Nippon Seiro Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	19,776	22,045	21,704	38,457	27,918
Revenue Growth (YoY)	-10.29%	1.57%	-43.56%	37.75%	25.56%
Cost of Revenue	16,226	17,470	19,743	37,065	24,354
Gross Profit	3,550	4,575	1,961	1,392	3,564
Selling, General & Admin	2,377	2,329	2,513	3,435	2,976
Operating Expenses	2,377	2,329	2,513	3,435	2,976
Operating Income	1,173	2,246	-552	-2,043	588
Interest Expense	-566	-572	-294	-187	-167
Interest & Investment Income	24	30	8	17	15
Currency Exchange Gain (Loss)	31	-35	47	-80	37
Other Non Operating Income (Expenses)	18	13	5	30	56
EBT Excluding Unusual Items	680	1,682	-786	-2,263	529
Gain (Loss) on Sale of Investments	-	-	142	3	-
Gain (Loss) on Sale of Assets	-	-	29	-	-
Asset Writedown	-68	-28	-156	-	-62
Other Unusual Items	8	5	-573	3	6
Pretax Income	620	1,659	-1,344	-2,257	473
Income Tax Expense	-77	-117	-123	111	29
Net Income	697	1,776	-1,221	-2,368	444
Net Income to Common	697	1,776	-1,221	-2,368	444
Net Income Growth	-60.76%	-	-	-	-
Shares Outstanding (Basic)	20	20	20	20	20
Shares Outstanding (Diluted)	33	34	20	20	20
Shares Change (YoY)	-4.51%	74.30%	-	-	-
EPS (Basic)	35.29	89.93	-61.83	-119.90	22.48
EPS (Diluted)	27.96	58.62	-61.83	-119.90	22.48
EPS Growth	-52.31%	-	-	-	-
Free Cash Flow	3,186	2,792	471	-1,979	-29
Free Cash Flow Per Share	96.93	81.11	23.85	-100.21	-1.47
Dividend Per Share	-	-	-	2.500	2.500
Gross Margin	17.95%	20.75%	9.04%	3.62%	12.77%
Operating Margin	5.93%	10.19%	-2.54%	-5.31%	2.11%
Profit Margin	3.52%	8.06%	-5.63%	-6.16%	1.59%
Free Cash Flow Margin	16.11%	12.67%	2.17%	-5.15%	-0.10%
EBITDA	2,035	3,192	505	-1,065	1,574
EBITDA Margin	10.29%	14.48%	2.33%	-2.77%	5.64%
D&A For EBITDA	862	946	1,057	978	986
EBIT	1,173	2,246	-552	-2,043	588
EBIT Margin	5.93%	10.19%	-2.54%	-5.31%	2.11%
Effective Tax Rate	-	-	-	-	6.13%

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