Hakudo 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	68,109	66,410	57,253	61,602	55,441
Revenue Growth (YoY)	2.56%	15.99%	-7.06%	11.11%	41.36%
Cost of Revenue	57,500	55,837	47,985	51,449	45,131
Gross Profit	10,609	10,573	9,268	10,153	10,310
Selling, General & Admin	7,737	7,238	6,436	6,199	5,902
Other Operating Expenses	-	66	68	-	-
Operating Expenses	7,737	7,589	6,744	6,375	6,053
Operating Income	2,872	2,984	2,524	3,778	4,257
Interest Expense	-	-	-5	-	-
Interest & Investment Income	168	61	122	111	37
Currency Exchange Gain (Loss)	14	49	28	20	20
Other Non Operating Income (Expenses)	139	124	192	84	62
EBT Excluding Unusual Items	3,193	3,218	2,861	3,993	4,376
Gain (Loss) on Sale of Assets	-4	-5	-14	-5	-3
Pretax Income	3,189	3,213	2,847	3,988	4,373
Income Tax Expense	1,043	977	956	1,251	1,409
Earnings From Continuing Operations	2,146	2,236	1,891	2,737	2,964
Minority Interest in Earnings	-	-	25	-	-
Net Income	2,146	2,236	1,916	2,737	2,964
Net Income to Common	2,146	2,236	1,916	2,737	2,964
Net Income Growth	-4.03%	16.70%	-30.00%	-7.66%	131.38%
Shares Outstanding (Basic)	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11
Shares Change (YoY)	-	-	-	-	-0.00%
EPS (Basic)	189.21	197.15	168.93	241.32	261.33
EPS (Diluted)	189.21	197.15	168.93	241.32	261.33
EPS Growth	-4.03%	16.70%	-30.00%	-7.66%	131.38%
Free Cash Flow	3,705	1,104	1,189	-113	4,096
Free Cash Flow Per Share	326.67	97.34	104.83	-9.96	361.14
Dividend Per Share	-	89.000	80.000	109.000	106.000
Dividend Growth	-	11.25%	-26.61%	2.83%	82.76%
Gross Margin	15.58%	15.92%	16.19%	16.48%	18.60%
Operating Margin	4.22%	4.49%	4.41%	6.13%	7.68%
Profit Margin	3.15%	3.37%	3.35%	4.44%	5.35%
Free Cash Flow Margin	5.44%	1.66%	2.08%	-0.18%	7.39%
EBITDA	4,030	4,182	3,613	4,623	5,096
EBITDA Margin	5.92%	6.30%	6.31%	7.51%	9.19%
D&A For EBITDA	1,158	1,198	1,089	845	839
EBIT	2,872	2,984	2,524	3,778	4,257
EBIT Margin	4.22%	4.49%	4.41%	6.13%	7.68%
Effective Tax Rate	32.71%	30.41%	33.58%	31.37%	32.22%

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