Showa System Engineering Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	8,730	8,317	7,960	7,086	6,460
Revenue Growth (YoY)	4.97%	4.49%	12.33%	9.69%	7.43%
Cost of Revenue	7,142	6,839	6,557	5,857	5,384
Gross Profit	1,588	1,478	1,403	1,229	1,076
Selling, General & Admin	544	509	473	457	458
Operating Expenses	563	529	495	465	463
Operating Income	1,025	949	908	764	613
Interest & Investment Income	16	10	9	7	6
Other Non Operating Income (Expenses)	6	3	6	4	3
EBT Excluding Unusual Items	1,047	962	923	775	622
Gain (Loss) on Sale of Investments	30	-	-	-	3
Gain (Loss) on Sale of Assets	-	-	-	4	-
Pretax Income	1,077	962	923	779	625
Income Tax Expense	309	248	263	253	205
Net Income	768	714	660	526	420
Net Income to Common	768	714	660	526	420
Net Income Growth	7.56%	8.18%	25.47%	25.24%	21.74%
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
Shares Change (YoY)	-1.01%	-1.01%	-0.13%	-0.98%	-0.15%
EPS (Basic)	179.39	165.10	151.06	120.23	95.07
EPS (Diluted)	179.39	165.10	151.06	120.23	95.07
EPS Growth	8.66%	9.29%	25.64%	26.47%	21.93%
Free Cash Flow	788	282	767	396	592
Free Cash Flow Per Share	184.06	65.21	175.55	90.52	134.00
Gross Margin	18.19%	17.77%	17.63%	17.34%	16.66%
Operating Margin	11.74%	11.41%	11.41%	10.78%	9.49%
Profit Margin	8.80%	8.58%	8.29%	7.42%	6.50%
Free Cash Flow Margin	9.03%	3.39%	9.64%	5.59%	9.16%
EBITDA	1,048	972	933	776	623
EBITDA Margin	12.01%	11.69%	11.72%	10.95%	9.64%
D&A For EBITDA	23	23	25	12	10
EBIT	1,025	949	908	764	613
EBIT Margin	11.74%	11.41%	11.41%	10.78%	9.49%
Effective Tax Rate	28.69%	25.78%	28.49%	32.48%	32.80%