Washhouse Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,539	2,083	1,914	1,921	2,132	2,182
Revenue Growth (YoY)	27.27%	8.83%	-0.36%	-9.90%	-2.29%	-0.27%
Cost of Revenue	1,712	1,282	1,182	1,253	1,506	1,484
Gross Profit	827	801	732	668	626	698
Selling, General & Admin	708	718	666	678	721	793
Operating Expenses	768	778	718	723	767	822
Operating Income	59	23	14	-55	-141	-124
Interest Expense	-12	-9	-9	-9	-7	-2
Interest & Investment Income	-	-	1	1	1	-
Other Non Operating Income (Expenses)	9	10	20	89	7	26
EBT Excluding Unusual Items	56	24	26	26	-140	-100
Gain (Loss) on Sale of Investments	-	-	-	-	-	-1
Gain (Loss) on Sale of Assets	-	-	-	34	-1	9
Asset Writedown	-12	-15	-50	-17	-26	-22
Other Unusual Items	-	32	-	-16	-	-
Pretax Income	44	41	-24	27	-167	-114
Income Tax Expense	6	11	10	16	9	15
Earnings From Continuing Operations	38	30	-34	11	-176	-129
Net Income to Company	-	30	-34	11	-176	-129
Minority Interest in Earnings	-2	1	1	-	-	1
Net Income	36	31	-33	11	-176	-128
Net Income to Common	36	31	-33	11	-176	-128
Shares Outstanding (Basic)	7	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7	7
Shares Change (YoY)	0.01%	0.08%	-0.30%	0.60%	0.21%	0.20%
EPS (Basic)	5.20	4.48	-4.77	1.59	-25.51	-18.59
EPS (Diluted)	5.20	4.48	-4.77	1.59	-25.51	-18.59
Free Cash Flow	-	123	32	-48	-189	-766
Free Cash Flow Per Share	-	17.76	4.62	-6.92	-27.39	-111.26
Gross Margin	32.57%	38.45%	38.25%	34.77%	29.36%	31.99%
Operating Margin	2.32%	1.10%	0.73%	-2.86%	-6.61%	-5.68%
Profit Margin	1.42%	1.49%	-1.72%	0.57%	-8.25%	-5.87%
Free Cash Flow Margin	-	5.91%	1.67%	-2.50%	-8.87%	-35.10%
EBITDA	219.25	184	176	108	25	-26
EBITDA Margin	8.63%	8.83%	9.20%	5.62%	1.17%	-1.19%
D&A For EBITDA	160.25	161	162	163	166	98
EBIT	59	23	14	-55	-141	-124
EBIT Margin	2.32%	1.10%	0.73%	-2.86%	-6.61%	-5.68%
Effective Tax Rate	13.64%	26.83%	-	59.26%	-	-
Advertising Expenses	-	-	-	-	-	88

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