TYO:3459 Cash Flow Statement

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

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '25 Jul 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Net Income	4,833	4,600	4,388	4,166	3,350	3,457
Depreciation & Amortization	2,320	2,305	2,218	2,090	1,779	1,625
Other Amortization	22.84	-	17.44	17.13	29.32	-
Change in Accounts Receivable	-4.2	-4	1.8	-4	9.39	-10
Change in Accounts Payable	84.12	137	115.21	-86.63	39.47	75
Change in Other Net Operating Assets	7,133	-	2,448	2,618	2,063	-
Other Operating Activities	-29.92	6,102	2,011	-13.89	-2.28	3,864
Operating Cash Flow	14,359	13,140	11,199	8,787	7,268	9,011
Operating Cash Flow Growth	52.70%	17.33%	27.45%	20.90%	-19.34%	10.21%
Acquisition of Real Estate Assets	-15,722	-15,746	-6,686	-20,864	-31,897	-14,870
Net Sale / Acq. of Real Estate Assets	-15,722	-15,746	-6,686	-20,864	-31,897	-14,870
Other Investing Activities	-0.72	-1	-118.55	2.93	78.03	23
Investing Cash Flow	-15,723	-15,747	-6,805	-20,861	-31,819	-14,847
Long-Term Debt Issued	-	-	-	-	24,050	-
Total Debt Issued	26,450	6,000	6,000	13,715	24,050	4,450
Long-Term Debt Repaid	-	-	-	-	-10,550	-
Total Debt Repaid	-20,450	-	-5,650	-5,350	-10,550	-
Net Debt Issued (Repaid)	6,000	6,000	350	8,365	13,500	4,450
Issuance of Common Stock	1,406	1,405	-	8,445	15,980	4,712
Common Dividends Paid	-4,872	-4,596	-4,648	-4,447	-3,877	-3,379
Other Financing Activities	-19.11	-19	-	-43	-57.12	-31
Miscellaneous Cash Flow Adjustments	-	-1	-0	0	-	-1
Net Cash Flow	1,150	182	97.04	246.06	995.16	-85
Cash Interest Paid	921.3	796	717.58	654.66	564.35	500
Cash Income Tax Paid	3.45	3	0.99	0.79	1.72	1
Levered Free Cash Flow	-	-10,584	-	-	-	-11,515
Unlevered Free Cash Flow	-	-9,918	-	-	-	-11,105
Change in Working Capital	7,213	133	2,565	2,528	2,112	65

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