TYO:8964 Cash Flow Statement

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

Millions JPY. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	5,288	5,882	12,136	12,198	11,960	10,827
Depreciation & Amortization	2,076	1,987	3,901	3,851	4,167	4,078
Other Amortization	-	4.16	8.32	8.32	51.09	6.37
Change in Accounts Receivable	7.7	4.79	101.7	-124.79	60.16	86.85
Change in Accounts Payable	734.79	34.04	-60.56	24.16	-67.52	260.1
Change in Other Net Operating Assets	-1,857	-453.55	1,779	8,175	1,283	204.1
Other Operating Activities	417.31	-26	-2.58	24.25	-16.04	-5.73
Operating Cash Flow	6,667	7,432	17,863	24,156	17,439	15,457
Operating Cash Flow Growth	-68.45%	-58.40%	-26.05%	38.52%	12.82%	3.80%
Acquisition of Real Estate Assets	-8,739	-11,741	-18,827	-694.76	-21,302	-630.82
Net Sale / Acq. of Real Estate Assets	-8,739	-11,741	-18,827	-694.76	-21,302	-630.82
Other Investing Activities	-166.47	-86.85	-189.87	-1,033	-1,115	-1,489
Investing Cash Flow	-8,902	-11,827	-19,017	-1,728	-24,080	-2,120
Short-Term Debt Issued	-	-	-	-	12,000	5,000
Long-Term Debt Issued	-	17,000	18,900	9,300	19,000	6,500
Total Debt Issued	9,000	17,000	18,900	9,300	31,000	11,500
Short-Term Debt Repaid	-	-	-	-	-12,000	-6,000
Long-Term Debt Repaid	-	-7,000	-12,400	-11,500	-11,000	-8,000
Total Debt Repaid	1,000	-7,000	-12,400	-11,500	-23,000	-14,000
Net Debt Issued (Repaid)	10,000	10,000	6,500	-2,200	8,000	-2,500
Issuance of Common Stock	-	-	-	-	14,898	-
Common Dividends Paid	-5,934	-5,950	-11,718	-12,029	-11,422	-10,834
Other Financing Activities	-0	-0	-	-	-66.45	-
Miscellaneous Cash Flow Adjustments	-1	0	-0	-0	-0	-
Net Cash Flow	1,830	-345.45	-6,372	8,199	4,768	3.98
Cash Interest Paid	540.56	412.84	612.07	525.65	515.69	500.21
Cash Income Tax Paid	1.95	0.92	1.77	1.71	1.89	1.71
Levered Free Cash Flow	-	4,181	12,472	11,605	9,937	11,602
Unlevered Free Cash Flow	-	4,435	12,852	11,932	10,255	11,910
Change in Working Capital	-1,115	-414.72	1,821	8,074	1,276	551.05

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