Hikari Tsushin Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	760,182	734,791	686,553	601,948	643,984	578,269
Revenue Growth	7.43%	7.03%	14.06%	-6.53%	11.36%	3.37%
Cost of Revenue	390,275	370,835	343,254	286,778	346,651	278,258
Gross Profit	369,907	363,956	343,299	315,170	297,333	300,011
Selling, General & Admin	253,749	250,881	238,566	219,753	228,648	227,829
Other Operating Expenses	-2,184	49	-65	-84	-1,702	-3,295
Operating Expenses	251,565	250,930	238,501	219,669	226,946	224,534
Operating Income	118,342	113,026	104,798	95,501	70,387	75,477
Interest Expense	-19,624	-14,214	-11,942	-9,003	-7,799	-6,907
Interest & Investment Income	83,128	43,788	36,189	30,581	18,039	11,163
Earnings From Equity Investments	29,125	26,850	18,141	20,855	16,322	13,018
Currency Exchange Gain (Loss)	-	21,304	-1,887	28,078	5,798	10,415
Other Non Operating Income (Expenses)	2,514	-5,141	516	4,251	-829	-2,162
EBT Excluding Unusual Items	213,485	185,613	145,815	170,263	101,918	101,004
Merger & Restructuring Charges	-	-	-1,099	-965	-3,777	-
Impairment of Goodwill	-	810	-	-	3,327	-
Gain (Loss) on Sale of Investments	-	11,364	7,615	747	18,462	6,710
Gain (Loss) on Sale of Assets	-	1,440	-99	-125	-313	704
Asset Writedown	-	-147	-1,515	-1,921	-1,139	-441
Pretax Income	213,485	199,080	150,717	167,999	118,478	107,977
Income Tax Expense	48,813	42,852	29,430	44,255	23,482	16,751
Earnings From Continuing Operations	164,672	156,228	121,287	123,744	94,996	91,226
Minority Interest in Earnings	-5,170	-5,214	-3,764	-1,519	-3,651	-3,866
Net Income	159,502	151,014	117,523	122,225	91,345	87,360
Preferred Dividends & Other Adjustments	38	37	17	7	-	-
Net Income to Common	159,464	150,977	117,506	122,218	91,345	87,360
Net Income Growth	59.82%	28.48%	-3.85%	33.80%	4.56%	59.96%
Shares Outstanding (Basic)	44	44	44	44	45	45
Shares Outstanding (Diluted)	44	44	44	44	45	45
Shares Change	-0.19%	-0.27%	-0.90%	-0.93%	-1.32%	-1.12%
EPS (Basic)	3635.60	3440.13	2671.20	2753.53	2037.68	1923.21
EPS (Diluted)	3633.65	3436.91	2667.32	2747.46	2032.99	1919.70
EPS Growth	60.22%	28.85%	-2.92%	35.14%	5.90%	61.88%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Free Cash Flow	7,065	37,674	63,283	111,917	36,457	33,038
Free Cash Flow Per Share	161.07	858.27	1437.76	2519.91	813.23	727.21
Dividend Per Share	770.000	751.000	661.000	588.000	545.000	491.000
Dividend Growth	12.25%	13.62%	12.41%	7.89%	11.00%	7.67%
Gross Margin	48.66%	49.53%	50.00%	52.36%	46.17%	51.88%
Operating Margin	15.57%	15.38%	15.26%	15.87%	10.93%	13.05%
Profit Margin	20.98%	20.55%	17.11%	20.30%	14.18%	15.11%
Free Cash Flow Margin	0.93%	5.13%	9.22%	18.59%	5.66%	5.71%
EBITDA	134,979	129,501	118,874	110,057	86,640	92,204
EBITDA Margin	17.76%	17.62%	17.32%	18.28%	13.45%	15.95%
D&A For EBITDA	16,637	16,475	14,076	14,556	16,253	16,727
EBIT	118,342	113,026	104,798	95,501	70,387	75,477
EBIT Margin	15.57%	15.38%	15.26%	15.87%	10.93%	13.05%
Effective Tax Rate	22.86%	21.52%	19.53%	26.34%	19.82%	15.51%