TYO:3226 Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Rental Revenue	26,510	25,530	25,085	24,670	24,202
Gain (Loss) on Sale of Assets (Rev)	412	-	548	107	-
Other Revenue	-	-	2	-	1
Total Revenue	26,922	25,530	25,635	24,777	24,203
Revenue Growth (YoY	5.45%	-0.41%	3.46%	2.37%	4.87%
Property Expenses	10,769	8,592	8,443	8,316	8,053
Selling, General & Administrative	70	-	-	-	-
Depreciation & Amortization	1,930	3,800	3,830	3,989	4,098
Other Operating Expenses	915	939	929	905	889
Total Operating Expenses	13,684	13,331	13,202	13,210	13,040
Operating Income	13,238	12,199	12,433	11,567	11,163
Interest Expense	-1,051	-834	-808	-826	-869
Interest & Investment Income	38	31	77	20	7
Other Non-Operating Income	-21	-33	-41	-43	-45
EBT Excluding Unusual Items	12,204	11,363	11,661	10,718	10,256
Pretax Income	12,204	11,363	11,661	10,718	10,256
Income Tax Expense	1	-	-	-	-
Net Income	12,203	11,363	11,661	10,718	10,256
Net Income to Common	12,203	11,363	11,661	10,718	10,256
Net Income Growth	7.39%	-2.56%	8.80%	4.50%	5.10%
Basic Shares Outstanding	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3
Shares Change (YoY)	-	-	-	-	3.08%
EPS (Basic)	4847.54	4513.86	4632.23	4257.63	4074.11
EPS (Diluted)	4847.54	4513.86	4632.23	4257.63	4074.11
EPS Growth	7.39%	-2.56%	8.80%	4.50%	1.96%
Dividend Per Share	-	4514.000	4420.800	4215.400	4104.000
Dividend Growth	-	2.11%	4.87%	2.71%	1.65%
Operating Margin	49.17%	47.78%	48.50%	46.68%	46.12%
Profit Margin	45.33%	44.51%	45.49%	43.26%	42.38%
EBITDA	17,045	15,999	16,263	15,556	15,261
EBITDA Margin	63.31%	62.67%	63.44%	62.78%	63.05%
D&A For Ebitda	3,807	3,800	3,830	3,989	4,098
EBIT	13,238	12,199	12,433	11,567	11,163
EBIT Margin	49.17%	47.78%	48.50%	46.68%	46.12%
Funds From Operations (FFO)	7,781	15,163	14,944	14,601	14,355
Adjusted Funds From Operations (AFFO)	-	15,163	14,944	14,601	14,355
FFO Payout Ratio	149.61%	74.77%	72.16%	71.66%	70.55%
Effective Tax Rate	0.01%	-	-	-	-
Revenue as Reported	13,195	25,531	25,635	24,778	24,203

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