Tokai Kisen Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	12,482	12,849	11,413	12,155	9,439
Other Revenue	1,806	1,755	1,763	1,774	1,371
Revenue	14,288	14,604	13,176	13,929	10,810
Revenue Growth (YoY)	-2.16%	10.84%	-5.41%	28.85%	20.51%
Cost of Revenue	12,285	12,584	12,423	12,014	9,432
Gross Profit	2,003	2,020	753	1,915	1,378
Selling, General & Admin	1,479	1,438	1,383	1,463	1,180
Operating Expenses	1,479	1,434	1,378	1,458	1,177
Operating Income	524	586	-625	457	201
Interest Expense	-138	-131	-120	-129	-126
Interest & Investment Income	23	9	8	5	6
Earnings From Equity Investments	-	-	-	-	-74
Other Non Operating Income (Expenses)	36	88	158	56	228
EBT Excluding Unusual Items	445	552	-579	389	235
Gain (Loss) on Sale of Investments	-	-	-	-	4
Gain (Loss) on Sale of Assets	-	-	-	-87	-
Asset Writedown	-181	-214	-139	-92	-
Other Unusual Items	337	215	105	80	-
Pretax Income	601	553	-613	290	239
Income Tax Expense	172	149	-59	54	198
Earnings From Continuing Operations	429	404	-554	236	41
Minority Interest in Earnings	-61	-111	-26	-56	-119
Net Income	368	293	-580	180	-78
Net Income to Common	368	293	-580	180	-78
Net Income Growth	25.60%	-	-	-	-
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	-0.00%	-	-	-0.01%	-
EPS (Basic)	167.68	133.50	-264.27	82.02	-35.54
EPS (Diluted)	167.68	133.50	-264.27	82.02	-35.54
EPS Growth	25.60%	-	-	-	-
Free Cash Flow	378	1,460	19	1,656	1,045
Free Cash Flow Per Share	172.24	665.24	8.66	754.54	476.12
Dividend Per Share	-	10.000	-	-	-
Gross Margin	14.02%	13.83%	5.71%	13.75%	12.75%
Operating Margin	3.67%	4.01%	-4.74%	3.28%	1.86%
Profit Margin	2.58%	2.01%	-4.40%	1.29%	-0.72%
Free Cash Flow Margin	2.65%	10.00%	0.14%	11.89%	9.67%
EBITDA	1,739	1,889	700	1,791	1,370
EBITDA Margin	12.17%	12.93%	5.31%	12.86%	12.67%
D&A For EBITDA	1,215	1,303	1,325	1,334	1,169
EBIT	524	586	-625	457	201
EBIT Margin	3.67%	4.01%	-4.74%	3.28%	1.86%
Effective Tax Rate	28.62%	26.94%	-	18.62%	82.84%
Advertising Expenses	-	-	113	185	-

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