Marubeni Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	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
Operating Revenue	9,242,603	8,265,841	7,790,168	7,250,515	9,190,472	8,497,153
Other Revenue	-	-	-	-	-	11,438
Revenue	9,242,603	8,265,841	7,790,168	7,250,515	9,190,472	8,508,591
Revenue Growth	14.07%	6.11%	7.44%	-21.11%	8.01%	34.37%
Cost of Revenue	7,913,495	7,083,142	6,643,583	6,184,697	8,139,177	7,613,260
Gross Profit	1,329,108	1,182,699	1,146,585	1,116,758	1,094,664	911,001
Selling, General & Admin	978,777	913,596	862,994	781,209	704,500	606,551
Operating Expenses	994,131	926,029	874,275	789,497	710,481	610,841
Operating Income	334,977	256,670	272,310	327,261	384,183	300,160
Interest Expense	-80,641	-79,526	-80,370	-72,552	-56,782	-21,837
Interest & Investment Income	39,249	39,087	36,567	49,762	35,439	35,316
Earnings From Equity Investments	377,353	338,300	292,880	260,458	243,398	220,885
Currency Exchange Gain (Loss)	-	-	-	7,126	22,258	-13,989
Other Non Operating Income (Expenses)	3,930	9,455	88,847	11,824	-18,431	2,018
EBT Excluding Unusual Items	674,868	563,986	610,234	583,879	610,065	522,553
Gain (Loss) on Sale of Investments	49,819	115,753	30,658	3,469	57,475	11,183
Gain (Loss) on Sale of Assets	9,424	10,521	4,916	4,424	3,739	2,574
Asset Writedown	-17,424	-25,803	-16,601	-24,636	-19,534	-7,520
Pretax Income	716,687	664,457	629,207	567,136	651,745	528,790
Income Tax Expense	121,157	105,292	114,203	84,588	98,926	93,840
Earnings From Continuing Operations	595,530	559,165	515,004	482,548	552,819	434,950
Minority Interest in Earnings	-19,148	-15,313	-12,039	-11,136	-9,818	-10,630
Net Income	576,382	543,852	502,965	471,412	543,001	424,320
Preferred Dividends & Other Adjustments	-	-	-	952	2,550	2,971
Net Income to Common	576,382	543,852	502,965	470,460	540,451	421,349
Net Income Growth	1.05%	8.13%	6.91%	-12.95%	28.27%	92.11%
Shares Outstanding (Basic)	1,635	1,646	1,661	1,683	1,710	1,735
Shares Outstanding (Diluted)	1,637	1,648	1,663	1,685	1,713	1,738
Shares Change	-	-0.90%	-1.32%	-1.62%	-1.46%	-0.03%
EPS (Basic)	352.46	330.42	302.78	279.62	316.11	242.89
EPS (Diluted)	352.15	330.09	302.51	279.24	315.58	242.44
EPS Growth	-	9.12%	8.34%	-11.52%	30.17%	92.16%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	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
Free Cash Flow	432,493	381,908	420,391	289,098	502,074	210,114
Free Cash Flow Per Share	264.24	231.80	252.85	171.59	293.18	120.90
Dividend Per Share	120.000	107.500	95.000	85.000	78.000	62.000
Dividend Growth	20.00%	13.16%	11.77%	8.97%	25.81%	87.88%
Gross Margin	14.38%	14.31%	14.72%	15.40%	11.91%	10.71%
Operating Margin	3.62%	3.10%	3.50%	4.51%	4.18%	3.53%
Profit Margin	6.24%	6.58%	6.46%	6.49%	5.88%	4.95%
Free Cash Flow Margin	4.68%	4.62%	5.40%	3.99%	5.46%	2.47%
EBITDA	555,037	465,730	471,631	429,444	478,724	383,677
EBITDA Margin	6.00%	5.63%	6.05%	5.92%	5.21%	4.51%
D&A For EBITDA	220,060	209,060	199,321	102,183	94,541	83,517
EBIT	334,977	256,670	272,310	327,261	384,183	300,160
EBIT Margin	3.62%	3.10%	3.50%	4.51%	4.18%	3.53%
Effective Tax Rate	16.91%	15.85%	18.15%	14.92%	15.18%	17.75%
Revenue as Reported	9,242,603	8,265,841	7,790,168	7,250,515	9,190,472	-