Nippon Ceramic Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	27,325	25,037	24,449	23,258	21,358
Revenue Growth (YoY)	9.14%	2.40%	5.12%	8.90%	24.78%
Cost of Revenue	18,753	17,847	17,609	16,442	15,392
Gross Profit	8,572	7,190	6,840	6,816	5,966
Selling, General & Admin	1,591	1,472	1,519	1,830	1,720
Research & Development	403	367	406	454	505
Other Operating Expenses	280	254	217	236	229
Operating Expenses	2,416	2,227	2,265	2,638	2,586
Operating Income	6,156	4,963	4,575	4,178	3,380
Interest & Investment Income	448	486	460	366	278
Currency Exchange Gain (Loss)	310	304	158	280	194
Other Non Operating Income (Expenses)	131	91	120	121	87
EBT Excluding Unusual Items	7,045	5,844	5,313	4,945	3,939
Gain (Loss) on Sale of Investments	-	36	-	-	-
Gain (Loss) on Sale of Assets	3,506	-	61	-196	-
Asset Writedown	-524	-1	-19	-178	-167
Other Unusual Items	-21	23	-86	3,291	152
Pretax Income	10,006	5,902	5,269	7,862	3,924
Income Tax Expense	2,939	1,685	1,497	2,748	962
Earnings From Continuing Operations	7,067	4,217	3,772	5,114	2,962
Minority Interest in Earnings	-63	-55	-79	-92	-145
Net Income	7,004	4,162	3,693	5,022	2,817
Net Income to Common	7,004	4,162	3,693	5,022	2,817
Net Income Growth	68.28%	12.70%	-26.46%	78.27%	32.07%
Shares Outstanding (Basic)	22	23	24	24	25
Shares Outstanding (Diluted)	22	23	24	24	25
Shares Change (YoY)	-6.01%	-2.69%	-3.24%	-4.23%	-1.94%
EPS (Basic)	324.58	181.29	156.54	205.98	110.65
EPS (Diluted)	324.58	181.29	156.54	205.98	110.65
EPS Growth	79.04%	15.81%	-24.00%	86.16%	34.68%
Free Cash Flow	2,748	4,988	3,863	3,015	2,308
Free Cash Flow Per Share	127.35	217.27	163.74	123.66	90.66
Dividend Per Share	125.000	100.000	100.000	50.000	50.000
Dividend Growth	25.00%	-	100.00%	-	-
Gross Margin	31.37%	28.72%	27.98%	29.31%	27.93%
Operating Margin	22.53%	19.82%	18.71%	17.96%	15.82%
Profit Margin	25.63%	16.62%	15.10%	21.59%	13.19%
Free Cash Flow Margin	10.06%	19.92%	15.80%	12.96%	10.81%
EBITDA	7,473	6,333	6,067	5,479	4,522
EBITDA Margin	27.35%	25.29%	24.82%	23.56%	21.17%
D&A For EBITDA	1,317	1,370	1,492	1,301	1,142
EBIT	6,156	4,963	4,575	4,178	3,380
EBIT Margin	22.53%	19.82%	18.71%	17.96%	15.82%
Effective Tax Rate	29.37%	28.55%	28.41%	34.95%	24.52%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.