Japaniace 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	12,084	11,211	9,885	8,324	7,243
Revenue Growth (YoY)	7.79%	13.41%	18.75%	14.92%	8.61%
Cost of Revenue	9,185	8,313	7,342	6,291	5,533
Gross Profit	2,899	2,898	2,543	2,033	1,710
Selling, General & Admin	1,904	1,938	1,694	1,410	1,368
Operating Expenses	1,917	1,952	1,706	1,422	1,368
Operating Income	982	946	837	611	342
Interest Expense	-2	-	-	-	-
Interest & Investment Income	4	-	-	-	-
Other Non Operating Income (Expenses)	93	75	36	3	19
EBT Excluding Unusual Items	1,077	1,021	873	614	361
Asset Writedown	-	-	-	-	-9
Other Unusual Items	-	-	-	-	44
Pretax Income	1,077	1,021	873	614	396
Income Tax Expense	312	299	257	172	121
Net Income to Company	765	722	616	442	275
Net Income	765	722	616	442	275
Net Income to Common	765	722	616	442	275
Net Income Growth	5.96%	17.21%	39.37%	60.73%	16.53%
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
Shares Change (YoY)	-0.64%	-0.36%	4.36%	-2.27%	-1.02%
EPS (Basic)	193.05	181.35	155.49	116.22	69.46
EPS (Diluted)	191.37	179.45	152.55	114.23	69.46
EPS Growth	6.64%	17.63%	33.55%	64.46%	17.72%
Free Cash Flow	800	933	544	595	-
Free Cash Flow Per Share	200.13	231.89	134.72	153.77	-
Gross Margin	23.99%	25.85%	25.73%	24.42%	23.61%
Operating Margin	8.13%	8.44%	8.47%	7.34%	4.72%
Profit Margin	6.33%	6.44%	6.23%	5.31%	3.80%
Free Cash Flow Margin	6.62%	8.32%	5.50%	7.15%	-
EBITDA	998	963	851	625	-
EBITDA Margin	8.26%	8.59%	8.61%	7.51%	-
D&A For EBITDA	16	17	14	14	-
EBIT	982	946	837	611	342
EBIT Margin	8.13%	8.44%	8.47%	7.34%	4.72%
Effective Tax Rate	28.97%	29.29%	29.44%	28.01%	30.55%

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