Tsuzuki Denki 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	103,728	98,263	124,856	123,899	119,316
Revenue Growth (YoY)	5.56%	-21.30%	0.77%	3.84%	-0.57%
Cost of Revenue	78,762	75,598	99,548	99,720	96,804
Gross Profit	24,966	22,665	25,308	24,179	22,512
Selling, General & Admin	16,787	15,768	18,456	18,501	17,786
Other Operating Expenses	-	-	-	-	116
Operating Expenses	16,787	16,183	18,868	19,060	18,498
Operating Income	8,179	6,482	6,440	5,119	4,014
Interest Expense	-117	-88	-90	-114	-130
Interest & Investment Income	194	123	101	103	112
Currency Exchange Gain (Loss)	-1	-	27	56	43
Other Non Operating Income (Expenses)	65	78	8	189	187
EBT Excluding Unusual Items	8,320	6,595	6,486	5,353	4,226
Gain (Loss) on Sale of Investments	2,419	213	584	398	211
Gain (Loss) on Sale of Assets	-	-	1,858	-	-
Asset Writedown	-392	-23	-456	-172	-3
Other Unusual Items	-957	62	-57	-1	-5
Pretax Income	9,390	6,847	8,415	5,578	4,429
Income Tax Expense	2,778	1,953	2,768	1,844	1,453
Earnings From Continuing Operations	6,612	4,894	5,647	3,734	2,976
Minority Interest in Earnings	-140	-130	-170	-213	-178
Net Income	6,472	4,764	5,477	3,521	2,798
Net Income to Common	6,472	4,764	5,477	3,521	2,798
Net Income Growth	35.85%	-13.02%	55.55%	25.84%	19.27%
Shares Outstanding (Basic)	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18
Shares Change (YoY)	0.51%	0.67%	0.80%	0.99%	0.88%
EPS (Basic)	355.90	263.31	304.73	197.48	158.47
EPS (Diluted)	355.90	263.31	304.73	197.48	158.47
EPS Growth	35.17%	-13.59%	54.32%	24.61%	18.23%
Free Cash Flow	6,067	3,130	4,530	3,980	4,499
Free Cash Flow Per Share	333.63	173.00	252.04	223.22	254.81
Dividend Per Share	-	99.000	90.000	59.000	48.000
Dividend Growth	-	10.00%	52.54%	22.92%	17.07%
Gross Margin	24.07%	23.07%	20.27%	19.52%	18.87%
Operating Margin	7.89%	6.60%	5.16%	4.13%	3.36%
Profit Margin	6.24%	4.85%	4.39%	2.84%	2.34%
Free Cash Flow Margin	5.85%	3.19%	3.63%	3.21%	3.77%
EBITDA	9,430	7,831	8,061	7,333	6,635
EBITDA Margin	9.09%	7.97%	6.46%	5.92%	5.56%
D&A For EBITDA	1,251	1,349	1,621	2,214	2,621
EBIT	8,179	6,482	6,440	5,119	4,014
EBIT Margin	7.89%	6.60%	5.16%	4.13%	3.36%
Effective Tax Rate	29.59%	28.52%	32.89%	33.06%	32.81%

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