User Local Income Statement

Financials in millions JPY. Fiscal year is July - June.

Millions JPY. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	2016 - 2020
Revenue	4,783	4,581	3,907	3,288	2,683	2,088	Upgrade
Revenue Growth (YoY)	17.86%	17.25%	18.83%	22.55%	28.50%	25.25%	Upgrade
Cost of Revenue	477.38	462	339	237	205	196	Upgrade
Gross Profit	4,305	4,119	3,568	3,051	2,478	1,892	Upgrade
Selling, General & Admin	2,221	2,130	1,840	1,679	1,454	1,037	Upgrade
Operating Expenses	2,228	2,148	1,840	1,679	1,454	1,037	Upgrade
Operating Income	2,078	1,971	1,728	1,372	1,024	855	Upgrade
Interest & Investment Income	16.44	8	-	-	-	-	Upgrade
Other Non Operating Income (Expenses)	-1.03	-7	-9	-16	-8	-5	Upgrade
EBT Excluding Unusual Items	2,093	1,972	1,719	1,356	1,016	850	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-100	-	-	Upgrade
Asset Writedown	-	-	-	-	-1	-	Upgrade
Pretax Income	2,091	1,972	1,719	1,256	1,015	850	Upgrade
Income Tax Expense	579.38	543	534	302	294	235	Upgrade
Net Income	1,512	1,429	1,185	954	721	615	Upgrade
Net Income to Common	1,512	1,429	1,185	954	721	615	Upgrade
Net Income Growth	21.08%	20.59%	24.21%	32.32%	17.24%	46.78%	Upgrade
Shares Outstanding (Basic)	16	16	16	16	16	8	Upgrade
Shares Outstanding (Diluted)	16	16	16	16	16	8	Upgrade
Shares Change (YoY)	-0.50%	0.01%	-0.03%	-0.04%	100.71%	2.04%	Upgrade
EPS (Basic)	94.34	88.91	73.91	59.77	45.36	78.54	Upgrade
EPS (Diluted)	94.12	88.71	73.57	59.21	44.73	76.58	Upgrade
EPS Growth	21.69%	20.58%	24.25%	32.37%	-41.59%	43.84%	Upgrade
Free Cash Flow	-	1,547	1,529	1,290	869	677	Upgrade
Free Cash Flow Per Share	-	96.03	94.93	80.06	53.91	84.30	Upgrade
Gross Margin	90.02%	89.92%	91.32%	92.79%	92.36%	90.61%	Upgrade
Operating Margin	43.44%	43.03%	44.23%	41.73%	38.17%	40.95%	Upgrade
Profit Margin	31.61%	31.19%	30.33%	29.02%	26.87%	29.45%	Upgrade
Free Cash Flow Margin	-	33.77%	39.13%	39.23%	32.39%	32.42%	Upgrade
EBITDA	2,123	2,012	1,755	1,396	1,047	881	Upgrade
EBITDA Margin	44.40%	43.92%	44.92%	42.46%	39.02%	42.19%	Upgrade
D&A For EBITDA	45.55	41	27	24	23	26	Upgrade
EBIT	2,078	1,971	1,728	1,372	1,024	855	Upgrade
EBIT Margin	43.44%	43.03%	44.23%	41.73%	38.17%	40.95%	Upgrade
Effective Tax Rate	27.71%	27.53%	31.06%	24.04%	28.97%	27.65%	Upgrade
Advertising Expenses	-	746	713	665	620	348	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.