Activia Properties Income Statement

Financials in millions JPY. Fiscal year is December - November.

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	2016 - 2020
Rental Revenue	29,764	28,807	27,920	28,184	30,112	Upgrade
Gain (Loss) on Sale of Assets (Rev)	51.6	490.31	4,650	967.22	250.32	Upgrade
Other Revenue	2,604	2,321	2,256	2,539	0	Upgrade
Total Revenue	32,420	31,619	34,827	31,691	30,362	Upgrade
Revenue Growth (YoY	2.53%	-9.21%	9.90%	4.38%	1.01%	Upgrade
Property Expenses	15,564	15,101	14,950	13,848	13,179	Upgrade
Selling, General & Administrative	92.16	87.08	89.17	86.11	82.67	Upgrade
Other Operating Expenses	162.28	192.98	324.93	209.35	227.99	Upgrade
Total Operating Expenses	15,819	15,381	15,364	14,144	13,489	Upgrade
Operating Income	16,601	16,238	19,463	17,547	16,873	Upgrade
Interest Expense	-1,873	-1,623	-1,507	-1,423	-1,351	Upgrade
Interest & Investment Income	27.11	1.84	0.84	0.17	0.17	Upgrade
Other Non-Operating Income	-429.25	-429.12	-427.68	-391.54	-477.2	Upgrade
EBT Excluding Unusual Items	14,326	14,187	17,529	15,733	15,045	Upgrade
Total Insurance Settlements	-	-	0.88	0.52	0.86	Upgrade
Asset Writedown	-15.43	-23.41	-47.83	-1.1	-13.09	Upgrade
Pretax Income	14,310	14,164	17,482	15,732	15,032	Upgrade
Income Tax Expense	1.22	1.49	16.5	156.2	29.15	Upgrade
Net Income	14,309	14,162	17,465	15,576	15,003	Upgrade
Net Income to Common	14,309	14,162	17,465	15,576	15,003	Upgrade
Net Income Growth	1.04%	-18.91%	12.13%	3.82%	2.09%	Upgrade
Basic Shares Outstanding	2	2	2	2	2	Upgrade
Diluted Shares Outstanding	2	2	2	2	2	Upgrade
Shares Change (YoY)	-0.43%	-1.69%	-0.73%	4.11%	1.53%	Upgrade
EPS (Basic)	6021.56	5934.23	7194.32	6368.90	6386.66	Upgrade
EPS (Diluted)	6021.56	5934.23	7194.32	6368.90	6386.66	Upgrade
EPS Growth	1.47%	-17.52%	12.96%	-0.28%	0.55%	Upgrade
Dividend Per Share	6023.000	6221.667	6495.333	6270.000	6253.667	Upgrade
Dividend Growth	-3.19%	-4.21%	3.59%	0.26%	-1.35%	Upgrade
Operating Margin	51.21%	51.35%	55.88%	55.37%	55.57%	Upgrade
Profit Margin	44.14%	44.79%	50.15%	49.15%	49.41%	Upgrade
EBITDA	19,838	19,326	22,403	20,291	19,600	Upgrade
EBITDA Margin	61.19%	61.12%	64.33%	64.03%	64.55%	Upgrade
D&A For Ebitda	3,237	3,088	2,941	2,744	2,727	Upgrade
EBIT	16,601	16,238	19,463	17,547	16,873	Upgrade
EBIT Margin	51.21%	51.35%	55.88%	55.37%	55.57%	Upgrade
Effective Tax Rate	0.01%	0.01%	0.09%	0.99%	0.19%	Upgrade
Revenue as Reported	32,420	31,619	34,827	31,691	30,362	Upgrade

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.