Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
8,748.84
5,340.24
4,817.22
4,988.15
4,894.41
4,033.48
4,040.23
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
8,748.84
5,340.24
4,817.22
4,988.15
4,894.41
4,033.48
4,040.23
Raw Material Cost
6,729.64
3,522.16
2,884.08
3,166.32
2,935.28
2,354.82
2,253.97
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
15.87
8.30
13.59
15.10
10.53
3.26
3.11
Selling and Distribution Expenses
1,555.60
1,764.35
1,877.40
1,908.15
1,788.35
1,800.74
1,851.69
Other Expenses
-1.59
-0.83
-1.36
-1.51
-1.05
-0.33
-0.31
Total Expenditure (Excl Depreciation)
8,285.24
5,286.51
4,761.49
5,074.47
4,723.63
4,155.56
4,105.66
Operating Profit (PBDIT) excl Other Income
463.6
53.7
55.7
-86.30000000000001
170.79999999999998
-122.10000000000001
-65.4
Other Income
35.71
53.85
30.91
16.30
28.75
4.21
21.01
Operating Profit (PBDIT)
621.67
138.93
101.63
-29.89
248.61
-43.72
83.15
Interest
15.87
8.30
13.59
15.10
10.53
3.26
3.11
Exceptional Items
7.98
18.85
85.75
-25.39
-97.11
-231.92
16.68
Gross Profit (PBDT)
2,019.20
1,818.08
1,933.14
1,821.83
1,959.13
1,678.66
1,786.25
Depreciation
122.35
34.90
18.11
29.99
39.55
62.62
127.58
Profit Before Tax
491.43
114.58
155.69
-100.38
101.42
-341.52
-30.86
Tax
50.85
50.16
42.11
10.81
16.76
7.19
274.20
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
440.58
64.42
113.58
-107.82
85.85
-348.71
-156.19
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
440.58
64.42
113.58
-107.82
85.85
-348.71
-156.19
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
-3.36
-1.20
0.00
-148.87
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
440.58
64.42
113.58
-111.18
84.65
-348.71
-305.06
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
3,077.99
2,499.99
1,575.33
1,055.69
1,163.57
1,095.17
1,425.57
Earnings per share (EPS)
10.17
1.63
3.31
-3.31
2.64
-10.72
-4.95
Diluted Earnings per share
10.17
1.63
3.31
-3.31
2.64
-10.72
-4.95
Operating Profit Margin (Excl OI)
5.3%
0.94%
1.09%
-1.53%
3.68%
-2.74%
-1.62%
Gross Profit Margin
7.02%
2.8%
3.61%
-1.41%
2.88%
-6.91%
2.39%
PAT Margin
5.04%
1.21%
2.36%
-2.16%
1.75%
-8.65%
-3.87%
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 63.83% vs 10.86% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is 584.16% vs -43.31% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 588.60% vs 20.37% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is 91.57% vs -38.97% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has improved from Dec 2024
Compare Annual Results Of Forside Co., Ltd. With
Figures in Million
Consolidate Annual Results
Change(JPY)
Change(%)
Net Sales
8,748.84
2,736.11
6,012.73
219.75%
Other Operating Income
0.00
0.00
0.00
Total Operating income
8,748.84
2,736.11
6,012.73
219.75%
Raw Material Cost
6,729.64
1,911.71
4,817.93
252.02%
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
15.87
0.00
15.87
Selling and Distribution Expenses
1,555.60
383.64
1,171.96
305.48%
Other Expenses
-1.59
0.00
-1.59
Total Expenditure (Excl Depreciation)
8,285.24
2,295.35
5,989.89
260.96%
Operating Profit (PBDIT) excl Other Income
463.60
440.76
22.84
5.18%
Other Income
35.71
19.51
16.20
83.03%
Operating Profit (PBDIT)
621.67
500.37
121.30
24.24%
Interest
15.87
0.00
15.87
Exceptional Items
7.98
0.00
7.98
Gross Profit (PBDT)
2,019.20
824.39
1,194.81
144.93%
Depreciation
122.35
40.10
82.25
205.11%
Profit Before Tax
491.43
460.27
31.16
6.77%
Tax
50.85
124.46
-73.61
-59.14%
Provisions and contingencies
0
0
0.00
Profit After Tax
440.58
335.81
104.77
31.20%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
440.58
335.81
104.77
31.20%
Share in Profit of Associates
0
0
0.00
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
440.58
335.81
104.77
31.20%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
3,077.99
6,022.08
-2,944.09
-48.89%
Earnings per share (EPS)
10.17
45.87
-35.70
-77.83%
Diluted Earnings per share
10.17
45.87
-35.70
-77.83%
Operating Profit Margin (Excl OI)
5.30%
16.11%
0.00
-10.81%
Gross Profit Margin
7.02%
18.29%
0.00
-11.27%
PAT Margin
5.04%
12.27%
0.00
-7.23%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 874.88 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 63.83% vs 10.86% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 44.06 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 584.16% vs -43.31% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 58.60 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 588.60% vs 20.37% in Dec 2024
Annual - Interest
Interest 1.59 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 91.57% vs -38.97% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 5.30%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has improved from Dec 2024






