Sobal Cash Flow Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Net Income	657	692	691	1,007	637
Depreciation & Amortization	13	42	15	13	15
Loss (Gain) From Sale of Assets	-	-224	-	22	-
Loss (Gain) From Sale of Investments	23	178	-	-	-
Other Operating Activities	-365	-25	-432	-278	-103
Change in Accounts Receivable	-46	-22	-95	133	-155
Change in Inventory	-3	32	-13	5	-12
Change in Accounts Payable	-2	140	-88	21	67
Change in Other Net Operating Assets	95	31	17	-398	-19
Operating Cash Flow	372	844	95	525	430
Operating Cash Flow Growth	-55.92%	788.42%	-81.91%	22.09%	16.53%
Capital Expenditures	-12	-19	-17	-10	-10
Sale of Property, Plant & Equipment	-	514	-	40	-
Cash Acquisitions	-103	-	-	-	-
Investment in Securities	-	-202	-	-	-
Other Investing Activities	-3	-23	-	370	-
Investing Cash Flow	-118	270	-17	400	-10
Short-Term Debt Issued	-	-	-	-	800
Total Debt Issued	-	-	-	-	800
Short-Term Debt Repaid	-	-	-	-	-800
Total Debt Repaid	-	-	-	-	-800
Common Dividends Paid	-258	-259	-258	-262	-250
Financing Cash Flow	-258	-259	-258	-262	-250
Miscellaneous Cash Flow Adjustments	-	-	1	-	-1
Net Cash Flow	-4	855	-179	663	169
Free Cash Flow	360	825	78	515	420
Free Cash Flow Growth	-56.36%	957.69%	-84.85%	22.62%	16.02%
Free Cash Flow Margin	4.01%	9.50%	0.95%	6.31%	5.15%
Free Cash Flow Per Share	45.76	104.86	9.91	65.46	53.39
Cash Income Tax Paid	365	41	429	280	127
Levered Free Cash Flow	279.75	896.5	-58.63	574.5	377.88
Unlevered Free Cash Flow	279.75	896.5	-58.63	574.5	377.88
Change in Working Capital	44	181	-179	-239	-119

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.