Maruken Lease Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	25,672	22,807	21,325	20,101	19,103	20,032
Revenue Growth (YoY)	14.54%	6.95%	6.09%	5.22%	-4.64%	-6.40%
Cost of Revenue	20,945	18,487	17,433	16,513	15,754	16,975
Gross Profit	4,727	4,320	3,892	3,588	3,349	3,057
Selling, General & Admin	3,216	2,798	2,547	2,427	2,281	2,331
Operating Expenses	3,216	2,805	2,565	2,421	2,277	2,299
Operating Income	1,511	1,515	1,327	1,167	1,072	758
Interest Expense	-72	-40	-28	-30	-36	-46
Interest & Investment Income	48	50	42	39	38	27
Earnings From Equity Investments	400	120	169	272	229	381
Other Non Operating Income (Expenses)	98	76	72	50	54	69
EBT Excluding Unusual Items	1,985	1,721	1,582	1,498	1,357	1,189
Gain (Loss) on Sale of Assets	-	-	-2	-19	7	-
Pretax Income	1,985	1,721	1,580	1,479	1,364	1,189
Income Tax Expense	624	519	415	391	362	288
Earnings From Continuing Operations	1,361	1,202	1,165	1,088	1,002	901
Minority Interest in Earnings	-2	16	-4	23	1	10
Net Income	1,359	1,218	1,161	1,111	1,003	911
Net Income to Common	1,359	1,218	1,161	1,111	1,003	911
Net Income Growth	7.43%	4.91%	4.50%	10.77%	10.10%	16.64%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	-0.01%	-0.01%	-1.29%	-3.55%	-0.01%	-0.01%
EPS (Basic)	142.78	127.95	121.96	115.20	100.31	91.11
EPS (Diluted)	142.78	127.95	121.96	115.20	100.31	91.11
EPS Growth	7.44%	4.92%	5.86%	14.84%	10.10%	16.65%
Free Cash Flow	-	-115	167	1,140	894	2,080
Free Cash Flow Per Share	-	-12.08	17.54	118.21	89.41	208.02
Dividend Per Share	49.333	46.667	38.333	33.333	26.667	26.667
Dividend Growth	13.85%	21.74%	15.00%	25.00%	-	14.29%
Gross Margin	18.41%	18.94%	18.25%	17.85%	17.53%	15.26%
Operating Margin	5.89%	6.64%	6.22%	5.81%	5.61%	3.78%
Profit Margin	5.29%	5.34%	5.44%	5.53%	5.25%	4.55%
Free Cash Flow Margin	-	-0.50%	0.78%	5.67%	4.68%	10.38%
EBITDA	1,699	1,692	1,489	1,349	1,286	985
EBITDA Margin	6.62%	7.42%	6.98%	6.71%	6.73%	4.92%
D&A For EBITDA	188.25	177	162	182	214	227
EBIT	1,511	1,515	1,327	1,167	1,072	758
EBIT Margin	5.89%	6.64%	6.22%	5.81%	5.61%	3.78%
Effective Tax Rate	31.44%	30.16%	26.27%	26.44%	26.54%	24.22%

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