C Channel 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	2,114	1,991	5,769	6,236	5,671	7,030
Revenue Growth (YoY)	-23.02%	-65.49%	-7.49%	9.96%	-19.33%	-5.63%
Cost of Revenue	1,039	943	2,783	2,993	2,693	3,424
Gross Profit	1,075	1,048	2,986	3,243	2,978	3,606
Selling, General & Admin	1,118	1,112	3,208	3,594	3,371	4,131
Operating Expenses	1,118	1,112	3,208	3,594	3,371	4,131
Operating Income	-43	-64	-222	-351	-393	-525
Interest Expense	-10	-7	-16	-12	-8	-8
Earnings From Equity Investments	-	-	-	-42	-80	-59
Currency Exchange Gain (Loss)	-10	-15	3	15	3	-
Other Non Operating Income (Expenses)	-	-6	3	10	14	10
EBT Excluding Unusual Items	-63	-92	-232	-380	-464	-582
Gain (Loss) on Sale of Investments	-	167	-	-	6	3
Gain (Loss) on Sale of Assets	-	-	-	1	-2	-2
Asset Writedown	-	-	-	-546	-14	-
Other Unusual Items	2	4	4	42	-6	1
Pretax Income	-61	79	-228	-883	-480	-580
Income Tax Expense	2	3	1	17	-	60
Earnings From Continuing Operations	-63	76	-229	-900	-480	-640
Minority Interest in Earnings	-	-	-5	26	23	-1
Net Income	-63	76	-234	-874	-457	-641
Net Income to Common	-63	76	-234	-874	-457	-641
Shares Outstanding (Basic)	29	29	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29	29
Shares Change (YoY)	-0.70%	1.58%	-	-	-	4.19%
EPS (Basic)	-2.19	2.65	-8.15	-30.43	-15.91	-22.32
EPS (Diluted)	-2.19	2.61	-8.15	-30.43	-15.91	-22.32
Free Cash Flow	-	-131	8	-519	-482	-506
Free Cash Flow Per Share	-	-4.49	0.28	-18.07	-16.78	-17.62
Gross Margin	50.85%	52.64%	51.76%	52.00%	52.51%	51.29%
Operating Margin	-2.03%	-3.21%	-3.85%	-5.63%	-6.93%	-7.47%
Profit Margin	-2.98%	3.82%	-4.06%	-14.02%	-8.06%	-9.12%
Free Cash Flow Margin	-	-6.58%	0.14%	-8.32%	-8.50%	-7.20%
EBITDA	-12.25	-34	-193	-306	-343	-455
EBITDA Margin	-0.58%	-1.71%	-3.35%	-4.91%	-6.05%	-6.47%
D&A For EBITDA	30.75	30	29	45	50	70
EBIT	-43	-64	-222	-351	-393	-525
EBIT Margin	-2.03%	-3.21%	-3.85%	-5.63%	-6.93%	-7.47%
Effective Tax Rate	-	3.80%	-	-	-	-

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