METAWATER Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	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	209,844	179,094	165,561	150,716	135,557
Revenue Growth (YoY)	17.17%	8.17%	9.85%	11.18%	1.65%
Cost of Revenue	162,792	140,380	131,158	120,428	107,065
Gross Profit	47,052	38,714	34,403	30,288	28,492
Selling, General & Admin	34,171	24,769	21,858	19,268	18,000
Research & Development	-	2,352	2,129	2,070	2,015
Other Operating Expenses	-	966	512	260	329
Operating Expenses	34,231	28,087	24,499	21,598	20,344
Operating Income	12,821	10,627	9,904	8,690	8,148
Interest Expense	-513	-296	-233	-220	-158
Interest & Investment Income	465	269	216	202	209
Earnings From Equity Investments	74	-5	-38	122	-
Currency Exchange Gain (Loss)	621	-147	621	528	599
Other Non Operating Income (Expenses)	-34	-160	-60	19	37
EBT Excluding Unusual Items	13,434	10,288	10,410	9,341	8,835
Gain (Loss) on Sale of Investments	-290	-235	100	-193	-
Gain (Loss) on Sale of Assets	-31	-104	-21	-81	-84
Other Unusual Items	-60	-90	-	-	-
Pretax Income	13,053	9,859	10,489	9,067	8,751
Income Tax Expense	3,570	2,566	3,124	2,572	2,853
Earnings From Continuing Operations	9,483	7,293	7,365	6,495	5,898
Minority Interest in Earnings	-347	-441	-490	-243	347
Net Income	9,136	6,852	6,875	6,252	6,245
Net Income to Common	9,136	6,852	6,875	6,252	6,245
Net Income Growth	33.33%	-0.34%	9.96%	0.11%	-4.54%
Shares Outstanding (Basic)	44	44	44	44	44
Shares Outstanding (Diluted)	44	44	44	44	44
Shares Change (YoY)	0.05%	0.06%	0.06%	0.06%	0.20%
EPS (Basic)	209.28	157.04	157.66	143.45	143.38
EPS (Diluted)	209.28	157.04	157.66	143.45	143.38
EPS Growth	33.27%	-0.39%	9.90%	0.05%	-4.73%
Free Cash Flow	10,402	11,544	-6,397	-5,374	5,429
Free Cash Flow Per Share	238.28	264.58	-146.69	-123.31	124.65
Dividend Per Share	70.000	50.000	46.000	42.000	40.000
Dividend Growth	40.00%	8.70%	9.52%	5.00%	-
Gross Margin	22.42%	21.62%	20.78%	20.10%	21.02%
Operating Margin	6.11%	5.93%	5.98%	5.77%	6.01%
Profit Margin	4.35%	3.83%	4.15%	4.15%	4.61%
Free Cash Flow Margin	4.96%	6.45%	-3.86%	-3.57%	4.00%
EBITDA	16,670	13,554	12,348	10,597	9,859
EBITDA Margin	7.94%	7.57%	7.46%	7.03%	7.27%
D&A For EBITDA	3,849	2,927	2,444	1,907	1,711
EBIT	12,821	10,627	9,904	8,690	8,148
EBIT Margin	6.11%	5.93%	5.98%	5.77%	6.01%
Effective Tax Rate	27.35%	26.03%	29.78%	28.37%	32.60%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.