SuRaLa Net 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,932	1,947	2,145	2,147
Revenue Growth (YoY)	-0.77%	-9.23%	-0.09%	-
Cost of Revenue	751	688	633	575
Gross Profit	1,181	1,259	1,512	1,572
Selling, General & Admin	1,102	1,019	1,085	1,066
Amortization of Goodwill & Intangibles	-	13	27	20
Operating Expenses	1,115	1,048	1,125	1,096
Operating Income	66	211	387	476
Interest & Investment Income	1	-	-	-
Currency Exchange Gain (Loss)	-1	-	1	-1
Other Non Operating Income (Expenses)	9	9	4	25
EBT Excluding Unusual Items	75	220	392	500
Asset Writedown	-115	-86	-1	-5
Other Unusual Items	-1	-	-	-
Pretax Income	-41	134	391	495
Income Tax Expense	-33	73	94	141
Earnings From Continuing Operations	-8	61	297	354
Minority Interest in Earnings	5	11	7	1
Net Income	-3	72	304	355
Net Income to Common	-3	72	304	355
Net Income Growth	-	-76.32%	-14.37%	-
Shares Outstanding (Basic)	6	6	7	7
Shares Outstanding (Diluted)	6	6	7	7
Shares Change (YoY)	-2.33%	-1.26%	-1.80%	-
EPS (Basic)	-0.47	11.09	46.25	53.04
EPS (Diluted)	-0.47	11.09	46.25	53.04
EPS Growth	-	-76.01%	-12.80%	-
Free Cash Flow	238	371	475	510
Free Cash Flow Per Share	37.55	57.17	72.27	76.20
Gross Margin	61.13%	64.66%	70.49%	73.22%
Operating Margin	3.42%	10.84%	18.04%	22.17%
Profit Margin	-0.15%	3.70%	14.17%	16.54%
Free Cash Flow Margin	12.32%	19.05%	22.14%	23.75%
EBITDA	358	482	629	660
EBITDA Margin	18.53%	24.76%	29.32%	30.74%
D&A For EBITDA	292	271	242	184
EBIT	66	211	387	476
EBIT Margin	3.42%	10.84%	18.04%	22.17%
Effective Tax Rate	-	54.48%	24.04%	28.48%
Advertising Expenses	105	124	149	195

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