TYO:3463 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	4,694	4,312	1,697	934	612	381
Depreciation & Amortization	922	941	854	737	702	677
Change in Accounts Receivable	-88	-174	-9	-165	80	-47
Change in Accounts Payable	178	1,178	204	64	9	-1,136
Other Operating Activities	10,788	3,841	-748	93	128	-41
Operating Cash Flow	16,494	10,098	1,998	1,663	1,531	-166
Operating Cash Flow Growth	581.57%	405.41%	20.14%	8.62%	-	-
Acquisition of Real Estate Assets	-12,148	-3,182	-15,812	-3,445	-417	-5,267
Net Sale / Acq. of Real Estate Assets	-12,148	-3,182	-15,812	-3,445	-417	-5,267
Other Investing Activities	5	-16	214	42	-66	73
Investing Cash Flow	-12,143	-3,198	-15,598	-3,403	-483	-5,194
Total Debt Issued	3,550	-	7,000	-	370	500
Total Debt Repaid	-	-	-870	-	-	-
Net Debt Issued (Repaid)	3,550	-	6,130	-	370	500
Issuance of Common Stock	-	-	8,099	-	-	-
Common Dividends Paid	-4,307	-1,968	-1,291	-703	-478	-2,300
Other Financing Activities	-1	-	846	-	-370	-500
Miscellaneous Cash Flow Adjustments	-	-1	-1	1	-2	-2
Net Cash Flow	3,593	4,931	183	-2,442	568	-7,662
Cash Interest Paid	418	380	198	212	203	209
Cash Income Tax Paid	2	1	-	-	-	1
Levered Free Cash Flow	-	1,912	-14,920	-2,456	870.88	-5,508
Unlevered Free Cash Flow	-	2,310	-14,620	-2,198	1,120	-5,261
Change in Working Capital	90	1,004	195	-101	89	-1,183

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