Titan Kogyo Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	7,993	7,794	7,953	8,070	8,149	6,284
Revenue Growth (YoY)	-2.95%	-2.00%	-1.45%	-0.97%	29.68%	-28.27%
Cost of Revenue	6,745	6,617	7,593	6,620	6,675	5,296
Gross Profit	1,248	1,177	360	1,450	1,474	988
Selling, General & Admin	798	775	853	804	806	744
Research & Development	237	237	234	260	295	308
Operating Expenses	1,035	1,034	1,087	1,064	1,101	1,052
Operating Income	213	143	-727	386	373	-64
Interest Expense	-69	-52	-42	-43	-46	-38
Interest & Investment Income	20	23	25	25	16	12
Earnings From Equity Investments	-	-	5	-1	3	12
Currency Exchange Gain (Loss)	-	-	74	-	-	-
Other Non Operating Income (Expenses)	-10	-6	-4	-27	-59	-74
EBT Excluding Unusual Items	154	108	-669	340	287	-152
Gain (Loss) on Sale of Investments	-	280	-34	-	2	-
Gain (Loss) on Sale of Assets	1	-	-	4	-	-
Asset Writedown	-21	-19	-745	-70	-6	-7
Other Unusual Items	1	1	-1	-36	-	-
Pretax Income	135	370	-1,449	238	283	-159
Income Tax Expense	75	137	146	-103	-2	3
Earnings From Continuing Operations	60	233	-1,595	341	285	-162
Minority Interest in Earnings	-18	-33	-85	-19	-20	-16
Net Income	42	200	-1,680	322	265	-178
Net Income to Common	42	200	-1,680	322	265	-178
Net Income Growth	-	-	-	21.51%	-	-
Shares Outstanding (Basic)	3	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3	3
Shares Change (YoY)	0.14%	0.04%	0.15%	-1.64%	0.03%	0.08%
EPS (Basic)	14.13	67.40	-566.43	108.73	88.01	-59.14
EPS (Diluted)	14.13	67.40	-566.43	108.73	88.01	-59.14
EPS Growth	-	-	-	23.54%	-	-
Free Cash Flow	-	632	622	-389	-2,765	-880
Free Cash Flow Per Share	-	212.99	209.71	-131.36	-918.34	-292.36
Dividend Per Share	10.000	10.000	10.000	20.000	18.000	10.000
Dividend Growth	-	-	-50.00%	11.11%	80.00%	-66.67%
Gross Margin	15.61%	15.10%	4.53%	17.97%	18.09%	15.72%
Operating Margin	2.67%	1.84%	-9.14%	4.78%	4.58%	-1.02%
Profit Margin	0.53%	2.57%	-21.12%	3.99%	3.25%	-2.83%
Free Cash Flow Margin	-	8.11%	7.82%	-4.82%	-33.93%	-14.00%
EBITDA	872	856	58	1,243	1,226	687
EBITDA Margin	10.91%	10.98%	0.73%	15.40%	15.04%	10.93%
D&A For EBITDA	659	713	785	857	853	751
EBIT	213	143	-727	386	373	-64
EBIT Margin	2.67%	1.84%	-9.14%	4.78%	4.58%	-1.02%
Effective Tax Rate	55.56%	37.03%	-	-	-	-

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