TSUKURUBA Inc. (2978.T) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	9.2B	8.1B	5.5B	4.2B	2.8B
Cost of Revenue	1.8B	4.6B	2.7B	1.6B	921.9M
Gross Profit	920.0M	3.5B	2.8B	2.5B	1.8B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	895.1M	3.3B	2.7B	2.7B	2.6B
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	895.1M	3.3B	2.7B	2.7B	2.6B
Cost and Expenses	8.9B	7.8B	5.3B	4.3B	3.5B
Operating Income (EBIT)	292.0M	274.0M	155.0M	(132.0M)	(773.0M)
Non-Operating
Interest Income	1.7M	1.2M	45.0K	16.0K	25.0K
Interest Expense	16.2M	47.9M	22.0M	7.3M	5.1M
Net Interest Income	(14.5M)	(46.6M)	(22.0M)	(7.3M)	(5.1M)
Other Non-Op Income/Expense	(23.0M)	(74.8M)	(41.2M)	(18.3M)	(21.1M)
Non-Operating Income (excl Interest)	2.1M	4.2M	4.3M	3.9M	2.2M
EBT (Pre-Tax Income)	5.9M	161.1M	199.6M	(158.6M)	(819.9M)
Income Tax Expense	11.8M	54.5M	(16.0M)	6.9M	2.5M
Bottom Line
Net Income	127.0M	106.0M	215.0M	(165.0M)	(822.0M)
Earnings from Cont. Ops	—	—	—	—	—
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	127.0M	106.0M	215.0M	(165.0M)	(822.0M)
Per Share
Basic EPS	¥11	¥9	¥18	(¥15)	(¥74)
Diluted EPS	¥11	¥9	¥18	—	—
Revenue Per Share	¥811	¥712	¥484	¥372	¥250
Shares
Basic Shares Outstanding	11.4M	11.4M	11.3M	11.2M	11.1M
Diluted Shares Outstanding	—	—	—	—	—
Profitability Metrics
EBITDA	—	296.1M	183.5M	(93.7M)	(736.3M)
D&A	—	22.1M	28.5M	38.3M	36.7M
EBIT	292.0M	274.0M	155.0M	(132.0M)	(773.0M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jan 1, 2026