Marufuji Sheet Piling 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	40,340	35,585	34,543	35,104	31,876
Revenue Growth (YoY)	13.36%	3.02%	-1.60%	10.13%	-2.50%
Cost of Revenue	32,505	29,124	28,411	29,594	27,141
Gross Profit	7,835	6,461	6,132	5,510	4,735
Selling, General & Admin	5,724	4,869	4,696	4,361	4,175
Research & Development	-	12	25	19	-
Operating Expenses	5,724	4,881	4,721	4,447	4,175
Operating Income	2,111	1,580	1,411	1,063	560
Interest Expense	-6	-4	-8	-15	-23
Interest & Investment Income	87	64	45	41	47
Other Non Operating Income (Expenses)	482	449	477	459	380
EBT Excluding Unusual Items	2,674	2,089	1,925	1,548	964
Gain (Loss) on Sale of Investments	157	89	97	28	163
Gain (Loss) on Sale of Assets	-	1	2	22	37
Other Unusual Items	-	-6	-18	-	-31
Pretax Income	2,831	2,173	2,006	1,598	1,133
Income Tax Expense	866	639	634	560	384
Net Income	1,965	1,534	1,372	1,038	749
Net Income to Common	1,965	1,534	1,372	1,038	749
Net Income Growth	28.10%	11.81%	32.18%	38.59%	7.31%
Shares Outstanding (Basic)	4	18	18	18	18
Shares Outstanding (Diluted)	4	18	18	18	18
Shares Change (YoY)	-80.14%	-	-	-	-
EPS (Basic)	552.91	85.72	76.67	58.01	41.86
EPS (Diluted)	552.91	85.72	76.67	58.01	41.86
EPS Growth	545.01%	11.81%	32.18%	38.59%	7.31%
Free Cash Flow	568	397	2,724	497	1,345
Free Cash Flow Per Share	159.82	22.18	152.22	27.77	75.16
Dividend Per Share	-	26.000	22.000	18.000	16.000
Dividend Growth	-	18.18%	22.22%	12.50%	-
Gross Margin	19.42%	18.16%	17.75%	15.70%	14.85%
Operating Margin	5.23%	4.44%	4.08%	3.03%	1.76%
Profit Margin	4.87%	4.31%	3.97%	2.96%	2.35%
Free Cash Flow Margin	1.41%	1.12%	7.89%	1.42%	4.22%
EBITDA	2,581	1,991	1,761	1,376	979
EBITDA Margin	6.40%	5.59%	5.10%	3.92%	3.07%
D&A For EBITDA	470	411	350	313	419
EBIT	2,111	1,580	1,411	1,063	560
EBIT Margin	5.23%	4.44%	4.08%	3.03%	1.76%
Effective Tax Rate	30.59%	29.41%	31.61%	35.04%	33.89%

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