Star Asia Investment Corporation (TYO:3468)

Star Asia Investment Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2024	FY 2023
Period Ending	Jan 31, 2025	Jan 31, 2024	Jul 31, 2024	Jan 31, 2024	Jul 31, 2023
Rental Revenue	18,572	15,050	15,573	15,050	12,966
Gain (Loss) on Sale of Assets (Rev)	644	748	374.52	748	414
Other Revenue	164	130	130.44	130	51.86
Total Revenue	19,380	15,928	16,078	15,928	13,432
Revenue Growth (YoY	21.67%	-0.93%	0.94%	18.58%	6.82%
Property Expenses	8,022	6,918	7,105	6,918	6,184
Selling, General & Administrative	114	100	54.4	100	46.4
Other Operating Expenses	298	292	269.77	292	246.2
Total Operating Expenses	8,434	7,310	7,429	7,310	6,477
Operating Income	10,946	8,618	8,649	8,618	6,956
Interest Expense	-1,856	-1,522	-1,117	-1,522	-898.44
Interest & Investment Income	2	-	0.06	-	0.06
Other Non-Operating Income	-6	-2	-316.9	-2	-191.12
EBT Excluding Unusual Items	9,086	7,094	7,215	7,094	5,866
Other Unusual Items	-42	-40	-18.42	-40	-10.52
Pretax Income	9,044	7,054	7,196	7,054	5,856
Income Tax Expense	-	-	0.61	-	0.61
Net Income	9,044	7,054	7,196	7,054	5,855
Net Income to Common	9,044	7,054	7,196	7,054	5,855
Net Income Growth	28.21%	-1.97%	2.01%	20.48%	9.63%
Basic Shares Outstanding	3	2	2	2	2
Diluted Shares Outstanding	3	2	2	2	2
Shares Change (YoY)	13.68%	-1.04%	1.05%	21.23%	3.57%
EPS (Basic)	3424.75	3036.52	3065.30	3036.52	3055.34
EPS (Diluted)	3424.75	3036.52	3065.30	3036.52	3055.34
EPS Growth	12.78%	-0.94%	0.95%	-0.62%	5.84%
Operating Margin	56.48%	54.11%	53.79%	54.11%	51.78%
Profit Margin	46.67%	44.29%	44.76%	44.29%	43.59%
EBITDA	13,278	10,588	10,668	10,588	8,475
EBITDA Margin	68.51%	66.47%	66.35%	66.47%	63.10%
D&A For Ebitda	2,332	1,970	2,020	1,970	1,520
EBIT	10,946	8,618	8,649	8,618	6,956
EBIT Margin	56.48%	54.11%	53.79%	54.11%	51.78%
Funds From Operations (FFO)	-	-	4,116	-	-
FFO Payout Ratio	-	-	74.04%	-	-
Effective Tax Rate	-	-	0.01%	-	0.01%
Revenue as Reported	-	-	7,965	-	6,486

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.