TYO:8975 Cash Flow Statement

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

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Apr '25 Apr 30, 2025	Oct '24 Oct 31, 2024	Apr '24 Apr 30, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021	2016 - 2020
Net Income	5,932	4,081	6,646	9,486	6,693	6,323	Upgrade
Depreciation & Amortization	990.2	980.04	1,964	1,922	1,804	1,758	Upgrade
Change in Accounts Receivable	-27.42	-16.05	-10	-8.75	16.03	13.89	Upgrade
Change in Accounts Payable	415.18	286.35	-360	201.5	-82.53	526.27	Upgrade
Change in Other Net Operating Assets	4,193	626.03	-	3,919	1,362	-157.91	Upgrade
Other Operating Activities	31.97	7.79	4,292	1,537	-1.15	54.9	Upgrade
Operating Cash Flow	11,553	5,966	12,532	17,057	9,795	8,517	Upgrade
Operating Cash Flow Growth	12.34%	-52.40%	-26.53%	74.14%	15.00%	-20.69%	Upgrade
Acquisition of Real Estate Assets	-16,427	-16,414	-2,186	-11,477	-5,249	-5,175	Upgrade
Net Sale / Acq. of Real Estate Assets	-16,427	-16,414	-2,186	-11,477	-5,249	-5,175	Upgrade
Investment in Marketable & Equity Securities	39.85	39.85	-	11.1	-51.21	50.65	Upgrade
Other Investing Activities	82.42	289.15	-26	-71.48	112.85	52.7	Upgrade
Investing Cash Flow	-16,305	-16,086	-2,212	-11,538	-5,188	-5,072	Upgrade
Long-Term Debt Issued	-	12,692	-	-	21,150	-	Upgrade
Total Debt Issued	16,796	12,692	682	11,419	21,150	13,711	Upgrade
Long-Term Debt Repaid	-	-4,192	-	-	-19,292	-	Upgrade
Total Debt Repaid	-8,638	-4,192	-	-9,623	-19,292	-11,816	Upgrade
Net Debt Issued (Repaid)	8,158	8,500	682	1,796	1,858	1,895	Upgrade
Issuance of Common Stock	3,500	3,500	-	-	-	-	Upgrade
Repurchase of Common Stock	-	-	-	-	-	-1,500	Upgrade
Common Dividends Paid	-4,311	-3,327	-	-3,103	-7,102	-3,416	Upgrade
Common & Preferred Dividends Paid	-	-	-6,400	-6,393	-	-3,225	Upgrade
Total Dividends Paid	-4,311	-3,327	-6,400	-9,496	-7,102	-6,641	Upgrade
Other Financing Activities	-0	-	-	-	-	-0	Upgrade
Miscellaneous Cash Flow Adjustments	-0	-	-2	-0	-0	-1	Upgrade
Net Cash Flow	2,595	-1,447	4,600	-2,181	-636.4	-2,801	Upgrade
Cash Interest Paid	693.45	591.1	1,032	964.28	893.66	955.1	Upgrade
Cash Income Tax Paid	0.61	0.61	-	0.61	1.21	0.61	Upgrade
Levered Free Cash Flow	-	-	2,200	-	7,000	-	Upgrade
Unlevered Free Cash Flow	-	-	3,173	-	7,564	-	Upgrade
Change in Net Working Capital	-415.41	563.38	1,724	780.62	-627.29	-485	Upgrade

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