Mitsuba 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	345,660	349,353	344,154	319,500	286,482	269,202
Revenue Growth (YoY)	0.29%	1.51%	7.72%	11.53%	6.42%	-11.51%
Cost of Revenue	291,121	295,067	291,677	279,457	247,573	231,149
Gross Profit	54,539	54,286	52,477	40,043	38,909	38,053
Selling, General & Admin	32,453	32,848	30,703	32,777	31,469	28,558
Other Operating Expenses	507	507	621	547	252	946
Operating Expenses	32,735	33,130	31,324	33,324	31,721	29,504
Operating Income	21,804	21,156	21,153	6,719	7,188	8,549
Interest Expense	-2,652	-2,363	-2,361	-2,126	-1,937	-1,960
Interest & Investment Income	2,412	2,504	2,117	1,431	958	782
Earnings From Equity Investments	684	535	446	27	69	254
Currency Exchange Gain (Loss)	-140	-1,224	1,586	746	1,621	967
Other Non Operating Income (Expenses)	-406	-596	-599	-750	-372	156
EBT Excluding Unusual Items	21,702	20,012	22,342	6,047	7,527	8,748
Gain (Loss) on Sale of Investments	803	432	1,147	292	1,008	399
Gain (Loss) on Sale of Assets	-398	19	10	106	745	36
Asset Writedown	-6,402	-1,797	-521	-471	-326	-534
Legal Settlements	-	-	-	-	-	-210
Other Unusual Items	-1,047	-576	-4,463	-120	-4,058	-2,872
Pretax Income	14,724	18,090	18,515	5,854	4,896	5,567
Income Tax Expense	6,602	4,469	2,856	2,985	3,082	3,121
Earnings From Continuing Operations	8,122	13,621	15,659	2,869	1,814	2,446
Minority Interest in Earnings	616	-1,757	-1,918	-1,684	-1,731	-1,714
Net Income	8,738	11,864	13,741	1,185	83	732
Preferred Dividends & Other Adjustments	591	591	600	-	-	-
Net Income to Common	8,147	11,273	13,141	1,185	83	732
Net Income Growth	-37.81%	-13.66%	1059.58%	1327.71%	-88.66%	-
Shares Outstanding (Basic)	46	45	45	45	45	45
Shares Outstanding (Diluted)	46	55	85	58	58	51
Shares Change (YoY)	-25.23%	-35.31%	47.18%	-	12.48%	14.35%
EPS (Basic)	178.44	251.88	293.62	26.48	1.85	16.36
EPS (Diluted)	156.49	216.46	162.19	20.59	1.46	14.30
EPS Growth	-31.50%	33.47%	687.69%	1310.27%	-89.79%	-
Free Cash Flow	20,519	29,238	31,233	19,781	1,077	8,031
Free Cash Flow Per Share	446.22	533.45	368.64	343.62	18.71	156.92
Dividend Per Share	10.000	10.000	6.000	3.000	3.000	-
Dividend Growth	66.67%	66.67%	100.00%	-	-	-
Gross Margin	-	15.54%	15.25%	12.53%	13.58%	14.13%
Operating Margin	6.31%	6.06%	6.15%	2.10%	2.51%	3.18%
Profit Margin	2.36%	3.23%	3.82%	0.37%	0.03%	0.27%
Free Cash Flow Margin	5.94%	8.37%	9.07%	6.19%	0.38%	2.98%
EBITDA	35,672	36,645	37,332	23,548	23,692	25,117
EBITDA Margin	-	10.49%	10.85%	7.37%	8.27%	9.33%
D&A For EBITDA	13,868	15,489	16,179	16,829	16,504	16,568
EBIT	21,804	21,156	21,153	6,719	7,188	8,549
EBIT Margin	-	6.06%	6.15%	2.10%	2.51%	3.18%
Effective Tax Rate	-	24.70%	15.43%	50.99%	62.95%	56.06%

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