ARGO GRAPHICS Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	71,526	69,541	59,511	53,347	46,188
Revenue Growth (YoY)	2.85%	16.85%	11.55%	15.50%	6.39%
Cost of Revenue	52,745	51,674	43,495	39,183	33,509
Gross Profit	18,781	17,867	16,016	14,164	12,679
Selling, General & Admin	8,035	7,298	6,515	6,062	5,742
Research & Development	-	370	328	328	335
Operating Expenses	8,035	7,668	6,843	6,390	6,077
Operating Income	10,746	10,199	9,173	7,774	6,602
Interest & Investment Income	643	517	367	298	232
Earnings From Equity Investments	61	60	48	50	33
Currency Exchange Gain (Loss)	-10	11	41	28	42
Other Non Operating Income (Expenses)	-21	90	57	49	41
EBT Excluding Unusual Items	11,419	10,877	9,686	8,199	6,950
Gain (Loss) on Sale of Investments	16,017	42	-	-71	-15
Gain (Loss) on Sale of Assets	-	-	-	-	-8
Asset Writedown	-	-	-	-81	-
Other Unusual Items	-	-	-	81	-
Pretax Income	27,436	10,919	9,686	8,128	6,927
Income Tax Expense	8,092	3,304	2,955	2,531	2,186
Earnings From Continuing Operations	19,344	7,615	6,731	5,597	4,741
Minority Interest in Earnings	-154	-168	-211	-177	-224
Net Income	19,190	7,447	6,520	5,420	4,517
Net Income to Common	19,190	7,447	6,520	5,420	4,517
Net Income Growth	157.69%	14.22%	20.29%	19.99%	14.04%
Shares Outstanding (Basic)	73	85	85	85	85
Shares Outstanding (Diluted)	73	85	85	85	85
Shares Change (YoY)	-14.55%	-0.04%	-0.11%	-0.18%	0.08%
EPS (Basic)	263.52	87.39	76.48	63.51	52.83
EPS (Diluted)	263.52	87.39	76.48	63.51	52.83
EPS Growth	201.56%	14.26%	20.42%	20.21%	13.94%
Free Cash Flow	608	5,759	9,576	3,050	5,909
Free Cash Flow Per Share	8.35	67.58	112.33	35.74	69.11
Dividend Per Share	-	27.500	22.500	18.250	15.750
Dividend Growth	-	22.22%	23.29%	15.87%	5.00%
Gross Margin	26.26%	25.69%	26.91%	26.55%	27.45%
Operating Margin	15.02%	14.67%	15.41%	14.57%	14.29%
Profit Margin	26.83%	10.71%	10.96%	10.16%	9.78%
Free Cash Flow Margin	0.85%	8.28%	16.09%	5.72%	12.79%
EBITDA	10,932	10,472	9,411	7,981	6,790
EBITDA Margin	15.28%	15.06%	15.81%	14.96%	14.70%
D&A For EBITDA	186	273	238	207	188
EBIT	10,746	10,199	9,173	7,774	6,602
EBIT Margin	15.02%	14.67%	15.41%	14.57%	14.29%
Effective Tax Rate	29.49%	30.26%	30.51%	31.14%	31.56%

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