Retail Partners Income Statement

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Operating Revenue	269,831	258,606	244,913	228,199	238,280
Other Revenue	-	8,135	7,248	6,594	1,239
Revenue	269,831	266,741	252,161	234,793	239,519
Revenue Growth (YoY)	1.16%	5.78%	7.40%	-1.97%	-0.96%
Cost of Revenue	204,085	195,778	184,214	172,060	179,694
Gross Profit	65,746	70,963	67,947	62,733	59,825
Selling, General & Admin	63,315	59,964	57,110	53,490	50,466
Amortization of Goodwill & Intangibles	120	120	111	82	67
Other Operating Expenses	-8,365	-	-	-	-
Operating Expenses	59,277	64,145	61,213	57,455	54,528
Operating Income	6,469	6,818	6,734	5,278	5,297
Interest Expense	-108	-65	-65	-55	-56
Interest & Investment Income	385	336	251	223	239
Other Non Operating Income (Expenses)	810	908	804	734	734
EBT Excluding Unusual Items	7,556	7,997	7,724	6,180	6,214
Gain (Loss) on Sale of Investments	346	15	12	-20	-37
Gain (Loss) on Sale of Assets	33	1	2	-10	194
Asset Writedown	-735	-372	-879	-1,538	-1,374
Other Unusual Items	-22	-19	57	10	77
Pretax Income	7,230	7,622	6,916	4,622	5,074
Income Tax Expense	2,092	2,397	2,199	1,705	1,703
Earnings From Continuing Operations	5,138	5,225	4,717	2,917	3,371
Net Income	5,138	5,225	4,717	2,917	3,371
Net Income to Common	5,138	5,225	4,717	2,917	3,371
Net Income Growth	-1.67%	10.77%	61.71%	-13.47%	-31.65%
Shares Outstanding (Basic)	43	43	43	44	44
Shares Outstanding (Diluted)	43	43	43	44	44
Shares Change (YoY)	0.02%	-0.03%	-1.73%	-0.34%	0.01%
EPS (Basic)	119.68	121.73	109.85	66.76	76.89
EPS (Diluted)	119.68	121.73	109.85	66.76	76.89
EPS Growth	-1.68%	10.81%	64.55%	-13.18%	-31.66%
Free Cash Flow	3,806	4,396	7,286	1,285	-815
Free Cash Flow Per Share	88.66	102.42	169.68	29.41	-18.59
Dividend Per Share	40.000	28.000	24.000	22.000	22.000
Dividend Growth	42.86%	16.67%	9.09%	-	10.00%
Gross Margin	24.37%	26.60%	26.95%	26.72%	24.98%
Operating Margin	2.40%	2.56%	2.67%	2.25%	2.21%
Profit Margin	1.90%	1.96%	1.87%	1.24%	1.41%
Free Cash Flow Margin	1.41%	1.65%	2.89%	0.55%	-0.34%
EBITDA	10,851	11,034	10,868	9,260	9,300
EBITDA Margin	4.02%	4.14%	4.31%	3.94%	3.88%
D&A For EBITDA	4,382	4,216	4,134	3,982	4,003
EBIT	6,469	6,818	6,734	5,278	5,297
EBIT Margin	2.40%	2.56%	2.67%	2.25%	2.21%
Effective Tax Rate	28.93%	31.45%	31.80%	36.89%	33.56%
Advertising Expenses	1,446	1,466	1,516	1,429	2,252

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.