Star Asia Investment Corporation (TYO:3468)

Star Asia Investment Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Net Income	4,834	7,197	5,855	5,078	14,210
Depreciation & Amortization	1,164	2,020	1,520	1,380	1,261
Other Amortization	24.23	21.83	13.63	15.56	-
Change in Accounts Receivable	-24.98	-303.38	-2.11	-41.41	8.01
Change in Accounts Payable	-142.21	365.18	292	47.46	-65.68
Change in Other Net Operating Assets	2,152	827.45	-298.96	222.89	7,037
Other Operating Activities	39.68	1,435	1,106	-5.34	-8,895
Operating Cash Flow	8,047	11,562	8,485	6,697	13,556
Operating Cash Flow Growth	-30.41%	36.27%	26.70%	-50.60%	162.77%
Acquisition of Real Estate Assets	-1,139	-49,727	-16,593	-14,064	-7,636
Net Sale / Acq. of Real Estate Assets	-1,139	-49,727	-16,593	-14,064	-7,636
Investment in Marketable & Equity Securities	-	-430	400	238.69	154.53
Other Investing Activities	128.43	-173.36	-1,513	340.91	-203.35
Investing Cash Flow	-1,011	-52,507	-17,706	-13,485	-7,685
Short-Term Debt Issued	-	-	-	500	3,810
Long-Term Debt Issued	7,300	-	-	32,786	21,710
Total Debt Issued	7,300	31,140	12,800	33,286	25,520
Short-Term Debt Repaid	-800	-	-	-2,650	-6,560
Long-Term Debt Repaid	-7,300	-	-	-23,450	-20,040
Total Debt Repaid	-8,100	-6,140	-5,600	-26,100	-26,600
Net Debt Issued (Repaid)	-800	25,000	7,200	7,186	-1,080
Issuance of Common Stock	-	23,144	6,973	6,329	-
Common Dividends Paid	-4,570	-3,048	-2,639	-5,092	-5,493
Common & Preferred Dividends Paid	-	-3,614	-2,866	-	-
Total Dividends Paid	-4,570	-6,662	-5,505	-5,092	-5,493
Other Financing Activities	-	-	-0	-	-
Miscellaneous Cash Flow Adjustments	-0	-1	1	-0	5,189
Net Cash Flow	1,666	536.71	-552.06	1,635	4,487
Cash Interest Paid	749.77	942.42	741.06	663.67	602.58
Cash Income Tax Paid	7.74	0.62	-1.04	2.74	2.01
Levered Free Cash Flow	3,740	-	-	4,661	1,814
Unlevered Free Cash Flow	4,216	-	-	5,086	2,189
Change in Working Capital	1,985	889.25	-9.07	228.94	6,979

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.