SYLA Technologies Co., Ltd. (SYT) Cash Flow Statement
Where SYT’s cash came from and went, 2024
December 31, 2024 · Japanese yen- Cash from operations
- −¥6.04B
- Capital expenditures
- ¥3.88B 12.6% of revenue
- Free cash flow
- −¥9.93B −32.2% margin
- Returned to shareholders
- ¥82.2M
- Change in cash
- −¥1.55B cash at year-end ¥3.06B
Drawn to scale: where the cash came from and how it was used. Hover for values.
SYT operating cash flow, capex and free cash flow
SYT cash flow trends, 2020–2024
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | ¥269.0M2020 | −¥6.04B2024 | — | |
| Capital expenditures | ¥1.63B2020 | ¥3.88B2024 | +24.2%/yr | |
| Free cash flow | −¥1.36B2020 | −¥9.93B2024 | — | |
| Free cash flow margin | −10.4%2020 | −32.2%2024 | −21.8 pts | |
| Operating cash flow / net income | 0.622020 | −4.832024 | −5.45 | |
| Stock-based compensation | ¥2.4M2020 | ¥02024 | −100.0% | |
| Dividends paid | ¥3.4M2020 | ¥73.2M2024 | +115.5%/yr | |
| Share buybacks (net) | ¥02020 | ¥9.0M2024 | — | |
| Capex / revenue | 12.4%2020 | 12.6%2024 | +0.2 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SYT cash flow by activity
SYT net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
SYT cash flow statement in Japanese yen
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Operating activities | |||||
| Net income | ¥1.25B | ¥749.4M | ¥310.8M | ¥278.7M | ¥435.7M |
| Depreciation & amortization | ¥407.1M | ¥300.9M | ¥307.5M | ¥151.6M | ¥142.8M |
| Stock-based compensation | ¥0 | ¥201.9M | ¥6.6M | ¥11.6M | ¥2.4M |
| Change in working capital | −¥7.26B | −¥7.13B | −¥4.42B | −¥883.6M | −¥718.1M |
| Other non-cash items | −¥438.0M | −¥459.7M | ¥397.3M | ¥466.8M | ¥406.3M |
| Cash from operating activities | −¥6.04B | −¥6.34B | −¥3.40B | ¥25.1M | ¥269.0M |
| Investing activities | |||||
| Capital expenditures | −¥3.88B | −¥3.76B | −¥2.17B | −¥1.83B | −¥1.63B |
| Investments (net) | −¥2.48B | −¥1.68B | −¥2.64B | −¥1.93B | −¥1.75B |
| Acquisitions & other investing | ¥3.88B | ¥3.76B | ¥2.17B | ¥1.83B | ¥1.63B |
| Cash from investing activities | −¥2.48B | −¥1.68B | −¥2.64B | −¥1.93B | −¥1.75B |
| Financing activities | |||||
| Dividends paid | −¥73.2M | −¥34.8M | −¥11.9M | −¥4.6M | −¥3.4M |
| Share repurchases & issuance (net) | −¥9.0M | −¥13.6M | ¥0 | ¥7.80B | ¥5.87B |
| Net borrowing (repayment) | — | — | ¥5.15B | ¥1.37B | ¥1.80B |
| Shares issued | ¥0 | ¥1.72B | ¥0 | ¥100.9M | ¥116.2M |
| Other financing | ¥7.06B | ¥8.17B | ¥598.3M | −¥7.53B | −¥5.84B |
| Cash from financing activities | ¥6.98B | ¥9.84B | ¥5.74B | ¥1.74B | ¥1.95B |
| Summary | |||||
| Net change in cash | −¥1.55B | ¥1.82B | −¥57.7M | −¥167.1M | ¥473.1M |
| Cash at end of period | ¥3.06B | ¥4.61B | ¥2.79B | ¥2.85B | ¥3.01B |
| Free cash flow | −¥9.93B | −¥10.10B | −¥5.57B | −¥1.80B | −¥1.36B |
| Free cash flow margin | −32.2% | −44.4% | −25.3% | −10.8% | −10.4% |
