AEON REIT Investment Income Statement

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

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '25 Jul 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Rental Revenue	42,097	41,985	41,732	39,793	37,368	35,015
Gain (Loss) on Sale of Assets (Rev)	297	-	-	-	2.74	-
Other Revenue	368	183	166	-	139	-
Total Revenue	42,762	42,351	42,062	40,109	37,625	35,276
Revenue Growth (YoY	1.29%	0.69%	4.87%	6.60%	6.66%	6.09%
Property Expenses	26,062	23,865	25,602	24,535	20,780	21,370
Selling, General & Administrative	193	165.81	164.94	136.41	152.35	121.64
Other Operating Expenses	262	2,598	276.26	255.34	2,251	198.75
Total Operating Expenses	26,517	26,628	26,043	24,927	23,184	21,691
Operating Income	16,245	15,723	16,019	15,182	14,441	13,585
Interest Expense	-2,090	-1,856	-1,712	-1,441	-1,448	-1,293
Interest & Investment Income	20	3.18	0.15	3.6	0.12	0.63
Currency Exchange Gain (Loss)	-	0.23	0.12	0.84	-	0.45
Other Non-Operating Income	-55	-224.9	-171.37	-338.95	-260.72	-406.64
EBT Excluding Unusual Items	14,120	13,646	14,135	13,407	12,732	11,887
Total Insurance Settlements	-	302.26	-	862.86	424.67	58.03
Other Unusual Items	-185	-489	-97.12	-654.24	-627.09	-24.46
Pretax Income	13,935	13,459	14,038	13,615	12,530	11,920
Income Tax Expense	-	0.61	0.61	1.21	0.61	1.21
Net Income	13,935	13,459	14,038	13,614	12,529	11,919
Net Income to Common	13,935	13,459	14,038	13,614	12,529	11,919
Net Income Growth	2.55%	-4.12%	3.11%	8.66%	5.12%	5.95%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	-0.71%	-0.19%	3.88%	4.80%	4.14%	3.14%
EPS (Basic)	6607.53	6349.57	6609.82	6658.99	6422.57	6362.54
EPS (Diluted)	6607.53	6349.57	6609.82	6658.99	6422.57	6362.54
EPS Growth	3.28%	-3.94%	-0.74%	3.68%	0.94%	2.73%
Dividend Per Share	-	-	-	6557.000	-	6362.000
Operating Margin	37.99%	37.13%	38.08%	37.85%	38.38%	38.51%
Profit Margin	32.59%	31.78%	33.37%	33.94%	33.30%	33.79%
EBITDA	26,886	26,428	26,942	25,531	24,384	22,889
EBITDA Margin	62.87%	62.40%	64.05%	63.65%	64.81%	64.89%
D&A For Ebitda	10,641	10,705	10,923	10,349	9,944	9,304
EBIT	16,245	15,723	16,019	15,182	14,441	13,585
EBIT Margin	37.99%	37.13%	38.08%	37.85%	38.38%	38.51%
Funds From Operations (FFO)	-	-	12,550	-	10,562	21,222
Adjusted Funds From Operations (AFFO)	-	-	-	-	-	21,222
FFO Payout Ratio	-	-	110.15%	-	113.22%	55.17%
Effective Tax Rate	-	0.00%	0.00%	0.01%	0.01%	0.01%
Revenue as Reported	-	21,161	21,008	-	17,697	35,276

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