TB Group 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	2,399	2,329	2,304	2,347	2,421	2,456
Revenue Growth (YoY)	8.45%	1.08%	-1.83%	-3.06%	-1.43%	-20.00%
Cost of Revenue	1,033	993	966	1,076	1,125	1,270
Gross Profit	1,366	1,336	1,338	1,271	1,296	1,186
Selling, General & Admin	1,466	1,514	1,542	1,519	1,560	1,616
Amortization of Goodwill & Intangibles	-	-	-	-	-	1
Operating Expenses	1,486	1,533	1,561	1,531	1,563	1,645
Operating Income	-120	-197	-223	-260	-267	-459
Interest Expense	-10	-6	-3	-3	-2	-1
Earnings From Equity Investments	8	14	6	4	-6	-
Currency Exchange Gain (Loss)	2	3	-8	-	-	-
Other Non Operating Income (Expenses)	11	1	-3	16	70	82
EBT Excluding Unusual Items	-109	-185	-231	-243	-205	-378
Gain (Loss) on Sale of Investments	-108	-	-	-	-	-
Asset Writedown	-	-	-5	-	-	-70
Other Unusual Items	-	4	-	5	-	2
Pretax Income	-217	-181	-236	-238	-205	-446
Income Tax Expense	10	12	9	7	11	11
Earnings From Continuing Operations	-227	-193	-245	-245	-216	-457
Minority Interest in Earnings	-	-	1	-	-1	19
Net Income	-227	-193	-244	-245	-217	-438
Net Income to Common	-227	-193	-244	-245	-217	-438
Shares Outstanding (Basic)	14	14	14	11	10	9
Shares Outstanding (Diluted)	14	14	14	11	10	9
Shares Change (YoY)	1.10%	0.15%	27.76%	7.65%	5.95%	4.17%
EPS (Basic)	-16.42	-14.11	-17.86	-22.92	-21.85	-46.73
EPS (Diluted)	-16.42	-14.11	-17.86	-22.92	-21.85	-46.73
Free Cash Flow	-	-252	-294	-316	-299	-250
Free Cash Flow Per Share	-	-18.42	-21.53	-29.56	-30.11	-26.68
Gross Margin	56.94%	57.36%	58.07%	54.15%	53.53%	48.29%
Operating Margin	-5.00%	-8.46%	-9.68%	-11.08%	-11.03%	-18.69%
Profit Margin	-9.46%	-8.29%	-10.59%	-10.44%	-8.96%	-17.83%
Free Cash Flow Margin	-	-10.82%	-12.76%	-13.46%	-12.35%	-10.18%
EBITDA	-98	-167	-182	-223	-226	-392
EBITDA Margin	-4.08%	-7.17%	-7.90%	-9.50%	-9.34%	-15.96%
D&A For EBITDA	22	30	41	37	41	67
EBIT	-120	-197	-223	-260	-267	-459
EBIT Margin	-5.00%	-8.46%	-9.68%	-11.08%	-11.03%	-18.69%
Advertising Expenses	-	5	6	5	2	2

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