RAIZNEXT 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	172,354	157,371	140,366	140,061	129,832	145,914
Revenue Growth (YoY)	11.54%	12.12%	0.22%	7.88%	-11.02%	3.80%
Cost of Revenue	148,258	138,445	123,164	122,006	112,084	129,499
Gross Profit	24,096	18,926	17,202	18,055	17,748	16,415
Selling, General & Admin	8,798	8,067	6,166	6,143	5,823	5,111
Research & Development	-	-	77	60	85	132
Amortization of Goodwill & Intangibles	-	-	27	27	36	36
Other Operating Expenses	-	-	406	433	421	352
Operating Expenses	8,798	8,068	7,232	7,136	6,765	6,029
Operating Income	15,298	10,858	9,970	10,919	10,983	10,386
Interest Expense	-91	-29	-10	-5	-23	-78
Interest & Investment Income	230	210	176	162	148	144
Currency Exchange Gain (Loss)	3	3	35	25	41	41
Other Non Operating Income (Expenses)	47	50	89	141	119	163
EBT Excluding Unusual Items	15,487	11,092	10,260	11,242	11,268	10,656
Gain (Loss) on Sale of Investments	243	428	81	64	-147	-5
Gain (Loss) on Sale of Assets	-1	56	261	9	-	-
Asset Writedown	-47	-93	-126	-6	-6	-11
Other Unusual Items	-1	-	-	98	200	9
Pretax Income	15,681	11,483	10,476	11,407	11,315	10,649
Income Tax Expense	4,802	3,328	3,167	3,614	3,503	3,234
Earnings From Continuing Operations	10,879	8,155	7,309	7,793	7,812	7,415
Minority Interest in Earnings	-191	-55	-60	-52	-64	-71
Net Income	10,688	8,100	7,249	7,741	7,748	7,344
Net Income to Common	10,688	8,100	7,249	7,741	7,748	7,344
Net Income Growth	35.88%	11.74%	-6.36%	-0.09%	5.50%	-40.09%
Shares Outstanding (Basic)	54	54	54	54	54	54
Shares Outstanding (Diluted)	54	54	54	54	54	54
Shares Change (YoY)	0.65%	-0.62%	-0.26%	-0.01%	-	3.78%
EPS (Basic)	197.98	150.88	134.19	142.92	143.04	135.58
EPS (Diluted)	197.98	150.88	134.19	142.92	143.04	135.58
EPS Growth	34.99%	12.44%	-6.11%	-0.08%	5.50%	-42.27%
Free Cash Flow	-	-3,560	1,017	8,159	8,208	7,521
Free Cash Flow Per Share	-	-66.31	18.83	150.64	151.53	138.85
Dividend Per Share	91.000	91.000	70.000	72.000	58.000	55.000
Dividend Growth	127.50%	30.00%	-2.78%	24.14%	5.46%	3.77%
Gross Margin	13.98%	12.03%	12.26%	12.89%	13.67%	11.25%
Operating Margin	8.88%	6.90%	7.10%	7.80%	8.46%	7.12%
Profit Margin	6.20%	5.15%	5.16%	5.53%	5.97%	5.03%
Free Cash Flow Margin	-	-2.26%	0.73%	5.83%	6.32%	5.15%
EBITDA	16,746	12,111	10,963	11,723	11,768	11,178
EBITDA Margin	9.72%	7.70%	7.81%	8.37%	9.06%	7.66%
D&A For EBITDA	1,448	1,253	993	804	785	792
EBIT	15,298	10,858	9,970	10,919	10,983	10,386
EBIT Margin	8.88%	6.90%	7.10%	7.80%	8.46%	7.12%
Effective Tax Rate	30.62%	28.98%	30.23%	31.68%	30.96%	30.37%
Advertising Expenses	-	-	141	109	87	43

Source: S&P Global Market Intelligence. Standard template. Financial Sources.