Shinagawa Refra Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	177,738	144,072	144,175	124,963	110,784
Revenue Growth (YoY)	23.37%	-0.07%	15.37%	12.80%	10.82%
Cost of Revenue	134,748	108,928	111,142	97,550	86,227
Gross Profit	42,990	35,144	33,033	27,413	24,557
Selling, General & Admin	29,380	21,865	19,144	16,568	14,449
Operating Expenses	29,380	21,865	19,144	16,568	14,449
Operating Income	13,610	13,279	13,889	10,845	10,108
Interest Expense	-1,342	-477	-219	-174	-95
Interest & Investment Income	1,041	713	543	372	285
Earnings From Equity Investments	128	123	79	104	38
Currency Exchange Gain (Loss)	2,216	-70	366	102	294
Other Non Operating Income (Expenses)	332	87	244	208	84
EBT Excluding Unusual Items	15,985	13,655	14,902	11,457	10,714
Gain (Loss) on Sale of Investments	-	614	2,102	109	15
Gain (Loss) on Sale of Assets	37,043	658	6,465	958	-272
Asset Writedown	-9,921	-402	-479	-105	-63
Other Unusual Items	260	315	-381	58	-982
Pretax Income	43,367	14,840	22,609	12,477	9,412
Income Tax Expense	17,143	4,725	6,839	3,710	2,600
Earnings From Continuing Operations	26,224	10,115	15,770	8,767	6,812
Minority Interest in Earnings	-153	-337	-490	-460	-1,504
Net Income	26,071	9,778	15,280	8,307	5,308
Net Income to Common	26,071	9,778	15,280	8,307	5,308
Net Income Growth	166.63%	-36.01%	83.94%	56.50%	151.09%
Shares Outstanding (Basic)	46	46	47	47	47
Shares Outstanding (Diluted)	46	46	47	47	47
Shares Change (YoY)	0.07%	-2.00%	-0.54%	0.06%	0.06%
EPS (Basic)	571.44	214.47	328.44	177.59	113.55
EPS (Diluted)	571.44	214.47	328.44	177.59	113.55
EPS Growth	166.44%	-34.70%	84.94%	56.41%	150.94%
Free Cash Flow	4,281	7,311	6,297	5,500	6,286
Free Cash Flow Per Share	93.83	160.36	135.35	117.58	134.47
Dividend Per Share	-	90.000	68.000	40.000	38.000
Dividend Growth	-	32.35%	70.00%	5.26%	72.73%
Gross Margin	24.19%	24.39%	22.91%	21.94%	22.17%
Operating Margin	7.66%	9.22%	9.63%	8.68%	9.12%
Profit Margin	14.67%	6.79%	10.60%	6.65%	4.79%
Free Cash Flow Margin	2.41%	5.08%	4.37%	4.40%	5.67%
EBITDA	22,134	17,953	17,696	13,776	12,792
EBITDA Margin	12.45%	12.46%	12.27%	11.02%	11.55%
D&A For EBITDA	8,524	4,674	3,807	2,931	2,684
EBIT	13,610	13,279	13,889	10,845	10,108
EBIT Margin	7.66%	9.22%	9.63%	8.68%	9.12%
Effective Tax Rate	39.53%	31.84%	30.25%	29.73%	27.62%

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