Ecomic Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	2,345	2,121	2,156	2,216	1,755
Revenue Growth (YoY)	10.56%	-1.62%	-2.71%	26.27%	11.36%
Cost of Revenue	1,583	1,532	1,505	1,502	1,214
Gross Profit	762	589	651	714	541
Selling, General & Admin	589	542	478	510	356
Operating Expenses	589	542	478	510	356
Operating Income	173	47	173	204	185
Interest Expense	-	-1	-1	-1	-
Interest & Investment Income	2	3	2	-	-
Currency Exchange Gain (Loss)	-9	-1	-8	3	-2
Other Non Operating Income (Expenses)	-7	14	10	13	4
EBT Excluding Unusual Items	159	62	176	219	187
Gain (Loss) on Sale of Investments	-	10	-	-	-
Asset Writedown	-	-	7	-	-
Pretax Income	159	72	183	219	187
Income Tax Expense	50	29	56	49	74
Net Income	109	43	127	170	113
Net Income to Common	109	43	127	170	113
Net Income Growth	153.49%	-66.14%	-25.29%	50.44%	11.88%
Shares Outstanding (Basic)	4	5	4	4	4
Shares Outstanding (Diluted)	4	5	4	4	4
Shares Change (YoY)	-4.13%	21.31%	1.57%	0.52%	1.51%
EPS (Basic)	24.23	9.16	32.83	44.63	29.82
EPS (Diluted)	24.23	9.16	32.83	44.63	29.82
EPS Growth	164.41%	-72.09%	-26.45%	49.67%	9.99%
Free Cash Flow	351	102	179	240	221
Free Cash Flow Per Share	78.01	21.73	46.27	63.01	58.32
Dividend Per Share	13.000	13.000	12.000	8.000	6.000
Dividend Growth	-	8.33%	50.00%	33.33%	20.00%
Gross Margin	32.50%	27.77%	30.20%	32.22%	30.83%
Operating Margin	7.38%	2.22%	8.02%	9.21%	10.54%
Profit Margin	4.65%	2.03%	5.89%	7.67%	6.44%
Free Cash Flow Margin	14.97%	4.81%	8.30%	10.83%	12.59%
EBITDA	296	167	294	321	271
EBITDA Margin	12.62%	7.87%	13.64%	14.49%	15.44%
D&A For EBITDA	123	120	121	117	86
EBIT	173	47	173	204	185
EBIT Margin	7.38%	2.22%	8.02%	9.21%	10.54%
Effective Tax Rate	31.45%	40.28%	30.60%	22.37%	39.57%