Goldwin 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	134,944	132,305	126,907	115,052	98,235	90,479
Revenue Growth (YoY)	4.68%	4.25%	10.30%	17.12%	8.57%	-7.58%
Cost of Revenue	63,201	63,379	59,734	55,016	46,491	42,487
Gross Profit	71,743	68,926	67,173	60,036	51,744	47,992
Selling, General & Admin	48,059	47,020	43,326	38,130	35,241	33,152
Operating Expenses	48,059	47,020	43,326	38,130	35,241	33,152
Operating Income	23,684	21,906	23,847	21,906	16,503	14,840
Interest Expense	-65	-38	-36	-42	-83	-129
Interest & Investment Income	164	137	122	96	84	78
Earnings From Equity Investments	6,649	8,446	8,477	5,891	3,669	1,238
Other Non Operating Income (Expenses)	125	354	190	229	111	-44
EBT Excluding Unusual Items	30,557	30,805	32,600	28,080	20,284	15,983
Gain (Loss) on Sale of Investments	-1,306	-1,122	368	4	51	-245
Gain (Loss) on Sale of Assets	1,273	1,118	-38	-95	-6	15
Asset Writedown	-161	-161	-31	-66	-180	-147
Other Unusual Items	-237	-423	-348	-33	-20	-50
Pretax Income	29,960	30,217	32,551	27,890	20,129	15,556
Income Tax Expense	7,958	5,765	8,204	6,861	5,717	4,766
Earnings From Continuing Operations	22,002	24,452	24,347	21,029	14,412	10,790
Minority Interest in Earnings	-2	-8	-66	-52	-62	-56
Net Income	22,000	24,444	24,281	20,977	14,350	10,734
Net Income to Common	22,000	24,444	24,281	20,977	14,350	10,734
Net Income Growth	-9.84%	0.67%	15.75%	46.18%	33.69%	-0.33%
Shares Outstanding (Basic)	136	134	135	135	136	136
Shares Outstanding (Diluted)	136	134	135	135	136	136
Shares Change (YoY)	1.13%	-0.60%	-0.01%	-0.71%	0.02%	0.19%
EPS (Basic)	161.51	181.99	179.70	155.23	105.43	78.88
EPS (Diluted)	161.51	181.99	179.70	155.23	105.43	78.88
EPS Growth	-10.85%	1.28%	15.76%	47.23%	33.66%	-0.53%
Free Cash Flow	-	22,430	16,557	18,452	16,327	4,206
Free Cash Flow Per Share	-	166.99	122.53	136.54	119.95	30.91
Dividend Per Share	66.667	54.333	50.667	36.667	28.333	20.000
Dividend Growth	23.46%	7.24%	38.18%	29.41%	41.67%	-
Gross Margin	53.16%	52.10%	52.93%	52.18%	52.67%	53.04%
Operating Margin	17.55%	16.56%	18.79%	19.04%	16.80%	16.40%
Profit Margin	16.30%	18.48%	19.13%	18.23%	14.61%	11.86%
Free Cash Flow Margin	-	16.95%	13.05%	16.04%	16.62%	4.65%
EBITDA	26,173	24,205	25,893	23,668	18,149	16,509
EBITDA Margin	19.39%	18.30%	20.40%	20.57%	18.48%	18.25%
D&A For EBITDA	2,489	2,299	2,046	1,762	1,646	1,669
EBIT	23,684	21,906	23,847	21,906	16,503	14,840
EBIT Margin	17.55%	16.56%	18.79%	19.04%	16.80%	16.40%
Effective Tax Rate	26.56%	19.08%	25.20%	24.60%	28.40%	30.64%
Advertising Expenses	-	6,287	6,123	5,650	4,836	4,743

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