Space Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	71,511	64,182	52,793	46,707	42,408
Revenue Growth (YoY)	11.42%	21.57%	13.03%	10.14%	5.95%
Cost of Revenue	63,243	57,106	46,687	41,890	37,625
Gross Profit	8,268	7,076	6,106	4,817	4,783
Selling, General & Admin	3,456	3,583	3,103	2,719	2,556
Operating Expenses	3,437	3,599	3,531	2,720	2,555
Operating Income	4,831	3,477	2,575	2,097	2,228
Interest Expense	-6	-5	-4	-4	-4
Interest & Investment Income	42	32	32	22	16
Currency Exchange Gain (Loss)	-	10	6	1	8
Other Non Operating Income (Expenses)	9	31	6	10	16
EBT Excluding Unusual Items	4,876	3,545	2,615	2,126	2,264
Gain (Loss) on Sale of Investments	71	-4	123	-	6
Other Unusual Items	103	-	-	-	-
Pretax Income	5,050	3,541	2,738	2,126	2,270
Income Tax Expense	1,270	977	1,037	717	755
Earnings From Continuing Operations	3,780	2,564	1,701	1,409	1,515
Minority Interest in Earnings	-10	-10	-16	-15	-1
Net Income	3,770	2,554	1,685	1,394	1,514
Net Income to Common	3,770	2,554	1,685	1,394	1,514
Net Income Growth	47.61%	51.57%	20.88%	-7.93%	37.14%
Shares Outstanding (Basic)	25	25	25	25	25
Shares Outstanding (Diluted)	25	25	25	25	25
Shares Change (YoY)	0.09%	-0.03%	-0.31%	-0.46%	2.02%
EPS (Basic)	153.74	104.24	68.75	56.70	61.30
EPS (Diluted)	153.74	104.24	68.75	56.70	61.30
EPS Growth	47.48%	51.62%	21.25%	-7.50%	34.42%
Free Cash Flow	2,507	1,753	764	-74	2,266
Free Cash Flow Per Share	102.24	71.55	31.17	-3.01	91.75
Dividend Per Share	70.000	50.000	36.000	36.000	36.000
Dividend Growth	40.00%	38.89%	-	-	5.88%
Gross Margin	11.56%	11.03%	11.57%	10.31%	11.28%
Operating Margin	6.76%	5.42%	4.88%	4.49%	5.25%
Profit Margin	5.27%	3.98%	3.19%	2.99%	3.57%
Free Cash Flow Margin	3.51%	2.73%	1.45%	-0.16%	5.34%
EBITDA	5,175	3,931	2,954	2,476	2,637
EBITDA Margin	7.24%	6.13%	5.59%	5.30%	6.22%
D&A For EBITDA	344	454	379	379	409
EBIT	4,831	3,477	2,575	2,097	2,228
EBIT Margin	6.76%	5.42%	4.88%	4.49%	5.25%
Effective Tax Rate	25.15%	27.59%	37.87%	33.73%	33.26%

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