Nikko Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	49,371	49,162	44,097	39,665	38,846
Revenue Growth (YoY)	0.43%	11.49%	11.17%	2.11%	2.59%
Cost of Revenue	34,173	35,169	31,992	29,348	28,346
Gross Profit	15,198	13,993	12,105	10,317	10,500
Selling, General & Admin	12,098	10,098	9,131	8,341	7,732
Research & Development	-	671	603	576	449
Operating Expenses	12,098	11,225	10,136	9,288	8,447
Operating Income	3,100	2,768	1,969	1,029	2,053
Interest Expense	-133	-99	-119	-77	-50
Interest & Investment Income	259	190	145	106	125
Currency Exchange Gain (Loss)	127	77	117	158	77
Other Non Operating Income (Expenses)	107	134	32	40	69
EBT Excluding Unusual Items	3,460	3,070	2,144	1,256	2,274
Gain (Loss) on Sale of Investments	18	104	75	564	326
Gain (Loss) on Sale of Assets	-33	29	11	-	-
Asset Writedown	-171	-	-	-104	-
Other Unusual Items	1	-7	1	-23	-
Pretax Income	3,275	3,196	2,231	1,693	2,600
Income Tax Expense	737	1,187	987	751	985
Earnings From Continuing Operations	2,538	2,009	1,244	942	1,615
Minority Interest in Earnings	-2	-	68	78	34
Net Income	2,536	2,009	1,312	1,020	1,649
Net Income to Common	2,536	2,009	1,312	1,020	1,649
Net Income Growth	26.23%	53.13%	28.63%	-38.14%	-20.80%
Shares Outstanding (Basic)	39	38	38	38	38
Shares Outstanding (Diluted)	39	38	38	38	38
Shares Change (YoY)	0.24%	0.30%	0.14%	0.12%	-0.35%
EPS (Basic)	65.83	52.28	34.24	26.66	43.15
EPS (Diluted)	65.83	52.28	34.24	26.66	43.15
EPS Growth	25.93%	52.66%	28.46%	-38.22%	-20.52%
Free Cash Flow	588	76	2,011	-3,818	527
Free Cash Flow Per Share	15.26	1.98	52.49	-99.79	13.79
Dividend Per Share	-	32.000	30.000	30.000	30.000
Dividend Growth	-	6.67%	-	-	-9.09%
Gross Margin	30.78%	28.46%	27.45%	26.01%	27.03%
Operating Margin	6.28%	5.63%	4.46%	2.59%	5.29%
Profit Margin	5.14%	4.09%	2.97%	2.57%	4.25%
Free Cash Flow Margin	1.19%	0.15%	4.56%	-9.63%	1.36%
EBITDA	4,402	3,935	2,992	2,019	2,812
EBITDA Margin	8.92%	8.00%	6.78%	5.09%	7.24%
D&A For EBITDA	1,302	1,167	1,023	990	759
EBIT	3,100	2,768	1,969	1,029	2,053
EBIT Margin	6.28%	5.63%	4.46%	2.59%	5.29%
Effective Tax Rate	22.50%	37.14%	44.24%	44.36%	37.89%