Nippon Kodoshi 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	18,624	16,033	14,828	17,586	18,074
Revenue Growth (YoY)	16.16%	8.13%	-15.68%	-2.70%	13.54%
Cost of Revenue	12,929	11,582	11,176	12,055	11,923
Gross Profit	5,695	4,451	3,652	5,531	6,151
Selling, General & Admin	2,162	1,924	1,854	2,146	2,030
Research & Development	-	67	78	58	54
Operating Expenses	2,162	1,991	1,932	2,204	2,084
Operating Income	3,533	2,460	1,720	3,327	4,067
Interest Expense	-53	-41	-13	-5	-3
Interest & Investment Income	41	37	25	16	12
Currency Exchange Gain (Loss)	78	-57	256	237	205
Other Non Operating Income (Expenses)	113	49	79	23	17
EBT Excluding Unusual Items	3,712	2,448	2,067	3,598	4,298
Gain (Loss) on Sale of Investments	-	-7	-	-	-
Gain (Loss) on Sale of Assets	-6	-4	-46	-66	-67
Asset Writedown	-107	-	-	-	-49
Pretax Income	3,599	2,437	2,021	3,532	4,182
Income Tax Expense	957	656	542	1,064	1,264
Earnings From Continuing Operations	2,642	1,781	1,479	2,468	2,918
Net Income	2,642	1,781	1,479	2,468	2,918
Net Income to Common	2,642	1,781	1,479	2,468	2,918
Net Income Growth	48.34%	20.42%	-40.07%	-15.42%	45.46%
Shares Outstanding (Basic)	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11
Shares Change (YoY)	-0.81%	-0.15%	-1.15%	0.08%	0.03%
EPS (Basic)	250.58	167.55	138.93	229.17	271.18
EPS (Diluted)	250.58	167.55	138.93	229.17	271.18
EPS Growth	49.55%	20.60%	-39.38%	-15.49%	45.41%
Free Cash Flow	3,744	-2,143	-1,476	-2,858	1,085
Free Cash Flow Per Share	355.10	-201.60	-138.65	-265.38	100.83
Dividend Per Share	90.000	60.000	50.000	50.000	24.000
Dividend Growth	50.00%	20.00%	-	108.33%	9.09%
Gross Margin	30.58%	27.76%	24.63%	31.45%	34.03%
Operating Margin	18.97%	15.34%	11.60%	18.92%	22.50%
Profit Margin	14.19%	11.11%	9.97%	14.03%	16.14%
Free Cash Flow Margin	20.10%	-13.37%	-9.95%	-16.25%	6.00%
EBITDA	4,954	3,490	3,146	4,736	5,426
EBITDA Margin	26.60%	21.77%	21.22%	26.93%	30.02%
D&A For EBITDA	1,421	1,030	1,426	1,409	1,359
EBIT	3,533	2,460	1,720	3,327	4,067
EBIT Margin	18.97%	15.34%	11.60%	18.92%	22.50%
Effective Tax Rate	26.59%	26.92%	26.82%	30.13%	30.23%

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