Daiwa 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
Revenue	15,983	16,434	16,537	15,852	37,698
Revenue Growth (YoY)	-2.74%	-0.62%	4.32%	-57.95%	11.11%
Cost of Revenue	7,508	7,802	8,063	7,713	29,696
Gross Profit	8,475	8,632	8,474	8,139	8,002
Selling, General & Admin	8,284	7,758	7,563	7,376	7,301
Other Operating Expenses	-	-	-	-	318
Operating Expenses	8,350	8,502	8,327	8,112	8,485
Operating Income	125	130	147	27	-483
Interest Expense	-142	-130	-121	-117	-118
Interest & Investment Income	119	74	64	65	57
Earnings From Equity Investments	4	4	1	-	-3
Other Non Operating Income (Expenses)	116	103	222	191	293
EBT Excluding Unusual Items	222	181	313	166	-254
Gain (Loss) on Sale of Investments	2	70	222	46	-77
Gain (Loss) on Sale of Assets	-	5	10	-	-
Asset Writedown	-1,967	-47	-31	-34	-3
Other Unusual Items	-	20	-10	-1	65
Pretax Income	-1,743	229	504	177	-269
Income Tax Expense	-611	37	-148	107	34
Earnings From Continuing Operations	-1,132	192	652	70	-303
Net Income	-1,132	192	652	70	-303
Net Income to Common	-1,132	192	652	70	-303
Net Income Growth	-	-70.55%	831.43%	-	-
Shares Outstanding (Basic)	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6
Shares Change (YoY)	-0.01%	-0.01%	-0.01%	-0.01%	-0.01%
EPS (Basic)	-201.82	34.23	116.23	12.48	-54.00
EPS (Diluted)	-201.82	34.23	116.23	12.48	-54.00
EPS Growth	-	-70.55%	831.50%	-	-
Free Cash Flow	876	456	87	421	-921
Free Cash Flow Per Share	156.18	81.29	15.51	75.04	-164.15
Gross Margin	53.02%	52.52%	51.24%	51.34%	21.23%
Operating Margin	0.78%	0.79%	0.89%	0.17%	-1.28%
Profit Margin	-7.08%	1.17%	3.94%	0.44%	-0.80%
Free Cash Flow Margin	5.48%	2.77%	0.53%	2.66%	-2.44%
EBITDA	849	915	845	794	416
EBITDA Margin	5.31%	5.57%	5.11%	5.01%	1.10%
D&A For EBITDA	724	785	698	767	899
EBIT	125	130	147	27	-483
EBIT Margin	0.78%	0.79%	0.89%	0.17%	-1.28%
Effective Tax Rate	-	16.16%	-	60.45%	-

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