Nippon Building Fund Inc. (TYO:8951)

Nippon Building Fund Income Statement

Financials in millions JPY. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Rental Revenue	85,756	84,130	83,403	81,993	78,193
Gain (Loss) on Sale of Assets (Rev)	9,585	6,951	4,076	12,988	2,912
Other Revenue	6,615	6,383	6,638	6,104	5,662
Total Revenue	101,956	97,464	94,117	101,085	86,767
Revenue Growth (YoY	4.61%	3.56%	-6.89%	16.50%	12.04%
Property Expenses	36,679	35,551	35,636	33,634	31,173
Depreciation & Amortization	15,515	15,910	15,790	15,152	14,580
Other Operating Expenses	615	588	444	-792	-519
Total Operating Expenses	52,809	52,049	51,870	47,994	45,234
Operating Income	49,147	45,415	42,247	53,091	41,533
Interest Expense	-2,896	-2,480	-2,544	-2,598	-2,501
Interest & Investment Income	10	-	-	-	-
Other Non-Operating Income	-50	-78	-80	-54	-332
EBT Excluding Unusual Items	46,211	42,857	39,623	50,439	38,700
Gain (Loss) on Sale of Assets	-	-	-	-3,273	-
Pretax Income	46,211	42,857	39,623	47,166	38,700
Net Income	46,211	42,857	39,623	47,166	38,700
Net Income to Common	46,211	42,857	39,623	47,166	38,700
Net Income Growth	7.83%	8.16%	-15.99%	21.88%	24.60%
Basic Shares Outstanding	9	9	9	8	8
Diluted Shares Outstanding	9	9	9	8	8
Shares Change (YoY)	-	-	1.59%	6.26%	11.59%
EPS (Basic)	5433.42	5039.06	4658.81	5634.08	4912.12
EPS (Diluted)	5433.42	5039.06	4658.81	5634.08	4912.12
EPS Growth	7.83%	8.16%	-17.31%	14.70%	11.65%
Dividend Per Share	4957.000	4916.400	4600.000	5064.800	4536.800
Dividend Growth	0.83%	6.88%	-9.18%	11.64%	3.12%
Operating Margin	48.20%	46.60%	44.89%	52.52%	47.87%
Profit Margin	45.32%	43.97%	42.10%	46.66%	44.60%
EBITDA	64,662	61,325	58,037	68,243	56,113
EBITDA Margin	63.42%	62.92%	61.67%	67.51%	64.67%
D&A For Ebitda	15,515	15,910	15,790	15,152	14,580
EBIT	49,147	45,415	42,247	53,091	41,533
EBIT Margin	48.20%	46.60%	44.89%	52.52%	47.87%
Funds From Operations (FFO)	52,140	51,815	51,339	52,605	50,406
Adjusted Funds From Operations (AFFO)	42,508	51,815	51,339	52,605	50,406
FFO Payout Ratio	82.83%	75.50%	82.74%	73.92%	66.83%
Revenue as Reported	102,028	97,603	94,396	102,549	87,960

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