TYO:3920 Income Statement

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2019 - 2020
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	2019 - 2020
Revenue	2,405	2,184	1,900	1,501	2,013	Upgrade
Revenue Growth (YoY)	10.10%	14.95%	26.58%	-25.44%	3.44%	Upgrade
Cost of Revenue	554.52	598	565	477	741	Upgrade
Gross Profit	1,850	1,586	1,335	1,024	1,272	Upgrade
Selling, General & Admin	1,285	1,204	1,123	1,072	991	Upgrade
Operating Expenses	1,285	1,204	1,114	1,060	988	Upgrade
Operating Income	565.08	382	221	-36	284	Upgrade
Interest Expense	-6.83	-3	-3	-3	-4	Upgrade
Interest & Investment Income	0.45	-	-	-	-	Upgrade
Earnings From Equity Investments	-	18	11	13	-12	Upgrade
Other Non Operating Income (Expenses)	15.95	13	4	4	6	Upgrade
EBT Excluding Unusual Items	574.65	410	233	-22	274	Upgrade
Gain (Loss) on Sale of Investments	2.79	-131	-94	-	11	Upgrade
Asset Writedown	-1.48	-	-	-	-	Upgrade
Other Unusual Items	-	13	-	-17	-	Upgrade
Pretax Income	575.95	292	139	-39	285	Upgrade
Income Tax Expense	165.24	41	69	-12	88	Upgrade
Earnings From Continuing Operations	410.71	251	70	-27	197	Upgrade
Net Income	410.71	251	70	-27	197	Upgrade
Net Income to Common	410.71	251	70	-27	197	Upgrade
Net Income Growth	63.63%	258.57%	-	-	-	Upgrade
Shares Outstanding (Basic)	6	6	6	6	6	Upgrade
Shares Outstanding (Diluted)	6	6	6	6	6	Upgrade
Shares Change (YoY)	0.00%	-0.05%	0.46%	-0.80%	0.97%	Upgrade
EPS (Basic)	74.07	45.39	12.66	-4.88	35.65	Upgrade
EPS (Diluted)	73.98	45.32	12.66	-4.88	35.35	Upgrade
EPS Growth	63.24%	257.99%	-	-	-	Upgrade
Free Cash Flow	696.33	347	426	334	445	Upgrade
Free Cash Flow Per Share	125.43	62.51	76.70	60.41	79.84	Upgrade
Dividend Per Share	12.000	8.000	6.000	-	-	Upgrade
Dividend Growth	50.00%	33.33%	-	-	-	Upgrade
Gross Margin	76.94%	72.62%	70.26%	68.22%	63.19%	Upgrade
Operating Margin	23.50%	17.49%	11.63%	-2.40%	14.11%	Upgrade
Profit Margin	17.08%	11.49%	3.68%	-1.80%	9.79%	Upgrade
Free Cash Flow Margin	28.96%	15.89%	22.42%	22.25%	22.11%	Upgrade
EBITDA	602.39	436	277	16	351	Upgrade
EBITDA Margin	25.05%	19.96%	14.58%	1.07%	17.44%	Upgrade
D&A For EBITDA	37.3	54	56	52	67	Upgrade
EBIT	565.08	382	221	-36	284	Upgrade
EBIT Margin	23.50%	17.49%	11.63%	-2.40%	14.11%	Upgrade
Effective Tax Rate	28.69%	14.04%	49.64%	-	30.88%	Upgrade

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