Toyo Wharf & Warehouse 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	37,804	35,100	34,697	38,086	36,123	34,159
Revenue Growth (YoY)	8.63%	1.16%	-8.90%	5.43%	5.75%	-1.65%
Cost of Revenue	33,680	31,557	31,291	34,264	32,592	30,965
Gross Profit	4,124	3,543	3,406	3,822	3,531	3,194
Selling, General & Admin	2,424	2,388	2,426	2,283	2,051	2,059
Operating Expenses	2,424	2,388	2,426	2,283	2,051	2,059
Operating Income	1,700	1,155	980	1,539	1,480	1,135
Interest Expense	-210	-160	-145	-149	-121	-98
Interest & Investment Income	331	261	235	214	186	166
Earnings From Equity Investments	52	24	-6	40	49	-7
Currency Exchange Gain (Loss)	12	-40	-56	60	20	-39
Other Non Operating Income (Expenses)	174	142	144	141	145	177
EBT Excluding Unusual Items	2,059	1,382	1,152	1,845	1,759	1,334
Gain (Loss) on Sale of Investments	109	486	431	82	7	3
Gain (Loss) on Sale of Assets	10	-221	3	3	3	3
Asset Writedown	-59	-121	-123	-173	-197	-149
Other Unusual Items	1	141	-	1	-	-
Pretax Income	2,120	1,667	1,463	1,758	1,572	1,191
Income Tax Expense	642	518	477	482	427	372
Earnings From Continuing Operations	1,478	1,149	986	1,276	1,145	819
Minority Interest in Earnings	-31	-25	-6	-10	-13	-17
Net Income	1,447	1,124	980	1,266	1,132	802
Net Income to Common	1,447	1,124	980	1,266	1,132	802
Net Income Growth	30.83%	14.69%	-22.59%	11.84%	41.15%	-35.94%
Shares Outstanding (Basic)	7	7	7	8	8	8
Shares Outstanding (Diluted)	7	7	7	8	8	8
Shares Change (YoY)	-1.13%	-0.60%	-2.75%	-0.45%	-0.01%	-
EPS (Basic)	197.39	151.69	131.46	165.14	146.99	104.13
EPS (Diluted)	197.39	151.69	131.46	165.14	146.99	104.13
EPS Growth	32.32%	15.39%	-20.40%	12.35%	41.16%	-35.94%
Free Cash Flow	-	-646	1,088	17	-3,048	757
Free Cash Flow Per Share	-	-87.18	145.94	2.22	-395.79	98.29
Dividend Per Share	35.000	60.000	55.000	55.000	50.000	50.000
Dividend Growth	-36.36%	9.09%	-	10.00%	-	-
Gross Margin	10.91%	10.09%	9.82%	10.04%	9.78%	9.35%
Operating Margin	4.50%	3.29%	2.82%	4.04%	4.10%	3.32%
Profit Margin	3.83%	3.20%	2.82%	3.32%	3.13%	2.35%
Free Cash Flow Margin	-	-1.84%	3.14%	0.04%	-8.44%	2.22%
EBITDA	3,919	3,331	3,099	3,648	3,378	2,850
EBITDA Margin	10.37%	9.49%	8.93%	9.58%	9.35%	8.34%
D&A For EBITDA	2,219	2,176	2,119	2,109	1,898	1,715
EBIT	1,700	1,155	980	1,539	1,480	1,135
EBIT Margin	4.50%	3.29%	2.82%	4.04%	4.10%	3.32%
Effective Tax Rate	30.28%	31.07%	32.60%	27.42%	27.16%	31.23%

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