Architects Studio Japan 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	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	730	897	592	553	737
Revenue Growth (YoY)	-18.62%	51.52%	7.05%	-24.97%	-
Cost of Revenue	337.33	291	83	86	85
Gross Profit	392.67	606	509	467	652
Selling, General & Admin	962.67	692	730	816	897
Amortization of Goodwill & Intangibles	-	-	5	5	2
Operating Expenses	967.33	703	726	816	913
Operating Income	-574.67	-97	-217	-349	-261
Interest Expense	-25.67	-5	-4	-4	-2
Interest & Investment Income	4	-	-	-	-
Earnings From Equity Investments	1	-	-	-	-
Other Non Operating Income (Expenses)	34	11	-15	-	-56
EBT Excluding Unusual Items	-561.33	-91	-236	-353	-319
Gain (Loss) on Sale of Investments	-104.67	111	1	-	-
Gain (Loss) on Sale of Assets	2	-	-	-	-
Asset Writedown	-47.33	-36	-114	-44	-21
Legal Settlements	-	-	-	-	-5
Other Unusual Items	38	-63	-8	-27	-
Pretax Income	-673.33	-79	-357	-424	-345
Income Tax Expense	-15.33	2	4	3	3
Earnings From Continuing Operations	-658	-81	-361	-427	-348
Minority Interest in Earnings	66.67	2	-	-	-
Net Income	-591.33	-79	-361	-427	-348
Net Income to Common	-591.33	-79	-361	-427	-348
Shares Outstanding (Basic)	111	90	74	74	63
Shares Outstanding (Diluted)	111	90	74	74	63
Shares Change (YoY)	22.83%	22.75%	0.24%	17.05%	-
EPS (Basic)	-5.32	-0.87	-4.90	-5.81	-5.54
EPS (Diluted)	-5.32	-0.87	-4.90	-5.81	-5.54
Free Cash Flow	-723.27	-105	-227	-339	-211
Free Cash Flow Per Share	-6.51	-1.16	-3.08	-4.61	-3.36
Gross Margin	53.79%	67.56%	85.98%	84.45%	88.47%
Operating Margin	-78.72%	-10.81%	-36.66%	-63.11%	-35.41%
Profit Margin	-81.01%	-8.81%	-60.98%	-77.22%	-47.22%
Free Cash Flow Margin	-99.08%	-11.71%	-38.34%	-61.30%	-28.63%
EBITDA	-544.12	-95	-193	-327	-257
EBITDA Margin	-74.54%	-10.59%	-32.60%	-59.13%	-34.87%
D&A For EBITDA	30.55	2	24	22	4
EBIT	-574.67	-97	-217	-349	-261
EBIT Margin	-78.72%	-10.81%	-36.66%	-63.11%	-35.41%
Advertising Expenses	-	-	28	66	108

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