Toyokumo Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,407	3,146	1,937	1,577
Revenue Growth (YoY)	91.85%	62.41%	22.87%	-
Cost of Revenue	166.1	88	59.58	173.99
Gross Profit	4,241	3,058	1,877	1,403
Selling, General & Admin	2,610	1,886	1,238	984.01
Operating Expenses	2,619	1,895	1,238	984.01
Operating Income	1,622	1,163	639.33	418.52
Interest & Investment Income	3.62	-	0.02	0.01
Other Non Operating Income (Expenses)	-3.02	-1	-0.6	3
Pretax Income	1,622	1,162	638.75	421.53
Income Tax Expense	508.86	322	211.71	134.73
Earnings From Continuing Operations	1,113	840	427.04	286.81
Minority Interest in Earnings	-4.35	1	-	-
Net Income	1,109	841	427.04	286.81
Net Income to Common	1,109	841	427.04	286.81
Net Income Growth	110.58%	96.94%	48.89%	-
Shares Outstanding (Basic)	11	11	10	10
Shares Outstanding (Diluted)	11	11	11	11
Shares Change (YoY)	0.53%	-0.34%	-0.34%	-
EPS (Basic)	101.54	77.14	42.19	28.25
EPS (Diluted)	101.54	77.14	39.01	26.11
EPS Growth	109.46%	97.75%	49.41%	-
Free Cash Flow	-	1,331	645.48	367.32
Free Cash Flow Per Share	-	122.00	58.97	33.44
Dividend Per Share	14.000	14.000	7.000	5.000
Dividend Growth	100.00%	100.00%	40.00%	-
Gross Margin	96.23%	97.20%	96.92%	88.96%
Operating Margin	36.81%	36.97%	33.01%	26.55%
Profit Margin	25.16%	26.73%	22.05%	18.19%
Free Cash Flow Margin	-	42.31%	33.32%	23.30%
EBITDA	-	1,179	656.75	441.63
EBITDA Margin	-	37.48%	33.90%	28.01%
D&A For EBITDA	-	16	17.42	23.11
EBIT	1,622	1,163	639.33	418.52
EBIT Margin	36.81%	36.97%	33.01%	26.55%
Effective Tax Rate	31.37%	27.71%	33.15%	31.96%
Advertising Expenses	-	752	-	-

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