Poppins Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	34,409	31,690	28,893	26,258	24,749
Revenue Growth (YoY)	8.58%	9.68%	10.04%	6.10%	7.39%
Cost of Revenue	26,921	25,106	22,957	20,656	19,404
Gross Profit	7,488	6,584	5,936	5,602	5,345
Selling, General & Admin	5,647	4,086	3,945	3,589	3,337
Other Operating Expenses	-	923	828	706	488
Operating Expenses	5,657	5,020	4,792	4,303	3,825
Operating Income	1,831	1,564	1,144	1,299	1,520
Interest Expense	-22	-18	-11	-11	-18
Interest & Investment Income	3	-	-	-	-
Currency Exchange Gain (Loss)	-	20	12	24	-
Other Non Operating Income (Expenses)	-	27	155	44	108
EBT Excluding Unusual Items	1,812	1,593	1,300	1,356	1,610
Gain (Loss) on Sale of Assets	3	-	-	-	-
Asset Writedown	-56	-371	-225	-159	-153
Other Unusual Items	-	-1	-	-	-1
Pretax Income	1,759	1,221	1,075	1,197	1,456
Income Tax Expense	617	445	398	373	490
Net Income	1,142	776	677	824	966
Net Income to Common	1,142	776	677	824	966
Net Income Growth	47.16%	14.62%	-17.84%	-14.70%	-8.09%
Shares Outstanding (Basic)	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10
Shares Change (YoY)	0.00%	-0.09%	-0.35%	-0.30%	16.96%
EPS (Basic)	117.09	79.74	69.75	84.97	99.62
EPS (Diluted)	115.64	78.63	68.59	83.15	97.18
EPS Growth	47.07%	14.64%	-17.51%	-14.44%	-21.41%
Free Cash Flow	882	1,180	-825	-1,337	518
Free Cash Flow Per Share	89.31	119.49	-83.47	-134.80	52.07
Dividend Per Share	-	40.000	40.000	40.000	40.000
Dividend Growth	-	-	-	-	14.29%
Gross Margin	21.76%	20.78%	20.54%	21.33%	21.60%
Operating Margin	5.32%	4.93%	3.96%	4.95%	6.14%
Profit Margin	3.32%	2.45%	2.34%	3.14%	3.90%
Free Cash Flow Margin	2.56%	3.72%	-2.85%	-5.09%	2.09%
EBITDA	2,075	1,835	1,426	1,562	1,798
EBITDA Margin	6.03%	5.79%	4.93%	5.95%	7.27%
D&A For EBITDA	244	271	282	263	278
EBIT	1,831	1,564	1,144	1,299	1,520
EBIT Margin	5.32%	4.93%	3.96%	4.95%	6.14%
Effective Tax Rate	35.08%	36.45%	37.02%	31.16%	33.65%

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