Brass Cash Flow Statement

Financials in millions JPY. Fiscal year is August - July.

Millions JPY. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jan '26 Jan 31, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023
Net Income	418	544	478	789
Depreciation & Amortization	768	787	740	759
Loss (Gain) From Sale of Assets	228	220	9	413
Other Operating Activities	-287	-75	-442	-470
Change in Accounts Receivable	-31	-12	25	23
Change in Inventory	-19	-25	-27	-25
Change in Accounts Payable	-69	301	-244	-32
Change in Other Net Operating Assets	140	168	-3	-129
Operating Cash Flow	1,148	1,908	536	1,328
Operating Cash Flow Growth	-12.37%	255.97%	-59.64%	-
Capital Expenditures	-1,575	-667	-1,161	-347
Cash Acquisitions	-	-	-	23
Sale (Purchase) of Intangibles	-2	-5	-4	-59
Other Investing Activities	-32	-161	-12	-26
Investing Cash Flow	-1,609	-833	-1,177	-409
Short-Term Debt Issued	-	-	200	-
Long-Term Debt Issued	-	1,200	2,105	400
Total Debt Issued	2,247	1,200	2,305	400
Short-Term Debt Repaid	-	-200	-	-
Long-Term Debt Repaid	-	-1,393	-2,260	-1,557
Total Debt Repaid	-1,313	-1,593	-2,260	-1,557
Net Debt Issued (Repaid)	934	-393	45	-1,157
Repurchase of Common Stock	-	-	-80	-
Common Dividends Paid	-42	-42	-32	-21
Other Financing Activities	1	-1	-1	-1
Financing Cash Flow	893	-436	-68	-1,179
Miscellaneous Cash Flow Adjustments	-	-1	-1	14
Net Cash Flow	432	638	-710	-246
Free Cash Flow	-427	1,241	-625	981
Free Cash Flow Margin	-3.05%	9.15%	-4.91%	7.40%
Free Cash Flow Per Share	-80.28	233.33	-116.06	180.51
Cash Interest Paid	41	32	19	21
Cash Income Tax Paid	289	76	440	470
Levered Free Cash Flow	-510.38	1,197	-748.5	-
Unlevered Free Cash Flow	-485.38	1,217	-737.25	-
Change in Working Capital	21	432	-249	-163