ORIX JREIT Inc. (TYO:8954)

ORIX JREIT Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Rental Revenue	47,066	45,887	44,597	43,003	41,815	43,350
Gain (Loss) on Sale of Assets (Rev)	1,477	405	4,576	3,663	520	58
Other Revenue	5,491	5,369	5,235	5,079	4,509	4,449
Total Revenue	54,060	51,687	54,408	51,745	46,844	47,857
Revenue Growth (YoY	-1.35%	-5.00%	5.15%	10.46%	-2.12%	-5.56%
Property Expenses	27,028	26,266	26,258	26,043	25,009	24,667
Selling, General & Administrative	182	179	182	176	184	176
Other Operating Expenses	459	354	429	396	-145	55
Total Operating Expenses	27,669	26,799	26,869	26,615	25,048	24,898
Operating Income	26,391	24,888	27,539	25,130	21,796	22,959
Interest Expense	-2,321	-1,824	-1,630	-1,647	-1,776	-1,902
Interest & Investment Income	33	15	1	1	2	2
Other Non-Operating Income	-558	-530	-529	-512	-529	-528
EBT Excluding Unusual Items	23,545	22,549	25,381	22,972	19,493	20,531
Gain (Loss) on Sale of Assets	-	-	-5,910	-	-320	-
Other Unusual Items	-	-	-	-	-	-131
Pretax Income	23,545	22,549	19,471	22,972	19,173	20,400
Income Tax Expense	34	28	28	36	28	27
Net Income	23,511	22,521	19,443	22,936	19,145	20,373
Net Income to Common	23,511	22,521	19,443	22,936	19,145	20,373
Net Income Growth	2.02%	15.83%	-15.23%	19.80%	-6.03%	-8.88%
Basic Shares Outstanding	6	6	6	6	6	6
Diluted Shares Outstanding	6	6	6	6	6	6
EPS (Basic)	4259.24	4079.89	3522.28	4155.07	3468.30	3690.76
EPS (Diluted)	4259.24	4079.89	3522.28	4155.07	3468.30	3690.76
EPS Growth	2.02%	15.83%	-15.23%	19.80%	-6.03%	-8.88%
Dividend Per Share	6535.500	3905.500	3823.000	3960.000	3506.500	3693.000
Dividend Growth	69.27%	2.16%	-3.46%	12.93%	-5.05%	-5.46%
Operating Margin	48.82%	48.15%	50.62%	48.57%	46.53%	47.97%
Profit Margin	43.49%	43.57%	35.74%	44.32%	40.87%	42.57%
EBITDA	34,457	32,669	35,419	33,204	30,102	31,243
EBITDA Margin	63.74%	63.20%	65.10%	64.17%	64.26%	65.28%
D&A For Ebitda	8,066	7,781	7,880	8,074	8,306	8,284
EBIT	26,391	24,888	27,539	25,130	21,796	22,959
EBIT Margin	48.82%	48.15%	50.62%	48.57%	46.53%	47.97%
Funds From Operations (FFO)	14,975	30,046	28,817	27,502	27,408	28,753
Adjusted Funds From Operations (AFFO)	-	30,046	28,817	27,502	27,408	28,753
FFO Payout Ratio	143.93%	70.92%	-	73.35%	71.47%	75.79%
Effective Tax Rate	0.14%	0.12%	0.14%	0.16%	0.15%	0.13%
Revenue as Reported	54,065	51,851	54,502	51,791	47,376	48,151

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