Japan Insulation 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	Sep '25 Sep 30, 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	13,784	12,222	12,537	12,320	14,118	14,301
Revenue Growth (YoY)	14.56%	-2.51%	1.76%	-12.74%	-1.28%	0.75%
Cost of Revenue	10,083	8,922	8,906	9,112	10,169	10,029
Gross Profit	3,701	3,300	3,631	3,208	3,949	4,272
Selling, General & Admin	2,350	2,253	2,144	2,032	1,985	1,946
Operating Expenses	2,370	2,273	2,173	2,062	2,088	2,001
Operating Income	1,331	1,027	1,458	1,146	1,861	2,271
Interest Expense	-8	-6	-5	-5	-6	-9
Interest & Investment Income	27	22	17	14	10	9
Currency Exchange Gain (Loss)	-7	3	14	21	19	-10
Other Non Operating Income (Expenses)	-10	-6	-22	-31	10	-26
EBT Excluding Unusual Items	1,333	1,040	1,462	1,145	1,894	2,235
Gain (Loss) on Sale of Investments	-	81	-	3	12	-
Gain (Loss) on Sale of Assets	-7	-10	-3	-4	-4	-16
Asset Writedown	-27	-39	-44	-66	-13	-485
Pretax Income	1,299	1,072	1,415	1,078	1,889	1,734
Income Tax Expense	362	296	440	355	744	711
Net Income to Company	-	776	975	723	1,145	1,023
Net Income	937	776	975	723	1,145	1,023
Net Income to Common	937	776	975	723	1,145	1,023
Net Income Growth	14.13%	-20.41%	34.86%	-36.86%	11.93%	-30.12%
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9	9
Shares Change (YoY)	0.00%	-0.11%	0.06%	-0.49%	-	12.46%
EPS (Basic)	108.32	89.78	112.69	83.61	131.76	117.72
EPS (Diluted)	108.32	89.78	112.69	83.61	131.76	117.72
EPS Growth	14.12%	-20.32%	34.77%	-36.54%	11.93%	-37.86%
Free Cash Flow	398	603	1,700	1,474	1,133	1,126
Free Cash Flow Per Share	46.01	69.77	196.48	170.46	130.38	129.58
Dividend Per Share	37.000	37.000	37.000	37.000	37.000	35.000
Dividend Growth	-	-	-	-	5.71%	-
Gross Margin	26.85%	27.00%	28.96%	26.04%	27.97%	29.87%
Operating Margin	9.66%	8.40%	11.63%	9.30%	13.18%	15.88%
Profit Margin	6.80%	6.35%	7.78%	5.87%	8.11%	7.15%
Free Cash Flow Margin	2.89%	4.93%	13.56%	11.96%	8.03%	7.87%
EBITDA	1,643	1,329	1,767	1,461	2,212	2,603
EBITDA Margin	11.92%	10.87%	14.09%	11.86%	15.67%	18.20%
D&A For EBITDA	312	302	309	315	351	332
EBIT	1,331	1,027	1,458	1,146	1,861	2,271
EBIT Margin	9.66%	8.40%	11.63%	9.30%	13.18%	15.88%
Effective Tax Rate	27.87%	27.61%	31.09%	32.93%	39.39%	41.00%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.