THECOO Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	5,166	4,831	4,331	3,806	4,279	3,482
Revenue Growth (YoY)	16.72%	11.54%	13.79%	-11.05%	22.89%	50.09%
Cost of Revenue	2,714	2,602	2,500	2,299	2,609	2,192
Gross Profit	2,452	2,229	1,831	1,507	1,670	1,290
Selling, General & Admin	2,069	1,993	1,861	2,015	1,807	1,337
Other Operating Expenses	-	-	1	-	-	-
Operating Expenses	2,108	2,032	1,899	2,062	1,883	1,390
Operating Income	344	197	-68	-555	-213	-100
Interest Expense	-	-	-	-	-1	-1
Interest & Investment Income	5	2	-	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-	3	-
Other Non Operating Income (Expenses)	14	15	5	1	-	-18
EBT Excluding Unusual Items	363	214	-63	-554	-211	-119
Gain (Loss) on Sale of Assets	-	-	2	-	-	-
Asset Writedown	-3	-3	-5	-11	-260	-
Other Unusual Items	-	-	-	-193	-	-
Pretax Income	360	211	-66	-758	-471	-119
Income Tax Expense	58	37	3	6	17	-10
Net Income to Company	-	174	-69	-764	-488	-109
Net Income	302	174	-69	-764	-488	-109
Net Income to Common	302	174	-69	-764	-488	-109
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	1.18%	1.02%	0.26%	0.82%	12.65%	104.57%
EPS (Basic)	143.91	83.10	-33.17	-368.25	-237.14	-59.67
EPS (Diluted)	143.42	82.81	-33.17	-368.25	-237.14	-59.67
Free Cash Flow	-	544	218	-289	-	148
Free Cash Flow Per Share	-	258.90	104.81	-139.30	-	81.01
Gross Margin	47.46%	46.14%	42.28%	39.59%	39.03%	37.05%
Operating Margin	6.66%	4.08%	-1.57%	-14.58%	-4.98%	-2.87%
Profit Margin	5.85%	3.60%	-1.59%	-20.07%	-11.40%	-3.13%
Free Cash Flow Margin	-	11.26%	5.03%	-7.59%	-	4.25%
EBITDA	402.5	253	-22	-516	-139	-50
EBITDA Margin	7.79%	5.24%	-0.51%	-13.56%	-3.25%	-1.44%
D&A For EBITDA	58.5	56	46	39	74	50
EBIT	344	197	-68	-555	-213	-100
EBIT Margin	6.66%	4.08%	-1.57%	-14.58%	-4.98%	-2.87%
Effective Tax Rate	16.11%	17.54%	-	-	-	-
Advertising Expenses	-	-	-	-	305	-

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