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 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Net Income	5,339	3,813	5,885	4,190	4,731
Depreciation & Amortization	7,317	7,502	4,970	4,654	5,178
Loss (Gain) From Sale of Assets	174	1,137	1,002	992	336
Asset Writedown & Restructuring Costs	75	-	-	-	-
Loss (Gain) on Equity Investments	-73	-118	-106	571	137
Other Operating Activities	1,626	-571	-2,139	-1,139	-1,502
Change in Accounts Receivable	-2,018	33	-1,197	-382	704
Change in Inventory	-193	-631	-119	-758	18
Change in Accounts Payable	861	184	370	-1,388	-586
Change in Other Net Operating Assets	3,852	1,129	706	693	-910
Operating Cash Flow	16,960	12,478	9,372	7,433	8,106
Operating Cash Flow Growth	35.92%	33.14%	26.09%	-8.30%	-2.78%
Capital Expenditures	-13,815	-17,756	-12,374	-7,010	-3,762
Sale of Property, Plant & Equipment	394	58	100	62	163
Sale (Purchase) of Intangibles	-114	-88	-698	-91	-62
Other Investing Activities	27	-2,933	-582	-525	-204
Investing Cash Flow	-13,482	-20,670	-13,542	-7,541	-3,963
Long-Term Debt Issued	5,015	11,628	5,676	3,848	-
Long-Term Debt Repaid	-4,600	-962	-965	-819	-620
Total Debt Repaid	-4,600	-962	-965	-819	-620
Net Debt Issued (Repaid)	415	10,666	4,711	3,029	-620
Common Dividends Paid	-1,848	-1,583	-1,936	-880	-704
Other Financing Activities	-431	-828	-1,930	-1,457	-2,222
Financing Cash Flow	-1,864	8,255	845	692	-3,546
Foreign Exchange Rate Adjustments	314	264	257	933	128
Miscellaneous Cash Flow Adjustments	-	1	1	1	-
Net Cash Flow	1,928	328	-3,067	1,518	725
Free Cash Flow	3,145	-5,278	-3,002	423	4,344
Free Cash Flow Growth	-	-	-	-90.26%	39.95%
Free Cash Flow Margin	1.34%	-2.37%	-1.45%	0.22%	2.26%
Free Cash Flow Per Share	181.02	-302.19	-171.90	24.22	248.81
Cash Interest Paid	399	349	162	116	86
Cash Income Tax Paid	853	857	2,138	1,167	1,502
Levered Free Cash Flow	937.13	-7,144	-6,070	-371.38	3,073
Unlevered Free Cash Flow	1,195	-6,916	-5,971	-280.75	3,126
Change in Working Capital	2,502	715	-240	-1,835	-774

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