Showcase 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	2,901	6,211	5,683	4,631	1,594
Revenue Growth (YoY)	-53.29%	9.29%	22.72%	190.53%	4.18%
Cost of Revenue	1,602	4,705	4,079	2,936	384
Gross Profit	1,299	1,506	1,604	1,695	1,210
Selling, General & Admin	1,213	1,671	1,891	2,225	1,197
Operating Expenses	1,208	1,670	1,882	2,216	1,160
Operating Income	91	-164	-278	-521	50
Interest Expense	-14	-19	-12	-9	-3
Interest & Investment Income	8	-	-	12	29
Currency Exchange Gain (Loss)	3	-	-	5	-
Other Non Operating Income (Expenses)	-11	-54	1	-28	-
EBT Excluding Unusual Items	77	-237	-289	-541	76
Gain (Loss) on Sale of Investments	861	-	-	-	-1
Gain (Loss) on Sale of Assets	-	-6	-7	-	-
Asset Writedown	-110	-528	-10	-43	-4
Other Unusual Items	18	-1	123	-80	-2
Pretax Income	846	-772	-183	-664	69
Income Tax Expense	40	20	-18	11	10
Earnings From Continuing Operations	806	-792	-165	-675	59
Minority Interest in Earnings	4	50	48	149	-
Net Income	810	-742	-117	-526	59
Net Income to Common	810	-742	-117	-526	59
Net Income Growth	-	-	-	-	136.00%
Shares Outstanding (Basic)	9	7	8	9	9
Shares Outstanding (Diluted)	9	7	8	9	9
Shares Change (YoY)	21.02%	-12.27%	-5.77%	-0.08%	23.53%
EPS (Basic)	94.49	-104.75	-14.49	-61.39	6.89
EPS (Diluted)	94.49	-104.75	-14.49	-61.39	6.89
EPS Growth	-	-	-	-	90.68%
Free Cash Flow	-	-682	-188	-826	82
Free Cash Flow Per Share	-	-96.28	-23.29	-96.41	9.56
Dividend Per Share	-	-	-	-	6.500
Dividend Growth	-	-	-	-	8.33%
Gross Margin	44.78%	24.25%	28.22%	36.60%	75.91%
Operating Margin	3.14%	-2.64%	-4.89%	-11.25%	3.14%
Profit Margin	27.92%	-11.95%	-2.06%	-11.36%	3.70%
Free Cash Flow Margin	-	-10.98%	-3.31%	-17.84%	5.14%
EBITDA	341	86	-82	-342	130
EBITDA Margin	11.76%	1.39%	-1.44%	-7.38%	8.16%
D&A For EBITDA	250	250	196	179	80
EBIT	91	-164	-278	-521	50
EBIT Margin	3.14%	-2.64%	-4.89%	-11.25%	3.14%
Effective Tax Rate	4.73%	-	-	-	14.49%
Advertising Expenses	-	-	-	376	126

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.