Income Statement

Revenue

+7%

+26%

10Y

Currency: JPY

	Jun-2004	Sep-2004	Dec-2004	Jun-2005	Sep-2005	Dec-2005	Jun-2006	Sep-2006	Dec-2006	Jun-2007	Sep-2007	Dec-2007	Jun-2008	Sep-2008	Dec-2008	Jun-2009	Sep-2009	Dec-2009	Jun-2010	Sep-2010	Dec-2010	Mar-2011	Jun-2011	Sep-2011	Dec-2011	Mar-2012	Jun-2012	Sep-2012	Dec-2012	Mar-2013	Jun-2013	Sep-2013	Dec-2013	Mar-2014	Jun-2014	Sep-2014	Dec-2014	Mar-2015	Jun-2015	Sep-2015	Dec-2015	Mar-2016	Jun-2016	Sep-2016	Dec-2016	Mar-2017	Jun-2017	Sep-2017	Dec-2017	Mar-2018	Jun-2018	Sep-2018	Dec-2018	Mar-2019	Jun-2019	Sep-2019	Dec-2019	Mar-2020	Jun-2020	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023	Mar-2024	Jun-2024	Sep-2024	Dec-2024	Mar-2025	Jun-2025	Sep-2025	Dec-2025
Revenue
Interest Expense	152	0	0	180	0	0	168	0	0	216	0	0	183	0	0	163	0	0	147	293	433	609	568	549	543	542	531	527	516	516	504	494	488	465	439	439	444	472	471	461	439	418	387	388	382	400	386	383	386	403	401	421	433	422	382	338	300	309	299	291	286	271	247	247	252	270	306	418	566	674	732	708	628	572	584	641	702	766	0	0	0
Revenue	163 167 N/A	170 292 +4%	176 762 +4%	182 773 +3%	184 893 +1%	184 467 0%	177 297 -4%	171 635 -3%	171 220 0%	174 545 +2%	179 341 +3%	181 463 +1%	183 899 +1%	189 325 +3%	185 235 -2%	180 801 -2%	175 283 -3%	176 030 +0%	183 733 +4%	187 891 +2%	199 041 +6%	262 832 +32%	262 839 +0%	263 060 +0%	263 404 +0%	259 399 -2%	259 010 0%	256 223 -1%	255 530 0%	254 124 -1%	252 831 -1%	254 114 +1%	253 831 0%	256 581 +1%	260 350 +1%	267 282 +3%	274 354 +3%	282 575 +3%	291 849 +3%	298 363 +2%	302 978 +2%	303 402 +0%	300 824 -1%	300 922 +0%	306 811 +2%	313 943 +2%	322 629 +3%	330 442 +2%	337 736 +2%	340 119 +1%	344 927 +1%	348 554 +1%	349 994 +0%	351 212 +0%	351 599 +0%	349 700 -1%	349 043 0%	351 356 +1%	348 158 -1%	349 944 +1%	353 271 +1%	349 242 -1%	354 600 +2%	362 711 +2%	370 068 +2%	381 432 +3%	395 502 +4%	407 991 +3%	418 774 +3%	425 173 +2%	424 771 0%	417 116 -2%	412 268 -1%	410 534 0%	413 655 +1%	420 911 +2%	428 949 +2%	436 112 +2%	439 610 +1%	442 699 +1%	446 104 +1%
Gross Profit
Cost of Revenue	(148 330)	(155 567)	(161 752)	(167 366)	(169 093)	(168 405)	(161 711)	(156 130)	(155 531)	(158 857)	(163 672)	(165 790)	(167 549)	(172 410)	(168 812)	(164 046)	(157 903)	(157 559)	(165 312)	(169 773)	(180 212)	(238 553)	(238 502)	(238 977)	(239 234)	(235 363)	(235 258)	(232 646)	(232 391)	(231 250)	(230 049)	(231 595)	(231 911)	(234 687)	(237 992)	(243 590)	(249 925)	(258 166)	(267 932)	(274 672)	(278 975)	(278 462)	(274 507)	(273 955)	(278 982)	(285 468)	(293 390)	(300 610)	(307 493)	(309 525)	(314 193)	(317 859)	(319 240)	(320 639)	(320 900)	(319 284)	(318 181)	(320 089)	(316 725)	(317 295)	(319 377)	(314 880)	(318 961)	(327 097)	(334 624)	(345 981)	(359 529)	(371 615)	(381 263)	(386 603)	(385 591)	(377 812)	(371 964)	(369 658)	(372 936)	(380 028)	(387 414)	(394 230)	(397 500)	(399 796)	(402 801)
