rakumo 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,830	1,443	1,295	1,096	963
Revenue Growth (YoY)	26.82%	11.43%	18.16%	13.81%	17.15%
Cost of Revenue	541.01	492	464	400	364
Gross Profit	1,289	951	831	696	599
Selling, General & Admin	860.95	567	527	464	371
Operating Expenses	860.95	567	527	464	371
Operating Income	428.1	384	304	232	228
Interest Expense	-5.79	-1	-1	-1	-2
Interest & Investment Income	3.7	-	-	-	-
Earnings From Equity Investments	-1.43	-	-	-	-
Currency Exchange Gain (Loss)	-0.05	-3	-3	-4	-4
Other Non Operating Income (Expenses)	5.05	-5	-3	-3	-2
EBT Excluding Unusual Items	429.59	375	297	224	220
Merger & Restructuring Charges	-1.31	-	-	-	-
Asset Writedown	-	-	-	-	-29
Legal Settlements	-	-	-	-3	-
Pretax Income	428.27	375	297	221	191
Income Tax Expense	155.97	122	101	37	3
Net Income	272.31	253	196	184	188
Net Income to Common	272.31	253	196	184	188
Net Income Growth	7.63%	29.08%	6.52%	-2.13%	50.40%
Shares Outstanding (Basic)	6	6	6	6	6
Shares Outstanding (Diluted)	6	7	6	6	6
Shares Change (YoY)	-0.71%	3.80%	7.10%	-0.12%	34.05%
EPS (Basic)	46.81	43.76	34.03	32.24	33.54
EPS (Diluted)	42.02	38.77	31.24	31.44	32.11
EPS Growth	8.38%	24.10%	-0.64%	-2.09%	12.43%
Free Cash Flow	507.96	459	346	273	282
Free Cash Flow Per Share	78.38	70.33	55.03	46.50	47.98
Dividend Per Share	9.000	6.000	-	-	-
Dividend Growth	50.00%	-	-	-	-
Gross Margin	70.44%	65.90%	64.17%	63.50%	62.20%
Operating Margin	23.39%	26.61%	23.47%	21.17%	23.68%
Profit Margin	14.88%	17.53%	15.14%	16.79%	19.52%
Free Cash Flow Margin	27.76%	31.81%	26.72%	24.91%	29.28%
EBITDA	579.38	491	380	274	273
EBITDA Margin	31.66%	34.03%	29.34%	25.00%	28.35%
D&A For EBITDA	151.29	107	76	42	45
EBIT	428.1	384	304	232	228
EBIT Margin	23.39%	26.61%	23.47%	21.17%	23.68%
Effective Tax Rate	36.42%	32.53%	34.01%	16.74%	1.57%

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