Kowa Co.,Ltd. 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	6,394	6,368	6,404	6,268	5,717
Revenue Growth (YoY)	0.41%	-0.56%	2.17%	9.64%	9.63%
Cost of Revenue	3,566	3,544	3,451	3,612	3,034
Gross Profit	2,828	2,824	2,953	2,656	2,683
Selling, General & Admin	2,080	2,027	2,002	2,003	2,087
Research & Development	-	-	2	4	6
Operating Expenses	2,080	2,027	2,004	2,007	2,093
Operating Income	748	797	949	649	590
Interest Expense	-10	-15	-20	-25	-29
Interest & Investment Income	7	5	4	4	1
Currency Exchange Gain (Loss)	-88	10	-53	-15	-48
Other Non Operating Income (Expenses)	9	30	55	52	30
EBT Excluding Unusual Items	666	827	935	665	544
Gain (Loss) on Sale of Investments	-21	-2	-	-	-
Gain (Loss) on Sale of Assets	-	61	-	-	-
Asset Writedown	-	-104	-37	-	-
Other Unusual Items	-	147	75	-	29
Pretax Income	645	929	973	665	573
Income Tax Expense	201	296	251	223	163
Earnings From Continuing Operations	444	633	722	442	410
Minority Interest in Earnings	-17	-17	-12	-4	-10
Net Income	427	616	710	438	400
Net Income to Common	427	616	710	438	400
Net Income Growth	-30.68%	-13.24%	62.10%	9.50%	2.83%
Shares Outstanding (Basic)	4	4	5	5	5
Shares Outstanding (Diluted)	4	4	5	5	5
Shares Change (YoY)	-3.38%	-7.44%	-6.72%	8.59%	4.12%
EPS (Basic)	102.87	144.84	154.61	88.51	88.36
EPS (Diluted)	102.86	143.41	153.04	88.07	87.49
EPS Growth	-28.28%	-6.29%	73.77%	0.66%	-1.10%
Free Cash Flow	600	642	694	521	388
Free Cash Flow Per Share	144.53	149.42	149.50	104.69	84.66
Dividend Per Share	-	12.000	11.000	10.000	30.060
Dividend Growth	-	9.09%	10.00%	-66.73%	200.60%
Gross Margin	44.23%	44.35%	46.11%	42.37%	46.93%
Operating Margin	11.70%	12.52%	14.82%	10.35%	10.32%
Profit Margin	6.68%	9.67%	11.09%	6.99%	7.00%
Free Cash Flow Margin	9.38%	10.08%	10.84%	8.31%	6.79%
EBITDA	978	1,023	1,164	874	837
EBITDA Margin	15.30%	16.06%	18.18%	13.94%	14.64%
D&A For EBITDA	230	226	215	225	247
EBIT	748	797	949	649	590
EBIT Margin	11.70%	12.52%	14.82%	10.35%	10.32%
Effective Tax Rate	31.16%	31.86%	25.80%	33.53%	28.45%

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