System Integrator Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2010	FY 2009	FY 2008
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '10 Feb 28, 2010	Feb '09 Feb 28, 2009	Feb '08 Feb 29, 2008
Revenue	5,558	4,768	1,704	2,005	2,034
Revenue Growth (YoY)	16.57%	179.78%	-15.02%	-1.43%	43.56%
Cost of Revenue	3,635	3,220	1,144	1,434	1,372
Gross Profit	1,923	1,548	559.99	571.73	662.37
Selling, General & Admin	1,220	1,150	532.4	438.52	399.44
Research & Development	70	98	49.6	118.88	27.78
Other Operating Expenses	18	9	-	-	-10.08
Operating Expenses	1,327	1,277	585.69	560.55	420.11
Operating Income	596	271	-25.71	11.18	242.26
Interest & Investment Income	5	2	1.75	0.92	0.46
Earnings From Equity Investments	-30	31	-	-	-
Currency Exchange Gain (Loss)	-6	-4	-	-	-
Other Non Operating Income (Expenses)	4	1	-4.11	1.01	0.4
EBT Excluding Unusual Items	569	301	-28.07	13.11	243.12
Gain (Loss) on Sale of Investments	79	547	-0.97	-	-7.5
Gain (Loss) on Sale of Assets	-	2	-	-	-
Asset Writedown	-	-17	-	-0.02	-6.67
Other Unusual Items	-	1	-	-	-
Pretax Income	648	834	-29.04	13.09	228.95
Income Tax Expense	190	250	-9.19	12.78	93.45
Earnings From Continuing Operations	458	584	-19.85	0.31	135.5
Minority Interest in Earnings	-	-1	-	-	-
Net Income	458	583	-19.85	0.31	135.5
Net Income to Common	458	583	-19.85	0.31	135.5
Net Income Growth	-21.44%	-	-	-99.77%	25.34%
Shares Outstanding (Basic)	11	11	11	11	10
Shares Outstanding (Diluted)	11	11	11	11	11
Shares Change (YoY)	-	3.80%	-3.79%	-0.63%	18.48%
EPS (Basic)	41.95	53.40	-1.89	0.03	12.97
EPS (Diluted)	41.95	53.40	-1.89	0.03	12.32
EPS Growth	-21.44%	-	-	-99.77%	5.79%
Free Cash Flow	685	-457	283.3	119.41	309.01
Free Cash Flow Per Share	62.74	-41.86	26.93	10.92	28.09
Dividend Per Share	-	5.000	-	-	2.750
Dividend Growth	-	-	-	-	10.00%
Gross Margin	34.60%	32.47%	32.86%	28.51%	32.56%
Operating Margin	10.72%	5.68%	-1.51%	0.56%	11.91%
Profit Margin	8.24%	12.23%	-1.17%	0.01%	6.66%
Free Cash Flow Margin	12.32%	-9.59%	16.62%	5.95%	15.19%
EBITDA	732	420	-1.14	38.42	267.76
EBITDA Margin	13.17%	8.81%	-0.07%	1.92%	13.16%
D&A For EBITDA	136	149	24.57	27.24	25.5
EBIT	596	271	-25.71	11.18	242.26
EBIT Margin	10.72%	5.68%	-1.51%	0.56%	11.91%
Effective Tax Rate	29.32%	29.98%	-	97.65%	40.82%
Advertising Expenses	-	-	46.77	30.49	27.62

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.