Disruptors 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
Period Ending	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Revenue	4,508	4,294	3,767	3,343
Revenue Growth (YoY)	12.93%	13.99%	12.68%	-
Cost of Revenue	1,591	1,448	966	489
Gross Profit	2,917	2,846	2,801	2,854
Selling, General & Admin	2,478	2,494	2,734	2,320
Operating Expenses	2,478	2,494	2,734	2,320
Operating Income	439	352	67	534
Interest Expense	-7	-7	-8	-6
Currency Exchange Gain (Loss)	-	-	-2	-1
Other Non Operating Income (Expenses)	3	6	10	-3
EBT Excluding Unusual Items	435	351	67	524
Gain (Loss) on Sale of Investments	4	4	-	-2
Gain (Loss) on Sale of Assets	-	-	4	-
Asset Writedown	-	-	-1,746	-
Other Unusual Items	-	-	-60	-
Pretax Income	439	355	-1,735	522
Income Tax Expense	159	144	-134	260
Net Income	280	211	-1,601	262
Net Income to Common	280	211	-1,601	262
Shares Outstanding (Basic)	20	20	20	21
Shares Outstanding (Diluted)	20	20	20	21
Shares Change (YoY)	0.43%	0.61%	-1.67%	-
EPS (Basic)	13.68	10.31	-78.68	12.68
EPS (Diluted)	13.68	10.31	-78.68	12.68
Free Cash Flow	-	534	279	324
Free Cash Flow Per Share	-	26.09	13.71	15.66
Dividend Per Share	5.000	5.000	5.000	2.500
Dividend Growth	-	-	100.00%	-
Gross Margin	64.71%	66.28%	74.36%	85.37%
Operating Margin	9.74%	8.20%	1.78%	15.97%
Profit Margin	6.21%	4.91%	-42.50%	7.84%
Free Cash Flow Margin	-	12.44%	7.41%	9.69%
EBITDA	700	649	508	889
EBITDA Margin	15.53%	15.11%	13.49%	26.59%
D&A For EBITDA	261	297	441	355
EBIT	439	352	67	534
EBIT Margin	9.74%	8.20%	1.78%	15.97%
Effective Tax Rate	36.22%	40.56%	-	49.81%
Advertising Expenses	-	1,246	1,363	1,312

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