TYO:3492 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	10,404	10,205	8,105	7,210	6,319	4,936
Gain (Loss) on Sale of Assets (Rev)	753	724	-	137.58	968.9	643.46
Other Revenue	-	-	186.61	151.28	287.66	356.62
Total Revenue	11,157	10,929	8,292	7,499	7,576	5,936
Revenue Growth (YoY	14.62%	31.81%	10.57%	-1.02%	27.63%	1.89%
Property Expenses	4,025	3,865	3,217	2,924	2,589	2,204
Selling, General & Administrative	4	4	4.4	4.4	4.8	4.8
Other Operating Expenses	369	332	221.4	219.19	312.75	157.58
Total Operating Expenses	4,398	4,201	3,443	3,148	2,907	2,366
Operating Income	6,759	6,728	4,849	4,351	4,669	3,570
Interest Expense	-1,342	-1,202	-671.06	-589.19	-361.34	-274.55
Interest & Investment Income	17	11	0.04	0.04	0.94	0.08
Other Non-Operating Income	-1	-	-131.24	-120.75	-222.99	-171.72
EBT Excluding Unusual Items	5,433	5,537	4,047	3,641	4,086	3,124
Gain (Loss) on Sale of Assets	-	-	-	-	-555.21	-3.03
Total Insurance Settlements	-	-	0.3	0.41	3.44	1.9
Other Unusual Items	-32	-36	-18	-13	-	-
Pretax Income	5,401	5,501	4,029	3,629	3,534	3,122
Income Tax Expense	113	142	50.89	50.83	6.13	82.09
Net Income	5,288	5,359	3,978	3,578	3,528	3,040
Net Income to Common	5,288	5,359	3,978	3,578	3,528	3,040
Net Income Growth	10.60%	34.72%	11.19%	1.41%	16.05%	-2.08%
Basic Shares Outstanding	1	1	1	1	1	0
Diluted Shares Outstanding	1	1	1	1	1	0
Shares Change (YoY)	8.24%	23.24%	10.70%	15.60%	24.32%	0.07%
EPS (Basic)	5805.76	5910.01	5406.43	5382.79	6135.92	6573.60
EPS (Diluted)	5805.76	5910.01	5406.43	5382.79	6135.92	6573.60
EPS Growth	2.19%	9.31%	0.44%	-12.27%	-6.66%	-2.15%
Dividend Per Share	-	-	-	-	6128.000	6256.000
Dividend Growth	-	-	-	-	-2.05%	-
Operating Margin	60.58%	61.56%	58.48%	58.02%	61.63%	60.14%
Profit Margin	47.40%	49.04%	47.98%	47.71%	46.57%	51.22%
EBITDA	8,259	8,203	6,028	5,382	5,544	4,230
EBITDA Margin	74.02%	75.06%	72.69%	71.77%	73.18%	71.26%
D&A For Ebitda	1,500	1,475	1,179	1,030	874.39	660.36
EBIT	6,759	6,728	4,849	4,351	4,669	3,570
EBIT Margin	60.58%	61.56%	58.48%	58.02%	61.63%	60.14%
Funds From Operations (FFO)	-	-	2,405	-	-	-
FFO Payout Ratio	-	-	151.97%	-	-	-
Effective Tax Rate	2.09%	2.58%	1.26%	1.40%	0.17%	2.63%
Revenue as Reported	-	-	3,892	3,613	7,576	5,936

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