NOF Corporation Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	257,967	238,310	222,252	217,709	192,642
Revenue Growth (YoY)	8.25%	7.22%	2.09%	13.01%	11.58%
Cost of Revenue	168,874	153,156	142,762	141,766	123,713
Gross Profit	89,093	85,154	79,490	75,943	68,929
Selling, General & Admin	41,760	32,810	31,025	29,621	28,170
Research & Development	-	7,031	6,333	5,697	5,182
Operating Expenses	41,760	39,845	37,348	35,318	33,333
Operating Income	47,333	45,309	42,142	40,625	35,596
Interest Expense	-145	-137	-129	-80	-60
Interest & Investment Income	1,621	1,693	1,507	1,371	1,130
Currency Exchange Gain (Loss)	823	-319	1,532	793	681
Other Non Operating Income (Expenses)	467	24	524	474	275
EBT Excluding Unusual Items	50,099	46,570	45,576	43,183	37,622
Gain (Loss) on Sale of Investments	7,131	3,650	2,605	4,874	19
Gain (Loss) on Sale of Assets	-219	446	1	7	1,154
Asset Writedown	-230	-110	-126	-24	-799
Other Unusual Items	62	221	411	-	-20
Pretax Income	57,329	50,777	48,467	48,040	37,976
Income Tax Expense	16,672	14,173	14,407	14,025	11,255
Earnings From Continuing Operations	40,657	36,604	34,060	34,015	26,721
Minority Interest in Earnings	-107	-107	-70	-42	-31
Net Income	40,550	36,497	33,990	33,973	26,690
Net Income to Common	40,550	36,497	33,990	33,973	26,690
Net Income Growth	11.11%	7.38%	0.05%	27.29%	14.54%
Shares Outstanding (Basic)	230	237	241	244	247
Shares Outstanding (Diluted)	230	237	241	244	247
Shares Change (YoY)	-3.05%	-1.49%	-1.49%	-1.18%	-0.77%
EPS (Basic)	176.34	153.88	141.17	139.01	107.92
EPS (Diluted)	176.34	153.88	141.17	139.01	107.92
EPS Growth	14.60%	9.00%	1.56%	28.80%	15.43%
Free Cash Flow	21,474	12,639	12,222	17,114	19,977
Free Cash Flow Per Share	93.39	53.29	50.76	70.02	80.78
Dividend Per Share	61.000	45.000	38.000	36.000	30.000
Dividend Growth	35.56%	18.42%	5.56%	20.00%	12.50%
Gross Margin	34.54%	35.73%	35.77%	34.88%	35.78%
Operating Margin	18.35%	19.01%	18.96%	18.66%	18.48%
Profit Margin	15.72%	15.32%	15.29%	15.60%	13.86%
Free Cash Flow Margin	8.32%	5.30%	5.50%	7.86%	10.37%
EBITDA	69,449	53,274	49,081	46,984	41,505
EBITDA Margin	26.92%	22.36%	22.08%	21.58%	21.55%
D&A For EBITDA	22,116	7,965	6,939	6,359	5,909
EBIT	47,333	45,309	42,142	40,625	35,596
EBIT Margin	18.35%	19.01%	18.96%	18.66%	18.48%
Effective Tax Rate	29.08%	27.91%	29.73%	29.19%	29.64%

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