TYO:3481 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	16,154	15,773	15,519	14,660	11,306	9,156
Gain (Loss) on Sale of Assets (Rev)	-	1,366	1,395	-	-	-
Other Revenue	40.24	11.1	-	-	0	0
Total Revenue	16,194	17,149	16,914	14,660	11,306	9,156
Revenue Growth (YoY	-11.39%	1.39%	15.38%	29.67%	23.47%	39.97%
Property Expenses	7,148	7,281	7,205	6,561	4,972	4,052
Selling, General & Administrative	401.78	386.77	56	205.69	280.42	242.07
Other Operating Expenses	108.15	129.74	452	259.66	82.87	100.44
Total Operating Expenses	7,658	7,798	7,713	7,026	5,335	4,394
Operating Income	8,536	9,352	9,201	7,634	5,970	4,762
Interest Expense	-875.62	-756.78	-646	-524.41	-300.52	-221.44
Interest & Investment Income	28.45	21.24	1	0.54	0.12	0.93
Other Non-Operating Income	-20.27	-14.41	-4	-170.27	-169.15	-85.08
EBT Excluding Unusual Items	7,669	8,602	8,552	6,939	5,501	4,456
Asset Writedown	-	-	-	-	-15.16	-
Other Unusual Items	-	-	-	-	36.39	-
Pretax Income	7,669	8,602	8,552	6,939	5,522	4,456
Income Tax Expense	1.7	1.88	-	0.98	1.76	1.76
Net Income	7,667	8,600	8,552	6,938	5,520	4,455
Net Income to Common	7,667	8,600	8,552	6,938	5,520	4,455
Net Income Growth	-20.37%	0.56%	23.25%	25.69%	23.92%	35.57%
Basic Shares Outstanding	1	2	2	1	1	1
Diluted Shares Outstanding	1	2	2	1	1	1
Shares Change (YoY)	-1.22%	-0.38%	1.65%	17.82%	13.95%	23.12%
EPS (Basic)	5138.65	5715.27	5661.87	4669.54	4377.38	4025.17
EPS (Diluted)	5138.65	5715.27	5661.87	4669.54	4377.38	4025.17
EPS Growth	-19.39%	0.94%	21.25%	6.67%	8.75%	10.11%
Dividend Per Share	5664.333	6003.000	-	-	4842.333	4461.000
Dividend Growth	-11.14%	-	-	-	8.55%	-
Operating Margin	52.71%	54.53%	54.40%	52.07%	52.81%	52.01%
Profit Margin	47.34%	50.15%	50.56%	47.33%	48.83%	48.65%
EBITDA	11,343	12,113	11,925	10,197	7,954	6,418
EBITDA Margin	70.04%	70.63%	70.50%	69.56%	70.35%	70.09%
D&A For Ebitda	2,806	2,761	2,724	2,563	1,984	1,656
EBIT	8,536	9,352	9,201	7,634	5,970	4,762
EBIT Margin	52.71%	54.53%	54.40%	52.07%	52.81%	52.01%
Effective Tax Rate	0.02%	0.02%	-	0.01%	0.03%	0.04%
Revenue as Reported	16,194	17,149	-	7,150	11,306	9,156

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