AZ-COM MARUWA Holdings 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	230,531	208,370	198,554	177,829	133,000
Revenue Growth (YoY)	10.63%	4.94%	11.65%	33.71%	18.63%
Cost of Revenue	208,460	186,957	175,259	158,131	118,590
Gross Profit	22,071	21,413	23,295	19,698	14,410
Selling, General & Admin	10,194	10,425	9,446	8,335	5,761
Operating Expenses	10,206	10,443	9,449	8,335	5,761
Operating Income	11,865	10,970	13,846	11,363	8,649
Interest Expense	-397	-137	-71	-49	-14
Interest & Investment Income	433	470	419	333	343
Earnings From Equity Investments	37	-	-	-	-
Other Non Operating Income (Expenses)	592	295	255	241	175
EBT Excluding Unusual Items	12,530	11,598	14,449	11,888	9,153
Gain (Loss) on Sale of Investments	-	299	-	269	2
Gain (Loss) on Sale of Assets	-545	47	99	60	-16
Asset Writedown	-	-	-	-3	-
Other Unusual Items	77	-	-	-1	-
Pretax Income	12,062	11,944	14,548	12,213	9,139
Income Tax Expense	4,181	4,310	5,074	4,148	3,014
Earnings From Continuing Operations	7,881	7,634	9,474	8,065	6,125
Minority Interest in Earnings	-433	-350	-355	-285	-
Net Income	7,448	7,284	9,119	7,780	6,125
Net Income to Common	7,448	7,284	9,119	7,780	6,125
Net Income Growth	2.25%	-20.12%	17.21%	27.02%	10.64%
Shares Outstanding (Basic)	135	135	129	126	126
Shares Outstanding (Diluted)	143	142	136	133	137
Shares Change (YoY)	0.45%	4.47%	2.16%	-2.65%	4.71%
EPS (Basic)	55.30	54.06	70.88	61.85	48.72
EPS (Diluted)	52.16	50.16	65.89	57.26	44.77
EPS Growth	3.99%	-23.87%	15.07%	27.89%	5.66%
Free Cash Flow	-	185	5,755	2,578	5,253
Free Cash Flow Per Share	-	1.30	42.30	19.36	38.40
Dividend Per Share	-	32.000	30.000	23.500	19.000
Dividend Growth	-	6.67%	27.66%	23.68%	-
Gross Margin	9.57%	10.28%	11.73%	11.08%	10.84%
Operating Margin	5.15%	5.27%	6.97%	6.39%	6.50%
Profit Margin	3.23%	3.50%	4.59%	4.38%	4.61%
Free Cash Flow Margin	-	0.09%	2.90%	1.45%	3.95%
EBITDA	15,238	14,343	16,786	13,873	10,371
EBITDA Margin	6.61%	6.88%	8.45%	7.80%	7.80%
D&A For EBITDA	3,373	3,373	2,940	2,510	1,722
EBIT	11,865	10,970	13,846	11,363	8,649
EBIT Margin	5.15%	5.27%	6.97%	6.39%	6.50%
Effective Tax Rate	34.66%	36.09%	34.88%	33.96%	32.98%

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