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ESCON Japan REIT Investment (TSE:2971) Net Income : 円2,276 Mil (TTM As of Jul. 2023)


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What is ESCON Japan REIT Investment Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. ESCON Japan REIT Investment's Net Income for the six months ended in Jul. 2023 was 円1,140 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jul. 2023 was 円2,276 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. ESCON Japan REIT Investment's Earnings per Share (Diluted) for the six months ended in Jul. 2023 was 円3,238.21.


ESCON Japan REIT Investment Net Income Historical Data

The historical data trend for ESCON Japan REIT Investment's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ESCON Japan REIT Investment Net Income Chart

ESCON Japan REIT Investment Annual Data
Trend Jul19 Jul20 Jul21 Jul22
Net Income
934.25 1,853.46 2,019.61 2,533.10

ESCON Japan REIT Investment Semi-Annual Data
Oct17 Apr18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,264.73 1,268.37 1,859.45 1,139.85 1,135.86

ESCON Japan REIT Investment Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

ESCON Japan REIT Investment's Net Income for the fiscal year that ended in Jul. 2022 is calculated as

Net Income(A: Jul. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2535.087+-1.987+0+-0.0019999999999527
=2,533

ESCON Japan REIT Investment's Net Income for the quarter that ended in Jul. 2023 is calculated as

Net Income(Q: Jul. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1140.536+-0.685+0+-0.0010000000002037
=1,140

Net Income for the trailing twelve months (TTM) ended in Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円2,276 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ESCON Japan REIT Investment  (TSE:2971) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

ESCON Japan REIT Investment's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jul. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


ESCON Japan REIT Investment Net Income Related Terms

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ESCON Japan REIT Investment (TSE:2971) Business Description

Traded in Other Exchanges
N/A
Address
Try Edge Ochanomizu Building, 12th Floor, 4-2-5 kandasurugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
ESCON Japan REIT Investment Corp is a Japanese real estate investment trust which invests in commercial properties. Its main investment is leasehold land properties known as "sokochi," with stable, high-quality commercial facilities occupying the site.

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