HOYA Corporation (TYO:7741)

Apartment Income REIT Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	876,093	866,032	762,610	723,582	661,466	547,921
Revenue Growth (YoY)	10.33%	13.56%	5.39%	9.39%	20.72%	-4.96%
Cost of Revenue	122,577	384,047	340,918	317,227	293,667	243,710
Gross Profit	753,516	481,985	421,692	406,355	367,799	304,211
Selling, General & Admin	285,601	75,614	67,890	59,978	50,775	40,474
Other Operating Expenses	-	153,673	140,570	136,210	116,082	99,807
Operating Expenses	335,154	229,287	208,460	196,188	166,857	140,281
Operating Income	418,362	252,698	213,232	210,167	200,942	163,930
Interest Expense	-1,616	-1,459	-1,925	-1,816	-1,664	-2,010
Interest & Investment Income	15,339	16,440	16,279	7,666	1,718	2,204
Earnings From Equity Investments	26	388	411	83	-45	-369
Currency Exchange Gain (Loss)	-3,882	-1,601	9,592	55	5,838	330
Other Non Operating Income (Expenses)	-157,038	410	3,234	418	619	180
EBT Excluding Unusual Items	271,191	266,876	240,823	216,573	207,408	164,265
Gain (Loss) on Sale of Investments	-	-	3,458	-	2,135	-
Gain (Loss) on Sale of Assets	-	-769	1,115	341	2,241	3,119
Asset Writedown	-8,053	-6,143	-8,831	-1,082	-1,078	-8,166
Pretax Income	263,138	259,964	236,565	215,832	210,706	159,218
Income Tax Expense	57,046	58,215	53,998	47,044	45,384	33,997
Earnings From Continuing Operations	206,092	201,749	182,567	168,788	165,322	125,221
Minority Interest in Earnings	691	352	-1,190	-150	-815	225
Net Income	206,783	202,101	181,377	168,638	164,507	125,446
Net Income to Common	206,783	202,101	181,377	168,638	164,507	125,446
Net Income Growth	8.65%	11.43%	7.55%	2.51%	31.14%	9.65%
Shares Outstanding (Basic)	346	348	352	359	368	374
Shares Outstanding (Diluted)	346	348	352	359	369	374
Shares Change (YoY)	-1.51%	-1.22%	-2.01%	-2.63%	-1.41%	-0.98%
EPS (Basic)	598.11	581.45	515.48	469.76	446.45	335.77
EPS (Diluted)	597.95	581.26	515.27	469.47	445.93	335.25
EPS Growth	10.32%	12.81%	9.76%	5.28%	33.01%	10.74%
Free Cash Flow	192,849	187,191	181,728	168,356	161,183	120,566
Free Cash Flow Per Share	557.65	538.38	516.27	468.69	436.92	322.21
Dividend Per Share	160.000	160.000	110.000	110.000	110.000	90.000
Dividend Growth	45.45%	45.45%	-	-	22.22%	-
Gross Margin	86.01%	55.65%	55.30%	56.16%	55.60%	55.52%
Operating Margin	47.75%	29.18%	27.96%	29.04%	30.38%	29.92%
Profit Margin	23.60%	23.34%	23.78%	23.31%	24.87%	22.89%
Free Cash Flow Margin	22.01%	21.62%	23.83%	23.27%	24.37%	22.00%
EBITDA	467,915	301,275	260,447	259,782	243,961	200,266
EBITDA Margin	53.41%	34.79%	34.15%	35.90%	36.88%	36.55%
D&A For EBITDA	49,553	48,577	47,215	49,615	43,019	36,336
EBIT	418,362	252,698	213,232	210,167	200,942	163,930
EBIT Margin	47.75%	29.18%	27.96%	29.04%	30.38%	29.92%
Effective Tax Rate	21.68%	22.39%	22.83%	21.80%	21.54%	21.35%
Advertising Expenses	-	20,976	18,257	16,004	13,186	9,999

Updated Feb 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.