| Capex / revenue | 12.6% | 16.5% | 9.9% | 11.0% | 12.4% |
| Operating cash flow / net income | −4.83 | −8.46 | −10.95 | 0.09 | 0.62 |
| Jun '22 | Dec '21 | Jun '21 | |
|---|---|---|---|
| Operating activities | |||
| Net income | ¥111.7M | ¥278.5M | ¥6.6M |
| Depreciation & amortization | ¥106.7M | ¥81.4M | ¥71.6M |
| Stock-based compensation | −¥26.1M | — | — |
| Change in working capital | −¥3.31B | −¥1.10B | ¥186.8M |
| Other non-cash items | ¥298.6M | ¥292.4M | ¥193.4M |
| Cash from operating activities | −¥2.82B | −¥448.0M | ¥458.4M |
| Investing activities | |||
| Capital expenditures | −¥1.06B | −¥817.0M | −¥1.02B |
| Acquisitions & other investing | −¥449.2M | ¥145.9M | −¥109.1M |
| Cash from investing activities | −¥1.51B | −¥671.1M | −¥1.13B |
| Financing activities | |||
| Dividends paid | −¥13.1M | −¥179,058 | −¥4.7M |
| Shares issued | ¥0 | ¥0 | ¥0 |
| Other financing | ¥3.34B | ¥1.12B | ¥512.7M |
| Cash from financing activities | ¥3.33B | ¥1.12B | ¥508.0M |
| Summary | |||
| Net change in cash | −¥1.40B | ¥2.5M | −¥167.2M |
| Cash at end of period | ¥1.87B | ¥2.77B | −¥167.2M |
| Free cash flow | −¥3.87B | −¥1.27B | −¥566.1M |
| Free cash flow margin | −39.5% | −12.1% | −8.5% |
| Capex / revenue | 10.8% | 7.8% | 15.3% |
| Operating cash flow / net income | −25.20 | −1.61 | 69.05 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in Japanese yen as reported; data from EODHD.
SYT cash generation
In fiscal 2024 (ended December 31, 2024), SYLA Technologies Co. Ltd. generated -¥6.0 billion of cash from operations and spent ¥3.9 billion on capital expenditures, leaving free cash flow of -¥9.9 billion, −32.2% of revenue. It returned ¥82.2 million to shareholders through dividends (¥73.2 million) and net share buybacks (¥9.0 million). Cash and equivalents fell by ¥1.6 billion over the year.
Related: SYT income statement, SYT balance sheet. See the SYT stock overview for the latest quote and news.
SYT cash flow FAQ
What is SYLA Technologies Co. Ltd.'s free cash flow?
SYLA Technologies Co. Ltd.'s free cash flow was -¥9.9 billion in fiscal 2024: -¥6.0 billion of operating cash flow minus ¥3.9 billion of capital expenditures It was -¥10.1 billion a year earlier..
How much cash does SYLA Technologies Co. Ltd. generate from operations?
SYLA Technologies Co. Ltd. generated -¥6.0 billion of cash from operating activities in fiscal 2024, −4.83 times its net income of ¥1.3 billion.
How much does SYLA Technologies Co. Ltd. spend on capital expenditures?
SYLA Technologies Co. Ltd. spent ¥3.9 billion on capital expenditures in fiscal 2024, 12.6% of revenue, compared with ¥3.8 billion the year before.
How much stock does SYLA Technologies Co. Ltd. buy back?
SYLA Technologies Co. Ltd. spent ¥9.0 million on net share repurchases in fiscal 2024.
How much does SYLA Technologies Co. Ltd. pay in dividends?
SYLA Technologies Co. Ltd. paid ¥73.2 million in dividends in fiscal 2024.