TYO:9478 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	7,146	7,242	7,318	7,335	7,090	6,317
Revenue Growth (YoY)	-0.92%	-1.04%	-0.23%	3.46%	12.24%	4.62%
Cost of Revenue	3,785	3,700	3,583	3,473	3,245	3,200
Gross Profit	3,361	3,542	3,735	3,862	3,845	3,117
Selling, General & Admin	2,530	2,723	2,518	2,425	2,361	2,203
Operating Expenses	2,530	2,723	2,518	2,425	2,361	2,191
Operating Income	831	819	1,217	1,437	1,484	926
Interest Expense	-34	-20	-18	-11	-11	-18
Interest & Investment Income	3	1	-	-	5	5
Currency Exchange Gain (Loss)	-107	5	-92	-54	-54	-29
Other Non Operating Income (Expenses)	-3	-1	5	11	-2	17
EBT Excluding Unusual Items	690	804	1,112	1,383	1,422	901
Gain (Loss) on Sale of Investments	2	5	37	7	-22	-15
Gain (Loss) on Sale of Assets	123	-	-4	-	5	-
Asset Writedown	-6	-6	-18	-4	-8	-4
Other Unusual Items	-	-	-1	-	-9	-10
Pretax Income	809	803	1,126	1,386	1,388	872
Income Tax Expense	255	272	397	421	481	299
Earnings From Continuing Operations	554	531	729	965	907	573
Net Income	554	531	729	965	907	573
Net Income to Common	554	531	729	965	907	573
Net Income Growth	22.30%	-27.16%	-24.46%	6.40%	58.29%	178.16%
Shares Outstanding (Basic)	16	17	19	21	22	22
Shares Outstanding (Diluted)	16	17	19	21	22	22
Shares Change (YoY)	-8.79%	-8.16%	-8.34%	-4.73%	-2.68%	-0.41%
EPS (Basic)	34.22	30.54	38.57	46.75	41.66	25.61
EPS (Diluted)	34.17	30.45	38.40	46.53	41.66	25.61
EPS Growth	34.14%	-20.70%	-17.47%	11.69%	62.65%	179.30%
Free Cash Flow	-	-305	459	-22	598	373
Free Cash Flow Per Share	-	-17.47	24.14	-1.06	27.47	16.67
Dividend Per Share	3.500	3.500	3.500	3.000	2.000	2.000
Dividend Growth	-	-	16.67%	50.00%	-	42.86%
Gross Margin	47.03%	48.91%	51.04%	52.65%	54.23%	49.34%
Operating Margin	11.63%	11.31%	16.63%	19.59%	20.93%	14.66%
Profit Margin	7.75%	7.33%	9.96%	13.16%	12.79%	9.07%
Free Cash Flow Margin	-	-4.21%	6.27%	-0.30%	8.43%	5.91%
EBITDA	889	874	1,268	1,492	1,545	979
EBITDA Margin	12.44%	12.07%	17.33%	20.34%	21.79%	15.50%
D&A For EBITDA	58	55	51	55	61	53
EBIT	831	819	1,217	1,437	1,484	926
EBIT Margin	11.63%	11.31%	16.63%	19.59%	20.93%	14.66%
Effective Tax Rate	31.52%	33.87%	35.26%	30.38%	34.65%	34.29%
Advertising Expenses	-	30	35	43	68	91

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