Kureha Corporation (TYO:4023)

Kureha Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	157,766	162,015	177,973	191,277	168,341	144,575
Revenue Growth (YoY)	-5.60%	-8.97%	-6.96%	13.63%	16.44%	1.53%
Cost of Revenue	115,031	119,521	126,634	136,488	117,463	101,702
Gross Profit	42,735	42,494	51,339	54,789	50,878	42,873
Selling, General & Admin	31,937	32,579	32,606	31,973	27,521	25,438
Other Operating Expenses	-1,244	-119	351	-241	177	37
Operating Expenses	30,693	32,460	32,957	31,732	27,698	25,475
Operating Income	12,042	10,034	18,382	23,057	23,180	17,398
Interest Expense	-558	-189	-181	-222	-155	-211
Interest & Investment Income	1,109	849	806	724	531	468
Earnings From Equity Investments	850	-24	-635	1,325	2,020	1,472
Currency Exchange Gain (Loss)	126	126	497	146	-115	234
Other Non Operating Income (Expenses)	114	115	323	671	881	431
EBT Excluding Unusual Items	13,683	10,911	19,192	25,701	26,342	19,792
Merger & Restructuring Charges	-176	-176	-2,835	-	-	-
Gain (Loss) on Sale of Assets	-518	-518	-1,813	-569	-639	-421
Asset Writedown	-	-	-632	-2,141	-5,306	-1,624
Pretax Income	12,989	10,217	13,912	22,991	20,397	17,747
Income Tax Expense	2,894	2,321	4,070	6,014	6,104	4,136
Earnings From Continuing Operations	10,095	7,896	9,842	16,977	14,293	13,611
Minority Interest in Earnings	-157	-96	-108	-109	-129	-118
Net Income	9,938	7,800	9,734	16,868	14,164	13,493
Net Income to Common	9,938	7,800	9,734	16,868	14,164	13,493
Net Income Growth	30.90%	-19.87%	-42.29%	19.09%	4.97%	-1.65%
Shares Outstanding (Basic)	43	52	56	59	59	59
Shares Outstanding (Diluted)	43	52	56	59	59	59
Shares Change (YoY)	-19.56%	-7.40%	-3.91%	0.02%	0.03%	-1.43%
EPS (Basic)	231.39	149.66	173.01	288.08	241.90	230.44
EPS (Diluted)	231.08	149.48	172.73	287.63	241.56	230.17
EPS Growth	62.75%	-13.46%	-39.95%	19.07%	4.95%	-0.22%
Free Cash Flow	-4,082	-14,312	-21,099	8,505	15,995	13,826
Free Cash Flow Per Share	-94.91	-274.25	-374.40	145.02	272.77	235.84
Dividend Per Share	43.350	86.700	86.670	90.000	70.000	56.667
Dividend Growth	-49.99%	0.03%	-3.70%	28.57%	23.53%	-
Gross Margin	27.09%	26.23%	28.85%	28.64%	30.22%	29.65%
Operating Margin	7.63%	6.19%	10.33%	12.05%	13.77%	12.03%
Profit Margin	6.30%	4.81%	5.47%	8.82%	8.41%	9.33%
Free Cash Flow Margin	-2.59%	-8.83%	-11.86%	4.45%	9.50%	9.56%
EBITDA	24,437	22,718	30,042	34,672	34,730	29,070
EBITDA Margin	15.49%	14.02%	16.88%	18.13%	20.63%	20.11%
D&A For EBITDA	12,395	12,684	11,660	11,615	11,550	11,672
EBIT	12,042	10,034	18,382	23,057	23,180	17,398
EBIT Margin	7.63%	6.19%	10.33%	12.05%	13.77%	12.03%
Effective Tax Rate	22.28%	22.72%	29.25%	26.16%	29.93%	23.30%

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