Nichiha 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	143,740	148,478	142,790	138,063	128,599
Revenue Growth (YoY)	-3.19%	3.98%	3.42%	7.36%	7.22%
Cost of Revenue	92,110	97,626	92,050	85,753	77,111
Gross Profit	51,630	50,852	50,740	52,310	51,488
Selling, General & Admin	40,808	42,353	38,982	38,957	36,653
Research & Development	1,075	1,075	1,153	1,234	1,320
Other Operating Expenses	53	23	-62	-121	71
Operating Expenses	42,335	43,900	40,534	40,606	38,911
Operating Income	9,295	6,952	10,206	11,704	12,577
Interest Expense	-341	-326	-121	-116	-115
Interest & Investment Income	512	473	434	340	240
Currency Exchange Gain (Loss)	375	-68	1,133	547	641
Other Non Operating Income (Expenses)	406	223	202	330	255
EBT Excluding Unusual Items	10,247	7,254	11,854	12,805	13,598
Gain (Loss) on Sale of Investments	-	432	46	-1	-
Gain (Loss) on Sale of Assets	-1,167	144	3	7	4
Asset Writedown	-4,503	-329	-416	-133	-53
Other Unusual Items	-380	-668	-1	-1	477
Pretax Income	4,197	6,833	11,486	12,677	14,026
Income Tax Expense	1,717	4,272	3,378	3,627	3,827
Earnings From Continuing Operations	2,480	2,561	8,108	9,050	10,199
Minority Interest in Earnings	6	145	-42	-13	-53
Net Income	2,486	2,706	8,066	9,037	10,146
Net Income to Common	2,486	2,706	8,066	9,037	10,146
Net Income Growth	-8.13%	-66.45%	-10.75%	-10.93%	13.97%
Shares Outstanding (Basic)	33	34	36	37	37
Shares Outstanding (Diluted)	34	35	36	37	37
Shares Change (YoY)	-2.98%	-4.41%	-1.32%	-0.23%	0.04%
EPS (Basic)	74.29	78.47	223.55	247.20	277.12
EPS (Diluted)	74.15	78.32	223.13	246.67	276.30
EPS Growth	-5.32%	-64.90%	-9.54%	-10.72%	13.92%
Free Cash Flow	4,262	6,061	1,026	-4,545	7,527
Free Cash Flow Per Share	127.12	175.39	28.38	-124.06	204.98
Dividend Per Share	-	114.000	114.000	97.000	97.000
Dividend Growth	-	-	17.53%	-	32.88%
Gross Margin	35.92%	34.25%	35.53%	37.89%	40.04%
Operating Margin	6.47%	4.68%	7.15%	8.48%	9.78%
Profit Margin	1.73%	1.82%	5.65%	6.55%	7.89%
Free Cash Flow Margin	2.96%	4.08%	0.72%	-3.29%	5.85%
EBITDA	14,652	12,398	15,553	15,104	17,413
EBITDA Margin	10.19%	8.35%	10.89%	10.94%	13.54%
D&A For EBITDA	5,357	5,446	5,347	3,400	4,836
EBIT	9,295	6,952	10,206	11,704	12,577
EBIT Margin	6.47%	4.68%	7.15%	8.48%	9.78%
Effective Tax Rate	40.91%	62.52%	29.41%	28.61%	27.28%
Advertising Expenses	3,467	3,459	3,487	3,243	3,103

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