Hakuyosha Company 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	44,625	43,580	43,272	39,180	35,131
Revenue Growth (YoY)	2.40%	0.71%	10.44%	11.53%	-10.26%
Cost of Revenue	37,725	36,923	36,638	34,110	32,958
Gross Profit	6,900	6,657	6,634	5,070	2,173
Selling, General & Admin	4,208	4,069	4,568	4,131	4,767
Other Operating Expenses	40	31	33	35	21
Operating Expenses	4,502	4,361	4,818	4,404	5,080
Operating Income	2,398	2,296	1,816	666	-2,907
Interest Expense	-220	-203	-183	-187	-211
Interest & Investment Income	37	45	42	53	40
Earnings From Equity Investments	65	100	100	12	-14
Currency Exchange Gain (Loss)	14	-6	19	159	41
Other Non Operating Income (Expenses)	304	268	355	654	873
EBT Excluding Unusual Items	2,598	2,500	2,149	1,357	-2,178
Gain (Loss) on Sale of Investments	9	454	3	-8	159
Gain (Loss) on Sale of Assets	-41	-24	-46	1,042	1,581
Asset Writedown	-	-	-88	-80	-181
Other Unusual Items	1	-	-1	-1	-308
Pretax Income	2,567	2,930	2,017	2,310	-927
Income Tax Expense	400	672	66	698	434
Earnings From Continuing Operations	2,167	2,258	1,951	1,612	-1,361
Minority Interest in Earnings	-34	-43	-6	76	112
Net Income	2,133	2,215	1,945	1,688	-1,249
Net Income to Common	2,133	2,215	1,945	1,688	-1,249
Net Income Growth	-3.70%	13.88%	15.22%	-	-
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
Shares Change (YoY)	0.07%	0.28%	0.04%	-0.40%	0.03%
EPS (Basic)	562.54	584.57	514.75	446.90	-329.36
EPS (Diluted)	562.54	584.57	514.75	446.90	-329.36
EPS Growth	-3.77%	13.56%	15.18%	-	-
Free Cash Flow	2,015	2,162	980	1,000	-253
Free Cash Flow Per Share	531.42	570.58	259.36	264.75	-66.72
Dividend Per Share	-	60.000	40.000	10.000	-
Dividend Growth	-	50.00%	300.00%	-	-
Gross Margin	15.46%	15.28%	15.33%	12.94%	6.19%
Operating Margin	5.37%	5.27%	4.20%	1.70%	-8.28%
Profit Margin	4.78%	5.08%	4.50%	4.31%	-3.55%
Free Cash Flow Margin	4.52%	4.96%	2.27%	2.55%	-0.72%
EBITDA	3,626	3,503	3,100	2,062	-1,350
EBITDA Margin	8.13%	8.04%	7.16%	5.26%	-3.84%
D&A For EBITDA	1,228	1,207	1,284	1,396	1,557
EBIT	2,398	2,296	1,816	666	-2,907
EBIT Margin	5.37%	5.27%	4.20%	1.70%	-8.28%
Effective Tax Rate	15.58%	22.93%	3.27%	30.22%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.