Honeys Holdings Cash Flow Statement

Financials in millions JPY. Fiscal year is June - May.

Millions JPY. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Net Income	5,132	5,662	7,126	7,790	4,938	3,720
Depreciation & Amortization	1,372	1,336	1,170	1,124	1,072	1,036
Loss (Gain) From Sale of Assets	316	328	148	231	212	255
Other Operating Activities	-2,013	-1,951	-2,729	-1,703	-1,690	-2
Change in Accounts Receivable	39	-662	-	-420	-731	-39
Change in Inventory	-1,111	-220	-2,594	-628	-738	1,650
Change in Accounts Payable	-183	336	-292	749	-354	927
Change in Other Net Operating Assets	-197	89	-696	-338	-496	160
Operating Cash Flow	3,355	4,918	2,133	6,805	2,213	7,707
Operating Cash Flow Growth	-38.42%	130.57%	-68.66%	207.50%	-71.29%	3977.78%
Capital Expenditures	-1,214	-1,992	-4,033	-1,628	-1,350	-1,744
Sale (Purchase) of Intangibles	-38	-37	-55	-19	-24	-41
Investment in Securities	-1	-1	-	-	-595	-
Other Investing Activities	1	-234	-115	-136	-503	-95
Investing Cash Flow	-1,252	-2,264	-4,203	-1,783	-2,472	-1,880
Repurchase of Common Stock	-	-	-	-2	-1	-2
Common Dividends Paid	-1,533	-1,532	-1,532	-1,114	-836	-975
Other Financing Activities	1	-	-1	-1	-	-1
Financing Cash Flow	-1,532	-1,532	-1,533	-1,117	-837	-978
Foreign Exchange Rate Adjustments	36	-628	106	-82	-36	-23
Miscellaneous Cash Flow Adjustments	-2	-2	1	-1	-	-2
Net Cash Flow	605	492	-3,496	3,822	-1,132	4,824
Free Cash Flow	2,141	2,926	-1,900	5,177	863	5,963
Free Cash Flow Growth	-8.11%	-	-	499.88%	-85.53%	-
Free Cash Flow Margin	3.75%	5.07%	-3.36%	9.43%	1.81%	13.14%
Free Cash Flow Per Share	76.81	104.98	-68.19	185.78	30.97	213.96
Cash Interest Paid	-	-	-	-	-	1
Cash Income Tax Paid	2,009	1,950	2,727	1,703	1,688	4
Levered Free Cash Flow	-553.38	3,441	-3,386	5,763	285.63	4,882
Unlevered Free Cash Flow	-553.38	3,441	-3,386	5,763	285.63	4,882
Change in Working Capital	-1,452	-457	-3,582	-637	-2,319	2,698

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