Nicca Chemical Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	57,527	55,705	54,099	50,169	50,627	48,474
Revenue Growth (YoY)	4.47%	2.97%	7.83%	-0.91%	4.44%	17.71%
Cost of Revenue	36,720	35,507	34,807	33,652	34,456	32,431
Gross Profit	20,807	20,198	19,292	16,517	16,171	16,043
Selling, General & Admin	14,092	13,787	13,368	12,314	11,479	11,597
Research & Development	2,563	2,563	2,404	2,162	2,064	1,992
Operating Expenses	16,655	16,350	15,772	14,476	13,543	13,589
Operating Income	4,152	3,848	3,520	2,041	2,628	2,454
Interest Expense	-155	-124	-41	-31	-35	-43
Interest & Investment Income	168	166	134	96	71	72
Earnings From Equity Investments	25	19	18	7	41	27
Currency Exchange Gain (Loss)	-50	-121	147	123	208	109
Other Non Operating Income (Expenses)	98	60	103	363	260	86
EBT Excluding Unusual Items	4,238	3,848	3,881	2,599	3,173	2,705
Gain (Loss) on Sale of Investments	36	20	-	-	-7	65
Gain (Loss) on Sale of Assets	137	137	4	5	23	607
Asset Writedown	-25	-6	91	-79	-43	-10
Other Unusual Items	1	-	-73	-2	122	93
Pretax Income	4,387	3,999	3,903	2,523	3,268	3,460
Income Tax Expense	1,040	1,303	875	648	1,007	738
Earnings From Continuing Operations	3,347	2,696	3,028	1,875	2,261	2,722
Minority Interest in Earnings	-336	-312	-274	-184	-147	-127
Net Income	3,011	2,384	2,754	1,691	2,114	2,595
Net Income to Common	3,011	2,384	2,754	1,691	2,114	2,595
Net Income Growth	10.37%	-13.44%	62.86%	-20.01%	-18.54%	148.56%
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16	16
Shares Change (YoY)	0.40%	0.31%	0.14%	0.15%	0.15%	0.13%
EPS (Basic)	189.53	150.26	174.12	107.06	134.03	164.77
EPS (Diluted)	189.53	150.26	174.12	107.06	134.03	164.77
EPS Growth	9.94%	-13.70%	62.64%	-20.13%	-18.65%	148.25%
Free Cash Flow	-	-6,365	2,407	2,938	970	3,279
Free Cash Flow Per Share	-	-401.17	152.18	186.01	61.50	208.20
Dividend Per Share	60.000	60.000	52.000	32.000	30.000	22.000
Dividend Growth	15.38%	15.38%	62.50%	6.67%	36.36%	120.00%
Gross Margin	36.17%	36.26%	35.66%	32.92%	31.94%	33.10%
Operating Margin	7.22%	6.91%	6.51%	4.07%	5.19%	5.06%
Profit Margin	5.23%	4.28%	5.09%	3.37%	4.18%	5.35%
Free Cash Flow Margin	-	-11.43%	4.45%	5.86%	1.92%	6.76%
EBITDA	6,256	5,976	5,744	4,310	5,045	4,954
EBITDA Margin	10.88%	10.73%	10.62%	8.59%	9.96%	10.22%
D&A For EBITDA	2,104	2,128	2,224	2,269	2,417	2,500
EBIT	4,152	3,848	3,520	2,041	2,628	2,454
EBIT Margin	7.22%	6.91%	6.51%	4.07%	5.19%	5.06%
Effective Tax Rate	23.71%	32.58%	22.42%	25.68%	30.81%	21.33%

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