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	15,568
Gain (Loss) on Sale of Assets (Rev)	3,107	1,357	4,498	940.11	-
Other Revenue	-	-	1	0	0
Total Revenue	19,507	17,291	20,295	16,476	15,568
Revenue Growth (YoY	12.81%	-14.80%	23.17%	5.83%	-3.45%
Property Expenses	8,006	7,892	8,727	8,020	6,791
Selling, General & Administrative	130.44	126.51	126.89	100.86	111.63
Other Operating Expenses	205.37	186.32	337.66	142.91	779.62
Total Operating Expenses	8,341	8,205	9,191	8,264	7,683
Operating Income	11,165	9,086	11,104	8,212	7,885
Interest Expense	-1,560	-1,411	-1,257	-902.45	-1,259
Interest & Investment Income	30.87	2.1	0.11	0.22	0.12
Other Non-Operating Income	-319.41	-259.57	-361.26	-619.82	-305.24
EBT Excluding Unusual Items	9,317	7,418	9,485	6,690	6,321
Total Insurance Settlements	27.85	7.91	-	1.22	-
Other Unusual Items	0.5	-21.38	0.51	1.65	0.86
Pretax Income	9,345	7,405	9,486	6,693	6,322
Income Tax Expense	0.61	0.61	0.61	1.21	0.61
Net Income	9,345	7,404	9,485	6,692	6,322
Net Income to Common	9,345	7,404	9,485	6,692	6,322
Net Income Growth	26.21%	-21.94%	41.74%	5.86%	-8.22%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	1.24%	1.16%	-	-0.30%	-0.94%
EPS (Basic)	6029.18	4836.55	6267.55	4421.94	4164.89
EPS (Diluted)	6029.18	4836.55	6267.55	4421.94	4164.89
EPS Growth	24.66%	-22.83%	41.74%	6.17%	-7.35%
Dividend Per Share	-	-	-	4560.000	-
Operating Margin	57.24%	52.55%	54.71%	49.84%	50.65%
Profit Margin	47.91%	42.82%	46.74%	40.62%	40.61%
EBITDA	13,139	11,049	13,025	10,016	9,643
EBITDA Margin	67.36%	63.90%	64.18%	60.79%	61.94%
D&A For Ebitda	1,974	1,963	1,922	1,804	1,758
EBIT	11,165	9,086	11,104	8,212	7,885
EBIT Margin	57.24%	52.55%	54.71%	49.84%	50.65%
Effective Tax Rate	0.01%	0.01%	0.01%	0.02%	0.01%
Revenue as Reported	10,236	8,068	12,381	16,476	7,725

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