Activia Properties Inc. (TYO:3279)

Activia Properties Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May 31, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021	Nov 30, 2020
Rental Revenue	30,288	28,807	27,920	28,184	30,112	29,887
Gain (Loss) on Sale of Assets (Rev)	-	490.31	4,650	967.22	250.32	170.53
Other Revenue	1,302	2,321	2,256	2,539	0	0
Total Revenue	31,589	31,619	34,827	31,691	30,362	30,058
Revenue Growth (YoY	-5.01%	-9.21%	9.90%	4.38%	1.01%	-1.08%
Property Expenses	15,487	15,101	14,950	13,848	13,179	13,305
Selling, General & Administrative	101.5	87.08	89.17	86.11	82.67	80.73
Other Operating Expenses	164.25	192.98	324.93	209.35	227.99	228.79
Total Operating Expenses	15,752	15,381	15,364	14,144	13,489	13,614
Operating Income	15,837	16,238	19,463	17,547	16,873	16,444
Interest Expense	-1,967	-1,623	-1,507	-1,423	-1,351	-1,386
Interest & Investment Income	10.73	1.84	0.84	0.17	0.17	0.15
Other Non-Operating Income	-214.32	-429.12	-427.68	-391.54	-477.2	-368.24
EBT Excluding Unusual Items	13,667	14,187	17,529	15,733	15,045	14,690
Total Insurance Settlements	-	-	0.88	0.52	0.86	16.87
Asset Writedown	-6.08	-23.41	-47.83	-1.1	-13.09	-9.23
Pretax Income	13,661	14,164	17,482	15,732	15,032	14,697
Income Tax Expense	0.88	1.49	16.5	156.2	29.15	1.77
Net Income	13,660	14,162	17,465	15,576	15,003	14,696
Net Income to Common	13,660	14,162	17,465	15,576	15,003	14,696
Net Income Growth	-14.83%	-18.91%	12.13%	3.82%	2.09%	-5.45%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	-34.25%	-1.69%	-0.73%	4.11%	1.53%	0.50%
EPS (Basic)	8622.35	5934.23	7194.32	6368.90	6386.66	6351.67
EPS (Diluted)	8622.35	5934.23	7194.32	6368.90	6386.66	6351.67
EPS Growth	29.54%	-17.52%	12.96%	-0.28%	0.55%	-5.93%
Dividend Per Share	3100.000	6221.667	6495.333	6270.000	6253.667	6339.333
Dividend Growth	-50.99%	-4.21%	3.59%	0.26%	-1.35%	-5.64%
Operating Margin	50.13%	51.35%	55.88%	55.37%	55.57%	54.71%
Profit Margin	43.24%	44.79%	50.15%	49.15%	49.41%	48.89%
EBITDA	19,011	19,326	22,403	20,291	19,600	19,114
EBITDA Margin	60.18%	61.12%	64.33%	64.03%	64.55%	63.59%
D&A For Ebitda	3,174	3,088	2,941	2,744	2,727	2,670
EBIT	15,837	16,238	19,463	17,547	16,873	16,444
EBIT Margin	50.13%	51.35%	55.88%	55.37%	55.57%	54.71%
Effective Tax Rate	0.01%	0.01%	0.09%	0.99%	0.19%	0.01%
Revenue as Reported	15,708	31,619	34,827	31,691	30,362	30,058

Updated May 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.