Daiwa Industries Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2012	FY 2011	FY 2010	FY 2009	FY 2008
Period Ending	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008
Revenue	28,048	27,163	28,175	29,172	32,138
Revenue Growth (YoY)	3.26%	-3.59%	-3.42%	-9.23%	-4.00%
Cost of Revenue	11,521	11,178	12,004	11,942	13,629
Gross Profit	16,527	15,985	16,171	17,230	18,509
Selling, General & Admin	11,698	11,118	10,882	10,549	11,240
Research & Development	-	-	6.63	7.06	12.73
Other Operating Expenses	128	121	-	-	-
Operating Expenses	11,826	11,238	10,888	10,558	11,251
Operating Income	4,701	4,747	5,283	6,672	7,257
Interest & Investment Income	43	37	41.41	34.62	43.14
Other Non Operating Income (Expenses)	12	18	81.88	40.88	102
EBT Excluding Unusual Items	4,756	4,802	5,406	6,748	7,402
Gain (Loss) on Sale of Investments	-	-	-13.17	-	69.45
Gain (Loss) on Sale of Assets	65	241	-4.68	-2.28	1.17
Asset Writedown	-12	-8	-78.35	-2.63	-7.02
Other Unusual Items	-	-	-32.33	-21.38	-26.38
Pretax Income	4,809	5,035	5,278	6,721	7,440
Income Tax Expense	1,932	1,854	1,759	1,856	2,337
Earnings From Continuing Operations	2,877	3,181	3,519	4,865	5,102
Minority Interest in Earnings	-	-	-	-	91.89
Net Income	2,877	3,181	3,519	4,865	5,194
Net Income to Common	2,877	3,181	3,519	4,865	5,194
Net Income Growth	-9.56%	-9.59%	-27.68%	-6.34%	-8.85%
Shares Outstanding (Basic)	51	51	51	51	51
Shares Outstanding (Diluted)	51	51	51	51	51
Shares Change (YoY)	-0.02%	-0.02%	-0.02%	-0.04%	-0.03%
EPS (Basic)	55.98	61.89	68.45	94.62	100.99
EPS (Diluted)	55.98	61.89	68.45	94.62	100.99
EPS Growth	-9.54%	-9.58%	-27.66%	-6.30%	-8.82%
Free Cash Flow	3,266	3,497	6,487	8,063	9,149
Free Cash Flow Per Share	63.55	68.04	126.18	156.83	177.87
Dividend Per Share	10.000	10.000	10.000	10.000	10.000
Gross Margin	58.92%	58.85%	57.39%	59.06%	57.59%
Operating Margin	16.76%	17.48%	18.75%	22.87%	22.58%
Profit Margin	10.26%	11.71%	12.49%	16.68%	16.16%
Free Cash Flow Margin	11.64%	12.87%	23.02%	27.64%	28.47%
EBITDA	5,233	5,254	5,859	7,376	9,756
EBITDA Margin	18.66%	19.34%	20.79%	25.29%	30.36%
D&A For EBITDA	532	507	575.62	704.22	2,499
EBIT	4,701	4,747	5,283	6,672	7,257
EBIT Margin	16.76%	17.48%	18.75%	22.87%	22.58%
Effective Tax Rate	40.17%	36.82%	33.33%	27.62%	31.41%
Advertising Expenses	135	138	46.91	47.09	87.54

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.