Yamabiko 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	174,020	164,838	151,400	156,159	142,328
Revenue Growth (YoY)	5.57%	8.88%	-3.05%	9.72%	7.85%
Cost of Revenue	115,694	108,186	104,095	115,664	102,881
Gross Profit	58,326	56,652	47,305	40,495	39,447
Selling, General & Admin	38,603	30,124	26,476	25,375	23,763
Research & Development	-	5,928	5,613	5,518	5,247
Other Operating Expenses	-	1,021	920	911	1,079
Operating Expenses	38,603	37,014	33,073	31,806	30,117
Operating Income	19,723	19,638	14,232	8,689	9,330
Interest Expense	-551	-352	-631	-499	-118
Interest & Investment Income	159	150	135	102	78
Earnings From Equity Investments	21	25	-	28	-30
Currency Exchange Gain (Loss)	-52	1,224	124	783	451
Other Non Operating Income (Expenses)	236	213	206	114	200
EBT Excluding Unusual Items	19,536	20,898	14,066	9,217	9,911
Gain (Loss) on Sale of Investments	437	41	-658	-387	19
Gain (Loss) on Sale of Assets	-69	43	-36	-70	-94
Other Unusual Items	1	1	1	-	1
Pretax Income	19,905	20,983	13,373	8,760	9,837
Income Tax Expense	5,461	5,094	4,276	2,461	2,337
Earnings From Continuing Operations	14,444	15,889	9,097	6,299	7,500
Net Income	14,444	15,889	9,097	6,299	7,500
Net Income to Common	14,444	15,889	9,097	6,299	7,500
Net Income Growth	-9.09%	74.66%	44.42%	-16.01%	13.04%
Shares Outstanding (Basic)	41	41	42	42	42
Shares Outstanding (Diluted)	41	41	42	42	42
Shares Change (YoY)	-0.50%	-0.98%	-0.12%	0.14%	0.09%
EPS (Basic)	352.85	386.21	218.96	151.44	180.57
EPS (Diluted)	352.85	386.21	218.96	151.44	180.57
EPS Growth	-8.64%	76.38%	44.59%	-16.13%	12.93%
Free Cash Flow	4,498	10,181	15,267	-8,935	1,581
Free Cash Flow Per Share	109.88	247.47	367.47	-214.81	38.06
Dividend Per Share	-	90.000	55.000	52.000	-
Dividend Growth	-	63.64%	5.77%	-	-
Gross Margin	33.52%	34.37%	31.25%	25.93%	27.72%
Operating Margin	11.33%	11.91%	9.40%	5.56%	6.55%
Profit Margin	8.30%	9.64%	6.01%	4.03%	5.27%
Free Cash Flow Margin	2.58%	6.18%	10.08%	-5.72%	1.11%
EBITDA	23,996	23,802	18,739	12,868	12,645
EBITDA Margin	13.79%	14.44%	12.38%	8.24%	8.88%
D&A For EBITDA	4,273	4,164	4,507	4,179	3,315
EBIT	19,723	19,638	14,232	8,689	9,330
EBIT Margin	11.33%	11.91%	9.40%	5.56%	6.55%
Effective Tax Rate	27.43%	24.28%	31.97%	28.09%	23.76%

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