TYO:8975 Income Statement

Financials in millions JPY. Fiscal year is November - October.

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Rental Revenue	16,400	15,933	15,793	15,534	15,569
Gain (Loss) on Sale of Assets (Rev)	3,107	1,357	4,499	940.11	-
Other Revenue	0	0	0	0	0
Total Revenue	19,507	17,291	20,296	16,476	15,569
Revenue Growth (YoY	12.81%	-14.80%	23.18%	5.83%	-3.44%
Property Expenses	8,022	7,908	8,742	8,020	7,465
Selling, General & Administrative	116.3	113.35	112.6	100.86	97.26
Other Operating Expenses	204.02	184.37	336.2	142.91	120.44
Total Operating Expenses	8,342	8,206	9,191	8,264	7,683
Operating Income	11,165	9,086	11,104	8,212	7,886
Interest Expense	-1,267	-1,124	-977.31	-902.45	-973.24
Interest & Investment Income	31.61	2.13	0.23	0.22	0.23
Other Non-Operating Income	-612.28	-568.24	-641.34	-619.82	-591.36
EBT Excluding Unusual Items	9,318	7,396	9,486	6,690	6,322
Total Insurance Settlements	27.85	8.97	-	1.22	-
Other Unusual Items	1.07	1.08	1.19	1.65	1.93
Pretax Income	9,347	7,406	9,487	6,693	6,324
Income Tax Expense	1.21	1.21	1.21	1.21	1.21
Net Income	9,346	7,405	9,486	6,692	6,322
Net Income to Common	9,346	7,405	9,486	6,692	6,322
Net Income Growth	26.21%	-21.94%	41.75%	5.85%	-8.22%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	0.10%	2.31%	-	-0.30%	-0.94%
EPS (Basic)	6029.68	4782.13	6268.06	4421.94	4165.37
EPS (Diluted)	6029.68	4782.13	6268.06	4421.94	4165.37
EPS Growth	26.09%	-23.71%	41.75%	6.16%	-7.35%
Dividend Per Share	6045.000	4891.000	6339.000	4560.000	4317.000
Dividend Growth	23.59%	-22.84%	39.01%	5.63%	-1.73%
Operating Margin	57.24%	52.54%	54.71%	49.84%	50.65%
Profit Margin	47.91%	42.82%	46.74%	40.62%	40.61%
EBITDA	13,140	11,049	13,027	10,016	9,644
EBITDA Margin	67.36%	63.90%	64.19%	60.79%	61.94%
D&A For Ebitda	1,974	1,963	1,923	1,804	1,758
EBIT	11,165	9,086	11,104	8,212	7,886
EBIT Margin	57.24%	52.54%	54.71%	49.84%	50.65%
Effective Tax Rate	0.01%	0.02%	0.01%	0.02%	0.02%
Revenue as Reported	19,507	17,291	20,296	16,476	15,569

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