Musashino Kogyo Co., Ltd. (TYO:9635)

Musashino Kogyo Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	1,339	1,364	1,282	1,379	1,290	1,232
Revenue Growth (YoY)	1.59%	6.40%	-7.03%	6.90%	4.71%	-18.52%
Cost of Revenue	647	684	649	645	603	567
Gross Profit	692	680	633	734	687	665
Selling, General & Admin	618	593	597	667	593	580
Operating Expenses	636	611	612	682	607	593
Operating Income	56	69	21	52	80	72
Interest Expense	-2	-2	-2	-2	-3	-2
Interest & Investment Income	1	2	1	-	-	4
Earnings From Equity Investments	28	13	-1	-27	-12	11
Other Non Operating Income (Expenses)	5	3	-2	2	-1	1
EBT Excluding Unusual Items	88	85	17	25	64	86
Gain (Loss) on Sale of Investments	376	-	-	-	-	-
Asset Writedown	-4	-4	-	-1	-	-247
Other Unusual Items	-	-	-1	10	14	-21
Pretax Income	460	81	16	34	78	-182
Income Tax Expense	89	17	12	-6	28	34
Net Income	371	64	4	40	50	-216
Net Income to Common	371	64	4	40	50	-216
Net Income Growth	930.56%	1500.00%	-90.00%	-20.00%	-	-
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
Shares Change (YoY)	-0.02%	-0.01%	-0.00%	-0.00%	-0.00%	-0.00%
EPS (Basic)	354.62	61.17	3.82	38.23	47.78	-206.41
EPS (Diluted)	354.62	61.17	3.82	38.23	47.78	-206.41
EPS Growth	930.72%	1500.13%	-90.00%	-20.00%	-	-
Free Cash Flow	-55	131	26	49	13	-112
Free Cash Flow Per Share	-52.57	125.20	24.85	46.83	12.42	-107.03
Gross Margin	51.68%	49.85%	49.38%	53.23%	53.26%	53.98%
Operating Margin	4.18%	5.06%	1.64%	3.77%	6.20%	5.84%
Profit Margin	27.71%	4.69%	0.31%	2.90%	3.88%	-17.53%
Free Cash Flow Margin	-4.11%	9.60%	2.03%	3.55%	1.01%	-9.09%
EBITDA	133	138	89	118	142	170
EBITDA Margin	9.93%	10.12%	6.94%	8.56%	11.01%	13.80%
D&A For EBITDA	77	69	68	66	62	98
EBIT	56	69	21	52	80	72
EBIT Margin	4.18%	5.06%	1.64%	3.77%	6.20%	5.84%
Effective Tax Rate	19.35%	20.99%	75.00%	-	35.90%	-

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