Nicca Chemical 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	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	55,840	54,099	50,169	50,627	48,474	41,179
Revenue Growth (YoY)	6.99%	7.83%	-0.91%	4.44%	17.71%	-10.85%
Cost of Revenue	35,797	34,807	33,652	34,456	32,431	27,410
Gross Profit	20,043	19,292	16,517	16,171	16,043	13,769
Selling, General & Admin	13,727	13,368	12,314	11,479	11,597	10,484
Research & Development	2,404	2,404	2,162	2,064	1,992	1,868
Operating Expenses	16,131	15,772	14,476	13,543	13,589	12,352
Operating Income	3,912	3,520	2,041	2,628	2,454	1,417
Interest Expense	-96	-41	-31	-35	-43	-65
Interest & Investment Income	165	134	96	71	72	68
Earnings From Equity Investments	21	18	7	41	27	27
Currency Exchange Gain (Loss)	-41	147	123	208	109	-74
Other Non Operating Income (Expenses)	-160	103	363	260	86	271
EBT Excluding Unusual Items	3,801	3,881	2,599	3,173	2,705	1,644
Gain (Loss) on Sale of Investments	-	-	-	-7	65	9
Gain (Loss) on Sale of Assets	137	4	5	23	607	4
Asset Writedown	92	91	-79	-43	-10	-21
Other Unusual Items	-73	-73	-2	122	93	133
Pretax Income	3,957	3,903	2,523	3,268	3,460	1,769
Income Tax Expense	1,130	875	648	1,007	738	600
Earnings From Continuing Operations	2,827	3,028	1,875	2,261	2,722	1,169
Minority Interest in Earnings	-308	-274	-184	-147	-127	-125
Net Income	2,519	2,754	1,691	2,114	2,595	1,044
Net Income to Common	2,519	2,754	1,691	2,114	2,595	1,044
Net Income Growth	-0.08%	62.86%	-20.01%	-18.54%	148.56%	16.00%
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16	16
Shares Change (YoY)	0.22%	0.14%	0.15%	0.15%	0.13%	0.13%
EPS (Basic)	158.97	174.12	107.06	134.03	164.77	66.37
EPS (Diluted)	158.97	174.12	107.06	134.03	164.77	66.37
EPS Growth	-0.30%	62.64%	-20.13%	-18.65%	148.25%	15.85%
Free Cash Flow	-	2,407	2,938	970	3,279	5,145
Free Cash Flow Per Share	-	152.18	186.01	61.50	208.20	327.10
Dividend Per Share	57.000	52.000	32.000	30.000	22.000	10.000
Dividend Growth	39.02%	62.50%	6.67%	36.36%	120.00%	-37.50%
Gross Margin	35.89%	35.66%	32.92%	31.94%	33.10%	33.44%
Operating Margin	7.01%	6.51%	4.07%	5.19%	5.06%	3.44%
Profit Margin	4.51%	5.09%	3.37%	4.18%	5.35%	2.54%
Free Cash Flow Margin	-	4.45%	5.86%	1.92%	6.76%	12.49%
EBITDA	6,102	5,744	4,310	5,045	4,954	4,187
EBITDA Margin	10.93%	10.62%	8.59%	9.96%	10.22%	10.17%
D&A For EBITDA	2,190	2,224	2,269	2,417	2,500	2,770
EBIT	3,912	3,520	2,041	2,628	2,454	1,417
EBIT Margin	7.01%	6.51%	4.07%	5.19%	5.06%	3.44%
Effective Tax Rate	28.56%	22.42%	25.68%	30.81%	21.33%	33.92%

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