Warabeya Nichiyo Holdings 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	3,813	5,885	4,190	4,731	2,001
Depreciation & Amortization	7,502	4,970	4,654	5,178	4,812
Loss (Gain) From Sale of Assets	1,137	1,002	992	336	1,667
Loss (Gain) on Equity Investments	-118	-106	571	137	-120
Other Operating Activities	-571	-2,139	-1,139	-1,502	-952
Change in Accounts Receivable	33	-1,197	-382	704	1,738
Change in Inventory	-631	-119	-758	18	1,724
Change in Accounts Payable	184	370	-1,388	-586	-2,960
Change in Other Net Operating Assets	1,129	706	693	-910	428
Operating Cash Flow	12,478	9,372	7,433	8,106	8,338
Operating Cash Flow Growth	33.14%	26.09%	-8.30%	-2.78%	-26.72%
Capital Expenditures	-17,756	-12,374	-7,010	-3,762	-5,234
Sale of Property, Plant & Equipment	58	100	62	163	291
Sale (Purchase) of Intangibles	-88	-698	-91	-62	-219
Investment in Securities	-	-	-	-	207
Other Investing Activities	-2,933	-582	-525	-204	-167
Investing Cash Flow	-20,670	-13,542	-7,541	-3,963	-5,226
Long-Term Debt Issued	11,628	5,676	3,848	-	2,034
Long-Term Debt Repaid	-962	-965	-819	-620	-545
Total Debt Repaid	-962	-965	-819	-620	-545
Net Debt Issued (Repaid)	10,666	4,711	3,029	-620	1,489
Repurchase of Common Stock	-	-	-	-	-153
Common Dividends Paid	-1,583	-1,936	-880	-704	-704
Other Financing Activities	-828	-1,930	-1,457	-2,222	-2,554
Financing Cash Flow	8,255	845	692	-3,546	-1,922
Foreign Exchange Rate Adjustments	264	257	933	128	-145
Miscellaneous Cash Flow Adjustments	1	1	1	-	-2
Net Cash Flow	328	-3,067	1,518	725	1,043
Free Cash Flow	-5,278	-3,002	423	4,344	3,104
Free Cash Flow Growth	-	-	-90.26%	39.95%	-63.52%
Free Cash Flow Margin	-2.37%	-1.45%	0.22%	2.26%	1.60%
Free Cash Flow Per Share	-302.19	-171.90	24.22	248.81	177.49
Cash Interest Paid	349	162	116	86	98
Cash Income Tax Paid	857	2,138	1,167	1,502	954
Levered Free Cash Flow	-7,144	-6,070	-371.38	3,073	1,476
Unlevered Free Cash Flow	-6,916	-5,971	-280.75	3,126	1,537
Change in Working Capital	715	-240	-1,835	-774	930

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