Gross Profit	14 837 N/A	14 725 -1%	15 010 +2%	15 407 +3%	15 800 +3%	16 062 +2%	15 586 -3%	15 505 -1%	15 689 +1%	15 688 0%	15 669 0%	15 673 +0%	16 350 +4%	16 915 +3%	16 423 -3%	16 755 +2%	17 380 +4%	18 471 +6%	18 421 0%	18 118 -2%	18 829 +4%	24 279 +29%	24 337 +0%	24 083 -1%	24 170 +0%	24 036 -1%	23 752 -1%	23 577 -1%	23 139 -2%	22 874 -1%	22 782 0%	22 519 -1%	21 920 -3%	21 894 0%	22 358 +2%	23 692 +6%	24 429 +3%	24 409 0%	23 917 -2%	23 691 -1%	24 003 +1%	24 940 +4%	26 317 +6%	26 967 +2%	27 829 +3%	28 475 +2%	29 239 +3%	29 832 +2%	30 243 +1%	30 594 +1%	30 734 +0%	30 695 0%	30 754 +0%	30 573 -1%	30 699 +0%	30 416 -1%	30 862 +1%	31 267 +1%	31 433 +1%	32 649 +4%	33 894 +4%	34 362 +1%	35 639 +4%	35 614 0%	35 444 0%	35 451 +0%	35 973 +1%	36 376 +1%	37 511 +3%	38 570 +3%	39 180 +2%	39 304 +0%	40 304 +3%	40 876 +1%	40 719 0%	40 883 +0%	41 535 +2%	41 882 +1%	42 110 +1%	42 903 +2%	43 303 +1%
Operating Income
Operating Expenses	(12 888)	(12 656)	(12 626)	(13 020)	(13 314)	(13 734)	(13 732)	(13 860)	(13 842)	(13 703)	(13 726)	(13 723)	(14 237)	(14 630)	(14 891)	(14 919)	(15 121)	(15 290)	(15 523)	(15 469)	(15 903)	(21 341)	(21 410)	(21 564)	(21 423)	(21 359)	(21 509)	(21 424)	(21 295)	(21 044)	(20 669)	(20 298)	(20 234)	(19 925)	(19 826)	(20 080)	(20 305)	(20 559)	(20 839)	(20 942)	(20 893)	(21 026)	(21 322)	(21 799)	(22 389)	(22 913)	(23 487)	(23 782)	(24 317)	(24 750)	(25 151)	(25 732)	(25 751)	(25 785)	(26 091)	(26 366)	(26 610)	(27 038)	(27 146)	(27 167)	(27 353)	(27 676)	(27 809)	(28 041)	(28 421)	(28 546)	(28 927)	(29 441)	(29 816)	(30 408)	(30 798)	(31 006)	(31 676)	(31 898)	(31 981)	(32 270)	(32 466)	(32 836)	(33 458)	(34 205)	(34 975)
Selling, General & Administrative	(12 888)	(12 656)	(12 626)	(13 020)	(13 314)	(13 734)	(13 732)	(13 860)	(13 842)	(13 703)	(13 726)	(13 723)	(14 237)	(14 630)	(14 891)	(14 919)	(15 121)	(15 290)	(15 523)	(15 469)	(15 903)	(21 341)	(21 410)	(21 564)	(21 423)	(21 358)	(21 507)	(21 423)	(21 294)	(21 043)	(20 670)	(20 298)	(20 233)	(19 924)	(19 824)	(20 079)	(20 306)	(20 558)	(20 839)	(20 941)	(20 891)	(21 025)	(21 321)	(21 797)	(22 388)	(22 912)	(23 486)	(23 783)	(24 317)	(24 749)	(25 150)	(25 730)	(25 750)	(25 784)	(26 089)	(26 366)	(26 609)	(27 037)	(27 146)	(27 165)	(27 351)	(27 675)	(27 808)	(28 040)	(28 420)	(28 545)	(28 926)	(29 440)	(29 815)	(30 407)	(30 797)	(31 005)	(31 675)	(31 896)	(31 979)	(32 268)	(32 464)	(32 836)	(33 457)	(34 206)	(34 975)
