M3 revenue and financials

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Close · October 5, 2026

In the fiscal year ended March 2026, M3 reported revenue of ¥351.36B (+23.33% year over year). Net income was ¥49.1B, a net margin of 14.0%.

Annual revenue · 2026: ¥351.36B
  1. ¥230.82B2023
  2. ¥238.88B2024
  3. ¥284.9B2025
  4. ¥351.36B2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+23.33%
FY to Mar 2026 vs FY to Mar 2025
Net income growth
+21.28%
FY to Mar 2026 vs FY to Mar 2025
Net margin
14.0%
FY to Mar 2025: 14.2%

Financial data

Amounts in millions of JPY; per-share values in JPY; shares in millions.

Income statement · Annual
ItemFY to Mar 2026FY to Mar 2025FY to Mar 2024FY to Mar 2023FY to Mar 2022
Total revenue351,363284,900238,883230,818—
Cost of revenue175,519130,53698,35295,632—
Gross profit175,844154,364140,531135,186—
Selling, general and administrative105,74092,94675,00364,832—
Operating income71,07660,29963,02470,511—
EBIT77,28865,50269,23174,387—
EBITDA77,28877,70778,10981,821—
Interest expense1,01271739169.0—
Pre-tax income76,27664,78568,84074,318—
Income tax22,23020,44420,29122,336—
Net income49,10040,48445,27149,028—
Net income to common shareholders49,10040,48445,27149,028—
Basic EPS72.5359.6266.6872.22—
Diluted EPS72.5059.6066.6372.17—
Average shares (basic)677679679679—
Average shares (diluted)677679679679—