Trinity Industrial 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	38,960	40,217	36,992	29,047	34,161
Revenue Growth (YoY)	-3.13%	8.72%	27.35%	-14.97%	-3.40%
Cost of Revenue	30,377	31,962	29,395	23,459	27,754
Gross Profit	8,584	8,255	7,597	5,588	6,407
Selling, General & Admin	5,393	4,262	4,075	3,915	3,788
Research & Development	-	564	534	525	522
Operating Expenses	5,393	5,009	4,812	4,622	4,474
Operating Income	3,191	3,246	2,785	966	1,933
Interest Expense	-0.55	-	-	-	-1
Interest & Investment Income	172.73	149	121	108	105
Earnings From Equity Investments	380.76	77	141	281	193
Currency Exchange Gain (Loss)	1.48	7	-1	1	7
Other Non Operating Income (Expenses)	19.55	89	27	123	58
EBT Excluding Unusual Items	3,765	3,568	3,073	1,479	2,295
Gain (Loss) on Sale of Investments	-	-	-	318	220
Gain (Loss) on Sale of Assets	-36.06	-47	-68	-9	39
Pretax Income	3,729	3,521	3,005	1,788	2,554
Income Tax Expense	920.65	1,030	877	454	693
Earnings From Continuing Operations	2,808	2,491	2,128	1,334	1,861
Minority Interest in Earnings	-119.22	-88	-70	-67	-48
Net Income	2,689	2,403	2,058	1,267	1,813
Net Income to Common	2,689	2,403	2,058	1,267	1,813
Net Income Growth	11.90%	16.76%	62.43%	-30.12%	11.91%
Shares Outstanding (Basic)	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16
Shares Change (YoY)	0.15%	0.15%	-0.86%	-1.25%	0.14%
EPS (Basic)	166.71	149.22	127.99	78.12	110.39
EPS (Diluted)	166.71	149.22	127.99	78.12	110.39
EPS Growth	11.72%	16.58%	63.83%	-29.23%	11.76%
Free Cash Flow	2,237	-6,985	2,683	2,976	950
Free Cash Flow Per Share	138.70	-433.74	166.86	183.50	57.85
Dividend Per Share	67.000	60.000	40.000	30.000	34.000
Dividend Growth	11.67%	50.00%	33.33%	-11.77%	13.33%
Gross Margin	22.03%	20.53%	20.54%	19.24%	18.75%
Operating Margin	8.19%	8.07%	7.53%	3.33%	5.66%
Profit Margin	6.90%	5.97%	5.56%	4.36%	5.31%
Free Cash Flow Margin	5.74%	-17.37%	7.25%	10.24%	2.78%
EBITDA	4,520	4,281	4,285	1,975	2,851
EBITDA Margin	11.60%	10.64%	11.58%	6.80%	8.35%
D&A For EBITDA	1,329	1,035	1,500	1,009	918
EBIT	3,191	3,246	2,785	966	1,933
EBIT Margin	8.19%	8.07%	7.53%	3.33%	5.66%
Effective Tax Rate	24.69%	29.25%	29.18%	25.39%	27.13%

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