Activia Properties Inc. (TYO:3279)

Activia Properties Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	May 31, 2025	Nov 30, 2024	May 31, 2024	Nov 30, 2023	May 31, 2023	Nov 30, 2022
Rental Revenue	29,232	28,807	29,371	27,920	28,788	28,184
Gain (Loss) on Sale of Assets (Rev)	5.54	490.31	2,751	4,650	3,355	967.22
Other Revenue	2,352	2,321	1,132	2,256	1,517	2,539
Total Revenue	31,589	31,619	33,254	34,827	33,660	31,691
Revenue Growth (YoY	-5.01%	-4.92%	-4.52%	3.47%	6.21%	1.71%
Property Expenses	15,489	15,101	14,870	14,950	14,496	13,848
Selling, General & Administrative	87.91	87.08	102.37	89.17	101.98	86.11
Other Operating Expenses	161.89	192.98	252.31	324.93	315.3	209.35
Total Operating Expenses	15,739	15,381	15,225	15,364	14,913	14,144
Operating Income	15,850	16,238	18,029	19,463	18,747	17,547
Interest Expense	-1,755	-1,623	-1,744	-1,507	-1,679	-1,423
Interest & Investment Income	11.25	1.84	0.75	0.84	0.08	0.17
Other Non-Operating Income	-425.34	-429.12	-218.7	-427.68	-213.02	-391.54
EBT Excluding Unusual Items	13,681	14,187	16,068	17,529	16,855	15,733
Total Insurance Settlements	-	-	0.16	0.88	-	0.52
Asset Writedown	-19.44	-23.41	-29.11	-47.83	-	-1.1
Pretax Income	13,662	14,164	16,039	17,482	16,855	15,732
Income Tax Expense	1.5	1.49	0.61	16.5	167.83	156.2
Net Income	13,660	14,162	16,038	17,465	16,687	15,576
Net Income to Common	13,660	14,162	16,038	17,465	16,687	15,576
Net Income Growth	-14.83%	-11.69%	-8.17%	4.66%	7.14%	0.59%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	-1.38%	-0.95%	-0.74%	-0.32%	-0.42%	1.10%
EPS (Basic)	5748.48	5934.23	6655.92	7194.32	6852.17	6368.90
EPS (Diluted)	5748.48	5934.23	6655.92	7194.32	6852.17	6368.90
EPS Growth	-13.64%	-10.84%	-7.48%	4.99%	7.59%	-0.50%
Dividend Per Share	11831.000	6221.667	-	6495.333	-	6270.000
Operating Margin	50.18%	51.35%	54.22%	55.88%	55.69%	55.37%
Profit Margin	43.24%	44.79%	48.23%	50.15%	49.58%	49.15%
EBITDA	19,018	19,326	21,051	22,403	21,588	20,291
EBITDA Margin	60.20%	61.12%	63.30%	64.33%	64.13%	64.03%
D&A For Ebitda	3,168	3,088	3,022	2,941	2,841	2,744
EBIT	15,850	16,238	18,029	19,463	18,747	17,547
EBIT Margin	50.18%	51.35%	54.22%	55.88%	55.69%	55.37%
Effective Tax Rate	0.01%	0.01%	0.00%	0.09%	1.00%	0.99%
Revenue as Reported	31,589	31,619	17,344	34,827	16,178	31,691

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.