Kawai Musical Instruments Manufacturing Co.,Ltd. (7952.T) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	71.8B	72.0B	72.9B	80.2B	87.8B
Cost of Revenue	13.7B	53.3B	54.6B	59.5B	65.0B
Gross Profit	4.1B	18.7B	18.3B	20.7B	22.8B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	4.6B	18.6B	18.0B	17.5B	17.8B
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	4.6B	18.6B	18.0B	17.5B	17.8B
Cost and Expenses	71.3B	71.9B	72.6B	76.9B	82.7B
Operating Income (EBIT)	477.0M	113.0M	316.0M	3.3B	5.0B
Non-Operating
Interest Income	38.0M	156.0M	126.0M	107.0M	83.0M
Interest Expense	35.0M	150.0M	83.0M	71.0M	85.0M
Net Interest Income	3.0M	6.0M	43.0M	36.0M	(2.0M)
Other Non-Op Income/Expense	232.0M	840.0M	159.0M	947.0M	593.0M
Non-Operating Income (excl Interest)	299.0M	1.0B	427.0M	1.0B	735.0M
EBT (Pre-Tax Income)	(269.0M)	1.6B	349.0M	4.2B	5.6B
Income Tax Expense	(100.0M)	472.0M	(59.0M)	1.4B	1.9B
Bottom Line
Net Income	1.0B	1.1B	405.0M	2.8B	3.7B
Earnings from Cont. Ops	—	—	—	—	—
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	1.0B	1.1B	405.0M	2.8B	3.7B
Per Share
Basic EPS	¥120	¥133	¥47	¥324	¥427
Diluted EPS	¥120	¥133	—	—	—
Revenue Per Share	¥8,345	¥8,376	¥8,479	¥9,329	¥10,212
Shares
Basic Shares Outstanding	8.6M	8.6M	8.6M	8.6M	8.6M
Diluted Shares Outstanding	—	—	—	—	—
Profitability Metrics
EBITDA	—	2.1B	2.1B	4.9B	6.7B
D&A	—	2.0B	1.8B	1.6B	1.6B
EBIT	477.0M	113.0M	316.0M	3.3B	5.0B

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