Plus Alpha Consulting Income Statement

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '21 Sep 30, 2021	Sep '20 Sep 30, 2020
Revenue	17,630	17,084	13,914	11,171	6,118	4,727
Revenue Growth (YoY)	19.56%	22.78%	24.55%	82.59%	29.44%	-
Cost of Revenue	5,015	4,757	3,765	2,959	1,768	1,341
Gross Profit	12,615	12,327	10,149	8,212	4,350	3,385
Selling, General & Admin	5,680	5,948	5,608	4,501	2,243	1,955
Operating Expenses	5,680	5,948	5,608	4,501	2,243	1,955
Operating Income	6,934	6,379	4,541	3,711	2,107	1,431
Interest & Investment Income	11	11	4	3	3.18	3.36
Other Non Operating Income (Expenses)	-69.63	-70	-6	-37	-18.8	5.43
EBT Excluding Unusual Items	6,876	6,320	4,539	3,677	2,091	1,439
Gain (Loss) on Sale of Investments	-	-	-99	-36	-	5.87
Asset Writedown	-1,154	-1,154	-	-	-	-
Other Unusual Items	0.3	-	-1	-	-	-
Pretax Income	5,722	5,166	4,439	3,641	2,091	1,445
Income Tax Expense	2,073	1,910	1,345	1,021	662.53	418.85
Earnings From Continuing Operations	3,649	3,256	3,094	2,620	1,429	1,026
Minority Interest in Earnings	-1.54	2	-1	-	-	-
Net Income	3,648	3,258	3,093	2,620	1,429	1,026
Net Income to Common	3,648	3,258	3,093	2,620	1,429	1,026
Net Income Growth	15.95%	5.33%	18.05%	83.37%	39.21%	-
Shares Outstanding (Basic)	42	41	42	41	40	40
Shares Outstanding (Diluted)	42	42	43	42	43	40
Shares Change (YoY)	0.71%	-2.65%	2.32%	-1.93%	6.66%	-
EPS (Basic)	88.01	78.59	73.15	63.81	35.71	25.66
EPS (Diluted)	87.71	78.19	72.27	62.64	33.49	25.66
EPS Growth	19.27%	8.19%	15.37%	87.04%	30.52%	-
Free Cash Flow	-	5,098	3,172	3,279	1,499	992.74
Free Cash Flow Per Share	-	122.32	74.09	78.37	35.14	24.82
Dividend Per Share	29.000	29.000	16.000	13.000	7.200	5.130
Dividend Growth	81.25%	81.25%	23.08%	80.56%	40.35%	-
Gross Margin	-	72.16%	72.94%	73.51%	71.11%	71.63%
Operating Margin	39.33%	37.34%	32.64%	33.22%	34.44%	30.27%
Profit Margin	20.69%	19.07%	22.23%	23.45%	23.35%	21.71%
Free Cash Flow Margin	-	29.84%	22.80%	29.35%	24.50%	21.00%
EBITDA	7,444	6,848	4,847	4,022	2,132	1,448
EBITDA Margin	-	40.08%	34.84%	36.00%	34.84%	30.64%
D&A For EBITDA	509.75	469	306	311	24.65	17.7
EBIT	6,934	6,379	4,541	3,711	2,107	1,431
EBIT Margin	-	37.34%	32.64%	33.22%	34.44%	30.27%
Effective Tax Rate	-	36.97%	30.30%	28.04%	31.68%	28.98%
Advertising Expenses	-	1,739	2,004	1,579	-	-

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