TYO:421A 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	3,799	2,387	2,323
Revenue Growth (YoY)	59.15%	2.76%	-
Cost of Revenue	177	102	89
Gross Profit	3,622	2,285	2,234
Selling, General & Admin	1,858	1,423	1,700
Operating Expenses	1,858	1,423	1,700
Operating Income	1,764	862	534
Interest & Investment Income	3	-	-
Other Non Operating Income (Expenses)	-11	2	-24
EBT Excluding Unusual Items	1,756	864	510
Gain (Loss) on Sale of Assets	-	-	1
Pretax Income	1,756	864	511
Income Tax Expense	603	289	176
Net Income	1,153	575	335
Net Income to Common	1,153	575	335
Net Income Growth	100.52%	71.64%	-
Shares Outstanding (Basic)	8	8	8
Shares Outstanding (Diluted)	8	8	8
Shares Change (YoY)	1.58%	-	-
EPS (Basic)	142.06	71.43	41.61
EPS (Diluted)	141.00	71.43	41.61
EPS Growth	97.40%	71.64%	-
Gross Margin	95.34%	95.73%	96.17%
Operating Margin	46.43%	36.11%	22.99%
Profit Margin	30.35%	24.09%	14.42%
EBIT	1,764	862	534
EBIT Margin	46.43%	36.11%	22.99%
Effective Tax Rate	34.34%	33.45%	34.44%

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