Japan Hotel REIT Investment Corporation (TYO:8985)
Japan · Delayed Price · Currency is JPY 83,300
-1,400 (-1.65%)
Sep 18, 2026, 11:30 AM JST
TYO:8985 Cash Flow Statement
Financials in millions JPY. Fiscal year is January - December.
Millions JPY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 26,170 | 27,145 | 18,272 | 13,134 | 2,672 | 1,297 |
Depreciation & Amortization | 7,319 | 6,695 | 5,618 | 5,083 | 4,788 | 4,804 |
Other Amortization | 132.78 | 105.06 | 77.01 | 39.39 | 35.66 | 92.64 |
Gain (Loss) on Sale of Assets | 100.19 | -192.14 | 236.9 | 151.7 | 57.81 | 16.68 |
Asset Writedown | - | - | 212.78 | 7.92 | - | - |
Change in Accounts Receivable | -959.84 | -1,925 | -1,195 | -408.1 | -2,692 | -1,078 |
Change in Accounts Payable | 75.49 | 237.85 | -236.91 | 234.58 | -9.85 | -1,694 |
Change in Other Net Operating Assets | 26.59 | 1,690 | -4.16 | -452.59 | 495.19 | 8,260 |
Other Operating Activities | 104.42 | -2.68 | -222.48 | -5.45 | -14.9 | -16.41 |
Operating Cash Flow | 32,968 | 33,753 | 22,758 | 17,785 | 5,331 | 11,682 |
Operating Cash Flow Growth | 8.14% | 48.31% | 27.97% | 233.60% | -54.37% | -15.02% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Acquisition of Real Estate Assets | -137,039 | -72,570 | -65,187 | -38,572 | -3,870 | -3,495 |
Net Sale / Acq. of Real Estate Assets | -137,039 | -72,570 | -65,187 | -38,572 | -3,870 | -3,495 |
Other Investing Activities | -208.38 | 42.45 | 525.2 | 87.37 | 278.34 | -999.79 |
Investing Cash Flow | -137,379 | -71,869 | -64,737 | -38,552 | -3,640 | -4,695 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 1,800 | 15,568 | 35,536 | 25,082 |
Long-Term Debt Issued | - | 97,950 | 69,089 | 45,977 | 2,800 | - |
Total Debt Issued | 111,350 | 97,950 | 70,889 | 61,545 | 38,336 | 25,082 |
Short-Term Debt Repaid | - | -1,000 | -16,368 | -35,113 | -24,425 | -13,862 |
Long-Term Debt Repaid | - | -32,800 | -24,521 | -15,432 | -14,434 | -15,220 |
Total Debt Repaid | -46,630 | -33,800 | -40,889 | -50,545 | -38,859 | -29,082 |
Net Debt Issued (Repaid) | 64,720 | 64,150 | 30,000 | 11,000 | -523 | -4,000 |
Issuance of Common Stock | 61,539 | - | 33,465 | 11,813 | - | 289.33 |
Common Dividends Paid | -25,788 | -20,063 | -13,973 | -3,046 | -1,635 | -1,833 |
Other Financing Activities | -18.64 | -18.64 | -0 | - | -15.03 | 0 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Miscellaneous Cash Flow Adjustments | 0 | 0 | - | 0 | 0 | -0 |
Net Cash Flow | -3,958 | 5,952 | 7,514 | -999.98 | -481.77 | 1,444 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Levered Free Cash Flow | 21,582 | 23,027 | 14,036 | 11,733 | 3,939 | 5,456 |
Unlevered Free Cash Flow | 24,013 | 24,966 | 15,014 | 12,441 | 4,642 | 6,198 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 3,791 | 3,102 | 1,592 | 1,148 | 1,158 | 1,225 |
Cash Income Tax Paid | 1.21 | 12.24 | 1.62 | 1.21 | 1.21 | 1.21 |
Change in Working Capital | -857.76 | 2.67 | -1,436 | -626.11 | -2,207 | 5,489 |