Pulstec Industrial 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	2,513	2,486	2,612	2,448	2,445	2,090
Revenue Growth (YoY)	-5.67%	-4.82%	6.70%	0.12%	16.99%	-9.84%
Cost of Revenue	1,467	1,543	1,586	1,511	1,549	1,337
Gross Profit	1,046	943	1,026	937	896	753
Selling, General & Admin	660	607	597	566	584	593
Research & Development	-	-	70	70	-	-
Operating Expenses	660	607	667	636	579	589
Operating Income	386	336	359	301	317	164
Interest & Investment Income	12	10	4	4	3	3
Currency Exchange Gain (Loss)	-2	-2	12	7	17	4
Other Non Operating Income (Expenses)	10	9	12	19	14	20
EBT Excluding Unusual Items	406	353	387	331	351	191
Gain (Loss) on Sale of Assets	-	-	-	-	1	-
Asset Writedown	-	-14	-	-	-	-
Other Unusual Items	-	-	39	-	-	-
Pretax Income	406	339	426	331	352	191
Income Tax Expense	1	-16	99	89	12	35
Net Income	405	355	327	242	340	156
Net Income to Common	405	355	327	242	340	156
Net Income Growth	29.81%	8.56%	35.12%	-28.82%	117.95%	-28.77%
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
Shares Change (YoY)	-0.01%	-	-	-	-	-
EPS (Basic)	296.06	259.50	239.04	176.90	248.54	114.04
EPS (Diluted)	296.06	259.50	239.04	176.90	248.54	114.04
EPS Growth	29.83%	8.56%	35.12%	-28.82%	117.95%	-28.77%
Free Cash Flow	-	-151	267	-131	605	622
Free Cash Flow Per Share	-	-110.38	195.18	-95.76	442.25	454.68
Dividend Per Share	80.000	80.000	80.000	70.000	85.000	45.000
Dividend Growth	-	-	14.29%	-17.65%	88.89%	-18.18%
Gross Margin	41.62%	37.93%	39.28%	38.28%	36.65%	36.03%
Operating Margin	15.36%	13.52%	13.74%	12.30%	12.96%	7.85%
Profit Margin	16.12%	14.28%	12.52%	9.89%	13.91%	7.46%
Free Cash Flow Margin	-	-6.07%	10.22%	-5.35%	24.74%	29.76%
EBITDA	442.5	394	419	360	389	240
EBITDA Margin	17.61%	15.85%	16.04%	14.71%	15.91%	11.48%
D&A For EBITDA	56.5	58	60	59	72	76
EBIT	386	336	359	301	317	164
EBIT Margin	15.36%	13.52%	13.74%	12.30%	12.96%	7.85%
Effective Tax Rate	0.25%	-	23.24%	26.89%	3.41%	18.32%

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