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(1)	(2)	(1)	0	(1)	0	0	(1)	(1)	(2)	(1)	1	(1)	0	0	(2)	(1)	(1)	(2)	(1)	(1)	(1)	1	0	(1)	(1)	0	(2)	(1)	(3)	(1)	0	(1)	0	0	0	(1)	(1)	(1)	(1)	(1)	(1)	(1)	0	(1)	(1)	0	0	(2)	(2)	0	(2)	0	(1)	1	0
Operating Income	1 949 N/A	2 069 +6%	2 384 +15%	2 387 +0%	2 486 +4%	2 328 -6%	1 854 -20%	1 645 -11%	1 847 +12%	1 985 +7%	1 943 -2%	1 950 +0%	2 113 +8%	2 285 +8%	1 532 -33%	1 836 +20%	2 259 +23%	3 181 +41%	2 898 -9%	2 649 -9%	2 926 +10%	2 938 +0%	2 927 0%	2 519 -14%	2 747 +9%	2 677 -3%	2 243 -16%	2 153 -4%	1 844 -14%	1 830 -1%	2 113 +15%	2 221 +5%	1 686 -24%	1 969 +17%	2 532 +29%	3 612 +43%	4 124 +14%	3 850 -7%	3 078 -20%	2 749 -11%	3 110 +13%	3 914 +26%	4 995 +28%	5 168 +3%	5 440 +5%	5 562 +2%	5 752 +3%	6 050 +5%	5 926 -2%	5 844 -1%	5 583 -4%	4 963 -11%	5 003 +1%	4 788 -4%	4 608 -4%	4 050 -12%	4 252 +5%	4 229 -1%	4 287 +1%	5 482 +28%	6 541 +19%	6 686 +2%	7 830 +17%	7 573 -3%	7 023 -7%	6 905 -2%	7 046 +2%	6 935 -2%	7 695 +11%	8 162 +6%	8 382 +3%	8 298 -1%	8 628 +4%	8 978 +4%	8 738 -3%	8 613 -1%	9 069 +5%	9 046 0%	8 652 -4%	8 698 +1%	8 328 -4%
Pre-Tax Income
Interest Income Expense	(236)	(204)	(210)	(189)	(246)	(419)	(399)	(301)	(309)	(324)	(407)	(443)	(453)	(473)	(424)	(406)	(376)	(338)	(323)	(314)	(248)	(726)	(676)	(608)	(596)	(328)	(402)	(439)	(495)	(338)	(240)	(251)	(116)	(35)	(111)	(82)	24	56	346	800	938	941	842	546	414	334	463	476	707	698	589	744	700	760	841	619	555	463	537	689	879	1 036	1 070	1 015	852	937	789	752	1 089	1 139	1 311	1 341	869	630	344	241	610	910	1 325	1 539	1 521
Non-Reccuring Items	(238)	(234)	(245)	(335)	(261)	420	606	536	(335)	(821)	(737)	(622)	(177)	(298)	(255)	(374)	(745)	(1 089)	(1 274)	(1 118)	(747)	(859)	(529)	(378)	(626)	(522)	(421)	(203)	(261)	(282)	(419)	(463)	(722)	(245)	(193)	(198)	375	(186)	(195)	(184)	(144)	351	366	367	326	(692)	(341)	(338)	(364)	(114)	(115)	(208)	(96)	141	146	190	(624)	(1 845)	(1 860)	(1 935)	(1 157)	(223)	(209)	(97)	(120)	(730)	(736)	(736)	(712)	(58)	(59)	(54)	(54)	(61)	(55)	(48)	(40)	(615)	(616)	(618)	(254)
Gain/Loss on Disposition of Assets	(8)	4	(38)	(37)	10	55	54	12	9	10	(3)	(5)	(6)	(7)	(6)	(5)	(5)	(1)	0	2	0	(2)	(2)	(2)	(2)	0	0	0	10	10	0	0	4	149	148	172	164	116	0	100	104	0	0	(77)	(79)	391	0	32	34	5	5	4	4	0	0	5	2	6	5	0	0	(1)	0	0	12	12	0	0	0	17	286	286	286	269	1	70	70	7 540	7 539	7 470	7 470
