TYO:8117 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	45,438	41,558	39,331	35,878	30,693	27,571
Revenue Growth (YoY)	13.04%	5.66%	9.62%	16.89%	11.32%	6.28%
Cost of Revenue	26,232	23,130	22,327	21,141	18,150	15,899
Gross Profit	19,206	18,428	17,004	14,737	12,543	11,672
Selling, General & Admin	7,134	6,524	6,057	5,565	5,210	4,969
Research & Development	284	284	267	303	319	309
Amortization of Goodwill & Intangibles	453	453	396	381	381	381
Operating Expenses	7,998	7,388	6,837	6,381	6,060	6,263
Operating Income	11,208	11,040	10,167	8,356	6,483	5,409
Interest & Investment Income	293	240	149	197	118	95
Earnings From Equity Investments	1,087	1,084	819	363	315	440
Currency Exchange Gain (Loss)	-5	-5	55	7	18	9
Other Non Operating Income (Expenses)	84	61	68	43	31	50
EBT Excluding Unusual Items	12,667	12,420	11,258	8,966	6,965	6,003
Gain (Loss) on Sale of Investments	-	-	91	70	-	-5
Other Unusual Items	600	-	-	-	-	-116
Pretax Income	13,267	12,420	11,349	9,036	6,965	5,882
Income Tax Expense	3,828	3,739	3,425	2,744	2,275	2,017
Earnings From Continuing Operations	9,439	8,681	7,924	6,292	4,690	3,865
Minority Interest in Earnings	-	-	-	-	-1	-1
Net Income	9,439	8,681	7,924	6,292	4,689	3,864
Net Income to Common	9,439	8,681	7,924	6,292	4,689	3,864
Net Income Growth	12.09%	9.55%	25.94%	34.19%	21.35%	-0.28%
Shares Outstanding (Basic)	55	55	55	55	55	55
Shares Outstanding (Diluted)	55	55	55	55	55	55
Shares Change (YoY)	0.06%	0.07%	0.14%	0.19%	0.11%	1.02%
EPS (Basic)	170.86	157.22	143.61	114.19	85.26	70.33
EPS (Diluted)	170.86	157.22	143.61	114.19	85.26	70.33
EPS Growth	12.02%	9.47%	25.76%	33.93%	21.22%	-1.29%
Free Cash Flow	-	6,423	6,199	2,978	5,238	2,718
Free Cash Flow Per Share	-	116.32	112.35	54.05	95.24	49.47
Dividend Per Share	56.333	53.000	43.333	30.667	23.333	20.000
Dividend Growth	17.36%	22.31%	41.30%	31.43%	16.67%	7.14%
Gross Margin	42.27%	44.34%	43.23%	41.08%	40.87%	42.33%
Operating Margin	24.67%	26.57%	25.85%	23.29%	21.12%	19.62%
Profit Margin	20.77%	20.89%	20.15%	17.54%	15.28%	14.02%
Free Cash Flow Margin	-	15.46%	15.76%	8.30%	17.07%	9.86%
EBITDA	-	11,689	10,748	8,934	7,090	6,460
EBITDA Margin	-	28.13%	27.33%	24.90%	23.10%	23.43%
D&A For EBITDA	700	649	581	578	607	1,051
EBIT	11,208	11,040	10,167	8,356	6,483	5,409
EBIT Margin	24.67%	26.57%	25.85%	23.29%	21.12%	19.62%
Effective Tax Rate	28.85%	30.10%	30.18%	30.37%	32.66%	34.29%

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