Hulic Reit Income Statement

Financials in millions JPY. Fiscal year is September - August.

Millions JPY. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Rental Revenue	22,567	21,307	20,614	20,126	19,818	19,271
Gain (Loss) on Sale of Assets (Rev)	2,216	2,620	798.63	492.75	1,292	1,465
Other Revenue	652.18	1,311	1,416	1,283	1,399	940.3
Total Revenue	25,435	25,238	22,828	21,901	22,509	21,676
Revenue Growth (YoY	6.15%	10.56%	4.23%	-2.70%	3.84%	7.13%
Property Expenses	10,826	10,955	10,289	9,929	9,596	9,215
Selling, General & Administrative	128.88	114.13	112.98	109.4	112.65	110.56
Other Operating Expenses	528.86	439.97	399.56	354.14	350.99	354.32
Total Operating Expenses	11,484	11,509	10,801	10,393	10,059	9,680
Operating Income	13,951	13,730	12,027	11,508	12,449	11,996
Interest Expense	-1,738	-1,437	-1,229	-1,114	-1,068	-1,052
Interest & Investment Income	52.08	35.79	2.47	0.2	0.76	0.19
Other Non-Operating Income	-190.53	-383.93	-382.26	-407.77	-381.24	-374.87
EBT Excluding Unusual Items	12,075	11,945	10,418	9,987	11,001	10,569
Other Unusual Items	0.36	0.76	0.68	0.57	0.58	0.49
Pretax Income	12,075	11,946	10,418	9,988	11,002	10,569
Income Tax Expense	0.61	1.21	1.21	36.02	180.6	159.24
Net Income	12,075	11,945	10,417	9,952	10,821	10,410
Net Income to Common	12,075	11,945	10,417	9,952	10,821	10,410
Net Income Growth	7.95%	14.66%	4.68%	-8.04%	3.95%	7.15%
Basic Shares Outstanding	1	1	1	1	1	1
Diluted Shares Outstanding	1	1	1	1	1	1
Shares Change (YoY)	-	-	-	0.97%	7.38%	1.57%
EPS (Basic)	8385.16	8294.88	7234.18	6910.80	7587.07	7837.25
EPS (Diluted)	8385.16	8294.88	7234.18	6910.80	7587.07	7837.25
EPS Growth	7.95%	14.66%	4.68%	-8.91%	-3.19%	5.49%
Dividend Per Share	4000.000	8000.000	7237.000	6960.000	7300.000	7602.000
Dividend Growth	-47.74%	10.54%	3.98%	-4.66%	-3.97%	2.62%
Operating Margin	54.85%	54.40%	52.68%	52.55%	55.31%	55.34%
Profit Margin	47.47%	47.33%	45.63%	45.44%	48.08%	48.02%
EBITDA	16,788	16,578	14,817	14,180	15,053	14,471
EBITDA Margin	66.00%	65.69%	64.91%	64.74%	66.88%	66.76%
D&A For Ebitda	2,836	2,849	2,790	2,672	2,604	2,475
EBIT	13,951	13,730	12,027	11,508	12,449	11,996
EBIT Margin	54.85%	54.40%	52.68%	52.55%	55.31%	55.34%
Effective Tax Rate	0.01%	0.01%	0.01%	0.36%	1.64%	1.51%
Revenue as Reported	12,782	25,238	22,828	21,901	22,509	21,676

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.