Yamada Servicer Synthetic Office (TYO:4351)

TYO:4351 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2,280	2,290	2,483	2,388	2,188
Revenue Growth (YoY)	-0.44%	-7.77%	3.98%	9.14%	4.44%
Cost of Revenue	1,586	1,633	1,809	1,736	1,486
Gross Profit	694	657	674	652	702
Selling, General & Admin	620	529	512	527	548
Operating Expenses	620	621	591	598	606
Operating Income	74	36	83	54	96
Interest Expense	-33	-37	-18	-20	-23
Interest & Investment Income	16	14	8	18	23
Earnings From Equity Investments	-	-	-	-	-27
Other Non Operating Income (Expenses)	31	92	92	33	26
EBT Excluding Unusual Items	88	105	165	85	95
Gain (Loss) on Sale of Investments	-	-	-20	-	-
Gain (Loss) on Sale of Assets	8	-	10	-	-
Other Unusual Items	-	-	-1	-	-
Pretax Income	96	105	154	85	95
Income Tax Expense	25	56	34	9	-49
Earnings From Continuing Operations	71	49	120	76	144
Net Income	71	49	120	76	144
Net Income to Common	71	49	120	76	144
Net Income Growth	44.90%	-59.17%	57.89%	-47.22%	-
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
Shares Change (YoY)	-	-	-	-0.00%	-
EPS (Basic)	16.67	11.50	28.17	17.84	33.81
EPS (Diluted)	16.67	11.50	28.17	17.84	33.81
EPS Growth	44.90%	-59.17%	57.89%	-47.22%	-
Free Cash Flow	1,406	621	-1,797	394	-439
Free Cash Flow Per Share	330.08	145.79	-421.87	92.50	-103.06
Dividend Per Share	10.000	10.000	10.000	10.000	10.000
Gross Margin	30.44%	28.69%	27.15%	27.30%	32.08%
Operating Margin	3.25%	1.57%	3.34%	2.26%	4.39%
Profit Margin	3.11%	2.14%	4.83%	3.18%	6.58%
Free Cash Flow Margin	61.67%	27.12%	-72.37%	16.50%	-20.06%
EBITDA	108	71	116	82	126
EBITDA Margin	4.74%	3.10%	4.67%	3.43%	5.76%
D&A For EBITDA	34	35	33	28	30
EBIT	74	36	83	54	96
EBIT Margin	3.25%	1.57%	3.34%	2.26%	4.39%
Effective Tax Rate	26.04%	53.33%	22.08%	10.59%	-

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