Koken Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,857	10,762	10,587	10,604	10,203
Revenue Growth (YoY)	10.17%	1.65%	-0.16%	3.93%	0.50%
Cost of Revenue	6,474	5,840	5,747	5,611	5,556
Gross Profit	5,383	4,922	4,840	4,993	4,647
Selling, General & Admin	4,111	3,159	3,075	3,029	2,902
Research & Development	-	753	757	779	799
Operating Expenses	4,111	3,912	3,832	3,808	3,701
Operating Income	1,272	1,010	1,008	1,185	946
Interest Expense	-59	-47	-45	-42	-41
Interest & Investment Income	8	5	4	3	3
Currency Exchange Gain (Loss)	-2	-1	4	-14	-
Other Non Operating Income (Expenses)	1	35	7	27	14
EBT Excluding Unusual Items	1,220	1,002	978	1,159	922
Gain (Loss) on Sale of Assets	-	-	-	-	-7
Other Unusual Items	-	-	-	-	261
Pretax Income	1,220	1,002	978	1,159	1,176
Income Tax Expense	335	280	277	326	314
Net Income	885	722	701	833	862
Net Income to Common	885	722	701	833	862
Net Income Growth	22.58%	3.00%	-15.85%	-3.36%	2.99%
Shares Outstanding (Basic)	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5
Shares Change (YoY)	-0.42%	0.05%	-0.45%	-0.85%	-
EPS (Basic)	179.77	146.04	141.87	167.83	172.20
EPS (Diluted)	179.77	146.04	141.87	167.83	172.20
EPS Growth	23.09%	2.94%	-15.47%	-2.54%	2.99%
Free Cash Flow	-232	446	887	452	418
Free Cash Flow Per Share	-47.13	90.21	179.51	91.06	83.50
Dividend Per Share	35.000	35.000	35.000	25.000	25.000
Dividend Growth	-	-	40.00%	-	-
Gross Margin	45.40%	45.73%	45.72%	47.09%	45.55%
Operating Margin	10.73%	9.38%	9.52%	11.18%	9.27%
Profit Margin	7.46%	6.71%	6.62%	7.86%	8.45%
Free Cash Flow Margin	-1.96%	4.14%	8.38%	4.26%	4.10%
EBITDA	1,688	1,451	1,498	1,779	1,612
EBITDA Margin	14.24%	13.48%	14.15%	16.78%	15.80%
D&A For EBITDA	416	441	490	594	666
EBIT	1,272	1,010	1,008	1,185	946
EBIT Margin	10.73%	9.38%	9.52%	11.18%	9.27%
Effective Tax Rate	27.46%	27.94%	28.32%	28.13%	26.70%

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