Daiwa House REIT Investment Corporation (TYO:8984)

TYO:8984 Income Statement

Financials in millions JPY. Fiscal year is September - August.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb 28, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Rental Revenue	57,995	60,465	59,061	58,297	54,623	51,326
Gain (Loss) on Sale of Assets (Rev)	-	1,431	-	-	-	-
Other Revenue	2,885	-	0	-	0	-
Total Revenue	60,880	61,896	59,061	58,297	54,623	51,326
Revenue Growth (YoY	2.81%	4.80%	1.31%	6.73%	6.42%	7.52%
Property Expenses	30,353	29,572	28,696	28,478	26,908	24,494
Selling, General & Administrative	209.3	242.73	201.15	203.15	210.91	205.27
Other Operating Expenses	866.89	5,149	893.51	913.56	897.08	833.3
Total Operating Expenses	35,393	36,946	33,754	33,562	31,980	29,499
Operating Income	25,487	24,951	25,307	24,735	22,643	21,827
Interest Expense	-3,115	-3,320	-2,702	-2,548	-2,397	-2,348
Interest & Investment Income	25.06	2.21	0.46	3.29	4.73	2.1
Other Non-Operating Income	-651.44	-318.53	-628.63	-813.97	-606.74	-735.66
EBT Excluding Unusual Items	21,745	21,314	21,976	21,376	19,644	18,746
Gain (Loss) on Sale of Assets	3,786	0.07	349.96	1,336	3,045	308.38
Asset Writedown	-2,326	-889.44	-	-	-	-
Other Unusual Items	18.5	9.25	23.24	23.96	30.26	8.94
Pretax Income	23,223	20,434	22,349	22,736	22,720	19,063
Income Tax Expense	1.82	0.61	1.21	1.21	1.21	1.21
Net Income	23,222	20,433	22,348	22,735	22,718	19,062
Net Income to Common	23,222	20,433	22,348	22,735	22,718	19,062
Net Income Growth	7.49%	-8.57%	-1.70%	0.07%	19.18%	7.31%
Basic Shares Outstanding	5	5	5	5	4	4
Diluted Shares Outstanding	5	5	5	5	4	4
Shares Change (YoY)	-0.57%	-0.13%	0.03%	5.62%	2.85%	6.74%
EPS (Basic)	5033.52	4409.66	4816.42	4901.18	5172.66	4463.81
EPS (Diluted)	5033.52	4409.66	4816.42	4901.18	5172.66	4463.81
EPS Growth	8.11%	-8.45%	-1.73%	-5.25%	15.88%	0.53%
Dividend Per Share	6441.000	-	5646.000	5719.500	5987.000	5733.500
Dividend Growth	13.46%	-	-1.29%	-4.47%	4.42%	2.38%
Operating Margin	41.86%	40.31%	42.85%	42.43%	41.45%	42.53%
Profit Margin	38.14%	33.01%	37.84%	39.00%	41.59%	37.14%
EBITDA	40,645	40,284	40,499	39,979	37,151	35,773
EBITDA Margin	66.76%	65.08%	68.57%	68.58%	68.01%	69.70%
D&A For Ebitda	15,159	15,334	15,193	15,245	14,508	13,946
EBIT	25,487	24,951	25,307	24,735	22,643	21,827
EBIT Margin	41.86%	40.31%	42.85%	42.43%	41.45%	42.53%
Effective Tax Rate	0.01%	0.00%	0.01%	0.01%	0.01%	0.01%
Revenue as Reported	64,666	29,643	59,411	59,633	57,669	51,632

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