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	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Rental Revenue	7,242	7,233	7,087	6,309	6,232
Gain (Loss) on Sale of Assets (Rev)	-	148	-	195	122
Other Revenue	0	-	0	0	-
Total Revenue	7,242	7,381	7,087	6,504	6,354
Revenue Growth (YoY	-1.88%	4.15%	8.96%	2.35%	-5.22%
Property Expenses	3,854	3,796	3,727	3,346	3,292
Selling, General & Administrative	44.31	50.06	58.45	54.85	68
Other Operating Expenses	271.67	263.45	240.72	239.49	252
Total Operating Expenses	4,170	4,110	4,026	3,640	3,612
Operating Income	3,072	3,271	3,061	2,863	2,742
Interest Expense	-618.73	-582.56	-499.76	-411.51	-430
Interest & Investment Income	44.18	7.13	0.02	0.02	-
Other Non-Operating Income	-89.63	-48.65	-44.98	-25.86	4
EBT Excluding Unusual Items	2,408	2,647	2,516	2,426	2,316
Gain (Loss) on Sale of Assets	354.32	143.51	122.21	69.38	-
Total Insurance Settlements	1.5	6.8	11.59	5.78	-
Other Unusual Items	-	-2	-2	-	-
Pretax Income	2,764	2,796	2,648	2,501	2,316
Income Tax Expense	2.74	8.91	14.97	2.97	2
Net Income	2,761	2,787	2,633	2,498	2,314
Net Income to Common	2,761	2,787	2,633	2,498	2,314
Net Income Growth	-0.91%	5.83%	5.39%	7.96%	-16.88%
Basic Shares Outstanding	0	0	0	0	0
Diluted Shares Outstanding	0	0	0	0	0
Shares Change (YoY)	-3.56%	-	11.31%	-	-
EPS (Basic)	10136.10	9864.97	9321.31	9844.52	9118.24
EPS (Diluted)	10136.10	9864.97	9321.31	9844.52	9118.24
EPS Growth	2.75%	5.83%	-5.32%	7.96%	-16.88%
Dividend Per Share	10720.000	-	-	-	-
Operating Margin	42.42%	44.32%	43.19%	44.03%	43.15%
Profit Margin	38.13%	37.76%	37.16%	38.41%	36.42%
EBITDA	4,480	4,658	4,417	4,163	4,042
EBITDA Margin	61.86%	63.11%	62.33%	64.01%	63.61%
D&A For Ebitda	1,407	1,387	1,356	1,300	1,300
EBIT	3,072	3,271	3,061	2,863	2,742
EBIT Margin	42.42%	44.32%	43.19%	44.03%	43.15%
Effective Tax Rate	0.10%	0.32%	0.56%	0.12%	0.09%
Revenue as Reported	7,596	3,756	3,677	3,224	-

Updated Jan 28, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.