Ecology and Combustion Income Statement

Financials in millions JPY. Fiscal year is August - July.

Millions JPY. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Apr '25 Apr 30, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021	Jul '20 Jul 31, 2020	2016 - 2020
Revenue	2,714	2,465	2,381	1,501	1,758	1,597	Upgrade
Revenue Growth (YoY)	32.13%	3.53%	58.63%	-14.62%	10.08%	-36.38%	Upgrade
Cost of Revenue	1,786	1,696	1,739	1,041	1,253	1,050	Upgrade
Gross Profit	928	769	642	460	505	546.6	Upgrade
Selling, General & Admin	449	420	374	344	350	-	Upgrade
Research & Development	-	-	-	6	12	-	Upgrade
Other Operating Expenses	-	-	-	-	-	388.16	Upgrade
Operating Expenses	489	458	399	361	375	388.16	Upgrade
Operating Income	439	311	243	99	130	158.44	Upgrade
Currency Exchange Gain (Loss)	-	-	-	2	-	-	Upgrade
Other Non Operating Income (Expenses)	2	-10	-15	5	5	43.21	Upgrade
EBT Excluding Unusual Items	441	301	228	106	135	201.65	Upgrade
Gain (Loss) on Sale of Assets	1	1	92	-	-	-	Upgrade
Other Unusual Items	5	5	70	50	65	-	Upgrade
Pretax Income	447	307	390	156	200	201.65	Upgrade
Income Tax Expense	147	97	113	55	51	60.17	Upgrade
Net Income to Company	-	210	277	101	149	-	Upgrade
Net Income	300	210	277	101	149	141.48	Upgrade
Net Income to Common	300	210	277	101	149	141.48	Upgrade
Net Income Growth	138.09%	-24.19%	174.26%	-32.21%	5.32%	-49.41%	Upgrade
Shares Outstanding (Basic)	2	2	1	1	1	-	Upgrade
Shares Outstanding (Diluted)	2	2	1	1	1	-	Upgrade
Shares Change (YoY)	14.28%	106.48%	0.46%	-3.71%	-	-	Upgrade
EPS (Basic)	164.38	115.07	313.39	114.80	163.07	-	Upgrade
EPS (Diluted)	164.38	115.07	313.39	114.80	163.07	-	Upgrade
EPS Growth	108.34%	-63.28%	172.99%	-29.60%	-	-	Upgrade
Free Cash Flow	-	-199	152	-	-	-	Upgrade
Free Cash Flow Per Share	-	-109.04	171.97	-	-	-	Upgrade
Gross Margin	34.19%	31.20%	26.96%	30.65%	28.73%	34.23%	Upgrade
Operating Margin	16.18%	12.62%	10.21%	6.60%	7.40%	9.92%	Upgrade
Profit Margin	11.05%	8.52%	11.63%	6.73%	8.48%	8.86%	Upgrade
Free Cash Flow Margin	-	-8.07%	6.38%	-	-	-	Upgrade
EBITDA	488.5	377	331	110	143	-	Upgrade
EBITDA Margin	18.00%	15.29%	13.90%	7.33%	8.13%	-	Upgrade
D&A For EBITDA	49.5	66	88	11	13	-	Upgrade
EBIT	439	311	243	99	130	158.44	Upgrade
EBIT Margin	16.18%	12.62%	10.21%	6.60%	7.40%	9.92%	Upgrade
Effective Tax Rate	32.89%	31.60%	28.97%	35.26%	25.50%	-	Upgrade

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.