Taiheiyo Kouhatsu 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
Revenue	43,403	42,076	41,104	51,016	32,855	27,825
Revenue Growth (YoY)	7.38%	2.37%	-19.43%	55.28%	18.08%	-14.32%
Cost of Revenue	38,947	37,705	36,316	46,159	28,890	23,978
Gross Profit	4,456	4,371	4,788	4,857	3,965	3,847
Selling, General & Admin	3,535	3,513	3,570	3,451	3,333	3,095
Operating Expenses	3,535	3,513	3,570	3,451	3,333	3,095
Operating Income	921	858	1,218	1,406	632	752
Interest Expense	-412	-356	-315	-309	-309	-271
Interest & Investment Income	64	75	110	132	32	31
Other Non Operating Income (Expenses)	5	-12	9	95	36	21
EBT Excluding Unusual Items	578	565	1,022	1,324	391	533
Gain (Loss) on Sale of Investments	47	28	-9	-	80	227
Gain (Loss) on Sale of Assets	6	7	2	-9	102	14
Asset Writedown	-9	-23	-29	-214	-4	-9
Other Unusual Items	-	-	-12	-11	-2	-16
Pretax Income	622	577	974	1,090	567	749
Income Tax Expense	218	189	340	375	180	292
Earnings From Continuing Operations	404	388	634	715	387	457
Minority Interest in Earnings	10	-6	-8	-21	-20	-11
Net Income	414	382	626	694	367	446
Net Income to Common	414	382	626	694	367	446
Net Income Growth	-0.96%	-38.98%	-9.80%	89.10%	-17.71%	-3.88%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	-0.00%	-	-	-	-	-
EPS (Basic)	53.22	49.10	80.47	89.21	47.18	57.33
EPS (Diluted)	53.22	49.10	80.47	89.21	47.18	57.33
EPS Growth	-0.95%	-38.98%	-9.80%	89.10%	-17.71%	-3.88%
Free Cash Flow	-	-97	-185	1,684	-1,873	-1,199
Free Cash Flow Per Share	-	-12.47	-23.78	216.47	-240.77	-154.13
Dividend Per Share	39.000	39.000	39.000	43.000	33.000	-
Dividend Growth	-	-	-9.30%	30.30%	-	-
Gross Margin	10.27%	10.39%	11.65%	9.52%	12.07%	13.83%
Operating Margin	2.12%	2.04%	2.96%	2.76%	1.92%	2.70%
Profit Margin	0.95%	0.91%	1.52%	1.36%	1.12%	1.60%
Free Cash Flow Margin	-	-0.23%	-0.45%	3.30%	-5.70%	-4.31%
EBITDA	1,828	1,713	2,004	2,221	1,380	1,520
EBITDA Margin	4.21%	4.07%	4.88%	4.35%	4.20%	5.46%
D&A For EBITDA	906.75	855	786	815	748	768
EBIT	921	858	1,218	1,406	632	752
EBIT Margin	2.12%	2.04%	2.96%	2.76%	1.92%	2.70%
Effective Tax Rate	35.05%	32.76%	34.91%	34.40%	31.75%	38.98%

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