Total Other Income	716	637	605	618	512	424	456	499	487	566	728	837	806	635	591	627	623	595	667	659	653	803	764	751	684	700	632	649	756	701	872	892	772	712	601	554	608	758	881	745	747	636	599	702	669	702	801	711	711	727	664	688	712	895	954	1 069	1 233	1 103	1 107	1 110	1 049	836	855	1 029	1 029	1 365	1 534	1 257	1 205	985	905	1 036	1 104	1 217	994	879	665	706	716	747	899
Pre-Tax Income	2 183 N/A	2 272 +4%	2 496 +10%	2 444 -2%	2 501 +2%	2 808 +12%	2 571 -8%	2 391 -7%	1 699 -29%	1 416 -17%	1 524 +8%	1 717 +13%	2 283 +33%	2 142 -6%	1 438 -33%	1 678 +17%	1 756 +5%	2 348 +34%	1 968 -16%	1 878 -5%	2 584 +38%	2 154 -17%	2 484 +15%	2 282 -8%	2 207 -3%	2 527 +14%	2 052 -19%	2 160 +5%	1 854 -14%	1 921 +4%	2 326 +21%	2 399 +3%	1 624 -32%	2 550 +57%	2 977 +17%	4 058 +36%	5 295 +30%	4 594 -13%	4 110 -11%	4 210 +2%	4 755 +13%	5 842 +23%	6 802 +16%	6 706 -1%	6 770 +1%	6 297 -7%	6 675 +6%	6 931 +4%	7 014 +1%	7 160 +2%	6 726 -6%	6 191 -8%	6 323 +2%	6 584 +4%	6 549 -1%	5 933 -9%	5 418 -9%	3 956 -27%	4 076 +3%	5 346 +31%	7 312 +37%	8 334 +14%	9 546 +15%	9 520 0%	8 796 -8%	8 489 -3%	8 633 +2%	8 208 -5%	9 277 +13%	10 245 +10%	10 825 +6%	10 907 +1%	10 833 -1%	11 033 +2%	10 022 -9%	9 755 -3%	10 374 +6%	17 587 +70%	17 616 +0%	17 836 +1%	17 964 +1%
Net Income
Tax Provision	(931)	(821)	(861)	(642)	(907)	(1 118)	(1 363)	(1 222)	(689)	(522)	(569)	(890)	(1 126)	(1 121)	(1 180)	(1 328)	(1 521)	(1 325)	(816)	(220)	(630)	(657)	(1 047)	(1 301)	(1 539)	(1 685)	(1 522)	(1 115)	(1 057)	(1 069)	(1 071)	(1 649)	(914)	(883)	(1 080)	(1 270)	(1 610)	(1 749)	(1 815)	(1 667)	(1 909)	(2 042)	(2 043)	(2 144)	(2 140)	(1 714)	(1 854)	(1 909)	(1 957)	(2 040)	(1 898)	(1 777)	(1 830)	(2 012)	(2 006)	(1 789)	(1 742)	(2 220)	(2 049)	(1 817)	(2 281)	(1 409)	(1 955)	(2 588)	(2 296)	(2 685)	(2 740)	(2 567)	(2 821)	(2 817)	(3 038)	(3 099)	(3 265)	(3 519)	(3 201)	(3 169)	(3 240)	(5 388)	(5 307)	(5 348)	(5 420)
Income from Continuing Operations	1 252	1 451	1 635	1 802	1 594	1 690	1 208	1 169	1 010	894	955	827	1 157	1 021	258	350	235	1 023	1 152	1 658	1 954	1 497	1 437	981	668	842	530	1 045	797	852	1 255	750	710	1 667	1 897	2 788	3 685	2 845	2 295	2 543	2 846	3 800	4 759	4 562	4 630	4 583	4 821	5 022	5 057	5 120	4 828	4 414	4 493	4 572	4 543	4 144	3 676	1 736	2 027	3 529	5 031	6 925	7 591	6 932	6 500	5 804	5 893	5 641	6 456	7 428	7 787	7 808	7 568	7 514	6 821	6 586	7 134	12 199	12 309	12 488	12 544
