United Urban Investment Corporation (TYO: 8960)

United Urban Investment Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022
Period Ending	May 31, 2024	May 31, 2024	Nov 30, 2023	May 31, 2023	Nov 30, 2022	May 31, 2022
Rental Revenue	50,830	50,830	50,095	49,036	47,197	46,020
Gain (Loss) on Sale of Assets (Rev)	508.23	508.23	314.23	449.54	1,421	971
Other Revenue	0	0	0	0	0	0
Total Revenue	51,338	51,338	50,409	49,486	48,618	46,991
Revenue Growth (YoY	3.74%	1.84%	1.87%	1.79%	3.46%	-0.03%
Property Expenses	26,989	26,989	27,403	27,305	26,734	26,301
Selling, General & Administrative	185.91	185.91	175.83	182.69	174.85	182.6
Other Operating Expenses	534.08	534.08	518.18	468.46	460.17	547.68
Total Operating Expenses	27,709	27,709	28,098	27,956	27,369	27,031
Operating Income	23,628	23,628	22,312	21,530	21,249	19,959
Interest Expense	-2,137	-2,137	-1,987	-1,930	-1,909	-1,885
Interest & Investment Income	0.11	0.11	0.22	0.12	0.42	0.23
Other Non-Operating Income	126.92	126.92	53.6	-26.77	0.18	25.73
EBT Excluding Unusual Items	21,618	21,618	20,379	19,574	19,340	18,100
Gain (Loss) on Sale of Assets	-83.69	-83.69	-87.71	-12.21	-17.19	-33.99
Total Insurance Settlements	3.42	3.42	7.01	32.83	37.68	25.99
Asset Writedown	-	-	-	-	-68	-1,139
Other Unusual Items	1.69	1.69	3.01	1.6	2.89	1.95
Pretax Income	21,540	21,540	20,301	19,596	19,296	16,955
Income Tax Expense	0.61	0.61	1.21	0.61	1.21	0.61
Net Income	21,539	21,539	20,300	19,595	19,294	16,954
Net Income to Common	21,539	21,539	20,300	19,595	19,294	16,954
Net Income Growth	9.92%	6.10%	3.59%	1.56%	13.80%	-1.28%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	-1.37%	-	-1.37%	-0.31%	1.06%	-
EPS (Basic)	6951.21	6951.21	6551.27	6237.29	6122.32	5436.97
EPS (Diluted)	6951.21	6951.21	6551.27	6237.29	6122.32	5436.97
EPS Growth	11.45%	6.10%	5.03%	1.88%	12.61%	-1.28%
Dividend Per Share	-	-	6600.000	-	6256.000	-
Operating Margin	46.03%	46.03%	44.26%	43.51%	43.71%	42.47%
Profit Margin	41.96%	41.96%	40.27%	39.60%	39.69%	36.08%
Free Cash Flow Margin	55.57%	55.57%	55.03%	53.43%	54.66%	55.78%
EBITDA	31,778	31,778	30,448	29,672	29,420	28,165
EBITDA Margin	61.90%	61.90%	60.40%	59.96%	60.51%	59.94%
D&A For Ebitda	8,149	8,149	8,137	8,142	8,171	8,206
EBIT	23,628	23,628	22,312	21,530	21,249	19,959
EBIT Margin	46.03%	46.03%	44.26%	43.51%	43.71%	42.47%
Funds From Operations (FFO)	14,132	14,132	28,135	26,124	26,124	24,663
Adjusted Funds From Operations (AFFO)	-	-	28,135	-	26,124	-
FFO Payout Ratio	70.78%	70.78%	70.17%	37.14%	74.14%	40.23%
Effective Tax Rate	0.00%	0.00%	0.01%	0.00%	0.01%	0.00%
Revenue as Reported	25,357	25,357	50,409	24,434	48,618	22,807

Source: S&P Capital IQ. Real Estate template. Financial Sources.