Nikki 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	8,603	8,360	9,355	8,802	8,844	5,895
Revenue Growth (YoY)	1.12%	-10.64%	6.28%	-0.47%	50.02%	-21.67%
Cost of Revenue	5,809	5,646	6,674	6,049	6,367	4,357
Gross Profit	2,794	2,714	2,681	2,753	2,477	1,538
Selling, General & Admin	1,543	1,568	1,576	1,459	1,308	1,228
Research & Development	29	29	58	76	56	50
Amortization of Goodwill & Intangibles	79	79	39	-	-	-
Operating Expenses	1,803	1,828	1,777	1,584	1,392	1,314
Operating Income	991	886	904	1,169	1,085	224
Interest Expense	-109	-92	-72	-47	-30	-30
Interest & Investment Income	132	106	83	68	54	49
Currency Exchange Gain (Loss)	-284	-301	343	199	242	70
Other Non Operating Income (Expenses)	38	49	20	15	21	36
EBT Excluding Unusual Items	768	648	1,278	1,404	1,372	349
Gain (Loss) on Sale of Investments	200	200	-	-	1	100
Gain (Loss) on Sale of Assets	-6	-5	1,650	50	-48	1
Asset Writedown	-	-	-	-	-5	-154
Other Unusual Items	39	45	138	-268	-24	-
Pretax Income	1,001	888	3,066	1,186	1,296	296
Income Tax Expense	269	258	874	308	373	51
Earnings From Continuing Operations	732	630	2,192	878	923	245
Minority Interest in Earnings	-	-	-	-	-	11
Net Income	732	630	2,192	878	923	256
Net Income to Common	732	630	2,192	878	923	256
Net Income Growth	-52.90%	-71.26%	149.66%	-4.88%	260.55%	-47.86%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	0.40%	0.44%	-3.15%	0.03%	0.54%	0.53%
EPS (Basic)	392.69	338.99	1184.68	459.57	483.26	134.75
EPS (Diluted)	392.69	338.99	1184.68	459.57	483.26	134.75
EPS Growth	-53.09%	-71.39%	157.78%	-4.90%	258.62%	-48.14%
Free Cash Flow	-	-697	-2,671	-2,436	-1,833	-314
Free Cash Flow Per Share	-	-375.04	-1443.56	-1275.08	-959.71	-165.28
Dividend Per Share	110.000	110.000	110.000	80.000	70.000	55.000
Dividend Growth	-	-	37.50%	14.29%	27.27%	-35.29%
Gross Margin	32.48%	32.46%	28.66%	31.28%	28.01%	26.09%
Operating Margin	11.52%	10.60%	9.66%	13.28%	12.27%	3.80%
Profit Margin	8.51%	7.54%	23.43%	9.98%	10.44%	4.34%
Free Cash Flow Margin	-	-8.34%	-28.55%	-27.68%	-20.73%	-5.33%
EBITDA	2,071	1,808	1,616	1,714	1,558	753
EBITDA Margin	24.07%	21.63%	17.27%	19.47%	17.62%	12.77%
D&A For EBITDA	1,080	922	712	545	473	529
EBIT	991	886	904	1,169	1,085	224
EBIT Margin	11.52%	10.60%	9.66%	13.28%	12.27%	3.80%
Effective Tax Rate	26.87%	29.05%	28.51%	25.97%	28.78%	17.23%

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