TYO:8032 Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	591,917	554,524	534,230	545,279	444,757	462,922
Revenue Growth (YoY)	12.06%	3.80%	-2.03%	22.60%	-3.92%	-13.44%
Cost of Revenue	491,098	463,058	446,824	458,955	372,303	399,442
Gross Profit	100,819	91,466	87,406	86,324	72,454	63,480
Selling, General & Admin	89,610	76,640	69,292	65,724	58,225	54,155
Operating Expenses	89,610	76,394	70,003	66,060	58,390	54,584
Operating Income	11,209	15,072	17,403	20,264	14,064	8,896
Interest Expense	-3,052	-2,810	-3,120	-2,028	-1,405	-1,833
Interest & Investment Income	2,191	2,074	1,869	1,446	1,041	933
Earnings From Equity Investments	-76	346	329	407	548	296
Other Non Operating Income (Expenses)	1,151	1,141	272	1,144	803	656
EBT Excluding Unusual Items	11,423	15,823	16,753	21,233	15,051	8,948
Gain (Loss) on Sale of Investments	3,098	462	456	180	-394	-61
Gain (Loss) on Sale of Assets	-356	395	493	16,675	345	249
Asset Writedown	-2,053	-2,053	-190	-8	-1,779	-
Other Unusual Items	-109	-402	202	1,484	5,861	-921
Pretax Income	11,671	14,225	17,714	39,564	19,084	8,215
Income Tax Expense	4,983	5,514	5,968	12,740	6,389	3,321
Earnings From Continuing Operations	6,688	8,711	11,746	26,824	12,695	4,894
Minority Interest in Earnings	-1,014	-1,142	-1,389	-1,432	-1,196	-1,245
Net Income	5,674	7,569	10,357	25,392	11,499	3,649
Net Income to Common	5,674	7,569	10,357	25,392	11,499	3,649
Net Income Growth	-37.39%	-26.92%	-59.21%	120.82%	215.13%	-27.79%
Shares Outstanding (Basic)	122	123	131	137	137	137
Shares Outstanding (Diluted)	122	123	132	137	137	137
Shares Change (YoY)	-1.08%	-6.18%	-4.25%	0.11%	0.10%	-1.34%
EPS (Basic)	46.57	61.44	78.86	185.11	83.95	26.69
EPS (Diluted)	46.46	61.30	78.69	184.73	83.76	26.61
EPS Growth	-36.70%	-22.10%	-57.40%	120.55%	214.78%	-26.79%
Free Cash Flow	-	17,280	17,218	-7,768	9,751	23,290
Free Cash Flow Per Share	-	139.96	130.84	-56.52	71.03	169.81
Dividend Per Share	26.500	25.000	13.000	12.000	11.500	11.000
Dividend Growth	39.47%	92.31%	8.33%	4.35%	4.54%	-
Gross Margin	17.03%	16.49%	16.36%	15.83%	16.29%	13.71%
Operating Margin	1.89%	2.72%	3.26%	3.72%	3.16%	1.92%
Profit Margin	0.96%	1.36%	1.94%	4.66%	2.58%	0.79%
Free Cash Flow Margin	-	3.12%	3.22%	-1.43%	2.19%	5.03%
EBITDA	-	24,755	27,439	29,542	24,050	18,610
EBITDA Margin	-	4.46%	5.14%	5.42%	5.41%	4.02%
D&A For EBITDA	9,418	9,683	10,036	9,278	9,986	9,714
EBIT	11,209	15,072	17,403	20,264	14,064	8,896
EBIT Margin	1.89%	2.72%	3.26%	3.72%	3.16%	1.92%
Effective Tax Rate	42.70%	38.76%	33.69%	32.20%	33.48%	40.43%

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