SANKEI REAL ESTATE Inc. (TYO:2972)

SANKEI REAL ESTATE Cash Flow Statement

Financials in millions JPY. Fiscal year is September - August.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY	FY 2023
Period Ending	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Mar 31, 2023	Aug 31, 2023
Net Income	2,249	2,144	2,207	-	2,207
Depreciation & Amortization	646.45	639.57	624.09	-	624.09
Other Amortization	-	7.76	6.96	-	6.96
Change in Accounts Receivable	6.23	-1.11	-0.78	-	-0.78
Change in Accounts Payable	-21.58	-234.75	-35.79	-	-35.79
Change in Other Net Operating Assets	2,945	33,951	-150.07	-	-150.07
Other Operating Activities	9.42	-141.23	242.85	-	242.85
Operating Cash Flow	5,835	36,365	2,894	-	2,894
Operating Cash Flow Growth	-83.95%	1156.62%	-	-	-21.95%
Acquisition of Real Estate Assets	-192.6	-27,806	-7,152	-	-7,152
Net Sale / Acq. of Real Estate Assets	-192.6	-27,806	-7,152	-	-7,152
Other Investing Activities	-50.85	-485.01	-531.45	-	-531.45
Investing Cash Flow	-243.45	-28,291	-7,684	-	-7,684
Long-Term Debt Issued	9,100	-	-	-	-
Total Debt Issued	9,100	5,900	12,700	-	12,700
Long-Term Debt Repaid	-9,100	-	-	-	-
Total Debt Repaid	-9,100	-12,700	-5,900	-	-5,900
Net Debt Issued (Repaid)	-	-6,800	6,800	-	6,800
Common Dividends Paid	-2,252	-1,131	-1,474	-	-1,474
Common & Preferred Dividends Paid	-	-1,037	-1,077	-	-1,077
Total Dividends Paid	-2,252	-2,168	-2,551	-	-2,551
Other Financing Activities	-	-	-1	-	-1
Miscellaneous Cash Flow Adjustments	0	-0	1	-	1
Net Cash Flow	3,340	-892.94	-541.22	-	-541.22
Cash Interest Paid	352.51	283.64	240.88	-	240.88
Cash Income Tax Paid	2.8	0.96	0.93	-	0.93
Levered Free Cash Flow	2,285	-	-4,740	-	-4,740
Unlevered Free Cash Flow	2,513	-	-4,546	-	-4,546
Change in Working Capital	2,930	33,715	-186.63	-	-186.63

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