Shofu Inc. (TYO:7979)

Shofu Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	38,906	38,698	35,080	31,678	28,137	24,680
Revenue Growth (YoY)	3.69%	10.31%	10.74%	12.58%	14.01%	-5.47%
Cost of Revenue	15,724	15,706	14,084	12,979	11,970	11,083
Gross Profit	23,182	22,992	20,996	18,699	16,167	13,597
Selling, General & Admin	16,034	15,614	14,359	13,028	11,212	9,733
Research & Development	1,985	1,985	1,927	1,846	1,738	1,563
Operating Expenses	18,019	17,599	16,286	14,874	12,950	11,296
Operating Income	5,163	5,393	4,710	3,825	3,217	2,301
Interest Expense	-16	-17	-22	-18	-12	-14
Interest & Investment Income	269	283	251	198	136	116
Earnings From Equity Investments	-12	-7	-7	9	1	11
Currency Exchange Gain (Loss)	-8	-110	225	178	206	146
Other Non Operating Income (Expenses)	82	-20	-41	46	108	-37
EBT Excluding Unusual Items	5,478	5,522	5,116	4,238	3,656	2,523
Gain (Loss) on Sale of Investments	1,014	681	285	59	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	11
Asset Writedown	-50	-50	-173	-	-47	-63
Other Unusual Items	-	-	52	112	-	-101
Pretax Income	6,442	6,153	5,280	4,409	3,609	2,370
Income Tax Expense	1,879	1,819	1,604	1,250	1,043	672
Earnings From Continuing Operations	4,563	4,334	3,676	3,159	2,566	1,698
Minority Interest in Earnings	-13	-17	-21	-24	-20	-24
Net Income	4,550	4,317	3,655	3,135	2,546	1,674
Net Income to Common	4,550	4,317	3,655	3,135	2,546	1,674
Net Income Growth	2.02%	18.11%	16.59%	23.13%	52.09%	137.78%
Shares Outstanding (Basic)	36	36	35	36	36	35
Shares Outstanding (Diluted)	36	36	36	36	36	35
Shares Change (YoY)	0.08%	0.10%	-0.51%	0.07%	2.26%	9.04%
EPS (Basic)	127.97	121.51	103.07	88.04	71.60	48.15
EPS (Diluted)	127.57	121.09	102.63	87.56	71.17	47.84
EPS Growth	1.92%	17.99%	17.20%	23.04%	48.76%	117.80%
Free Cash Flow	1,682	2,218	1,473	1,625	2,772	1,781
Free Cash Flow Per Share	47.16	62.21	41.35	45.38	77.47	50.90
Dividend Per Share	52.000	49.000	31.000	23.500	18.500	14.500
Dividend Growth	33.33%	58.06%	31.91%	27.03%	27.59%	11.54%
Gross Margin	59.59%	59.41%	59.85%	59.03%	57.46%	55.09%
Operating Margin	13.27%	13.94%	13.43%	12.07%	11.43%	9.32%
Profit Margin	11.70%	11.16%	10.42%	9.90%	9.05%	6.78%
Free Cash Flow Margin	4.32%	5.73%	4.20%	5.13%	9.85%	7.22%
EBITDA	6,308	6,452	5,878	4,796	4,118	3,256
EBITDA Margin	16.21%	16.67%	16.76%	15.14%	14.64%	13.19%
D&A For EBITDA	1,145	1,059	1,168	971	901	955
EBIT	5,163	5,393	4,710	3,825	3,217	2,301
EBIT Margin	13.27%	13.94%	13.43%	12.07%	11.43%	9.32%
Effective Tax Rate	29.17%	29.56%	30.38%	28.35%	28.90%	28.35%

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