Innovation 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	6,968	5,343	4,813	4,570	4,380
Revenue Growth (YoY)	30.41%	11.01%	5.32%	4.34%	42.07%
Cost of Revenue	3,468	3,032	2,741	2,557	2,148
Gross Profit	3,500	2,311	2,072	2,013	2,232
Selling, General & Admin	3,748	1,934	1,662	1,664	1,450
Operating Expenses	3,748	1,959	1,672	1,670	1,454
Operating Income	-248	352	400	343	778
Interest Expense	-32	-8	-	-	-
Interest & Investment Income	5	-	-	-	2
Other Non Operating Income (Expenses)	-59	-4	4	1	3
EBT Excluding Unusual Items	-334	340	404	344	783
Gain (Loss) on Sale of Investments	-	-36	31	-56	-20
Gain (Loss) on Sale of Assets	-1	-	-	-	-
Asset Writedown	-26	-	-	-94	-4
Other Unusual Items	17	-1	-	-1	-
Pretax Income	-344	303	435	193	759
Income Tax Expense	50	237	200	169	286
Earnings From Continuing Operations	-394	66	235	24	473
Minority Interest in Earnings	-63	1	9	38	-25
Net Income	-457	67	244	62	448
Net Income to Common	-457	67	244	62	448
Net Income Growth	-	-72.54%	293.55%	-86.16%	52.90%
Shares Outstanding (Basic)	3	3	3	2	2
Shares Outstanding (Diluted)	3	3	3	2	2
Shares Change (YoY)	-0.17%	2.87%	4.06%	5.40%	7.98%
EPS (Basic)	-171.42	25.17	94.87	25.13	190.57
EPS (Diluted)	-171.42	25.17	94.19	25.13	189.28
EPS Growth	-	-73.28%	274.81%	-86.72%	41.43%
Free Cash Flow	216	42	340	108	465
Free Cash Flow Per Share	81.02	15.73	130.97	43.29	196.46
Dividend Per Share	-	40.000	40.000	39.000	38.000
Dividend Growth	-	-	2.56%	2.63%	-
Gross Margin	50.23%	43.25%	43.05%	44.05%	50.96%
Operating Margin	-3.56%	6.59%	8.31%	7.51%	17.76%
Profit Margin	-6.56%	1.25%	5.07%	1.36%	10.23%
Free Cash Flow Margin	3.10%	0.79%	7.06%	2.36%	10.62%
EBITDA	205	422	456	404	823
EBITDA Margin	2.94%	7.90%	9.47%	8.84%	18.79%
D&A For EBITDA	453	70	56	61	45
EBIT	-248	352	400	343	778
EBIT Margin	-3.56%	6.59%	8.31%	7.51%	17.76%
Effective Tax Rate	-	78.22%	45.98%	87.56%	37.68%

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