Mitsubishi Estate Logistics REIT Investment Corporation (TYO:3481)

TYO:3481 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023
Period Ending	Feb 28, 2025	Aug 31, 2024	Feb 29, 2024	Aug 31, 2023	Feb 28, 2023
Rental Revenue	15,486	15,546	15,492	15,020	13,426
Gain (Loss) on Sale of Assets (Rev)	2,730	2,790	-	-	-
Total Revenue	18,216	18,336	15,492	15,020	13,426
Revenue Growth (YoY	-0.65%	18.36%	3.14%	11.87%	-10.61%
Property Expenses	7,432	7,462	6,948	6,954	5,832
Selling, General & Administrative	62	58	54	54	183.37
Other Operating Expenses	454	484	420	412	247.37
Total Operating Expenses	7,948	8,004	7,422	7,420	6,263
Operating Income	10,268	10,332	8,070	7,600	7,163
Interest Expense	-690	-662	-630	-584	-418.29
Interest & Investment Income	14	2	-	0.54	0.06
Other Non-Operating Income	-6	-4	-4	-4	-168.99
EBT Excluding Unusual Items	9,586	9,668	7,436	7,012	6,576
Other Unusual Items	-	-	-	-	-163
Pretax Income	9,586	9,668	7,436	7,012	6,413
Income Tax Expense	-	-	-	0.98	0.85
Net Income	9,586	9,668	7,436	7,012	6,412
Net Income to Common	9,586	9,668	7,436	7,012	6,412
Net Income Growth	-0.85%	30.02%	6.05%	9.36%	-8.56%
Basic Shares Outstanding	1	2	2	2	1
Diluted Shares Outstanding	1	2	2	2	1
Shares Change (YoY)	-66.67%	-	-	7.50%	-6.98%
EPS (Basic)	19039.30	6400.72	4923.02	4642.31	4563.35
EPS (Diluted)	19039.30	6400.72	4923.02	4642.31	4563.35
EPS Growth	197.46%	30.02%	6.05%	1.73%	-1.70%
Operating Margin	56.37%	56.35%	52.09%	50.60%	53.35%
Profit Margin	52.62%	52.73%	48.00%	46.68%	47.76%
EBITDA	13,002	13,062	10,788	10,234	9,505
EBITDA Margin	71.38%	71.24%	69.64%	68.14%	70.80%
D&A For Ebitda	2,734	2,730	2,718	2,634	2,342
EBIT	10,268	10,332	8,070	7,600	7,163
EBIT Margin	56.37%	56.35%	52.09%	50.60%	53.35%
Effective Tax Rate	-	-	-	0.01%	0.01%
Revenue as Reported	-	-	-	7,150	6,277

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