Nippon Kayaku Co., Ltd. (TYO:4272)

Nippon Kayaku Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	229,227	222,584	201,791	198,380	184,805	173,381
Revenue Growth (YoY)	4.20%	10.30%	1.72%	7.35%	6.59%	-1.00%
Cost of Revenue	159,663	151,102	140,490	131,627	120,837	117,064
Gross Profit	69,564	71,482	61,301	66,753	63,968	56,317
Selling, General & Admin	35,037	35,161	33,171	31,065	28,792	27,794
Research & Development	14,620	14,620	19,398	12,886	12,578	12,047
Operating Expenses	50,956	51,080	53,964	45,247	42,916	41,124
Operating Income	18,608	20,402	7,337	21,506	21,052	15,193
Interest Expense	-454	-224	-127	-103	-82	-105
Interest & Investment Income	1,567	1,929	1,853	1,424	991	876
Earnings From Equity Investments	270	61	411	-503	210	263
Currency Exchange Gain (Loss)	-463	-267	2,695	171	596	-248
Other Non Operating Income (Expenses)	434	363	392	529	385	559
EBT Excluding Unusual Items	19,962	22,264	12,561	23,024	23,152	16,538
Gain (Loss) on Sale of Investments	8,769	1,244	-2,642	284	-138	1,342
Gain (Loss) on Sale of Assets	-941	-1,167	-378	-210	776	-357
Asset Writedown	-	-	-2,647	-2,127	-91	-
Other Unusual Items	-276	-336	311	-1	-	-1
Pretax Income	27,514	22,005	7,205	20,970	23,699	17,522
Income Tax Expense	5,919	4,428	3,026	5,929	6,455	4,932
Earnings From Continuing Operations	21,595	17,577	4,179	15,041	17,244	12,590
Minority Interest in Earnings	-76	-69	-66	-57	-63	-16
Net Income	21,519	17,508	4,113	14,984	17,181	12,574
Net Income to Common	21,519	17,508	4,113	14,984	17,181	12,574
Net Income Growth	47.43%	325.67%	-72.55%	-12.79%	36.64%	-1.88%
Shares Outstanding (Basic)	150	163	166	168	169	171
Shares Outstanding (Diluted)	150	163	166	168	169	171
Shares Change (YoY)	-8.85%	-1.49%	-1.10%	-0.75%	-1.08%	-1.04%
EPS (Basic)	138.17	107.17	24.80	89.36	101.70	73.62
EPS (Diluted)	138.16	107.16	24.80	89.33	101.65	73.62
EPS Growth	55.92%	332.18%	-72.24%	-12.12%	38.08%	-0.82%
Free Cash Flow	-	-3,729	8,206	7,818	14,445	11,581
Free Cash Flow Per Share	-	-22.82	49.48	46.62	85.50	67.81
Dividend Per Share	67.500	60.000	45.000	45.000	40.000	30.000
Dividend Growth	50.00%	33.33%	-	12.50%	33.33%	-
Gross Margin	-	32.12%	30.38%	33.65%	34.61%	32.48%
Operating Margin	8.12%	9.17%	3.64%	10.84%	11.39%	8.76%
Profit Margin	9.39%	7.87%	2.04%	7.55%	9.30%	7.25%
Free Cash Flow Margin	-	-1.68%	4.07%	3.94%	7.82%	6.68%
EBITDA	32,441	34,479	21,739	35,746	35,151	28,666
EBITDA Margin	-	15.49%	10.77%	18.02%	19.02%	16.53%
D&A For EBITDA	13,833	14,077	14,402	14,240	14,099	13,473
EBIT	18,608	20,402	7,337	21,506	21,052	15,193
EBIT Margin	-	9.17%	3.64%	10.84%	11.39%	8.76%
Effective Tax Rate	-	20.12%	42.00%	28.27%	27.24%	28.15%

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