Starts Proceed Investment Corporation (TYO:8979)

Starts Proceed Investment Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Rental Revenue	7,242	7,145	6,709	6,271	6,221
Gain (Loss) on Sale of Assets (Rev)	-	-	-	-	291
Other Revenue	-	-	0	0	-
Total Revenue	7,242	7,145	6,709	6,271	6,512
Revenue Growth (YoY	1.35%	6.51%	6.99%	-3.71%	-3.65%
Property Expenses	3,854	3,776	3,557	3,315	3,260
Selling, General & Administrative	44.31	46.06	50.1	50.72	71
Other Operating Expenses	271.67	258.17	218.09	250.39	235
Total Operating Expenses	4,170	4,080	3,825	3,616	3,566
Operating Income	3,072	3,065	2,884	2,654	2,946
Interest Expense	-618.73	-484.21	-414.13	-358.78	-418
Interest & Investment Income	44.18	0.15	0.03	0.03	-
Other Non-Operating Income	-89.63	-94.11	-86.7	-78.17	27
EBT Excluding Unusual Items	2,408	2,487	2,383	2,217	2,555
Gain (Loss) on Sale of Assets	354.32	143.51	317.72	130.66	-
Total Insurance Settlements	1.5	13.53	25.74	11.34	-
Other Unusual Items	-	-	-	-	22
Pretax Income	2,764	2,644	2,726	2,359	2,577
Income Tax Expense	2.74	15.77	9.95	3.93	2
Net Income	2,761	2,628	2,716	2,355	2,575
Net Income to Common	2,761	2,628	2,716	2,355	2,575
Net Income Growth	5.07%	-3.25%	15.32%	-8.53%	-9.17%
Basic Shares Outstanding	0	0	0	0	0
Diluted Shares Outstanding	0	0	0	0	0
Shares Change (YoY)	-0.01%	5.35%	5.66%	-	-
EPS (Basic)	9776.02	9303.68	10130.32	9280.91	10146.70
EPS (Diluted)	9776.02	9303.68	10130.32	9280.91	10146.70
EPS Growth	5.08%	-8.16%	9.15%	-8.53%	-9.17%
Dividend Per Share	10720.000	9985.000	11638.000	9281.000	-
Dividend Growth	7.36%	-14.20%	25.40%	-	-
Operating Margin	42.42%	42.90%	42.98%	42.33%	45.24%
Profit Margin	38.13%	36.78%	40.49%	37.56%	39.54%
EBITDA	4,480	4,405	4,225	3,948	4,249
EBITDA Margin	61.86%	61.65%	62.97%	62.95%	65.25%
D&A For Ebitda	1,407	1,340	1,341	1,293	1,303
EBIT	3,072	3,065	2,884	2,654	2,946
EBIT Margin	42.42%	42.90%	42.98%	42.33%	45.24%
Effective Tax Rate	0.10%	0.60%	0.36%	0.17%	0.08%
Revenue as Reported	7,596	7,289	7,026	6,401	-

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.