Grandy House 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	52,719	53,960	51,521	55,205	54,884	47,024
Revenue Growth (YoY)	-2.40%	4.73%	-6.67%	0.58%	16.71%	3.26%
Cost of Revenue	45,078	46,618	43,942	45,428	44,399	39,202
Gross Profit	7,641	7,342	7,579	9,777	10,485	7,822
Selling, General & Admin	5,323	5,454	6,404	6,314	6,322	5,726
Other Operating Expenses	675	675	-	-	-	-
Operating Expenses	5,998	6,129	6,404	6,448	6,462	5,863
Operating Income	1,643	1,213	1,175	3,329	4,023	1,959
Interest Expense	-448	-424	-367	-269	-238	-282
Interest & Investment Income	22	11	5	5	6	7
Other Non Operating Income (Expenses)	61	118	62	37	18	421
EBT Excluding Unusual Items	1,278	918	875	3,102	3,809	2,105
Gain (Loss) on Sale of Assets	-	3	11	95	23	5
Asset Writedown	-44	-55	-18	-14	-21	-148
Other Unusual Items	-	-102	-	3	-	705
Pretax Income	1,234	764	868	3,186	3,811	2,667
Income Tax Expense	470	278	452	1,018	1,228	935
Net Income	764	486	416	2,168	2,583	1,732
Net Income to Common	764	486	416	2,168	2,583	1,732
Net Income Growth	138.75%	16.83%	-80.81%	-16.07%	49.13%	22.58%
Shares Outstanding (Basic)	29	29	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29	29
Shares Change (YoY)	1.09%	-0.66%	-1.83%	-0.65%	1.11%	-0.36%
EPS (Basic)	26.52	17.00	14.51	74.47	88.03	59.55
EPS (Diluted)	26.52	17.00	14.49	73.99	87.56	59.39
EPS Growth	136.00%	17.35%	-80.42%	-15.50%	47.43%	23.06%
Free Cash Flow	-	8,338	-2,785	-10,502	-1,153	3,116
Free Cash Flow Per Share	-	291.71	-96.79	-358.31	-39.09	106.80
Dividend Per Share	32.000	32.000	32.000	32.000	30.000	14.000
Dividend Growth	-	-	-	6.67%	114.29%	-39.13%
Gross Margin	14.49%	13.61%	14.71%	17.71%	19.10%	16.63%
Operating Margin	3.12%	2.25%	2.28%	6.03%	7.33%	4.17%
Profit Margin	1.45%	0.90%	0.81%	3.93%	4.71%	3.68%
Free Cash Flow Margin	-	15.45%	-5.41%	-19.02%	-2.10%	6.63%
EBITDA	2,090	1,657	1,615	3,760	4,443	2,380
EBITDA Margin	3.96%	3.07%	3.14%	6.81%	8.09%	5.06%
D&A For EBITDA	447	444	440	431	420	421
EBIT	1,643	1,213	1,175	3,329	4,023	1,959
EBIT Margin	3.12%	2.25%	2.28%	6.03%	7.33%	4.17%
Effective Tax Rate	38.09%	36.39%	52.07%	31.95%	32.22%	35.06%
Advertising Expenses	-	652	737	862	732	638

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