MIGALO HOLDINGS 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	57,532	51,709	42,672	37,259	35,186
Revenue Growth (YoY)	11.26%	21.18%	14.53%	5.89%	27.84%
Cost of Revenue	48,357	43,635	35,593	30,259	29,556
Gross Profit	9,175	8,074	7,079	7,000	5,630
Selling, General & Admin	6,113	4,891	4,032	3,500	3,050
Other Operating Expenses	-	469	548	582	392
Operating Expenses	6,113	5,360	4,578	4,080	3,421
Operating Income	3,062	2,714	2,501	2,920	2,209
Interest Expense	-617	-480	-322	-280	-234
Interest & Investment Income	21	17	5	3	2
Other Non Operating Income (Expenses)	-119	-130	-144	-77	-59
EBT Excluding Unusual Items	2,347	2,121	2,040	2,566	1,918
Gain (Loss) on Sale of Investments	-92	214	-112	-49	16
Asset Writedown	-	-22	-19	-	-
Other Unusual Items	-1	-	-	-	-
Pretax Income	2,254	2,313	1,909	2,517	1,934
Income Tax Expense	790	926	787	925	710
Earnings From Continuing Operations	1,464	1,387	1,122	1,592	1,224
Minority Interest in Earnings	-30	3	-10	-16	-7
Net Income	1,434	1,390	1,112	1,576	1,217
Net Income to Common	1,434	1,390	1,112	1,576	1,217
Net Income Growth	3.16%	25.00%	-29.44%	29.50%	4.02%
Shares Outstanding (Basic)	61	58	58	58	58
Shares Outstanding (Diluted)	62	59	58	59	59
Shares Change (YoY)	4.67%	1.40%	-0.67%	-0.08%	0.70%
EPS (Basic)	23.44	23.78	19.11	26.98	20.85
EPS (Diluted)	23.17	23.52	19.09	26.86	20.71
EPS Growth	-1.49%	23.23%	-28.93%	29.66%	3.29%
Free Cash Flow	3,796	-7,364	-695	-9,328	112
Free Cash Flow Per Share	61.33	-124.54	-11.92	-158.89	1.91
Dividend Per Share	-	10.000	5.000	5.000	3.375
Dividend Growth	-	100.00%	-	48.15%	3.85%
Gross Margin	15.95%	15.61%	16.59%	18.79%	16.00%
Operating Margin	5.32%	5.25%	5.86%	7.84%	6.28%
Profit Margin	2.49%	2.69%	2.61%	4.23%	3.46%
Free Cash Flow Margin	6.60%	-14.24%	-1.63%	-25.04%	0.32%
EBITDA	3,195	2,847	2,619	3,031	2,315
EBITDA Margin	5.55%	5.51%	6.14%	8.13%	6.58%
D&A For EBITDA	133	133	118	111	106
EBIT	3,062	2,714	2,501	2,920	2,209
EBIT Margin	5.32%	5.25%	5.86%	7.84%	6.28%
Effective Tax Rate	35.05%	40.03%	41.23%	36.75%	36.71%
Advertising Expenses	-	823	694	609	509

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