Mori Hills REIT Investment Corporation (TYO:3234)

TYO:3234 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Rental Revenue	18,893	19,164	19,294	19,429	19,003
Gain (Loss) on Sale of Assets (Rev)	2,833	2,750	2,693	-	-
Other Revenue	395.55	418.94	415.07	187.4	400.29
Total Revenue	22,122	22,333	22,403	19,616	19,403
Revenue Growth (YoY	-0.94%	-0.31%	14.20%	1.10%	1.12%
Property Expenses	8,391	8,413	8,256	7,224	7,041
Selling, General & Administrative	51.81	49	49.89	62.34	45.92
Other Operating Expenses	29.88	111.36	166.38	87.25	113.47
Total Operating Expenses	8,473	8,573	8,472	7,373	7,201
Operating Income	13,649	13,759	13,931	12,243	12,203
Interest Expense	-944.74	-812.01	-829.2	-985.75	-881.58
Interest & Investment Income	1.9	0.17	0.12	0.2	0.1
Other Non-Operating Income	-199.89	-233.55	-251.98	-156.36	-312.87
EBT Excluding Unusual Items	12,506	12,714	12,850	11,101	11,008
Other Unusual Items	2.34	2.15	-	-4.15	2.32
Pretax Income	12,509	12,716	12,850	11,097	11,011
Income Tax Expense	1.83	2.21	1.77	1.12	2.02
Net Income	12,507	12,714	12,848	11,096	11,009
Net Income to Common	12,507	12,714	12,848	11,096	11,009
Net Income Growth	-1.63%	-1.04%	15.79%	0.79%	2.40%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	-	-	-	1.28%	0.92%
EPS (Basic)	6526.46	6634.46	6704.45	5790.12	5818.16
EPS (Diluted)	6526.46	6634.46	6704.45	5790.12	5818.16
EPS Growth	-1.63%	-1.04%	15.79%	-0.48%	1.47%
Dividend Per Share	6390.000	6634.000	6070.000	-	5807.000
Dividend Growth	-3.68%	9.29%	-	-	4.14%
Operating Margin	61.70%	61.61%	62.18%	62.41%	62.89%
Profit Margin	56.54%	56.93%	57.35%	56.56%	56.74%
EBITDA	15,790	15,940	16,108	14,408	14,301
EBITDA Margin	71.38%	71.37%	71.90%	73.45%	73.70%
D&A For Ebitda	2,141	2,180	2,177	2,165	2,098
EBIT	13,649	13,759	13,931	12,243	12,203
EBIT Margin	61.70%	61.61%	62.18%	62.41%	62.89%
Effective Tax Rate	0.01%	0.02%	0.01%	0.01%	0.02%
Revenue as Reported	22,262	22,392	22,408	9,841	19,423

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.