TYO:8952 Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	2016 - 2020
Rental Revenue	72,690	70,832	67,969	68,834	69,022	Upgrade
Gain (Loss) on Sale of Assets (Rev)	13,126	13,162	7,518	4,684	2,546	Upgrade
Other Revenue	-	-	401.7	235.88	178.72	Upgrade
Total Revenue	85,816	83,994	75,889	73,754	71,746	Upgrade
Revenue Growth (YoY	2.17%	10.68%	2.90%	2.80%	1.12%	Upgrade
Property Expenses	43,192	40,095	40,170	38,262	36,281	Upgrade
Selling, General & Administrative	404	2,687	498.33	492.59	452.46	Upgrade
Other Operating Expenses	640	254	130.52	-150.26	139.6	Upgrade
Total Operating Expenses	44,236	43,036	40,799	38,604	36,873	Upgrade
Operating Income	41,580	40,958	35,090	35,150	34,873	Upgrade
Interest Expense	-2,448	-1,100	-1,743	-1,729	-1,840	Upgrade
Interest & Investment Income	36	3	10.28	9.63	0.14	Upgrade
Other Non-Operating Income	146	-1,028	-101.53	15.29	-50.2	Upgrade
EBT Excluding Unusual Items	39,314	38,833	33,256	33,445	32,983	Upgrade
Other Unusual Items	-	-	3.69	2.71	1.5	Upgrade
Pretax Income	39,314	38,833	33,259	33,448	32,985	Upgrade
Income Tax Expense	1,588	1,357	22.82	611.78	558.83	Upgrade
Net Income	37,726	37,476	33,236	32,836	32,426	Upgrade
Net Income to Common	37,726	37,476	33,236	32,836	32,426	Upgrade
Net Income Growth	0.67%	12.76%	1.22%	1.26%	3.42%	Upgrade
Basic Shares Outstanding	7	7	7	7	7	Upgrade
Diluted Shares Outstanding	7	7	7	7	7	Upgrade
Shares Change (YoY)	-	1.40%	1.30%	-	-	Upgrade
EPS (Basic)	5302.83	5267.69	4737.03	4740.94	4681.71	Upgrade
EPS (Diluted)	5302.83	5267.69	4737.03	4740.94	4681.71	Upgrade
EPS Growth	0.67%	11.20%	-0.08%	1.26%	3.42%	Upgrade
Dividend Per Share	-	-	4733.400	4580.000	-	Upgrade
Dividend Growth	-	-	3.35%	-	-	Upgrade
Operating Margin	48.45%	48.76%	46.24%	47.66%	48.61%	Upgrade
Profit Margin	43.96%	44.62%	43.80%	44.52%	45.20%	Upgrade
EBITDA	53,800	53,256	47,550	47,752	47,681	Upgrade
EBITDA Margin	62.69%	63.41%	62.66%	64.74%	66.46%	Upgrade
D&A For Ebitda	12,220	12,298	12,460	12,602	12,808	Upgrade
EBIT	41,580	40,958	35,090	35,150	34,873	Upgrade
EBIT Margin	48.45%	48.76%	46.24%	47.66%	48.61%	Upgrade
Funds From Operations (FFO)	-	18,457	38,177	40,753	22,089	Upgrade
Adjusted Funds From Operations (AFFO)	-	-	38,177	40,753	-	Upgrade
FFO Payout Ratio	-	-	84.05%	77.34%	70.62%	Upgrade
Effective Tax Rate	4.04%	3.49%	0.07%	1.83%	1.69%	Upgrade
Revenue as Reported	-	41,414	75,973	74,108	34,944	Upgrade

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