and ST HD 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	14,655	17,116	11,433	7,911	646
Depreciation & Amortization	11,488	10,296	9,059	7,102	7,313
Loss (Gain) From Sale of Assets	1,249	1,029	492	600	1,322
Loss (Gain) From Sale of Investments	59	243	100	-	-
Other Operating Activities	-5,740	-4,479	-4,362	-3,385	-606
Change in Accounts Receivable	1,403	-3,547	-2,019	72	190
Change in Inventory	-1,426	-1,980	-4,939	-3,266	-771
Change in Accounts Payable	-832	3,160	4,090	-3,784	2,805
Change in Other Net Operating Assets	517	385	-394	-1,746	1,034
Operating Cash Flow	21,373	22,223	13,460	3,504	11,933
Operating Cash Flow Growth	-3.82%	65.10%	284.13%	-70.64%	-42.77%
Capital Expenditures	-7,521	-5,670	-6,988	-3,796	-3,807
Cash Acquisitions	-4,493	-	-839	-563	-
Sale (Purchase) of Intangibles	-3,874	-3,318	-3,520	-3,136	-2,695
Investment in Securities	-1	-10	-88	-202	-21
Other Investing Activities	-1,082	-922	1,472	-83	248
Investing Cash Flow	-16,971	-9,920	-9,963	-7,780	-7,366
Long-Term Debt Issued	220	380	200	-	-
Total Debt Issued	220	380	200	-	-
Short-Term Debt Repaid	-	-203	-64	-	-
Long-Term Debt Repaid	-1,125	-405	-692	-	-
Total Debt Repaid	-1,125	-608	-756	-	-
Net Debt Issued (Repaid)	-905	-228	-556	-	-
Repurchase of Common Stock	-699	-757	-93	-1	-3,677
Common Dividends Paid	-3,917	-3,194	-2,510	-2,283	-1,907
Other Financing Activities	-1,590	-1,402	-1,239	-967	-1,256
Financing Cash Flow	-7,111	-5,581	-4,398	-3,251	-6,840
Foreign Exchange Rate Adjustments	449	276	381	309	-22
Miscellaneous Cash Flow Adjustments	-	-	1	-1	1
Net Cash Flow	-2,260	6,998	-519	-7,219	-2,294
Free Cash Flow	13,852	16,553	6,472	-292	8,126
Free Cash Flow Growth	-16.32%	155.76%	-	-	-51.57%
Free Cash Flow Margin	4.73%	6.01%	2.67%	-0.14%	4.42%
Free Cash Flow Per Share	301.01	364.72	142.80	-6.46	174.38
Cash Interest Paid	264	248	193	148	160
Cash Income Tax Paid	5,725	4,496	4,367	3,381	550
Levered Free Cash Flow	7,484	10,805	2,090	-2,779	4,672
Unlevered Free Cash Flow	7,649	10,960	2,211	-2,687	4,772
Change in Working Capital	-338	-1,982	-3,262	-8,724	3,258

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