Also trades as: ADZZF (OTC) · $vol 0M

¥135,400.00 ($858.67)

-800.00 (-0.59%)

Weekly Expected Move ±1.9%

¥131043 ¥133622 ¥136200 ¥138778 ¥141357

JPX · Real Estate · REIT - Residential · Tech Score Strong Sell · Power 34 · ¥388.5B mcap · 3M float · 0.288% daily turnover

Revenue

$41.2B +11.2% ▲

5Y CAGR: +4.0%

Gross Profit

$21.7B +18.7% ▲

5Y CAGR: +1.2%

Operating Income

$20.4B +20.1% ▲

5Y CAGR: +4.0%

Net Income

$18.4B +21.2% ▲

5Y CAGR: +4.3%

EPS (Diluted)

$6435.41 +21.8% ▲

5Y CAGR: +3.7%

EBITDA

$27.8B +15.5% ▲

5Y CAGR: +4.8%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$34.6B	$39.2B	$37.4B	$37.1B	$41.2B
YoY Growth	+2.0%	+13.5%	-4.7%	-0.9%	+11.2%
Cost of Revenue	$13.7B	$20.1B	$15.8B	$18.7B	$19.5B
Gross Profit	$20.9B	$19.1B	$21.6B	$18.3B	$21.7B
Gross Margin	60.3%	48.8%	57.9%	49.4%	52.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$2.7B	$2.7B	$2.8B	$132M	$157M
Operating Expenses	$3.8B	$3.9B	$4.0B	$1.3B	$1.3B
Operating Income	$17.0B	$14M	$17.7B	$17.0B	$20.4B
Operating Margin	49.2%	0.0%	47.2%	45.8%	49.5%
Interest Expense	$1.4B	$1.4B	$1.3B	$0	$0
Income Before Tax	$15.3B	$6.3B	$15.9B	$15.1B	$18.4B
Tax Expense	$1M	$24.1B	$1M	$1M	$605K
Net Income	$15.3B	$16.0B	$15.9B	$15.1B	$18.4B
Net Margin	44.3%	40.8%	42.4%	40.9%	44.6%
EPS (Diluted)	$5523.50	$5712.84	$5696.57	$5284.79	$6435.41
EBITDA	$22.5B	$23.7B	$24.1B	$24.1B	$27.8B
Shares Outstanding	3M	3M	3M	3M	3M

Line Item	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2	FY2026 Q4
Revenue	$19.0B	$20.2B	$19.5B	$21.1B	$17.8B	$20.5B	$24.1B	$22.1B
Cost of Revenue	$9.4B	$10.7B	$9.9B	$11.6B	$340M	$9.7B	$16.8B	$15.3B
Gross Profit	$9.6B	$9.5B	$9.6B	$9.4B	$17.5B	$10.8B	$7.3B	$6.9B
Gross Margin	50.4%	47.2%	49.3%	44.7%	98.1%	52.6%	30.3%	31.0%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$64M	$4.0B	$75M	$0	$0
Operating Expenses	$628M	$742M	$688M	-$683M	$9.8B	$655M	-$3.0B	-$3.0B
Operating Income	$9.0B	$8.8B	$8.9B	$8.7B	$7.7B	$10.1B	$10.3B	$9.9B
Operating Margin	47.1%	43.5%	45.8%	41.4%	43.3%	49.4%	42.6%	44.7%
Interest Expense	$882M	$871M	$854M	$0	$82M	$0	$1.1B	$1.3B
Income Before Tax	$8.1B	$7.9B	$8.0B	$7.8B	$6.8B	$9.1B	$9.2B	$8.7B
Tax Expense	$605K	$605K	$605K	$605K	-$605K	$605K	$605K	$605K
Net Income	$8.1B	$7.9B	$8.0B	$7.8B	$6.8B	$9.1B	$9.2B	$8.7B
Net Margin	42.5%	39.3%	41.2%	37.2%	38.0%	44.5%	38.3%	39.4%
EPS (Diluted)	$2914.89	$2866.20	$2831.01	$2732.38	$2366.02	$3203.28	$3232.15	$3055.29
EBITDA	$11.9B	$12.2B	$12.4B	$12.2B	$11.2B	$13.7B	$14.0B	$13.7B
Shares Outstanding	3M	3M	3M	3M	3M	3M	3M	3M

3269.T JPX