Kyowakogyosyo Income Statement

Financials in millions JPY. Fiscal year is May - April.

Millions JPY. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Revenue	10,711	10,457	10,972	13,213	11,659	8,080
Revenue Growth (YoY)	4.81%	-4.69%	-16.96%	13.33%	44.30%	-0.36%
Cost of Revenue	8,564	8,467	8,831	10,760	8,859	6,453
Gross Profit	2,147	1,990	2,141	2,453	2,800	1,627
Selling, General & Admin	1,193	1,172	1,126	1,459	1,298	1,075
Operating Expenses	1,193	1,172	1,126	1,459	1,298	1,075
Operating Income	954	818	1,015	994	1,502	552
Interest & Investment Income	111	90	70	78	44	40
Earnings From Equity Investments	2	1	5	16	17	12
Currency Exchange Gain (Loss)	-	-	-	-8	-6	-
Other Non Operating Income (Expenses)	23	20	37	22	17	176
EBT Excluding Unusual Items	1,090	929	1,127	1,102	1,574	780
Gain (Loss) on Sale of Investments	-	-	667	-	-26	31
Gain (Loss) on Sale of Assets	2	2	23	413	-	-
Asset Writedown	-	-	-	-18	-	-
Pretax Income	1,092	931	1,817	1,497	1,548	811
Income Tax Expense	267	223	374	405	466	240
Net Income	825	708	1,443	1,092	1,082	571
Net Income to Common	825	708	1,443	1,092	1,082	571
Net Income Growth	35.02%	-50.94%	32.14%	0.92%	89.49%	40.29%
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
Shares Change (YoY)	-3.58%	-2.60%	-0.01%	-	-0.00%	-
EPS (Basic)	633.75	535.44	1062.91	804.30	796.93	420.56
EPS (Diluted)	633.75	535.44	1062.91	804.30	796.93	420.56
EPS Growth	40.04%	-49.63%	32.15%	0.92%	89.50%	40.29%
Free Cash Flow	1,272	1,285	614	798	491	825
Free Cash Flow Per Share	977.13	971.82	452.27	587.76	361.64	607.63
Dividend Per Share	80.000	80.000	80.000	80.000	100.000	80.000
Dividend Growth	-	-	-	-20.00%	25.00%	-
Gross Margin	20.04%	19.03%	19.51%	18.57%	24.02%	20.14%
Operating Margin	8.91%	7.82%	9.25%	7.52%	12.88%	6.83%
Profit Margin	7.70%	6.77%	13.15%	8.27%	9.28%	7.07%
Free Cash Flow Margin	11.88%	12.29%	5.60%	6.04%	4.21%	10.21%
EBITDA	1,316	1,184	1,421	1,363	1,803	875
EBITDA Margin	12.29%	11.32%	12.95%	10.32%	15.46%	10.83%
D&A For EBITDA	362	366	406	369	301	323
EBIT	954	818	1,015	994	1,502	552
EBIT Margin	8.91%	7.82%	9.25%	7.52%	12.88%	6.83%
Effective Tax Rate	24.45%	23.95%	20.58%	27.05%	30.10%	29.59%

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