Sobal Cash Flow Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Net Income	692	691	1,007	637	557
Depreciation & Amortization	42	15	13	15	21
Loss (Gain) From Sale of Assets	-224	-	22	-	-
Loss (Gain) From Sale of Investments	178	-	-	-	-
Other Operating Activities	-25	-432	-278	-103	4
Change in Accounts Receivable	-22	-95	133	-155	165
Change in Inventory	32	-13	5	-12	-53
Change in Accounts Payable	140	-88	21	67	-76
Change in Other Net Operating Assets	31	17	-398	-19	-249
Operating Cash Flow	844	95	525	430	369
Operating Cash Flow Growth	788.42%	-81.91%	22.09%	16.53%	-59.41%
Capital Expenditures	-19	-17	-10	-10	-7
Sale of Property, Plant & Equipment	514	-	40	-	-
Sale (Purchase) of Intangibles	-	-	-	-	-6
Investment in Securities	-202	-	-	-	-
Other Investing Activities	-23	-	370	-	-
Investing Cash Flow	270	-17	400	-10	-13
Short-Term Debt Issued	-	-	-	800	300
Total Debt Issued	-	-	-	800	300
Short-Term Debt Repaid	-	-	-	-800	-300
Total Debt Repaid	-	-	-	-800	-300
Common Dividends Paid	-259	-258	-262	-250	-242
Financing Cash Flow	-259	-258	-262	-250	-242
Miscellaneous Cash Flow Adjustments	-	1	-	-1	-1
Net Cash Flow	855	-179	663	169	113
Free Cash Flow	825	78	515	420	362
Free Cash Flow Growth	957.69%	-84.85%	22.62%	16.02%	-60.00%
Free Cash Flow Margin	9.50%	0.95%	6.31%	5.15%	4.81%
Free Cash Flow Per Share	104.86	9.91	65.46	53.39	46.01
Cash Income Tax Paid	41	429	280	127	260
Levered Free Cash Flow	896.5	-58.63	574.5	377.88	140.88
Unlevered Free Cash Flow	896.5	-58.63	574.5	377.88	140.88
Change in Working Capital	181	-179	-239	-119	-213

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