Hi-CRATES CO.,LTD. (4172.T) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	2.4B	2.4B	2.1B	2.0B	2.2B
Cost of Revenue	134.0M	553.4M	512.5M	580.8M	586.0M
Gross Profit	498.4M	1.9B	1.6B	1.5B	1.6B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	310.5M	1.3B	1.2B	1.2B	1.2B
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	310.5M	1.3B	1.2B	1.2B	1.2B
Cost and Expenses	1.9B	1.9B	1.7B	1.8B	1.8B
Operating Income (EBIT)	566.0M	549.0M	422.0M	230.0M	416.0M
Non-Operating
Interest Income	1.7M	1.1M	10.0K	11.0K	11.0K
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	18.7M	102.4M	—	—	—
Non-Operating Income (excl Interest)	32.3M	108.7M	165.3M	154.9M	58.6M
EBT (Pre-Tax Income)	206.7M	651.0M	587.6M	385.9M	478.2M
Income Tax Expense	70.6M	202.9M	185.8M	127.4M	162.0M
Bottom Line
Net Income	449.0M	448.0M	401.0M	258.0M	316.0M
Earnings from Cont. Ops	—	—	—	—	—
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	449.0M	448.0M	401.0M	258.0M	316.0M
Per Share
Basic EPS	¥202	¥201	¥180	¥116	¥142
Diluted EPS	¥202	—	—	—	—
Revenue Per Share	¥1,089	¥1,080	¥949	¥916	¥994
Shares
Basic Shares Outstanding	2.2M	2.2M	2.2M	2.2M	2.2M
Diluted Shares Outstanding	—	—	—	—	—
Profitability Metrics
EBITDA	—	637.4M	500.6M	298.4M	464.7M
D&A	—	88.4M	78.6M	68.4M	48.7M
EBIT	566.0M	549.0M	422.0M	230.0M	416.0M

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 Mar 1, 2026