GLP J-REIT (TYO:3281)

GLP J-REIT Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Rental Revenue	25,494	52,148	51,467	47,785	45,942	40,299
Gain (Loss) on Sale of Assets (Rev)	-	3,265	128	-	-	-
Other Revenue	-	-	-	0	0	-
Total Revenue	25,494	55,413	51,595	47,785	45,942	40,299
Revenue Growth (YoY	-51.00%	7.40%	7.97%	4.01%	14.00%	6.20%
Property Expenses	12,485	24,766	24,500	23,456	21,016	18,317
Selling, General & Administrative	57.01	120.67	112.65	97.54	92.72	87.56
Other Operating Expenses	168.35	358.39	262.27	255.11	222.11	217.22
Total Operating Expenses	12,710	25,245	24,875	23,808	21,331	18,622
Operating Income	12,784	30,169	26,720	23,977	24,612	21,677
Interest Expense	-1,477	-2,884	-2,991	-1,888	-1,834	-1,633
Interest & Investment Income	76.42	28.03	5.38	0.32	2.34	2.11
Other Non-Operating Income	-405.18	-434.45	-89	-832.67	-780.52	-769.19
EBT Excluding Unusual Items	10,978	26,879	23,645	21,257	22,000	19,277
Gain (Loss) on Sale of Assets	6,640	1,113	2,183	3,456	2,701	1,572
Total Insurance Settlements	-616.52	616.52	244.84	5,048	-	21.11
Other Unusual Items	107.85	441.37	666	-179.34	-4,417	-258.15
Pretax Income	17,106	29,049	26,740	29,582	20,283	20,612
Income Tax Expense	0.65	1.1	0.62	2.02	2.22	2.2
Net Income	17,105	29,048	26,739	29,580	20,281	20,610
Net Income to Common	17,105	29,048	26,739	29,580	20,281	20,610
Net Income Growth	-35.95%	8.63%	-9.60%	45.85%	-1.60%	11.48%
Basic Shares Outstanding	5	5	5	5	4	4
Diluted Shares Outstanding	5	5	5	5	4	4
Shares Change (YoY)	-1.74%	-0.00%	6.59%	1.78%	3.38%	13.31%
EPS (Basic)	3548.09	5963.46	5489.25	6472.39	4516.53	4744.88
EPS (Diluted)	3548.09	5963.46	5489.25	6472.39	4516.53	4744.88
EPS Growth	-34.82%	8.64%	-15.19%	43.30%	-4.81%	-1.62%
Dividend Per Share	7077.000	-	-	6185.000	6217.000	5820.000
Dividend Growth	19.58%	-	-	-0.52%	6.82%	7.56%
Operating Margin	50.14%	54.44%	51.79%	50.18%	53.57%	53.79%
Profit Margin	67.09%	52.42%	51.82%	61.90%	44.14%	51.14%
EBITDA	16,996	39,058	35,791	32,585	33,185	29,458
EBITDA Margin	66.66%	70.48%	69.37%	68.19%	72.23%	73.10%
D&A For Ebitda	4,212	8,889	9,071	8,608	8,574	7,781
EBIT	12,784	30,169	26,720	23,977	24,612	21,677
EBIT Margin	50.14%	54.44%	51.79%	50.18%	53.57%	53.79%
Funds From Operations (FFO)	-17,370	17,370	16,363	34,731	15,749	26,832
Adjusted Funds From Operations (AFFO)	-	-	-	34,731	15,749	26,832
FFO Payout Ratio	-	77.82%	90.25%	80.41%	169.33%	79.30%
Effective Tax Rate	0.00%	0.00%	0.00%	0.01%	0.01%	0.01%
Revenue as Reported	32,134	27,449	27,955	51,241	48,643	41,871

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