MRT Inc. 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	4,191	4,165	5,407	8,738	4,469
Revenue Growth (YoY)	0.62%	-22.97%	-38.12%	95.53%	74.43%
Cost of Revenue	1,346	1,429	1,908	3,142	916
Gross Profit	2,845	2,736	3,499	5,596	3,553
Selling, General & Admin	2,761	2,571	2,304	2,436	1,948
Other Operating Expenses	-12	26	133	-2	159
Operating Expenses	2,749	2,855	2,665	2,618	2,286
Operating Income	96	-119	834	2,978	1,267
Interest Expense	-16	-7	-7	-11	-12
Interest & Investment Income	28	1	1	1	-
Earnings From Equity Investments	-	-211	-9	-	-
Other Non Operating Income (Expenses)	-	-2	-1	-3	-1
EBT Excluding Unusual Items	108	-338	818	2,965	1,254
Gain (Loss) on Sale of Investments	-	6	39	-30	-
Pretax Income	108	-332	857	2,935	1,254
Income Tax Expense	58	3	319	754	451
Earnings From Continuing Operations	50	-335	538	2,181	803
Minority Interest in Earnings	5	26	-21	-22	-29
Net Income	55	-309	517	2,159	774
Net Income to Common	55	-309	517	2,159	774
Net Income Growth	-	-	-76.05%	178.94%	490.84%
Shares Outstanding (Basic)	6	5	5	6	6
Shares Outstanding (Diluted)	6	5	5	6	6
Shares Change (YoY)	2.92%	-0.23%	-1.76%	-0.03%	0.01%
EPS (Basic)	9.77	-56.52	94.40	387.35	139.22
EPS (Diluted)	9.77	-56.52	94.37	387.21	138.79
EPS Growth	-	-	-75.63%	178.99%	488.34%
Free Cash Flow	409	462	-208	4,494	-307
Free Cash Flow Per Share	72.69	84.50	-37.96	805.62	-55.02
Gross Margin	67.88%	65.69%	64.71%	64.04%	79.50%
Operating Margin	2.29%	-2.86%	15.42%	34.08%	28.35%
Profit Margin	1.31%	-7.42%	9.56%	24.71%	17.32%
Free Cash Flow Margin	9.76%	11.09%	-3.85%	51.43%	-6.87%
EBITDA	343	139	1,062	3,162	1,446
EBITDA Margin	8.18%	3.34%	19.64%	36.19%	32.36%
D&A For EBITDA	247	258	228	184	179
EBIT	96	-119	834	2,978	1,267
EBIT Margin	2.29%	-2.86%	15.42%	34.08%	28.35%
Effective Tax Rate	53.70%	-	37.22%	25.69%	35.97%
Advertising Expenses	-	506	378	397	337

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