Keikyu 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	304,192	293,860	280,624	253,005	265,237
Revenue Growth (YoY)	3.52%	4.72%	10.92%	-4.61%	12.88%
Cost of Revenue	224,162	215,247	211,224	203,397	223,935
Gross Profit	80,030	78,613	69,400	49,608	41,302
Selling, General & Admin	46,477	36,870	33,376	32,397	31,408
Other Operating Expenses	-	2,020	4,052	2,504	2,490
Operating Expenses	46,477	42,969	41,359	38,788	37,792
Operating Income	33,553	35,644	28,041	10,820	3,510
Interest Expense	-5,505	-4,140	-3,745	-3,645	-3,907
Interest & Investment Income	793	766	577	536	458
Earnings From Equity Investments	672	569	565	486	490
Currency Exchange Gain (Loss)	-	466	-	-	-
Other Non Operating Income (Expenses)	-716	404	505	609	2,119
EBT Excluding Unusual Items	28,797	33,709	25,943	8,806	2,670
Gain (Loss) on Sale of Investments	-138	2,207	2,458	3,425	2,395
Gain (Loss) on Sale of Assets	19,721	235	90,148	13,204	17,275
Asset Writedown	-15,249	-47,111	-4,057	-4,621	-3,691
Other Unusual Items	3,547	42,520	4,785	1,536	1,708
Pretax Income	36,678	31,560	119,277	22,350	20,357
Income Tax Expense	9,136	7,119	35,466	6,510	7,842
Earnings From Continuing Operations	27,542	24,441	83,811	15,840	12,515
Minority Interest in Earnings	-50	-140	-61	-23	14
Net Income	27,492	24,301	83,750	15,817	12,529
Net Income to Common	27,492	24,301	83,750	15,817	12,529
Net Income Growth	13.13%	-70.98%	429.49%	26.24%	-
Shares Outstanding (Basic)	270	275	275	275	275
Shares Outstanding (Diluted)	270	275	275	275	275
Shares Change (YoY)	-1.85%	-0.14%	0.00%	0.00%	-0.02%
EPS (Basic)	101.90	88.40	304.23	57.46	45.51
EPS (Diluted)	101.90	88.40	304.23	57.46	45.51
EPS Growth	15.27%	-70.94%	429.48%	26.24%	-
Free Cash Flow	-38,881	-60,908	-4,330	-28,459	19,139
Free Cash Flow Per Share	-144.11	-221.56	-15.73	-103.38	69.53
Dividend Per Share	-	26.000	15.000	11.000	10.000
Dividend Growth	-	73.33%	36.36%	10.00%	100.00%
Gross Margin	26.31%	26.75%	24.73%	19.61%	15.57%
Operating Margin	11.03%	12.13%	9.99%	4.28%	1.32%
Profit Margin	9.04%	8.27%	29.84%	6.25%	4.72%
Free Cash Flow Margin	-12.78%	-20.73%	-1.54%	-11.25%	7.22%
EBITDA	62,839	64,185	56,211	39,129	33,077
EBITDA Margin	20.66%	21.84%	20.03%	15.47%	12.47%
D&A For EBITDA	29,286	28,541	28,170	28,309	29,567
EBIT	33,553	35,644	28,041	10,820	3,510
EBIT Margin	11.03%	12.13%	9.99%	4.28%	1.32%
Effective Tax Rate	24.91%	22.56%	29.73%	29.13%	38.52%

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