PORTERS 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 2018	FY 2017
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Revenue	2,207	2,137	1,923	1,587	863.19	711.36
Revenue Growth (YoY)	12.43%	11.13%	21.17%	83.85%	21.34%	15.32%
Cost of Revenue	576	536	446	315	342.11	212.15
Gross Profit	1,631	1,601	1,477	1,272	521.08	499.21
Selling, General & Admin	1,114	1,113	975	791	-	-
Research & Development	106	106	87	102	-	-
Amortization of Goodwill & Intangibles	20	20	20	-	-	-
Other Operating Expenses	-	-	-	-	468.79	390.74
Operating Expenses	1,243	1,242	1,085	895	468.79	392.49
Operating Income	388	359	392	377	52.29	106.72
Interest Expense	-	-	-	-	-6.88	-2.74
Interest & Investment Income	1	1	-	-	-	-
Currency Exchange Gain (Loss)	11	7	-3	1	-	-
Other Non Operating Income (Expenses)	2	1	-1	-	-2.3	0.51
EBT Excluding Unusual Items	402	368	388	378	43.12	104.5
Gain (Loss) on Sale of Investments	-55	-55	-1	-	-	-
Asset Writedown	-66	-66	-	-	-	-
Other Unusual Items	-1	-1	-	-	-	-
Pretax Income	280	246	387	378	43.12	104.5
Income Tax Expense	163	156	160	111	10.51	21.17
Earnings From Continuing Operations	117	90	227	267	32.6	83.33
Net Income to Company	-	90	227	267	-	-
Minority Interest in Earnings	31	39	41	-	-	-
Net Income	148	129	268	267	32.6	83.33
Net Income to Common	148	129	268	267	32.6	83.33
Net Income Growth	-40.08%	-51.87%	0.38%	718.92%	-60.87%	-42.17%
Shares Outstanding (Basic)	2	2	2	2	-	-
Shares Outstanding (Diluted)	2	2	2	2	-	-
Shares Change (YoY)	1.33%	0.50%	0.45%	-	-	-
EPS (Basic)	91.40	80.10	168.22	169.91	-	-
EPS (Diluted)	87.28	76.37	159.37	159.89	-	-
EPS Growth	-40.81%	-52.08%	-0.33%	-	-	-
Free Cash Flow	-	144	-93	298	-	-
Free Cash Flow Per Share	-	85.17	-55.28	177.95	-	-
Gross Margin	73.90%	74.92%	76.81%	80.15%	60.37%	70.18%
Operating Margin	17.58%	16.80%	20.39%	23.76%	6.06%	15.00%
Profit Margin	6.71%	6.04%	13.94%	16.82%	3.78%	11.71%
Free Cash Flow Margin	-	6.74%	-4.84%	18.78%	-	-
EBITDA	420.25	390	418	385	-	108.47
EBITDA Margin	19.04%	18.25%	21.74%	24.26%	-	15.25%
D&A For EBITDA	32.25	31	26	8	-	-
EBIT	388	359	392	377	52.29	106.72
EBIT Margin	17.58%	16.80%	20.39%	23.76%	6.06%	15.00%
Effective Tax Rate	58.21%	63.41%	41.34%	29.37%	-	-
Advertising Expenses	-	129	124	93	-	-

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