True Data 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	1,870	1,554	1,593	1,440	1,313
Revenue Growth (YoY)	20.34%	-2.45%	10.63%	9.67%	12.61%
Cost of Revenue	821	659	679	676	665
Gross Profit	1,049	895	914	764	648
Selling, General & Admin	947	833	840	681	622
Operating Expenses	947	846	850	688	626
Operating Income	102	49	64	76	22
Interest & Investment Income	1	-	-	-	-
Other Non Operating Income (Expenses)	4	-1	-2	-4	-
EBT Excluding Unusual Items	107	48	62	72	22
Gain (Loss) on Sale of Investments	-5	-26	-	-36	-
Pretax Income	102	22	62	36	22
Income Tax Expense	22	9	2	3	7
Net Income to Company	80	13	60	33	15
Net Income	80	13	60	33	15
Net Income to Common	80	13	60	33	15
Net Income Growth	515.38%	-78.33%	81.82%	120.00%	-
Shares Outstanding (Basic)	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5
Shares Change (YoY)	1.08%	0.08%	1.86%	4.15%	1.59%
EPS (Basic)	16.53	2.71	12.68	7.03	3.33
EPS (Diluted)	16.53	2.71	12.54	7.03	3.33
EPS Growth	508.81%	-78.35%	78.49%	111.23%	-
Free Cash Flow	173	22	115	126	132
Free Cash Flow Per Share	35.74	4.59	24.04	26.82	29.27
Gross Margin	56.10%	57.59%	57.38%	53.06%	49.35%
Operating Margin	5.46%	3.15%	4.02%	5.28%	1.68%
Profit Margin	4.28%	0.84%	3.77%	2.29%	1.14%
Free Cash Flow Margin	9.25%	1.42%	7.22%	8.75%	10.05%
EBITDA	167	97	124	201	162
EBITDA Margin	8.93%	6.24%	7.78%	13.96%	12.34%
D&A For EBITDA	65	48	60	125	140
EBIT	102	49	64	76	22
EBIT Margin	5.46%	3.15%	4.02%	5.28%	1.68%
Effective Tax Rate	21.57%	40.91%	3.23%	8.33%	31.82%