Tosei Reit Investment Corporation (TYO:3451)

Tosei Reit Investment Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 30, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Rental Revenue	7,355	7,239	7,003	6,739	6,372	6,093
Gain (Loss) on Sale of Assets (Rev)	-	-	-	-	96	-
Total Revenue	7,355	7,239	7,003	6,739	6,468	6,093
Revenue Growth (YoY	3.62%	3.37%	3.92%	4.19%	6.16%	15.88%
Property Expenses	3,638	3,592	3,515	3,324	3,082	2,878
Selling, General & Administrative	51	51	48	51	46	47
Other Operating Expenses	170	164	153	163	154	133
Total Operating Expenses	3,859	3,807	3,716	3,538	3,282	3,058
Operating Income	3,496	3,432	3,287	3,201	3,186	3,035
Interest Expense	-637	-614	-589	-581	-550	-507
Other Non-Operating Income	-11	-16	-16	-19	-20	-27
EBT Excluding Unusual Items	2,852	2,802	2,682	2,601	2,616	2,501
Pretax Income	2,852	2,802	2,682	2,601	2,616	2,501
Income Tax Expense	1	-	-	-	37	-
Net Income	2,851	2,802	2,682	2,601	2,579	2,501
Net Income to Common	2,851	2,802	2,682	2,601	2,579	2,501
Net Income Growth	4.17%	4.47%	3.11%	0.85%	3.12%	11.50%
Basic Shares Outstanding	0	0	0	0	0	0
Diluted Shares Outstanding	0	0	0	0	0	0
Shares Change (YoY)	2.54%	3.03%	1.14%	5.28%	0.80%	19.43%
EPS (Basic)	7573.26	7500.84	7397.25	7255.45	7574.04	7403.77
EPS (Diluted)	7573.26	7500.84	7397.25	7255.45	7574.04	7403.77
EPS Growth	1.59%	1.40%	1.95%	-4.21%	2.30%	-6.64%
Operating Margin	47.53%	47.41%	46.94%	47.50%	49.26%	49.81%
Profit Margin	38.76%	38.71%	38.30%	38.60%	39.87%	41.05%
EBITDA	4,440	4,358	4,151	4,033	3,945	3,735
EBITDA Margin	60.37%	60.20%	59.27%	59.85%	60.99%	61.30%
D&A For Ebitda	944	926	864	832	759	700
EBIT	3,496	3,432	3,287	3,201	3,186	3,035
EBIT Margin	47.53%	47.41%	46.94%	47.50%	49.26%	49.81%
Effective Tax Rate	0.03%	-	-	-	1.41%	-

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