Nagoya Electric Works 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	17,079	17,262	17,582	18,009	17,380	21,586
Revenue Growth (YoY)	-3.91%	-1.82%	-2.37%	3.62%	-19.48%	13.46%
Cost of Revenue	11,663	11,355	12,210	12,321	11,730	13,870
Gross Profit	5,416	5,907	5,372	5,688	5,650	7,716
Selling, General & Admin	2,184	2,010	1,980	2,284	2,127	2,230
Research & Development	960	960	916	735	816	872
Amortization of Goodwill & Intangibles	-	-	19	25	25	25
Other Operating Expenses	31	31	-31	31	-8	73
Operating Expenses	3,329	3,155	3,027	3,191	3,029	3,250
Operating Income	2,087	2,752	2,345	2,497	2,621	4,466
Interest & Investment Income	34	29	24	21	22	24
Currency Exchange Gain (Loss)	-14	-17	-	-	-	-
Other Non Operating Income (Expenses)	8	13	-19	-68	35	2
EBT Excluding Unusual Items	2,115	2,777	2,350	2,450	2,678	4,492
Gain (Loss) on Sale of Investments	27	105	-	-	126	48
Gain (Loss) on Sale of Assets	312	6	1	33	7	13
Other Unusual Items	-	-	-	-272	-	-
Pretax Income	2,454	2,888	2,351	2,211	2,811	4,553
Income Tax Expense	534	682	671	614	821	1,342
Net Income	1,920	2,206	1,680	1,597	1,990	3,211
Net Income to Common	1,920	2,206	1,680	1,597	1,990	3,211
Net Income Growth	-17.91%	31.31%	5.20%	-19.75%	-38.03%	123.45%
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12	12
Shares Change (YoY)	0.17%	0.16%	0.20%	0.15%	0.27%	0.44%
EPS (Basic)	163.52	188.13	143.51	136.69	170.58	275.99
EPS (Diluted)	163.52	188.13	143.51	136.69	170.58	275.99
EPS Growth	-18.05%	31.10%	4.98%	-19.87%	-38.19%	122.47%
Free Cash Flow	-	31	1,234	-3,133	1,236	2,007
Free Cash Flow Per Share	-	2.64	105.41	-268.16	105.95	172.50
Dividend Per Share	42.500	42.500	35.000	35.000	30.000	30.000
Dividend Growth	21.43%	21.43%	-	16.67%	-	140.00%
Gross Margin	31.71%	34.22%	30.55%	31.58%	32.51%	35.74%
Operating Margin	12.22%	15.94%	13.34%	13.87%	15.08%	20.69%
Profit Margin	11.24%	12.78%	9.55%	8.87%	11.45%	14.88%
Free Cash Flow Margin	-	0.18%	7.02%	-17.40%	7.11%	9.30%
EBITDA	2,445	3,124	2,736	2,848	2,855	4,686
EBITDA Margin	14.31%	18.10%	15.56%	15.81%	16.43%	21.71%
D&A For EBITDA	357.75	372	391	351	234	220
EBIT	2,087	2,752	2,345	2,497	2,621	4,466
EBIT Margin	12.22%	15.94%	13.34%	13.87%	15.08%	20.69%
Effective Tax Rate	21.76%	23.61%	28.54%	27.77%	29.21%	29.48%
Advertising Expenses	-	35	29	37	53	69

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