pretax Income	-196	-150	169	-170	260	-3,236	Upgrade
Income Tax Expense	4	4	16	1	-	2	Upgrade
Earnings From Continuing Operations	-200	-154	153	-171	260	-3,238	Upgrade
Minority Interest in Earnings	-	-	-	-	-	1,477	Upgrade
Net Income	-200	-154	153	-171	260	-1,761	Upgrade
Net Income to Common	-200	-154	153	-171	260	-1,761	Upgrade
Shares Outstanding (Basic)	294	285	275	223	183	139	Upgrade
Shares Outstanding (Diluted)	294	285	276	223	188	139	Upgrade
Shares Change (YoY)	3.59%	3.42%	23.75%	18.26%	35.96%	1.58%	Upgrade
EPS (Basic)	-0.68	-0.54	0.56	-0.77	1.42	-12.71	Upgrade
EPS (Diluted)	-0.68	-0.54	0.55	-0.77	1.38	-12.71	Upgrade
Free Cash Flow	-	-121	-72	-276	-566	-144	Upgrade
Free Cash Flow Per Share	-	-0.42	-0.26	-1.24	-3.00	-1.04	Upgrade
Gross Margin	6.85%	3.06%	6.20%	24.54%	23.57%	20.34%	Upgrade
Operating Margin	-0.78%	-0.31%	1.21%	-14.46%	-39.16%	-67.51%	Upgrade
Profit Margin	-3.10%	-0.89%	0.90%	-22.68%	98.86%	-497.46%	Upgrade
Free Cash Flow Margin	-	-0.70%	-0.42%	-36.60%	-215.21%	-40.68%	Upgrade
EBITDA	-7.5	-18	231	-91	-	-109	Upgrade
EBITDA Margin	-0.12%	-0.10%	1.36%	-12.07%	-	-30.79%	Upgrade
D&A For EBITDA	42.5	35	25	18	-	130	Upgrade
EBIT	-50	-53	206	-109	-103	-239	Upgrade
EBIT Margin	-0.78%	-0.31%	1.21%	-14.46%	-39.16%	-67.51%	Upgrade
Effective Tax Rate	-	-	9.47%	-	-	-	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.