Tokaido REIT, Inc. (TYO:2989)

Tokaido REIT Income Statement

Financials in millions JPY. Fiscal year is August - July.

Fiscal Year	TTM	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Jan 31, 2025	Jul 31, 2024	Jan 31, 2024	Jul 31, 2023	Jan 31, 2023	Jul 31, 2022
Rental Revenue	4,168	3,800	3,280	3,232	2,288	2,215
Other Revenue	-0	-	-	-	6	-
Total Revenue	4,168	3,800	3,280	3,232	2,294	2,215
Revenue Growth (YoY	27.98%	15.85%	1.49%	40.89%	3.57%	64.93%
Property Expenses	1,677	1,464	1,238	1,174	912	812
Selling, General & Administrative	59.96	52	48	40	44	32
Other Operating Expenses	89.69	86	96	86	68	50
Total Operating Expenses	1,827	1,602	1,382	1,300	1,024	894
Operating Income	2,342	2,198	1,898	1,932	1,270	1,321
Interest Expense	-433.9	-354	-262	-300	-132	-118
Other Non-Operating Income	52.84	-4	-6	-6	-4	-3
EBT Excluding Unusual Items	1,960	1,840	1,630	1,626	1,134	1,200
Other Unusual Items	-18	-12	-6	-6	-	-3
Pretax Income	1,942	1,828	1,624	1,620	1,134	1,197
Income Tax Expense	-0.91	-	-	-	-	1
Net Income	1,943	1,828	1,624	1,620	1,134	1,196
Net Income to Common	1,943	1,828	1,624	1,620	1,134	1,196
Net Income Growth	19.73%	12.56%	0.25%	42.86%	-5.18%	176.85%
Basic Shares Outstanding	0	0	0	0	0	0
Diluted Shares Outstanding	0	0	0	0	0	0
Shares Change (YoY)	22.19%	14.80%	-	37.16%	-0.30%	57.63%
EPS (Basic)	6557.72	6566.09	6696.91	6680.41	6414.03	6744.37
EPS (Diluted)	6557.72	6566.09	6696.91	6680.41	6414.03	6744.37
EPS Growth	-2.01%	-1.95%	0.25%	4.15%	-4.90%	75.64%
Operating Margin	56.18%	57.84%	57.87%	59.78%	55.36%	59.64%
Profit Margin	46.62%	48.10%	49.51%	50.12%	49.43%	54.00%
EBITDA	2,808	2,620	2,250	2,264	1,514	1,495
EBITDA Margin	67.36%	68.95%	68.60%	70.05%	66.00%	67.49%
D&A For Ebitda	466.34	422	352	332	244	174
EBIT	2,342	2,198	1,898	1,932	1,270	1,321
EBIT Margin	56.18%	57.84%	57.87%	59.78%	55.36%	59.64%
Effective Tax Rate	-	-	-	-	-	0.08%

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.