Yotai Refractories 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	29,062	29,305	29,128	28,250	25,912	23,554
Revenue Growth (YoY)	-0.36%	0.61%	3.11%	9.02%	10.01%	-11.63%
Cost of Revenue	22,869	23,074	22,943	21,825	19,565	18,595
Gross Profit	6,193	6,231	6,185	6,425	6,347	4,959
Selling, General & Admin	2,746	2,408	2,258	2,112	2,025	1,823
Research & Development	-	296	275	225	188	167
Operating Expenses	2,746	2,746	2,583	2,413	2,257	2,038
Operating Income	3,447	3,485	3,602	4,012	4,090	2,921
Interest Expense	-0.34	-	-	-	-	-
Interest & Investment Income	130.88	110	122	110	83	74
Currency Exchange Gain (Loss)	0.37	2	7	1	-24	-20
Other Non Operating Income (Expenses)	59.15	52	-6	5	12	60
EBT Excluding Unusual Items	3,637	3,649	3,725	4,128	4,161	3,035
Gain (Loss) on Sale of Investments	77.88	77	1,599	45	-	-
Gain (Loss) on Sale of Assets	-	-8	-21	-31	-39	-22
Asset Writedown	-54.74	-	-	-53	-	-225
Other Unusual Items	-325	-20	-	-	-	-
Pretax Income	3,335	3,698	5,303	4,089	4,122	2,788
Income Tax Expense	972.75	1,075	1,425	1,118	1,156	943
Net Income	2,362	2,623	3,878	2,971	2,966	1,845
Net Income to Common	2,362	2,623	3,878	2,971	2,966	1,845
Net Income Growth	-24.85%	-32.36%	30.53%	0.17%	60.76%	-33.97%
Shares Outstanding (Basic)	18	19	19	20	21	22
Shares Outstanding (Diluted)	18	19	19	20	21	22
Shares Change (YoY)	-1.23%	-1.89%	-6.40%	-3.97%	-3.73%	-0.75%
EPS (Basic)	128.65	141.64	205.46	147.32	141.24	84.58
EPS (Diluted)	128.65	141.64	205.46	147.32	141.24	84.58
EPS Growth	-23.92%	-31.06%	39.46%	4.31%	66.98%	-33.47%
Free Cash Flow	-	2,138	1,921	-118	-718	3,691
Free Cash Flow Per Share	-	115.45	101.78	-5.85	-34.19	169.21
Dividend Per Share	90.000	90.000	85.000	45.000	43.000	17.000
Dividend Growth	-14.29%	5.88%	88.89%	4.65%	152.94%	21.43%
Gross Margin	21.31%	21.26%	21.23%	22.74%	24.49%	21.05%
Operating Margin	11.86%	11.89%	12.37%	14.20%	15.78%	12.40%
Profit Margin	8.13%	8.95%	13.31%	10.52%	11.45%	7.83%
Free Cash Flow Margin	-	7.30%	6.59%	-0.42%	-2.77%	15.67%
EBITDA	4,981	4,869	4,786	5,058	4,960	3,788
EBITDA Margin	17.14%	16.61%	16.43%	17.90%	19.14%	16.08%
D&A For EBITDA	1,535	1,384	1,184	1,046	870	867
EBIT	3,447	3,485	3,602	4,012	4,090	2,921
EBIT Margin	11.86%	11.89%	12.37%	14.20%	15.78%	12.40%
Effective Tax Rate	29.17%	29.07%	26.87%	27.34%	28.04%	33.82%

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