156A — Material Income Statement

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Consumer CyclicalsHighly SpeculativeMicro CapContrarian

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

	2022 August 31st	2023 August 31st	2024 August 31st
Period Length:	12 M	12 M	12 M
Source:	PROSPECTUS	PROSPECTUS	Yuho
Standards:	JAS	JAS	JAS
Status:	Final	Final	Final
Revenue
Total Revenue	4,178	4,656	5,282
Cost of Revenue
Gross Profit	2,507	2,835	3,194
Selling / General / Administrative Expenses
Research And Development
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	3,755	4,021	4,425
Operating Profit	423	635	856
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	404	617	815
Provision for Income Taxes
Net Income After Taxes	80.5	438	710
Minority Interest
Net Income Before Extraordinary Items
Net Income	208	438	710
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	208	438	710
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	24.5	54.2	72.4
Dividends per Share