Canare Electric Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	13,114	12,383	12,872	11,167	10,034
Revenue Growth (YoY)	5.90%	-3.80%	15.27%	11.29%	3.48%
Cost of Revenue	7,556	7,178	7,461	6,735	6,097
Gross Profit	5,558	5,205	5,411	4,432	3,937
Selling, General & Admin	3,976	3,207	3,023	2,650	2,414
Research & Development	-	495	603	508	430
Operating Expenses	3,976	3,815	3,743	3,254	2,926
Operating Income	1,582	1,390	1,668	1,178	1,011
Interest Expense	-5	-2	-4	-2	-1
Interest & Investment Income	101	63	57	37	40
Currency Exchange Gain (Loss)	-4	-3	3	33	9
Other Non Operating Income (Expenses)	2	2	-1	13	13
EBT Excluding Unusual Items	1,676	1,450	1,723	1,259	1,072
Gain (Loss) on Sale of Investments	-	78	8	-	-
Gain (Loss) on Sale of Assets	-	-3	16	-	-3
Asset Writedown	-37	-	-	-	-
Pretax Income	1,639	1,525	1,747	1,259	1,069
Income Tax Expense	439	486	559	391	388
Net Income	1,200	1,039	1,188	868	681
Net Income to Common	1,200	1,039	1,188	868	681
Net Income Growth	15.50%	-12.54%	36.87%	27.46%	0.29%
Shares Outstanding (Basic)	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7
Shares Change (YoY)	0.32%	0.45%	0.47%	-	-
EPS (Basic)	175.61	152.53	175.19	128.60	100.90
EPS (Diluted)	175.61	152.53	175.19	128.60	100.90
EPS Growth	15.13%	-12.93%	36.23%	27.46%	0.29%
Free Cash Flow	1,683	1,328	724	-94	461
Free Cash Flow Per Share	246.29	194.96	106.77	-13.93	68.30
Dividend Per Share	-	57.000	62.000	35.000	30.000
Dividend Growth	-	-8.06%	77.14%	16.67%	30.44%
Gross Margin	42.38%	42.03%	42.04%	39.69%	39.24%
Operating Margin	12.06%	11.22%	12.96%	10.55%	10.08%
Profit Margin	9.15%	8.39%	9.23%	7.77%	6.79%
Free Cash Flow Margin	12.83%	10.72%	5.63%	-0.84%	4.59%
EBITDA	1,808	1,624	1,913	1,382	1,149
EBITDA Margin	13.79%	13.11%	14.86%	12.38%	11.45%
D&A For EBITDA	226	234	245	204	138
EBIT	1,582	1,390	1,668	1,178	1,011
EBIT Margin	12.06%	11.22%	12.96%	10.55%	10.08%
Effective Tax Rate	26.78%	31.87%	32.00%	31.06%	36.30%

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