Niigata Kotsu 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	20,266	19,998	19,417	17,469	14,440	13,630
Revenue Growth (YoY)	1.93%	2.99%	11.15%	20.98%	5.94%	-26.95%
Cost of Revenue	13,629	13,549	13,460	12,180	10,887	10,934
Gross Profit	6,637	6,449	5,957	5,289	3,553	2,696
Selling, General & Admin	4,146	4,109	3,930	3,617	3,342	3,444
Operating Expenses	4,470	4,475	4,275	3,916	3,620	3,609
Operating Income	2,167	1,974	1,682	1,373	-67	-913
Interest Expense	-412	-368	-352	-440	-337	-312
Interest & Investment Income	40	38	29	19	12	9
Earnings From Equity Investments	1	1	-	-	-	-
Other Non Operating Income (Expenses)	-28	-35	-44	18	162	336
EBT Excluding Unusual Items	1,768	1,610	1,315	970	-230	-880
Gain (Loss) on Sale of Investments	-	-	1	-4	-39	-
Gain (Loss) on Sale of Assets	2	3	5	10	2	-
Asset Writedown	-253	-197	-109	-54	-220	-143
Other Unusual Items	78	176	124	84	70	95
Pretax Income	1,595	1,592	1,336	1,006	-417	-928
Income Tax Expense	492	506	272	109	17	44
Net Income	1,103	1,086	1,064	897	-434	-972
Net Income to Common	1,103	1,086	1,064	897	-434	-972
Net Income Growth	1.94%	2.07%	18.62%	-	-	-
Shares Outstanding (Basic)	4	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4	4
Shares Change (YoY)	-0.01%	-	-	-	-0.03%	-
EPS (Basic)	287.18	282.74	277.01	233.53	-112.99	-252.99
EPS (Diluted)	287.18	282.74	277.01	233.53	-112.99	-252.99
EPS Growth	1.95%	2.07%	18.62%	-	-	-
Free Cash Flow	-	1,562	2,061	1,319	1,004	-2,460
Free Cash Flow Per Share	-	406.67	536.58	343.40	261.39	-640.29
Dividend Per Share	10.000	10.000	10.000	-	-	-
Gross Margin	32.75%	32.25%	30.68%	30.28%	24.61%	19.78%
Operating Margin	10.69%	9.87%	8.66%	7.86%	-0.46%	-6.70%
Profit Margin	5.44%	5.43%	5.48%	5.13%	-3.01%	-7.13%
Free Cash Flow Margin	-	7.81%	10.61%	7.55%	6.95%	-18.05%
EBITDA	3,527	3,345	3,068	2,891	1,578	735
EBITDA Margin	17.40%	16.73%	15.80%	16.55%	10.93%	5.39%
D&A For EBITDA	1,360	1,371	1,386	1,518	1,645	1,648
EBIT	2,167	1,974	1,682	1,373	-67	-913
EBIT Margin	10.69%	9.87%	8.66%	7.86%	-0.46%	-6.70%
Effective Tax Rate	30.85%	31.78%	20.36%	10.84%	-	-

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