Maruzen Income Statement

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Revenue	66,782	64,253	60,596	57,532	52,825
Revenue Growth (YoY)	3.94%	6.04%	5.33%	8.91%	16.33%
Cost of Revenue	47,762	46,280	44,343	43,108	38,358
Gross Profit	19,020	17,973	16,253	14,424	14,467
Selling, General & Admin	11,768	11,288	10,819	10,264	10,082
Research & Development	431	417	422	425	400
Operating Expenses	12,383	11,878	11,396	10,845	10,637
Operating Income	6,637	6,095	4,857	3,579	3,830
Interest & Investment Income	283	121	58	25	12
Other Non Operating Income (Expenses)	213	210	172	224	186
EBT Excluding Unusual Items	7,133	6,426	5,087	3,828	4,028
Gain (Loss) on Sale of Investments	104	-4	-	-14	-
Gain (Loss) on Sale of Assets	208	241	214	260	211
Asset Writedown	-14	-	-9	-	-
Other Unusual Items	1	-1	-	-	-
Pretax Income	7,432	6,662	5,292	4,074	4,239
Income Tax Expense	2,216	2,015	1,584	1,259	1,366
Net Income	5,216	4,647	3,708	2,815	2,873
Net Income to Common	5,216	4,647	3,708	2,815	2,873
Net Income Growth	12.24%	25.32%	31.72%	-2.02%	14.74%
Shares Outstanding (Basic)	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16
Shares Change (YoY)	0.41%	-1.92%	-0.69%	0.07%	0.08%
EPS (Basic)	329.14	294.43	230.43	173.73	177.44
EPS (Diluted)	329.14	294.43	230.43	173.73	177.44
EPS Growth	11.79%	27.78%	32.63%	-2.09%	14.64%
Free Cash Flow	3,798	4,522	3,943	3,464	7,067
Free Cash Flow Per Share	239.66	286.51	245.03	213.79	436.48
Dividend Per Share	-	115.000	90.000	70.000	50.000
Dividend Growth	-	27.78%	28.57%	40.00%	66.67%
Gross Margin	28.48%	27.97%	26.82%	25.07%	27.39%
Operating Margin	9.94%	9.49%	8.02%	6.22%	7.25%
Profit Margin	7.81%	7.23%	6.12%	4.89%	5.44%
Free Cash Flow Margin	5.69%	7.04%	6.51%	6.02%	13.38%
EBITDA	7,591	6,989	5,724	4,399	4,703
EBITDA Margin	11.37%	10.88%	9.45%	7.65%	8.90%
D&A For EBITDA	954	894	867	820	873
EBIT	6,637	6,095	4,857	3,579	3,830
EBIT Margin	9.94%	9.49%	8.02%	6.22%	7.25%
Effective Tax Rate	29.82%	30.25%	29.93%	30.90%	32.23%
Advertising Expenses	217	216	198	186	166

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