Taiyo Holdings Co., Ltd. (TYO:4626)

Taiyo Holdings Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	126,941	119,010	104,775	97,338	97,966	80,991
Revenue Growth (YoY)	11.78%	13.59%	7.64%	-0.64%	20.96%	14.67%
Cost of Revenue	67,056	62,823	55,944	54,547	55,099	46,125
Gross Profit	59,885	56,187	48,831	42,791	42,867	34,866
Selling, General & Admin	24,851	23,910	20,914	19,869	18,778	15,490
Research & Development	6,960	6,960	5,933	4,275	3,436	3,152
Operating Expenses	35,060	34,119	30,627	26,818	24,908	20,922
Operating Income	24,825	22,068	18,204	15,973	17,959	13,944
Interest Expense	-541	-730	-664	-473	-261	-228
Interest & Investment Income	279	322	262	209	88	115
Currency Exchange Gain (Loss)	-490	-55	-175	-242	-158	-118
Other Non Operating Income (Expenses)	-120	204	-317	73	739	195
EBT Excluding Unusual Items	23,953	21,809	17,310	15,540	18,367	13,908
Gain (Loss) on Sale of Investments	1,239	-	-416	-	-199	-246
Gain (Loss) on Sale of Assets	-	-	-	-78	-109	-90
Asset Writedown	-7,243	-7,243	-4,792	-	-1,102	-199
Other Unusual Items	-555	-	-	-	-	-
Pretax Income	17,394	14,566	12,102	15,462	16,957	13,373
Income Tax Expense	4,801	3,786	3,449	4,057	4,960	3,777
Earnings From Continuing Operations	12,593	10,780	8,653	11,405	11,997	9,596
Minority Interest in Earnings	-	-	1	-	-194	-67
Net Income	12,593	10,780	8,654	11,405	11,803	9,529
Net Income to Common	12,593	10,780	8,654	11,405	11,803	9,529
Net Income Growth	8.27%	24.57%	-24.12%	-3.37%	23.86%	154.17%
Shares Outstanding (Basic)	56	56	56	56	56	57
Shares Outstanding (Diluted)	56	56	56	56	56	57
Shares Change (YoY)	-0.63%	-0.12%	-0.21%	-0.80%	-0.80%	0.13%
EPS (Basic)	226.50	193.18	154.89	203.70	209.11	167.47
EPS (Diluted)	226.50	193.18	154.89	203.70	209.11	167.47
EPS Growth	8.95%	24.72%	-23.96%	-2.59%	24.86%	153.83%
Free Cash Flow	19,224	17,401	9,642	11,069	9,174	12,232
Free Cash Flow Per Share	345.76	311.82	172.57	197.70	162.54	214.98
Dividend Per Share	150.000	190.000	80.000	74.000	69.550	65.100
Dividend Growth	82.93%	137.50%	8.11%	6.40%	6.84%	-
Gross Margin	47.17%	47.21%	46.61%	43.96%	43.76%	43.05%
Operating Margin	19.56%	18.54%	17.37%	16.41%	18.33%	17.22%
Profit Margin	9.92%	9.06%	8.26%	11.72%	12.05%	11.77%
Free Cash Flow Margin	15.14%	14.62%	9.20%	11.37%	9.36%	15.10%
EBITDA	34,194	31,709	27,170	23,748	25,943	21,421
EBITDA Margin	26.94%	26.64%	25.93%	24.40%	26.48%	26.45%
D&A For EBITDA	9,369	9,641	8,966	7,775	7,984	7,477
EBIT	24,825	22,068	18,204	15,973	17,959	13,944
EBIT Margin	19.56%	18.54%	17.37%	16.41%	18.33%	17.22%
Effective Tax Rate	27.60%	25.99%	28.50%	26.24%	29.25%	28.24%

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