NS Group Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	30,559	29,826	26,348	23,902
Revenue Growth (YoY)	-	13.20%	10.23%	-
Gross Profit	25,469	29,826	26,348	23,902
Selling, General & Admin	9,558	14,321	17,879	16,246
Other Operating Expenses	250.5	222	-349	-195
Operating Expenses	15,219	19,953	17,530	16,051
Operating Income	10,250	9,873	8,818	7,851
Interest Expense	-531.5	-517	-435	-1,259
Interest & Investment Income	12	12	407	184
Other Non Operating Income (Expenses)	-6	-6	-	-1
EBT Excluding Unusual Items	9,725	9,362	8,790	6,775
Gain (Loss) on Sale of Assets	3	3	-	-
Pretax Income	9,728	9,365	8,790	6,775
Income Tax Expense	3,029	3,040	3,109	1,669
Net Income	6,699	6,325	5,681	5,106
Net Income to Common	6,699	6,325	5,681	5,106
Net Income Growth	-	11.34%	11.26%	-
Shares Outstanding (Basic)	52	52	52	52
Shares Outstanding (Diluted)	56	56	56	55
Shares Change (YoY)	-	0.13%	1.50%	-
EPS (Basic)	128.43	121.27	108.92	97.90
EPS (Diluted)	120.35	113.66	102.21	93.25
EPS Growth	-	11.20%	9.61%	-
Free Cash Flow	-	8,118	-	-
Free Cash Flow Per Share	-	145.88	-	-
Dividend Per Share	35.000	35.000	-	-
Gross Margin	83.34%	100.00%	100.00%	100.00%
Operating Margin	33.54%	33.10%	33.47%	32.85%
Profit Margin	21.92%	21.21%	21.56%	21.36%
Free Cash Flow Margin	-	27.22%	-	-
EBITDA	-	11,698	-	-
EBITDA Margin	-	39.22%	-	-
D&A For EBITDA	-	1,825	-	-
EBIT	10,250	9,873	8,818	7,851
EBIT Margin	33.54%	33.10%	33.47%	32.85%
Effective Tax Rate	31.14%	32.46%	35.37%	24.64%

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