F&M Co.,Ltd. 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	19,760	17,066	14,861	12,699	10,875	8,164
Revenue Growth (YoY)	20.72%	14.84%	17.03%	16.77%	33.21%	7.95%
Cost of Revenue	6,353	5,474	5,071	4,006	3,526	2,562
Gross Profit	13,407	11,592	9,790	8,693	7,349	5,602
Selling, General & Admin	9,928	8,852	7,616	6,095	5,094	4,381
Operating Expenses	9,951	8,875	7,662	6,091	5,105	4,383
Operating Income	3,456	2,717	2,128	2,602	2,244	1,219
Interest & Investment Income	27	18	9	7	8	9
Other Non Operating Income (Expenses)	7	6	7	11	5	8
EBT Excluding Unusual Items	3,490	2,741	2,144	2,620	2,257	1,236
Gain (Loss) on Sale of Investments	-	-	89	-	-	-
Asset Writedown	-	-	-	-	-	-3
Other Unusual Items	-	1	-	-	1	-
Pretax Income	3,490	2,742	2,233	2,620	2,258	1,233
Income Tax Expense	1,146	928	624	739	710	390
Earnings From Continuing Operations	2,344	1,814	1,609	1,881	1,548	843
Net Income	2,344	1,814	1,609	1,881	1,548	843
Net Income to Common	2,344	1,814	1,609	1,881	1,548	843
Net Income Growth	39.03%	12.74%	-14.46%	21.51%	83.63%	26.96%
Shares Outstanding (Basic)	15	15	15	15	15	14
Shares Outstanding (Diluted)	15	15	15	15	15	15
Shares Change (YoY)	0.95%	0.76%	-	0.03%	0.28%	0.13%
EPS (Basic)	158.46	123.37	110.26	128.90	106.22	58.30
EPS (Diluted)	158.46	123.37	110.26	128.90	106.13	57.98
EPS Growth	37.73%	11.89%	-14.46%	21.45%	83.05%	26.82%
Free Cash Flow	-	3,546	2,898	2,806	2,703	1,572
Free Cash Flow Per Share	-	241.17	198.59	192.29	185.29	108.06
Dividend Per Share	20.000	40.000	38.000	34.000	30.000	28.000
Dividend Growth	-48.72%	5.26%	11.77%	13.33%	7.14%	3.70%
Gross Margin	67.85%	67.92%	65.88%	68.45%	67.58%	68.62%
Operating Margin	17.49%	15.92%	14.32%	20.49%	20.63%	14.93%
Profit Margin	11.86%	10.63%	10.83%	14.81%	14.23%	10.33%
Free Cash Flow Margin	-	20.78%	19.50%	22.10%	24.86%	19.25%
EBITDA	5,338	4,348	3,424	3,566	2,997	1,745
EBITDA Margin	27.02%	25.48%	23.04%	28.08%	27.56%	21.37%
D&A For EBITDA	1,882	1,631	1,296	964	753	526
EBIT	3,456	2,717	2,128	2,602	2,244	1,219
EBIT Margin	17.49%	15.92%	14.32%	20.49%	20.63%	14.93%
Effective Tax Rate	32.84%	33.84%	27.94%	28.21%	31.44%	31.63%
Advertising Expenses	-	-	-	-	-	478

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.