Accrete Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,238	6,347	5,433	6,190	2,833
Revenue Growth (YoY)	17.61%	16.82%	-12.23%	118.50%	-
Cost of Revenue	5,324	4,786	3,846	3,892	1,690
Gross Profit	1,914	1,561	1,587	2,298	1,143
Selling, General & Admin	1,409	1,204	1,163	1,029	672
Operating Expenses	1,433	1,230	1,277	1,126	677
Operating Income	481	331	310	1,172	466
Interest Expense	-8	-6	-7	-7	-1
Interest & Investment Income	9	1	1	-	-
Currency Exchange Gain (Loss)	6	4	1	10	-3
Other Non Operating Income (Expenses)	-6	2	-	1	-2
EBT Excluding Unusual Items	482	332	305	1,176	460
Gain (Loss) on Sale of Investments	-13	-7	-30	27	-15
Asset Writedown	-439	-439	-236	-	-
Other Unusual Items	-1	-1	-51	-	-
Pretax Income	29	-115	-12	1,203	445
Income Tax Expense	58	-5	13	372	143
Earnings From Continuing Operations	-29	-110	-25	831	302
Minority Interest in Earnings	133	183	58	20	-2
Net Income	104	73	33	851	300
Net Income to Common	104	73	33	851	300
Net Income Growth	-	121.21%	-96.12%	183.67%	-
Shares Outstanding (Basic)	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6
Shares Change (YoY)	11.07%	-0.24%	-3.19%	-0.08%	-
EPS (Basic)	16.70	12.82	5.80	146.43	52.92
EPS (Diluted)	16.52	12.82	5.80	144.20	50.78
EPS Growth	-	120.97%	-95.98%	183.97%	-
Free Cash Flow	-	214	188	975	357
Free Cash Flow Per Share	-	37.52	32.88	165.08	60.40
Dividend Per Share	5.000	-	5.000	10.000	10.000
Dividend Growth	-	-	-50.00%	-	-
Gross Margin	26.44%	24.59%	29.21%	37.12%	40.35%
Operating Margin	6.64%	5.21%	5.71%	18.93%	16.45%
Profit Margin	1.44%	1.15%	0.61%	13.75%	10.59%
Free Cash Flow Margin	-	3.37%	3.46%	15.75%	12.60%
EBITDA	603	468	467	1,310	500
EBITDA Margin	8.33%	7.37%	8.60%	21.16%	17.65%
D&A For EBITDA	122	137	157	138	34
EBIT	481	331	310	1,172	466
EBIT Margin	6.64%	5.21%	5.71%	18.93%	16.45%
Effective Tax Rate	200.00%	-	-	30.92%	32.14%

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