WingArc1st Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Revenue	30,946	28,708	25,752	22,349	19,833
Revenue Growth (YoY)	7.79%	11.48%	15.23%	12.69%	8.47%
Cost of Revenue	8,103	-	-	-	-
Gross Profit	22,842	28,708	25,752	22,349	19,833
Selling, General & Admin	4,549	11,611	10,136	9,329	7,895
Research & Development	3,620	3,300	3,055	2,636	2,446
Other Operating Expenses	5,683	5,532	5,209	4,363	3,431
Operating Expenses	13,852	20,443	18,400	16,328	13,772
Operating Income	8,990	8,265	7,352	6,021	6,061
Interest Expense	-142.51	-81	-88	-102	-118
Interest & Investment Income	192.8	124	100	51	42
Earnings From Equity Investments	47.32	4	-	-	-
Currency Exchange Gain (Loss)	-	-18	-7	-29	3
Other Non Operating Income (Expenses)	-	-51	-50	-83	-84
EBT Excluding Unusual Items	9,088	8,243	7,307	5,858	5,904
Gain (Loss) on Sale of Investments	-	10	-2	3	4
Pretax Income	9,088	8,253	7,305	5,861	5,908
Income Tax Expense	2,609	2,347	1,926	1,496	1,556
Earnings From Continuing Operations	6,479	5,906	5,379	4,365	4,352
Net Income to Company	6,479	5,906	5,379	4,365	4,352
Minority Interest in Earnings	21.34	23	32	36	-
Net Income	6,500	5,929	5,411	4,401	4,352
Net Income to Common	6,500	5,929	5,411	4,401	4,352
Net Income Growth	9.63%	9.57%	22.95%	1.13%	77.49%
Shares Outstanding (Basic)	35	34	34	34	33
Shares Outstanding (Diluted)	35	35	35	35	34
Shares Change (YoY)	0.26%	0.23%	0.47%	0.31%	11.51%
EPS (Basic)	187.58	171.95	158.04	129.54	132.28
EPS (Diluted)	186.51	170.57	156.03	127.49	126.48
EPS Growth	9.35%	9.32%	22.39%	0.80%	59.20%
Free Cash Flow	7,016	7,806	7,352	6,777	6,335
Free Cash Flow Per Share	201.30	224.55	211.99	196.32	184.08
Dividend Per Share	104.000	104.000	78.700	43.100	42.600
Dividend Growth	-	32.15%	82.60%	1.17%	77.50%
Gross Margin	73.81%	100.00%	100.00%	100.00%	100.00%
Operating Margin	29.05%	28.79%	28.55%	26.94%	30.56%
Profit Margin	21.00%	20.65%	21.01%	19.69%	21.94%
Free Cash Flow Margin	22.67%	27.19%	28.55%	30.32%	31.94%
EBITDA	10,799	10,029	8,964	7,511	7,599
EBITDA Margin	34.90%	34.94%	34.81%	33.61%	38.31%
D&A For EBITDA	1,809	1,764	1,612	1,490	1,538
EBIT	8,990	8,265	7,352	6,021	6,061
EBIT Margin	29.05%	28.79%	28.55%	26.94%	30.56%
Effective Tax Rate	28.71%	28.44%	26.37%	25.52%	26.34%

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