CRE Logistics REIT Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	4,545	4,508	8,765	7,823	6,754	4,633
Gain (Loss) on Sale of Assets (Rev)	374.67	171.48	-	1,807	-	-
Other Revenue	-	-	-	0	-	-
Total Revenue	4,920	4,679	8,765	9,630	6,754	4,633
Revenue Growth (YoY	-45.28%	-46.61%	-8.99%	42.58%	45.78%	54.90%
Property Expenses	1,656	2,065	3,435	2,782	2,750	1,871
Selling, General & Administrative	26.16	25.4	48.15	48.32	50	38
Other Operating Expenses	482.98	39.88	462.76	856.22	65	50
Total Operating Expenses	2,166	2,130	3,945	3,686	2,865	1,959
Operating Income	2,754	2,549	4,819	5,944	3,889	2,674
Interest Expense	-324.77	-257.05	-495.09	-360.28	-512	-334
Interest & Investment Income	2.84	0.47	0.03	0.13	-	-
Other Non-Operating Income	-76.53	-81.29	-141.26	-211.85	-33	-48
EBT Excluding Unusual Items	2,356	2,211	4,183	5,372	3,344	2,292
Other Unusual Items	-	-	-9	-	-25	-25
Pretax Income	2,356	2,211	4,174	5,372	3,319	2,267
Income Tax Expense	0.87	0.89	1.02	1.73	-	-
Net Income to Company	-	2,210	4,173	5,370	3,319	2,267
Net Income	2,355	2,210	4,173	5,370	3,319	2,267
Net Income to Common	2,355	2,210	4,173	5,370	3,319	2,267
Net Income Growth	-44.44%	-47.03%	-22.30%	61.80%	46.41%	76.83%
Basic Shares Outstanding	1	1	1	1	1	0
Diluted Shares Outstanding	1	1	1	1	1	0
Shares Change (YoY)	-0.62%	2.57%	8.28%	9.64%	36.34%	54.79%
EPS (Basic)	3775.27	3523.84	6824.41	9509.86	6443.90	6001.04
EPS (Diluted)	3775.27	3523.84	6824.41	9509.86	6443.90	6001.04
EPS Growth	-44.10%	-48.36%	-28.24%	47.58%	7.38%	14.24%
Dividend Per Share	7609.000	7440.000	-	9851.000	-	-
Operating Margin	55.98%	54.47%	54.98%	61.72%	57.58%	57.72%
Profit Margin	47.87%	47.23%	47.61%	55.77%	49.14%	48.93%
EBITDA	3,527	3,314	6,287	7,245	5,102	3,536
EBITDA Margin	71.69%	70.82%	71.74%	75.23%	75.54%	76.32%
D&A For Ebitda	772.59	764.99	1,468	1,301	1,213	862
EBIT	2,754	2,549	4,819	5,944	3,889	2,674
EBIT Margin	55.98%	54.47%	54.98%	61.72%	57.58%	57.72%
Effective Tax Rate	0.04%	0.04%	0.02%	0.03%	-	-
Revenue as Reported	4,920	4,679	4,240	9,630	-	-

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