MarkLines Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	5,570	5,562	4,845	4,125	3,498
Revenue Growth (YoY)	0.14%	14.80%	17.46%	17.93%	31.36%
Cost of Revenue	1,869	1,943	1,659	1,453	1,256
Gross Profit	3,701	3,619	3,186	2,672	2,242
Selling, General & Admin	1,576	1,389	1,184	1,037	944
Operating Expenses	1,605	1,402	1,194	1,048	960
Operating Income	2,096	2,217	1,992	1,624	1,282
Interest & Investment Income	45	15	13	10	8
Earnings From Equity Investments	-31	-42	-21	-21	-23
Currency Exchange Gain (Loss)	15	9	-	5	-
Other Non Operating Income (Expenses)	8	6	4	3	5
EBT Excluding Unusual Items	2,133	2,205	1,988	1,621	1,272
Gain (Loss) on Sale of Investments	13	21	-	-	-22
Gain (Loss) on Sale of Assets	-	-	-	-	11
Pretax Income	2,146	2,226	1,988	1,621	1,261
Income Tax Expense	631	649	605	482	377
Earnings From Continuing Operations	1,515	1,577	1,383	1,139	884
Minority Interest in Earnings	4	-	-	-	1
Net Income	1,519	1,577	1,383	1,139	885
Net Income to Common	1,519	1,577	1,383	1,139	885
Net Income Growth	-3.68%	14.03%	21.42%	28.70%	40.48%
Shares Outstanding (Basic)	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13
Shares Change (YoY)	-1.09%	0.00%	0.00%	0.00%	0.02%
EPS (Basic)	116.10	119.28	104.66	86.22	67.04
EPS (Diluted)	116.10	119.28	104.59	86.17	66.94
EPS Growth	-2.66%	14.04%	21.38%	28.73%	40.45%
Free Cash Flow	1,773	955	1,502	1,035	1,071
Free Cash Flow Per Share	135.52	72.20	113.55	78.25	80.97
Dividend Per Share	-	48.000	36.000	29.000	23.000
Dividend Growth	-	33.33%	24.14%	26.09%	9.52%
Gross Margin	66.44%	65.07%	65.76%	64.78%	64.09%
Operating Margin	37.63%	39.86%	41.12%	39.37%	36.65%
Profit Margin	27.27%	28.35%	28.54%	27.61%	25.30%
Free Cash Flow Margin	31.83%	17.17%	31.00%	25.09%	30.62%
EBITDA	2,195	2,269	2,019	1,652	1,324
EBITDA Margin	39.41%	40.79%	41.67%	40.05%	37.85%
D&A For EBITDA	99	52	27	28	42
EBIT	2,096	2,217	1,992	1,624	1,282
EBIT Margin	37.63%	39.86%	41.12%	39.37%	36.65%
Effective Tax Rate	29.40%	29.15%	30.43%	29.73%	29.90%
Advertising Expenses	37	35	32	30	18

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