TYO:2971 Cash Flow Statement

Financials in millions JPY. Fiscal year is February - January.

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	2018 - 2022
Period Ending	Jan '25 Jan 31, 2025	Jul '24 Jul 31, 2024	Jan '24 Jan 31, 2024	Jul '23 Jul 31, 2023	Jan '23 Jan 31, 2023	2018 - 2022
Net Income	2,422	2,307	2,277	2,280	3,720	Upgrade
Depreciation & Amortization	410.41	389.4	372.55	368	360	Upgrade
Change in Accounts Receivable	-11.76	-4.3	0.06	-88	16	Upgrade
Change in Accounts Payable	292.32	-116.99	-38.02	18	-614	Upgrade
Change in Other Net Operating Assets	8,047	57.23	-10.57	-	-	Upgrade
Other Operating Activities	264.26	8,121	-1.45	-32	-134	Upgrade
Operating Cash Flow	11,425	10,753	2,600	2,546	3,348	Upgrade
Operating Cash Flow Growth	6.24%	313.64%	2.11%	-23.96%	-23.00%	Upgrade
Acquisition of Real Estate Assets	-9,542	-9,427	-174.34	-202	-208	Upgrade
Net Sale / Acq. of Real Estate Assets	-9,542	-9,427	-174.34	-202	-208	Upgrade
Other Investing Activities	151.02	96.74	-13.29	-	10	Upgrade
Investing Cash Flow	-9,391	-9,330	-187.64	-202	-198	Upgrade
Long-Term Debt Issued	-	-	4,610	-	-	Upgrade
Total Debt Issued	-	4,610	4,610	-	-	Upgrade
Long-Term Debt Repaid	-	-	-4,610	-	-	Upgrade
Total Debt Repaid	-	-4,610	-4,610	-	-	Upgrade
Issuance of Common Stock	1,061	1,061	-	-	-	Upgrade
Common Dividends Paid	-1,135	-1,142	-3,000	-	-	Upgrade
Common & Preferred Dividends Paid	-1,172	-1,135	-	-3,716	-2,538	Upgrade
Total Dividends Paid	-2,307	-2,277	-3,000	-3,716	-2,538	Upgrade
Other Financing Activities	-	1	-	-	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	-1	-0.01	-	-2	Upgrade
Net Cash Flow	788	206.82	-588.33	-1,372	610	Upgrade
Cash Interest Paid	240.37	182.23	161.89	160	164	Upgrade
Cash Income Tax Paid	1.68	0.66	1.87	2	-	Upgrade
Levered Free Cash Flow	-	-	-	1,304	1,966	Upgrade
Unlevered Free Cash Flow	-	-	-	1,445	2,175	Upgrade
Change in Net Working Capital	66.26	335	11.74	290	-319	Upgrade

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.