3931 — VALUE GOLF Income Statement

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

	2021 January 31st	2022 January 31st	2023 January 31st	2024 January 31st	2025 January 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	Yuho	Yuho/A	Yuho	Yuho	Tanshin
Standards:	JAS	JAS	JAS	JAS	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	4,470	4,284	4,444	3,656	4,128
Cost of Revenue
Gross Profit	1,341	1,506	1,484	1,299	1,470
Selling / General / Administrative Expenses
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	4,438	4,068	4,253	3,595	4,071
Operating Profit	32.2	215	191	61.7	56.2
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	41.6	189	163	49.5	40.4
Provision for Income Taxes
Net Income After Taxes	-32.2	124	115	22.7	2.43
Net Income Before Extraordinary Items
Net Income	-32.2	124	115	22.7	2.43
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-32.2	124	115	22.7	2.43
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	26.6	66.2	80.5	12.6	29
Dividends per Share
Special Dividends per Share