Taiyo Holdings Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	132,070	119,010	104,775	97,338	97,966	80,991
Revenue Growth (YoY)	12.48%	13.59%	7.64%	-0.64%	20.96%	14.67%
Cost of Revenue	68,452	62,823	55,944	54,547	55,099	46,125
Gross Profit	63,618	56,187	48,831	42,791	42,867	34,866
Selling, General & Admin	34,998	23,910	20,914	19,869	18,778	15,490
Research & Development	-	6,960	5,933	4,275	3,436	3,152
Operating Expenses	34,998	34,119	30,627	26,818	24,908	20,922
Operating Income	28,620	22,068	18,204	15,973	17,959	13,944
Interest Expense	-505	-730	-664	-473	-261	-228
Interest & Investment Income	301	322	262	209	88	115
Currency Exchange Gain (Loss)	-554	-55	-175	-242	-158	-118
Other Non Operating Income (Expenses)	-329	204	-317	73	739	195
EBT Excluding Unusual Items	27,533	21,809	17,310	15,540	18,367	13,908
Gain (Loss) on Sale of Investments	516	-	-416	-	-199	-246
Gain (Loss) on Sale of Assets	723	-	-	-78	-109	-90
Asset Writedown	-7,010	-7,243	-4,792	-	-1,102	-199
Other Unusual Items	-824	-	-	-	-	-
Pretax Income	20,938	14,566	12,102	15,462	16,957	13,373
Income Tax Expense	5,676	3,786	3,449	4,057	4,960	3,777
Earnings From Continuing Operations	15,262	10,780	8,653	11,405	11,997	9,596
Minority Interest in Earnings	-	-	1	-	-194	-67
Net Income	15,262	10,780	8,654	11,405	11,803	9,529
Net Income to Common	15,262	10,780	8,654	11,405	11,803	9,529
Net Income Growth	33.61%	24.57%	-24.12%	-3.37%	23.86%	154.17%
Shares Outstanding (Basic)	111	112	112	112	113	114
Shares Outstanding (Diluted)	111	112	112	112	113	114
Shares Change (YoY)	-0.57%	-0.12%	-0.21%	-0.80%	-0.80%	0.13%
EPS (Basic)	137.30	96.59	77.44	101.85	104.56	83.74
EPS (Diluted)	137.30	96.59	77.44	101.85	104.56	83.74
EPS Growth	34.37%	24.72%	-23.96%	-2.59%	24.86%	153.83%
Free Cash Flow	-	17,401	9,642	11,069	9,174	12,232
Free Cash Flow Per Share	-	155.91	86.28	98.85	81.27	107.49
Dividend Per Share	157.500	95.000	40.000	37.000	34.775	32.550
Dividend Growth	284.15%	137.50%	8.11%	6.40%	6.84%	-
Gross Margin	48.17%	47.21%	46.61%	43.96%	43.76%	43.05%
Operating Margin	21.67%	18.54%	17.37%	16.41%	18.33%	17.22%
Profit Margin	11.56%	9.06%	8.26%	11.72%	12.05%	11.77%
Free Cash Flow Margin	-	14.62%	9.20%	11.37%	9.36%	15.10%
EBITDA	38,767	31,709	27,170	23,748	25,943	21,421
EBITDA Margin	29.35%	26.64%	25.93%	24.40%	26.48%	26.45%
D&A For EBITDA	10,147	9,641	8,966	7,775	7,984	7,477
EBIT	28,620	22,068	18,204	15,973	17,959	13,944
EBIT Margin	21.67%	18.54%	17.37%	16.41%	18.33%	17.22%
Effective Tax Rate	27.11%	25.99%	28.50%	26.24%	29.25%	28.24%

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