Tokyo Steel Manufacturing 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	268,095	326,775	367,242	361,245	270,883
Revenue Growth (YoY)	-17.96%	-11.02%	1.66%	33.36%	91.51%
Cost of Revenue	236,022	268,751	301,930	298,344	220,694
Gross Profit	32,073	58,024	65,312	62,901	50,189
Selling, General & Admin	24,516	27,675	27,021	24,612	18,217
Other Operating Expenses	16	-	-	-	-
Operating Expenses	24,857	27,917	27,245	24,836	18,415
Operating Income	7,216	30,107	38,067	38,065	31,774
Interest Expense	-135	-28	-14	-18	-27
Interest & Investment Income	1,340	969	679	599	407
Currency Exchange Gain (Loss)	-154	-	591	157	862
Other Non Operating Income (Expenses)	363	564	395	453	409
EBT Excluding Unusual Items	8,630	31,612	39,718	39,256	33,425
Gain (Loss) on Sale of Investments	2,599	-	222	1	-
Gain (Loss) on Sale of Assets	3,831	-1,051	-953	-603	1
Asset Writedown	-	-	-	-	-545
Other Unusual Items	-963	-853	781	1	-
Pretax Income	14,097	29,708	39,768	38,655	32,881
Income Tax Expense	2,540	8,505	11,810	7,807	944
Net Income	11,557	21,203	27,958	30,848	31,937
Net Income to Common	11,557	21,203	27,958	30,848	31,937
Net Income Growth	-45.49%	-24.16%	-9.37%	-3.41%	442.32%
Shares Outstanding (Basic)	103	107	110	113	118
Shares Outstanding (Diluted)	103	107	110	113	118
Shares Change (YoY)	-4.13%	-2.88%	-2.60%	-4.35%	-3.45%
EPS (Basic)	112.55	197.96	253.51	272.44	269.79
EPS (Diluted)	112.55	197.96	253.51	272.44	269.79
EPS Growth	-43.14%	-21.91%	-6.95%	0.98%	461.68%
Free Cash Flow	-25,837	-2,774	36,657	30,590	17,123
Free Cash Flow Per Share	-251.63	-25.90	332.38	270.16	144.65
Dividend Per Share	50.000	-	-	-	-
Gross Margin	11.96%	17.76%	17.78%	17.41%	18.53%
Operating Margin	2.69%	9.21%	10.37%	10.54%	11.73%
Profit Margin	4.31%	6.49%	7.61%	8.54%	11.79%
Free Cash Flow Margin	-9.64%	-0.85%	9.98%	8.47%	6.32%
EBITDA	15,303	36,916	44,001	43,097	36,332
EBITDA Margin	5.71%	11.30%	11.98%	11.93%	13.41%
D&A For EBITDA	8,087	6,809	5,934	5,032	4,558
EBIT	7,216	30,107	38,067	38,065	31,774
EBIT Margin	2.69%	9.21%	10.37%	10.54%	11.73%
Effective Tax Rate	18.02%	28.63%	29.70%	20.20%	2.87%

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