ORIX JREIT Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Rental Revenue	49,730	45,887	44,597	43,003	41,815
Gain (Loss) on Sale of Assets (Rev)	4,221	405	4,576	3,663	520
Gain (Loss) on Sale of Investments (Rev)	4	-	-	-	-
Other Revenue	5,628	5,369	5,235	5,079	4,509
Total Revenue	59,604	51,687	54,408	51,745	46,844
Revenue Growth (YoY	15.32%	-5.00%	5.15%	10.46%	-2.12%
Property Expenses	28,519	26,266	26,258	26,043	25,009
Selling, General & Administrative	199	179	182	176	184
Other Operating Expenses	486	354	429	396	-145
Total Operating Expenses	29,204	26,799	26,869	26,615	25,048
Operating Income	30,400	24,888	27,539	25,130	21,796
Interest Expense	-2,936	-1,824	-1,630	-1,647	-1,776
Interest & Investment Income	45	15	1	1	2
Other Non-Operating Income	-577	-530	-529	-512	-529
EBT Excluding Unusual Items	26,932	22,549	25,381	22,972	19,493
Gain (Loss) on Sale of Assets	-	-	-5,910	-	-320
Pretax Income	26,932	22,549	19,471	22,972	19,173
Income Tax Expense	32	28	28	36	28
Net Income	26,900	22,521	19,443	22,936	19,145
Net Income to Common	26,900	22,521	19,443	22,936	19,145
Net Income Growth	19.44%	15.83%	-15.23%	19.80%	-6.03%
Basic Shares Outstanding	6	6	6	6	6
Diluted Shares Outstanding	6	6	6	6	6
EPS (Basic)	4873.19	4079.89	3522.28	4155.07	3468.30
EPS (Diluted)	4873.19	4079.89	3522.28	4155.07	3468.30
EPS Growth	19.44%	15.83%	-15.23%	19.80%	-6.03%
Dividend Per Share	4684.000	3905.500	3823.000	3960.000	3506.500
Dividend Growth	19.93%	2.16%	-3.46%	12.93%	-5.05%
Operating Margin	51.00%	48.15%	50.62%	48.57%	46.53%
Profit Margin	45.13%	43.57%	35.74%	44.32%	40.87%
EBITDA	38,893	32,669	35,419	33,204	30,102
EBITDA Margin	65.25%	63.20%	65.10%	64.17%	64.26%
D&A For Ebitda	8,493	7,781	7,880	8,074	8,306
EBIT	30,400	24,888	27,539	25,130	21,796
EBIT Margin	51.00%	48.15%	50.62%	48.57%	46.53%
Funds From Operations (FFO)	-	30,046	28,817	27,502	27,408
Adjusted Funds From Operations (AFFO)	-	30,046	28,817	27,502	27,408
FFO Payout Ratio	-	70.92%	-	73.35%	71.47%
Effective Tax Rate	0.12%	0.12%	0.14%	0.16%	0.15%
Revenue as Reported	59,604	51,851	54,502	51,791	47,376

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