Financials Ebrains, Inc.

Stocks

Delayed Japan Exchange 01:46:58 2026-09-16 EDT			5-day change	1st Jan Change
3,910.00 ^JPY	+1.56%		+3.99%	+43.43%

23-05-12	Ebrains, Inc. Reports Earnings Results for the Full Year Ended March 31, 2023	CI
20-12-24	Certain Shares of Ebrains, Inc. are subject to a Lock-Up Agreement Ending on 25-DEC-2020.	CI

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Net sales ¹	3,922	4,258	3,987	4,025	3,993	4,700	5,400	5,700
Change	-	8.57%	-6.36%	0.95%	-0.8%	17.71%	14.89%	5.56%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	537	656	486	464	530	700	900	950
Change	-	22.16%	-25.91%	-4.53%	14.22%	32.08%	28.57%	5.56%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	529	654	490	475	550	-	-	-
Change	-	23.63%	-25.08%	-3.06%	15.79%	-	-	-
Net income ¹	345	426	332	313	364	470	620	650
Change	-	23.48%	-22.07%	-5.72%	16.29%	29.12%	31.91%	4.84%
Announcement Date	5/12/22	5/12/23	5/13/24	5/13/25	5/14/26	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q3	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q3	2026 Q1	2026 Q3	2027 Q1	2027 Q2	2027 Q4
Net sales ¹	965	965	1,045	947	1,003	1,100	1,012	1,043	1,027	905	1,020	1,098	913	941	1,190	1,150	1,220
Change	-	0%	8.29%	-9.38%	5.91%	9.67%	-8%	3.06%	-1.53%	-11.88%	12.71%	7.65%	-16.85%	3.07%	26.46%	-3.36%	6.09%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	135	135	154	113	147	180	145	142	122	77	111	147	111	123	213	170	190
Change	-	0%	14.07%	-26.62%	30.09%	22.45%	-19.44%	-2.07%	-14.08%	-36.89%	44.16%	32.43%	-24.49%	10.81%	73.17%	-20.19%	11.76%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	131	137	152	109	138	186	146	144	120	80	110	155	116	128	217	170	190
Change	-	4.58%	10.95%	-28.29%	26.61%	34.78%	-21.51%	-1.37%	-16.67%	-33.33%	37.5%	40.91%	-25.16%	10.34%	69.53%	-21.66%	11.76%
Net income ¹	84	92	101	68	86	125	92	100	82	58	70	106	75	83	136	120	120
Change	-	9.52%	9.78%	-32.67%	26.47%	45.35%	-26.4%	8.7%	-18%	-29.27%	20.69%	51.43%	-29.25%	10.67%	63.86%	-11.76%	0%
Announcement Date	8/5/21	11/10/21	2/10/22	5/12/22	8/8/22	2/10/23	8/9/23	11/13/23	2/13/24	5/13/24	8/8/24	2/13/25	8/14/25	2/12/26	8/13/26	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2022 S2	2023 S1	2024 S1	2024 S2	2025 S1	2026 S1	2027 S1	2027 S2
Net sales ¹	1,992	2,052	2,055	1,932	1,930	1,937	2,280	2,420
Change	-	3.01%	0.15%	-5.99%	-0.1%	0.36%	17.71%	6.14%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	267	300	287	199	188	237	330	370
Change	-	12.36%	-4.33%	-30.66%	-5.53%	26.06%	39.24%	12.12%
Charge d'intérêts	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	261	289	290	200	189	253	330	370
Change	-	10.73%	0.35%	-31.03%	-5.5%	33.86%	30.43%	12.12%
Net income ¹	169	186	192	140	124	170	230	240
Change	-	10.06%	3.23%	-27.08%	-11.43%	37.1%	35.29%	4.35%
Announcement Date	5/12/22	11/10/22	11/13/23	5/13/24	11/13/24	11/13/25	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Net Debt	-1,721	-1,922	-2,387	-2,730	-2,245	-	-	-
Change	-	-11.68%	-24.19%	-14.37%	17.77%	-	-	-
Announcement Date	5/12/22	5/12/23	5/13/24	5/13/25	5/14/26	-	-	-

Estimates

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
CAPEX ¹	4.546	11	4.312	-	6	10	10	10
Change	-	141.97%	-60.8%	-	-	66.67%	0%	0%
Free Cash Flow (FCF) ¹	-	236	-	380	564	-	-	-
Change	-	-	-	-	48.42%	-100%	-	-
Announcement Date	5/12/22	5/12/23	5/13/24	5/13/25	5/14/26	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028	2029
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	13.69%	15.41%	12.19%	11.53%	13.27%	14.89%	16.67%	16.67%
EBT Margin (%)	-	13.49%	15.36%	12.29%	11.8%	13.77%	-	-	-
Net margin (%)	-	8.8%	10%	8.33%	7.78%	9.12%	10%	11.48%	11.4%
FCF margin (%)	-	-	5.54%	-	9.44%	14.12%	-	-	-
FCF / Net Income (%)	-	-	55.4%	-	121.41%	154.95%	-	-	-
Profitability
ROA	4.26%	6.89%	7.6%	5.39%	5.01%	5.4%	-	-	-
ROE	6.12%	9.53%	10.67%	7.63%	6.74%	7.36%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	0.12%	0.26%	0.11%	-	0.15%	0.21%	0.19%	0.18%
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	4.66%	-	-	1.06%	-	-	-
Items per share
Cash flow per share ¹	1,017	1,159	1,274	1,582	1,809	1,488	-	-	-
Change	-	14.02%	9.89%	24.2%	14.37%	-17.77%	-	-	-
Dividend per Share ¹	18	22	27	33	40	48	-	-	-
Change	-	22.22%	22.73%	22.22%	21.21%	20%	-	-	-
Book Value Per Share ¹	2,284	2,512	2,781	2,984	3,171	3,382	-	-	-
Change	-	9.98%	10.68%	7.29%	6.29%	6.65%	-	-	-
EPS ¹	135.6	228.6	282.3	220	207.4	241.2	-	-	-
Change	-	68.56%	23.48%	-22.07%	-5.72%	16.29%	-	-	-
Nbr of stocks (in thousands)	1,509	1,509	1,509	1,509	1,509	1,509	-	-	-
Announcement Date	6/23/21	6/23/22	6/23/23	6/28/24	6/30/25	6/25/26	-	-	-