TYO:8953 Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Rental Revenue	86,204	82,012	78,060	78,680	75,834	58,453
Gain (Loss) on Sale of Assets (Rev)	8,267	4,179	3,460	3,176	4,639	2,913
Other Revenue	675	-	406	1	1	-
Total Revenue	95,639	87,150	82,284	82,444	80,958	61,366
Revenue Growth (YoY	17.04%	5.91%	-0.19%	1.84%	31.93%	-9.01%
Property Expenses	46,683	44,835	44,040	44,336	42,435	32,989
Selling, General & Administrative	355	317	349	316	291	258
Other Operating Expenses	1,661	1,090	1,409	827	932	513
Total Operating Expenses	49,100	47,044	46,199	46,281	44,460	33,760
Operating Income	46,539	40,106	36,085	36,163	36,498	27,606
Interest Expense	-4,543	-3,619	-3,636	-3,174	-3,303	-2,657
Interest & Investment Income	62	21	-	-	-	-
Other Non-Operating Income	-426	-829	-382	-696	-599	-670
EBT Excluding Unusual Items	41,632	35,679	32,067	32,293	32,596	24,279
Merger & Restructuring Charges	-	-	-	-	-356	-267
Gain (Loss) on Sale of Assets	-	-	-	-420	-1,767	-
Asset Writedown	-126	-184	-	-187	-	-
Other Unusual Items	-10	-	-	-	-	-
Pretax Income	41,496	35,495	32,067	31,686	30,473	24,012
Net Income	41,496	35,495	32,067	31,686	30,473	24,012
Net Income to Common	41,496	35,495	32,067	31,686	30,473	24,012
Net Income Growth	30.85%	10.69%	1.20%	3.98%	26.91%	-6.25%
Basic Shares Outstanding	7	7	7	7	7	5
Diluted Shares Outstanding	7	7	7	7	7	5
Shares Change (YoY)	4.47%	2.92%	-	-	34.13%	-0.48%
EPS (Basic)	5685.89	4934.79	4588.15	4533.64	4360.08	4608.04
EPS (Diluted)	5685.89	4934.79	4588.15	4533.64	4360.08	4608.04
EPS Growth	25.25%	7.56%	1.20%	3.98%	-5.38%	-5.80%
Dividend Per Share	2808.000	5114.000	-	4576.000	4570.000	4500.000
Dividend Growth	-38.64%	-	-	0.13%	1.56%	0.78%
Operating Margin	48.66%	46.02%	43.85%	43.86%	45.08%	44.99%
Profit Margin	43.39%	40.73%	38.97%	38.43%	37.64%	39.13%
EBITDA	58,732	52,195	48,447	48,828	49,519	38,458
EBITDA Margin	61.41%	59.89%	58.88%	59.23%	61.17%	62.67%
D&A For Ebitda	12,193	12,089	12,362	12,665	13,021	10,852
EBIT	46,539	40,106	36,085	36,163	36,498	27,606
EBIT Margin	48.66%	46.02%	43.85%	43.86%	45.08%	44.99%
Revenue as Reported	46,315	87,151	41,405	82,444	80,958	61,366

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.