TYO:3462 Cash Flow Statement

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

Millions JPY. Fiscal year is Sep - Aug.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Net Income	32,091	30,648	30,698	25,882	25,453
Depreciation & Amortization	16,834	16,783	16,699	16,594	16,315
Other Amortization	25.76	19.2	16.35	15.97	15.97
Gain (Loss) on Sale of Assets	64.85	51.12	28.95	-139.52	23.85
Change in Accounts Receivable	-280.82	-165.1	-23.88	-46.61	308.25
Change in Accounts Payable	49.12	-276.14	437.08	88.11	51.16
Change in Other Net Operating Assets	29,903	28,875	17,612	8,442	986.23
Other Operating Activities	206.45	-133.21	-297.21	-158.45	94.49
Operating Cash Flow	79,029	75,744	65,188	50,640	43,319
Operating Cash Flow Growth	4.34%	16.19%	28.73%	16.90%	4.38%
Acquisition of Real Estate Assets	-35,756	-40,075	-28,112	-33,959	-23,950
Net Sale / Acq. of Real Estate Assets	-35,756	-40,075	-28,112	-33,959	-23,950
Other Investing Activities	-367.38	-571.93	-5.12	508.25	27.44
Investing Cash Flow	-39,246	-41,860	-31,763	-37,727	-23,953
Short-Term Debt Issued	22,705	1,000	4,000	-	-
Long-Term Debt Issued	72,290	53,250	66,350	54,755	61,050
Total Debt Issued	94,995	54,250	70,350	54,755	61,050
Short-Term Debt Repaid	-23,705	-2,000	-2,000	-	-
Long-Term Debt Repaid	-70,408	-52,361	-64,436	-55,091	-61,136
Total Debt Repaid	-94,113	-54,361	-66,436	-55,091	-61,136
Net Debt Issued (Repaid)	881.7	-110.95	3,914	-335.6	-85.6
Repurchase of Common Stock	-3,000	-7,000	-	-	-
Common Dividends Paid	-32,142	-29,662	-27,442	-24,807	-25,810
Other Financing Activities	-1.52	-2,473	-3,755	-5,989	-5,525
Miscellaneous Cash Flow Adjustments	-	-0	-0	-	-0
Net Cash Flow	5,521	-5,362	6,143	-18,220	-12,055
Cash Interest Paid	4,012	3,556	3,477	3,562	3,830
Cash Income Tax Paid	7.81	1.82	4.08	3.88	4.9
Levered Free Cash Flow	33,505	21,430	32,595	28,204	33,561
Unlevered Free Cash Flow	36,528	24,197	35,311	30,943	36,436
Change in Working Capital	29,806	28,376	18,042	8,446	1,417

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.