TYO:9218 Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	6,137	5,134	2,608	2,288	1,453	947
Revenue Growth (YoY)	41.18%	96.86%	13.99%	57.47%	53.43%	46.59%
Cost of Revenue	4,074	3,295	1,162	859	684	495
Gross Profit	2,063	1,839	1,446	1,429	769	452
Selling, General & Admin	1,442	1,653	914	1,030	608	597
Amortization of Goodwill & Intangibles	77	77	9	-	-	-
Operating Expenses	1,519	1,730	945	1,059	631	597
Operating Income	544	109	501	370	138	-145
Interest Expense	-40	-31	-3	-2	-2	-2
Other Non Operating Income (Expenses)	-4	-39	-2	-23	-	-1
EBT Excluding Unusual Items	502	39	496	345	136	-148
Asset Writedown	-	-1	-	-	-	-
Other Unusual Items	10	8	26	52	-	-
Pretax Income	512	46	522	397	136	-148
Income Tax Expense	130	75	81	132	-25	1
Net Income	382	-29	441	265	161	-149
Net Income to Common	382	-29	441	265	161	-149
Net Income Growth	2628.57%	-	66.42%	64.60%	-	-
Shares Outstanding (Basic)	10	10	10	10	9	9
Shares Outstanding (Diluted)	10	10	11	11	9	9
Shares Change (YoY)	2.41%	-3.58%	0.11%	18.14%	2.12%	6.02%
EPS (Basic)	36.87	-2.85	44.25	27.18	18.02	-17.03
EPS (Diluted)	36.41	-2.85	41.78	25.13	18.02	-17.03
EPS Growth	2553.49%	-	66.25%	39.42%	-	-
Free Cash Flow	-	244	146	364	199	-
Free Cash Flow Per Share	-	23.95	13.82	34.49	22.28	-
Gross Margin	33.62%	35.82%	55.45%	62.46%	52.92%	47.73%
Operating Margin	8.86%	2.12%	19.21%	16.17%	9.50%	-15.31%
Profit Margin	6.22%	-0.56%	16.91%	11.58%	11.08%	-15.73%
Free Cash Flow Margin	-	4.75%	5.60%	15.91%	13.70%	-
EBITDA	776.5	256	534	396	161	-
EBITDA Margin	12.65%	4.99%	20.47%	17.31%	11.08%	-
D&A For EBITDA	232.5	147	33	26	23	-
EBIT	544	109	501	370	138	-145
EBIT Margin	8.86%	2.12%	19.21%	16.17%	9.50%	-15.31%
Effective Tax Rate	25.39%	163.04%	15.52%	33.25%	-	-
Advertising Expenses	-	144	117	187	101	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.