TYO:9647 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	8,441	8,061	7,679	7,744	7,329
Revenue Growth (YoY)	4.71%	4.98%	-0.84%	5.66%	10.83%
Cost of Revenue	6,249	5,992	5,738	5,897	5,563
Gross Profit	2,192	2,069	1,941	1,847	1,766
Selling, General & Admin	1,275	1,307	1,309	1,301	1,287
Operating Expenses	1,275	1,307	1,309	1,301	1,287
Operating Income	917	762	632	546	479
Interest Expense	-22	-21	-24	-27	-31
Interest & Investment Income	4	2	1	1	1
Other Non Operating Income (Expenses)	26	14	45	28	12
EBT Excluding Unusual Items	925	757	654	548	461
Pretax Income	925	757	654	548	461
Income Tax Expense	323	245	244	204	181
Earnings From Continuing Operations	602	512	410	344	280
Minority Interest in Earnings	8	-	-8	-20	-11
Net Income	610	512	402	324	269
Net Income to Common	610	512	402	324	269
Net Income Growth	19.14%	27.36%	24.07%	20.45%	54.60%
Shares Outstanding (Basic)	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1
Shares Change (YoY)	0.13%	-	-	-	-
EPS (Basic)	1043.17	876.71	688.36	554.79	460.62
EPS (Diluted)	1043.17	876.71	688.36	554.79	460.62
EPS Growth	18.99%	27.36%	24.07%	20.45%	54.60%
Free Cash Flow	789	390	591	555	310
Free Cash Flow Per Share	1349.28	667.81	1011.99	950.34	530.82
Dividend Per Share	30.000	30.000	30.000	30.000	30.000
Gross Margin	25.97%	25.67%	25.28%	23.85%	24.10%
Operating Margin	10.86%	9.45%	8.23%	7.05%	6.54%
Profit Margin	7.23%	6.35%	5.24%	4.18%	3.67%
Free Cash Flow Margin	9.35%	4.84%	7.70%	7.17%	4.23%
EBITDA	990	835	707	618	559
EBITDA Margin	11.73%	10.36%	9.21%	7.98%	7.63%
D&A For EBITDA	73	73	75	72	80
EBIT	917	762	632	546	479
EBIT Margin	10.86%	9.45%	8.23%	7.05%	6.54%
Effective Tax Rate	34.92%	32.37%	37.31%	37.23%	39.26%

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