Tsutsumi Jewelry 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	31,845	24,835	19,907	18,119	16,477	18,323
Revenue Growth (YoY)	35.11%	24.75%	9.87%	9.96%	-10.08%	-2.03%
Cost of Revenue	18,233	13,451	9,933	8,565	7,464	9,988
Gross Profit	13,612	11,384	9,974	9,554	9,013	8,335
Selling, General & Admin	9,496	8,727	8,140	7,920	7,733	7,451
Operating Expenses	9,742	8,973	8,302	8,088	7,941	7,676
Operating Income	3,870	2,411	1,672	1,466	1,072	659
Interest & Investment Income	82	34	18	19	23	2
Currency Exchange Gain (Loss)	-	-	-	7	2	-
Other Non Operating Income (Expenses)	59	63	48	14	93	35
EBT Excluding Unusual Items	4,011	2,508	1,738	1,506	1,190	696
Gain (Loss) on Sale of Investments	-	10	-	-	-	7
Gain (Loss) on Sale of Assets	-	18	23	-	-	43
Asset Writedown	-57	-68	-46	-62	-47	-76
Other Unusual Items	-	-	-	-1	-23	63
Pretax Income	3,954	2,468	1,715	1,443	1,120	733
Income Tax Expense	1,325	482	560	534	436	310
Net Income	2,629	1,986	1,155	909	684	423
Net Income to Common	2,629	1,986	1,155	909	684	423
Net Income Growth	39.32%	71.95%	27.06%	32.90%	61.70%	-37.89%
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16	16
Shares Change (YoY)	-0.00%	-0.00%	-0.00%	-0.98%	-2.95%	-3.26%
EPS (Basic)	168.24	127.09	73.91	58.17	43.34	26.01
EPS (Diluted)	168.24	127.09	73.91	58.17	43.34	26.01
EPS Growth	39.32%	71.95%	27.06%	34.22%	66.62%	-35.80%
Free Cash Flow	-	-1,856	-1,157	106	936	144
Free Cash Flow Per Share	-	-118.77	-74.04	6.78	59.31	8.86
Gross Margin	42.74%	45.84%	50.10%	52.73%	54.70%	45.49%
Operating Margin	12.15%	9.71%	8.40%	8.09%	6.51%	3.60%
Profit Margin	8.26%	8.00%	5.80%	5.02%	4.15%	2.31%
Free Cash Flow Margin	-	-7.47%	-5.81%	0.58%	5.68%	0.79%
EBITDA	4,220	2,696	1,871	1,661	1,292	902
EBITDA Margin	13.25%	10.86%	9.40%	9.17%	7.84%	4.92%
D&A For EBITDA	349.5	285	199	195	220	243
EBIT	3,870	2,411	1,672	1,466	1,072	659
EBIT Margin	12.15%	9.71%	8.40%	8.09%	6.51%	3.60%
Effective Tax Rate	33.51%	19.53%	32.65%	37.01%	38.93%	42.29%

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