Tosei Corporation (TYO:8923)

Tosei Income Statement

Financials in millions JPY. Fiscal year is December - November.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May 31, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021	Nov 30, 2020
Revenue	90,632	82,192	79,446	70,953	61,726	63,940
Revenue Growth (YoY)	7.63%	3.46%	11.97%	14.95%	-3.46%	5.29%
Cost of Revenue	52,368	46,995	49,161	45,686	41,025	49,140
Gross Profit	38,264	35,196	30,285	25,267	20,702	14,799
Selling, General & Admin	16,126	15,229	13,401	11,480	9,123	7,663
Other Operating Expenses	952.64	1,481	651.91	505.15	523.37	484.29
Operating Expenses	17,079	16,710	14,053	11,985	9,646	8,148
Operating Income	21,185	18,487	16,232	13,282	11,055	6,652
Interest Expense	-2,050	-1,745	-1,348	-1,138	-912.56	-794.48
Interest & Investment Income	659.4	620.96	403.93	377.62	249.56	268.04
Other Non Operating Income (Expenses)	-0	-0	-0	-0	-0	-0
EBT Excluding Unusual Items	19,795	17,363	15,288	12,521	10,392	6,125
Merger & Restructuring Charges	-	-	-88.86	-20.47	-	-224.32
Gain (Loss) on Sale of Assets	1.85	1.85	1.96	2.26	0.31	0.34
Other Unusual Items	-	-	109.42	250.37	-90.04	-
Pretax Income	19,797	17,365	15,311	12,754	10,303	5,901
Income Tax Expense	5,624	5,365	4,803	4,146	3,579	2,299
Earnings From Continuing Operations	14,172	12,000	10,508	8,607	6,724	3,602
Minority Interest in Earnings	-19.16	-15.01	-1.1	-	-2.39	-
Net Income	14,153	11,985	10,507	8,607	6,721	3,602
Net Income to Common	14,153	11,985	10,507	8,607	6,721	3,602
Net Income Growth	14.12%	14.07%	22.07%	28.06%	86.58%	-57.35%
Shares Outstanding (Basic)	48	48	48	47	47	47
Shares Outstanding (Diluted)	48	48	48	47	47	47
Shares Change (YoY)	0.15%	1.19%	0.93%	0.54%	-0.47%	-1.26%
EPS (Basic)	292.03	247.43	219.74	181.66	142.56	76.05
EPS (Diluted)	291.93	247.23	219.32	181.33	142.37	75.94
EPS Growth	13.96%	12.73%	20.95%	27.37%	87.48%	-56.81%
Free Cash Flow	-6,000	-13,240	5,314	-286.18	0.51	12,349
Free Cash Flow Per Share	-123.77	-273.11	110.92	-6.03	0.01	260.33
Dividend Per Share	79.000	79.000	66.000	51.000	38.000	19.000
Dividend Growth	19.70%	19.70%	29.41%	34.21%	100.00%	-54.76%
Gross Margin	42.22%	42.82%	38.12%	35.61%	33.54%	23.15%
Operating Margin	23.38%	22.49%	20.43%	18.72%	17.91%	10.40%
Profit Margin	15.62%	14.58%	13.23%	12.13%	10.89%	5.63%
Free Cash Flow Margin	-6.62%	-16.11%	6.69%	-0.40%	0.00%	19.31%
EBITDA	22,742	20,023	17,741	14,814	12,494	7,834
EBITDA Margin	25.09%	24.36%	22.33%	20.88%	20.24%	12.25%
D&A For EBITDA	1,557	1,537	1,509	1,532	1,439	1,182
EBIT	21,185	18,487	16,232	13,282	11,055	6,652
EBIT Margin	23.38%	22.49%	20.43%	18.72%	17.91%	10.40%
Effective Tax Rate	28.41%	30.89%	31.37%	32.51%	34.74%	38.96%
Advertising Expenses	-	394.52	322.15	241.76	193.51	242.6

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