Suzuyo Shinwart 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	20,023	19,116	17,160	15,503	14,458	14,349
Revenue Growth (YoY)	8.38%	11.40%	10.69%	7.23%	0.76%	-2.08%
Cost of Revenue	14,953	14,493	13,252	12,402	11,694	11,769
Gross Profit	5,070	4,623	3,908	3,101	2,764	2,580
Selling, General & Admin	3,777	3,226	2,885	2,590	2,397	2,273
Operating Expenses	3,777	3,226	2,885	2,590	2,397	2,274
Operating Income	1,293	1,397	1,023	511	367	306
Interest Expense	-26	-29	-29	-33	-31	-43
Interest & Investment Income	16	12	9	8	9	6
Earnings From Equity Investments	8	9	20	16	15	13
Other Non Operating Income (Expenses)	55	49	44	51	44	45
EBT Excluding Unusual Items	1,346	1,438	1,067	553	404	327
Gain (Loss) on Sale of Investments	3	43	-	-	-	28
Gain (Loss) on Sale of Assets	12	10	9	1	9	6
Asset Writedown	-1	-9	-12	-7	-2	-2
Other Unusual Items	4	3	10	-	-	-
Pretax Income	1,364	1,485	1,074	547	411	359
Income Tax Expense	396	379	304	166	136	146
Net Income	968	1,106	770	381	275	213
Net Income to Common	968	1,106	770	381	275	213
Net Income Growth	-6.20%	43.64%	102.10%	38.55%	29.11%	33.13%
Shares Outstanding (Basic)	3	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3	3
Shares Change (YoY)	0.74%	-2.80%	-1.31%	-0.00%	-0.00%	-0.00%
EPS (Basic)	340.32	391.89	265.20	129.51	93.47	72.40
EPS (Diluted)	340.32	391.89	265.20	129.51	93.47	72.40
EPS Growth	-6.89%	47.77%	104.78%	38.55%	29.11%	33.13%
Free Cash Flow	-	1,188	1,460	711	893	798
Free Cash Flow Per Share	-	420.94	502.85	241.68	303.54	271.24
Dividend Per Share	90.000	90.000	60.000	40.000	30.000	25.000
Dividend Growth	50.00%	50.00%	50.00%	33.33%	20.00%	100.00%
Gross Margin	25.32%	24.18%	22.77%	20.00%	19.12%	17.98%
Operating Margin	6.46%	7.31%	5.96%	3.30%	2.54%	2.13%
Profit Margin	4.83%	5.79%	4.49%	2.46%	1.90%	1.48%
Free Cash Flow Margin	-	6.21%	8.51%	4.59%	6.18%	5.56%
EBITDA	1,891	2,022	1,684	1,147	959	894
EBITDA Margin	9.44%	10.58%	9.81%	7.40%	6.63%	6.23%
D&A For EBITDA	598	625	661	636	592	588
EBIT	1,293	1,397	1,023	511	367	306
EBIT Margin	6.46%	7.31%	5.96%	3.30%	2.54%	2.13%
Effective Tax Rate	29.03%	25.52%	28.31%	30.35%	33.09%	40.67%

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