Income to Minority Interest	(15)	(39)	(35)	39	84	16	(9)	(34)	(35)	(56)	(94)	(63)	(97)	(80)	(116)	(89)	(98)	(118)	(119)	(75)	(36)	164	149	164	219	85	90	43	62	9	(9)	16	94	80	70	65	(10)	80	(2)	0	(5)	(3)	(3)	(3)	(3)	(4)	0	0	0	0	0	(3)	(4)	(6)	(9)	(11)	(6)	6	7	3	0	(3)	0	9	8	181	180	184	189	56	56	52	46	(1)	(1)	(1)	0	0	0	0	0
Net Income (Common)	1 239 N/A	1 413 +14%	1 598 +13%	1 835 +15%	1 676 -9%	1 705 +2%	1 201 -30%	1 138 -5%	971 -15%	834 -14%	852 +2%	762 -11%	1 060 +39%	942 -11%	141 -85%	258 +83%	132 -49%	902 +583%	1 031 +14%	1 585 +54%	1 919 +21%	1 661 -13%	1 586 -5%	1 144 -28%	885 -23%	927 +5%	618 -33%	1 087 +76%	858 -21%	861 +0%	1 247 +45%	767 -38%	805 +5%	1 748 +117%	1 967 +13%	2 853 +45%	3 675 +29%	2 833 -23%	2 291 -19%	2 542 +11%	2 841 +12%	3 796 +34%	4 756 +25%	4 557 -4%	4 625 +1%	4 578 -1%	4 817 +5%	5 020 +4%	5 055 +1%	5 120 +1%	4 828 -6%	4 410 -9%	4 489 +2%	4 565 +2%	4 532 -1%	4 132 -9%	3 669 -11%	1 743 -52%	2 036 +17%	3 533 +74%	5 032 +42%	6 921 +38%	7 590 +10%	6 942 -9%	6 507 -6%	5 984 -8%	6 072 +1%	5 824 -4%	6 644 +14%	7 483 +13%	7 843 +5%	7 856 +0%	7 614 -3%	7 512 -1%	6 818 -9%	6 585 -3%	7 132 +8%	12 197 +71%	12 307 +1%	12 486 +1%	12 542 +0%
EPS (Diluted)	28.18 N/A	201.85 +616%	228.28 +13%	42.37 -81%	239.42 +465%	243.57 +2%	27.81 -89%	162.57 +485%	138.71 -15%	19.04 -86%	106.5 +459%	108.85 +2%	23.66 -78%	117.75 +398%	20.14 -83%	5.76 -71%	16.5 +186%	128.85 +681%	23.01 -82%	35.37 +54%	42.82 +21%	37.07 -13%	35.4 -5%	25.54 -28%	19.75 -23%	20.69 +5%	13.79 -33%	23.17 +68%	17.88 -23%	18.35 +3%	26 +42%	15.99 -39%	16.78 +5%	36.45 +117%	40.99 +12%	59.36 +45%	76.42 +29%	58.41 -24%	42.87 -27%	47.51 +11%	53.07 +12%	70.94 +34%	80.7 +14%	73.9 -8%	74.97 +1%	75.04 +0%	78.02 +4%	81.21 +4%	81.75 +1%	82.83 +1%	78.01 -6%	71.18 -9%	72.42 +2%	73.66 +2%	72.89 -1%	66.46 -9%	58.99 -11%	28.17 -52%	34.79 +24%	60.38 +74%	86 +42%	118.28 +38%	129.98 +10%	118.87 -9%	111.36 -6%	102.44 -8%	103.92 +1%	99.64 -4%	113.62 +14%	128 +13%	134.53 +5%	134.88 +0%	130.59 -3%	128.87 -1%	116.9 -9%	112.75 -4%	122.03 +8%	208.85 +71%	215.33 +3%	218.26 +1%	219.13 +0%

Income Statement Balance Sheet Cash Flow Statement

Starzen Co Ltd
TSE:8043

Income Statement

Earnings Waterfall
Starzen Co Ltd

Income Statement
Starzen Co Ltd

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Starzen Co Ltd TSE:8043

Income Statement

Earnings Waterfall Starzen Co Ltd

Income Statement Starzen Co Ltd

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Starzen Co Ltd
TSE:8043

Earnings Waterfall
Starzen Co Ltd

Income Statement
Starzen Co Ltd