Kyoritsu Air Tech Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	11,963	11,732	11,896	10,596	9,892	9,924
Revenue Growth (YoY)	2.60%	-1.38%	12.27%	7.12%	-0.32%	-11.75%
Cost of Revenue	9,065	8,783	9,007	8,088	7,261	7,260
Gross Profit	2,898	2,949	2,889	2,508	2,631	2,664
Selling, General & Admin	2,318	2,264	2,197	2,005	1,991	2,054
Operating Expenses	2,318	2,264	2,197	2,005	1,991	2,054
Operating Income	580	685	692	503	640	610
Interest Expense	-15	-9	-6	-6	-5	-5
Interest & Investment Income	31	23	15	13	11	10
Currency Exchange Gain (Loss)	-	-	-	-	-1	-
Other Non Operating Income (Expenses)	9	6	13	28	21	18
EBT Excluding Unusual Items	605	705	714	538	666	633
Gain (Loss) on Sale of Investments	-	-	-	7	-	19
Gain (Loss) on Sale of Assets	20	21	24	7	17	9
Asset Writedown	-	-	-	-	-	-1
Pretax Income	625	726	738	552	683	660
Income Tax Expense	176	225	247	189	131	228
Earnings From Continuing Operations	449	501	491	363	552	432
Minority Interest in Earnings	-3	-3	-3	-	-	-
Net Income	446	498	488	363	552	432
Net Income to Common	446	498	488	363	552	432
Net Income Growth	0.45%	2.05%	34.44%	-34.24%	27.78%	-34.64%
Shares Outstanding (Basic)	5	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5	5
Shares Change (YoY)	0.14%	0.15%	0.18%	0.20%	0.18%	0.18%
EPS (Basic)	92.52	103.42	101.50	75.63	115.25	90.35
EPS (Diluted)	92.52	103.42	101.50	75.63	115.25	90.35
EPS Growth	0.31%	1.89%	34.19%	-34.37%	27.55%	-34.76%
Free Cash Flow	-	549	574	-17	-258	557
Free Cash Flow Per Share	-	114.01	119.38	-3.54	-53.87	116.50
Dividend Per Share	20.000	20.000	20.000	15.000	20.000	20.000
Dividend Growth	-	-	33.33%	-25.00%	-	-
Gross Margin	24.22%	25.14%	24.29%	23.67%	26.60%	26.84%
Operating Margin	4.85%	5.84%	5.82%	4.75%	6.47%	6.15%
Profit Margin	3.73%	4.25%	4.10%	3.43%	5.58%	4.35%
Free Cash Flow Margin	-	4.68%	4.83%	-0.16%	-2.61%	5.61%
EBITDA	833.25	936	940	761	897	845
EBITDA Margin	6.97%	7.98%	7.90%	7.18%	9.07%	8.52%
D&A For EBITDA	253.25	251	248	258	257	235
EBIT	580	685	692	503	640	610
EBIT Margin	4.85%	5.84%	5.82%	4.75%	6.47%	6.15%
Effective Tax Rate	28.16%	30.99%	33.47%	34.24%	19.18%	34.54%

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