TYO:8952 Cash Flow Statement

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	37,185	36,648	38,834	33,259	33,448	33,038
Depreciation & Amortization	12,506	12,307	12,440	12,460	12,602	12,808
Other Amortization	10.37	7.35	-	24.79	24.79	11.64
Change in Accounts Receivable	-353.87	94.29	-188	-100.95	-127.26	90.89
Change in Accounts Payable	-222.03	680.25	752	969.09	203.55	527.24
Change in Other Net Operating Assets	19,270	8,464	-	13,113	22,504	680.92
Other Operating Activities	-537.82	9,589	20,676	165.14	-72.71	2,826
Operating Cash Flow	67,858	67,789	72,514	59,890	68,587	49,982
Operating Cash Flow Growth	-4.31%	-6.52%	21.08%	-12.68%	37.22%	4.27%
Acquisition of Real Estate Assets	-62,895	-38,602	-50,367	-64,561	-56,859	-4,778
Net Sale / Acq. of Real Estate Assets	-62,895	-38,602	-50,367	-64,561	-56,859	-4,778
Investment in Marketable & Equity Securities	-	-	-	-	-83.3	-
Other Investing Activities	2,175	1,557	-827	-170.38	-1,666	1,364
Investing Cash Flow	-60,722	-37,046	-51,194	-64,732	-58,612	-3,414
Short-Term Debt Issued	-	-	-	167,000	91,700	-
Long-Term Debt Issued	-	-	-	54,000	51,200	-
Total Debt Issued	175,000	97,300	40,000	221,000	142,900	69,000
Short-Term Debt Repaid	-	-	-	-145,700	-88,000	-
Long-Term Debt Repaid	-	-	-	-48,500	-51,000	-
Total Debt Repaid	-146,500	-94,000	-32,300	-194,200	-139,000	-68,500
Net Debt Issued (Repaid)	28,500	3,300	7,700	26,800	3,900	500
Issuance of Common Stock	-	-	-	19,495	-	-
Common Dividends Paid	-35,553	-35,257	-34,455	-32,088	-31,519	-31,275
Other Financing Activities	-0	-	-1	-37.82	-	-50.32
Miscellaneous Cash Flow Adjustments	0	-0	-	-0	-	-1
Net Cash Flow	83.87	-1,215	-5,436	9,327	-17,644	15,741
Cash Interest Paid	2,977	2,655	1,984	1,681	1,756	1,843
Cash Income Tax Paid	24.88	27.28	23	21.87	21.7	22.27
Levered Free Cash Flow	33,389	-	-13,302	34,009	34,519	-
Unlevered Free Cash Flow	35,368	-	-12,004	35,073	35,575	-
Change in Working Capital	18,695	9,238	564	13,981	22,585	1,299