TYO:3481 Cash Flow Statement

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

Millions JPY. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2017 - 2019
Period Ending	Feb '25 Feb 28, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021	Aug '20 Aug 31, 2020	2017 - 2019
Net Income	9,630	8,554	6,939	5,522	4,456	3,288	Upgrade
Depreciation & Amortization	2,733	2,724	2,563	1,984	1,656	1,233	Upgrade
Other Amortization	-	-	163.21	164.14	87.39	-	Upgrade
Gain (Loss) on Sale of Assets	0.59	2	-	-	-	3	Upgrade
Asset Writedown	-	-	-	15.16	-	-	Upgrade
Change in Accounts Receivable	0.99	-13	-7.48	-27.58	-15.95	-6	Upgrade
Change in Accounts Payable	6.44	258	578.62	0.92	2.84	194	Upgrade
Change in Other Net Operating Assets	7,790	-	614.82	-808.34	-205.93	-	Upgrade
Other Operating Activities	0.28	3,768	1,347	64.75	99.11	96	Upgrade
Operating Cash Flow	20,161	15,293	12,199	6,915	6,080	4,808	Upgrade
Operating Cash Flow Growth	76.26%	25.37%	76.42%	13.74%	26.45%	31.94%	Upgrade
Acquisition of Real Estate Assets	-8,475	-16,696	-46,415	-46,566	-57,948	-31,110	Upgrade
Net Sale / Acq. of Real Estate Assets	-8,475	-16,696	-46,415	-46,566	-57,948	-31,110	Upgrade
Other Investing Activities	87.61	353	948.36	465.4	1,496	652	Upgrade
Investing Cash Flow	-8,387	-16,343	-45,467	-46,100	-56,452	-30,458	Upgrade
Short-Term Debt Issued	-	-	-	3,800	6,300	-	Upgrade
Long-Term Debt Issued	-	-	-	23,711	21,450	-	Upgrade
Total Debt Issued	10,050	9,865	36,071	27,511	27,750	12,550	Upgrade
Short-Term Debt Repaid	-	-	-	-2,500	-5,850	-	Upgrade
Long-Term Debt Repaid	-	-	-	-2,211	-	-	Upgrade
Total Debt Repaid	-10,050	-	-14,980	-4,711	-5,850	-1,100	Upgrade
Net Debt Issued (Repaid)	-	9,865	21,091	22,800	21,900	11,450	Upgrade
Issuance of Common Stock	-	-	20,293	22,981	36,361	19,434	Upgrade
Common Dividends Paid	-8,902	-	-3,309	-5,450	-4,140	-	Upgrade
Common & Preferred Dividends Paid	-	-8,010	-3,840	-	-	-3,164	Upgrade
Total Dividends Paid	-8,902	-8,010	-7,149	-5,450	-4,140	-3,164	Upgrade
Other Financing Activities	-0	-1	1	-	-	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	-2	0	-0	-0	-	Upgrade
Net Cash Flow	2,871	802	967.99	1,145	3,749	2,070	Upgrade
Cash Interest Paid	662.25	625	486.74	289.3	191.66	131	Upgrade
Cash Income Tax Paid	2.95	-	0.85	1.75	1.77	-	Upgrade
Levered Free Cash Flow	-	-9,024	-	3,394	1,968	-28,696	Upgrade
Unlevered Free Cash Flow	-	-8,620	-	3,582	2,090	-28,611	Upgrade
Change in Working Capital	7,797	245	1,186	-835.01	-219.04	188	Upgrade

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