Japan Logistics Fund Income Statement

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

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Rental Revenue	21,482	20,167	20,286	19,769	17,902
Gain (Loss) on Sale of Assets (Rev)	2,102	1,285	-	-	-
Other Revenue	-	-	-	-	468.43
Total Revenue	23,584	21,452	20,286	19,769	18,371
Revenue Growth (YoY	9.94%	5.75%	2.61%	7.61%	-23.72%
Property Expenses	9,776	9,498	9,434	9,044	8,764
Selling, General & Administrative	142	141	141	141	89.21
Other Operating Expenses	251	213	171	168	129.62
Total Operating Expenses	10,169	9,852	9,746	9,353	8,982
Operating Income	13,415	11,600	10,540	10,416	9,388
Interest Expense	-915	-864	-861	-850	-729
Interest & Investment Income	16	-	-	-	1.49
Other Non-Operating Income	-11	-12	-8	-7	-71.21
EBT Excluding Unusual Items	12,505	10,724	9,671	9,559	8,590
Asset Writedown	-	-	-	-	-265.52
Other Unusual Items	-	-	-	-42	-
Pretax Income	12,505	10,724	9,671	9,517	8,324
Income Tax Expense	-	-	-	1	1.93
Net Income	12,505	10,724	9,671	9,516	8,322
Net Income to Common	12,505	10,724	9,671	9,516	8,322
Net Income Growth	16.61%	10.89%	1.63%	14.35%	-40.01%
Basic Shares Outstanding	3	2	3	3	3
Diluted Shares Outstanding	3	2	3	3	3
Shares Change (YoY)	47.91%	-33.61%	0.13%	3.02%	-
EPS (Basic)	4546.61	5767.03	3452.97	3401.97	3064.98
EPS (Diluted)	4546.61	5767.03	3452.97	3401.97	3064.98
EPS Growth	-21.16%	67.02%	1.50%	11.00%	-40.01%
Dividend Per Share	-	-	-	-	3223.667
Operating Margin	56.88%	54.07%	51.96%	52.69%	51.11%
Profit Margin	53.02%	49.99%	47.67%	48.14%	45.30%
EBITDA	17,079	15,350	14,334	14,242	13,151
EBITDA Margin	72.42%	71.56%	70.66%	72.04%	71.59%
D&A For Ebitda	3,664	3,750	3,794	3,826	3,763
EBIT	13,415	11,600	10,540	10,416	9,388
EBIT Margin	56.88%	54.07%	51.96%	52.69%	51.11%
Funds From Operations (FFO)	-	-	-	-	12,348
Adjusted Funds From Operations (AFFO)	-	-	-	-	12,348
FFO Payout Ratio	-	-	-	-	70.38%
Effective Tax Rate	-	-	-	0.01%	0.02%
Revenue as Reported	-	-	-	-	18,424

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