The Kosei Securities Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Interest and Dividend Income	92	56	126	68	59	100
Total Interest Expense	44	8	52	14	15	42
Net Interest Income	48	48	74	54	44	58
Brokerage Commission	225	184	204	143	156	227
Trading & Principal Transactions	381	171	1,000	138	144	683
Underwriting & Investment Banking Fee	-	1	-	-	-	-
Other Revenue	157	147	168	87	89	101
Revenue	811	551	1,446	422	433	1,069
Revenue Growth (YoY)	-22.09%	-61.90%	242.65%	-2.54%	-59.49%	70.49%
Salaries & Employee Benefits	399	457	403	370	374	399
Cost of Services Provided	381	397	389	346	314	315
Other Operating Expenses	151	149	161	144	144	150
Total Operating Expenses	990	1,064	1,011	913	901	935
Operating Income	-179	-513	435	-491	-468	134
Other Non-Operating Income (Expenses)	121	51	5	97	259	41
EBT Excluding Unusual Items	-58	-462	440	-394	-209	175
Other Unusual Items	-	-1	1	-	-	20
Pretax Income	-58	-463	444	-394	-209	195
Income Tax Expense	21	3	67	3	3	33
Net Income	-79	-466	377	-397	-212	162
Net Income to Common	-79	-466	377	-397	-212	162
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9	9
Shares Change (YoY)	-0.00%	-	-0.01%	-	-0.03%	0.14%
EPS (Basic)	-8.36	-49.31	39.89	-42.01	-22.43	17.14
EPS (Diluted)	-8.36	-49.31	39.89	-42.01	-22.43	17.14
Free Cash Flow	-	-1,697	770	377	-1,098	557
Free Cash Flow Per Share	-	-179.58	81.48	39.89	-116.18	58.92
Operating Margin	-22.07%	-93.10%	30.08%	-116.35%	-108.08%	12.53%
Profit Margin	-9.74%	-84.57%	26.07%	-94.08%	-48.96%	15.15%
Free Cash Flow Margin	-	-307.99%	53.25%	89.34%	-253.58%	52.11%
Effective Tax Rate	-	-	15.09%	-	-	16.92%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.