Tay Two Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Revenue	42,233	36,477	35,197	31,255	26,848
Revenue Growth (YoY)	15.78%	3.64%	12.61%	16.41%	7.59%
Cost of Revenue	28,226	24,165	23,353	20,512	17,806
Gross Profit	14,007	12,312	11,844	10,743	9,042
Selling, General & Admin	12,164	10,979	10,131	8,922	7,506
Amortization of Goodwill & Intangibles	20	40	40	40	40
Operating Expenses	12,629	11,400	10,510	9,186	7,742
Operating Income	1,378	912	1,334	1,557	1,300
Interest Expense	-44	-28	-20	-22	-21
Interest & Investment Income	5	3	3	3	3
Earnings From Equity Investments	-21	-7	63	21	3
Other Non Operating Income (Expenses)	40	38	42	43	31
EBT Excluding Unusual Items	1,358	918	1,422	1,602	1,316
Gain (Loss) on Sale of Investments	88	-	-	-	-
Asset Writedown	-138	-157	-309	-13	-118
Other Unusual Items	67	-3	-3	-5	-5
Pretax Income	1,375	758	1,110	1,584	1,193
Income Tax Expense	508	257	542	582	-306
Net Income	867	501	568	1,002	1,499
Net Income to Common	867	501	568	1,002	1,499
Net Income Growth	73.05%	-11.80%	-43.31%	-33.16%	113.23%
Shares Outstanding (Basic)	64	63	64	65	67
Shares Outstanding (Diluted)	64	63	64	65	67
Shares Change (YoY)	0.65%	-1.70%	-0.36%	-4.10%	1.84%
EPS (Basic)	13.64	7.93	8.84	15.53	22.29
EPS (Diluted)	13.64	7.93	8.84	15.53	22.29
EPS Growth	71.95%	-10.27%	-43.11%	-30.30%	109.37%
Free Cash Flow	1,151	467	-235	886	220
Free Cash Flow Per Share	18.10	7.39	-3.66	13.73	3.27
Dividend Per Share	-	4.000	4.000	3.000	1.000
Dividend Growth	-	-	33.33%	200.00%	-
Gross Margin	33.17%	33.75%	33.65%	34.37%	33.68%
Operating Margin	3.26%	2.50%	3.79%	4.98%	4.84%
Profit Margin	2.05%	1.37%	1.61%	3.21%	5.58%
Free Cash Flow Margin	2.73%	1.28%	-0.67%	2.83%	0.82%
EBITDA	1,843	1,333	1,713	1,821	1,532
EBITDA Margin	4.36%	3.65%	4.87%	5.83%	5.71%
D&A For EBITDA	465	421	379	264	232
EBIT	1,378	912	1,334	1,557	1,300
EBIT Margin	3.26%	2.50%	3.79%	4.98%	4.84%
Effective Tax Rate	36.95%	33.91%	48.83%	36.74%	-
Advertising Expenses	522	416	299	250	191

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.