Toyo Shutter 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	Dec '25 Dec 31, 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	21,512	20,871	21,487	20,687	19,737	19,714
Revenue Growth (YoY)	4.55%	-2.87%	3.87%	4.81%	0.12%	-12.40%
Cost of Revenue	15,794	15,173	15,476	15,651	15,085	14,930
Gross Profit	5,718	5,698	6,011	5,036	4,652	4,784
Selling, General & Admin	4,449	4,395	4,530	4,103	3,891	4,061
Operating Expenses	4,450	4,396	4,530	4,171	3,962	4,166
Operating Income	1,268	1,302	1,481	865	690	618
Interest Expense	-102	-90	-67	-61	-64	-64
Interest & Investment Income	-	-	-	-	-	1
Other Non Operating Income (Expenses)	11	-7	-55	4	23	22
EBT Excluding Unusual Items	1,177	1,205	1,359	808	649	577
Gain (Loss) on Sale of Assets	5	5	7	5	-	-
Other Unusual Items	-	-	-	-	-	59
Pretax Income	1,182	1,210	1,366	813	649	636
Income Tax Expense	419	418	407	254	237	216
Net Income	763	792	959	559	412	420
Net Income to Common	763	792	959	559	412	420
Net Income Growth	-12.80%	-17.41%	71.56%	35.68%	-1.91%	-46.70%
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
Shares Change (YoY)	-0.01%	-0.01%	-0.01%	-0.01%	-0.01%	-0.01%
EPS (Basic)	120.49	125.06	151.40	88.24	65.03	66.28
EPS (Diluted)	120.49	125.06	151.40	88.24	65.03	66.28
EPS Growth	-12.79%	-17.40%	71.58%	35.69%	-1.89%	-46.69%
Free Cash Flow	-	-217	1,401	1,086	1,244	399
Free Cash Flow Per Share	-	-34.26	221.18	171.43	196.35	62.97
Dividend Per Share	38.000	38.000	31.000	18.000	15.000	15.000
Dividend Growth	22.58%	22.58%	72.22%	20.00%	-	-46.43%
Gross Margin	26.58%	27.30%	27.98%	24.34%	23.57%	24.27%
Operating Margin	5.89%	6.24%	6.89%	4.18%	3.50%	3.14%
Profit Margin	3.55%	3.79%	4.46%	2.70%	2.09%	2.13%
Free Cash Flow Margin	-	-1.04%	6.52%	5.25%	6.30%	2.02%
EBITDA	1,718	1,711	1,836	1,225	1,063	1,040
EBITDA Margin	7.98%	8.20%	8.54%	5.92%	5.39%	5.27%
D&A For EBITDA	449.5	409	355	360	373	422
EBIT	1,268	1,302	1,481	865	690	618
EBIT Margin	5.89%	6.24%	6.89%	4.18%	3.50%	3.14%
Effective Tax Rate	35.45%	34.54%	29.79%	31.24%	36.52%	33.96%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.