Mori Hills REIT Investment Corporation (TYO: 3234)

Mori Hills REIT Investment Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022
Period Ending	Jul 31, 2024	Jan 31, 2024	Jul 31, 2023	Jan 31, 2023	Jul 31, 2022	Jan 31, 2022
Rental Revenue	18,967	19,164	19,481	19,294	19,476	19,429
Gain (Loss) on Sale of Assets (Rev)	2,792	2,750	2,721	2,693	1,347	-
Other Revenue	606.46	418.94	415.07	415.07	194.42	187.4
Total Revenue	22,365	22,333	22,618	22,403	21,018	19,616
Revenue Growth (YoY	-0.18%	-1.26%	0.96%	6.59%	7.14%	-0.20%
Property Expenses	8,454	8,413	8,290	8,256	7,736	7,224
Selling, General & Administrative	49.88	49	57.76	49.89	62.08	62.34
Other Operating Expenses	178.86	111.36	368.55	166.38	148.84	87.25
Total Operating Expenses	8,682	8,573	8,716	8,472	7,947	7,373
Operating Income	13,683	13,759	13,902	13,931	13,070	12,243
Interest Expense	-841.95	-812.01	-936.68	-829.2	-966.02	-985.75
Interest & Investment Income	0.19	0.17	0.06	0.12	0.05	0.2
Other Non-Operating Income	-208.04	-233.55	-129.52	-251.98	-142.76	-156.36
EBT Excluding Unusual Items	12,633	12,714	12,836	12,850	11,962	11,101
Other Unusual Items	2.44	2.15	-5.81	-	-3.96	-4.15
Pretax Income	12,635	12,716	12,830	12,850	11,958	11,097
Income Tax Expense	2.1	2.21	1.88	1.77	0.89	1.12
Net Income	12,633	12,714	12,828	12,848	11,957	11,096
Net Income to Common	12,633	12,714	12,828	12,848	11,957	11,096
Net Income Growth	-1.53%	-0.89%	-0.16%	7.45%	7.76%	-0.55%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	-	-	-	-	-	0.18%
EPS (Basic)	6592.35	6634.46	6694.01	6704.45	6239.49	5790.12
EPS (Diluted)	6592.35	6634.46	6694.01	6704.45	6239.49	5790.12
EPS Growth	-1.53%	-0.89%	-0.16%	7.45%	7.76%	-0.73%
Dividend Per Share	6592.000	6634.000	-	6070.000	-	-
Operating Margin	61.18%	61.61%	61.46%	62.18%	62.19%	62.41%
Profit Margin	56.49%	56.93%	56.72%	57.35%	56.89%	56.56%
Free Cash Flow Margin	80.10%	81.19%	80.00%	84.53%	77.19%	69.34%
EBITDA	15,842	15,940	16,102	16,108	15,252	14,408
EBITDA Margin	70.84%	71.37%	71.19%	71.90%	72.57%	73.45%
D&A For Ebitda	2,160	2,180	2,200	2,177	2,181	2,165
EBIT	13,683	13,759	13,902	13,931	13,070	12,243
EBIT Margin	61.18%	61.61%	61.46%	62.18%	62.19%	62.41%
Effective Tax Rate	0.02%	0.02%	0.01%	0.01%	0.01%	0.01%
Revenue as Reported	22,350	22,392	11,211	22,408	9,821	9,841

Source: S&P Capital IQ. Real Estate template. Financial Sources.