es Networks 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	3,418	2,950	2,711	2,649	2,334
Revenue Growth (YoY)	15.86%	8.82%	2.34%	13.50%	22.71%
Cost of Revenue	1,901	1,608	1,454	1,412	1,344
Gross Profit	1,517	1,342	1,257	1,237	990
Selling, General & Admin	1,211	1,040	987	1,038	856
Operating Expenses	1,221	1,050	988	1,038	856
Operating Income	296	292	269	199	134
Interest Expense	-1	-2	-4	-4	-5
Interest & Investment Income	46	1	-	-	-
Earnings From Equity Investments	-	-	-	-	31
Currency Exchange Gain (Loss)	2	10	18	28	5
Other Non Operating Income (Expenses)	-8	-9	-33	10	-3
EBT Excluding Unusual Items	335	292	250	233	162
Gain (Loss) on Sale of Investments	-14	63	-59	-18	24
Gain (Loss) on Sale of Assets	-	-	-	-	-8
Asset Writedown	-	-	-1	-	-
Other Unusual Items	30	60	-2	-	20
Pretax Income	351	415	188	215	198
Income Tax Expense	126	113	39	60	69
Earnings From Continuing Operations	225	302	149	155	129
Net Income to Company	225	302	149	155	129
Minority Interest in Earnings	-8	-1	-13	-12	-7
Net Income	217	301	136	143	122
Net Income to Common	217	301	136	143	122
Net Income Growth	-27.91%	121.32%	-4.90%	17.21%	-
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
Shares Change (YoY)	0.72%	2.13%	1.71%	3.85%	-
EPS (Basic)	71.60	100.03	46.16	49.36	43.74
EPS (Diluted)	71.60	100.03	46.16	49.36	43.74
EPS Growth	-28.42%	116.71%	-6.50%	12.86%	-
Free Cash Flow	203	369	-48	-	-
Free Cash Flow Per Share	66.98	122.63	-16.29	-	-
Dividend Per Share	-	45.000	41.000	39.000	-
Dividend Growth	-	9.76%	5.13%	-	-
Gross Margin	44.38%	45.49%	46.37%	46.70%	42.42%
Operating Margin	8.66%	9.90%	9.92%	7.51%	5.74%
Profit Margin	6.35%	10.20%	5.02%	5.40%	5.23%
Free Cash Flow Margin	5.94%	12.51%	-1.77%	-	-
EBITDA	317	318	299	-	-
EBITDA Margin	9.27%	10.78%	11.03%	-	-
D&A For EBITDA	21	26	30	-	-
EBIT	296	292	269	199	134
EBIT Margin	8.66%	9.90%	9.92%	7.51%	5.74%
Effective Tax Rate	35.90%	27.23%	20.75%	27.91%	34.85%

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