Bourbon Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	7,971	7,680	4,303	1,778	4,721
Depreciation & Amortization	5,604	5,399	4,942	4,658	4,517
Loss (Gain) From Sale of Assets	59	62	273	117	14
Loss (Gain) From Sale of Investments	-27	-483	-135	-59	7
Loss (Gain) on Equity Investments	-12	-55	11	-	-
Other Operating Activities	-2,147	-1,464	-748	-969	-1,580
Change in Accounts Receivable	-377	45	-1,053	-368	-394
Change in Inventory	-1,698	-3,014	-932	-1,463	-653
Change in Accounts Payable	132	-813	2,326	-856	2,079
Change in Other Net Operating Assets	-225	-830	824	-721	-621
Operating Cash Flow	9,280	6,527	9,811	2,117	8,090
Operating Cash Flow Growth	42.18%	-33.47%	363.44%	-73.83%	0.43%
Capital Expenditures	-4,114	-6,821	-5,349	-5,721	-4,908
Cash Acquisitions	-44	-	-	-	-
Investment in Securities	-49	608	373	-760	-110
Other Investing Activities	-164	-262	-319	-258	-103
Investing Cash Flow	-4,371	-6,475	-5,295	-6,739	-5,121
Short-Term Debt Issued	-	-	-	2,000	-
Long-Term Debt Issued	-	298	-	3,099	-
Total Debt Issued	-	298	-	5,099	-
Short-Term Debt Repaid	-	-1,500	-	-	-
Long-Term Debt Repaid	-310	-410	-310	-252	-210
Total Debt Repaid	-310	-1,910	-310	-252	-210
Net Debt Issued (Repaid)	-310	-1,612	-310	4,847	-210
Issuance of Common Stock	-	356	-	-	-
Common Dividends Paid	-930	-768	-636	-612	-600
Other Financing Activities	-275	-203	-235	-265	-275
Financing Cash Flow	-1,515	-2,227	-1,181	3,970	-1,085
Foreign Exchange Rate Adjustments	39	-8	58	42	131
Miscellaneous Cash Flow Adjustments	1	-	-1	1	-1
Net Cash Flow	3,434	-2,183	3,392	-609	2,014
Free Cash Flow	5,166	-294	4,462	-3,604	3,182
Free Cash Flow Growth	-	-	-	-	39.07%
Free Cash Flow Margin	4.29%	-0.26%	4.30%	-3.70%	3.37%
Free Cash Flow Per Share	213.71	-12.21	185.73	-150.02	132.45
Cash Interest Paid	38	27	13	8	4
Cash Income Tax Paid	2,145	1,461	749	968	1,583
Levered Free Cash Flow	4,118	-1,265	4,632	-3,167	3,391
Unlevered Free Cash Flow	4,142	-1,248	4,640	-3,162	3,393
Change in Working Capital	-2,168	-4,612	1,165	-3,408	411

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