Izumi 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	510,942	467,345	415,633	406,857	643,280
Other Revenue	58,370	56,797	55,533	53,283	33,519
Revenue	569,312	524,142	471,166	460,140	676,799
Revenue Growth (YoY)	8.62%	11.24%	2.40%	-32.01%	-0.44%
Cost of Revenue	346,902	316,540	275,802	270,611	497,337
Gross Profit	222,410	207,602	195,364	189,529	179,462
Selling, General & Admin	176,590	164,603	147,897	140,528	129,319
Operating Expenses	195,172	182,177	163,938	155,883	144,745
Operating Income	27,238	25,425	31,426	33,646	34,717
Interest Expense	-1,197	-617	-310	-429	-555
Interest & Investment Income	179	174	214	226	224
Earnings From Equity Investments	6	-20	52	5	-290
Other Non Operating Income (Expenses)	1,134	746	938	946	600
EBT Excluding Unusual Items	27,360	25,708	32,320	34,394	34,696
Gain (Loss) on Sale of Investments	-279	2,343	15	90	568
Gain (Loss) on Sale of Assets	64	2	275	328	191
Asset Writedown	-2,020	-7,932	-1,636	-525	-748
Other Unusual Items	1,403	377	-1,488	-24	-428
Pretax Income	26,528	20,498	29,486	34,263	34,279
Income Tax Expense	9,428	7,745	8,857	10,843	10,758
Earnings From Continuing Operations	17,100	12,753	20,629	23,420	23,521
Minority Interest in Earnings	-266	-834	-144	-232	-317
Net Income	16,834	11,919	20,485	23,188	23,204
Net Income to Common	16,834	11,919	20,485	23,188	23,204
Net Income Growth	41.24%	-41.82%	-11.66%	-0.07%	0.66%
Shares Outstanding (Basic)	71	215	215	214	215
Shares Outstanding (Diluted)	71	215	215	214	215
Shares Change (YoY)	-67.07%	0.04%	0.03%	-0.04%	-0.19%
EPS (Basic)	238.18	55.53	95.49	108.12	108.15
EPS (Diluted)	238.18	55.53	95.49	108.12	108.15
EPS Growth	328.91%	-41.84%	-11.68%	-0.03%	0.85%
Free Cash Flow	44,997	22,537	4,553	28,468	4,579
Free Cash Flow Per Share	636.66	105.00	21.22	132.74	21.34
Dividend Per Share	-	30.000	29.667	29.000	28.667
Dividend Growth	-	1.12%	2.30%	1.16%	3.61%
Gross Margin	39.07%	39.61%	41.46%	41.19%	26.52%
Operating Margin	4.78%	4.85%	6.67%	7.31%	5.13%
Profit Margin	2.96%	2.27%	4.35%	5.04%	3.43%
Free Cash Flow Margin	7.90%	4.30%	0.97%	6.19%	0.68%
EBITDA	48,617	45,768	48,599	50,175	51,387
EBITDA Margin	8.54%	8.73%	10.32%	10.90%	7.59%
D&A For EBITDA	21,379	20,343	17,173	16,529	16,670
EBIT	27,238	25,425	31,426	33,646	34,717
EBIT Margin	4.78%	4.85%	6.67%	7.31%	5.13%
Effective Tax Rate	35.54%	37.78%	30.04%	31.65%	31.38%
Advertising Expenses	10,969	9,924	9,479	8,814	9,647