329A — Zeal Associate Income Statement

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Consumer CyclicalsHighly SpeculativeMicro Cap

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

	2023 August 31st	2024 August 31st	2025 August 31st
Period Length:	12 M	12 M	12 M
Source:	ARS	ARS	Tanshin
Standards:	JAS	JAS	—
Status:	Final	Final	Final
Revenue
Total Revenue	1,989	2,619	2,843
Cost of Revenue
Gross Profit	724	816	876
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	2,031	2,576	2,760
Operating Profit	-41.5	42.4	82.9
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	20.8	67.4	79.8
Provision for Income Taxes
Net Income After Taxes	20.3	44.9	56.6
Net Income Before Extraordinary Items
Net Income	20.3	44.9	56.6
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	20.3	44.9	56.6
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	198	155	198
Dividends per Share