Shinsho 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	603,252	617,177	591,431	584,856	494,351	784,160	Upgrade
Revenue Growth (YoY)	-2.50%	4.35%	1.12%	18.31%	-36.96%	-16.23%	Upgrade
Cost of Revenue	564,678	576,778	552,287	546,338	460,817	757,580	Upgrade
Gross Profit	38,574	40,399	39,144	38,518	33,534	26,580	Upgrade
Selling, General & Admin	27,088	27,163	25,765	24,951	23,024	21,714	Upgrade
Operating Expenses	28,575	28,650	24,690	25,060	24,225	22,793	Upgrade
Operating Income	9,999	11,749	14,454	13,458	9,309	3,787	Upgrade
Interest Expense	-1,718	-1,891	-2,082	-1,397	-788	-737	Upgrade
Interest & Investment Income	2,375	1,709	1,543	1,180	854	771	Upgrade
Earnings From Equity Investments	1,778	1,596	123	749	548	345	Upgrade
Currency Exchange Gain (Loss)	-243	-1,763	-915	-747	233	228	Upgrade
Other Non Operating Income (Expenses)	-318	-199	-604	-606	-155	-53	Upgrade
EBT Excluding Unusual Items	11,873	11,201	12,519	12,637	10,001	4,341	Upgrade
Gain (Loss) on Sale of Investments	1,281	1,623	619	478	102	129	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	424	-	-	Upgrade
Asset Writedown	-1,030	-31	294	31	-360	-1,300	Upgrade
Other Unusual Items	-	-	149	1	729	-94	Upgrade
Pretax Income	12,124	12,793	13,581	13,571	10,472	3,076	Upgrade
Income Tax Expense	4,157	4,347	4,487	4,071	2,844	1,466	Upgrade
Earnings From Continuing Operations	7,967	8,446	9,094	9,500	7,628	1,610	Upgrade
Minority Interest in Earnings	101	117	17	-304	-492	588	Upgrade
Net Income	8,068	8,563	9,111	9,196	7,136	2,198	Upgrade
Net Income to Common	8,068	8,563	9,111	9,196	7,136	2,198	Upgrade
Net Income Growth	-19.05%	-6.02%	-0.92%	28.87%	224.66%	34.93%	Upgrade
Shares Outstanding (Basic)	26	26	26	26	27	27	Upgrade
Shares Outstanding (Diluted)	26	26	26	26	27	27	Upgrade
Shares Change (YoY)	0.06%	0.04%	-0.23%	-0.38%	-	-	Upgrade
EPS (Basic)	305.39	324.21	345.11	347.54	268.65	82.75	Upgrade
EPS (Diluted)	305.39	324.21	345.11	347.54	268.65	82.75	Upgrade
EPS Growth	-19.09%	-6.06%	-0.70%	29.36%	224.66%	34.93%	Upgrade
Free Cash Flow	6,779	6,258	8,189	6,556	-10,337	13,345	Upgrade
Free Cash Flow Per Share	256.60	236.94	310.19	247.77	-389.17	502.41	Upgrade
Dividend Per Share	103.000	100.000	105.000	105.000	81.667	16.667	Upgrade
Dividend Growth	-9.12%	-4.76%	-	28.57%	390.00%	-44.44%	Upgrade
Gross Margin	6.39%	6.55%	6.62%	6.59%	6.78%	3.39%	Upgrade
Operating Margin	1.66%	1.90%	2.44%	2.30%	1.88%	0.48%	Upgrade
Profit Margin	1.34%	1.39%	1.54%	1.57%	1.44%	0.28%	Upgrade
Free Cash Flow Margin	1.12%	1.01%	1.39%	1.12%	-2.09%	1.70%	Upgrade
EBITDA	11,625	13,478	15,998	14,978	10,779	5,206	Upgrade
EBITDA Margin	1.93%	2.18%	2.71%	2.56%	2.18%	0.66%	Upgrade
D&A For EBITDA	1,626	1,729	1,544	1,520	1,470	1,419	Upgrade
EBIT	9,999	11,749	14,454	13,458	9,309	3,787	Upgrade
EBIT Margin	1.66%	1.90%	2.44%	2.30%	1.88%	0.48%	Upgrade
Effective Tax Rate	34.29%	33.98%	33.04%	30.00%	27.16%	47.66%	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.