TYO:8986 Income Statement

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Rental Revenue	25,272	24,783	23,865	22,700	21,299
Gain (Loss) on Sale of Assets (Rev)	4,581	2,657	802	-	-
Other Revenue	-	0	-	-	-
Total Revenue	29,853	27,439	24,667	22,700	21,299
Revenue Growth (YoY	8.80%	11.24%	8.67%	6.58%	6.98%
Property Expenses	12,570	12,014	11,655	10,640	9,535
Selling, General & Administrative	477.18	862.75	438.05	666.36	375.71
Other Operating Expenses	821.64	865.85	766.75	723.07	1,196
Total Operating Expenses	13,870	13,747	12,860	12,033	11,107
Operating Income	15,984	13,692	11,807	10,666	10,192
Interest Expense	-2,036	-1,333	-1,304	-1,093	-1,156
Interest & Investment Income	3.37	0.23	0.01	0.02	0.01
Other Non-Operating Income	-132.88	-340.77	-151.42	-298.21	-145.66
EBT Excluding Unusual Items	13,818	12,018	10,352	9,276	8,890
Pretax Income	13,818	12,018	10,352	9,276	8,890
Income Tax Expense	0.61	1.21	0.61	1.21	0.61
Net Income	13,818	12,017	10,352	9,274	8,889
Net Income to Common	13,818	12,017	10,352	9,274	8,889
Net Income Growth	14.98%	16.09%	11.62%	4.33%	-5.35%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	-0.04%	6.26%	2.53%	4.09%	14.61%
EPS (Basic)	5754.77	5003.00	4579.40	4206.55	4196.95
EPS (Diluted)	5754.77	5003.00	4579.40	4206.55	4196.95
EPS Growth	15.03%	9.25%	8.86%	0.23%	-17.42%
Dividend Per Share	-	4700.000	-	4360.000	-
Operating Margin	53.54%	49.90%	47.87%	46.99%	47.85%
Profit Margin	46.28%	43.80%	41.97%	40.86%	41.74%
EBITDA	21,520	19,044	17,142	15,674	15,093
EBITDA Margin	72.09%	69.40%	69.49%	69.05%	70.86%
D&A For Ebitda	5,537	5,352	5,335	5,007	4,901
EBIT	15,984	13,692	11,807	10,666	10,192
EBIT Margin	53.54%	49.90%	47.87%	46.99%	47.85%
Effective Tax Rate	0.00%	0.01%	0.01%	0.01%	0.01%
Revenue as Reported	15,191	27,439	11,898	22,700	10,488

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