TYO:3777 Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,229	1,371	17,237	16,999	754	263
Revenue Growth (YoY)	-90.44%	-92.05%	1.40%	2154.51%	186.69%	-25.71%
Cost of Revenue	386	587	16,710	15,945	569	201
Gross Profit	843	784	527	1,054	185	62
Selling, General & Admin	607	526	570	834	292	215
Operating Expenses	767	673	580	848	294	165
Operating Income	76	111	-53	206	-109	-103
Interest Expense	-54	-38	-	-	-	-
Interest & Investment Income	24	26	-	-	-	-
Currency Exchange Gain (Loss)	6	-1	-2	-21	-	-
Other Non Operating Income (Expenses)	14	11	-15	-16	-8	-5
EBT Excluding Unusual Items	66	109	-70	169	-117	-108
Gain (Loss) on Sale of Investments	35	-	-	-	-	322
Asset Writedown	-	-	-80	-	-49	-
Other Unusual Items	-72	-72	-	-	-4	46
Pretax Income	29	37	-150	169	-170	260
Income Tax Expense	51	40	4	16	1	-
Earnings From Continuing Operations	-22	-3	-154	153	-171	260
Net Income	-22	-3	-154	153	-171	260
Net Income to Common	-22	-3	-154	153	-171	260
Shares Outstanding (Basic)	303	297	285	275	223	183
Shares Outstanding (Diluted)	303	297	285	276	223	188
Shares Change (YoY)	6.18%	4.26%	3.42%	23.75%	18.26%	35.96%
EPS (Basic)	-0.07	-0.01	-0.54	0.56	-0.77	1.42
EPS (Diluted)	-0.07	-0.01	-0.54	0.55	-0.77	1.38
Free Cash Flow	-	304	-121	-72	-276	-566
Free Cash Flow Per Share	-	1.02	-0.42	-0.26	-1.24	-3.00
Gross Margin	68.59%	57.18%	3.06%	6.20%	24.54%	23.57%
Operating Margin	6.18%	8.10%	-0.31%	1.21%	-14.46%	-39.16%
Profit Margin	-1.79%	-0.22%	-0.89%	0.90%	-22.68%	98.86%
Free Cash Flow Margin	-	22.17%	-0.70%	-0.42%	-36.60%	-215.21%
EBITDA	269.75	273	-18	231	-91	-
EBITDA Margin	21.95%	19.91%	-0.10%	1.36%	-12.07%	-
D&A For EBITDA	193.75	162	35	25	18	-
EBIT	76	111	-53	206	-109	-103
EBIT Margin	6.18%	8.10%	-0.31%	1.21%	-14.46%	-39.16%
Effective Tax Rate	175.86%	108.11%	-	9.47%	-	-

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