Forum Engineering 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 2016	FY 2015	FY 2014
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '16 Mar 31, 2016	Mar '15 Mar 31, 2015	Mar '14 Mar 31, 2014
Revenue	36,791	34,688	31,279	31,928	30,652	25,736
Revenue Growth (YoY)	8.72%	10.90%	-2.03%	4.16%	19.10%	14.91%
Cost of Revenue	25,564	24,186	22,134	21,996	21,826	19,102
Gross Profit	11,227	10,502	9,145	9,932	8,825	6,634
Selling, General & Admin	6,463	5,911	5,717	-	-	-
Other Operating Expenses	-	-	-	6,306	5,507	4,657
Operating Expenses	6,463	6,300	6,115	6,306	5,507	4,657
Operating Income	4,764	4,202	3,030	3,626	3,318	1,977
Interest Expense	-7	-6	-6	-27.14	-84.56	-116.8
Interest & Investment Income	85	80	3	-	-	-
Other Non Operating Income (Expenses)	-424	7	-11	-2,604	-928.07	-303.51
EBT Excluding Unusual Items	4,418	4,283	3,016	994.66	2,306	1,557
Gain (Loss) on Sale of Assets	-	-1	-	-	-	-
Pretax Income	4,417	4,282	3,016	994.66	2,306	1,557
Income Tax Expense	1,494	1,458	1,010	1,423	-176.68	604.83
Earnings From Continuing Operations	2,923	2,824	2,006	-428.2	2,482	951.93
Net Income to Company	-	2,824	2,006	-	-	-
Minority Interest in Earnings	48	60	33	-	-	-
Net Income	2,971	2,884	2,039	-428.2	2,482	951.93
Net Income to Common	2,971	2,884	2,039	-428.2	2,482	951.93
Net Income Growth	8.55%	41.44%	-	-	160.78%	-42.08%
Shares Outstanding (Basic)	53	52	52	-	-	-
Shares Outstanding (Diluted)	53	53	52	-	-	-
Shares Change (YoY)	1.18%	0.94%	-	-	-	-
EPS (Basic)	56.44	55.08	39.38	-	-	-
EPS (Diluted)	56.03	54.56	38.95	-	-	-
EPS Growth	8.08%	40.08%	-	-	-	-
Free Cash Flow	-	3,685	3,090	-	-	-
Free Cash Flow Per Share	-	69.72	59.01	-	-	-
Dividend Per Share	32.000	53.000	37.500	-	-	-
Dividend Growth	-45.30%	41.33%	-	-	-	-
Gross Margin	30.52%	30.28%	29.24%	31.11%	28.79%	25.77%
Operating Margin	12.95%	12.11%	9.69%	11.36%	10.83%	7.68%
Profit Margin	8.08%	8.31%	6.52%	-1.34%	8.10%	3.70%
Free Cash Flow Margin	-	10.62%	9.88%	-	-	-
EBITDA	-	4,608	3,430	-	-	-
EBITDA Margin	-	13.28%	10.97%	-	-	-
D&A For EBITDA	410.5	406	400	-	-	-
EBIT	4,764	4,202	3,030	3,626	3,318	1,977
EBIT Margin	12.95%	12.11%	9.69%	11.36%	10.83%	7.68%
Effective Tax Rate	33.82%	34.05%	33.49%	-	-	-

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