JREIF Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Sep '24 Sep 30, 2024	Mar '24 Mar 31, 2024	Sep '23 Sep 30, 2023	Mar '23 Mar 31, 2023	2016 - 2020
Rental Revenue	72,690	70,832	69,083	67,969	67,657	Upgrade
Gain (Loss) on Sale of Assets (Rev)	13,126	13,162	10,593	7,518	6,753	Upgrade
Other Revenue	-	-	287.82	401.7	235.88	Upgrade
Total Revenue	85,816	83,994	79,964	75,889	74,646	Upgrade
Revenue Growth (YoY	2.17%	5.04%	5.37%	1.67%	1.21%	Upgrade
Property Expenses	43,192	40,095	40,913	40,170	40,745	Upgrade
Selling, General & Administrative	404	2,687	425.41	498.33	-1,266	Upgrade
Other Operating Expenses	640	254	258.84	130.52	83.74	Upgrade
Total Operating Expenses	44,236	43,036	41,597	40,799	39,562	Upgrade
Operating Income	41,580	40,958	38,367	35,090	35,084	Upgrade
Interest Expense	-2,448	-1,100	-1,884	-1,743	-1,693	Upgrade
Interest & Investment Income	36	3	10.14	10.28	9.63	Upgrade
Other Non-Operating Income	146	-1,028	-98.36	-101.53	27.29	Upgrade
EBT Excluding Unusual Items	39,314	38,833	36,394	33,256	33,427	Upgrade
Other Unusual Items	-	-	3.69	3.69	2.71	Upgrade
Pretax Income	39,314	38,833	36,398	33,259	33,430	Upgrade
Income Tax Expense	1,588	1,357	686.62	22.82	477.78	Upgrade
Net Income	37,726	37,476	35,711	33,236	32,952	Upgrade
Net Income to Common	37,726	37,476	35,711	33,236	32,952	Upgrade
Net Income Growth	0.67%	4.94%	7.45%	0.86%	0.35%	Upgrade
Basic Shares Outstanding	7	7	7	7	7	Upgrade
Diluted Shares Outstanding	7	7	7	7	7	Upgrade
Shares Change (YoY)	-	0.06%	1.34%	1.30%	-	Upgrade
EPS (Basic)	5302.83	5267.69	5022.36	4737.03	4757.69	Upgrade
EPS (Diluted)	5302.83	5267.69	5022.36	4737.03	4757.69	Upgrade
EPS Growth	0.67%	4.88%	6.02%	-0.43%	0.35%	Upgrade
Dividend Per Share	-	-	-	4733.400	-	Upgrade
Operating Margin	48.45%	48.76%	47.98%	46.24%	47.00%	Upgrade
Profit Margin	43.96%	44.62%	44.66%	43.80%	44.14%	Upgrade
EBITDA	53,800	53,256	50,921	47,550	47,500	Upgrade
EBITDA Margin	62.69%	63.41%	63.68%	62.66%	63.63%	Upgrade
D&A For Ebitda	12,220	12,298	12,555	12,460	12,416	Upgrade
EBIT	41,580	40,958	38,367	35,090	35,084	Upgrade
EBIT Margin	48.45%	48.76%	47.98%	46.24%	47.00%	Upgrade
Funds From Operations (FFO)	-	18,457	19,207	38,177	19,700	Upgrade
Adjusted Funds From Operations (AFFO)	-	-	-	38,177	-	Upgrade
FFO Payout Ratio	-	-	84.14%	84.05%	-	Upgrade
Effective Tax Rate	4.04%	3.49%	1.89%	0.07%	1.43%	Upgrade
Revenue as Reported	-	41,414	38,628	75,973	37,655	Upgrade

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.