Annual Quarterly

Consolidated Operating Results Consolidated Financial Position

Segment Information Consolidated Cash Flow

Consolidated Operating Results Consolidated Financial Position

Segment Information Consolidated Cash Flow

Segment Information

※Japanese GAAP

Latest 5 Years
Latest 3 Years

（millions of Yen）

	FY2021	FY2022	FY2023	FY2024	FY2025
Net Sales	12,695	14,000	16,059	17,370	20,355
Gross Profit	11,156	12,271	13,970	15,366	18,187
Gross Profit Margin	87.9%	87.7%	87.0%	88.5%	89.3%
Operating Profit	1,553	2,349	2,812	2,959	3,177
Operating Profit Margin	12.2%	16.8%	17.5%	17.0%	15.6%

※From FY2023(2023/3), the Company has changed its segments into two categories: "Consulting Services" and "Investment Services."Figures for the FY2022 (2022/3) and prior are calculated based on the segment classifications after the change.

Breakdown of consulting services（Net Sales・Gross Profit）

Latest 5 Years
Latest 3 Years

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