K.R.S. Income Statement

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Revenue	202,602	195,192	184,617	179,649	175,967
Revenue Growth (YoY)	3.80%	5.73%	2.77%	2.09%	2.80%
Cost of Revenue	190,262	183,021	174,264	169,930	166,342
Gross Profit	12,340	12,171	10,353	9,719	9,625
Selling, General & Admin	6,696	6,482	6,196	5,886	5,829
Operating Expenses	6,696	6,608	6,322	6,022	5,986
Operating Income	5,644	5,563	4,031	3,697	3,639
Interest Expense	-1,185	-1,096	-818	-649	-617
Interest & Investment Income	79	56	52	47	78
Earnings From Equity Investments	18	-22	1	-	4
Other Non Operating Income (Expenses)	263	384	206	163	202
EBT Excluding Unusual Items	4,819	4,885	3,472	3,258	3,306
Gain (Loss) on Sale of Investments	-	90	-	35	6
Gain (Loss) on Sale of Assets	-2	-40	-78	11	-70
Asset Writedown	-	-75	-3,447	-	-44
Legal Settlements	-	-	-	-185	-
Other Unusual Items	-62	-7	-3	-45	-16
Pretax Income	4,755	4,853	-56	3,074	3,182
Income Tax Expense	1,556	1,471	841	1,272	1,181
Earnings From Continuing Operations	3,199	3,382	-897	1,802	2,001
Minority Interest in Earnings	-551	-722	-437	-344	-442
Net Income	2,648	2,660	-1,334	1,458	1,559
Net Income to Common	2,648	2,660	-1,334	1,458	1,559
Net Income Growth	-0.45%	-	-	-6.48%	114.15%
Shares Outstanding (Basic)	25	25	25	25	25
Shares Outstanding (Diluted)	25	25	25	25	25
EPS (Basic)	106.53	107.01	-53.67	58.66	62.72
EPS (Diluted)	106.53	107.01	-53.67	58.66	62.72
EPS Growth	-0.45%	-	-	-6.48%	114.15%
Free Cash Flow	-1,699	1,056	1,466	1,136	-3,988
Free Cash Flow Per Share	-68.35	42.48	58.98	45.70	-160.44
Dividend Per Share	-	23.500	23.000	23.000	23.000
Dividend Growth	-	2.17%	-	-	-
Gross Margin	6.09%	6.24%	5.61%	5.41%	5.47%
Operating Margin	2.79%	2.85%	2.18%	2.06%	2.07%
Profit Margin	1.31%	1.36%	-0.72%	0.81%	0.89%
Free Cash Flow Margin	-0.84%	0.54%	0.79%	0.63%	-2.27%
EBITDA	13,413	12,895	11,121	10,465	9,885
EBITDA Margin	6.62%	6.61%	6.02%	5.83%	5.62%
D&A For EBITDA	7,769	7,332	7,090	6,768	6,246
EBIT	5,644	5,563	4,031	3,697	3,639
EBIT Margin	2.79%	2.85%	2.18%	2.06%	2.07%
Effective Tax Rate	32.72%	30.31%	-	41.38%	37.11%

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