Business One Holdings Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	1,515	1,260	1,150	1,005	827	660
Depreciation & Amortization	605	567	490	427	361	284
Loss (Gain) From Sale of Assets	-8	-4	1	-	-	1
Loss (Gain) From Sale of Investments	-3	2	5	-	-	-
Other Operating Activities	-495	-425	-471	-355	-231	-160
Change in Accounts Receivable	-773	86	-857	-1,640	-9	16
Change in Inventory	2,685	1,797	494	-2,974	-1,208	1,048
Change in Accounts Payable	-208	-170	32	65	24	-42
Change in Other Net Operating Assets	-386	-431	156	111	-955	259
Operating Cash Flow	2,932	2,682	1,000	-3,361	-1,191	2,066
Operating Cash Flow Growth	140.53%	168.20%	-	-	-	33.81%
Capital Expenditures	-1,374	-1,791	-722	-1,940	-1,708	-1,188
Sale of Property, Plant & Equipment	14	7	3	-	-	-
Cash Acquisitions	33	33	-	8	-	-
Divestitures	-	15	-	-	-	-
Sale (Purchase) of Intangibles	-8	-	-11	-2	-20	-1
Investment in Securities	12	1	-	-	-35	-35
Other Investing Activities	-2	-2	-4	-14	-7	-2
Investing Cash Flow	-1,289	-1,701	-733	-1,947	-1,554	-1,226
Short-Term Debt Issued	-	-	574	4,446	2,709	-
Long-Term Debt Issued	-	2,319	998	2,542	2,245	1,242
Total Debt Issued	2,361	2,319	1,572	6,988	4,954	1,242
Short-Term Debt Repaid	-	-1,420	-	-	-	-500
Long-Term Debt Repaid	-	-1,510	-1,371	-1,212	-1,765	-1,339
Total Debt Repaid	-3,271	-2,930	-1,371	-1,212	-1,765	-1,839
Net Debt Issued (Repaid)	-910	-611	201	5,776	3,189	-597
Common Dividends Paid	-41	-41	-29	-20	-16	-16
Other Financing Activities	-5	-5	-6	-7	-9	-22
Financing Cash Flow	-956	-657	166	5,749	3,164	-635
Miscellaneous Cash Flow Adjustments	-2	-	-	-1	34	-1
Net Cash Flow	685	324	433	440	453	204
Free Cash Flow	1,558	891	278	-5,301	-2,899	878
Free Cash Flow Growth	412.50%	220.50%	-	-	-	3.91%
Free Cash Flow Margin	8.90%	5.54%	2.07%	-43.41%	-28.79%	8.90%
Free Cash Flow Per Share	375.52	214.76	67.01	-1277.69	-698.74	211.62
Cash Interest Paid	257	230	218	203	160	149
Cash Income Tax Paid	494	434	496	384	271	191
Levered Free Cash Flow	941.75	486.38	246.38	-5,401	-3,180	250.38
Unlevered Free Cash Flow	1,094	630.75	379.5	-5,282	-3,082	339.13
Change in Working Capital	1,318	1,282	-175	-4,438	-2,148	1,281

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.