168A — Itamiarts Income Statement

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Consumer CyclicalsHighly SpeculativeMicro CapValue Trap

Annual income statement for Itamiarts, fiscal year end - January 31st, JPY millions except per share, conversion factor applied.

	2022 January 31st	2023 January 31st	2024 January 31st	2025 January 31st	2026 January 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	PROSPECTUS	PROSPECTUS	Yuho	Yuho	Tanshin
Standards:	JAS	JAS	JAS	JAS	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	2,107	2,507	3,112	3,606	4,761
Cost of Revenue
Gross Profit	814	982	1,207	1,471	1,714
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	2,113	2,396	2,919	3,335	4,559
Operating Profit	-5.95	111	193	271	203
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	16.9	134	224	246	213
Provision for Income Taxes
Net Income After Taxes	15	91.8	153	165	151
Net Income Before Extraordinary Items
Net Income	15	91.8	153	165	151
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Dilution Adjustment
Diluted Net Income	15	91.8	153	165	151
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	9.3	61.4	103	116	107
Dividends per Share