Ledax 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	19,473	20,034	19,072	19,058	18,383	16,031
Revenue Growth (YoY)	-4.92%	5.04%	0.07%	3.67%	14.67%	0.36%
Cost of Revenue	16,538	17,132	15,925	16,371	15,020	12,527
Gross Profit	2,935	2,902	3,147	2,687	3,363	3,504
Selling, General & Admin	3,192	3,102	3,048	3,186	3,161	3,267
Operating Expenses	3,192	3,102	3,048	3,186	3,161	3,267
Operating Income	-257	-200	99	-499	202	237
Interest Expense	-8	-4	-2	-3	-1	-1
Interest & Investment Income	3	5	4	3	3	3
Earnings From Equity Investments	-37	-	-	-2	-	-
Currency Exchange Gain (Loss)	-52	3	39	22	5	-
Other Non Operating Income (Expenses)	43	52	8	12	4	3
EBT Excluding Unusual Items	-308	-144	148	-467	213	242
Gain (Loss) on Sale of Investments	79	3	-	-	-	-
Gain (Loss) on Sale of Assets	4	14	1	-	-	-
Asset Writedown	-	-12	-	-1	-454	-3
Other Unusual Items	1	14	-1	-	-	-2
Pretax Income	-224	-125	148	-468	-241	237
Income Tax Expense	36	33	35	36	47	68
Earnings From Continuing Operations	-260	-158	113	-504	-288	169
Minority Interest in Earnings	-8	-29	-40	-10	-5	-12
Net Income	-268	-187	73	-514	-293	157
Net Income to Common	-268	-187	73	-514	-293	157
Net Income Growth	-	-	-	-	-	0.64%
Shares Outstanding (Basic)	21	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21	21
Shares Change (YoY)	-0.01%	0.03%	0.13%	0.13%	-0.00%	0.50%
EPS (Basic)	-12.93	-9.02	3.52	-24.83	-14.17	7.60
EPS (Diluted)	-12.93	-9.02	3.52	-24.83	-14.17	7.60
EPS Growth	-	-	-	-	-	0.14%
Free Cash Flow	-	-873	856	-324	-1,204	-416
Free Cash Flow Per Share	-	-42.11	41.30	-15.65	-58.25	-20.13
Dividend Per Share	-	-	1.000	-	2.000	2.000
Gross Margin	15.07%	14.49%	16.50%	14.10%	18.29%	21.86%
Operating Margin	-1.32%	-1.00%	0.52%	-2.62%	1.10%	1.48%
Profit Margin	-1.38%	-0.93%	0.38%	-2.70%	-1.59%	0.98%
Free Cash Flow Margin	-	-4.36%	4.49%	-1.70%	-6.55%	-2.60%
EBITDA	-117	-81	190	-407	282	327
EBITDA Margin	-0.60%	-0.40%	1.00%	-2.14%	1.53%	2.04%
D&A For EBITDA	140	119	91	92	80	90
EBIT	-257	-200	99	-499	202	237
EBIT Margin	-1.32%	-1.00%	0.52%	-2.62%	1.10%	1.48%
Effective Tax Rate	-	-	23.65%	-	-	28.69%
Advertising Expenses	-	354	378	445	386	381

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