Espec Corp. (TYO:6859)

Espec Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	67,146	67,288	62,126	52,892	41,852	38,668
Revenue Growth (YoY)	2.77%	8.31%	17.46%	26.38%	8.23%	-8.89%
Cost of Revenue	43,741	43,300	40,132	34,935	27,849	25,255
Gross Profit	23,405	23,988	21,994	17,957	14,003	13,413
Selling, General & Admin	14,841	14,748	13,785	12,295	10,781	9,347
Research & Development	1,343	1,343	1,239	1,041	1,035	1,302
Amortization of Goodwill & Intangibles	251	253	198	123	99	62
Other Operating Expenses	131	116	186	131	119	128
Operating Expenses	16,566	16,460	15,408	13,590	12,034	10,839
Operating Income	6,839	7,528	6,586	4,367	1,969	2,574
Interest Expense	-27	-24	-25	-34	-40	-26
Interest & Investment Income	205	262	204	149	148	98
Currency Exchange Gain (Loss)	3	-104	56	44	184	120
Other Non Operating Income (Expenses)	79	131	97	137	59	73
EBT Excluding Unusual Items	7,099	7,793	6,918	4,663	2,320	2,839
Gain (Loss) on Sale of Investments	413	361	-	12	396	9
Gain (Loss) on Sale of Assets	2	2	6	2	2	7
Asset Writedown	-4	-3	-8	-8	-10	-16
Other Unusual Items	-27	-27	-1	-	1	-
Pretax Income	7,483	8,126	6,915	4,669	2,709	2,839
Income Tax Expense	2,020	2,123	1,937	1,334	800	878
Earnings From Continuing Operations	5,463	6,003	4,978	3,335	1,909	1,961
Minority Interest in Earnings	-	-	-9	-5	-4	-
Net Income	5,463	6,003	4,969	3,330	1,905	1,961
Net Income to Common	5,463	6,003	4,969	3,330	1,905	1,961
Net Income Growth	-5.29%	20.81%	49.22%	74.80%	-2.86%	-30.41%
Shares Outstanding (Basic)	22	22	22	22	22	23
Shares Outstanding (Diluted)	22	22	22	22	22	23
Shares Change (YoY)	0.06%	-	-1.46%	-1.32%	-1.80%	0.00%
EPS (Basic)	250.08	274.96	227.60	150.30	84.84	85.76
EPS (Diluted)	250.08	274.96	227.60	150.30	84.84	85.76
EPS Growth	-5.34%	20.81%	51.43%	77.15%	-1.07%	-30.41%
Free Cash Flow	5,125	2,263	498	947	1,338	1,330
Free Cash Flow Per Share	234.61	103.66	22.81	42.74	59.59	58.17
Dividend Per Share	105.000	95.000	75.000	65.000	60.000	51.000
Dividend Growth	23.53%	26.67%	15.38%	8.33%	17.65%	-25.00%
Gross Margin	34.86%	35.65%	35.40%	33.95%	33.46%	34.69%
Operating Margin	10.18%	11.19%	10.60%	8.26%	4.71%	6.66%
Profit Margin	8.14%	8.92%	8.00%	6.30%	4.55%	5.07%
Free Cash Flow Margin	7.63%	3.36%	0.80%	1.79%	3.20%	3.44%
EBITDA	8,928	9,504	8,304	5,829	3,366	3,697
EBITDA Margin	13.30%	14.12%	13.37%	11.02%	8.04%	9.56%
D&A For EBITDA	2,089	1,976	1,718	1,462	1,397	1,123
EBIT	6,839	7,528	6,586	4,367	1,969	2,574
EBIT Margin	10.18%	11.19%	10.60%	8.26%	4.71%	6.66%
Effective Tax Rate	27.00%	26.13%	28.01%	28.57%	29.53%	30.93%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.