HEIWA REAL ESTATE CO.,LTD. (8803.T) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	50.9B	50.9B	42.1B	44.4B	44.5B
Cost of Revenue	8.3B	29.5B	23.0B	25.9B	28.2B
Gross Profit	4.9B	21.3B	19.0B	18.6B	16.3B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	1.4B	6.2B	5.8B	5.5B	5.5B
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	1.4B	6.2B	5.8B	5.5B	5.5B
Cost and Expenses	35.7B	35.7B	28.9B	31.4B	33.7B
Operating Income (EBIT)	15.1B	15.1B	13.2B	13.0B	10.8B
Non-Operating
Interest Income	11.0M	79.0M	18.0M	17.0M	6.0M
Interest Expense	596.0M	2.5B	1.9B	1.7B	1.5B
Net Interest Income	(585.0M)	(2.4B)	(1.9B)	(1.6B)	(1.5B)
Other Non-Op Income/Expense	(325.0M)	(2.1B)	(1.5B)	(1.6B)	(1.1B)
Non-Operating Income (excl Interest)	334.0M	663.0M	557.0M	427.0M	569.0M
EBT (Pre-Tax Income)	3.6B	15.9B	12.4B	12.4B	13.3B
Income Tax Expense	1.4B	4.9B	2.9B	4.0B	4.1B
Bottom Line
Net Income	11.0B	11.0B	9.6B	8.4B	9.1B
Earnings from Cont. Ops	—	—	—	—	—
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	11.0B	11.0B	9.6B	8.4B	9.1B
Per Share
Basic EPS	¥165	¥166	¥283	¥236	¥254
Diluted EPS	¥165	¥166	—	—	—
Revenue Per Share	¥763	¥763	¥1,245	¥1,242	¥1,239
Shares
Basic Shares Outstanding	66.6M	66.6M	33.8M	35.8M	35.9M
Diluted Shares Outstanding	—	—	—	—	—
Profitability Metrics
EBITDA	—	20.9B	18.8B	18.8B	16.5B
D&A	—	5.8B	5.6B	5.8B	5.7B
EBIT	15.1B	15.1B	13.2B	13.0B	10.8B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026