Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
4,546.71
4,218.23
3,782.64
3,434.76
3,143.33
2,887.46
2,290.70
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
4,546.71
4,218.23
3,782.64
3,434.76
3,143.33
2,887.46
2,290.70
Raw Material Cost
2,925.90
2,684.56
2,414.52
2,228.62
2,112.91
2,025.72
1,579.19
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
7.44
4.74
2.09
1.78
0.00
0.37
0.94
Selling and Distribution Expenses
973.44
907.55
902.08
724.48
684.99
633.44
603.96
Other Expenses
-0.74
-0.47
-0.21
-0.18
0.00
-0.04
-0.09
Total Expenditure (Excl Depreciation)
3,899.34
3,592.12
3,316.60
2,953.09
2,797.90
2,659.16
2,183.16
Operating Profit (PBDIT) excl Other Income
647.4
626.1
466
481.70000000000005
345.4
228.29999999999998
107.5
Other Income
11.16
2.11
-1.37
0.20
-0.19
4.36
1.15
Operating Profit (PBDIT)
701.61
676.45
518.36
535.97
397.53
272.07
154.67
Interest
7.44
4.74
2.09
1.78
0.00
0.37
0.94
Exceptional Items
-50.23
0.00
0.00
0.00
4.00
-58.46
-73.11
Gross Profit (PBDT)
1,620.81
1,533.67
1,368.12
1,206.14
1,030.42
861.73
711.51
Depreciation
43.09
48.23
53.69
54.11
52.30
39.41
45.98
Profit Before Tax
600.85
623.49
462.58
480.08
349.24
173.82
34.64
Tax
168.55
197.21
146.10
144.19
115.16
21.15
52.10
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
408.02
406.91
300.06
323.04
224.02
142.12
-24.49
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
408.02
406.91
300.06
323.04
224.02
142.12
-24.49
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
24.27
19.37
16.42
12.85
10.06
10.54
7.03
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
432.30
426.28
316.48
335.89
234.08
152.67
-17.46
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
3,132.96
2,832.49
2,501.10
2,263.12
2,003.78
1,935.53
1,849.17
Earnings per share (EPS)
64.87
64.7
47.71
51.36
35.2
22.3
-3.84
Diluted Earnings per share
64.87
64.7
47.71
51.36
35.2
22.3
-3.84
Operating Profit Margin (Excl OI)
14.24%
14.84%
12.32%
14.02%
10.99%
7.91%
4.69%
Gross Profit Margin
14.16%
15.92%
13.65%
15.55%
12.77%
7.38%
3.52%
PAT Margin
8.97%
9.65%
7.93%
9.41%
7.13%
4.92%
-1.07%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is 7.79% vs 11.52% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is 1.41% vs 34.69% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 2.40% vs 29.75% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is 57.45% vs 123.81% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has fallen from Dec 2024
Compare Annual Results Of Billing System Corp. With
Figures in Million
Consolidate Annual Results
Change(JPY)
Change(%)
Net Sales
4,546.71
6,103.87
-1,557.16
-25.51%
Other Operating Income
0.00
0.00
0.00
Total Operating income
4,546.71
6,103.87
-1,557.16
-25.51%
Raw Material Cost
2,925.90
4,547.29
-1,621.39
-35.66%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
7.44
14.98
-7.54
-50.33%
Selling and Distribution Expenses
973.44
964.65
8.79
0.91%
Other Expenses
-0.74
1.70
-2.44
-143.53%
Total Expenditure (Excl Depreciation)
3,899.34
5,543.97
-1,644.63
-29.67%
Operating Profit (PBDIT) excl Other Income
647.37
559.90
87.47
15.62%
Other Income
11.16
27.88
-16.72
-59.97%
Operating Profit (PBDIT)
701.61
799.38
-97.77
-12.23%
Interest
7.44
14.98
-7.54
-50.33%
Exceptional Items
-50.23
-47.69
-2.54
-5.33%
Gross Profit (PBDT)
1,620.81
1,556.58
64.23
4.13%
Depreciation
43.09
211.61
-168.52
-79.64%
Profit Before Tax
600.85
525.10
75.75
14.43%
Tax
168.55
92.75
75.80
81.73%
Provisions and contingencies
0
0
0.00
Profit After Tax
408.02
432.35
-24.33
-5.63%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
408.02
432.35
-24.33
-5.63%
Share in Profit of Associates
0
0
0.00
Minority Interest
24.27
0.00
24.27
Other related items
0.00
0.00
0.00
Consolidated Net Profit
432.30
432.35
-0.05
-0.01%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
3,132.96
2,759.01
373.95
13.55%
Earnings per share (EPS)
64.87
44.92
19.95
44.41%
Diluted Earnings per share
64.87
44.92
19.95
44.41%
Operating Profit Margin (Excl OI)
14.24%
9.17%
0.00
5.07%
Gross Profit Margin
14.16%
12.07%
0.00
2.09%
PAT Margin
8.97%
7.08%
0.00
1.89%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 454.67 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 7.79% vs 11.52% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 43.23 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 1.41% vs 34.69% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 69.05 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 2.40% vs 29.75% in Dec 2024
Annual - Interest
Interest 0.74 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 57.45% vs 123.81% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 14.24%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has fallen from Dec 2024






