INES Corporation Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	36,616	40,563	40,557	42,404	40,033
Revenue Growth (YoY)	-9.73%	0.01%	-4.36%	5.92%	-3.70%
Cost of Revenue	31,253	30,847	30,827	32,306	31,556
Gross Profit	5,363	9,716	9,730	10,098	8,477
Selling, General & Admin	6,010	5,913	6,425	5,607	5,190
Research & Development	-	266	426	689	1,324
Operating Expenses	6,010	6,179	6,851	6,296	6,514
Operating Income	-647	3,537	2,879	3,802	1,963
Interest Expense	-55	-40	-11	-	-
Interest & Investment Income	102	88	79	62	68
Other Non Operating Income (Expenses)	139	22	-215	17	29
EBT Excluding Unusual Items	-461	3,607	2,732	3,881	2,060
Gain (Loss) on Sale of Investments	-76	-	23	-	-72
Gain (Loss) on Sale of Assets	6	18	-	-	-
Asset Writedown	-1,114	-21	-19	-181	-7
Other Unusual Items	-	-93	-64	-1	-55
Pretax Income	-1,645	3,511	2,672	3,699	1,926
Income Tax Expense	198	1,075	877	1,158	626
Net Income	-1,843	2,436	1,795	2,541	1,300
Net Income to Common	-1,843	2,436	1,795	2,541	1,300
Net Income Growth	-	35.71%	-29.36%	95.46%	-9.22%
Shares Outstanding (Basic)	21	21	21	21	23
Shares Outstanding (Diluted)	21	21	21	21	23
Shares Change (YoY)	0.04%	-	0.04%	-8.49%	-4.55%
EPS (Basic)	-88.56	117.10	86.29	122.20	57.21
EPS (Diluted)	-88.56	117.10	86.29	122.20	57.21
EPS Growth	-	35.71%	-29.39%	113.59%	-4.89%
Free Cash Flow	3,164	46	-7,484	1,367	5,687
Free Cash Flow Per Share	152.03	2.21	-359.77	65.74	250.28
Dividend Per Share	-	55.000	50.000	45.000	40.000
Dividend Growth	-	10.00%	11.11%	12.50%	-
Gross Margin	14.65%	23.95%	23.99%	23.81%	21.18%
Operating Margin	-1.77%	8.72%	7.10%	8.97%	4.90%
Profit Margin	-5.03%	6.00%	4.43%	5.99%	3.25%
Free Cash Flow Margin	8.64%	0.11%	-18.45%	3.22%	14.21%
EBITDA	1,197	5,454	4,872	5,854	4,912
EBITDA Margin	3.27%	13.45%	12.01%	13.80%	12.27%
D&A For EBITDA	1,844	1,917	1,993	2,052	2,949
EBIT	-647	3,537	2,879	3,802	1,963
EBIT Margin	-1.77%	8.72%	7.10%	8.97%	4.90%
Effective Tax Rate	-	30.62%	32.82%	31.31%	32.50%
Advertising Expenses	-	205	358	168	219

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