Ligua 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	2,389	2,872	3,430	2,837	3,202	2,687
Revenue Growth (YoY)	-21.36%	-16.27%	20.90%	-11.40%	19.17%	24.00%
Cost of Revenue	968	1,167	1,551	1,613	1,568	1,246
Gross Profit	1,421	1,705	1,879	1,224	1,634	1,441
Selling, General & Admin	1,670	1,857	1,760	1,732	1,476	1,194
Operating Expenses	1,673	1,860	1,761	1,732	1,476	1,194
Operating Income	-252	-155	118	-508	158	247
Interest Expense	-30	-28	-21	-16	-10	-9
Other Non Operating Income (Expenses)	-8	-3	-3	-2	2	1
EBT Excluding Unusual Items	-289	-186	94	-526	150	239
Gain (Loss) on Sale of Investments	59	-	-	-	-	-
Gain (Loss) on Sale of Assets	3	3	-	-	-	-
Asset Writedown	-	-	-	-358	-1	-3
Other Unusual Items	-3	13	30	-	-31	-
Pretax Income	-230	-170	124	-884	118	236
Income Tax Expense	137	131	20	-108	46	79
Earnings From Continuing Operations	-367	-301	104	-776	72	157
Net Income to Company	-	-301	104	-776	72	157
Minority Interest in Earnings	-	-	-	2	-	-
Net Income	-367	-301	104	-774	72	157
Net Income to Common	-367	-301	104	-774	72	157
Net Income Growth	-	-	-	-	-54.14%	10.56%
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
Shares Change (YoY)	0.52%	1.66%	4.26%	-2.06%	0.59%	29.16%
EPS (Basic)	-246.39	-202.46	71.81	-551.80	51.36	116.33
EPS (Diluted)	-246.39	-202.46	71.17	-551.80	50.55	110.43
EPS Growth	-	-	-	-	-54.22%	-14.72%
Free Cash Flow	-	146	-6	-385	40	178
Free Cash Flow Per Share	-	98.20	-4.10	-274.47	27.93	125.02
Gross Margin	59.48%	59.37%	54.78%	43.14%	51.03%	53.63%
Operating Margin	-10.55%	-5.40%	3.44%	-17.91%	4.93%	9.19%
Profit Margin	-15.36%	-10.48%	3.03%	-27.28%	2.25%	5.84%
Free Cash Flow Margin	-	5.08%	-0.18%	-13.57%	1.25%	6.62%
EBITDA	-249.25	-87	273	-259	358	332
EBITDA Margin	-10.43%	-3.03%	7.96%	-9.13%	11.18%	12.36%
D&A For EBITDA	2.75	68	155	249	200	85
EBIT	-252	-155	118	-508	158	247
EBIT Margin	-10.55%	-5.40%	3.44%	-17.91%	4.93%	9.19%
Effective Tax Rate	-	-	16.13%	-	38.98%	33.48%

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