TDSE Inc. 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
Operating Revenue	2,908	2,699	2,521	2,415	1,723	1,323
Revenue	2,908	2,699	2,521	2,415	1,723	1,323
Revenue Growth (YoY)	11.50%	7.06%	4.39%	40.16%	30.23%	-3.92%
Cost of Revenue	1,840	1,774	1,626	1,565	1,018	855
Gross Profit	1,068	925	895	850	705	468
Selling, General & Admin	865	724	621	583	486	417
Operating Expenses	867	726	623	585	487	418
Operating Income	201	199	272	265	218	50
Interest & Investment Income	1	-	-	-	-	16
Other Non Operating Income (Expenses)	6	1	2	2	-	1
EBT Excluding Unusual Items	207	200	274	267	218	67
Gain (Loss) on Sale of Investments	-	-	-	-	-	207
Other Unusual Items	-	-	1	-40	-	2
Pretax Income	207	200	275	227	218	276
Income Tax Expense	65	64	75	59	70	86
Net Income	142	136	200	168	148	190
Net Income to Common	142	136	200	168	148	190
Net Income Growth	-22.40%	-32.00%	19.05%	13.51%	-22.11%	111.11%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	0.10%	0.13%	0.75%	0.47%	0.24%	-0.00%
EPS (Basic)	67.97	65.30	96.45	81.37	72.02	92.68
EPS (Diluted)	67.97	65.30	96.15	81.37	72.02	92.68
EPS Growth	-22.48%	-32.09%	18.16%	12.98%	-22.29%	111.11%
Free Cash Flow	-	197	107	195	224	47
Free Cash Flow Per Share	-	94.58	51.44	94.45	109.01	22.93
Gross Margin	36.73%	34.27%	35.50%	35.20%	40.92%	35.37%
Operating Margin	6.91%	7.37%	10.79%	10.97%	12.65%	3.78%
Profit Margin	4.88%	5.04%	7.93%	6.96%	8.59%	14.36%
Free Cash Flow Margin	-	7.30%	4.24%	8.08%	13.00%	3.55%
EBITDA	230.5	221	284	274	226	61
EBITDA Margin	7.93%	8.19%	11.27%	11.35%	13.12%	4.61%
D&A For EBITDA	29.5	22	12	9	8	11
EBIT	201	199	272	265	218	50
EBIT Margin	6.91%	7.37%	10.79%	10.97%	12.65%	3.78%
Effective Tax Rate	31.40%	32.00%	27.27%	25.99%	32.11%	31.16%
Advertising Expenses	-	16	15	22	56	46

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