TYO:2971 Income Statement

Financials in millions JPY. Fiscal year is February - January.

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Rental Revenue	5,664	4,617	4,383	5,247	4,386
Gain (Loss) on Sale of Assets (Rev)	-	563.53	-	-	-
Other Revenue	492.44	662.72	559.27	-	-
Total Revenue	6,157	5,843	4,942	5,247	4,386
Revenue Growth (YoY	5.36%	18.23%	-5.81%	19.63%	14.70%
Property Expenses	2,713	2,400	2,266	2,366	1,657
Selling, General & Administrative	37.18	35.08	31.11	32	30
Other Operating Expenses	121.9	121.53	114.54	104	99
Total Operating Expenses	2,872	2,556	2,412	2,502	1,786
Operating Income	3,285	3,287	2,530	2,745	2,600
Interest Expense	-519.08	-241.08	-161.98	-278	-300
Interest & Investment Income	7.77	0.89	0.05	-	-
Other Non-Operating Income	-68.83	-90.56	-91.41	-5	-12
EBT Excluding Unusual Items	2,704	2,957	2,277	2,462	2,288
Gain (Loss) on Sale of Assets	-	-535.41	-	-	-
Other Unusual Items	1.17	2.65	-	666	-22
Pretax Income	2,706	2,424	2,277	3,128	2,266
Income Tax Expense	0.91	1.75	1.36	1	1
Net Income	2,705	2,422	2,276	3,127	2,265
Net Income to Common	2,705	2,422	2,276	3,127	2,265
Net Income Growth	11.67%	6.43%	-27.22%	38.06%	13.93%
Basic Shares Outstanding	0	0	0	0	0
Diluted Shares Outstanding	0	0	0	0	0
Shares Change (YoY)	0.88%	1.58%	-	11.00%	12.21%
EPS (Basic)	7499.03	6774.29	6465.70	8884.36	7143.06
EPS (Diluted)	7499.03	6774.29	6465.70	8884.36	7143.06
EPS Growth	10.70%	4.77%	-27.22%	24.38%	1.54%
Dividend Per Share	-	6716.000	6465.000	-	-
Dividend Growth	-	3.88%	-	-	-
Operating Margin	53.35%	56.26%	51.20%	52.32%	59.28%
Profit Margin	43.93%	41.45%	46.05%	59.60%	51.64%
EBITDA	3,718	3,699	2,903	3,101	2,907
EBITDA Margin	60.39%	63.29%	58.74%	59.10%	66.28%
D&A For Ebitda	433.72	411.26	372.55	356	307
EBIT	3,285	3,287	2,530	2,745	2,600
EBIT Margin	53.35%	56.26%	51.20%	52.32%	59.28%
Funds From Operations (FFO)	1,616	2,804	2,646	-	-
Adjusted Funds From Operations (AFFO)	-	2,804	2,646	-	-
FFO Payout Ratio	164.06%	82.28%	113.39%	-	-
Effective Tax Rate	0.03%	0.07%	0.06%	0.03%	0.04%
Revenue as Reported	3,125	5,843	4,942	-	-

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