Food & Life Companies Cash Flow Statement

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	33,777	21,653	9,864	7,564	21,584
Depreciation & Amortization	35,776	30,760	26,586	22,902	18,565
Loss (Gain) From Sale of Assets	1,213	2,192	4,975	6,821	2,361
Loss (Gain) on Equity Investments	-	-	-52	2,056	541
Other Operating Activities	-8,341	-1,636	-763	-13,200	-5,439
Change in Accounts Receivable	-982	-2,535	-2,295	6,025	-8,077
Change in Inventory	-3,720	-2,558	-389	-1,339	61
Change in Accounts Payable	6,287	4,459	2,580	756	1,391
Change in Other Net Operating Assets	419	3,991	1,854	-2,071	692
Operating Cash Flow	64,429	56,326	42,360	29,514	31,679
Operating Cash Flow Growth	14.39%	32.97%	43.53%	-6.83%	32.42%
Capital Expenditures	-25,177	-19,530	-15,755	-16,093	-13,273
Sale of Property, Plant & Equipment	13	14	655	-	252
Cash Acquisitions	-	-	-	-255	-2,289
Sale (Purchase) of Intangibles	-1,161	-1,196	-957	-1,841	-328
Investment in Securities	2,133	-2,446	-617	-200	-227
Other Investing Activities	-1,244	-908	-1,214	-1,258	-1,421
Investing Cash Flow	-25,436	-24,066	-17,888	-19,647	-17,286
Long-Term Debt Issued	4,974	19,494	-	34,000	54,918
Long-Term Debt Repaid	-9,009	-24,009	-4,009	-4,009	-38,745
Net Debt Issued (Repaid)	-4,035	-4,515	-4,009	29,991	16,173
Issuance of Common Stock	347	14	19	46	-
Repurchase of Common Stock	-1	-7,504	-	-2,000	-
Common Dividends Paid	-3,388	-2,599	-2,598	-2,609	-1,739
Other Financing Activities	-22,158	-19,718	-17,288	-14,889	-12,327
Financing Cash Flow	-29,235	-34,322	-23,876	10,539	2,107
Foreign Exchange Rate Adjustments	368	-471	-4	863	203
Miscellaneous Cash Flow Adjustments	1	-	-	1	-1
Net Cash Flow	10,127	-2,533	592	21,270	16,702
Free Cash Flow	39,252	36,796	26,605	13,421	18,406
Free Cash Flow Growth	6.68%	38.30%	98.23%	-27.08%	58.17%
Free Cash Flow Margin	9.14%	10.19%	8.82%	4.77%	7.64%
Free Cash Flow Per Share	342.21	317.64	228.23	115.28	157.81
Cash Interest Paid	2,613	2,008	1,428	935	761
Cash Income Tax Paid	8,257	1,497	612	12,775	5,525
Levered Free Cash Flow	34,113	31,486	21,245	6,337	14,006
Unlevered Free Cash Flow	35,806	32,845	22,177	6,961	14,525
Change in Working Capital	2,004	3,357	1,750	3,371	-5,933

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