Morio Denki 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	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	8,786	9,212	7,448	7,899	8,506	9,591
Revenue Growth (YoY)	5.77%	23.68%	-5.71%	-7.14%	-11.31%	-2.79%
Cost of Revenue	6,752	7,348	6,065	6,580	6,952	8,172
Gross Profit	2,034	1,864	1,383	1,319	1,554	1,419
Selling, General & Admin	1,125	1,129	1,040	1,044	1,102	1,090
Operating Expenses	1,125	1,129	1,040	1,044	1,102	1,090
Operating Income	909	735	343	275	452	329
Interest Expense	-21	-26	-23	-17	-13	-21
Interest & Investment Income	26	22	18	15	14	14
Currency Exchange Gain (Loss)	-3	-4	-5	1	-6	-2
Other Non Operating Income (Expenses)	18	16	7	8	12	19
EBT Excluding Unusual Items	929	743	340	282	459	339
Asset Writedown	-	-	-	-2	-	-1
Other Unusual Items	-22	-25	-	-19	-	-
Pretax Income	907	718	340	261	459	338
Income Tax Expense	194	150	129	113	189	134
Net Income	713	568	211	148	270	204
Net Income to Common	713	568	211	148	270	204
Net Income Growth	191.02%	169.19%	42.57%	-45.18%	32.35%	-27.40%
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
Shares Change (YoY)	-2.48%	-0.87%	-	-	-	-
EPS (Basic)	533.43	416.73	153.45	107.64	196.36	148.36
EPS (Diluted)	533.43	416.73	153.45	107.64	196.36	148.36
EPS Growth	198.41%	171.56%	42.57%	-45.18%	32.35%	-27.40%
Free Cash Flow	-	-187	418	186	625	1,133
Free Cash Flow Per Share	-	-137.20	304.00	135.27	454.55	824.00
Dividend Per Share	60.000	60.000	50.000	30.000	50.000	30.000
Dividend Growth	20.00%	20.00%	66.67%	-40.00%	66.67%	-40.00%
Gross Margin	23.15%	20.23%	18.57%	16.70%	18.27%	14.79%
Operating Margin	10.35%	7.98%	4.61%	3.48%	5.31%	3.43%
Profit Margin	8.12%	6.17%	2.83%	1.87%	3.17%	2.13%
Free Cash Flow Margin	-	-2.03%	5.61%	2.35%	7.35%	11.81%
EBITDA	1,128	946	544	516	756	651
EBITDA Margin	12.83%	10.27%	7.30%	6.53%	8.89%	6.79%
D&A For EBITDA	218.5	211	201	241	304	322
EBIT	909	735	343	275	452	329
EBIT Margin	10.35%	7.98%	4.61%	3.48%	5.31%	3.43%
Effective Tax Rate	21.39%	20.89%	37.94%	43.30%	41.18%	39.65%

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