TYO:9647 Income Statement

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	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	8,399	8,441	8,061	7,679	7,744	7,329
Revenue Growth (YoY)	2.95%	4.71%	4.98%	-0.84%	5.66%	10.83%
Cost of Revenue	6,170	6,249	5,992	5,738	5,897	5,563
Gross Profit	2,229	2,192	2,069	1,941	1,847	1,766
Selling, General & Admin	1,264	1,275	1,307	1,309	1,301	1,287
Operating Expenses	1,264	1,275	1,307	1,309	1,301	1,287
Operating Income	965	917	762	632	546	479
Interest Expense	-24	-22	-21	-24	-27	-31
Interest & Investment Income	6	4	2	1	1	1
Other Non Operating Income (Expenses)	27	26	14	45	28	12
EBT Excluding Unusual Items	974	925	757	654	548	461
Pretax Income	974	925	757	654	548	461
Income Tax Expense	345	323	245	244	204	181
Earnings From Continuing Operations	629	602	512	410	344	280
Minority Interest in Earnings	6	8	-	-8	-20	-11
Net Income	635	610	512	402	324	269
Net Income to Common	635	610	512	402	324	269
Net Income Growth	25.49%	19.14%	27.36%	24.07%	20.45%	54.60%
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
Shares Change (YoY)	-0.03%	-	-	-	-	-
EPS (Basic)	1087.33	1044.52	876.71	688.36	554.79	460.62
EPS (Diluted)	1087.33	1044.52	876.71	688.36	554.79	460.62
EPS Growth	25.54%	19.14%	27.36%	24.07%	20.45%	54.60%
Free Cash Flow	-	789	390	591	555	310
Free Cash Flow Per Share	-	1351.03	667.81	1011.99	950.34	530.82
Dividend Per Share	30.000	30.000	30.000	30.000	30.000	30.000
Gross Margin	26.54%	25.97%	25.67%	25.28%	23.85%	24.10%
Operating Margin	11.49%	10.86%	9.45%	8.23%	7.05%	6.54%
Profit Margin	7.56%	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	1,038	990	835	707	618	559
EBITDA Margin	12.36%	11.73%	10.36%	9.21%	7.98%	7.63%
D&A For EBITDA	73	73	73	75	72	80
EBIT	965	917	762	632	546	479
EBIT Margin	11.49%	10.86%	9.45%	8.23%	7.05%	6.54%
Effective Tax Rate	35.42%	34.92%	32.37%	37.31%	37.23%	39.26%

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.