Writeup Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2015
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '15 Mar 31, 2015
Revenue	3,529	4,003	2,776	943.4
Revenue Growth (YoY)	-11.84%	44.20%	194.25%	-
Cost of Revenue	549	772	511	355.23
Gross Profit	2,980	3,231	2,265	588.16
Selling, General & Admin	2,428	2,493	1,927	-
Other Operating Expenses	-	-	-	486.88
Operating Expenses	2,510	2,511	1,945	486.88
Operating Income	470	720	320	101.29
Interest Expense	-	-	-	-1.3
Interest & Investment Income	5	1	-	-
Other Non Operating Income (Expenses)	12	3	-7	-25.11
EBT Excluding Unusual Items	487	724	313	74.87
Gain (Loss) on Sale of Investments	-	-1	-	-
Asset Writedown	-74	-	-2	-
Pretax Income	413	723	311	74.87
Income Tax Expense	155	238	81	14.01
Net Income to Company	258	485	230	-
Net Income	258	485	230	60.86
Net Income to Common	258	485	230	60.86
Net Income Growth	-46.80%	110.87%	277.93%	-
Shares Outstanding (Basic)	5	5	5	-
Shares Outstanding (Diluted)	5	5	5	-
Shares Change (YoY)	-0.45%	-0.67%	-	-
EPS (Basic)	50.36	94.25	44.39	-
EPS (Diluted)	50.30	94.14	44.39	-
EPS Growth	-46.57%	112.05%	-	-
Free Cash Flow	78	415	347	-
Free Cash Flow Per Share	15.21	80.55	66.90	-
Dividend Per Share	-	18.000	-	-
Gross Margin	84.44%	80.71%	81.59%	62.34%
Operating Margin	13.32%	17.99%	11.53%	10.74%
Profit Margin	7.31%	12.12%	8.29%	6.45%
Free Cash Flow Margin	2.21%	10.37%	12.50%	-
EBITDA	530	770	354	-
EBITDA Margin	15.02%	19.23%	12.75%	-
D&A For EBITDA	60	50	34	-
EBIT	470	720	320	101.29
EBIT Margin	13.32%	17.99%	11.53%	10.74%
Effective Tax Rate	37.53%	32.92%	26.05%	-
Advertising Expenses	549	456	257	-