Yamax 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	26,368	23,469	20,807	18,031	15,771	18,576
Revenue Growth (YoY)	15.55%	12.79%	15.40%	14.33%	-15.10%	14.18%
Cost of Revenue	19,610	16,901	15,555	13,952	12,277	14,913
Gross Profit	6,758	6,568	5,252	4,079	3,494	3,663
Selling, General & Admin	3,945	3,830	3,427	3,246	2,957	3,028
Operating Expenses	3,944	3,829	3,427	3,246	2,956	3,026
Operating Income	2,814	2,739	1,825	833	538	637
Interest Expense	-22	-18	-17	-17	-16	-19
Interest & Investment Income	15	12	10	9	8	9
Other Non Operating Income (Expenses)	28	25	27	25	12	33
EBT Excluding Unusual Items	2,835	2,758	1,845	850	542	660
Gain (Loss) on Sale of Assets	6	-26	-11	-20	-6	-7
Pretax Income	2,841	2,732	1,834	830	536	653
Income Tax Expense	808	764	538	293	171	213
Earnings From Continuing Operations	2,033	1,968	1,296	537	365	440
Minority Interest in Earnings	2	1	1	3	-1	2
Net Income	2,035	1,969	1,297	540	364	442
Net Income to Common	2,035	1,969	1,297	540	364	442
Net Income Growth	4.57%	51.81%	140.19%	48.35%	-17.65%	95.58%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	0.35%	0.43%	0.13%	0.20%	-1.50%	-0.83%
EPS (Basic)	209.95	203.54	134.64	56.13	37.91	45.34
EPS (Diluted)	209.95	203.54	134.64	56.13	37.91	45.34
EPS Growth	4.21%	51.17%	139.89%	48.06%	-16.39%	97.22%
Free Cash Flow	-	745	885	14	-120	718
Free Cash Flow Per Share	-	77.01	91.87	1.46	-12.50	73.66
Dividend Per Share	58.000	58.000	40.000	13.500	10.000	10.000
Dividend Growth	45.00%	45.00%	196.30%	35.00%	-	66.67%
Gross Margin	25.63%	27.99%	25.24%	22.62%	22.16%	19.72%
Operating Margin	10.67%	11.67%	8.77%	4.62%	3.41%	3.43%
Profit Margin	7.72%	8.39%	6.23%	3.00%	2.31%	2.38%
Free Cash Flow Margin	-	3.17%	4.25%	0.08%	-0.76%	3.86%
EBITDA	3,223	3,122	2,173	1,185	909	999
EBITDA Margin	12.22%	13.30%	10.44%	6.57%	5.76%	5.38%
D&A For EBITDA	409.25	383	348	352	371	362
EBIT	2,814	2,739	1,825	833	538	637
EBIT Margin	10.67%	11.67%	8.77%	4.62%	3.41%	3.43%
Effective Tax Rate	28.44%	27.96%	29.34%	35.30%	31.90%	32.62%

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