NSD Co., Ltd. (TYO:9759)

NSD Co., Ltd. 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	112,346	107,791	101,263	77,982	71,188	66,184
Revenue Growth (YoY)	9.10%	6.45%	29.85%	9.54%	7.56%	1.72%
Cost of Revenue	84,344	80,257	76,302	60,432	55,351	52,146
Gross Profit	28,002	27,534	24,961	17,550	15,837	14,038
Selling, General & Admin	7,991	8,017	7,414	4,678	4,125	3,953
Research & Development	440	501	236	190	184	118
Amortization of Goodwill & Intangibles	1,353	1,454	1,283	-	-	-
Other Operating Expenses	-41	30	31	30	30	29
Operating Expenses	10,441	10,684	9,781	5,025	4,422	4,195
Operating Income	17,561	16,850	15,180	12,525	11,415	9,843
Interest Expense	-23	-26	-22	-7	-9	-12
Interest & Investment Income	100	70	42	40	32	32
Earnings From Equity Investments	-	-	-	-15	71	-18
Currency Exchange Gain (Loss)	-	-	-22	-	-	-
Other Non Operating Income (Expenses)	160	143	161	119	144	109
EBT Excluding Unusual Items	17,798	17,037	15,339	12,662	11,653	9,954
Gain (Loss) on Sale of Investments	96	49	40	2,124	-35	-
Gain (Loss) on Sale of Assets	-	-	-5	-	-	-
Asset Writedown	-1	-9	-	-23	-16	-275
Other Unusual Items	3	2	-	1	-1	-200
Pretax Income	17,896	17,079	15,374	14,764	11,601	9,479
Income Tax Expense	5,509	5,150	4,886	4,439	3,698	3,063
Earnings From Continuing Operations	12,387	11,929	10,488	10,325	7,903	6,416
Minority Interest in Earnings	-120	-134	-226	-106	-80	-43
Net Income	12,267	11,795	10,262	10,219	7,823	6,373
Net Income to Common	12,267	11,795	10,262	10,219	7,823	6,373
Net Income Growth	14.03%	14.94%	0.42%	30.63%	22.75%	0.93%
Shares Outstanding (Basic)	77	77	77	77	79	80
Shares Outstanding (Diluted)	77	77	77	77	79	80
Shares Change (YoY)	-0.55%	-0.28%	-0.32%	-1.90%	-1.05%	-1.44%
EPS (Basic)	160.21	153.61	133.28	132.30	99.36	80.09
EPS (Diluted)	160.21	153.61	133.28	132.30	99.36	80.09
EPS Growth	14.66%	15.25%	0.74%	33.16%	24.06%	2.40%
Free Cash Flow	12,942	11,709	11,900	9,952	6,969	7,910
Free Cash Flow Per Share	169.03	152.49	154.54	128.84	88.51	99.40
Dividend Per Share	87.000	87.000	72.000	67.000	52.000	42.000
Dividend Growth	20.83%	20.83%	7.46%	28.85%	23.81%	31.25%
Gross Margin	24.93%	25.54%	24.65%	22.50%	22.25%	21.21%
Operating Margin	15.63%	15.63%	14.99%	16.06%	16.04%	14.87%
Profit Margin	10.92%	10.94%	10.13%	13.10%	10.99%	9.63%
Free Cash Flow Margin	11.52%	10.86%	11.75%	12.76%	9.79%	11.95%
EBITDA	20,090	19,471	17,750	13,351	12,156	10,509
EBITDA Margin	17.88%	18.06%	17.53%	17.12%	17.08%	15.88%
D&A For EBITDA	2,529	2,621	2,570	826	741	666
EBIT	17,561	16,850	15,180	12,525	11,415	9,843
EBIT Margin	15.63%	15.63%	14.99%	16.06%	16.04%	14.87%
Effective Tax Rate	30.78%	30.15%	31.78%	30.07%	31.88%	32.31%

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