T.Kawabe & 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	13,036	12,769	13,068	12,551	10,786
Revenue Growth (YoY)	2.09%	-2.29%	4.12%	16.36%	-4.49%
Cost of Revenue	7,397	7,510	7,984	8,030	6,881
Gross Profit	5,639	5,259	5,084	4,521	3,905
Selling, General & Admin	5,259	4,812	4,660	4,214	3,936
Other Operating Expenses	71	27	70	68	64
Operating Expenses	5,446	4,951	4,832	4,397	4,120
Operating Income	193	308	252	124	-215
Interest Expense	-32	-27	-22	-26	-28
Interest & Investment Income	28	17	10	8	7
Earnings From Equity Investments	-8	-18	-7	-17	-
Currency Exchange Gain (Loss)	1	5	36	-	-
Other Non Operating Income (Expenses)	139	131	85	116	114
EBT Excluding Unusual Items	321	416	354	205	-122
Gain (Loss) on Sale of Investments	-	-	-	39	-
Gain (Loss) on Sale of Assets	-4	-3	-1	-	-1
Asset Writedown	-4	-1	-	-	-20
Other Unusual Items	-8	-1	-3	-6	-9
Pretax Income	305	411	350	238	-152
Income Tax Expense	119	-	84	114	213
Net Income	186	411	266	124	-365
Net Income to Common	186	411	266	124	-365
Net Income Growth	-54.74%	54.51%	114.52%	-	-
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	-0.01%	-0.02%	-0.01%	-0.00%	-0.01%
EPS (Basic)	101.93	225.20	145.72	67.92	-199.93
EPS (Diluted)	101.93	225.20	145.72	67.92	-199.93
EPS Growth	-54.74%	54.55%	114.53%	-	-
Free Cash Flow	556	168	175	800	-300
Free Cash Flow Per Share	304.69	92.05	95.87	438.22	-164.32
Dividend Per Share	-	50.000	50.000	15.000	-
Dividend Growth	-	-	233.33%	-	-
Gross Margin	43.26%	41.19%	38.90%	36.02%	36.20%
Operating Margin	1.48%	2.41%	1.93%	0.99%	-1.99%
Profit Margin	1.43%	3.22%	2.04%	0.99%	-3.38%
Free Cash Flow Margin	4.26%	1.32%	1.34%	6.37%	-2.78%
EBITDA	378	484	426	310	-26
EBITDA Margin	2.90%	3.79%	3.26%	2.47%	-0.24%
D&A For EBITDA	185	176	174	186	189
EBIT	193	308	252	124	-215
EBIT Margin	1.48%	2.41%	1.93%	0.99%	-1.99%
Effective Tax Rate	39.02%	-	24.00%	47.90%	-
Advertising Expenses	522	538	498	434	378

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