LogProstyle Inc. Reports 46.2% Revenue Increase and 120.8% Net Income Growth for Fiscal Year Ending March 31, 2025

Reuters
07 Jul
LogProstyle Inc. Reports 46.2% Revenue Increase and 120.8% Net Income Growth for Fiscal Year Ending March 31, 2025

LogProstyle Inc. has reported its financial results for the fiscal year ended March 31, 2025. The company achieved total revenues of approximately $20.65 billion, marking an increase of 46.2% compared to $14.12 billion in the previous fiscal year. The cost of revenues also rose by 49.0% to $17.09 billion from $11.47 billion. Consequently, the gross profit climbed to $3.56 billion, up 34.2% from $2.65 billion. Operating income for the year reached $1.34 billion, reflecting a significant increase of 43.0% from $938.5 million in the prior year. However, the company faced other expenses, with other income (expense), net improving by 53.6%, resulting in a net figure of $(194.3 million) compared to $(418.5 million) the previous year. Net income before tax surged by 120.8% to $1.15 billion, up from $520 million in the previous fiscal year. This substantial growth underscores the company's enhanced profitability and operational efficiency. In terms of business operations, LogProstyle Inc.'s subsidiary, LogSuite, and Prostyle continue to derive a significant portion of their revenue from property sales in Tokyo. The company noted a competitive residential property market in Tokyo, with limited availability of pre-owned condominium units and land for acquisition. The company did not provide specific future financial guidance or outlook within the released report.

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