Hoshizaki Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	521,008	485,890	445,495	373,563	321,338	274,419
Revenue Growth	11.82%	9.07%	19.26%	16.25%	17.10%	15.15%
Cost of Revenue	327,486	304,449	279,046	237,501	209,519	174,727
Gross Profit	193,522	181,441	166,449	136,062	111,819	99,692
Selling, General & Admin	139,364	129,508	111,654	90,258	82,130	73,053
Other Operating Expenses	-	-	3,315	2,283	1,773	1,707
Operating Expenses	139,364	129,508	114,969	92,541	83,903	74,760
Operating Income	54,158	51,933	51,480	43,521	27,916	24,932
Interest Expense	-2,212	-1,732	-1,706	-80	-42	-42
Interest & Investment Income	2,618	3,837	5,023	4,826	1,469	394
Earnings From Equity Investments	13	350	250	-1,316	-871	-
Currency Exchange Gain (Loss)	1,437	46	1,911	3,027	9,032	5,373
Other Non Operating Income (Expenses)	2,487	1,870	864	343	257	507
EBT Excluding Unusual Items	58,501	56,304	57,822	50,321	37,761	31,164
Gain (Loss) on Sale of Investments	104	54	-2,453	59	54	116
Gain (Loss) on Sale of Assets	111	73	36	37	26	-
Asset Writedown	-203	-176	-	-1,999	-	-51
Other Unusual Items	-10	-7	-114	-41	-3,211	1
Pretax Income	58,503	56,248	55,291	48,377	34,630	31,230
Income Tax Expense	19,352	17,521	17,637	14,830	9,739	9,229
Earnings From Continuing Operations	39,151	38,727	37,654	33,547	24,891	22,001
Minority Interest in Earnings	-658	-579	-484	-712	-546	-322
Net Income	38,493	38,148	37,170	32,835	24,345	21,679
Net Income to Common	38,493	38,148	37,170	32,835	24,345	21,679
Net Income Growth	-2.84%	2.63%	13.20%	34.87%	12.30%	89.47%
Shares Outstanding (Basic)	141	141	144	145	145	145
Shares Outstanding (Diluted)	141	141	144	145	145	145
Shares Change	-0.97%	-1.62%	-0.74%	0.01%	0.01%	0.01%
EPS (Basic)	273.31	269.65	258.49	226.65	168.06	149.67
EPS (Diluted)	273.31	269.65	258.49	226.65	168.06	149.67
EPS Growth	-1.90%	4.32%	14.04%	34.86%	12.29%	89.46%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	36,341	21,663	37,813	31,566	14	24,118
Free Cash Flow Per Share	258.03	153.13	262.96	217.90	0.10	166.51
Dividend Per Share	120.000	115.000	105.000	95.000	70.000	55.000
Dividend Growth	9.09%	9.52%	10.53%	35.71%	27.27%	0%
Gross Margin	37.14%	37.34%	37.36%	36.42%	34.80%	36.33%
Operating Margin	10.39%	10.69%	11.56%	11.65%	8.69%	9.09%
Profit Margin	7.39%	7.85%	8.34%	8.79%	7.58%	7.90%
Free Cash Flow Margin	6.98%	4.46%	8.49%	8.45%	0.00%	8.79%
EBITDA	72,587	66,455	62,617	51,071	34,131	30,162
EBITDA Margin	13.93%	13.68%	14.06%	13.67%	10.62%	10.99%
D&A For EBITDA	18,429	14,522	11,137	7,550	6,215	5,230
EBIT	54,158	51,933	51,480	43,521	27,916	24,932
EBIT Margin	10.39%	10.69%	11.56%	11.65%	8.69%	9.09%
Effective Tax Rate	33.08%	31.15%	31.90%	30.65%	28.12%	29.55%
Advertising Expenses	-	4,031	-	-	-	-