Nomura Real Estate Holdings, Inc. (TYO:3231)

TYO:3231 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	788,224	734,715	654,735	645,049	580,660	676,495
Revenue Growth (YoY)	5.03%	12.22%	1.50%	11.09%	-14.17%	1.19%
Cost of Revenue	512,662	490,250	432,073	439,737	397,602	482,772
Gross Profit	275,562	244,465	222,662	205,312	183,058	193,723
Selling, General & Admin	143,218	132,347	123,061	114,088	106,685	111,815
Research & Development	-	-	-	-	34	-
Operating Expenses	143,220	132,349	123,064	114,101	106,724	111,817
Operating Income	132,342	112,116	99,598	91,211	76,334	81,906
Interest Expense	-15,681	-14,093	-10,221	-8,825	-9,015	-8,788
Interest & Investment Income	271	214	165	167	158	208
Earnings From Equity Investments	1,368	1,035	4,872	895	-510	313
Other Non Operating Income (Expenses)	-1,610	-1,025	-295	-892	-1,101	-664
EBT Excluding Unusual Items	116,690	98,247	94,119	82,556	65,866	72,975
Gain (Loss) on Sale of Investments	-	-	-	-	-	102
Gain (Loss) on Sale of Assets	5,983	5,983	6,873	-	96	393
Asset Writedown	-790	-6,537	-7,911	-568	-1,285	-121
Other Unusual Items	-1,144	-1,041	-4,993	-936	-1,858	-260
Pretax Income	120,739	96,652	88,088	81,052	62,819	73,089
Income Tax Expense	33,304	28,469	23,388	25,672	20,593	23,454
Earnings From Continuing Operations	87,435	68,183	64,700	55,380	42,226	49,635
Minority Interest in Earnings	-88	-19	-180	-68	-28	-749
Net Income	87,347	68,164	64,520	55,312	42,198	48,886
Net Income to Common	87,347	68,164	64,520	55,312	42,198	48,886
Net Income Growth	30.71%	5.65%	16.65%	31.08%	-13.68%	6.57%
Shares Outstanding (Basic)	864	869	883	898	907	915
Shares Outstanding (Diluted)	865	870	885	901	911	919
Shares Change (YoY)	-0.90%	-1.70%	-1.75%	-1.03%	-0.96%	-1.98%
EPS (Basic)	101.10	78.46	73.05	61.56	46.50	53.44
EPS (Diluted)	100.99	78.31	72.87	61.38	46.35	53.18
EPS Growth	31.89%	7.47%	18.72%	32.43%	-12.84%	8.72%
Free Cash Flow	-97,409	4,865	-86,873	16,175	-109,169	36,255
Free Cash Flow Per Share	-112.62	5.59	-98.12	17.95	-119.90	39.44
Dividend Per Share	31.500	28.000	24.000	19.500	16.500	16.000
Dividend Growth	21.15%	16.67%	23.08%	18.18%	3.13%	6.67%
Gross Margin	34.96%	33.27%	34.01%	31.83%	31.53%	28.64%
Operating Margin	16.79%	15.26%	15.21%	14.14%	13.15%	12.11%
Profit Margin	11.08%	9.28%	9.85%	8.58%	7.27%	7.23%
Free Cash Flow Margin	-12.36%	0.66%	-13.27%	2.51%	-18.80%	5.36%
EBITDA	152,644	132,561	120,191	110,300	96,355	101,711
EBITDA Margin	19.37%	18.04%	18.36%	17.10%	16.59%	15.04%
D&A For EBITDA	20,302	20,445	20,593	19,089	20,021	19,805
EBIT	132,342	112,116	99,598	91,211	76,334	81,906
EBIT Margin	16.79%	15.26%	15.21%	14.14%	13.15%	12.11%
Effective Tax Rate	27.58%	29.45%	26.55%	31.67%	32.78%	32.09%
Advertising Expenses	-	16,789	17,345	15,836	15,460	21,026

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