MS&Consulting Income Statement

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Revenue	2,608	2,552	2,391	2,213	1,933	1,308
Revenue Growth (YoY)	0.46%	6.73%	8.04%	14.49%	47.78%	-53.75%
Cost of Revenue	1,744	1,752	1,591	1,329	1,179	1,085
Gross Profit	864	800	800	884	754	223
Selling, General & Admin	614	629	634	619	541	621
Other Operating Expenses	-17	-7	-12	-21	-7	-3
Operating Expenses	619	644	643	618	553	646
Operating Income	245	156	157	266	201	-423
Interest Expense	-1	-1	-	-1	-3	-2
Currency Exchange Gain (Loss)	-	-	10	9	-	-
Other Non Operating Income (Expenses)	4	3	11	49	114	119
EBT Excluding Unusual Items	248	158	178	323	312	-306
Asset Writedown	-398	-398	-	-	-	-
Pretax Income	-150	-240	178	323	312	-306
Income Tax Expense	65	36	64	104	107	-59
Earnings From Continuing Operations	-215	-276	114	219	205	-247
Minority Interest in Earnings	-	-	-	-	1	3
Net Income	-215	-276	114	219	206	-244
Net Income to Common	-215	-276	114	219	206	-244
Net Income Growth	-	-	-47.95%	6.31%	-	-
Shares Outstanding (Basic)	4	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4	4
Shares Change (YoY)	3.95%	-1.16%	-6.46%	-1.72%	0.94%	-4.26%
EPS (Basic)	-51.33	-68.44	28.07	50.62	46.81	-55.50
EPS (Diluted)	-51.35	-68.46	28.03	50.36	46.53	-55.62
EPS Growth	-	-	-44.34%	8.23%	-	-
Free Cash Flow	374	400	-16	5	515	206
Free Cash Flow Per Share	89.29	99.19	-3.92	1.15	116.05	46.85
Dividend Per Share	-	-	9.000	17.000	8.000	9.250
Dividend Growth	-	-	-47.06%	112.50%	-13.51%	-62.24%
Gross Margin	33.13%	31.35%	33.46%	39.95%	39.01%	17.05%
Operating Margin	9.39%	6.11%	6.57%	12.02%	10.40%	-32.34%
Profit Margin	-8.24%	-10.81%	4.77%	9.90%	10.66%	-18.65%
Free Cash Flow Margin	14.34%	15.67%	-0.67%	0.23%	26.64%	15.75%
EBITDA	371	262	244	347	271	-347
EBITDA Margin	14.22%	10.27%	10.21%	15.68%	14.02%	-26.53%
D&A For EBITDA	126	106	87	81	70	76
EBIT	245	156	157	266	201	-423
EBIT Margin	9.39%	6.11%	6.57%	12.02%	10.40%	-32.34%
Effective Tax Rate	-	-	35.95%	32.20%	34.29%	-
Advertising Expenses	-	10	24	23	9	16

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