TYO:8985 Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	18,272	13,134	2,672	1,297	1,527	Upgrade
Depreciation & Amortization	5,618	5,083	4,788	4,804	4,762	Upgrade
Other Amortization	77.01	39.39	35.66	92.64	118.3	Upgrade
Gain (Loss) on Sale of Assets	236.9	151.7	57.81	16.68	-179.02	Upgrade
Asset Writedown	212.78	7.92	-	-	-	Upgrade
Change in Accounts Receivable	-1,195	-408.1	-2,692	-1,078	2,107	Upgrade
Change in Accounts Payable	-236.91	234.58	-9.85	-1,694	1,694	Upgrade
Change in Other Net Operating Assets	-4.16	-452.59	495.19	8,260	3,844	Upgrade
Other Operating Activities	-222.48	-5.45	-14.9	-16.41	-126.09	Upgrade
Operating Cash Flow	22,758	17,785	5,331	11,682	13,747	Upgrade
Operating Cash Flow Growth	27.97%	233.60%	-54.37%	-15.02%	-31.27%	Upgrade
Acquisition of Real Estate Assets	-65,187	-38,572	-3,870	-3,495	-2,335	Upgrade
Net Sale / Acq. of Real Estate Assets	-65,187	-38,572	-3,870	-3,495	-2,335	Upgrade
Other Investing Activities	525.2	87.37	278.34	-999.79	-137.66	Upgrade
Investing Cash Flow	-64,737	-38,552	-3,640	-4,695	-3,077	Upgrade
Short-Term Debt Issued	1,800	15,568	35,536	25,082	18,574	Upgrade
Long-Term Debt Issued	69,089	45,977	2,800	-	-	Upgrade
Total Debt Issued	70,889	61,545	38,336	25,082	18,574	Upgrade
Short-Term Debt Repaid	-16,368	-35,113	-24,425	-13,862	-5,792	Upgrade
Long-Term Debt Repaid	-24,521	-15,432	-14,434	-15,220	-12,782	Upgrade
Total Debt Repaid	-40,889	-50,545	-38,859	-29,082	-18,574	Upgrade
Net Debt Issued (Repaid)	30,000	11,000	-523	-4,000	-	Upgrade
Issuance of Common Stock	33,465	11,813	-	289.33	-	Upgrade
Common Dividends Paid	-13,973	-3,046	-1,635	-1,833	-16,461	Upgrade
Other Financing Activities	-0	-	-15.03	0	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	0	0	-0	0	Upgrade
Net Cash Flow	7,514	-999.98	-481.77	1,444	-5,791	Upgrade
Cash Interest Paid	1,592	1,148	1,158	1,225	1,280	Upgrade
Cash Income Tax Paid	1.62	1.21	1.21	1.21	1.2	Upgrade
Levered Free Cash Flow	14,036	11,733	3,939	5,456	10,284	Upgrade
Unlevered Free Cash Flow	15,014	12,441	4,642	6,198	11,074	Upgrade
Change in Net Working Capital	3,712	2,062	2,823	338.08	-4,844	Upgrade

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