Sun Messe 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	16,576	16,436	16,633	17,148	16,603	14,928
Revenue Growth (YoY)	-0.48%	-1.18%	-3.00%	3.28%	11.22%	-7.82%
Cost of Revenue	13,066	12,925	13,170	13,691	13,033	11,821
Gross Profit	3,510	3,511	3,463	3,457	3,570	3,107
Selling, General & Admin	3,453	3,379	3,195	3,210	3,092	2,887
Operating Expenses	3,450	3,376	3,205	3,216	3,106	2,887
Operating Income	60	135	258	241	464	220
Interest Expense	-16	-12	-8	-8	-9	-9
Interest & Investment Income	146	129	102	91	78	66
Other Non Operating Income (Expenses)	90	97	61	72	71	108
EBT Excluding Unusual Items	280	349	413	396	604	385
Gain (Loss) on Sale of Investments	2	1	-5	1	-81	40
Gain (Loss) on Sale of Assets	34	30	-	23	24	-4
Asset Writedown	-100	-	-4	-	-6	-4
Other Unusual Items	-	-1	-1	48	-217	8
Pretax Income	216	379	403	468	324	425
Income Tax Expense	51	44	144	146	51	110
Earnings From Continuing Operations	165	335	259	322	273	315
Minority Interest in Earnings	-	-3	-2	5	-9	-11
Net Income	165	332	257	327	264	304
Net Income to Common	165	332	257	327	264	304
Net Income Growth	-51.04%	29.18%	-21.41%	23.86%	-13.16%	66.12%
Shares Outstanding (Basic)	15	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15	15
Shares Change (YoY)	-0.05%	-	-	-	-	-0.00%
EPS (Basic)	10.65	21.42	16.58	21.10	17.04	19.62
EPS (Diluted)	10.65	21.42	16.58	21.10	17.04	19.62
EPS Growth	-51.01%	29.18%	-21.41%	23.86%	-13.16%	66.12%
Free Cash Flow	-	621	741	775	-608	-290
Free Cash Flow Per Share	-	40.07	47.82	50.01	-39.23	-18.71
Dividend Per Share	4.000	8.000	8.000	7.000	7.000	7.000
Dividend Growth	-50.00%	-	14.29%	-	-	16.67%
Gross Margin	21.18%	21.36%	20.82%	20.16%	21.50%	20.81%
Operating Margin	0.36%	0.82%	1.55%	1.41%	2.79%	1.47%
Profit Margin	1.00%	2.02%	1.54%	1.91%	1.59%	2.04%
Free Cash Flow Margin	-	3.78%	4.46%	4.52%	-3.66%	-1.94%
EBITDA	768	810	889	927	1,051	922
EBITDA Margin	4.63%	4.93%	5.34%	5.41%	6.33%	6.18%
D&A For EBITDA	708	675	631	686	587	702
EBIT	60	135	258	241	464	220
EBIT Margin	0.36%	0.82%	1.55%	1.41%	2.79%	1.47%
Effective Tax Rate	23.61%	11.61%	35.73%	31.20%	15.74%	25.88%

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