TYO:4351 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	2,284	2,280	2,290	2,483	2,388	2,188
Revenue Growth (YoY)	5.50%	-0.44%	-7.77%	3.98%	9.14%	4.44%
Cost of Revenue	1,576	1,586	1,633	1,809	1,736	1,486
Gross Profit	708	694	657	674	652	702
Selling, General & Admin	563	545	529	512	527	548
Operating Expenses	638	620	621	591	598	606
Operating Income	70	74	36	83	54	96
Interest Expense	-31	-33	-37	-18	-20	-23
Interest & Investment Income	18	16	14	8	18	23
Earnings From Equity Investments	-	-	-	-	-	-27
Other Non Operating Income (Expenses)	40	31	92	92	33	26
EBT Excluding Unusual Items	97	88	105	165	85	95
Gain (Loss) on Sale of Investments	-	-	-	-20	-	-
Gain (Loss) on Sale of Assets	8	8	-	10	-	-
Other Unusual Items	-	-	-	-1	-	-
Pretax Income	105	96	105	154	85	95
Income Tax Expense	24	25	56	34	9	-49
Earnings From Continuing Operations	81	71	49	120	76	144
Net Income	81	71	49	120	76	144
Net Income to Common	81	71	49	120	76	144
Net Income Growth	-	44.90%	-59.17%	57.89%	-47.22%	-
Shares Outstanding (Basic)	4	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4	4
Shares Change (YoY)	-	-	-	-	-0.00%	-
EPS (Basic)	19.02	16.67	11.50	28.17	17.84	33.81
EPS (Diluted)	19.02	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	10.000
Gross Margin	31.00%	30.44%	28.69%	27.15%	27.30%	32.08%
Operating Margin	3.06%	3.25%	1.57%	3.34%	2.26%	4.39%
Profit Margin	3.55%	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	103.75	108	71	116	82	126
EBITDA Margin	4.54%	4.74%	3.10%	4.67%	3.43%	5.76%
D&A For EBITDA	33.75	34	35	33	28	30
EBIT	70	74	36	83	54	96
EBIT Margin	3.06%	3.25%	1.57%	3.34%	2.26%	4.39%
Effective Tax Rate	22.86%	26.04%	53.33%	22.08%	10.59%	-

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