Otsuka 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	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,352,003	1,322,791	1,107,668	977,370	861,022	851,894
Revenue Growth (YoY)	16.90%	19.42%	13.33%	13.51%	1.07%	1.86%
Cost of Revenue	1,094,360	1,070,616	883,196	773,392	676,853	675,003
Gross Profit	257,643	252,175	224,472	203,978	184,169	176,891
Selling, General & Admin	165,369	154,884	143,367	134,657	123,012	114,912
Operating Expenses	165,369	162,231	150,255	141,013	129,397	121,058
Operating Income	92,274	89,944	74,217	62,965	54,772	55,833
Interest Expense	-72	-67	-55	-41	-43	-44
Interest & Investment Income	901	770	483	398	270	239
Earnings From Equity Investments	903	727	862	825	661	794
Currency Exchange Gain (Loss)	869	572	696	362	335	64
Other Non Operating Income (Expenses)	-896	-422	-273	4	642	679
EBT Excluding Unusual Items	93,979	91,524	75,930	64,513	56,637	57,565
Gain (Loss) on Sale of Investments	-982	-892	-1,912	-71	596	19
Gain (Loss) on Sale of Assets	-	-	-	707	460	886
Asset Writedown	-175	-175	-179	-271	-1,185	-276
Other Unusual Items	2	-5	-	14	-	-6
Pretax Income	92,824	90,452	73,839	64,892	56,508	58,188
Income Tax Expense	25,407	25,254	19,614	16,804	15,998	17,718
Earnings From Continuing Operations	67,417	65,198	54,225	48,088	40,510	40,470
Minority Interest in Earnings	-917	-895	-744	-640	-488	-543
Net Income	66,500	64,303	53,481	47,448	40,022	39,927
Net Income to Common	66,500	64,303	53,481	47,448	40,022	39,927
Net Income Growth	18.13%	20.23%	12.72%	18.55%	0.24%	1.57%
Shares Outstanding (Basic)	379	379	379	379	379	379
Shares Outstanding (Diluted)	381	379	379	379	379	379
Shares Change (YoY)	0.38%	-	-	-	-	-
EPS (Basic)	175.37	169.57	141.04	125.13	105.54	105.29
EPS (Diluted)	174.70	169.10	141.04	125.13	105.54	105.29
EPS Growth	17.68%	19.90%	12.72%	18.55%	0.24%	1.57%
Free Cash Flow	112,129	87,846	34,494	67,659	27,947	52,670
Free Cash Flow Per Share	294.57	231.66	90.97	178.43	73.70	138.90
Dividend Per Share	90.000	90.000	75.000	67.500	62.500	57.500
Dividend Growth	20.00%	20.00%	11.11%	8.00%	8.70%	-
Gross Margin	19.06%	19.06%	20.27%	20.87%	21.39%	20.76%
Operating Margin	6.83%	6.80%	6.70%	6.44%	6.36%	6.55%
Profit Margin	4.92%	4.86%	4.83%	4.86%	4.65%	4.69%
Free Cash Flow Margin	8.29%	6.64%	3.11%	6.92%	3.25%	6.18%
EBITDA	101,954	99,284	82,651	70,899	63,062	63,815
EBITDA Margin	7.54%	7.51%	7.46%	7.25%	7.32%	7.49%
D&A For EBITDA	9,680	9,340	8,434	7,934	8,290	7,982
EBIT	92,274	89,944	74,217	62,965	54,772	55,833
EBIT Margin	6.83%	6.80%	6.70%	6.44%	6.36%	6.55%
Effective Tax Rate	27.37%	27.92%	26.56%	25.90%	28.31%	30.45%

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