Base Co., Ltd. Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	21,787	20,230	18,708	17,045	13,293
Revenue Growth (YoY)	7.70%	8.14%	9.76%	28.23%	7.20%
Cost of Revenue	14,740	13,771	12,883	12,134	9,399
Gross Profit	7,047	6,459	5,825	4,911	3,894
Selling, General & Admin	1,116	1,061	969	862	783
Other Operating Expenses	181	171	154	139	110
Operating Expenses	1,297	1,232	1,123	1,001	893
Operating Income	5,750	5,227	4,702	3,910	3,001
Interest Expense	-	-	-	-	-2
Interest & Investment Income	38	26	9	8	6
Currency Exchange Gain (Loss)	5	-18	8	6	-13
Other Non Operating Income (Expenses)	-6	-3	-32	4	5
EBT Excluding Unusual Items	5,787	5,232	4,687	3,928	2,997
Gain (Loss) on Sale of Investments	11	4	5	3	7
Pretax Income	5,798	5,236	4,692	3,931	3,004
Income Tax Expense	1,571	1,347	1,213	1,169	853
Earnings From Continuing Operations	4,227	3,889	3,479	2,762	2,151
Net Income to Company	4,227	3,889	3,479	2,762	2,151
Minority Interest in Earnings	-6	-18	-46	-36	-25
Net Income	4,221	3,871	3,433	2,726	2,126
Net Income to Common	4,221	3,871	3,433	2,726	2,126
Net Income Growth	9.04%	12.76%	25.94%	28.22%	21.97%
Shares Outstanding (Basic)	18	19	18	18	18
Shares Outstanding (Diluted)	19	19	19	19	19
Shares Change (YoY)	-1.61%	-0.38%	-0.04%	0.28%	0.11%
EPS (Basic)	229.26	207.04	187.59	150.89	118.72
EPS (Diluted)	227.46	205.21	181.29	143.88	112.52
EPS Growth	10.84%	13.19%	26.00%	27.87%	21.84%
Free Cash Flow	4,462	3,856	3,243	3,643	1,387
Free Cash Flow Per Share	240.40	204.39	171.24	192.28	73.41
Dividend Per Share	117.000	102.000	92.000	76.000	35.000
Dividend Growth	14.71%	10.87%	21.05%	117.14%	16.67%
Gross Margin	32.34%	31.93%	31.14%	28.81%	29.29%
Operating Margin	26.39%	25.84%	25.13%	22.94%	22.58%
Profit Margin	19.37%	19.13%	18.35%	15.99%	15.99%
Free Cash Flow Margin	20.48%	19.06%	17.34%	21.37%	10.43%
EBITDA	5,766	5,250	4,726	3,943	3,073
EBITDA Margin	26.46%	25.95%	25.26%	23.13%	23.12%
D&A For EBITDA	16	23	24	33	72
EBIT	5,750	5,227	4,702	3,910	3,001
EBIT Margin	26.39%	25.84%	25.13%	22.94%	22.58%
Effective Tax Rate	27.10%	25.73%	25.85%	29.74%	28.39%

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