Koyosha 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	4,830	4,726	4,494	4,301	4,058
Revenue Growth (YoY)	2.20%	5.16%	4.49%	5.99%	5.95%
Cost of Revenue	3,761	3,713	3,512	3,426	3,262
Gross Profit	1,069	1,013	982	875	796
Selling, General & Admin	967	953	910	847	854
Operating Expenses	967	953	910	847	854
Operating Income	102	60	72	28	-58
Interest Expense	-2	-1	-2	-2	-3
Interest & Investment Income	2	1	-	-	-
Other Non Operating Income (Expenses)	1	14	12	34	53
EBT Excluding Unusual Items	103	74	82	60	-8
Gain (Loss) on Sale of Investments	-6	-	-	-	-
Gain (Loss) on Sale of Assets	43	29	94	29	25
Asset Writedown	-	-	-100	-5	-
Other Unusual Items	-	-	108	-	-
Pretax Income	140	103	184	84	17
Income Tax Expense	56	43	38	26	-16
Net Income	84	60	146	58	33
Net Income to Common	84	60	146	58	33
Net Income Growth	40.00%	-58.90%	151.72%	75.76%	-
Shares Outstanding (Basic)	3	3	3	3	6
Shares Outstanding (Diluted)	3	3	3	3	6
Shares Change (YoY)	-22.04%	-0.88%	-0.29%	-37.93%	-1.17%
EPS (Basic)	31.88	17.75	42.82	16.96	5.99
EPS (Diluted)	31.88	17.75	42.82	16.96	5.99
EPS Growth	79.57%	-58.54%	152.46%	183.16%	-
Free Cash Flow	94	-79	-1	33	166
Free Cash Flow Per Share	35.67	-23.37	-0.29	9.65	30.13
Dividend Per Share	-	6.800	10.000	-	-
Dividend Growth	-	-32.00%	-	-	-
Gross Margin	22.13%	21.44%	21.85%	20.34%	19.62%
Operating Margin	2.11%	1.27%	1.60%	0.65%	-1.43%
Profit Margin	1.74%	1.27%	3.25%	1.35%	0.81%
Free Cash Flow Margin	1.95%	-1.67%	-0.02%	0.77%	4.09%
EBITDA	233	219	207	162	107
EBITDA Margin	4.82%	4.63%	4.61%	3.77%	2.64%
D&A For EBITDA	131	159	135	134	165
EBIT	102	60	72	28	-58
EBIT Margin	2.11%	1.27%	1.60%	0.65%	-1.43%
Effective Tax Rate	40.00%	41.75%	20.65%	30.95%	-

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