BIPROGY 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	2016 - 2020
Period Ending	Sep '25 Sep 30, 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	2016 - 2020
Revenue	423,110	404,010	370,142	339,898	317,600	309,685	Upgrade
Revenue Growth (YoY)	10.42%	9.15%	8.90%	7.02%	2.56%	-0.60%	Upgrade
Cost of Revenue	312,242	298,179	272,968	250,547	234,462	228,605	Upgrade
Gross Profit	110,868	105,831	97,174	89,351	83,138	81,080	Upgrade
Selling, General & Admin	69,100	62,184	58,826	56,002	52,345	49,402	Upgrade
Research & Development	-	5,226	4,534	3,953	4,121	4,952	Upgrade
Other Operating Expenses	652	-111	-114	-45	-172	-	Upgrade
Operating Expenses	69,752	67,299	63,246	59,910	56,294	54,354	Upgrade
Operating Income	41,116	38,532	33,928	29,441	26,844	26,726	Upgrade
Interest Expense	-21	-307	-148	-146	-159	-100	Upgrade
Interest & Investment Income	737	486	395	410	347	425	Upgrade
Earnings From Equity Investments	1,355	831	156	666	915	-396	Upgrade
Currency Exchange Gain (Loss)	-	188	-17	-163	-6	-	Upgrade
Other Non Operating Income (Expenses)	-1	-26	9	-1	-2	-112	Upgrade
EBT Excluding Unusual Items	43,186	39,704	34,323	30,207	27,939	26,543	Upgrade
Gain (Loss) on Sale of Investments	-	-248	384	104	1,327	-430	Upgrade
Gain (Loss) on Sale of Assets	-	-1	-15	-5	632	-18	Upgrade
Asset Writedown	-	-667	-529	-305	-324	-465	Upgrade
Other Unusual Items	-	-	-	-	-	9	Upgrade
Pretax Income	43,186	38,788	34,163	30,001	29,574	25,639	Upgrade
Income Tax Expense	12,306	11,526	8,662	9,661	8,915	8,486	Upgrade
Earnings From Continuing Operations	30,880	27,262	25,501	20,340	20,659	17,153	Upgrade
Minority Interest in Earnings	-361	-297	-255	-137	-169	-77	Upgrade
Net Income	30,519	26,965	25,246	20,203	20,490	17,076	Upgrade
Net Income to Common	30,519	26,965	25,246	20,203	20,490	17,076	Upgrade
Net Income Growth	26.17%	6.81%	24.96%	-1.40%	19.99%	-6.08%	Upgrade
Shares Outstanding (Basic)	98	99	101	100	100	100	Upgrade
Shares Outstanding (Diluted)	98	99	101	101	101	101	Upgrade
Shares Change (YoY)	-2.01%	-1.66%	0.03%	0.02%	0.01%	0.02%	Upgrade
EPS (Basic)	311.22	272.64	251.14	201.06	204.04	170.12	Upgrade
EPS (Diluted)	310.58	272.03	250.47	200.48	203.38	169.52	Upgrade
EPS Growth	28.76%	8.61%	24.93%	-1.43%	19.97%	-6.10%	Upgrade
Free Cash Flow	49,800	41,830	39,517	25,686	27,811	29,334	Upgrade
Free Cash Flow Per Share	506.78	421.98	392.04	254.89	276.05	291.19	Upgrade
Dividend Per Share	120.000	110.000	100.000	80.000	75.000	70.000	Upgrade
Dividend Growth	14.29%	10.00%	25.00%	6.67%	7.14%	-	Upgrade
Gross Margin	26.20%	26.20%	26.25%	26.29%	26.18%	26.18%	Upgrade
Operating Margin	9.72%	9.54%	9.17%	8.66%	8.45%	8.63%	Upgrade
Profit Margin	7.21%	6.67%	6.82%	5.94%	6.45%	5.51%	Upgrade
Free Cash Flow Margin	11.77%	10.35%	10.68%	7.56%	8.76%	9.47%	Upgrade
EBITDA	59,042	56,473	51,788	45,668	43,536	37,724	Upgrade
EBITDA Margin	13.95%	13.98%	13.99%	13.44%	13.71%	12.18%	Upgrade
D&A For EBITDA	17,926	17,941	17,860	16,227	16,692	10,998	Upgrade
EBIT	41,116	38,532	33,928	29,441	26,844	26,726	Upgrade
EBIT Margin	9.72%	9.54%	9.17%	8.66%	8.45%	8.63%	Upgrade
Effective Tax Rate	28.49%	29.72%	25.36%	32.20%	30.14%	33.10%	Upgrade
Advertising Expenses	-	4,442	3,800	4,585	4,588	4,140	Upgrade

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