Toagosei Co., Ltd. (TYO:4045)

Toagosei Income Statement

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	166,367	167,594	159,371	160,825	156,313	133,392
Revenue Growth (YoY)	1.45%	5.16%	-0.90%	2.89%	17.18%	-7.98%
Cost of Revenue	120,403	121,881	118,004	117,891	110,974	95,328
Gross Profit	45,964	45,713	41,367	42,934	45,339	38,064
Selling, General & Admin	30,327	29,772	27,299	26,969	26,370	24,504
Operating Expenses	32,033	31,478	28,867	28,551	27,663	25,728
Operating Income	13,931	14,235	12,500	14,383	17,676	12,336
Interest Expense	-162	-152	-131	-100	-94	-94
Interest & Investment Income	1,412	1,643	1,320	1,088	994	864
Earnings From Equity Investments	192	227	185	128	145	168
Currency Exchange Gain (Loss)	-121	579	343	753	50	-401
Other Non Operating Income (Expenses)	-520	-539	178	-63	211	180
EBT Excluding Unusual Items	14,732	15,993	14,395	16,189	18,982	13,053
Gain (Loss) on Sale of Investments	3,570	4,030	4,074	2,463	1,703	-180
Gain (Loss) on Sale of Assets	-1,903	-1,922	-1,148	-303	-722	-434
Asset Writedown	-1,487	-1,487	-	-959	-1,032	-183
Other Unusual Items	-135	-62	-228	-76	-131	-1
Pretax Income	14,777	16,552	17,093	17,314	18,800	12,255
Income Tax Expense	4,156	4,589	4,862	4,560	4,821	3,890
Earnings From Continuing Operations	10,621	11,963	12,231	12,754	13,979	8,365
Minority Interest in Earnings	-70	-86	-52	-260	-208	-223
Net Income	10,551	11,877	12,179	12,494	13,771	8,142
Net Income to Common	10,551	11,877	12,179	12,494	13,771	8,142
Net Income Growth	-23.27%	-2.48%	-2.52%	-9.27%	69.14%	-21.61%
Shares Outstanding (Basic)	112	114	118	123	127	130
Shares Outstanding (Diluted)	112	114	118	123	127	130
Shares Change (YoY)	-3.72%	-4.14%	-3.92%	-3.16%	-2.35%	-0.92%
EPS (Basic)	94.56	104.56	102.78	101.31	108.14	62.43
EPS (Diluted)	94.56	104.56	102.78	101.31	108.14	62.43
EPS Growth	-20.30%	1.74%	1.45%	-6.32%	73.21%	-20.88%
Free Cash Flow	-6,066	-1,860	9,978	-9,307	9,703	6,193
Free Cash Flow Per Share	-54.37	-16.38	84.20	-75.47	76.19	47.49
Dividend Per Share	62.500	60.000	53.000	36.000	36.000	30.000
Dividend Growth	-0.79%	13.21%	47.22%	-	20.00%	7.14%
Gross Margin	27.63%	27.28%	25.96%	26.70%	29.00%	28.54%
Operating Margin	8.37%	8.49%	7.84%	8.94%	11.31%	9.25%
Profit Margin	6.34%	7.09%	7.64%	7.77%	8.81%	6.10%
Free Cash Flow Margin	-3.65%	-1.11%	6.26%	-5.79%	6.21%	4.64%
EBITDA	25,534	25,537	23,156	24,840	28,299	22,184
EBITDA Margin	15.35%	15.24%	14.53%	15.45%	18.10%	16.63%
D&A For EBITDA	11,603	11,302	10,656	10,457	10,623	9,848
EBIT	13,931	14,235	12,500	14,383	17,676	12,336
EBIT Margin	8.37%	8.49%	7.84%	8.94%	11.31%	9.25%
Effective Tax Rate	28.13%	27.73%	28.44%	26.34%	25.64%	31.74%

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