Meiwa Estate Company Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	90,108	79,902	71,250	62,319	57,209
Revenue Growth (YoY)	12.77%	12.14%	14.33%	8.93%	14.17%
Cost of Revenue	70,929	63,333	55,717	46,663	44,276
Gross Profit	19,179	16,569	15,533	15,656	12,933
Selling, General & Admin	11,427	11,243	10,473	9,645	8,760
Other Operating Expenses	-	85	86	69	-
Operating Expenses	11,426	11,328	10,559	9,714	8,762
Operating Income	7,753	5,241	4,974	5,942	4,171
Interest Expense	-1,685	-1,170	-1,003	-883	-607
Interest & Investment Income	34	7	-	-	-
Other Non Operating Income (Expenses)	-211	-310	19	-71	-405
EBT Excluding Unusual Items	5,891	3,768	3,990	4,988	3,159
Gain (Loss) on Sale of Investments	-	128	-5	-22	-
Gain (Loss) on Sale of Assets	-5	100	78	6	6
Asset Writedown	-1	-7	-177	-122	-24
Other Unusual Items	-1	1	-1	-1	-
Pretax Income	5,884	3,990	3,885	4,849	3,141
Income Tax Expense	2,058	1,093	1,104	434	544
Net Income	3,826	2,897	2,781	4,415	2,597
Net Income to Common	3,826	2,897	2,781	4,415	2,597
Net Income Growth	32.07%	4.17%	-37.01%	70.00%	-4.56%
Shares Outstanding (Basic)	23	23	23	23	24
Shares Outstanding (Diluted)	23	23	23	23	24
Shares Change (YoY)	-	-	-	-0.67%	-5.17%
EPS (Basic)	163.17	123.55	118.60	188.29	110.01
EPS (Diluted)	163.17	123.55	118.60	188.29	110.01
EPS Growth	32.07%	4.17%	-37.01%	71.15%	0.65%
Free Cash Flow	-15	-33,933	-2,434	267	-7,010
Free Cash Flow Per Share	-0.64	-1447.18	-103.81	11.39	-296.96
Dividend Per Share	-	40.000	40.000	45.000	35.000
Dividend Growth	-	-	-11.11%	28.57%	16.67%
Gross Margin	21.28%	20.74%	21.80%	25.12%	22.61%
Operating Margin	8.60%	6.56%	6.98%	9.54%	7.29%
Profit Margin	4.25%	3.63%	3.90%	7.08%	4.54%
Free Cash Flow Margin	-0.02%	-42.47%	-3.42%	0.43%	-12.25%
EBITDA	8,033	5,493	5,219	6,160	4,368
EBITDA Margin	8.91%	6.88%	7.32%	9.88%	7.63%
D&A For EBITDA	280	252	245	218	197
EBIT	7,753	5,241	4,974	5,942	4,171
EBIT Margin	8.60%	6.56%	6.98%	9.54%	7.29%
Effective Tax Rate	34.98%	27.39%	28.42%	8.95%	17.32%
Advertising Expenses	-	1,523	1,713	1,559	1,442

Source: S&P Global Market Intelligence. Standard template. Financial Sources.