NOTE
20 - NET INCOME PER SHARE
The
computation of basic and diluted net income per share for the years ended March 31, 2026, 2025 and 2024 is as follows:
SCHEDULE
OF COMPUTATION OF BASIC AND DILUTED NET INCOME PER SHARE
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Thousands
of Yen except
share and per share data | |
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For
the Fiscal Years Ended March 31, | |
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2026 | | |
2025 | | |
2024 | |
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| Numerator: | |
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| Net
income | |
¥ | 759,961 | | |
¥ | 753,621 | | |
¥ | 323,605 | |
| Denominator: | |
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| Weighted
average number of common shares outstanding used in calculating basic/diluted net income per share | |
| | | |
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| Basic
and Diluted | |
| 23,627,697 | | |
| 21,679,507 | | |
| 21,053,384 | |
| Net income per share | |
| | | |
| | | |
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| Basic
and Diluted | |
| 32.16 | | |
| 34.76 | | |
| 15.37 | |
The
500,000 PSUs outstanding as of March 31, 2026 were excluded from the computation of diluted net income per share because the vesting
date, defined as the later of March 31, 2026 or the filing date of the Annual Report on Form 20-F, had not yet occurred. There were no
dilutive securities excluded from the computation of diluted net income (loss) per share for the years ended March 31, 2025 and
2024.
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