Unite and Grow Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	2,783	2,667	2,335	2,075	1,732	1,624
Revenue Growth (YoY)	18.88%	14.22%	12.53%	19.80%	6.65%	17.00%
Cost of Revenue	1,414	1,362	1,216	1,061	927	862
Gross Profit	1,369	1,305	1,119	1,014	805	762
Selling, General & Admin	958	913	795	724	588	556
Operating Expenses	958	913	795	724	588	556
Operating Income	411	392	324	290	217	206
Other Non Operating Income (Expenses)	-	-1	-1	3	-1	-16
EBT Excluding Unusual Items	411	391	323	293	216	190
Asset Writedown	-	-	-	-8	-	-
Other Unusual Items	29	29	-	3	-	-
Pretax Income	440	420	323	288	216	190
Income Tax Expense	119	115	85	90	57	57
Net Income to Company	-	305	238	198	159	133
Net Income	321	305	238	198	159	133
Net Income to Common	321	305	238	198	159	133
Net Income Growth	45.91%	28.15%	20.20%	24.53%	19.55%	8.13%
Shares Outstanding (Basic)	8	8	8	7	7	6
Shares Outstanding (Diluted)	8	8	8	8	8	7
Shares Change (YoY)	0.31%	-0.02%	0.33%	0.34%	20.68%	17.17%
EPS (Basic)	40.99	38.98	31.11	26.89	21.86	22.72
EPS (Diluted)	40.46	38.52	30.03	25.07	20.20	20.50
EPS Growth	45.63%	28.27%	19.80%	24.11%	-1.49%	-7.05%
Free Cash Flow	-	368	212	379	234	258
Free Cash Flow Per Share	-	46.38	26.71	47.91	29.68	39.49
Dividend Per Share	11.000	11.000	8.000	6.000	3.000	2.000
Dividend Growth	37.50%	37.50%	33.33%	100.00%	50.00%	-
Gross Margin	49.19%	48.93%	47.92%	48.87%	46.48%	46.92%
Operating Margin	14.77%	14.70%	13.88%	13.98%	12.53%	12.68%
Profit Margin	11.53%	11.44%	10.19%	9.54%	9.18%	8.19%
Free Cash Flow Margin	-	13.80%	9.08%	18.27%	13.51%	15.89%
EBITDA	430	410	338	309	240	225
EBITDA Margin	15.45%	15.37%	14.47%	14.89%	13.86%	13.86%
D&A For EBITDA	19	18	14	19	23	19
EBIT	411	392	324	290	217	206
EBIT Margin	14.77%	14.70%	13.88%	13.98%	12.53%	12.68%
Effective Tax Rate	27.05%	27.38%	26.32%	31.25%	26.39%	30.00%

Updated May 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.