Meiwa Industry 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	23,347	23,250	22,394	21,195	19,679	18,311
Revenue Growth (YoY)	3.92%	3.82%	5.66%	7.70%	7.47%	-18.11%
Cost of Revenue	19,860	19,772	19,881	18,245	16,664	16,051
Gross Profit	3,487	3,478	2,513	2,950	3,015	2,260
Selling, General & Admin	2,967	2,973	2,918	2,882	2,758	2,775
Operating Expenses	2,967	2,973	2,935	2,882	2,758	2,775
Operating Income	520	505	-422	68	257	-515
Interest Expense	-119	-125	-104	-67	-56	-50
Interest & Investment Income	38	34	42	34	45	40
Currency Exchange Gain (Loss)	9	7	21	-5	-24	-22
Other Non Operating Income (Expenses)	-36	12	16	-55	-2	21
EBT Excluding Unusual Items	412	433	-447	-25	220	-526
Gain (Loss) on Sale of Investments	165	165	224	-	213	51
Asset Writedown	-3	-6	-63	-29	-18	-345
Other Unusual Items	-39	-39	-52	-1	-28	-123
Pretax Income	535	553	-338	-55	387	-943
Income Tax Expense	21	101	-33	18	80	85
Net Income	514	452	-305	-73	307	-1,028
Net Income to Common	514	452	-305	-73	307	-1,028
Net Income Growth	198.84%	-	-	-	-	-
Shares Outstanding (Basic)	3	3	3	3	3	4
Shares Outstanding (Diluted)	3	3	3	3	3	4
Shares Change (YoY)	-0.01%	-0.01%	-0.01%	-0.01%	-0.01%	-0.01%
EPS (Basic)	146.90	129.18	-87.16	-20.86	87.72	-293.70
EPS (Diluted)	146.90	129.18	-87.16	-20.86	87.72	-293.70
EPS Growth	198.85%	-	-	-	-	-
Free Cash Flow	-	-1,024	-332	-393	-52	-924
Free Cash Flow Per Share	-	-292.65	-94.88	-112.30	-14.86	-263.99
Dividend Per Share	25.000	50.000	50.000	50.000	50.000	25.000
Dividend Growth	-50.00%	-	-	-	100.00%	-50.00%
Gross Margin	14.94%	14.96%	11.22%	13.92%	15.32%	12.34%
Operating Margin	2.23%	2.17%	-1.88%	0.32%	1.31%	-2.81%
Profit Margin	2.20%	1.94%	-1.36%	-0.34%	1.56%	-5.61%
Free Cash Flow Margin	-	-4.40%	-1.48%	-1.85%	-0.26%	-5.05%
EBITDA	1,459	1,416	452	930	1,044	715
EBITDA Margin	6.25%	6.09%	2.02%	4.39%	5.30%	3.91%
D&A For EBITDA	938.75	911	874	862	787	1,230
EBIT	520	505	-422	68	257	-515
EBIT Margin	2.23%	2.17%	-1.88%	0.32%	1.31%	-2.81%
Effective Tax Rate	3.92%	18.26%	-	-	20.67%	-

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