TYO:4596 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	21.34	27	39	8	-
Revenue Growth (YoY)	-20.98%	-30.77%	387.50%	-	-
Cost of Revenue	336.68	5	12	5	-
Gross Profit	-315.35	22	27	3	-
Selling, General & Admin	542.99	711	633	602	604
Research & Development	-	543	788	1,512	2,040
Other Operating Expenses	36.52	1	110	-	-
Operating Expenses	579.51	1,255	1,531	2,114	2,644
Operating Income	-894.86	-1,233	-1,504	-2,111	-2,644
Interest Expense	-0.87	-7	-9	-11	-18
Interest & Investment Income	1.85	5	13	18	11
Other Non Operating Income (Expenses)	-0.25	15	11	89	35
EBT Excluding Unusual Items	-894.13	-1,220	-1,489	-2,015	-2,616
Gain (Loss) on Sale of Assets	-	-56	-	-	-
Asset Writedown	-	-56	-	-	-
Other Unusual Items	217.87	-	-	-	-
Pretax Income	-676.25	-1,332	-1,489	-2,015	-2,616
Net Income	-676.25	-1,332	-1,489	-2,015	-2,616
Net Income to Common	-676.25	-1,332	-1,489	-2,015	-2,616
Shares Outstanding (Basic)	64	56	56	49	46
Shares Outstanding (Diluted)	64	56	56	49	46
Shares Change (YoY)	13.32%	1.35%	12.85%	8.19%	6.30%
EPS (Basic)	-10.59	-23.64	-26.78	-40.90	-57.45
EPS (Diluted)	-10.59	-23.65	-26.79	-40.92	-57.46
Free Cash Flow	-593.63	-1,244	-1,401	-2,143	-2,521
Free Cash Flow Per Share	-9.30	-22.08	-25.20	-43.50	-55.36
Gross Margin	-	81.48%	69.23%	37.50%	-
Operating Margin	-4194.31%	-4566.67%	-3856.41%	-26387.50%	-
Profit Margin	-3169.69%	-4933.33%	-3817.95%	-25187.50%	-
Free Cash Flow Margin	-2782.43%	-4607.41%	-3592.31%	-26787.50%	-
EBITDA	-829.21	-1,168	-1,417	-2,053	-2,585
D&A For EBITDA	65.65	65	87	58	59
EBIT	-894.86	-1,233	-1,504	-2,111	-2,644

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.