Hoshi Iryo-Sanki 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	15,451	15,102	14,778	13,779	12,771	11,809
Revenue Growth (YoY)	2.29%	2.19%	7.25%	7.89%	8.15%	8.56%
Cost of Revenue	7,771	7,540	7,569	7,067	6,598	6,044
Gross Profit	7,680	7,562	7,209	6,712	6,173	5,765
Selling, General & Admin	5,483	5,325	5,002	4,730	4,434	4,184
Operating Expenses	5,738	5,580	5,247	4,934	4,578	4,324
Operating Income	1,942	1,982	1,962	1,778	1,595	1,441
Interest Expense	-13	-5	-4	-6	-8	-5
Interest & Investment Income	79	51	34	22	19	18
Other Non Operating Income (Expenses)	17	23	45	22	14	7
EBT Excluding Unusual Items	2,025	2,051	2,037	1,816	1,620	1,461
Gain (Loss) on Sale of Investments	9	9	-	-24	-	-1
Gain (Loss) on Sale of Assets	2	2	7	-	1	14
Asset Writedown	-10	-	-	-1	-	-19
Other Unusual Items	-	-	-	-1	-	-1
Pretax Income	2,026	2,062	2,044	1,790	1,621	1,454
Income Tax Expense	577	587	634	527	504	455
Earnings From Continuing Operations	1,449	1,475	1,410	1,263	1,117	999
Minority Interest in Earnings	-2	-12	-6	-10	-10	-6
Net Income	1,447	1,463	1,404	1,253	1,107	993
Net Income to Common	1,447	1,463	1,404	1,253	1,107	993
Net Income Growth	5.31%	4.20%	12.05%	13.19%	11.48%	35.29%
Shares Outstanding (Basic)	3	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3	3
Shares Change (YoY)	0.12%	0.11%	0.15%	0.68%	-2.66%	-2.71%
EPS (Basic)	463.46	469.02	450.60	402.76	358.27	312.84
EPS (Diluted)	463.46	469.02	450.60	402.76	358.27	312.84
EPS Growth	5.18%	4.09%	11.88%	12.42%	14.52%	39.06%
Free Cash Flow	-	1,652	2,146	1,885	1,403	2,285
Free Cash Flow Per Share	-	529.62	688.74	605.91	454.06	719.87
Dividend Per Share	35.000	70.000	60.000	60.000	55.000	50.000
Dividend Growth	-46.15%	16.67%	-	9.09%	10.00%	-
Gross Margin	49.71%	50.07%	48.78%	48.71%	48.34%	48.82%
Operating Margin	12.57%	13.12%	13.28%	12.90%	12.49%	12.20%
Profit Margin	9.37%	9.69%	9.50%	9.09%	8.67%	8.41%
Free Cash Flow Margin	-	10.94%	14.52%	13.68%	10.99%	19.35%
EBITDA	2,715	2,810	2,864	2,710	2,484	2,206
EBITDA Margin	17.57%	18.61%	19.38%	19.67%	19.45%	18.68%
D&A For EBITDA	772.5	828	902	932	889	765
EBIT	1,942	1,982	1,962	1,778	1,595	1,441
EBIT Margin	12.57%	13.12%	13.28%	12.90%	12.49%	12.20%
Effective Tax Rate	28.48%	28.47%	31.02%	29.44%	31.09%	31.29%

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