TYO:9828 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	69,833	67,472	61,838	54,614	44,607	38,252
Revenue Growth (YoY)	5.83%	9.11%	13.23%	22.43%	16.61%	-11.93%
Cost of Revenue	29,389	27,249	25,440	23,550	18,954	15,627
Gross Profit	40,444	40,223	36,398	31,064	25,653	22,625
Selling, General & Admin	35,074	33,430	31,481	29,327	25,388	23,077
Other Operating Expenses	-	-	-	-	-	1
Operating Expenses	35,074	33,430	31,461	29,327	25,388	23,078
Operating Income	5,370	6,793	4,937	1,737	265	-453
Interest Expense	-56	-69	-87	-92	-93	-91
Interest & Investment Income	78	73	64	44	31	29
Other Non Operating Income (Expenses)	257	143	166	70	41	95
EBT Excluding Unusual Items	5,649	6,940	5,080	1,759	244	-420
Gain (Loss) on Sale of Investments	661	-	-	-	-	-169
Gain (Loss) on Sale of Assets	-	-6	-	-	-6	-
Asset Writedown	-341	-273	-297	-471	-561	-564
Other Unusual Items	-12	-20	-4	272	1,978	576
Pretax Income	5,957	6,641	4,779	1,560	1,655	-577
Income Tax Expense	1,235	1,681	1,517	547	354	-134
Net Income	4,722	4,960	3,262	1,013	1,301	-443
Net Income to Common	4,722	4,960	3,262	1,013	1,301	-443
Net Income Growth	7.32%	52.05%	222.01%	-22.14%	-	-
Shares Outstanding (Basic)	18	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18	18
Shares Change (YoY)	0.00%	0.01%	0.01%	-	-	-
EPS (Basic)	267.42	280.91	184.75	57.38	73.69	-25.09
EPS (Diluted)	267.42	280.91	184.75	57.38	73.69	-25.09
EPS Growth	7.32%	52.04%	221.98%	-22.14%	-	-
Free Cash Flow	1,397	4,923	5,121	2,840	2,807	218
Free Cash Flow Per Share	79.11	278.81	290.04	160.87	159.00	12.35
Dividend Per Share	40.000	70.000	60.000	7.500	10.000	5.000
Dividend Growth	-50.00%	16.67%	700.00%	-25.00%	100.00%	-33.33%
Gross Margin	57.92%	59.61%	58.86%	56.88%	57.51%	59.15%
Operating Margin	7.69%	10.07%	7.98%	3.18%	0.59%	-1.18%
Profit Margin	6.76%	7.35%	5.27%	1.85%	2.92%	-1.16%
Free Cash Flow Margin	2.00%	7.30%	8.28%	5.20%	6.29%	0.57%
EBITDA	7,266	8,712	6,936	3,747	2,212	1,438
EBITDA Margin	10.41%	12.91%	11.22%	6.86%	4.96%	3.76%
D&A For EBITDA	1,896	1,919	1,999	2,010	1,947	1,891
EBIT	5,370	6,793	4,937	1,737	265	-453
EBIT Margin	7.69%	10.07%	7.98%	3.18%	0.59%	-1.18%
Effective Tax Rate	20.73%	25.31%	31.74%	35.06%	21.39%	-

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