TYO:8975 Cash Flow Statement

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

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Net Income	9,347	7,406	9,487	6,693	6,324
Depreciation & Amortization	1,974	1,963	1,923	1,804	1,758
Change in Accounts Receivable	18.96	-21.42	-7.94	16.03	13.32
Change in Accounts Payable	26.32	232.92	-3.44	-82.53	-40.96
Change in Other Net Operating Assets	6,978	2,645	5,657	1,362	461.43
Other Operating Activities	-4.2	6.72	2.21	-1.15	3.12
Operating Cash Flow	18,341	12,232	17,058	9,795	8,518
Operating Cash Flow Growth	49.94%	-28.29%	74.15%	14.99%	-20.68%
Acquisition of Real Estate Assets	-2,591	-17,509	-11,479	-5,249	-5,177
Net Sale / Acq. of Real Estate Assets	-2,591	-17,509	-11,479	-5,249	-5,177
Investment in Marketable & Equity Securities	-	39.85	11.1	-51.21	50.65
Other Investing Activities	-41.96	276.57	-71.01	112.85	53.6
Investing Cash Flow	-2,633	-17,192	-11,539	-5,188	-5,072
Long-Term Debt Issued	13,721	15,934	19,066	21,150	21,836
Total Debt Issued	13,721	15,934	19,066	21,150	21,836
Long-Term Debt Repaid	-12,840	-7,092	-17,270	-19,292	-19,941
Total Debt Repaid	-12,840	-7,092	-17,270	-19,292	-19,941
Net Debt Issued (Repaid)	881	8,842	1,796	1,858	1,895
Issuance of Common Stock	-	3,500	-	-	-
Repurchase of Common Stock	-1,580	-	-	-	-1,500
Common Dividends Paid	-9,362	-6,528	-9,496	-7,102	-6,642
Miscellaneous Cash Flow Adjustments	-	0	-	-0	-0
Net Cash Flow	5,647	853.69	-2,181	-636.4	-2,800
Cash Interest Paid	1,261	1,107	965.16	893.66	955.45
Cash Income Tax Paid	1.21	1.21	1.21	1.21	1.21
Levered Free Cash Flow	8,327	6,375	7,472	7,000	6,564
Unlevered Free Cash Flow	9,119	7,077	8,083	7,564	7,172
Change in Working Capital	7,024	2,857	5,646	1,295	433.8