TYO:4673 Income Statement

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2010	FY 2009
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '10 Nov 30, 2010	Nov '09 Nov 30, 2009
Revenue	12,708	9,559	9,292	6,750	6,155
Revenue Growth (YoY)	32.94%	2.87%	37.65%	9.68%	-18.07%
Cost of Revenue	9,528	6,896	6,950	4,874	4,273
Gross Profit	3,180	2,663	2,342	1,876	1,882
Selling, General & Admin	2,514	2,243	2,218	1,797	1,842
Research & Development	-	-	-	26.5	19.92
Operating Expenses	2,514	2,232	2,226	1,882	1,894
Operating Income	666	431	116	-5.72	-12.55
Interest Expense	-43	-32	-31	-24.55	-23.45
Interest & Investment Income	19	19	17	7.8	7.56
Other Non Operating Income (Expenses)	95	102	88	104.03	124.62
EBT Excluding Unusual Items	737	520	190	81.56	96.17
Gain (Loss) on Sale of Investments	158	51	78	-2.34	-9.14
Asset Writedown	-	-	-	-5.85	-0.19
Pretax Income	895	571	268	80.85	146.92
Income Tax Expense	275	218	111	50.54	98.62
Net Income	620	353	157	30.31	48.3
Net Income to Common	620	353	157	30.31	48.3
Net Income Growth	75.64%	124.84%	417.93%	-37.23%	-49.27%
Shares Outstanding (Basic)	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1
Shares Change (YoY)	0.10%	0.13%	-2.69%	0.38%	-1.76%
EPS (Basic)	710.89	405.16	180.42	33.90	54.21
EPS (Diluted)	710.89	405.16	180.42	33.90	54.21
EPS Growth	75.46%	124.56%	432.25%	-37.47%	-48.36%
Free Cash Flow	-1,576	725	321	-376.33	-115.01
Free Cash Flow Per Share	-1807.03	832.13	368.89	-420.85	-129.10
Dividend Per Share	145.000	50.000	50.000	50.000	50.000
Dividend Growth	190.00%	-	-	-	-
Gross Margin	25.02%	27.86%	25.20%	27.79%	30.58%
Operating Margin	5.24%	4.51%	1.25%	-0.08%	-0.20%
Profit Margin	4.88%	3.69%	1.69%	0.45%	0.78%
Free Cash Flow Margin	-12.40%	7.58%	3.45%	-5.58%	-1.87%
EBITDA	853	628	312	94.87	66.85
EBITDA Margin	6.71%	6.57%	3.36%	1.41%	1.09%
D&A For EBITDA	187	197	196	100.59	79.4
EBIT	666	431	116	-5.72	-12.55
EBIT Margin	5.24%	4.51%	1.25%	-0.08%	-0.20%
Effective Tax Rate	30.73%	38.18%	41.42%	62.51%	67.13%

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