Satoh & 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	Sep '25 Sep 30, 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	49,861	49,137	47,606	43,667	38,851	43,609
Revenue Growth (YoY)	2.66%	3.22%	9.02%	12.40%	-10.91%	-12.01%
Cost of Revenue	38,792	38,168	37,061	33,931	30,089	35,016
Gross Profit	11,069	10,969	10,545	9,736	8,762	8,593
Selling, General & Admin	9,019	8,918	8,664	8,174	7,585	7,417
Operating Expenses	9,402	9,301	9,017	8,495	7,906	7,749
Operating Income	1,667	1,668	1,528	1,241	856	844
Interest Expense	-4	-3	-1	-1	-2	-1
Interest & Investment Income	178	152	115	90	93	108
Earnings From Equity Investments	19	23	24	31	11	14
Other Non Operating Income (Expenses)	87	104	90	-8	46	115
EBT Excluding Unusual Items	1,947	1,944	1,756	1,353	1,004	1,080
Gain (Loss) on Sale of Investments	-	-	1	-	19	36
Gain (Loss) on Sale of Assets	-	-	-	-	-	44
Asset Writedown	-5	-3	-3	-7	-49	-40
Other Unusual Items	-	-	-	-	-83	-16
Pretax Income	1,942	1,941	1,754	1,346	891	1,104
Income Tax Expense	631	626	527	378	263	529
Net Income	1,311	1,315	1,227	968	628	575
Net Income to Common	1,311	1,315	1,227	968	628	575
Net Income Growth	1.00%	7.17%	26.76%	54.14%	9.22%	-44.55%
Shares Outstanding (Basic)	8	8	8	8	9	9
Shares Outstanding (Diluted)	8	8	8	8	9	9
Shares Change (YoY)	-	-	-	-5.25%	-1.54%	-
EPS (Basic)	157.19	157.67	147.12	116.07	71.35	64.32
EPS (Diluted)	157.19	157.67	147.12	116.07	71.35	64.32
EPS Growth	1.00%	7.17%	26.76%	62.68%	10.93%	-44.55%
Free Cash Flow	1,033	-1,067	3,196	621	249	762
Free Cash Flow Per Share	123.86	-127.94	383.21	74.46	28.29	85.23
Dividend Per Share	46.000	45.000	40.000	31.000	30.000	30.000
Dividend Growth	9.52%	12.50%	29.03%	3.33%	-	-
Gross Margin	22.20%	22.32%	22.15%	22.30%	22.55%	19.71%
Operating Margin	3.34%	3.40%	3.21%	2.84%	2.20%	1.93%
Profit Margin	2.63%	2.68%	2.58%	2.22%	1.62%	1.32%
Free Cash Flow Margin	2.07%	-2.17%	6.71%	1.42%	0.64%	1.75%
EBITDA	2,078	2,093	1,906	1,568	1,184	1,182
EBITDA Margin	4.17%	4.26%	4.00%	3.59%	3.05%	2.71%
D&A For EBITDA	411	425	378	327	328	338
EBIT	1,667	1,668	1,528	1,241	856	844
EBIT Margin	3.34%	3.39%	3.21%	2.84%	2.20%	1.93%
Effective Tax Rate	32.49%	32.25%	30.05%	28.08%	29.52%	47.92%

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